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AgdaPkt 2019-11-04 Joint SA PFA
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AgdaPkt 2019-11-04 Joint SA PFA
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Last modified
10/1/2020 12:44:08 PM
Creation date
10/31/2019 5:21:55 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
11/4/2019
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Development Remaining in DTPP Caps <br />Remaining in Cap ifflL <br />I <br />302 units 2,125 units <br />The total residential cap is 2,500. Ar <br />amendment to the DTPP was <br />approved in 2016 to require 15% of <br />units to be affordable. <br />199 units 375 units <br />South Main Mixed Use Project <br />proposed to use 38 affordable units <br />at 1304 EI Camino Real. <br />7,500 sq. ft. 500,000 sq. ft. Of this 7,500 sq. ft., of this 5,000 <br />sq. ft. is set aside for `small office <br />cap' and 3,030 sq. ft. is set aside for <br />929 Main Street. <br />200 units 200 units The Sequoia Hotel proposal <br />indicated above, if approved, would <br />reduce this existing cap. <br />102,741 sq. ft. 100,000 sq. ft. The cap remaining is more than the <br />total cap because this is a net value <br />of what has been demolished and <br />approved. <br />
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