|
11/16/2020
<br />RESOLUTION NO. 15908
<br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY
<br />APPROVING AN ARCHITECTURAL PERMIT, PLANNED DEVELOPMENT
<br />PERMIT, DOWNTOWN PLANNED COMMUNITY PERMIT, USE PERMIT,
<br />VESTING TENTATIVE MAP, STATE DENSITY BONUS LAW BONUSES,
<br />CONCESSIONS, AND PARKING RATIOS, 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 bonuses, concessions, and parking ratios, and an
<br />Affordable Housing Plan for the South Main Mixed -Use project, including 530,000 sq. ft. of office,
<br />540 residential units (including 147 affordable units), 28,000 sq. ft. of retail (including 19,000 sq. ft.
<br />family -friendly entertainment), 8,400 sq. ft. of child care and 40,000 sq. ft. of publicly -accessible open
<br />space (square footages are approximate) located between EI Camino Real, Maple, Cedar and
<br />Main streets and an offsite affordable housing development at 1304 EI Camino Real, (the "Project"),
<br />which is located within the Mixed Use Corridor — EI Camino Real Zoning District (Parcels A-
<br />B), Mixed -Use Transitional (Parcels C, D, E -North), Mixed -Use Transitional — Emergency Shelter
<br />Overlay (Parcel E -South), and Downtown Precise Plan (Parcel F); and
<br />WHEREAS, the Project includes requested density bonuses and concessions under the State
<br />Density Bonus law; and
<br />WHEREAS, for Parcel A, the Project qualifies for up to a 35% density bonus and two
<br />concessions as it provides 20% of the base units at the low-income level. The applicant has
<br />requested the 35% density bonus and two concessions, namely (1) and increased height from 6
<br />stories to 7 stories, with the project meeting the existing maximum bonus height of 85 feet, and (2)
<br />redistributed uses between Parcels A and B in order to construct one residential building. Residential
<br />uses would be consolidated on Parcel A, and office uses would be consolidated on Parcel B; and
<br />WHEREAS, for Parcel D, the Project qualifies for up to a 20% density bonus and one
<br />concession as it provides 10% of the base units at the low-income level. The applicant has requested
<br />the 20% density bonus and one concession, namely redistributed uses between Parcels C, D and E
<br />in order to construct one residential building. Residential uses would be consolidated on Parcel D,
<br />and office uses would be consolidated on Parcels C and E; and
<br />WHEREAS, for Parcel F, the Project qualifies for up to a 35% density bonus and four (4)
<br />concessions as it provides 100% of the units at the low-income level. The proposal is 100%
<br />affordable; however, the applicant has not requested a density bonus as there is no maximum
<br />density in the DTPP zoning. The applicant requests two concessions, namely (1) a reduced parking
<br />ratio from 0.5 space per unit to 0.3 spaces per unit, and (2) a reduced side setback on Jackson
<br />Avenue from 5 feet to 2 feet. In addition, the maximum height of the Project on Parcel F would
<br />ATTY/RESO.0125/PC RESO SOUTH MAIN MIXED USE PROJECT—ENTITLEMENT RESO. NO. 15908
<br />REV: 11-03-2020 PR MUFF NO. 601
<br />Page 1 of 38
<br />
|