AgdaPkt 2012-03-05 - Laserfiche WebLink

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8.A. - Page 2 agreement with San Mateo County for its garage on Middlefield Road, or the creation of such an agreement with Caltrain for its garage beneath Sequoia Station shopping center. It is also likely that some users can shift to the Jefferson Avenue or Marshall Street garages. Because both projects anticipate some new office development, it is anticipated that the public parking (particularly Block 2) will be replaced within the project, by ensuring that the parking for the new office uses is available to the general public at night and on the weekends. This is consistent with the cinema Parking Facilities Agreement. While the success of the project depends in part on its providing sufficient parking for its needs, it is also important to encourage minimizing the amount of overall parking as much as possible. This will have two primary benefits: it will dramatically lower construction costs, and thus will increase the City's land value; and it will increase the amount of leasable space, which will maximize the revitalizing effects of the project by putting more workers and/or residents in the heart of Downtown. One possible way to do this is to take advantage of underutilized spaces across the street in the Jefferson Garage (beneath the cinema). During the work week there is capacity in this facility at precisely the times that new office uses on Block 2 would need parking. However, taking advantage of these unused and ideally located parking spaces will require an amendment to the Parking Facilities Agreement between the City and the owners of the cinema building. Staff is currently exploring this possibility. Culvert Relocation One of the most critical issues for the successful development of the Block 2 site is the relocation of the culvert housing a tributary of Redwood Creek. The culvert cuts diagonally across the northern third of the site, thereby limiting the ability to construct subterranean parking. On December 12, 2011, the City Council authorized staff to initiate a design for the relocation of the culvert and to include the relocation and reconstruction project in the FY 2012 Capital Improvement Program. Staff is presently developing the design, which is now 30% complete. The anticipated sequence of events is as follows: • Design completion by the end of April. • Project bid in May. • Award bid in June. • Construction begins in July or August. • Completion by the spring of 2013, depending on utility relocation issues.