Agda Pkt 2025.12.08 Joint SA PFA

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Page 6 of 8 City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org Program BE7; Access to Residential Waterfront Neighborhoods. Continue to pursue an extension of Blomquist Street to link the bayfront over Redwood Creek, Goal BE-10; Encourage the development of pedestrian- and water-oriented mixed-use communities that provide public accessibility to the Bay in Waterfront Neighborhoods, Policy BE-10.1; require waterfront neighborhoods provide public access along water edges to public open spaces and trails and to vista points, as integral parts of neighborhood development, Policy BE-10.7; improve pedestrian, bicycle, transit and automobile linkages between bayfront and areas west of US 101, and Policy BE-12.2; Encourage the replacement of older low-scale, auto-oriented development with well-designed new projects that offer pedestrian orientation, higher densities with more efficient use of land, and continued productive economic value. The Project continues to be consistent with the General Plan in that it would develop residential buildings within the permitted density and would activate the creek side frontage with multiple access points and Bay Trail improvements. EQUITY IMPACT STATEMENT The project was approved in 2018, prior to the City’s adopted Strategic Priorities that included the integration of equity objectives within project development review. However, this development achieves important goals of addressing equity needs to the immediate area. The project introduces much needed housing within a transitioning waterfront neighborhood. Through the adopted Development Agreement, the project is required to pay housing impact fees to the City for the purpose of developing affordable housing. These fees will increase economic opportunities for residents who are low, and very low income. Furthermore, the Development Agreement ensures several community benefits directly to the local area through public access improvements to the shoreline and creek, including the Bay Trail Improvements, the waterfront park, and vehicular parking for the public, as well as substantial traffic safety improvements from the Blomquist Street Extension. Importantly, completion of the Bloomquist Extension is critical to future desired plans to facilitate development of an affordable housing project at 1580 Maple and to allow access across Redwood Creek. 1548 Maple Street is in a low resource opportunity area according to the Tax Credit Allocation Committee / Housing and Community Development (TCAC/HCD) opportunity map. This means that it scores above the median for at least three out of nine economic and educational indicators linked with economic opportunity and environmental quality of life. Regionally, Redwood City and San Mateo County have many education options and employment opportunities that are good quality. 9.C. - Page 6 of 56 550