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File #: 22-1657    Version: 1 Name:
Type: Public Hearing/General Business Status: Agenda Ready
File created: 11/16/2021 In control: Council and Authorities Concurrent Meeting
On agenda: 1/25/2022 Final action:
Title: Action on Sustainable Communities Project Exemption and Architectural Approval for a 59-Unit Affordable Mixed-Use Project Located at 3941 Stevens Creek Boulevard
Attachments: 1. Meridian Entitlement Letter, 2. Sustainable Communities Project Exemption, 3. Resolution for Sustainable Communities Project Exemption, 4. Conditions of Approval, 5. Development Plans, 6. POST MEETING MATERIAL, 7. Resolution No. 22-9048
REPORT TO CITY COUNCIL
SUBJECT
Title
Action on Sustainable Communities Project Exemption and Architectural Approval for a 59-Unit Affordable Mixed-Use Project Located at 3941 Stevens Creek Boulevard

Report
COUNCIL PILLAR
Promote and Enhance Economic, Housing and Transportation Development

BACKGROUND
The applicant (CRP Affordable Housing and Community Development) is proposing to build a 100% affordable, 59-unit residential mixed-use building on a 0.58-acre project site located at the northeast corner of Stevens Creek Boulevard and Buckingham Drive (3941 Stevens Creek Boulevard). The Project Site is currently developed with a vacant single-story building located on the central-southern portion of the site that was formerly a car wash use. The proposed structure would replace the existing commercial building and associated parking area onsite.

Surrounding land uses comprise a five-story multi-family residential building to the north, a one-story, retail music shop building to the east, one- and two-story commercial/retail buildings to the west across Buckingham Boulevard, and one-story commercial car dealership and associated surface parking areas to the south along Stevens Creek Boulevard.

Project Description
The proposed mixed-use building will be six-stories (72 feet-six inches in height at top of parapet) and include a 2,630 square foot commercial leased area on the ground floor along with a lobby, utility and amenity space. The 59-unit 100% affordable development will have a density of 101.7 du/ac. The proposed building would be approximately 88,087 square feet resulting in an overall Floor Area Ratio (FAR) of 3.48, and a commercial FAR of 0.10.

The affordable units will be provided with 46 units at 60% AMI, six units at 50% AMI, and six units at 30% AMI. The project includes one market rate unit for a property manager. These units include 10 one-bedroom units (average size of 531 to 608 square feet), 20 two-bedroom units (average size of 800 to 843 squ...

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