REPORT TO COUNCIL
SUBJECT
Title
Public Hearing: Action on an Amendment to Development Agreement for Gateway Crossings Project at 1205 Coleman Avenue [Council Pillar: Promote and Enhance Economic, Housing and Transportation Development]
Report
EXECUTIVE SUMMARY
Hunter Storm ("Applicant") through its affiliate TOD Brokaw, LLC. ("Property Owner") is requesting an amendment of the Development Agreement (DA) to modify the requirements for timing of the construction of a hotel as part of the Gateway Crossings Project, located at 1205 Coleman Avenue. As approved, the DA requires construction of the hotel in Phase 1 of the development of the mixed-use project. Due to the economic downturn caused by the COVID19 pandemic that is impacting the restaurant, hotel and travel sectors, the Applicant is requesting to move the construction of the hotel to Phase 2 of project development. An amendment to the DA is required to alter the phasing of the approved development.
The proposed Amendment would be consistent with the City's General Plan land use designation for the project site and applicable policies in that the proposal to modify the sequencing of hotel construction does not include changes to the approved land use types, location or intensity of development that is to occur on the site, or number of phases of Project development; and would advance residential development on the site to support housing goals. A discussion of General Plan and Zoning Code conformance is provided in the Planning Commission staff report of June 10, 2020 (Attachment 1).
BACKGROUND
The project site consists of two parcels, totaling 21.4 acres, located at the southwest corner of Coleman Avenue and Brokaw Road. The majority of the site (20.4 acres) is located in the City of Santa Clara (APN: 230-46-069). A 1.0-acre portion at the southeastern corner of the site is located in the City of San Jose (APN: 230-46-070). The project site is currently vacant and was previously developed with industr...
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