ShorelineMarina Highlights 2009 1019

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Shoreline CAC September 16, 2009 Meeting Highlights Page ~5 • What amenities are in the proposed plans to attract residents from the North Area, Bay-O-Vista, etc.? Amenities included places to park and walk, hike, run or bike. The boat ramp would be retained. Boat rentals would be made available. There would be restaurants for lunch or dinner. The plans include public spaces for events, music, farmers markets, etc. All of this would be in addition to Marina Park, a large highly used regional park. • Suppose one large company cannot occupy the proposed office campus, could the office buildings be developed for use by multiple tenants? Yes, by phasing the project it would be possible to construct the project for multiple tenants. • Manager Battenberg cited that the Creekside Office development at Davis Street and San Leandro Boulevard is an example of a phased project including three buildings and multiple tenants, and of similar size. • It was stated that there is demand for 40 to 50 lineal foot boat slips; there is no demand for 25 to 30 lineal foot slips, thus those would likely remain vacant. • Would the residential units be for sale or for rent? They could be for sale condominium units on a long term ground lease. Irvine Ranch was cited as an example of ownership condominiums on a long term ground lease. • Which of the three Discussion Plans would be the most financially feasible to move forward? Plans 2 and 3 would generate the most revenue, thus these are more likely to be self sustaining developments. • How many stories are the Oracle towers and how much floor area do those office buildings have in comparison to the ones proposed in Plans 2 and 3? The Oracle towers are 10-stories tall and have approximately 300, 000 square feet of floor area per tower. The proposed office buildings on Plans 2 and 3 would not exceed 120, 000 square feet in floor area nor exceed three-stories in height. • It was clarified that any proposed buildings that appear to span out over the water would be constructed on piles. The Bay would not be filled in for construction. • If one of the proposed plans were adopted what is the expected timeline far the review process? At least two years if the public review were to occur smoothly without any complications. This included environmental review, General Plan Amendments, Rezoning, and all of the required public hearings. • How about activities for teenagers/youths? There are numerous activities especially inexpensive ones such as rollerblading, biking, hiking, or walking around listening to music. • Would the sand beach adjacent to the hotel be open to the public? The beach area is meant to be an aesthetic element for the hotel. • Are there enough restaurants proposed on the plans? There appears to be enough restaurants in the proposed plans. There would be one in the hotel, one at the northwesterly point, a casual dining place near the boat launch ramp and potential for small cafes on the ground floor of the office buildings. In addition, Horatio's would also be retained in the proposed plan, and the Monarch Bay Golf Club has a cafe.