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Exhibit CC 10-05-2010 No. 9 Metropolitan Mixed Use CC 16151/0 METROPOLITAN MIXED -USE ON THE AGENDA OF THE SEPTEMBER 28 PLANNING COMMISSION MEETING IT STATED THAT THE TENTATIVE CITY COUNCIL DATE WAS TO BE OCTOBER 19, 2010, NOT OCTOBER 5TH. AT THE PLANNING COMMISSION MEETING THE METROPOLITAN REPRESENTATIVE APPEARS TO BLAME THE CITY FOR THE DIFFICULTIES OF THE RETAIL PORTION OF THIS PROJECT. DURING 2009 AND 2010 THE CITY AND THE COMMUNITY MET AT LEAST 1 0 TIMES FOR THE HEART OF THE CITY SPECIFIC PLAN CONCLUDING THAT "...THE HEART OF THE CITY AREA SHOULD BE COMMERCIAL ORIENTED WITH RESIDENTIAL AS SUPPLEMENTAL USE." THE METROPOLITAN IS RESIDENTIAL W COMMERCIAL AS SUPPLEMENTAL USE. IN 2004 METROPOLITAN RECEIVE AN EXCEPTION TO THE HEART OF THE CITY MAXIMUM HEIGHT LIMIT OF 35 FEET IN EFFECT AT THAT TIME BECAUSE OF ITS RETAIL COMPONENT. NOW IT IS REQUESTING AN EXCEPTION TO REMOVE THE RETAIL. THE CITY HAS BEEN MORE THAN FLEXIBLE IN CLASSIFYING IN VARYING DEGREES THE VISION, SALON AND MARTIAL ARTS AS RETAIL. THE CITY SHOULD REVIEW ITS LIST OF SALES TAX GENERATORS TO DETERMINE THE AMOUNT OF SALES TAXES FROM THESE TYPES OF BUSINESSES. NONE OF THESE CATAGORIES ARE IN THE LIST OF THE TOP SALES TAX GENERATORS IN CUPERTINO. THE METROPOLITAN REP ALSO STATED THAT THE PROPOSED DENTAL OFFICE WOULD GENERATE SALES TAX. DENTAL OFFICES, AS OPPOSED TO DENTAL LABS PRODUCING A TAXABLE PRODUCT, PROVIDE SERVICES WHICH ARE NOT SUBJECT TO SALES TAX. CUPERTINO COURIER OCTOBER 1, 2010 CUPERTINO LOOKS AT LIFE WITHOUT HEWLETT PARKARD PAGE 1 "THE CITY IS LOOKING TO DIVERSE ITS SALES TAX BASE... PLANNING COMMISSION STAFF REPORT SEPTEMBER 28, 2010 PAGE #1 -3 "RECENT COUNCIL ACTIONS DUE TO THE CURRENT ECONOMIC CONDITIONS, THE CITY HAS IN THE RECENT PAST LESSENED RETAIL USE RESTRICTIONS FOR MIXED -USE PROJECTS, INCLUDING:..." ADOBE TERRACE: THIS CHANGE WAS NOT DUE TO THE CURRENT ECONOMIC CONDITIONS. VILLAGIO: THIS CHANGE IN 2006 WAS PRIOR TO THE CURRENT ECONOMIC CONDITIONS. TOWN CENTER: CHANGE ON TOWN CENTER LANE, AN INTERNAL ROADWAY, NOT DEANZA BLVD, A. MAJOR ARTERIAL STREET. IT IS QUESTIONABLE THAT THE ABOVE CONSTITUTE A PRECEDENT BY THE CITY TO LESSEN RETAIL USE RESTRICTIONS ON MIXED -USE PROJECTS. WITH RESPECT TO THE STATEMENT THAT WHEN THE ECONOMY RETURNS, THE DEMAND FOR RETAIL SPACE WILL RESULT IN TURNOVER OF DENTAL SPACE. THE PLANNING STAFF IS CORRECT IN STATING THAT "MEDICAL /DENTAL OFFICES TYPICALLY DO NOT HAVE A HIGH TURNOVER, PARTICULARLY WHEN THEY ARE OWNERSHIP UNITS. ESSENTIALLY, ONCE A MEDICAL /DENTAL USE OCCUPIES A SPACE, THERE IS LITTLE LIKELIHOOD OF TURNOVER,..." THIS IS DUE TO THE FACT THAT DENTAL OFFICES REQUIRE A HIGH COST OF ELECTRICAL AND PLUMBING IMPROVEMENTS. THIS HIGH CAPITAL IMPROVEMENT RESULTS IN CONTINUED DENTAL OFFICE USE BY SUCCESSOR DENTAL TENANTS. THE REPRESENTATIVE STATED THAT VALLCO AND MAINSTREET CUPERTINO WERE DESIGNED TO BE INTERNAL PEDESTRIAN ORIENTED. YET VALLCO PLANNED TO HAVE 2 RESTAURANTS AT THE NORTHWEST CORNER OF STEVENS CREEK BLVD AND WOLFE. MAINSTREET IS DESIGNED TO HAVE A 3 /4 ACRE PARK ADJACENT TO THE METROPOLITAN, AS SHOWN ON THE ATTACHED MAP. i 1 \ Future Mixed Use - . 4:I Cl�� , \ `r , ` 4 a r► 1 I 4 Major Retail 414', 'r + ®R r r fir, a* 4 J � a P" S q y. 4, 1-1 I -.,li I TT i - rT ;�• — 1 rL � Retail I l � 1 iiul__I II •j ) ? .r I , - , •. s = � I �W> yr � ;� w "'° r er > = ar 7 �;: °' >8ab ®`, .., ,air 6g��� 5 a 711 11-0-1,f— l '�m.esa^ z .. Z lr, [ r rr,. a : ilk . ;; y �I101EP Ntt4 ;III'! a �# iii„ � AP' p,„ '' r, t- , ,.yt ' __ Senior Housing u' a i IN a►. a I w x 3 . T; ..r- -: t - z k ! ['• r*, ', ! i , I Office Over Retail s �� + " � i r rn I ...: ' 'r i .i �llldtli 1(s s i1 �i � " " = $ � p :��' I i ts 9W lll a ie r aa � ' ! , $ 1 c Transp Palms at Square iii f 7"t lir ., r' "' h as ¢ ll 1 Tt o- C 7 rn kit, 411141 . Y ^ . .;, <,.. a ,exa+.: �. lif 6 - `fir, E a ` t \ t w : 9 :'H48g .11eag1 t?4L q a.,9 t '.• Nei 'PYMPtAK. ` h § t ii is 1 S 6 4 4 - 4 ,. �� "rill .: ° ' t r i i i t " +� t 4 s y ? .. • r Retail , { fie Rt xi � ,. I �1iEr _ S {t I in '. i t i S ! I z. ' r� Retall i Jr. \�� a 1 1,11 i . P. Retail Retail �`Q��� v � � A � rk. ,� cc � sdlx f . g :c ; t =:- ,'.' r ■q mr� ra w , I I ! wrt 1 li• - - Y:ii9 it i Ea Y � ' 4Y " i - a � iT I , Transplant Oaks at Entry - - ------- - - - - -� Individual Retail Plazas -- - _ Existing Ash St ■eet Trees in Lawn r STEVENS CREEK @ FINCH MASTER SITE PLAN SAND HILL PROPERTY COMPANY CUPERTINO, CALIFORNIA METROPOLITAN RETAIL IS WEST OF THE PARK MAINSTREET RETAIL IS EAST OF THE PARK, IT IS DESIGNED TO HAVE PEDESTRIAN ACCESS FROM STEVENS CREEK BLVD AS WELL AS FROM THE INTERNAL CORE OF THE PROJECT. CERTAINTY THE METROPOLITAN, AS OTHERS, IS SUFFERING FROM THE ECONOMY, BUT CONVERSELY IT BENEFITED FROM THE DEMAND FOR HOUSING IN 2006 AND 2007. THE METROPOLITAN REP STATED THAT VISIBILITY WAS A PROBLEM. IT IS. THE SIGNS ON THE BUILDING ARE NOT VISIBLE FROM THE STREET BECAUSE OF THE PRESENT LO CANOPY OF THE TREES. THE STREET SIGN FOR THE COMPLEX IS LOCATED AT THE DRIVEWAY ENTRANCE. THE SIGN CAN NOT BE SEEN FROM STEVENS CREEK BLVD AS YOU APPROACH FROM THE EAST, DRIVING WEST. rib 1,04; I • gat LM c yk y tad: q 412141 • • y # !; , A DRIVER AT THE SPEED LIMIT OF 35 MPH WILL NOT SEE THE SIGN IN ORDER TO BE ABLE TO TURN INTO THE DRIVEWAY THE WORDS, METROPOLITAN AT CUPEIRTINO, ARE NOT VISIBLE FROM A DISTANCE. THE ADDRESS IS NOT VISIBLE. THE VISION TENANT OF 4 YEARS IS NOT LISTED, THE SALON IS SOMEWHAT VISIBLE, THE MARTIAL ARTS IS NOT VISIBLE. r ♦ Mb .. • C METROPOLITAN at CUPERTINO s { d i e d" p ti F' yy = n y. A m z f lt'ry5. _w,nG *. a.2a .cac?t . ` x 's' .. ` w.:.,. '' , . i .. sy & . � PARKING REP STATED THAT THE COMPLEX WORKS W SHARED PARKING. IS THAT WHY AT THE PRESENT TIME THERE IS A NEED FOR SECURITY PERSONNEL TO MONITORING THE PARKING IN THE RETAIL AREA? CONDOMINIUM THE CONDOMINIUM HAS BEEN ADEQUATELY ADDRESSED BY THE PLANNING STAFF AND THE PLANNING COMMISSION. DO 5 CONDOMINIUM SPACES REQUIRE DIFFERENT CONSTRUCTION FROM THE EXISTING 2 CONDOMINIUM SPACES WITH RENTALS? DOES CONDOMINIUM SPACE REQUIRE DIFFERENT SEPARATION THAN RENTAL SPACE? THE APPEARANCE OF THE OFFICE COMPLEX APPEARS TO BE IN CONTRAST TO THAT OF THE RETAIL u . t 1 1 I rte` ' : . ;al YY ` 1 ,rfY rit- , • , � ". .m . is „ t "?... :.' " i 4- s fa . t a 0 . " e F , #' .cr y`` '^` a .'. 3 r' 6 • y�, rt, I `R" a � c c ,o fs �f o Cupertino Housing Partners is requesting approval to: • Allow 60% non - retail uses and 40% retail uses in the 6,400 sf retail space in the mixed -use development — Modification to the Use Permit (U- 2003 -04) ■ Allow 60% of non - retail uses along the Stevens Creek Boulevard store frontage Exception to the Heart of the City Specific Plan • Subdivide the 6,400 sf retail space from two existing condominium units to five commercial condominium units L wag .t 1 [. n Approval History • December 2003 — Mixed use development of 107 residential units and 6,400 sf of retail space was approved — Use Permit (U- 2003 -04) & associated applications • October 2004 — 107 residential units approved as condominiums and the creation of two (2) separate ground floor retail condominium units facing Stevens Creek Blvd. by virtue of separating the residential condominiums (Buildings A and B). • Existing Tenants n -, ' ta a 1016 & 1026 . � V]ones Salon , a -' ' -.a Vacant 102A , ° 4 6 1036 Shaolin Martial T - � , •- FF Visique Eye Care �3 � ,� ��d,,,_, _ � Arts . 1 � ;, �e 6 co September 28, 2010 • On a 3 -1 vote (Comm. Lee voted no, Comm. Giefer was absent) the Commission recommended approval of the following: • Modification to the Use Permit to allow up to 60% non - retail uses (Building B) • Exception to the Heart of the City Specific Plan to allow non - retail uses to occupy up to 60% of the project store frontage along Stevens Creek Blvd. • Negative Declaration • On a 4 -0 vote, the Commission recommended denial of the Tentative Map to subdivide the commercial space into five commercial condominium units 2 , - u s rt "" CU R , ' Tentative Map Deny based on the following: • Enforcement issues — Less ability to ensure adherence to conditions with multiple owners & as ownership changes hands • Maintenance issues — Difficult for HOA members to agree on maintenance work with multiple owners; commercial units maintain their own plaza areas fronting Stevens Creek which can lead to inconsistencies • Precluding Possibility of Future Retail Uses — Potential for future retail will not be realized if units are owned individually & they become medical offices even if economy improves • Inability to Enforce CC &Rs — Even though applicant says these solutions can be written into the CC &Rs, the City Attorney notes that the City does not have control over the CC&Rs since they can be amended by the HOA 3