AgdaPkt 2007-12-17 - Laserfiche WebLink

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7C Genera[ Plan was amended and the land use designation was changed to Page 7 Office/Commercial — Mixed Use (Commercial and Residential}. As indica#ed above, this portion of the MSV project was not subject to the voter referendum; therefore, the Peninsula Park project is consisten# with the current General Plan designation of Office/Commercial — Mixed Use Residential. The Land Use element of the General Plan lists the first objective as "protect the integrity of existing single-family areas, and encourage home ownership in new development." As proposed, the Peninsula Park projec# achieves this objective by incorporating 796 ownership units on an existing urban infill site. By developing on an urban infill site the project would serve as an anchor for an emerging mixed use neighborhood with a variety of multi-family housing options; thereby accommodating much needed housing �hile allowing for the preservation of existing single-family residential neighborhoods. The Peninsula Park project also addresses several of the Land Use Policies established in the General P�an. Poli�y L-1 states "residentia! develo�msnt �ho�.�ld be located only where services and facilities can be provided." As part of the DA the City and project developer have set the terms and parameters for issues such as infrastructure planning, which wauld incfude roadway improvements, pedestrian and bicycle access improvements, water and sewer service, recycled water service, wastewater service, and storm drain provisions. Policy L-3 states "higher residential densities should be promoted at locations near or within commercial and financial centers, employment centers, and transportation terminais." The Peninsula Park site is an infill development site located east of U.S. Highway 101 and within clase proximity to Redwood City's Downtown to the west, and employmen# centers such as Seapart Center and Pacific Shores to the south and east, respectively. Addifionally, the project will incorporate the use of a shuttle and a pedestrian/bicycle underpass (under U.S. Highway 101) connecting residents to the Downtpwn and Redwood City's transit center (i.e. Caltrain and Samtrans}. Policy L-4 states "corrmercial land should be distributed in a manner that maximizes community accessibility to a variety of retail commercial outlets and services and minimizes the need for automobile travel." As proposed, the Peninsula Park project will incorporate 1 J,QOQ — 12,000 square feet ofi sPniice retail for existing and new residents of #his emerging neighborhaod. The retail would be comprised of a 2,500 square foot high quality restaurant and 7,500 square feet of convenience refiai[, such as a coffee shop, convenience grocery, dry ciean�rs, e�c. Policy L-11 stafies "park land should be provided in quan#ity and locations so as to be availabie far the use of all Redwood City residents equally." The Peninsula Park project provides a 2 acre community park adjacent to Bair Island Road that is accessible to the public. In addition to the community park the project also includes an outer esplanade that provides waterfront access to Redwood Creek, an inner esplanade that provides waterfront access to the Peninsula Park marina and canals, and two overlook parks located o� either side of the marina entrance. 7