REPORT TO PLANNING COMMISSION
SUBJECT
Title
Actions on a Proposed Multi-family Residential Project to Develop 60 units (40 Townhomes and 20 Flats) at 3141 - 3155 El Camino Real
Report
EXECUTIVE SUMMARY
The applicant, Oak Investment Group, LLC, is proposing to construct a 60-unit residential development at 25 dwelling units per acre (du/ac) on two contiguous parcels totaling 2.41 acres. The site is currently developed with multiple commercial buildings totaling 21,780 square feet and paved surface parking areas. The proposal includes 60 for-sale residential units, a private street, visitor parking, common landscaped open space, and future private maintenance provisions with the establishment of a Homeowners Association (HOA) and Covenants, Conditions and Restrictions (CC&R's). The residential units are composed of 40 three-story townhomes and 20 flats. Nine units (15% of the 60 units) are to be provided as affordable housing units.
The project site is located in the El Camino Real Focus Area, a local and regional commercial and transportation corridor envisioned for high intensity commercial and residential development in the City's 2010-2035 General Plan. The proposal is generally consistent with the goals and policies set forth in the General Plan for the site as discussed in the following report; however, the three-story proposal does not follow the direction on height provided by the City Council during the summer 2022 consideration hearings on the El Camino Real Specific Plan.
BACKGROUND
The proposed project includes a Mitigated Negative Declaration (MND) and Mitigation Monitoring and Reporting Program (MMRP); a Rezone from Thoroughfare Commercial (CT) to Planned Development (PD); and Tentative Tract Map (File Nos. CEQ2020-01080, PLN2020-14674 and PLN2020-14705). These entitlements together would allow development of 40 townhomes and 20 flats, private street site access and circulation, landscaped open area for shared resident use, and off-site imp...
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