Res99 RD-99-21 - Laserfiche WebLink

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the merits of the Franklin Street Area Plan in light of the significant and unavoidable population impacts during the approval process for the Plan. The proposed Project will not include any changes in the previously evaluated redevelopment activities that will cause any new significant population or housing effects or substantial increases in the severity of previously identified effects. The proposed Project will include fewer residential units (506 vs. 527) than identified in the Franklin Street Area Plan and will construct less than 6 percent of the commercial development anticipated in the Second Amendment area. For this reason, the incremental population and housing impacts of the proposed Project are not considered significant. Although significant and unavoidable population impacts were identified in the Franklin Street Area Plan EIR, the Redevelopment Agency Board finds that changes or alterations have been incorporated into the Project which mitigate or avoid the significant population and housing impacts to a point where clearly no significant environmental effect would occur, and there is no substantial evidence in light of the whole record before the Redevelopment Agency Board that the Project, as revised, may have a significant environmental effect. Facts in Support of Finding The City has adopted Mitigation Measure 4D-l, identified on page 4D-7 of the Redevelopment EIR, to ensure potential housing impacts associated with buildout of the Second Amendment area are reduced to less than significant, and Mitigation Measures 1-1 through 1-5 of the Franklin Street Area Plan, identified on page 3-34 of thc Initial Study, to reduce the severity of population and housing impacts. The proposed Project does not include any changes in the previously evaluated redevelopment activities that cause any new significant population effects or substantial increases in the severity of previously identified population effects. In addition, the mitigation measures identified above have been integrated into the Project design. The proposed Project includes the amalgamation of parcels into a larger and more functional residential building block that will include a mix of residential and commercial uses with the commercial areas located along the E1 Camino Real frontage. The Project will include a 15 percent affordable housing component that will consist of 76 affordable housing units. Vehicle access to the site will be improved by adding additional roadway connections to E1 Camino Real and Franklin Street, realigning the Maple Street approach to El Camino Real, and including land use and design features that promote alternative modes of transportation. The Project itself is a dense mixed use development, with housing located within walking distance of a major retail activity center. The Project is expected to economically benefit the downtown area and other surrounding commercial use areas. The Project's residential uses will also be compatible with the existing residential uses in the surrounding area. No incremental increase in the population and housing impacts identified in the Redevelopment FIR and the Franklin Street Area Plan EIR will occur with implementation of the Project. The Project will actually have fewer residents than identified in the Area Plan. The Area Plan indicated that 21 residential units would remain in the 17-acre site in addition to the 506 new residential units whereas the Project would only include the 506 new residential units. Implementation of the measures identified above will minimize any adverse population and housing impacts that could occur with site redevelopment. The effect of these mitigation measures will be to FRANKLIN STREET PROJECT -13- Findings RD99-21