AgdaPkt 2012-12-03 - Laserfiche WebLink

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8.A. - Page 1 RE PO RT To the Honorable Mayor and City Council From the Cit Mana er December 3, 2012 SUBJECT Update on Downtown Projects RECOMMENDATION Accept the report on Downtown Projects. BACKGROUND Implementation of the Downtown Precise Plan began in the summer of 2012 with the first permit for development at 201 Marshall Street. This construction project joined the in-progress Kaiser Hospital project in foreshadowing the impacts of construction on Downtown life. Since then a number of projects are also underway, with more projects permitted and in the Planning pipeline. The purpose of this report is to provide an update on the status of these projects, to talk about lessons learned during these early days of development, and to look forward to the next three to five years of construction in the Downtown. ANALYSIS The attached map shows the location of the projects in the Downtown that are either under construction, permitted to move forward, or under consideration. Presently, the only projects under construction are the 201 Marshall Street housing project, Kaiser Hospital, and the Redwood Creek Culvert relocation. Projects submitted include housing projects at 490 Winslow Street and 145 Monroe Street. Projects in the pipeline or anticipated to be shortly include a housing development on the San Mateo Credit Union block (Veterans/Middlefield/Bradford/Jefferson), the properties located on the block bounded by Main Street, Bradford Street, Walnut Street, and Marshall Street, the Block 2 (Middlefield Parking Lot) Redwood Tower office project, and potentially housing on the City-owned parking lot at Winslow Street and Hamilton Street. The housing projects identified above provide approximately 1,000 units of new housing to the Downtown. The Downtown Precise Plan anticipated 2,500 units as part of the environmental analysis. This housing will be under construction and coming on line, assuming the projects are approved and stay on course, between the summer of 2013 and the end of 2015. The implications of this are two-fold. First, it is clear that at this pace additional environmental review will be required to enable the permitting of additional units sometime before the end of 2013. Second, that after 2015 there will be a significantly larger residential constituency in the Downtown with new expectations for outreach and construction-related impacts.