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housing development to be constructed on this site. Housing is prohibited under the <br />current designation. <br />The affordable housing would be constructed to fulfill (and exceed) the affordable <br />housing obligation for a nearby office and market-rate housing development that the <br />Sobrato Organization is proposing to build at 1401 Broadway. The 1401 Broadway <br />project does not require General Plan Amendment, and is not the subject of this report. <br />However, for greater context, the 1401 Broadway Project is described below. <br />Furthermore, additional details about the City’s affordable housing requirements are <br />contained in this report. <br />1401 Broadway Project (The Broadway Block) <br />In July 2016, The Sobrato Organization submitted an application for the development of <br />a mixed-use project at 1401 Broadway, located in the Mixed Use Corridor – Gateway <br />Broadway (MUC-GB) zoning district. This development site is referred to as the <br />“Broadway Block” in this report. The 11.2 acre project site is the full block bounded by <br />Broadway, Chestnut, Bay and Woodside, with the exception of the existing Denny’s and <br />Jack-in-the-Box restaurants, which will remain (Figure 1). <br /> <br />Figure 1: Project Site <br /> <br />Project Site <br />(“Broadway Block”) <br />7.A. - Page 2