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reasonable investor will strive to increase cash flow and the current building would not provide <br />that return. <br /> <br />The North end of Santa Ana is a great community. We desire strong businesses to be located here. <br />We desire to have a nice grocery store like a Trader Joe's. If we desire those things, unfortunately, <br />it can be said that additional high income residents will strengthen the case for a grocery store like <br />a Trader Joe's to consider the area. I personally would not like it at that location simply because of <br />the traffic generation but there certainly are other areas that could possibly support it. <br /> <br />Key Comparisons- 2525 vs Current Zoning <br />When comparing the current proposed housing development versus the existing zoning of a 3-story <br />office building, it is important to consider the following: <br />· Traffic- An office building of this size will produce more traffic than the 2525 proposal. <br />If traffic is a concern of the opposition, then they should not be in favor of the current <br />zoning but instead be in favor of something else. A 3-story office building as allowed under <br />the current zoning simply has the potential to be much worse for our community traffic- <br />wise as compared to a residential alternative. <br />· Traffic Flow- An office building will not have just one entrance on Main. Instead, it will <br />have its entrance on Edgewood as is currently provided for. They may be able to add a <br />secondary entrance on Main, however since the entrance is already on Edgewood, a <br />developer of the property as an office building can keep it there. This appears to be worse <br />for the Park Santiago neighborhood and the resulting cut through traffic. Not to mention <br />that those travelling North on I-5 will simply exit 17th Street and cut all the way through <br />Park Santiago making a morning commute even worse with cut through traffic. <br />· Parking- An office building of this size will likely provide enough parking for tenants and <br />guests. However, this size of a building will also often have paid parking. This means that <br />some guests and even some tenants may be tempted to save the parking fees and park in <br />the residential area. Overflow parking is a concern of the neighbors but it should also be a <br />concern under the existing allowed zoning. <br />· Green Space- We all love green space. I believe that the current housing development <br />proposal would provide for more overall green space. Now, it will not necessarily be public <br />greenspace, but it will be good for the environment and since the Park Santiago residents <br />may be able to use it, it may also be good for them in certain instances. <br />· Low Income Housing Fees- We have a lot of concern about housing the homeless and <br />otherwise our city's homeless problems in our area town. An office redevelopment will not <br />provide the in-lieu of fees associated with a multi-family residential development. These <br />fees, which likely will exceed $6M, will help our city with our affordable housing crisis. <br />· Visual Appearance- 2525 will be situated next to a very charming and historic <br />neighborhood and in close proximity to others. Looks are important to neighbors. The <br />develop has expressed his availability to discuss the visual appearance of the project,