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The Team has taken into account many factors while conceptualizing this site, including the City’s goals for a high <br />quality mixed use development, proximity to the BART station, the visual appearance and pedestrian experience from <br />the street level, views and proximity to San Leandro Creek, rooftop elements and overall appearance of the project. Once the additional parcels are acquired (parcels 4 and 8), the project is envisioned to be a total of 1.2 acres and <br />will include 119 residential units over a vibrant, two-level retail component. We have not considered Parcel 9 owned by Chevron USA for this proposal. However, we are prepared to purchase this parcel, should the opportunity arise. <br />The retail component at this time is flexible with anticipated uses as being financial service and food business tenants. Currently the Team is conducting additional market research to determine the most needed and marketable <br />retail tenant mix. <br />177