AgdaPkt 2005-12-05 - Laserfiche WebLink

Browse Search

6t?-/9 Accordingly, we believe that the conceptual desIgns submitted are in support of the guidelines for adoption of Precise Plan's under Article 52.5A as follows: 1. Need for desired residential housing in close proximity to downtown to rekindle the "around the clock" foot traffic culture required to support the business infrastructure. We have endeavored to provide just that. We have stretched our means to provide a structure which is safe, high quality and in harmony with the City's vision of the future down town plan to provide housing for medium income level families to relieve the shortage of housing. . 2. TT is committed to making desired housing close to downtown affordable by allocating 14 ofthe units to low income families. Recognizing the physical constraints we have with respect to the' high water level on this particular site, we request that the City shows some flexibility in'tenns of height, parking and set backs to make this project economically feasible. 3. The architectural style submitted for TT confonns to the European downtown environment envisioned for Redwood City. TT architectural design will enhance the image of the down town and hopefully would serve as a model for others to follow. 4. Tuscan Tower will be generating income for the city as well as the county in tenns of property taxes. A day of delaying such a project is a day in deferring a sure income for the City. 5. Leaving a vacant land in the heart of the downtown seems contrary to the vision of having an attractive cosmopolitan area which invites a leisurely walking pedestrian environment. 6. Due to the proximity ofthe relatively high, multi-story County buildings, this particular site should be a most likely candidate for considerations of height and set back variances. Our building will significantly enhance the current ambiance. We recognize that these elements are required for the successful execution of the plans for Downtown and propose to spearhead a successful implementation of SSPP. We believe that this is in the best interest of DPP as it will encourage other developers to invest in the area in support of the vision. In conclusion, we would respectfully request that that the Planning Commission and the City Council grants us the pennission to go ahead with the site-specific plan quickly so that we may meet our investor's demands. If these issues continue to drag-out much beyond the already delayed schedule, we will be forced to abandon the project at a loss. That would be a terrible loss for the City, as well as our investors. We sincerely hope we will not have to exercise this option. We hold all the staff and the members of the City Council in highest respect and are confident that your professionalism and cooperation will see us through this very time sensitive issue. With kindest regards, Mike Sayar President, Tuscan Towers CC: Ed Everett, City Manager, Susan F. Moeller, Curtis William, Debbi M. Jones-Thomas 2