3B Public Hearing 2009 0720 - Laserfiche WebLink

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Site #2 — Westlake Property: Westlake Development Partners, LLC owns the 5.3 acre property located immediately west of BART Station between Alvarado Street, West Estudillo Avenue, and Martinez Street. This property is relatively flat and was the site of a cannery prior to being demolished in the 1990's. The site is vacant and is listed as SP8, Site B and Part of Site C in the City's TOD Strategy. Lot 3 of the recently approved Vesting Tentative Map 8010 will be the site of the replacement parking garage which is subject to this Site Plan Review application. The other lots in this map were either approved pursuant to Site Plan Review Permit PLN2008-0031 or in the remainder of Lot 1 of map 8010 and are subject to future approvals. Land Transactions In conjunction with the proposed development, the following land transactions are expected to take place, with certain transactions subject to City of San Leandro approvals and/or approval by the BART Board of Directors: • The City of San Leandro will vacate certain property within Martinez Street to the adjacent property owners (Westlake and Union Pacific) for the development of the Replacement Parking Garage. • Westlake will purchase back the land within Martinez Street vacated to Union Pacific. • Westlake will purchase a remnant parcel along Alvarado Street property from the City of San Leandro. • Westlake will consolidate and map the property along Martinez Street into four parcels. • BART will purchase the land under the Replacement Parking Garage and The Alameda from Westlake. • Westlake will purchase the BART East Parking lot from BART. • Westlake or the City of San Leandro will purchase adjacent vacant property on Martinez Street to the south of the Replacement Parking Garage for additional parking and utilities. Property Ownership and Operations The Alameda (previously approved by the Planning Commission), Cornerstone, and the Replacement Parking Garage will be developed, owned, and operated by different entities as follows: The Alameda — This housing community will be developed by BRIDGE Housing Corporation and managed by BRIDGE's affiliated property management company. Planning Commission July 9, 2009 Cornerstone at San Leandro Crossings Public Hearing Page 4 of 14