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<br />ATTA~H"EIT <br /> <br />3 78 <br />Page 13 <br /> <br />~ .~ <br />.:::~~ '~ <br /><:-" <br /> <br /> <br />Telephone: (650) 780-7234 <br />Facsimile: (650) 780-0128 <br />IDD: (650) 780-0129 <br />Email: planning@redwoodcity.org <br />Website: www.redwoodcity.org <br /> <br />Planning Services <br />Community Development Servic~ ... <br />1017 Middlefield Road "~ <br /> <br />~~~~~ ~~, CA 940.1 ~ · <br /> <br />'\.. <br /> <br />RE:_eQUE5T FOR PROPQ$AL5 FOR A FISCAL AND ECONOMIC IMPACT ANAL YSI5 <br />FOR TttepR.QPOSED 5T A"JjP~[) UNIVERSITY PROJECT LOCATED IN THE CITY OF <br />REDWOOD CITY <br /> <br />.f, <br />"$" <br /> <br />'".' ...... <br />. ---.. <br />.. ,," <br />.. .... <br />... ... <br />......'tc)~~;~t!lJ1f9rd University Project ("The Project") <br /> <br />The StanfofdUhiversity project proposes to occupy a 35-acre portion of a larger 48-acre (former <br />Mi(I.,.Point Technology Park) campus that is bisected by Broadway and generally bounded by <br />Hi9hW~~.J101, Douglas Avenue, Bay Road and Second Avenue. <br /> <br />Existing campus properties not induded in the Stanford University proposal, but that would be <br />included in an overall Stanford University Precise Plan, include: <br />. 420, 430, 440 & 450 Broadway- Approved 11-acre, 360,000 square foot Stanford <br />Medical Outpatient Center <br />. 550 Broadway- Existing 2.29-acre, 67,000 square foot Genentech-owned server farm <br /> <br />Stanford University has submitted a conceptual design plan for the 35 acre project site that calls <br />for the demolition of 537,000 square feet of existing office R&D space that is proposed for <br />replacement, in multiple phases, with Stanford University administrative office uses (75% to <br />80%), research and development uses (10% to 15%), and medical dinic uses (10% to 15%). <br />Common support uses (Le. cafeteria. childcare care center, fitness center and other employee <br />amenities) would occupy up to 80,000 square feet of space. The project also proposes an onsite <br />storm water retention system and a pedestrian greenway that would run through the center of <br />the campus. <br /> <br />The concept plan proposes a floor area ratio (FAR) of 1.0, which would result in up to 1.525,000 <br />square feet of building space in up to 12 commercial buildings requiring up to five (5) parking <br />structures that would contain approximately 5,140 parking spaces. Refer to attached concept <br />plan. <br /> <br />Adjacent Land Uses <br />The site has historically been used for light industrial research and development purposes and <br />is located adjacent to Highway 101 (east), the low-density Friendly Acres residential <br />neighborhood (south) and (unincorporated County and City) industrial districts with one to two- <br />story industrial land uses (west and north). <br /> <br />General Plan and Zoning Compliance <br />