AgdaPkt 2015-07-27 Joint SA and PFA

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8.A. - Page 1 REPORT To the Honorable Mayor and City Council From the City Manager July 27, 2015 SUBJECT Request by Kenneth Rodrigues & Partners, Inc. on behalf of Hamilton & Winslow Properties LLC for a Downtown Planned Community Permit, Tentative Parcel Map, Parking In -Lieu Application, Disposition and Development Agreement, and a Right -of- Way Vacation over a portion of a City -Owned Parcel to develop a new 5 -story mixed - use building and underground parking garage at 815 Hamilton Street RECOMMENDATION 1. Adopt Resolution (Attachment 1) approving a Downtown Planned Community Permit, Tentative Parcel Map and Parking In -Lieu Fee Application for the development a 5 -story mixed -use office and retail building and two levels of underground parking at 815 Hamilton Street, based on the findings and subject to the conditions of approval listed therein, and upon consideration of the Initial Study Checklist demonstrating compliance with the Downtown Precise Plan Environmental Impact Report (EIR) as certified on January 24, 2011; and 2. Adopt Resolution (Attachment 2) approving a Disposition and Development Agreement between the City and Hamilton & Winslow Properties, LLC. BACKGROUND Project Summary: Under consideration is a proposal to construct a 5- story, 68,583 square foot mixed -use office /retail building with two levels of underground parking consisting of 88 stalls (the "Project ") behind the Fox Theatre at 815 Hamilton Street, 2215 Broadway, and 840 Middlefield Road in Downtown Redwood City (Attachment 3). Major components of the Project include: 1. Proposed 5 -Story Mixed -Use Building: Applicants propose a new mixed -use office and retail building with frontage on Hamilton Street, Winslow Street and Theatre Way that would serve as a visual gateway into downtown from the Caltrain Station. The proposed building would be 5- stories /83 feet tall, which is substantially smaller than the maximum allowable building height of 12 stories /136 feet would be allowed. The building is designed in the Neoclassical architectural style, featuring brick panels with sawtooth detailing, concrete panels with decorative flutes and precast spandrel details, concrete columns that frame the balconies along the top floor, a rooftop courtyard with cupola that anchors the corner of the Hamilton Street /Theatre Way facade, windows with deep recesses throughout, and thick cornice lines and roof overhangs that provide a clear visual termination for each major horizontal section of the building (see Figure 1). The proposed building would screen the