Item 19 - Cabrillo Crossing Density Bonus Agreement, 1814 & 1818 E. First Street

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Cabrillo Crossing Density Bonus Agreement, 1814 & 1818 East First Street August 16, 2022 Page 2 Planning Commission Action On June 27, 2022, the Planning Commission held a public hearing for the project and voted unanimously (7-0) to approve Site Plan Review No. 2022-03 and Tentative Tract Map No. 2022-02 for the project, and recommended that the City Council approve Density Bonus Agreement No. 2022-02 with conditions. As part of the discussion, the Planning Commission recommended that the developer work with staff to identify whether one of the proposed live/work units could be sold for moderate -income affordable ownership. Subsequently, the applicant and Housing Division staff reviewed additional information to determine the feasibility of including one of the live/work units for affordable ownership. It was determined that the inclusion of a live/work unit would require that the remaining three affordable units be the smallest unit type, which is not consistent with the goals of the City's Affordable Housing Opportunity and Creation Ordinance (AHOCO) and State Density Bonus Law to evenly disperse units among various floor plan types and sizes. As a result, the developer is proposing to satisfy the AHOCO by providing four (4) onsite residential units for sale to moderate -income households. These units will be dispersed throughout the community and will each contain three bedrooms and will range in size from 1,513 to 1,848 square feet in size. The developer's Inclusionary Housing Plan has been reviewed and approved by the City's Housing Division. DISCUSSION Project Description The project includes the construction of a mixed -use townhome development with 1,980 square feet of commercial space. The project will contain five structures consisting of a surface parking area with 10 open/guest parking spaces and 35 townhome units, six of which are proposed to be live/work. The structures will each contain a two -car garage at ground level with residential units above, some with roof decks and others with fourth - level flex rooms. All structures will contain a four-story volume to enhance the project's urban presence. The project will include three -bedroom unit townhome (29) and three - bedroom unit townhome with home office (6), ranging in size from 1,513 to 2,379 square feet. All units will contain full kitchens, bedrooms, bathrooms, in -unit storage, and open/common (living) areas. Open space will be provided through a publicly -accessible plaza fronting First Street, as well as common onsite open space for use by the residents. Each unit will also contain roof decks and private balconies for the use of each unit's owners. The project will feature a contemporary architectural style with exterior materials that include cement stucco and siding, smooth stucco finishes, exterior veneer finishes, wood framed awning, and wood guard railing. These solid materials will ensure that the project ages well for the duration of each onsite building's lifetime.