Title
Staff Report for a Resolution Approving Parcel Map 10213 for 1400 San Leandro Boulevard; Assessor's Parcel Number 075-0039-007-05; Owner: San Francisco Bay Area Rapid Transit District; Sub-divider and Applicant: BRIDGE Housing Corporation
Staffreport
SUMMARY AND RECOMMENDATIONS
Staff recommends adoption of the resolution approving Parcel Map 10213.
BACKGROUND
The subject property is located at 1400 San Leandro Boulevard and consists of one parcel that is owned by the San Francisco Bay Area Rapid Transit District (BART). The property is currently used as a parking lot for the San Leandro BART station, which is to the west of the site and across San Leandro Boulevard. The property is bound to the north by Saint Leander School, to the east by Carpentier Street and the Pacific Plaza residential complex, and to the south by West Juana Avenue and smaller single family residences. The site is currently zoned DA-4(S), Downtown Area, Special Overlay District and will remain as such.
Originally, a 200-unit multi-family residential development project and BART replacement parking at 1400 San Leandro Boulevard was approved for construction by Site Plan Review Approval, PLN2008-00030, to Westlake Development Partners, LLC (Westlake). At nearly the same time, in early 2009, BRIDGE Housing Corporation (BRIDGE) was awarded entitlements to construct a 100-unit affordable rental housing development between Alvarado and Martinez Streets, west of the BART station. In spring 2012, the economics for a 200-unit multi-family residential development were not sufficient to continue the project. Westlake subsequently transferred its entitlements to BRIDGE, which had the necessary tax-incentive financing to make the project successful. BRIDGE subsequently adjusted its development plans at 1400 San Leandro Boulevard to provide for a total of 200 affordable and senior rental housing units.
Analysis
The subject parcel is approximately 2.27 acres, and located a...
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