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5.A. - Page 129 of 302
<br />RESOLUTION NO. 20-14
<br />A RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF
<br />REDWOOD CITY RECOMMENDING APPROVAL OF AN ARCHITECTURAL
<br />PERMIT, PLANNED DEVELOPMENT PERMIT, DOWNTOWN PLANNED
<br />COMMUNITY PERMIT, USE PERMIT, VESTING TENTATIVE MAP, STATE
<br />DENSITY BONUS LAW CONCESSIONS AND AN AFFORDABLE HOUSING
<br />PLAN FOR THE SOUTH MAIN MIXED-USE PROJECT LOCATED AT 1601 EL
<br />CAMINO REAL INCLUDING A SEPARATE PARCEL AT 1304 EL CAMINO REAL
<br />WHEREAS, the Applicant, Greystar ("Applicant"), submitted an application for an
<br />Architectural Permit (AP2018-05), Planned Development Permit (PD2020-02), Downtown
<br />Planned Community Permit (DPC2019-02), Use Permit (UP2018-03), Vesting Tentative Map
<br />(TM2018-02), State Density Bonus Law concessions and an Affordable Housing Plan for the South
<br />Main Mixed -Use project, including 530,000 sq. ft. of office, 540 residential units (including 147
<br />affordable units), 28,000 sq. ft. of retail (including 19,000 sq. ft. family -friendly entertainment), 8,400
<br />sq. ft. of child care and 40,000 sq. ft. of publicly -accessible open space (square footages are
<br />approximate) located between EI Camino Real, Maple, Cedar and Main streets and an offsite
<br />affordable housing development at 1304 EI Camino Real, (the "Project"), which is located within
<br />the Mixed Use Corridor — EI Camino Real Zoning District (Parcels A -B), Mixed -Use Transitional
<br />(Parcels C, D, E -North), Mixed -Use Transitional — Emergency Shelter Overlay (Parcel E -South),
<br />and Downtown Precise Plan (Parcel F); and
<br />WHEREAS, the Project includes requested density bonuses under the State Density Bonus
<br />law, namely, a 35% density bonus for Parcel A, and a 20% density bonus for Parcel D; and
<br />WHEREAS, the Project also includes requested concessions deviate from requirements
<br />set forth in certain Zoning Districts (specified in parentheses except as otherwise noted),
<br />namely, to increase the number of stories from 6 to 7 on Parcel A (MUC-ECR), redistribute the
<br />uses between Parcels A and B (MUC-ECR) and between C through E (MUT), reduce the
<br />parking ratio from 0.5 space per unit to 0.3 spaces per unit for the 38 affordable units on Parcel
<br />F (pursuant to the State Density Bonus Law), and reduce the side yard setback along Jackson
<br />Street from 5 ft. to 2 ft. (DTPP) per State Density Bonus law and the City's Density Bonus
<br />Ordinance (Section 32.19). In addition, the Project would increase the DTPP maximum height
<br />from 4 to 6 stories and from 46 ft. to 66 ft. on Parcel F pursuant to the State Density Bonus
<br />Law and ABI 763; and
<br />WHEREAS, the Project includes a reduced parking ratio of 0.5 spaces per bedroom for
<br />Parcel A and Parcel D (pursuant to the State Density Bonus Law), as the Project satisfies the
<br />maximum percentage of low-income units pursuant to Government Code Section 65915(f)(1),
<br />and is located within one-half mile, with unobstructed access, to the Redwood City Caltrain
<br />station; and
<br />WHEREAS, the Project includes a requested bonus height as allowed by Section 53.7 of
<br />the Zoning Ordinance; and
<br />ATTY/RESO.0125/PC RESO SOUTH MAIN MIXED USE PROJECT— ENTITLEMENT
<br />REV: 10-27-2020 PR
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