pages: PlanningBoard/2011-03-28.pdf, 8
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PlanningBoard | 2011-03-28 | 8 | member Zuppan seconded. The motion passed 5-0. 5-C Catellus/Alameda Landing Project Update A presentation and update on the planned Alameda Landing Project. Mr. Thomas reported that early in 2011, Catellus approached the City to initiate discussions regarding possible adjustments to the package of entitlements to facilitate redevelopment of the property and improve the project. Catellus is currently pursuing an agreement with Target stores to bring Target to Alameda. He stated that to be successful, Catellus believes that certain changes to the previous agreements and approvals may be necessary. Any changes to the previous entitlements and approvals would need to be reviewed and approved by the Planning Board and the City Council. To accommodate Target's schedule, Catellus has informed the City that the review and final actions by the Planning Board and City Council would need to be completed by the end of this calendar year. He mentioned that although Catellus has not submitted an application to modify any of the former entitlements yet, staff requested that Catellus give the Planning Board and the West Alameda community an opportunity to review and comment on the current entitlements and plans in preparation for future community discussions about potential amendments. He reported that the previous entitlements and agreements allow for up to 300,000 square feet of retail use, 300 residential units, and 400,000 square feet of office space on the 77 acre site. The 2008 Design Review approval for the first phase of the project included a 250,000 square foot retail center located between Stargell Avenue and a future extension of Mitchell Avenue. Shortly after the final action by the Planning Board to approve the design review application, economic conditions changed, and Catellus was unable to secure adequate tenant commitments to pursue the project. However, the City of Alameda and Catellus were able to complete the Stargell Extension project in 2010, which provides the primary gateway into the future project. Mr. Thomas stated that the City and Catellus are looking for feedback from the Planning Board and Community to ensure that the project is done correctly and not just rush through the process. Sean Waskerman of Catellus stated that they are very pleased with how Stargell Avenue turned out. They are working on the retail piece, talking with Target. He stated that Target wants to come to Alameda. He stated the changes since the entitlement mentioning the Density Bonus Ordinance which could possibly activate a higher residential density. He mentioned that the office market is currently extremely weak. It is very hard to predict when the office market will recover to the point where demand will support construction of new office buildings and the adjacent public waterfront areas. President Ezzy Ashcraft opened the public comment period. APPROVED MEETING MINUTES 8 of 9 PLANNING BOARD 3/28/2011 | PlanningBoard/2011-03-28.pdf |