Excerpt:

Background

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 Disposition and Development Agreement (DDA) and a Development Plan for Site A before the end of the six month ENA period. As a result, this evening's meeting is part of an extensive community process that is anticipated to include a monthly hearing before the City Council and Planning Board, meetings with other boards and commissions, stakeholder meetings and community open houses (outlined in greater detail in Exhibit 2). The ENA also requires that APP prepare a strategy in compliance with the Alameda Point Transportation Demand Management Plan (TDM Plan).

The terms in the ENA already agreed to by APP focus on providing near-term funding of upfront transit infrastructure such as dedicated bus rapid transit lanes and a new ferry terminal; sports fields and waterfront park amenities for the entire Alameda community; and constructing utilities that will serve the entire Alameda Point property and will catalyze employment uses in the adjacent adaptive reuse and enterprise areas. While the Site A development concept has been presented to the Planning Board on a number of occasions, this is the first presentation to the Transportation Commission, and, as a result, contains some information already presented to the Planning Board.