The Development Agreement will be brought to Commission at the second reading of this ordinance and will contain the essential terms and conditions as outlined in the staff presentation to Commission.
The Site Plans: The Purchase and Sale Agreement and the Development Agreement contemplate the potential scenarios for the development of the project with or without the acquisition of the private parcels (A and B) and future timing of the Train Station. Agenda Item 1 provides the components for the Primary Site Plan and Alternative Site Plan A-1: without Parcel A.
This is a revision to one of the Alternative Site Plans. The revision to Alternative Site Plan A-2 will increase the total retail/commercial component from 5,300 SF to 11,000 SF, will remove the 6 live work units and in turn will increase the residential units from 36 residential units to 42 residential units.
Below is the updated Alternative Site Plan A-2: without Parcel A
Alternative Site Plan A-2: without Parcel A: * Updated
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ALTERNATE SITE PLAN A-2
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North Building
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South Building
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Residential Building
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Open Space
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Building Type
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5 Story Mixed Use
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6 Story Mixed Use
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3 Story Residential
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*Ground Level Retail/Commercial
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5,300 SF
11,000 SF
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21,615 SF
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NA
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North Building
Minimum 25 % Ground *
South Building
Minimum 25 % Ground *
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*Live Work Units
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6 0
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NA
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NA
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*Residential Units
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36 42
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239
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36
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Parking
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Garage
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Garage
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*shared
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Other
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Rooftop Event Space
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Rooftop Amenity Deck
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NA
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North Building
Minimum 10 % Rooftop **
South Building
Minimum 10 % Rooftop **
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* Exceeds City Code required Ground Open Space = 20%
**Exceeds City Code required Rooftop Open Space = 5%