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Agmt25 1900 Broadway Owner LLC
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Agmt25 1900 Broadway Owner LLC
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Last modified
1/22/2025 10:54:25 AM
Creation date
1/22/2025 10:50:44 AM
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Agreement
PROJECT NAME
Affordable Housing Land Donation Agreement
RMP File Number
304
Date
1/21/2025
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ATTY/AGR/2024.193.1—AFFORDABLE HOUSING LAND DONATION AGREEMENT- EXHIBIT B- AFFORDABLE HOUSING PLAN <br />REV: 10-22-24 VR Page 3 of 48 <br />Required Item <br />Information <br />4 <br />Zoning Chart <br />See Attachment 1 <br />5 <br />Type of Development <br />Mixed-use office and retail <br />6 <br />Number of Affordable <br />25. See Attachment 2 <br />Units Required <br />7 <br />Affordable Housing Impact <br />$5,773,437. See Attachment 2 <br />Fee Required <br />8 <br />Chart showing unit <br />See Attachment 8 <br />breakdown by bedroom <br />size, square footage, and <br />affordability level <br />9 <br />Compliance with <br />Except for the manager's unit, 100% of the proposed Eden <br />Affordable Housing <br />Housing Project units on the Land Donation Site will be <br />Standards <br />affordable. The affordability rental term of the affordable units <br />will be 55 years. The Eden Housing Project will comply with the <br />City's Local Preference requirement set forth in Section 29.6.F. <br />See also Attachment 3 for compliance with additional Affordable <br />Housing Ordinance requirements. <br />10 <br />Parking <br />Parking for the project will include 57 spaces. Parking is bundled <br />and included in the cost of rent paid by the resident. <br />11 <br />Site Pian <br />See Attachment 1, (off-site affordable housing project). <br />12 <br />Total (and net new) <br />244,430 total new sf. See Attachment 2 <br />commercial square footage <br />(if applicable) <br />13 <br />Total (and net new) <br />0 Not applicable to the Office Project. <br />residential square footage <br />6 Total building area of residential development on the <br />land donation site: 114,510 SF <br />• Residential: 83,260 SF <br />• Common/support for residential: 31,250 SF <br />14 <br />Density Bonus request <br />No density bonus is being requested for the Office Project; See <br />attached Density Bonus Letter for the Eden <br />ATTY/AGR/2024.193.1—AFFORDABLE HOUSING LAND DONATION AGREEMENT- EXHIBIT B- AFFORDABLE HOUSING PLAN <br />REV: 10-22-24 VR Page 3 of 48 <br />
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