BusHsgDev Highlights 2007 0712 - Laserfiche WebLink

Home

2. Overview of Pending Development Applications Interim Community Development Director Sims reporting on the following applications: . Preferred Freezer Services, Inc., 400 Hudson Lane. Preferred Freezer Services, Inc. (the "applicant") intends to submit an application to construct a 200,000 square foot warehouse at 400 Hudson Lane. The applicant proposes to use the site for a large-scale freezer storage business which would provide freezer storage for restaurants, grocery stores, and other incidental users. This use is outright permitted per the City's zoning code; however the applicant must apply for a height exception as they propose to construct a warehouse which is 65 feet tall when only 50 feet is allowed. Sims continued by stating that a large landscaped wall will be constructed between the proposed building and San Leandro Boulevard to enhance the appearance of the property and reduce the potential for noise issues. This business would create 40-50 jobs. Furthermore, in an attempt to alleviate potential traffic issues created by the use of the site, the applicant proposes to install a traffic signal at Hudson Lane and San Leandro Boulevard. . 2450 Alvarado Street. Approximately one year ago, the property at 2450 Alvarado Street was purchased by a new operator. In recent months, the new owner has begun upgrading the site through the means of new landscaping and fencing. One of the several industrial buildings on the site has already been occupied and is now being used by a tenant specializing in plastic manufacturing. The new owner now intends to demolish portions of the remaining unoccupied buildings to make them more viable for future tenants, and to eventually create two new parcels on the site. It is the intent of the owner to sell these two new parcels to owner-operators of an industrial nature, and to retain the rest of the property and it to multiple smaller industrial tenants. It should be noted that a parking exception will be required in the future. 3. Update on Development Projects Housing Manager Liao updated the Committee on the following project: . Loan Forgiveness, Building Futures with Women and Children. Recently, administrators from Building Futures with Women and Children (Building Futures) approached City staff regarding the possibility of the City forgiving all outstanding loans which are due payable by their organization. Currently, Building Futures carries two loans which were originally issued by the City in 1999: one loan for $185,000 to assist with the acquisition of their property; and one loan for $50,000 to assist with the rehabilitation of the building which they purchased. Administrators from Building Futures have stated that forgiveness of these two loans would make their organization more viable and more likely to receive new funding sources such as loans and/or grants, as they would not have to carry the outstanding loan obligation to the City as an outstanding debt. In turn, forgiveness would allow Building Futures to expand and improve services which they already provide. 2