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AgdaPkt 2020-11-09 Joint SA PFA
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AgdaPkt 2020-11-09 Joint SA PFA
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Last modified
11/16/2020 8:53:43 AM
Creation date
11/5/2020 6:29:34 PM
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CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
11/9/2020
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GUIDING ASSUMPTIONS OF PROJECT APPLICATION <br />• Conform with existing zoning and <br />Redwood City's General Plan <br />• Maximize the production of affordable <br />housing units <br />• Deliver on the strategic initiatives of the <br />City Council: <br />- Housing <br />- Transportation <br />- Children and Youth <br />Added after 9/9/19 Council Study Session: <br />• Better balance of housing <br />• Keep community benefits <br />Redwood City <br />Project Proposes the Following <br />Priorities <br />General <br />• Conforms with existing MUT and MUC Zoning <br />O <br />and Redwood City's General Plan <br />Plan <br />• No General Plan Amendment request <br />• 540 total residential units <br />® <br />Maximize <br />•147BMR =27% <br />• 94 total 2bd & 3bd units (23 BMR) <br />1Ytin <br />Housing <br />• Density: 396 units allowed by code <br />• 1304 ECR offsite partnership with HIP Housing <br />provides supportive services <br />O <br />Transportation <br />• Execute vision of the ECR Corridor Plan <br />• Improve bike and pedestrian safety <br />• Pedestrian -focused experience on Lathrop <br />and route to Caltrain <br />• Public Child Care Center with <br />$,367 SF indoor space = 70 slots <br />Y <br />® <br />Children &Youth <br />•Infants and toddler care <br />• Greystar pays for $3M -$4M in tenant improvements <br />and offers 10-15 year lease with no rent <br />19,000 SF for family -focused retail/entertainment use <br />® Retain Main &Elm Restaurant in historical reuse <br />Retail of Perry's Feed Shed <br />• Retail at the dog park <br />• Realizes vision of ECR Corridor Plan <br />• Converted Parcel D from office to residential <br />OSeptember 2019 . +249 residential units (from 291 to 540) <br />Study Session • Increase in 31bd units (23 in total) <br />Changes <br />• Reduced office by 20,000 SF <br />• Over 1 acre of combined open spaces <br />• Preserve historic Perry's Feed Shed <br />Open •Create public open space around shed and <br />40 Space close Shasta Avenue stub <br />• Multi -use path from ECR to Lathrop and <br />community garden <br />2 <br />
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