Laserfiche WebLink
City of San Leandro <br />Meeting Date: February 16, 2016 <br />Staff Report <br />Agenda Section:File Number:16-047 ACTION ITEMS <br />Agenda Number:10.A. <br />TO:City Council <br />FROM:Chris Zapata <br />City Manager <br />BY:Cynthia Battenberg <br />Community Development Director <br />FINANCE REVIEW:Not Applicable <br />TITLE:Staff Report for Resolution Authorizing the City Manager to Execute a <br />Purchase and Sale Agreement with Sansome Pacific Properties, Inc. for Sale <br />of the City-Owned Parking Lot at 1188 East 14th Street (APN <br />077-0447-007-01) <br />SUMMARY AND RECOMMENDATIONS <br />Staff recommends that the City Council approve the attached Resolution authorizing the City <br />Manager to Execute a Purchase and Sale Agreement with Sansome Pacific Properties, Inc. <br />for Sale of the City-owned Parking Lot at 1188 East 14th Street, thereby facilitating the <br />development of this transit-oriented opportunity site and generating approximately $1.2 million <br />in revenue for the General Fund. <br />BACKGROUND <br />The adoption of the Downtown San Leandro Transit-Oriented Development (“TOD”) Strategy <br />in 2007 included the identification of several opportunity sites that were determined to be <br />well-suited to the high-density, walkable development characteristics envisioned in the plan. <br />One of the opportunity sites is the block bounded by East 14th Street, Callan Avenue, Hyde <br />Street, and Chumalia Street, which is comprised of a corner parcel and building owned by <br />CVS Health (“CVS”), a mixed used property controlled by the Portuguese Fraternal Society of <br />America (“PFSA”), and a City-owned parking lot. This block was selected because of its <br />central location at the most significant intersection in Downtown San Leandro and because <br />the existing development is relatively low density as it is made up of one- and two-story <br />buildings and a large surface parking lot. By contrast, the TOD Strategy envisioned <br />higher-density, mixed use development that would support a more vibrant and <br />pedestrian-friendly downtown. <br />At the time of the adoption of the TOD Strategy there was little opportunity for new <br />development at this location because CVS (then known as Long’s Drugs) was operating a <br />pharmacy on the corner parcel and had a long-term lease for non-exclusive use of the <br />Page 1 City of San Leandro Printed on 2/10/2016