pages: PlanningBoard/2017-05-22.pdf, 2
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PlanningBoard | 2017-05-22 | 2 | Staff Member Thomas gave the staff presentation. The staff report and attachments can be found at: https://alameda.legistar.com/LegislationDetail.aspx?ID=3047810&GUID=5924B260- A15B-4F1E-BC95-4E5D6255255A&FullText=1 Joe Ernst, Alameda Point Partners, said they have seen significant escalation in construction costs due to a labor shortage. He explained the difficulty in closing the financing package for the project. Board Member Curtis asked if the $425/sq. ft. construction cost included infrastructure and other costs. Mr. Ernst said that was just the hard cost of the unit construction with no land costs. Board Member Zuppan asked what the purpose of reevaluating the land use before phase II. Staff Member Thomas said that it was to help ensure that they could get the 600,000 sq. ft. of commercial space out of the project. President Köster opened the public hearing. Alan Teague said he is generally in favor or the changes but was concerned about the funding for the ferry terminal and the parking implications of increasing the number of townhomes in the project. Jacob Adiarte said the project would bring many good union trade jobs along with the construction. Doug Biggs, Alameda Point Collaborative, said they are strongly supportive of the changes to the site plan. He said their residents will have better access to the amenities of Site A with the removal of a large warehouse and addition of teacher housing. Michael McDonough, Chamber of Commerce, said the high construction costs are a not unique to Alameda. He said the existing businesses at Alameda Point need the improved infrastructure that the changes will bring. Rob Doud said they saw have seen the same cost increases as the applicant and supports the amendment. Approved Minutes Page 2 of 9 May 22, 2017 Planning Board Meeting | PlanningBoard/2017-05-22.pdf |