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City of San Leandro <br />Meeting Date: September 15, 2014 <br />Staff Report <br />File Number: 14-345 Agenda Section: CONSENT CALENDAR <br />Agenda Number: 8.G. <br />TO: City Council <br />FROM: Chris Zapata <br />City Manager <br />BY: Uchenna Udemezue <br />Engineering & Transportation Director <br />FINANCE REVIEW: David Baum <br />Finance Director <br />TITLE: Staff Report for a Resolution Approving Parcel Map 10213 for 1400 San <br />Leandro Boulevard; Assessor's Parcel Number 075-0039-007-05; Owner: San <br />Francisco Bay Area Rapid Transit District; Sub -divider and Applicant: BRIDGE <br />Housing Corporation <br />���J►�il��i/_1:T/_1�U77x�%]►�iIJiI��UT��[�P►!;� <br />Staff recommends adoption of the resolution approving Parcel Map 10213. <br />BACKGROUND <br />The subject property is located at 1400 San Leandro Boulevard and consists of one parcel <br />that is owned by the San Francisco Bay Area Rapid Transit District (BART). The property is <br />currently used as a parking lot for the San Leandro BART station, which is to the west of the <br />site and across San Leandro Boulevard. The property is bound to the north by Saint Leander <br />School, to the east by Carpentier Street and the Pacific Plaza residential complex, and to the <br />south by West Juana Avenue and smaller single family residences. The site is currently zoned <br />DA -4(S), Downtown Area, Special Overlay District and will remain as such. <br />Originally, a 200 -unit multi -family residential development project and BART replacement <br />parking at 1400 San Leandro Boulevard was approved for construction by Site Plan Review <br />Approval, PLN2008-00030, to Westlake Development Partners, LLC (Westlake). At nearly the <br />same time, in early 2009, BRIDGE Housing Corporation (BRIDGE) was awarded entitlements <br />to construct a 100 -unit affordable rental housing development between Alvarado and Martinez <br />Streets, west of the BART station. In spring 2012, the economics for a 200 -unit multi -family <br />residential development were not sufficient to continue the project. Westlake subsequently <br />transferred its entitlements to BRIDGE, which had the necessary tax -incentive financing to <br />make the project successful. BRIDGE subsequently adjusted its development plans at 1400 <br />San Leandro Boulevard to provide for a total of 200 affordable and senior rental housing units. <br />Analysis <br />City of San Leandro Page 1 Printed on 9/9/2014 <br />