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12/17/2007 of additional specific transit provisions and TDM measures (recommended in the City's Bayfront Study) to reduce peak period vehicular trips. Accordingly, Alternative 6 would include up to1,930 condominium residential units for sale (the same as the Initial Project), and a reduction in commercial floor area from 312,000 square feet (the Initial Project) to 175,000 square feet, including 25,000 square feet of service retail (as opposed to 12,000 square feet under the Initial Project). Alternative 6 would include more multi-story structures (seventeen resiqential buildings and one hotel"tower") than the Initial Project (thirteen towers), although the maximum residential structure height would be reduced from 260 feet to 240 feet, and the maximum height at the Peninsula Marina portion of the site would be further reduced to 205 feet. Alternative 6 would also result in less marina fill (approximately 10 acres) than the Initial Project (approximately 11.54 acres). Findings: Alternatives 4, 5 and 6 are similar in number of residential units (1930) and commercial (office) square footage (150,000 square feet). Alternative 6 contains an additional 12,500 square feet of retail space (which, under the Project Development Agreement, would have to be timely developed to permit full residential development); and allows a hotel of up to 200 rooms, which would not be included in the Initial Project, Alternative 4 or Alternative 5, as well as a number of significant design improvements. The additional retail space and development reconfiguration elements of Alternative 6 are feasible measures which significantly reduce traffic generation visual impacts., Peak traffic for the hotel will not occur at the same times as peak traffic from the rest of the Project. Therefore, inclusion of the hotel will not substantially increase potential environmental impacts. The proposed hotel will also provide significant economic development benefits to the City. The City has, therefore, determined that incorporating features of Alternative 6, with the hotel, provides the greatest feasible reduction of potential environmental impacts of any identified alternative for the Project. Both the Proposed Project and Alternative 6 set maximum Peninsula Marina Area building heights at 205 feet. However, unlike the Proposed Project, Alternative 6 also limits average building heights to 14 stories, or approximately 140 feet. This additional development standard substantially reduces the total number of housing units that can be developed and, consequently, prevents the Project from reaching fundamental housing production objectives. For this reason, Alternative 6 is not a feasible alternative to the Proposed Project. G. Reduced Residential and Increased Commercial. Plus Reduced Buildina Heiahts and Reduced Marina Fill (Alternative 7) Description: Alternative 7 assumes development of a mixed use residential- commercial complex similar to the Initial Project, but with approximately one-third fewer residential units and two-thirds more commercial floor area. Alternative 7 would include 1,300 condominium residential units for sale (as compared to 1,930 for the proposed Project) and 535,000 square feet of commercial floor area, including approximately 17,000 square feet of convenience retail. The layout for Alternative 7 includes more marina fill (10.8 acres as compared to 10 acres for the Project) and a reduction in residential building intensity and height with eleven multi-story residential structures (as compared to thirteen multi-story residential structures for the proposed Project) and a maximum building height of 205 feet as compared to 230-235 feet for the Project. Atty/Reso/Reso.1772 121707 49 14829 Muff# 613