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Home My WebLink AboutITEM 12-DEVELOPMENT AGREEMENT 2024-0003Irvine Company Apartment Project DA-2024-0003 DR-2024-0013 SUB-2024-0004 (VTTM 19353) Density Bonus Request City Council Meeting FEBRUARY 4, 2025 Proposal Applicant, Irvine Company General Plan Designation - Tustin Legacy Specific Plan Zoning ClassificaLIVIL SP 1 —Tustin Legacy Project Summary: ❖ Six apartment buildings •:* 0.66-acre publicly accessible park 4: 1,336 apartment units 0 1,002 market rate units * 334 affordable units Site Location o Neighborhood: D South - Tustin Legacy Specific Plan (TLSP) o Size: 19.4-acres o West, The Landing Condominiums o East: Amalfi Apartment Homes o North & Northwest: Tustin Legacy Linear Park o Soutneas-, District Shopping Center U �5 L $ f 6n Project .Site rf EE WARN ER AUNUf Future Park and 4 Playground ; �o � r• � et " AmW :.. N The Landing v k y / y � r r A � r y i 5 alfi W Requests 1. Design Review (DA 2024-0003) Application: Review of architectural design and site layout, including apartment buildings, a publicly accessible park, open space areas, and other amenities. 2. Subdivision (SUB 2024-0004) Application: Vesting Tentative Tract Map (VTTM) 19353 to create six (6) development lots and one (1) community lot for a publicly accessible park. 3. Development Agreement (DA 2024-0003) Application: An agreement needed to secure public benefits, project phasing, timing of development as set forth in the DDA, construction of infrastructure and public facilities, affordable housing obligations, maintenance agreements, etc. 4. Density Bonus Request: A request to increase the site density from 708 base units to 1,336 units (88.75% density bonus), and to request development standard reductions/waivers from maximum setbacks, private open space, and parking stall dimensions. Project Overview BUILDING DESIGN -- Three building blocks (2 buildings per block) ❖ Apartment units "wrap" around a parking structure. ❖ Apartment buildings range from 4 to 5 stories. ❖ A mixture of 1, 2 and 3-bedroom units. ❖ Floor plan sizes for units range from 592 to 1,513 sf. ❖ Architectural style is "Modern Classic". Each building has unique architectural features and detailing. Affordable Units 1,336 Apartment Units 1,002 Market Rate Units 334 Affordable Units Very Low -Income: 71 Units Low -Income: 263 Units All affordable units are in Buildings 5 & 6. Four (4) on -site manager units are included in the affordable block Irvine Company intends to partner with an affordable housing developer to construct and operate affordable units. --, Project Phasing Construction of 1,336 units is proposed in two (2) phases. Affordable housing will be included in both phases. Very Low -Income: 71 Units o Low -Income: 263 Units Publicly accessible park and cafe included in Phase 1. Affordable Units o T�3 PHASING PIL41M PHASE 1: 10 F BLDG 1. 2 & 5: 644 DU PHASE 2: BLDG 3, 4 & 6: 692 DU Project Overview PARK: ❖ 0.66-acres Publicly accessible, privately maintained Centrally located @ the corner of Compass Avenue & Swaim Way Commercial cafe adjacent to park with indoor & outdoor seating ❖ Includes a "dog park" area MAIL Y FLEX LAWN A0, 5 —� w � 1 DOG PARK ._ F RETAIL/CO-WORKING PATIO RETAIL/C0-WORKiNG LOBBY STOOP ENTRI ES TO PRIVATE IFITNESS RESIDENCES GAME TABLES/LOUNGE SEATING PRIVATE UNIT PATIO BUILDING 2 SHADED LOUNGE SEATING 'PUBLfCLYACCE5518LE PARXAND RASED RouNDARfESARE Publicly Accessible Park - Mature Canopy Trees - Shaded Seating Areas - Flex Lawn Area Dog Park - Game Tables Paseo Edge Refer to Civil Plans for the Publicly Accessible Paseo Boundary Resident Access Points 0 F:7 16-:4 163 gtgo ILI .4. Remembering what connects us. kf Building Design (bldgs. I & 2) � w1wr Building Design (bLdgs. 3 & 4) zr oop, 0 L- I V&E OF WNTRA-6-11 -DOW FRAMES AND USE Of BRICK VENEE4 AT METAL PANELING ON WINDOW STACKING. SU CORNEA LpCAT14N5. V$E OF HEAVY CORNICE pN THE 3RD I- - EL AND BALCONY FAILING ACCENT. USE OF CONSISTENT BALCONY OPENINGS AT ALL LEVELS ON THE PRDIEiTED FACJ�6E FIT- MENT. USE OF HORIZONTAL STONE INSET OF JULIET BALCONIES AND THEIR BANDS AND VA"K PATTERNS. RAI IINGS. W) -Ld-ng Design (bLdgs. 5 & 6) Rev-sed vul 1 1 ,- ■i F �r 1 - ■ a 11 r. rr J I I■ Remembering what connects us. Site Circulation ❖ Parking access points Vehicular access on Compass Ave., Airship Ave, and Swaim Way No access on Legacy Road (secondary arterial) Signalized intersections: Warner Ave. Legacy Road Swaim Way Tustin Ranch Road a�Rskl- 5 L GARAGEACC Density Bonus Law: Parking Ratios •'• Minimum parking requirement per California Density Bonus law: Studio/1-Bedroom = 1 parking space 2- & 3-Bedroom = 1.5 parking spaces Project complies per California Density Bonus law Provides 368 additional spaces for market rate buildings Unit Bedroom State Density Bonus Proposed Mix Parking Requirement Parking 1 bd @ 160 units Building 1 244 stalls 304 stalls 2 bd @ 56 units 1 bd @ 165 units Building 2 290 stalls 382 stalls 2 bd @ 83 units 1 bd @ 190 units Building 3 358 stalls 477 stalls 2 bd @ 112 units 1 bd @ 152 units Building 4 272 stalls 369 stalls 2 bd @ 80 units 1 bd @ 90 units Building 5 2 bd @ 45 units 226 stalls 226 stalls (Affordable) 3bd@45units 1bd@79units Building 6 2 bd @ 40 units 198 stalls 198 stalls (Affordable) 3 bd @ 39 units Total - 1,588 stalls 1,956 stalls Density Bonus: Reduction of Private Open Space ❖ TLSP requires 100 sf of private open space per unit. Applicant proposes an average of 22 sf per unit (50% have private balconies or patios). Each apartment building block has inrinnr nrixinfn omnnifinc nnnl A. ni ifrinnr jwk 5 PARK 0 Density Bonus: Reduced Parking Stall Size ZLWWM� ,m7m NPLLL P=2LN wymum VRALLUMMA M1J Density Bonus: Increase Maximum Setback STREET MINIMUM MAXIMUM PROPOSED Tustin Ranch Rd. 30 ft. - 30 ft. Warner Ave. 20 ft. - 20 ft. Legacy Rd. 6 ft. - 11 ft. Compass Ave. 3 ft. 10 ft. 9 to 21 ft. Airship Ave. 3 ft. 10 ft. 9 to 11 ft. Swaim Way 3 ft. 10 ft. 9 to 11 ft. Vesting Tentative Tract Map Vesting Tentative Tract Map (VTTM) 19353 Six (6) development lots One (1) community lot for a publicly accessible park. �O ��'tYT fi7 � 9} a p;� o LOT 5 h A + LOT 4 QP4 9 µy, Q Ac+y. �d25-a5 ;RA 9 LOT " w LOT 11 rwacrlelsr Ci M M 99US-36 x.- APN, 439-481•Q5 LOT 2 a 0. LOT1 r am 1 Development Agreement Tustin Legacy Specific Plan Section 4.2.7 requires a DA in conjunction with or prior to approval of any entitlements associated with private development. Pursuant to Tustin City Code (TCC) Section 9607, the Planning Commission considered the DA and made a recommendation to the City Council. DA requires adoption of an ordinance by City Council. O.0 _. Comment Received Public Agencies ❖ City of Irvine ❖ Tustin Unified School District ❖ Southern California Edison Public Comments •v Public comments and Planning Commission meeting •v Written comments received Recommendation Adopt Resolution 25-07 approving the proposed SUB 2024-0004 (Vested Tentative Tract Map 19353), Design Review 2024-0013, and a Density Bonus request to increase the density from 708 to 1,336 units, providing 334 affordable units, and reductions/waivers in development standards related to maximum setback, minimum private open space, and minimum parking space dimensions. Have first reading of Ordinance No. 1561, approving Development Agreement 2024-0003. /OOOOO-=MWO= W 4 .00�4�- �Uri Sl Remembering what connects us. Thank You'. IL \Villa•Valencia' �� • s ` i N ■ -IVlobi le Estates �r To ed Tustin T�oyCA r� X, . 4 P T;7 `�-�� r I ��/ • Wa~g�& 17Nig� gl ys, f .�. 4 . The Spa 'M�aMIN e os por s Ce Ak Lis I N Remembering what connects us. N umbe r of lie rsons in House hold: 1 2 3 4 1 5 6 7 iS ran County Area Median 000 Income: Acutely Lover 1 550 15500 17400 19350 20900 22450 24000 25550 Extreme I y Low33150 37990 4 650 47356 1150 54950 58750 6 550 Very Lover Income 55250 63100 71050 78900 85250 91550 7850 104150 Low Income 88400 101000 113656 126260 136360 14 459 155556 166650 Median Income 90300 10 200 116100 129000 139300 149650 15 950 170300 rModerate Income 108350 1238501,139300, 154800 167 09 179550 191950 204356 Density Calculations Lot 1: 2.78 acres @ 216 units = 77.6 du/ac Average Density. - Lot 2: 3.60 acres @ 248 units = 68.8 du/ac • With Park: 19.42 acres @ 1336 units = 68.79 du/ac Lot 3: 4.00 acres @ 302 units = 75.5 du/ac • Without Park: 18.76 acres @ 1336 units = 71.2 du/ac Lot 4: 2.93 acres @ 232 units = 79.1 du/ac Lot 5: 2.89 acres @ 180 units = 62.2 du/ac Market Rate Density: Lot 6: 2.56 acres @ 158 units = 61.7 du/ac • With Park: 13.97 acres @ 998 units = 71.4 du/ac • Without Park: 13.31 acres @ 998 units = 74.9 du/ac Affordable Housing Density: • 5.45 acres @ 338 units = 62 du/ac Trip Generation The proposed project implements the previously approved units within Tustin Legacy Specific Plan with the development of 1,336 units. Therefore, there would be no increase in daily trips. The total project trip count is 8,884 based on ITE standards of 6.65 Average Daily Trip (ADT) for multifamily housing with the total AM peak hour of 682 trips and total PM peak hour of 828 trips. Building Heights LEGEND 5 STORY RESIDENTIAL 4 STORY RESIDENTIAL 3 STORY RESIDENTIAL 2 STORY RESIDENTIAL _ 1 STORY (GARAGE/AMENITY) MASSING STEP-DOWN - STEP -BACK MASSING AMALFI APARTMENTS THE LANDING - LUNA COLLECTION THE LANDING -CIRA COLLECTION WgR/VER AVE PART{ iR �J ONE', R Rk .14',4Y PARK �F . ` S 9f'AS _ y�A 4 61 AMALFI Building Heights J v-0- v� 1rr f r� xFr ira- f 61J"L ffq L PI ptY JI -0f Yi i' 5. Fq IFwi Nk-I QMb'N MYi µ K� Compass Ave. ire r� r� ar cr Irr �.�� I I I I �••� GaM��Nr.fl ailhy NAv�F i\�I Legacy Rd. .SITE SUMMARY RUILDING I (Market Rare} 216 units Parking; 304spaees 1.41 spfdu 5.5 level garage BUILDING 2 (Market Rate} 248 units Parking: 3-IJ2spacas 1,54 spfdu 5.5 level garage Bt11LOING 3 (Market Rate} 302 units Parking: 477 SpaGBS 1.58 sp/du 6,5 level garage 232 units Parking: 369spaces 1.59 spfdu 5.9 level garage 180 units` Parking: 226spaces 1.25 spfdu 4.5 level garage 158 units' Parking: 198spaces 1.25 Sp/du 4 level garage •Fmri mdnigcr Lnlrs 19ujdoc In mal unit o]unl. 11ni1 oruti Ms of r'IUSC units wlrhln 9wltlings s a G iu he dcr—nin.d.