Title
Introduction of Ordinance Authorizing the Interim City Manager to Execute a Third Amendment to the Lease with Bayview Landing LP for Approximately 6.4 Acres of City-Owned Public Trust Tidelands Located at 1527 Buena Vista (Encinal Terminals). [Requires four affirmative votes]
The lease amendment authorizing the proposed temporary use of the site is exempt from further review under the California Environmental Quality Act pursuant to Class 1 and Class 4, Existing Facilities and Minor Alterations to Land, where the site is not proposed to be physically modified and will be used in a manner consistent with prior use. (Base Reuse and Economic Development 29061822)
Body
To: Honorable Mayor and Members of the City Council
From: Adam W. Politzer, Interim City Manager
EXECUTIVE SUMMARY
The City of Alameda (City or Lessor) leases approximately 6.4 acres of land at 1527 Buena Vista to Bayview Landing L.P. (Lessee). The leased premises comprises one of four parcels that are commonly referred to as Encinal Terminals. The other three parcels that comprise Encinal Terminals are owned by the Lessee.
The Encinal Terminals site is subject to an approved Encinal Terminals Tidelands Exchange Master Plan (Master Plan), Development Agreement (DA), Disposition and Development Agreement (DDA), and Tidelands Exchange and a Development Agreement (Exchange Agreement) authorizing redevelopment of the 23-acre site for up to 589 multifamily housing units (including 80 deed-restricted affordable units), up to 50,000 square feet of commercial and maritime commercial space, a 160-slip marina, and 4.5 acres of public open space.
In recognition of challenging economic circumstances limiting the development viability of the approved development at Encinal Terminals, on January 7, 2025, City Council adopted an ordinance approving an amended Master Plan and DA for the Encinal Terminals site to extend the internal milestones for performing certain actions. The amended deadline for fi...
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