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<br />December 21, 2009 Section 4: Transportation and Land Use <br /> <br /> <br /> <br /> <br />Page 29 <br />corridor route, to allow up to 3,431 new living units (residential and mixed use.) The City <br />estimates that 15% of the 3,431 units may be built by 2015 and 90% will be completed by 2030. <br />San Leandro has also secured $24.46 million in Prop 1C funding for this project from the State <br />of California.18 <br />Phase I of San Leandro Crossings includes: <br /> The Alameda: This 1.25 acre development will feature 100 affordable homes in a 4- <br />story residential apartment building over a single-story parking structure. <br /> Cornerstone: Luxury, multi-family rental community will be built in BART‘s East Parking <br />Lot. 200 units are planned here, which will utilize similar architectural features as ―The <br />Alameda.‖ <br /> Replacement Parking Garage: A three-level, 329 space parking garage will be <br />constructed replacing existing parking spaces in BART‘s East Parking Lot. <br /> Master Plan infrastructure upgrades <br />The City is also pursuing development of two additional priority sites identified in the TOD <br />Strategy - 1550 East 14th Street (the former Albertsons) and Town Hall Square (the <br />Davis/Hays/East 14th Street block). In July 2009, the Redevelopment Agency purchased the 1.7 <br />acre former Albertsons site, following demolition of the 26,000 square-foot building, and plans to <br />enter into an exclusive agreement for development of the site consistent with the TOD Strategy <br />which requires greater density including retail along East 14th Street and residential units above. <br />The developer will also be exploring the <br />possibilities of developing the Town Hall Square <br />consistent with the TOD Strategy which requires <br />greater density, including residential, at the site as <br />well. <br />The TOD Strategy also identified the need for <br />additional parking downtown to allow greater <br />development density. The two-story downtown <br />parking garage, which currently has approximately <br />250 spaces, is being replaced by a four-to-five <br />story parking garage. Construction is scheduled to <br />start in 2010. <br /> <br />18 Source: http://www.ci.san-leandro.ca.us/slcrossings.html - City of San Leandro, San Leandro Crossings