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HomeMy WebLinkAbout4.0_Residences at 1400 Bristol Street_Staff Presentation_PA2022-0296RESIDENCES AT 1400 BRISTOL STREET Planning Commission, Public Hearing December 7, 2023 Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296) PROJECT LOCATION 2 Project Site Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296) PROJECT DESCRIPTION •Demolition of existing two office buildings •Totaling 38,764 SF •Construction of 229 apartment units •203 market rate units •23 affordable units (very-low income households) •Podium style construction •Five levels of residential units •One level of on grade parking •Two levels of subterranean parking •422 parking spaces total •Pedestrian bridge over Spruce Street 3 Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296) ENTITLEMENTS REQUESTED •General Plan Amendment •General Commercial Office (CO-G) to Mixed-Use Horizontal (MU-H2) •Add 64 dwelling units •Planned Community Amendment •Residential Overlay •Major Site Development Review •Affordable Housing Implementation Plan •Traffic Study •Development Agreement •Addendum to the 2006 General Plan EIR •CEQA 4 Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296) Units Based on Existing Nonresidential Uses 89 Additional Units Per Proposed General Plan Amendment1 64 Total Base Units 153 Density Bonus (50%)77 Total Units Permitted 230 Total Units Provided 229 DWELLING UNIT SUMMARY 5 Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296) 6 Spruce StreetBristol Street Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296) PEDESTRIAN BRIDGE 7 Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296) RENDERINGS (BRISTOL/SPRUCE INTERSECTION) 8 Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296) DENSITY BONUS AND AHIP 9 Development Standard Waivers: •Park dedication requirement •½ Acre •Residential density •50 DU/AC vs. 96 DU/AC •Street setbacks •30 feet required vs. 8 feet (Spruce) and 18 feet (Bristol) •Building height •55 feet vs. 85 feet •Private open space •Studios •Common open space •17,175 SF vs. 13,800 SF Incentive/concession •Modify Affordable Unit Mix Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296) DEVELOPMENT AGREEMENT 10 •Under negotiation •10-year term •Includes public safety fee •Includes park fee •Similar to Newport Airport Village: •General Public Benefit Fees: $13,513.51/unit •Public Safety Fees: $2,252.25/unit •Adjusted by CPI Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296) CEQA ADDENDUM AND TRAFFIC STUDY 11 Addendum to the 2006 General Plan EIR •No new environmental analysis is necessary unless certain thresholds are triggered. •All potential impacts associated with this Project would either be the same or less than those described in the EIR that have been appropriately mitigated •No substantial changes to the circumstances and no new information regarding the potential for new or more severe significant environmental impacts been identified Traffic Study •Net increase of 624 trips •No impacts to local intersections •No mitigation required Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296) REVISIONS TO CONDITIONS OF APPROVAL 12 •Typographical errors and repetitive conditions •Numbering Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296) REVISIONS TO CONDITIONS OF APPROVAL 13 Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296) REVISION TO “EXHIBIT C” OF RESOLUTION 14 Table LU2 Anomaly Locations AnomalyNumber StatisticalArea Land Use Designation DevelopmentLimit (sf)Development Limit (Other)Additional Information 16 L4 CO-G/MU- H2 344,231 64 Dwelling Units 89 dwelling units were converted from two existing office buildings totaling 38,764 square feet consistent with LU 6.15.5 and 64 dwelling units were added through a GPA at 1400 Bristol Street (PA2022-0296) Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296) RECOMMENDATION AND NEXT STEPS Recommendation •Planning Commission adopt resolution recommending approval of project to City Council Next Steps •Airport Land Use Commission Review •City Council Public Hearing(s) 15 Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296) THANK YOU Liz Westmoreland, Senior Planner 949-644-3234 or lwestmoreland@newportbeachca.gov 16 Planning Commission - December 7, 2023 Item No. 4c - Additional Materials Presented at Meeting Residences at 1400 Bristol Street (PA2022-0296)