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9.B - Page 7 <br /> 3. Ferrari Property, Water Dependent Development-2 (WD-2) & Open Space — <br /> Wetland (OS-W) The Ferrari Property is located north of the Inner Harbor land- <br /> side area, adjacent to the Graniterock facility and Seaport Centre. The Draft <br /> IHSP would allow: <br /> a. Residential uses: 8 units/acre + an additional 2 units/acre with an <br /> approved community benefits plan <br /> b. Maximum height of 30 feet <br /> c. On the OS-W portion of the site, only low scale buildings compatible with <br /> the open space nature of the site would be allowed; floor area of 25% <br /> maximum. <br /> The City has not received a formal development application for this site. <br /> However, this site is generally considered to be the best site for a floating home <br /> community. Residential density of approximately 100 units may be possible, with <br /> additional units possible under an alternative scenario studied in the Draft EIR. <br /> Draft Environmental Impact Report <br /> The City has prepared a Draft EIR for Draft IHSP and HVP project under all relevant <br /> sections of the California Environmental Quality Act (CEQA). The Draft EIR informs <br /> Redwood City decision makers, responsible agencies, and the public of the potential <br /> environmental effects associated with the IHSP and HVP project. <br /> The Draft EIR identified potential significant impacts for the Specific Plan in the areas of <br /> Aesthetics, Air Quality, Biological Resources, Cultural Resources, Geology and Soils, <br /> Greenhouse Gas Emissions and Energy, Hazards and Hazardous Materials, Hydrology <br /> and Water Quality, Land Use and Planning, Noise, Population, Housing and <br /> Employment, Public Services and Recreation, Utilities and Service Systems, and <br /> Transportation and Traffic. <br /> A summary of the environmental impacts associated with the Draft OHSP is provided in <br /> the December 1, 2015 Planning Commission staff report. <br /> Harbor View Place <br /> The Jay Paul Company submitted a proposal to development a commercial office <br /> project within the Inner Harbor area. This project is known as Harbor View Place (HVP). <br /> The HVP project encompasses the easternmost portion of the proposed IHSP area — <br /> specifically the IH-2 district (the former Malibu Grand Prix site) and an additional parcel <br /> (Lyngso) located outside of the IHSP area, at the southwest corner of the intersection of <br /> Seaport Boulevard and Blomquist Street. Given the proposed development extends <br /> beyond the boundaries of the IHSP, and exceeds the development standards, the <br />