Res07 14829 - Laserfiche WebLink

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12/17/2007 · Create a mixed use residential-office-retail project that responds to perceived future market demands for more residential purchase and office lease opportunities in the Mid-Peninsula, convenient to an existing downtown, a major interregional transit corridor, and local job centers; . Provide primarily residential uses, with complementary commercial, retail, and other community-serving uses; · Create the project as a high-quality Bayfront development providing a variety of housing options in order to address the Peninsula's housing shortage, which currently prices many city and county employees out of the area; · Create a community that invites and encourages residents and the general public to enjoy the San Francisco Bay and the Bair Island Wildlife Refuge through new public access and community-serving amenities such as restaurants, offices, retail, community centers, and overlooks; and · Create a waterfront project that provides access to San Francisco Bay for residents and the public via integrated walkways, internal waterways, and marinas. Based on the foregoing and the discussion in Section 17.1 of the FEIR, the City finds that, on balance, the Project provides substantially greater public benefits than the No Project Alternative and that the No Project Alternative is not a feasible alternative to the Project. B. Buildout Under Existina General Plan And Zonina - Maximum Residential Plus Commercial (Alternative 2) Description: Alternative 2 assumes that the Initial Project site would be developed with the maximum number of residential units permissible under existing General Plan and zoning provisions for the site. Under Alternative 2, the Pete's Harbor portion of the site would be developed exclusively with residential uses at the maximum allowable residential density of 40 dwelling units per net acre, for a total of 462 residential units. The Peninsula Marina portion of the site would be developed with office and general retail uses only for a total of approximately 898,000 square feet of commercial floor area, including approximately 20,000 square feet of retail-restaurant floor area and 878,000 square feet of office floor area. Findings: Alternative 2 would substantially reduce the environmental impacts of the Initial Project in the areas of land use, visual factors, biological resources, infrastructure and public services, soils and geology, public health and safety, noise, and cultural and historic resources. In all of these areas, however, Alternative 2 would still have significant environmental impacts requiring mitigation. In the area of transportation and circulation, the environmental impacts of Alternative 2 would actually be slightly increased over those of the proposed Project. Impacts in the areas of hydrology and water quality and air quality would be similar to those associated with the Initial Project. With respect to population, housing and employment, Alternative 2 would contribute substantially to the existing citywide imbalance between residents and jobs, resulting in increased in-commuting. Alternative 2, which would produce 76 percent fewer residential units than the Initial Project, would not attain the Project Atty/Reso/Reso.1772 121707 46 14829 Muff# 613