3A Public Hearing 2010 0503 - Laserfiche WebLink

Home

April 15, 2010 - Final Section 6.11. Timingof Project Construction and Completion. (a) Project Phasing. The Project is expected to be built over several phases in response to existing market conditions, changes in health care delivery requirements, member needs, market orientation and demand, interest rates, competition and other similar factors over the Term of the Agreement. (i) Kaiser Medical Center Project Site. a. Phase 1. Initial site work would include the construction of additional entrances to the site with associated street and signal improvements, modifications to the current site improvements, major excavation and grading for the hospital site, and completion of the site improvements. Phase 1 shall consist of an approximately 436,000 square foot, six -story 264 bed hospital, a 275,000 square foot, six -story Hospital Support Building, a 31,000 square foot central utility plant, a 20,000 square foot outdoor service yard, and parking necessary to meet the parking demand at any particular phase of construction. Total parking for Phase 1 would include up to 2,100 stalls on a surface parking lot. Phase 1 is anticipated to be open between 2013 and 2015. b. Buildout. Buildout may include the potential expansion of the hospital and/or the construction of new medical offices or other uses after the initial complement of construction is completed and through January 1, 2030. Buildout could include expansion of the Kaiser Medical Center by an additional 375,000 square feet, including a 175,000 square foot, 120 bed expansion of the hospital, the construction of two 100,000 square foot Medical Office Buildings, and the construction of structured parking depending on Developer's facility requirements for the delivery of health care to its members and the community. (ii) Mixed -Use Retail Development Project Site. a. The Mixed -Use Retail Development may consist of 387,000 square feet of retail uses. b. The Mixed -Use Retail Development could also include a residential project consisting of up to 250 one- and two-bedroom apartments or a hotel of up to 210 rooms. C. If the Mixed -Use Retail Development does not include a residential or hotel component, the total square footage of the retail component could be up to 432,000 square feet. (b) Notwithstanding any provision of this Agreement or Title 5, Chapter 4 of the City Administrative Code, City and Developer expressly agree that there is 1410321.1 20