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41`01� <br />SILICON VALLEY <br />LEADERSHIP <br />2001 Gatite 101 E <br />Seway Place, Jose,California <br />anJa 95110 <br />November 6, 2020 <br />(408)501-7864 svlg.org <br />CARL GUARDINO <br />President & CEO <br />Mayor Howard and Councilmembers <br />Board Officers: <br />STEVE MILLIGAN.IGANChair <br />1017 Middlefield Road <br />Western Digital Corporation <br />JAMES GUTIERREZ, Vice Chair <br />Redwood City, CA 95063 <br />Aura <br />RAQUEL GONZALEZ. Treasurer <br />Bank of America <br />GREG BECKER, Former Chair <br />Silicon Valley Bank <br />RE: Support for South Main Mixed -Use Development by Greystar Development <br />STEVE BERGLUND, Former Chair <br />Trimble Inc. <br />AART DE GEUS, Former Chair <br />Synopsys <br />TOM WERNER, Former Chair <br />Dear Mayor Howard, Vice Mayor Masur, and Honorable Councilmembers <br />SunPower <br />Aguirre, Bain, Borgens, Hale, and Reddy, <br />Board Members: <br />BOBBYBELL <br />KLA <br />DAWNET BEVERLEY <br />Donnelley Financial Solutions <br />On behalf of the member companies of the Silicon Valley Leadership Group, we <br />CARLA BORAGNO <br />Genentech <br />express support for the South Main Mixed -Use development proposed by <br />CHRIS BOYD <br />Permanente <br />Greystar Development. The Leadership Group is to <br />RA <br />MI <br />RAMI BRANITZKY <br />excited support more <br />Sapphires <br />JOE BURTON <br />housing, both market rate and affordable, for Redwood City at a time when <br />Poly <br />LISA DANIELS <br />new, high-quality apartments are in limited supply. <br />KPMG <br />TOM FALLON <br />Infihers <br />VINTAGE FOSTER <br />AMF Media Group <br />The Silicon Valley Leadership Group was founded in 1978 by David Packard, Co - <br />JOHN GAUDER <br />Founder of Hewlett Packard. Today, the Leadership Group is driven by more <br />KEN GOLDMAN <br />Hillsore DOUG GRAHHAMAM <br />than 350 member companies to proactively tackle issues to improve our <br />Lockheed Marlin <br />LAURA GUIO <br />communities and strengthen our economy, with a focus on education, energy, <br />IBM <br />STEFAN HECK <br />the environment, health care, housing, tax tech & innovation and <br />Nauto <br />policy, policy <br />ROBERT HOFFMAN <br />Accenture <br />transportation. Among the top concerns of our members is a need for high <br />ERIC HOUSER <br />Wells Fargo Bank <br />quality and affordable housing here in the Bay Area. <br />JULIA HU <br />Lark <br />VICKI HUFF ECKERT <br />"' <br />AIDAN HUGHES <br />At a time when the Bay Area is in a dire housing crisis, dense housing on scarce <br />AR" <br />MARYHUSS <br />land is one of the most effective solutions we have. We are excited that this 540- <br />SVBJISF Business Times <br />MICHAEL ISIP <br />development includes rental with 27.20 the to <br />unit units of apartments available <br />R"QNDA J°"ATS" <br />extremely low, very low, low and moderate income households and significantly <br />TRAVIS KIYOTA <br />East West Bank <br />exceeding the City's inclusionary ordinance. Collaboration between Greystar <br />IBI KRUKUBO <br />the City has in impact fees from this <br />ERICKUTCHER <br />and resulted a unique agreement - project <br />McKinsey & Company <br />BRENT LAD <br />NTLAD <br />have been leveraged to directly create 39 below market rate units in a 100% <br />Stryker <br />JANETLAMKIN <br />affordable building at nearby 1304 EI Camino Real, for a total of 147 affordable <br />United Airlines <br />ENRIQUELORES <br />homes. <br />HP Inc. <br />ALAN LOWE <br />Lumentum <br />MATTMAHAN <br />Brigade <br />We are pleased to see that this development will bring not only housing and <br />TARKAN MANER <br />BEN MINICUCCI <br />jobs, but other amenities to Redwood City, such as family -friendly parks and <br />KATHLEENMLIRRAY <br />public spaces, improved bicycle and pedestrian circulation, and a public <br />SAP <br />BILL NAGEL <br />childcare facility. Additionally, this development is convenient to transit, <br />San Francisco Chronicle <br />public <br />STACYOWEN <br />NBC Universal <br />located a half -mile from the Redwood City Caltrain Station and with frequent <br />MARY PAPAZIAN <br />San Jose State University <br />buses along EI Camino Real. Greystar Development is pursuing LEED Silver <br />JES PEDERSEN <br />Webpor <br />certification for the office component, and an equivalent rating for the <br />KIM POLESE <br />ClearStreet <br />RYAN POPPLE <br />residential buildings. This site is also well -located to retail and amenities such as <br />Proters <br />RUDYREYES <br />multiple grocery stores, parks, and Downtown Redwood City. <br />Verizon <br />SHARON RYAN <br />Bay Area News Group <br />YBA <br />TSa Jose <br />Regional Medical Centerr San Jose <br />The Leadership Group is focused on supporting housing and mixed-use <br />JEFF THOMAS <br />developments like the one being considered - housing and jobs near public <br />JEDNasdaq <br />YORK <br />San Francisco 49ers <br />transit residents workers to walk, bike take transit, reducing <br />ERIC YUAN <br />encourages and and <br />Established in 1978 by <br />greenhouse gas emissions and traffic congestion for everyone. <br />David Packard <br />