Title
Recommendation to Adopt a Resolution Recommending that the City Council Approve the Development Agreement for Rebuilding the Existing Supportive Housing at Alameda Point (RESHAP) Project
Body
To: Honorable President and
Members of the Planning Board
From: Michelle Giles, Redevelopment Project Manager
Jennifer Ott, Base Reuse and Transportation Planning Director
BACKGROUND
Following an April 24, 2017 study session, on September 25, 2017, the Planning Board approved the RESHAP Development Plan (Exhibit 1) and Density Bonus Waiver, which establish the plan for the physical design for 200 replacement affordable units and 67 new affordable units within the Main Street Neighborhood of Alameda Point. The Planning Board resolution includes the required findings that the proposed project is consistent with the General Plan and Alameda Point zoning regulations, and that it supports the public health, safety and general welfare by providing 267 affordable housing units within a well-designed configuration of new buildings, common open spaces, and community facilities.
The attached Development Agreement (DA, Exhibit 2) establishes conditions under which development for the RESHAP project may occur. The DA vests the project approvals for a period of 10 years (with potential extensions) so that the project can be financed and constructed in phases over time with major public benefits constructed in the early phases of the 10-year term. Although the DA must be approved by the City Council, AMC section 30-92.5 requires the Planning Board to hold a public hearing and make written findings that the proposed DA is consistent with the City's General Plan and zoning regulations prior to the Council's consideration.
The proposed DA is the result of a series of decisions and actions beginning with the City's approval of an Exclusive Negotiation Agreement (ENA) between the City and the Alameda Point Collaborative, Building Futures with Wo...
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