Title
Adoption of Resolution Approving Parcel Map No. 10960 for the Proposed Subdivision of Three Parcels Located at 1310 Harbor Bay Parkway, 1410 Harbor Bay Parkway, and 1430 Harbor Bay Parkway into Six Parcels for Commercial Condominium Purposes. (Planning, Building & Transportation 209)
Body
To: Honorable Mayor and Members of the City Council
EXECUTIVE SUMMARY
On June 24, 2019, the Planning Board approved three new "flex" buildings, designed for office and light industrial units, and recommended the City Council approve Parcel Map No. 10960 with conditions. Approval of the Parcel Map would create two commercial condominium units in each building that would allow future sale of the individual tenant spaces once each building is built.
BACKGROUND
On June 24, 2019, the Planning Board held a public hearing and approved Final Development Plan and Design Review for three new "flex" buildings, designed for office and light industrial units. The approved buildings will be built by the applicant without a specific tenant in mind. The combined square footage of the three buildings is approximately 321,260 square feet, with each building ranging from 93,450 square feet to 125,853 square feet in size. As has been common with recent similar developments in the Harbor Bay Business Park, the applicant has noted that potential future tenants have expressed the desire to outright purchase a tenant space, rather than leasing. To accommodate the potential future sale of a tenant space, the applicant is requesting approval of Parcel Map No. 10960 to create two commercial condominium units in each of the three approved buildings. The Planning Board recommended City Council approval of the Parcel Map.
DISCUSSION
Subdivision Requirements and Findings
The proposed subdivision is consistent with Subdivision Map Act Section 66426(c), which excludes subdivisions of five or more parcels from requiring a tentative and final map, in that the subject site has approved acce...
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