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HomeMy WebLinkAboutPRESENTATION - 75DMAINPLACE MALL EXPANSION & TRANSFORMATION ro June 4, 2019 City Council Meeting 75D ry M+� �TA Site Description General Commercial (C-2) Zoning _ District Center (DC) General L41 Plan Surrounded by 1-5 & SR-22 fwys, mixed -use & commercial developments Single-family residential across freeways Approx. 50 acres Access from Main St., Main Place Dr., and Broadway/ 75E G �j 4 ti tfxiiA s, c � PROPOSED SPECIFIC PLAN Contains standard Specific Plan components required by State law Creates ten development sites Mixed -use, hotel, office, or residential lots Mall expansion to the west Central community space and ancillary open space areas Preserves existing mall at core / 75E LEGEND �..� Project Boundary — — Parcel Line Commercial Core Urban Village N BROADri' AY PARCEr I 5 N.A.P. I I PARCEL ...Vle MAIN STREET ... -._---- - - - - - - S .75E _t Ro----Project Boundary sifications Public Major Arterial . s Public Secondary Arterial Public Local Street Private Drive Aisle • Private Drive Aisle' 'r '1 I \i�, Entryway Classifications OPrimary Entrance OSecondary EntranceIr Proposed Signal aisle may be converted to a pedestrian zone as part of the implementing project in this location. r A t v U -------------- N A.P. I I I I � MACy'S 75E ADDITIONAL COMPONENTS Tentative Parcel Map (TPM) Allows the site to be divided into 10 developable lots Addresses street improvements and utilities Development Agreement (DA) Reflects community values Incentivizes development of non-residential and residential components over time 75E DEVELOPMENT AGREEMENT Initial 10-year term Other deal points Automatic Extensions include: Redevelopment of former Nordstrom box and construction of additional commercial areas within the first 7 years Hotel construction within the first 8 years Additional extensions Term and extensions Non-residential development incentives City access to open spaces Public art Extensions for increasing gross Positive Local Impacts annual general fund revenues 75E generated ORIGINAL EIR (1983) Prepared for the Fashion Square Commercial Center Project Analyzed impacts of a mixed -use commercial center: 1,600,000 sq. ft. of commercial, 1,500,000 sq. ft. of office, 1,200 hotel rooms Required wide range of mitigation measures Found significant and unavoidable traffic, noise, population, and aesthetics impacts 75E 1996 ADDENDUM TO EIR Considered impacts of modifying the approved plan to expand commercial uses at the site Provided environmental clearance for the site's current entitlements: 1,509,255 sq. ft. of commercial 1,500,000 sq. ft. of office 400 hotel rooms The 1996 entitlements are those which the applicant now seeks to modify for the MainPlace Transformation Project Found no new impacts from modifications to 1983 entitlements 75E MAINPLACE TRANSFORMATION PROJECT ADDENDUM wAn addendum analyzes the change (delta) between the approved entitlements and the proposed project. ,*The 2019 Addendum analyzes the effects of: Reducing commercial space by 109,255 sf Reducing office space by 750,000 sf Adding 1,900 residential units 75E ECONOMIC AND FISCAL IMPACTS Net Fiscal Impact and Economic Benefit Analysis prepared by applicant for the project wThe contents and conclusions of the Analysis peer -review( by a City consultant 75E ECONOMIC AND FISCAL IMPACTS Phase 1 of the project would generate: Annual net positive fiscal revenues With Measure X: Full buildout would generate: Annual gross fiscal revenues: Annual gross expenditures: Annual net positive fiscal impacts With Measure X: $5 million Up to $7.1 million $9.3 million $2.8 million $6.5 million Up to $8.9 million 75E PUBLIC OUTREACH Over 78 outreach meetings were held with community groups, representatives, officials, and other interested parties Developer's representatives met extensively with neighborhood groups and local leaders City staff met extensively with other public agencies; all questions were answered and no concerns remain Sunshine Ordinance Community Meeting on May 31, 2018 Planning Commission study session on February 28, 2019 Planning Commission public hearing on May 13, 2019 75E RECOMMENDATION Adopt resolutions for: The 2019 Addendum to the 1983 EIR and Mitigation Monitoring and Reporting Program Tentative Parcel Map No. 2018-01 as conditioned to subdivide the site into ten developable parcels Adopt ordinances for: Amendment Application No. 2018-04 to establish the MainPlace Specific Plan (SP-4) io Development Agreement No. 2018-02 for the 75E MainPlace Development Agreement S A N 75E Imo`„` !` ��� 1' � . • rr; � � = v -3.-, F Mll Ar- Il f f . I SPECIFIC PLAN CONTENTS Development standards and allowable uses Open space, pedestrian, and circulation plans Design standards Buildings Streets Implementation 75E SPECIFIC PLAN CONTENTS Development standards will ensure compatibility with surrounding communities 10-story building height limit, unless along Main Street 15-foot building setbacks from Main Street and Main Place Drive Maximum 6-level above -grade parking structures Pedestrian zones along roadways will create a place for people, not only vehicles 75E yir ZINO A a! areas ++� in Msoma Z t N / 75E ONSITE STREET CONFIGURATIONS SPECIFIC PLAN CONTENTS Land use plan/allowable uses Curated to create a dynamic, mixed -use village Permitted, conditionally permitted, and temporary uses Central open space area adjacent to former Nordstrom building Project's focal point ow City access for public events Additional open spaces on site will be placed near uses with high pedestrian activity 75E 1-5 A' VACANT (N.A.P.) 241 56' PUBLIC MAIN PLACE DRIVE 4' (from Bedford Road to Broadway) 9' 26 75E ONSITE PARKING Parking survey indicates a surplus of more than 1,000 parking spaces during peak holiday season New parking standards proposed for the mixed -use village Maximizes shared parking due to live/work/play options Commercial: 3.5 spaces per 1,000 sq. ff. Residential: 1.65 spaces per unit, inclusive of guest Hotel: ].I spaces per room Office: 3 spaces per 1,000 sq. ff. Shared, joint, or reciprocal parking permitted 75E DEVELOPMENT AGREEMENT DEAL POINTS Non-residential development incentives Redevelopment of former Nordstrom box and construction of additional commercial areas within the first 7 years - automatic DA extension Hotel construction within the first 8 years - automatic DA extension Additional DA extensions Extensions for increasing gross annual general fund revenues generated *00 DEVELOPMENT AGREEMENT DEAL POINTS City access to open spaces 12 days per each calendar year Public art Valued at one-half of one percent (0.50%) Two water features Positive Local Impacts Minimum 10 free annual events Local live -work preference and sourcing Bike lanes, lockers, and supportive features Local philanthropic engagements (education, arts, culture) 75E NEW TECHNICAL STUDIES Traffic Impact Study Hydrology and Hydraulics Noise Assessment Study Air Quality Assessment Greenhouse Gas Emissions Health Risk Assessment Water Supply Assessment Geologic and Seismic Hazards Water Quality Management Plan Sewer Capacity Study Fiscal Impact and Economic Benefit Analysis 75E WHAT IS AN EIR ADDENDUM? When an agency is asked to approve modifications to an existing project, For which an EIR has previously been certified. It's a fact -based method of evaluating the modifications and determining whether subsequent EIR review might be required. Public Resources Code §21 166 prohibits proceeding with a subsequent EIR, unless one of three specific conditions are met: 75E EIR ADDENDUM Substantial project changes proposed that would result in new or substantially more severe impacts than disclosed in the previous EIR; 2. Substantial changes in circumstances that would result in new or substantially more severe impacts than disclosed in the previous EIR; or 3. Significant new information has come to light that shows there will be new or substantially more severe impacts than disclosed in the previous EIR. 75E WHAT IS AN EIR ADDENDUM? EIR Addendum required when changes or additions are necessary to a previous EIR, But none of the three circumstances allowing preparation of a subsequent EIR have occurred. 75E MITIGATION MEASURES 1983 EIR's mitigation measures were analyzed to determine whether they continue to apply 8 are ongoing and applicable 1 1 are no longer applicable, because already completed or superseded by law 75E ADDENDUM FOUND REDUCTIONS IN TRAFFIC FROM CURRENT ENTITLEMENTS Traffic study considered impacts at 22 study intersections Determined that the project would generate 6,251 fewer daily trips than the current entitlements 165 fewer am peak hour trips 995 fewer pm peak hour trips No new or substantially more severe traffic impacts than were disclosed in 1983 EIR 75E ADDENDUM FOUND REDUCTIONS IN AIR QUALITY EMISSIONS FROM CURRENT ENTITLEMENTS Analysis determined operational emissions would be far lower than those listed in 1983 EIR Reactive Organic Gas (ROG) emissions would be slightly higher than current entitlements, but not enough to result in a new significant impact No new or substantially more severe air quality impacts than were disclosed in 1983 EIR 75E LEGEND _ —..— Project Boundary ---- Parcel Line Parking Area XX• Boundary Number of Spaces N BROADWAY 75E