Title
Annual Review of the Development Agreement for the Encinal Terminals Project. Applicant: North Waterfront Cove, LLC. The applicant is requesting an Annual Review of the Development Agreement for the Encinal Terminals Project between City of Alameda and North Waterfront Cove, LLC. Environmental Determination: Not a project under the California Environmental Quality Act (CEQA). No further environmental review is required.
Body
To: Honorable President and
Members of the Planning Board
From: Allen Tai
Planning, Building & Transportation Director
BACKGROUND
The Encinal Terminals property is located at 1521 Buena Vista Avenue, between the Alaska Basin and the Fortman Marina, within the City of Alameda's (City) Northern Waterfront Priority Development Area (PDA) within the Bay Area's long-range regional transportation and sustainability community's strategy (Plan Bay Area). The site is also designated as a multifamily housing opportunity site in the City's 2023-2031 Housing Element. In 2018, the City Council approved a Master Plan for 589 housing units on the site. Despite being entitled for 589 residential units, the configuration of the property lines between the private and public tidelands parcels makes redevelopment of the property financially infeasible. In 2022, the City Council approved a Master Plan Amendment allowing for the reconfiguration of the site to facilitate a future tidelands exchange.
Alameda Municipal Code ("AMC") Section 30-95.1 authorizes the Planning Board to conduct a public hearing at which the applicant must demonstrate good faith compliance with the terms and conditions of the agreements. To demonstrate good faith compliance, the applicant has submitted a request for an annual review (Exhibit 1) as required under AMC Section 30-95.1 and Section 10 of the Encinal Terminals Project Development Agreement. The letter summarizes actions that have been taken during the period from the effec...
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