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05/20/2019 RESOLUTION NO. 15769 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY APPROVING AN ARCHITECTURAL PERMIT, PLANNED DEVELOPMENT PERMIT, USE PERMIT, VESTING TENTATIVE MAP, STATE DENSITY BONUS LAW CONCESSIONS AND AN AFFORDABLE HOUSING PLAN FOR THE BROADWAY PLAZA PROJECT LOCATED AT 1401 BROADWAY AND 2201 BAY ROAD WHEREAS, the Applicant, The Sobrato Organization ("Applicant'), submitted an application for an Architectural Permit (AP2016-062), Planned Development Permit (PD2016- 005), Use Permit (UP2018-001), Vesting Tentative Map (TM2016-005), two State Density Bonus Law concessions and an Affordable Housing Plan for Broadway Plaza, including 119 affordable residential units, 401 market -rate units, 420,000 square feet of office, 26,000 sq. ft. of retail, 10,000 sq. ft. of childcare and 1.6 acres of publicly -accessible open space located at 1401 Broadway and 2201 Bay Road (the "Project'), which is located within the Mixed Use Corridor — Gateway Broadway Zoning District (Broadway portion) and the Light Industrial Incubator — Emergency Shelter Overlay (Bay Road portion); and WHEREAS, the Project includes a requested concession from the State Density Bonus law for providing 80 cubic feet of personal storage per unit as required by the MUC-GB zoning district; and WHEREAS, the Project also requests a concession to reduce the parking ratio for the 119 affordable units per State Density Bonus law and the City's Density Bonus Ordinance (Section 32.19); and WHEREAS, the Project requests a bonus height as allowed by Section 53.7 of the Zoning Ordinance, and WHEREAS, the Project includes a Planned Development Permit to allow up to 2.95 spaces/1,000 sq. ft. of office where 3.3/1,000 would be required, and to allow up to 280 shared parking spaces between the market -rate residential use and the office use; and WHEREAS, on January 18, 2018, the Architectural Advisory Committee (AAC) conducted a public hearing to consider the proposed project; and WHEREAS, on October 18, 2018, the AAC conducted a second public hearing to consider the proposed project. The AAC considered the development standards and urban design guidelines of the Zoning ordinance, and recommended that the Planning Commission approve the project as proposed by the Applicant; and WHEREAS, the applicant incorporated these project changes into the Project before it was heard by the Planning Commission (Commission); and WHEREAS, an Environmental Impact Report has been prepared in accordance with the requirements of the California Environmental Quality Act (Public Resources Section 2100 et seq.; hereafter, "CEQA") and the Guidelines for implementation of the California Environmental Quality Act (Title 14, section 15000 et seq. of the California Code of Regulations; hereafter, the "CEQA ATTY/RE50.0051 CC RE50 APPROVING PROJECT — BROADWAY PLAZA RE50. NO. 15769 REV: 05-15-19 PR MUFF NO. 601 Page 1 of 22