AgdaPkt 2014-03-24 Closed and Regular

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8.A. - Page 268 Pete's Harbor airy or rceawooa i,i y Revised EIR Addendum January 22, 2014 Page 3-27 3.4 TRANSPORTATION AND CIRCULATION The relationships of the current Pete's Harbor project to the previously certified 2003 EIR transportation and circulation impact and mitigation conclusions are described in this section. In order to accurately compare the 2003 EIR project traffic forecasts with those for the current Pete's Harbor project and integrate current traffic circumstances into this EIR Addendum, the following assumptions and data are reflected in this updated analysis: • The Peninsula Marina (now One Marina) property is no longer part of the current project; it is already under construction and partially occupied. This component of the previous Marina Shores Village project--in a reduced form--was the subject of the Addendum to the 2003 Environmental Impact Report for the Marina Shores Village Project: Peninsula Park Project (October 2007). Subsequent to approval of the 2007 Addendum, the One Marina project was further reduced to include 231 residential units instead of the 796 units evaluated in the 2007 Addendum. However, the same Mitigation Monitoring and Reporting Program (MMRP) adopted by the City for the Peninsula Park project was incorporated into the Conditions of Approval for the reduced One Marina project (General Condition #3). • Regarding the residential components of the various past and present proposals, the 2003 EIR evaluated a proposal totaling 1,930 multifamily residential units on two non-contiguous properties (Peninsula Marina and Pete's Harbor). The 2007 Addendum evaluated 796 multifamily units on one of those properties (Peninsula Marina/Peninsula Park, now One Marina). Currently, a total of 660 multifamily units are either under construction/ occupied (One Marina = 249 units)' or proposed (Pete's Harbor = 411 units) on the two properties. • Both the One Marina and proposed Pete's Harbor projects are accessed solely from the intersection of East Bayshore Road and Bair Island Road. • In the 2003 EIR, 633 residential units were assumed for the Pete's Harbor property as part of the overall Marina Shores Village project. The cumulative traffic analysis completed for the 2007 Addendum incorporated the anticipated future buildout assumptions for the Pete's Harbor property, assuming that an estimated 412 multifamily dwelling units could eventually be developed at Pete's Harbor in accordance with the property's then General Plan designation of Mixed Use (Commercial and Residential) and zoning designation of CG-R-- General Commercial-Residential Combining. The current Pete's Harbor project proposes 411 multifamily units, consistent with the new General Plan and existing zoning. • Cumulative development potential in the area today (2014) is less than what it was in either 2003 or 2007, when the previous two CEQA documents related to Marina Shores Village were prepared. City staff reviewed areawide cumulative development potential evaluated in the 2003 EIR and in the 2007 Addendum and compared it with current (2014) cumulative development potential, including the reductions in both the Peninsula Marina/Peninsula Park and Pete's Harbor projects. Staff concluded that overall cumulative development potential areawide is less than 2003 or 2007, including the addition of the recent "640 Veterans Boulevard" multifamily residential project and its contribution to the cumulative traffic impact at the intersection of Veterans Boulevard and Whipple Avenue. Therefore, many cumulative 'The One Marina project is currently approved for 249 units. This total has been incorporated into this Addendum analysis. T.110695 Pete's Harbor EIR Addendumlrevised addendum no 213(10695-01).doc