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The Agency will convey the Site in "as is" condition pursuant to the terms and conditions of the <br /> Agreement. The Agency is not responsible for the cost of any remeditation that might be required <br /> after conveyance of the Site to the Developer. <br /> B. Project <br /> The project ( "Project") will consist of construction of a high quality, first class office complex. <br /> The architectural features and building materials will be of a higher quality than would typically <br /> be found in a standard first class office complex at this location in San Leandro. Core <br /> components of the Project include construction of the following: <br /> • Three 3- and 4 -story office buildings with approximately 203,000 sq.ft. of gross <br /> building area (GBA). Within the Project, there will be approximately 194,000 <br /> sq.ft. of net rentable area (NRA) of office space plus common areas; <br /> • A ground -floor restaurant within the office complex, containing 2,700 sq.ft. of <br /> NRA; <br /> • A minimum of 636 parking spaces, of which 116 spaces are in a single parking <br /> deck of about 39,000 sq.ft. There will also be with extensive surface parking lot <br /> landscaping; and <br /> • High quality site amenities, including an upgraded plaza with a fountain at the <br /> comer of San Leandro Boulevard and Davis Street. <br /> Overall, the Project must conform to the provisions and development standards contained in the <br /> proposed Agreement, including the high quality of design, building materials, the parking deck, <br /> and the requirement that the entire Project be developed at one time. If these conditions change, <br /> then the findings in this analysis are subject to change. <br /> (281 <br /> Keyser Marston Associates, Inc. <br /> 19096.026\002 -0OI.doc Page 9 <br />