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AgdaPkt 2021.02.08 Joint SA PFA
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AgdaPkt 2021.02.08 Joint SA PFA
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Last modified
2/11/2021 4:35:44 PM
Creation date
2/4/2021 4:26:17 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
2/8/2021
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A Los Angeles developer wants to tear down Sequoia Station and <br />rebuild it with 6 separate blocks of development, up to 12 stories <br />high. This project proposes 1.25 million square feet of office space. <br />That means 4,000- 6,250 new office workers. But the project will only <br />have 475-640 housing units -- not enough to accommodate the office <br />workers or the service workers our community will need to service the <br />occupants. <br />Tell City Council to require a balanced project with at least 50% housing at <br />Sequoia Station! <br />More details about the current project: <br />• Proposes 1.25M sq ft of office space (almost equal to the <br />Salesforce Tower in SF) <br />• Brings 4,000 - 6,250 office workers to Sequoia Station' <br />• Includes a max of 640 total housing units, up to only 240 of <br />which will be affordable <br />• Does not meet the demand of 1,000+ market rate and 1,000+ <br />affordable housing units the project will create according to <br />Redwood City's Nexus Study" <br />• Proposes 3,000+ parking spots, accepting that the majority of <br />workers will not take public transportation <br />Additional information and resources: <br />
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