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III; <<' D EXISTING ENVIRONS j a.c �` t,. �f } °� �'�18 "�: 1 <br /> ?'S' a:: .. ??Cf Ea.3 ✓�:.CYe'�*.4.d44R. ^:c'kSr..YW:4+...w vCv;:nxn:YU9cat\ih'KvM.t. N•pxaa.MM.5;.5.rh!GYn3`. � a o;Sw�3+�i K<�'S:sw1` t'�� <sh`u/.Y3 <br /> The site, on which the Project will be constructed, is located in the northerly industrial section of <br /> San Leandro, on the north side of Marina Boulevard between Interstate 880 and Pacific Avenue, <br /> in the Joint County of Alameda -City of San Leandro Redevelopment Project Area. The subject <br /> site consists of three parcels held in multiple ownerships. The parcels are improved with older <br /> commercial structures and a single- family residential dwelling converted to office. One of the . <br /> three component parcels of the Agency Assemblage is contaminated by toxics, due to prior usage <br /> as a gasoline service station. Most of the businesses on surrounding parcels are housed in older, <br /> concrete block structures that are deteriorated and in need of repair or renovation, as well. The <br /> existence of contamination, incompatible uses, deteriorating structures, and other factors hinder <br /> the economic viability of all of these sites and are conditions that cause this area to be blighted. <br /> The subject site fronts on the north side of Marina Boulevard, a major public thoroughfare. <br /> Marina Boulevard has a full interchange with Interstate 880, as well, but the automobile <br /> dealership sites have no highway frontage nor are they visible from the freeway. The site is <br /> located across the street from the very successful Marina Square Shopping Center, a value <br /> oriented power center with Interstate 880 identity. To the south and east the neighborhood is a <br /> mix of commercial and industrial uses. To the north and northeast of the subject site is an older, <br /> modest residential neighborhood. <br /> Access to the site is only fair; as a result of traffic configuration. .There is a painted median along. . <br /> Marina Boulevard in the area of the overall.site, requiring vehicles. traveling eastbound on Marina. • • . <br /> Boulevard to make U -turns at Teagarden Street to access a portion of the site (1066 -1072 Marina. <br /> Boulevard). 1152 Marina Boulevard is at a signalized intersection, however, and has good <br /> access. <br /> The Redevelopment Agency has determined that the subject site and.additional sites on the north <br /> side of Marina Boulevard are ideal for construction of several automobile dealerships. The <br /> transformation of this blighted industrial location into a site for several new automobile <br /> dealerships and one used automobile facility will dramatically improve this underutilized area. <br /> The Project will result in the removal of blight by the.demolition and/or renovation of older <br /> buildings and the environmental remediation of contamination in the area. The Project supports <br /> the Agency's goal of reinforcing and expanding the commercial node started with the Marina <br /> Square Shopping Center and providing a catalyst for additional private investment in the Project <br /> Area. The Project also increases employment, both during the construction phase and thereafter, <br /> increases the real property tax base; and produces greater sales and use taxes for the City. Thus, <br /> the Agency is entering into an agreement in order to achieve its objective to remove blight that <br /> currently exists on -site and to enhance its tax base. The ability of the Agency to assemble a site <br /> KEYS ER MARSTON ASSOCIATES INC. <br /> 1909610014003.doc Page 7 <br />