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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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Attachment 2 <br />Total and Net New Office and Retail Square Footage <br />Proposed <br />SF <br />Fee (per SF) <br />Total Fee Due to City <br />Net New Office <br />244,430 <br />$23.62 <br />$5,773,437 <br />City <br />(14,940) <br />Community <br />Office and <br />Utility <br />Total Gross <br />Building Areas <br />$5,773,437 <br />Retail <br />Storage <br />Art Room <br />Circulation <br />Rooms <br />Area <br />by Use and Floor <br />1St Floor <br />715 <br />10,060 <br />1,000 <br />16,970 <br />6,130 <br />34,875 <br />2"d Floor <br />3,590 <br />3,590 <br />3r6 Floor <br />57,140 <br />57,140 <br />4th Floor <br />41,535 <br />41,535 <br />5" Floor <br />41,535 <br />41,535 <br />6" Floor <br />41,535 <br />41,535 <br />7th Floor <br />35,995 <br />35,995 <br />Total Proposed <br />715 <br />1,000 <br />Building Area <br />10,060 <br />238,300 <br />6,130 <br />256,205 <br />Demolition of <br />2 5,000 <br />25,000 <br />Existing Area <br />Net New Area <br />715 <br />(14,940) <br />1,000 <br />238,300 <br />6,130 <br />231,205 <br />Affordable Housing Impact Fee Calculation <br />*The code also allows for alternatives to this fee. As detailed in Section 29.8 (Alternatives) for <br />nonresidential developments, the City has determined a number and mix of affordable units per <br />8 <br />ATTY/AGR/2024.193.1— AFFORDABLE HOUSING LAND DONATION AGREEMENT- EXHIBIT B - AFFORDABLE HOUSING PLAN <br />REV: 10-22-24 VR Page 8 of 48 <br />SF <br />Fee (per SF) <br />Total Fee Due to City <br />Net New Office <br />244,430 <br />$23.62 <br />$5,773,437 <br />Net New Retail <br />(14,940) <br />$5.91 <br />$0 <br />TOTAL: <br />$5,773,437 <br />*The code also allows for alternatives to this fee. As detailed in Section 29.8 (Alternatives) for <br />nonresidential developments, the City has determined a number and mix of affordable units per <br />8 <br />ATTY/AGR/2024.193.1— AFFORDABLE HOUSING LAND DONATION AGREEMENT- EXHIBIT B - AFFORDABLE HOUSING PLAN <br />REV: 10-22-24 VR Page 8 of 48 <br />
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