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ATTACNMENT �i <br /> • Alternative 4: Revised MAD caps <br /> - Residential remains at 2,500 units <br /> - Office cap increased to 500,000 square feet <br /> - Retail cap reduced to 100,000 square feet <br /> - Lodging cap remains at 200 rooms , <br /> • ALTERNATIVE 3 <br /> • Alternative 3: Reduced Building Heights <br /> - 10 and 12-story zones eliminated, replaced by 8 story zone. � <br /> • ALTERNATIVE 5 , <br /> • Alternative 5: Revised Historic Regulations '�� <br /> - Disallow attached additions to the most sensitive resources. ' <br /> - Preserve all historic exterior walls, not just character-defining facades. <br /> - Encourage preservation of historic interior spaces whenever possible. <br /> - Keep additions as low as possible. <br /> - Review addition setbacks. <br /> - Utilize a well-defined project review process for consideration of <br /> exceptions to the above provisions. <br /> • COMBINING ALTERNATIVES <br /> • STAFF RECOMMENDATION <br /> • ALTERNATIVES: <br /> STAFF RECOMMENDATION <br /> • Staff recommends adoption of both Alternatives 4 and 5. I, <br /> - Alternative 4 best responds to current and foreseeable market trends. � <br /> Demand for retail is weak, demand for office space is growing. Additional <br /> office workers can help support existing retail businesses. <br /> Environmentally superior to Project. <br /> - Alternative 5 strongly addresses historic preservation concerns brought <br /> forth in the lawsuit and preserves what is unique and speciai about � <br /> Downtown, while still allowing for some sensitive expansions and <br /> adaptive reuse. Also environmentally superior to Project. <br /> Jill Ekas, Housing and Economic Development Director, updated the Commission with <br /> positive dialogue they are having with Safeway as well as Regency (the property owner I <br /> for Sequoia Station). She stated that their focus is on the Applicability section of the <br /> Downtown Precise Plan and careful consideration with respect to existing plan <br /> developments - Sequoia Station and Franklin Street Apartments. She proposed an <br /> addition to the Staff recommendation that in addition to what they added with respect to <br /> properties with valid plan development permits, they also acknowledge that in those <br /> cases development with a valid plan development permit is conforming in terms of its <br /> structures. She noted that the threshold of 30 percent with respect to applicability for <br /> working with the structures and developments under the plan development permits that <br /> are existing could be raised to 35 percent. She stated that some fine tuning needs to be <br /> done to specifically conform how they address plan developments with the zoning code <br /> itself. She explained that Article 46 of the Zoning Ordinance covers plan development, <br /> and Article 26 is the zoning district that applies to the property, and the R5 is the zoning I <br /> Page 4 of 13 ', <br />