REPORT TO COUNCIL
SUBJECT
Title
Public Hearing: Consideration of Various Actions to Amend the City Place Santa Clara Project (PLN24-00060) Located at 5155 Stars and Stripes Drive to Provide for a New Scheme C Land Use Scenario to add Light Industrial as a Permitted Land Use on Parcels 1 and 2, Replacing the Originally Planned Office Uses and Transferring Unused Development Intensity to Parcel 4 and to Implement Other Project Changes
Report
COUNCIL PILLAR
Promote and Enhance Economic, Housing and Transportation Development
EXECUTIVE SUMMARY
The Related Santa Clara project ("the Approve Project"), a public-private partnership located on 240 acres of City-owned land across from Levi's Stadium, is envisioned as a major regional destination for a new mixed-use residential, retail, office, hotel and industrial development near transit. On January 31, 2024, Related Santa Clara, LLC ("applicant") submitted an application (PLN24-00060) for a re-zone to amend the 2016 Master Community Plan (MCP) by introducing a new "Scheme C" land use scenario. The application also includes a General Plan amendment a Development Agreement (DA) amendment, and a Disposition and Development Agreement amendment, the environmental effects of which were analyzed in an addendum to the project's previously certified EIR. The applicant proposes to add Light Industrial as a permitted land use on Parcels 1 and 2, replacing the originally planned office uses, and transferring unused development intensity to Parcel 4. These changes are a response to significant post-pandemic shifts in real estate markets particularly declining demand for office space, rising construction costs, and broader economic challenges. Parcels 4 and 5, comprising the project's "City Center," would retain their dense, mixed-use focus with retail, office, hotel, and residential uses, while Parcel 3 remains designated for a public park.
The proposed changes maintain the project's original 9.16 million gross square feet and...
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