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06/07/2004 <br />Findings: As compared to the Initial Project, Alternative 4 —like the <br />Project -- would result in reduced, but still significant, environmental impacts in the areas <br />of land use, transportation and circulation, biological resources, hydrology and water <br />quality, and infrastructure and public services. Environmental impacts in the areas of <br />visual factors, soils and geology, public health and safety, noise, cultural resources, and <br />air quality would be similar to those associated with the Initial Project and —with the <br />exception of visual impacts, where Alternative 4 would have greater effects than the <br />Project — similar to those of the Project. With respect to population, housing and <br />employment, Alternative 4 would, if feasible, have housing benefits similar to those of <br />both the Initial Project and the Project and, compared to the Initial Project, a similar but <br />increased positive effect on the existing citywide imbalance between jobs and employed <br />residents, reducing in- commuting. However, the reduction in marina fill under <br />Alternative 4 also reduces the land area available for residential structures, making it <br />very difficult to achieve fundamental project objectives, including meeting housing <br />demand and providing affordable housing, and is, therefore, not be a feasible alternative <br />to the Project. <br />E. Reduced Commercial, with Reduced Building Heights, Reduced <br />Marina Fill, and Added Park (Alternative 5) <br />Description: Alternative 5 assumes development of the Project site along <br />lines similar to those described for Alternative 4 but with the addition of a neighborhood <br />park. Accordingly, Alternative 5 would include development of 1,930 condominium <br />residential units for sale, 162,000 square feet of commercial floor area, including <br />150,000 square feet of office space and 12,000 square feet of convenience retail, and a <br />three -acre neighborhood park. Alternative 5 would include approximately fifteen multi- <br />story residential structures (two more than the Initial Project) and a reduction in <br />maximum residential structure height from 260 feet to 190 feet. It would involve more <br />marina fill than the Project but less than the Initial Project (approximately 11 acres for <br />Alternative 4 as opposed to approximately 11.54 acres for the Initial Project and 10 <br />acres for the Project). <br />Findings: As compared to the Initial Project, Alternative 5 —like the <br />Project -- would result in reduced, but still significant, impacts in the areas of visual <br />factors, transportation and circulation, biological resources, and hydrology and water <br />quality. Environmental impacts in the areas of land use, infrastructure and public <br />services, soils and geology, public health and safety, noise, cultural resources, and air <br />quality would be similar to those associated with the Initial Project and the Project. With <br />respect to population, housing and employment, Alternative 5, if feasible, would have <br />housing benefits similar to those of both the Initial Project and the Project and, <br />compared to the Initial Project, a similar but increased positive effect on the existing <br />citywide imbalance between jobs and employed residents, reducing in- commuting. <br />Alternative 5 would also reduce the maximum height of residential structures to 190 <br />feet. However, this height reduction, as well as incorporation of the three -acre <br />neighborhood park, significantly reduces the land area available for construction of <br />residential structures, making it very difficult to achieve fundamental project objectives, <br />1289 \02 \179278.2 38 <br />Atty /Reso /Reso.1470 14590 <br />060804 Muff # 304 Bin 26 <br />