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<br />Mr. Mike Church <br />Re: City Block: Arguello-Bradford-Warren & Fuller <br />January 4, 2000 <br />Page 2 <br /> <br />B. The Zoning and Generãl Plan are in conformance, which is CA. The CA zone area is <br />attached and is physically defined by Arguello-Bradford- Winslow and Marshall Street. The <br />exception being the southeast corner of Brewster and Arguello, which is zoned CB. The area <br />is nearly fully developed with commercially viable office buildings with only minor pockets <br />of redevelopment opportunities. One such opportunity is the pending application of an office <br />building located at the terminus of Fuller Street at Winslow. There are approximately 32 <br />parcels in the zoning district in which the smallest five lots have non-conforming uses. The <br />land area for the non-conforming uses are fractioned by ownership and location. <br /> <br />C. The CA zoning and General Plan do not include a residential element. At the time that our <br />application was accepted, there was no formal modification of this zoning or General Plan. <br /> <br />D. The application is for the development of a five-story, 94,000 square foot "class A" office <br />building with two levels of underground parking. <br /> <br />Proposed <br /> <br />Zonin~ <br />Requirements <br /> <br />Building Height <br />Site Coverage <br /> <br />70' <br />28% <br /> <br />75' <br /> <br />60% <br /> <br />Parking Stalls Provided <br />Landscape coverage <br /> <br />336 <br /> <br />314 <br /> <br />14% <br /> <br />5% <br /> <br />2. Mission Statement for the Development. <br /> <br />To develop the first new Class A office building (as of approx. ten years) immediately adjacent <br />to downtown Redwood City. The building would signal a shift back to downtown, leveraging <br />the synergy and importance of mass transit and commercial services. <br /> <br />A. Tenant/Customer Profile. <br /> <br />Redwood City along the 101 corridor has been the beneficiary of the technology industry <br />(primarily internet) expansion. Only as recently as 1998 and 1999 has the redevelopment <br />west of 101 become a reality with the completion of the Excite Campus and properties along <br />the Woodside Road corridor. The technology tenants differ from the tràditk>n'á~åowntown <br />Redwood City tenants (historically attorneys and professionals catering to county services) in <br />that the technology companies are faster growing and very in tune to the environmental <br />benefits of an urban location. <br /> <br />As the internet explosion continues, this project provides an opportunity to bring in local <br />companies looking to maintain their headquarters in Redwood City. The residual benefit is a <br />new employment base that has disposable income to spend in the downtown insuring its <br />