AgdaPkt 2017-03-27 Closed and Joint SA PFA

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part of any development that exceeds that development cap. The applicant has stated that they are currently developing their community benefit package and will formally submit that package shortly. Although the Project would exceed the existing development for office space, the project appears to be consistent with all other aspects of the General Plan and DTPP (review has not been completed). The project has potential to increase the vitality of Main Street by adding employees to the daytime Main Street and broader downtown population. As discussed in the August 16, 2016, Planning Commission Staff Report related to active ground floor uses on Main Street, office foot traffic typically leads to the development of retail uses. Increased foot traffic and retail development would address the concerns raised by City Councilmembers most recently on February 13, 2017, regarding focusing development efforts on Main Street. While there has been a considerable amount of development investment in the Downtown Precise Plan area in the past five years, there has been little investment in the stretch of Main Street between Middlefield and Broadway. Staff recommends that the City Council direct staff to proceed with General Plan and Downtown Precise Plan amendments to increase the Office MAD cap. Directing staff to proceed with this amendment process does not approve the amendments, not does it endorse the project. After the associated environmental review is complete, staff would first bring the amendments to the Planning Commission for consideration and recommendation, and then to the City Council for adoption. This process would take approximately 4-5 months. ALTERNATIVES Alternatively, the Council could: · Direct that no amendments be made to the General Plan and Downtown Precise Plan at this time. · Direct that other General Plan or DTPP amendments be made concurrently. FISCAL IMPACT None. Staff time would be covered by the cost recovery account for the proposed project at 851 Main Street. ENVIRONMENTAL REVIEW In 2010, an Environmental Impact Report (State Clearinghouse #2006052027) was prepared to assess potential impacts resulting from the implementation of the DTPP. The DTPP established new land use, development, and urban design regulations for the 183-acre DTPP area, including the potential for up to 500,000 square feet of office space. The DTPP Environmental Impact Report (EIR) was certified by the City Council on January 24, 2011. The City determined that a Supplemental EIR, to the DTPP EIR, is required for the project. A Notice of Preparation (NOP) comment period for the proposed project began on August 26, 2016 and ended on September 27, 2016. The Planning Commission conducted a scoping session on September 6, 2016. The Supplemental EIR will contain an analysis of the project and if warranted, would identify potentially significant unavoidable impacts (significant impacts 8.A. - Page 5