Excerpt:

EXECUTIVE SUMMARY

On November 18, 2014, the City Council approved an Exclusive Negotiation Agreement (ENA) with Alameda Point Partners (APP), the preferred developer for a 68-acre mixed-use development site at Alameda Point (Site A) consistent with the Waterfront Town Center Plan (Exhibit 1). The ENA requires that APP complete a Development Plan for Site A before the end of the 6-month ENA period. As a result, this evening's meeting kicks off an intensive community process that is anticipated to include a monthly hearing before the Planning Board, meetings with other boards and commissions, stakeholder meetings and community open houses (outlined in greater detail in Exhibit 2). Additionally, City staff would like to request that the Planning Board designate an ad hoc Planning Board sub-committee to work closely with APP and City staff in preparing the Development Plan for Site A.

The terms in the ENA already agreed to by APP focus on Site A development bringing upfront transit infrastructure, such as dedicated bus rapid transit lanes and a new ferry terminal, to Alameda Point before any new development occurs; constructing utilities that serve the entire Alameda Point property that will catalyze employment uses in the adjacent adaptive reuse and enterprise areas; and funding near-term sports fields and waterfront park amenities for the entire Alameda community. The staff report this evening provides significant background information regarding the status of Site A, including the planning process leading up to Site A, the ENA and APP.