Loading...
HomeMy WebLinkAboutRDA 04 OWNER PARTI. 05-04-98AGENDA DATE: MAY 4, 1998 · 'RDA NO. 4 ~ '-*" 5-4-98 Inter-Com TO: FROM: SUBJECT: WILLIAM A. HUSTON, EXECUTIVE DIRECTOR REDEVELOPMENT STAFF SOLICITATION OF OWNER PARTICIPATION IN CERTAIN PROPERTY WITHIN THE PACIFIC CENTER EAST PI.ANNING AREA 2 SUMMARY: Agency approval is requested to authorize staff to transmit Statements of Interest to property owners and business occupants for the area identified as Planning Area 2 in the Pacific Center East Specific Plan. RECOMMENDATION Authorize staff to transmit Statements of Interest to property owners and business occupants for the area identified as Planning Area 2 of the Pacific Center East Specific Plan. FISCAL IMPACT No direct fiscal impacts on the Redevelopment Agency are anticipated at this time. If the solicitation results in a proposal for developing the site by a property owner or business occupant, and any subsequent negotiations result in a recommended Disposition and Development Agreement (DDA), the fiscal impacts of such an agreement will be discussed at that time. BACKGROUND The Redevelopment Agency has received a request from a property owner located in Planning Area 2 of the Pacific Center East Specific Plan area expressing a desire to pursue the development of Planning Area 2 in conjunction with the Agency and other property owners in the area. Planning Area 2 is comprised of the properties located at 1021-1231 E. Edinger Street and described as Assessor's Parcel Nos. 430-252-5,6,7,8, and 9. The site is also within the South/Central Redevelopment Project Area. The South/Central Redevelopment Plan was adopted in August, 1983 and amended in July, 1985 and November, 1994. It provides the Community Redevelopment Agency with powers, duties, and obligations to implement and further the redevelopment, rehabilitation, revitalization and maintenance of the South/Central project area. Over the last several years, the City of Tustin and its Community Redevelopment Agency has embarked on a series of programs to revitalize property within the South/Central project area. This commitment to revitalization of the South/Central project has been demonstrated by development of the Micro Center project at Del Arno Avenue, development of Tustin Grove, a project of 140 new single family homes at William A. Huston May 4, 1998 Page 2 Newport Avenue and the Southem Califomia Rail Authority right-of-way, and design work for a new'SR-55 ramp at Edinger and the extension of NewpOrt Avenue south to Valencia. The Community Redevelopment Agency also acquired the former Case Swayne property at 1021 E. Edinger Street. A portion of the acquisition site will be necessary for the extension of Newport Avenue but there will be an approximate 1.4-acre remainder parcel of land east of the future Newport Avenue right-of-way that will be made available for redevelopment. In 1991, the City also adopted the Pacific Center East Specific Plan as a major device for implementing the City of Tustin General Plan and Redevelopment Plan for the approximately 126-acre portion of the South/Central Redevelopment Project Area. The Specific Plan area is generally bounded by SR-55 freeway on the west, the railroad fight-of-way on the north, Red Hill Avenue on the east, and Valencia Avenue on the south. The Specific Plan calls for the collaborative planning for furore development of the individual planning area and submission of a conceptual development plan for approval by the Planning Commission and Redevelopment Agency prior to the submission of an initial subdivision map or development project. The Pacific Center East Specific Plan serves as both a planning and a regulatory tool. The overall concept of the Specific Plan is to provide a planned community development, which encourages a variety of offices, commercial, regional, and technology uses. Design objectives for the Specific Plan include creation of a project identity for the Plan area encouraging architectural design of the highest quality, the integration of existing uses, new development and potential redevelopment uses along with the design of building height and bulk limitations which conform to the land use intensity in a given "planning area." The plan calls for more intense land uses to be concentrated at the southwesterly portion of the Plan area with the potential development intensity diminishing toward the north and northwesterly edges of the Plan area, including Planning Area 2 in proximity to existing residential uses. Agency staff has prepared a draft letter requesting Statements of Interest from property owners and business occupants in the area encouraging their participation in identifying future development for Planning Area 2 (Attachment A). The planning process may also identify suitable disposition options for the City-owned Case Swayne parcels. The Agency would expect to receive responses back within 30 day and then would evaluate the feasibility of individual interest responses or any specific proposals. Staff would expect returning to the Agency in the near future to review the disposition options and provide recommendations to the Agency for proceeding with the development of the planning areas. Christine A. Shingleto~ Assistant City Manag~Cr J(trnes ~raughon~/j' Senior Project Manager Attachment ATTACHMENT A / k. "N r !.!.1 May 5, 1998 Owner/Business Occupant Address City Re: Pacific Center East Specific Plan - Planning Area 2 Participation, Solicitation of Statements of Interest Dear Property Owner or Tenant: The Tustin Community Redevelopment Agency has interest in specifically seeing the revitalization of properties located at 1021-1231 E. Edinger Street and described as Assessor's Parcel Nos. 430-252-5,6,7,8, and 9 (Exhibit A) in Tustin, California. The subject site is located within the South/Central Redevelopment Project Area and Planning Area 2 of the Pacific Center East Specific Plan (Exhibit B).,, The South/Central Redevelopment Plan was adopted in August, 1983 and amended in July 1985 and November, 1994. It provides the Community Redevelopment Agency with powers, dutieS, and obligations to implement and further the redevelopment, rehabilitation, revitalization and maintenance of the South/Central project area. Over the last several years, the City of Tustin and its Community Redevelopment Agency has embarked on a series of programs to revitalize property within the South/Central project area. This commitment to revitalization of the South/Central project has been demonstrated by development of the Micro Center project at Del Amo Avenue, development of Tustin Grove, a project of 140 new single family homes at Newport Avenue and the Southern California Rail Authority right-of-way, and design work for a new SR-55 ramp at Edinger and the extension of Newport Avenue south to Valencia. The Community Redevelopment Agency also acquired the former Case Swayne property at 1021 E. Edinger Street, parcels 5 & 6, as shown on Exhibit A. A portion of the Case Swayne site will be necessary for the extension of Newport Avenue but there will be an approximate 1.4 acre remainder parcel of land on the east side of the future Newport Avenue right-of-way that will be made available for redevelopment. In 1991, the City also adopted the Pacific Center East Specific Plan as a major device for implementing the City of Tustin's General Plan and South/Central Redevelopment Plan for this part of the South/Central Redevelopment Project Area. The Specific Plan area is generally bounded by SR-55 freeway on the west, the railroad right-of-way on the north, Red Hill Avenue on the east, and Valencia Avenue on the south. The Pacific Center East Specific Plan serves as both a planning and a regulatory tool. The overall concept of the Specific Plan is to provide a planned community development, which encourages a variety of offices, commercial, regional, and technology uses. Design objectives for the Specific Plan include creation of a project identity for the Plan area encouraging architectural design of the highest quality, the integration of existing uses, new development and potential redevelopment uses along with the design of building height and bulk limitations which conform to the land use intensity in a given "planning area." The plan calls for more intense land uses to be concentrated at the southwesterly portion of the Plan area with the potential development intensity diminishing toward the north and 'northwesterly edges of the Plan area, including Planning Area 2 in proximity to existing residential uses. In conjunction with the Specific Plan's design'and land use goals within the South/Central Redevelopment Project Area, the Tustin Community Redevelopment Agency is also interested in revitalizing and redeveloping the subject properties identified in paragraph one above. These five parcels, when coordinated as a single, planning areatwould comprise a site of approximately 8.0 acres. The Specific Plan envisions a commercial center on the site that will complement surrounding and planned land uses in the area. It is the specific intent of the Plan that a minimum of 70 percent of the gross floor area of any development on the subject site would be retail uses with office uses not exceeding 10 percent of the gross floor area. It is also the Agency's desire to see any new development or revitalization activities on the north side of Edinger play a more significant role and become more fully integrated in creating an image for the Pacific Center East project area. To this end, the Agency does not see that the Pacific Center East image would be enhanced by automobile service or parts supply uses. The subject site is designated for a commercial center, which calls for freestanding or commercial.center uses. Uses permitted within the commercial center designation include financial institutions, sporting goods, clothing, business/office supply, and other destination and service uses. As an owner or business occupant of a portion of the site, the Agency is now inviting you to respond to the attached Statement of Interest (Exhibit C) indicating your interest in rehabilitating or developing the subject site consistent with the Agency's goals and objectives, including the implementation of the Specific Plan. The Redevelopment Agency has adopted rules governing participation by property owners and business occupants in the South/Central Redevelopment Project. These rules require the Agency to first notify owners and business occupants to respond to a Statement of Interest before entering into any Exclusive Negotiation Agreements or Disposition and Development Agreements. We are forwarding to you the Agency's rules governing participation included as Exhibit D. In these rules, your participation is not limited solely to the property that you own or occupy on the subject site. Please identify any proposal of your own for revitalizing, rehabilitating or redeveloping the subject site including the Agency- owned parcel, or your own property or business, consistent with the objectives identified above. Jad/pacctreast/opaltr We would encourage collaborative planning between or among property owners and business occupants on the subject site in defining specific development proposals for the site. A list of owners and business occupants is included as Exhibit E. We invite all owners and business occupants on the subject site to send the Statement of Interest on all or any portion of the site to the Agency within 30 days or not later than June 5, 1998. Should you wish to submit a proposal for the subject site that includes Agency assistance, you should also submit the information included in Exhibit F. This letter is not an offer to purchase property_ nor a notice of intent to acquire property_. If you have any questions or wish to discuss your property or your participation rights in more detail, please call me at (714) 573-3121. Sincerely, James Draughon Senior Project Manager cc: Christine Shingleton Elizabeth Binsack Jad/pacctreast/opaltr