AgdaPkt 2014-12-08 Closed and Joint SA

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9.B. - Page 6 • Traffic generated by 1 ,000 residential units is roughly equal to the traffic generated by 180,000 square feet of office space. In other words, the City could increase the MAD level for office development by 180,000 square feet without increasing anticipated traffic in the DTPP area by reducing the MAD level for residential development by 1,800 residential units. • Traffic generated by 100,000 square feet of retail space is roughly equivalent to traffic generated by 42,000 square feet of office space. In other words, the City could increase the MAD level for office development by 42,000 square feet without increasing anticipated traffic in the DTPP area by reducing the MAD level for retail development by 100,000 residential units. The above conversions are examples of how reductions in residential and retail MAD levels can be used to increase the office MAD level without increasing traffic in the DTPP area, based on the Fehr & Peers conversion rates detailed in the attached memorandum. Staff Recommendation: Based on DTPP policies, current demand and the initial traffic review, staff recommends the following: That the City Council direct staff to complete an initial study to determine whether the City can rely on the previously-certified DTPP EIR to satisfy the applicable CEQA requirements for an amendment to the DTPP, as described below, or whether further environmental review will be required; and That the City Council direct staff to continue to study the feasibility of amending the DTPP to allow adjustments to the MAD limitations, on an application-by-application basis, as follows: • That a maximum of 740 housing units be allowed to be converted for office uses. This would retain approximately 15% (375 units) of the original 2,500 unit allocation for future residential applications. In total, this would allow a minimum of 1,760 residential units to be developed under DTPP Phase 1 .