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7.A. - Page 20 of 41 _ <br />Existing conditions at Sequoia Station <br />DOWNTOWN PRECISE PLAN - TRANSIT SUB -AREA <br />We believe there is a greater opportunity to create a forward-looking, transit -rich planning area <br />under the Downtown Precise Plan that includes not only Sequoia Station but also key adjacent <br />properties. These key sites include two properties owned by Caltrain/ Joint Powers Authority (the <br />1.6 -acre Transit Center and the 2.4 -acre Perry Lot), and two adjacent parcels (0.4 acres) that <br />includes the privately owned A-1 Party Rental store (parcel under discussion). Combined, these <br />parcels create a Transit Sub -Area of the Downtown Precise Plan that warrants comprehensive <br />planning that is uniquely focused on transit -oriented uses. This new Transit Sub -Area will guide <br />development on the parcels within it and will allow individual property owners to proceed at their <br />own pace. <br />---------------------------------------- <br />r 4r <br />ro �a <br />Y <br />rw ` `♦ <br />z <br />DOWNTOWN <br />D V ENTERTAINMENT <br />r � DISTRICT <br />r3 <br />I 'V_ _l— � ... rmemmcmrim inin, i{wtuI'll nu+iun <br />I �J <br />Potential Transit Sub -Area Boundaries <br />DowHTowN aaeasE r_ah LONE i <br />_i <br />11901 Harrison Street, Suite 1430, Oakland, California 94612 510.669.5882 I www.lowe-re.com <br />214 <br />