Residential Capacity Allocation (RCA 2019-70236)

RResidential Capacity Allocation(RCA 2019-70236)

Mill Creek Mixed-Use Project 500 East Thousand Oaks Blvd.

City CouncilJanuary 26, 2020

Item No. 9A

• Initiate General Plan Amendmentand allocate Measure E units

• Allow concurrent processing

• Pre-Screen - evaluate concept forMeasure E unit allocation

Request

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Background

September 2017 – City Council approved Economic DevelopmentStrategic Plan

Vision focused on City’s economic growth over next 10 yearsSubject site 1 of 6 opportunity sites in the City

December 15, 2020, pre-screen policy amended

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Item No. 9A

Pre-screening ProcessRequired for Measure E unit allocation

Evaluates concept according to criteria adopted by City Council inDecember 2020 (Res. 2020-055)

Conceptual-level review through land useDesign details addressed through formal application review process

Approval of prescreen ddoes not mean project is approved- only that itcan go through normal review and evaluation process.

Formal application within 12 months

If allowed to go forward, the project will be refined

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Where We Are Tonight

Pre-screen Pre-application ApplicationSubmittal Environ. Analysis

Planning Commission

Hearing

City Council Hearing

We are Here

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Item No. 9A

Pre-Screening Process

Key Considerations: 1. Project Setting;2. Conceptual Plan;3. RHNA;4. Concept Features; and5. SP-20

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Concept Plan Summary

Key Project Components: Village-square concept;Residential w/ commercial component;6 buildings (4 mixed-use);300 units proposed (235 Measure E units); and26 affordable units

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Item No. 9A

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Project Site

HODE

NCAM

P RD

.N

8Looking Southeast

OAK TREE

OAK TREE

HIGH VOLTAGE LINES

Item No. 9A

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Looking SouthTHOUSAND OAKS BLVD.

OAK TREE

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Conceptual Site Plan

MIXED-USE

APARTMENTSAPARTMENTS

Valley Oak

MIXED-USE

Item No. 9A

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Surrounding Land Uses

SITE

N

Commercial Commercial

CommercialResidential

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Concept Features / SP-20

Item No. 9A

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Regional Housing NeedsCity unmet need

64 very low-income and 56 low-income

14% very-low and low income26 affordable unitsExceeds state minimum of 11% for a 35% density bonus (21 affordable units)

• 3 protected valley oak trees and 1 coast live oak on-site

• Within proposed landscape areas with limited encroachments

• No removals

Oak Trees

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Item No. 9A

Next Steps if Prescreen Approved

• Pre-Application

• Formal Applicationo General Plan Amendment, Special Use Permit, Development

Agreement, Lot Merger, Protected Tree Permit

• Environmental Review

• Planning Commission Review & Recommendation

• City Council Action

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1. Adopt a Resolution to:a) Initiate a General Plan Amendment

to allocate 235 units

b) Allow concurrent processing oflegislative actions and entitlements.

City Council Options2. Deny the allocation of 235 units

for the proposed project.

OR

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Item No. 9A

Item No. 9A