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File Number: 13-452 Innisfree and based on input from the community created the Village Marketplace project which included the following features: ·Quality retailers and a specialty grocery store (Fresh & Easy, Peet’s Coffee & Tea, Chipotle and AT&T) ·Outdoor dining opportunities and a generous plaza for people to gather ·Retail activity along East 14th Street with parking behind the buildings ·Superior architecture, building materials, landscaping and a public art component ·Off-site improvements including pedestrian friendly streetscape and angled public parking. The development of Village Marketplace was negatively impacted in June 2011 when the State froze redevelopment agency activities thereby making it impossible for the Redevelopment Agency to sell the parcel as planned. Progress on the plans, however, continued with numerous public workshops. Then, on December 29, 2011 the State Supreme Court upheld AB x 1 26 which eliminated redevelopment agencies as of February 1, 2012. In April 2012, the entitlements for Village Marketplace were approved by the Planning Commission and in May 2012, Council approved the plans. Concurrently, the City Council, serving as Successor Agency to the City of San Leandro Redevelopment Agency , entered into a Disposition and Development Agreement (DDA) with Innisfree for the sale of the Site for $2.25 million, based on an income approach to valuation. The DDA was subsequently approved by the Successor Agency Oversight Board and the State Department of Finance. Additional terms of the DDA included the following provisions : ·Innisfree agrees to pay the Successor Agency an additional $250,000 if a full-service restaurant is not opened on the Site. ·Innisfree to include, at developer’s expense, a public art component, new public sidewalks, street trees and bike racks. ·Innisfree, its contractors and agents shall comply with prevailing wage laws. ·Innisfree shall maintain the Village Marketplace and surrounding public improvements at its own expense including the landscaping and common areas. In December 2012, Fresh & Easy, the Village Marketplace’s anchor tenant , exited the US market and terminated its lease. The development was again placed on hold and time was provided for the developer to identify a replacement anchor tenant. Innisfree has identified CVS as the replacement anchor and made modifications to the site to accommodate this tenant. The tenant Chipotle was replaced with The Habit Burger and both Peet’s and The Habit Burger prefer CVS as an anchor and remain committed to the revised development plan. Staff has been working with CVS and Innisfree to ensure that the revised plans continue to represent the highest quality of standards in all areas. The revised plans will be presented to the City Council at the work session. Elements of the plan include: ·Three separate retail buildings. Two along E. 14th Street - One for Peet’s, The Habit Burger and a 1,200 square foot available space, and a second at the corner of E. 14th Street and Dolores to be leased to AT&T. Plus, a standalone building for CVS along Juana. ·A generous and attractive plaza offering outdoor dining for The Habit Burger , a fountain, two art display panels of Raymond Lowey’s tiles, granite seat benches, decorative lighting with hanging baskets, art bike racks, and decorative paving. ·An additional outdoor area for Peet’s customers including a seat wall and bicycle racks . ·New sidewalks, curbs and gutters and additional street trees with decorative grates along E. 14th and Juana. Page 2 City of San Leandro Printed on 9/4/2013