AgdaPkt 2013-04-08 - Laserfiche WebLink

Browse Search

9.A. - Page 9 As indicated in Table 2 below there were few building permits issued for new housing unit construction from 2007-2009 likely due to the housing market crash and sluggish economy. Between 2010-2011, the housing market began to show some signs of recovery. In 2012, Building Permits were issued for four large-scale residential projects: 640 Veterans Boulevard (264 units), 2580 EI Camino Real (141 units), 201 Marshall Street (116 units), and 333 Main Street (132 units). The first two projects are located in areas newly designated Mixed Use- Corridor by the new General Plan. The other two projects are located in and near the Downtown District. In addition, a 100% affordable (15 very-low income units), downtown housing project, 104 Cedar Street, also received final building permit approval in May 2012. The phased One Marina Precise Plan Project also continues to receive residential building permits. Refer to Attachment 1. Table 2 Progress toward RHNA Allocation: Redwood City Building Permits Issued in 2012 2�� Building Building Income RHNA 2QQ9 Permits Permits Remaining Group Credits Issued for Issued for Balance 201Q11 2012 Very low 422 68 0 14 340 Low 304 1 55 26 222 Moderate 358 17 19 36 286 Above 772 31 204 709 0 Moderate Total 1,856 117 278 785 848 In addition to the housing units that received building permits as provided above, Redwood City received a number of new housing development applications in the later part of 2012 and early 2013 that are in plan review and that will likely receive building permits in 2013 and/or 2014. These housing developments include: 145 Monroe Street (305 rental units), 525 Middlefield Road (471 rental units), 490 Winslow Street (66 rental units), 1240 Hopkins Avenue (19 condo units), 2808 EI Camino Real (45 assisted living units), and 1 Uccelli Blvd. (411 condo units). Progress in Removal of Governmental Constraints Actions by the City can have an impact on the price and availability of housing in the community. Land use controls, fees, and building codes, while necessary, can all potentially constrain housing development. Redwood City strives to reduce governmental constraints, and provided significant new development opportunities with the adoption of the new General Plan, which allows mixed-use development in a variety of locations throughout the City and increases allowable residential densities. To implement the new General Plan, Redwood City is almost completely replacing its existing zoning with new and innovative land use controls. By so doing, the City is "jump starting" the implementation of several new housing programs with the objective of creating more housing in and near the Downtown District/Caltrain Station, along and near major transportation corridors and in eastern Redwood City on/near Bair Island Road.