AgdaPkt 2020-02-24 Joint SA PFA - Laserfiche WebLink

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7.A. - Page 21 of 41 _ AMN't Redwood City Council has the opportunity to initiate a General Plan Amendment to create a Transit Sub -Area under the Downtown Precise Plan. Lowe is prepared to move forward with a site-specific request for Sequoia Station and work with the City on the creation of a broader Transit Sub -Area that includes the other sub -area properties. Lowe has agreed to fund the exploration of such a Transit Sub -Area including the cost of compliance with the California Environmental Quality Act (CEQA). Consideration and exploration of a Transit Sub -Area would combine the vision of the Downtown Precise Plan and the EI Camino Corridor Plan through the creation of transit -oriented development on sites around these local and regional transportation hubs. PUBLIC INPUT This General Plan Initiation Request does not include detailed site plans, design or land planning. This is intentional as the General Plan Initiation Request is only the beginning of what would be a thorough development and environmental review process for the Transit Sub -Area and Sequoia Station. Public outreach has been, and will be, a critical component of this process. In the summer of 2019, Lowe presented to several neighborhood associations, Redwood City business groups, Arts Redwood City, and had numerous individual meetings with community residents and stakeholders. Lowe also hosted a Community Open House which had over 150 attendees. At every meeting or event, Lowe presented the concepts for Sequoia Station and a Transit Sub -Area, asking for input and feedback. This approach reflects the company's philosophy that public input is invaluable to the success of a project. This open-door and community -driven policy of robust community outreach will continue throughout the entitlement process. Because this process is just beginning, the plans submitted as part of this request focus on broader land -use policies to be considered, and reflect comments and concerns raised by neighbors not only for the existing Sequoia Station, but also their ideas on community benefits. During the outreach conducted to date, affordable housing has been identified as a critical component to any development plan. For this reason, Lowe has brought on affordable housing developer Eden Housing to work with them on the feasibility of 11901 Harrison Street, Suite 1430, Oakland, California 94612 510.669.5882 www.lowe-re.com 215