Excerpt:

Exhibits:
1. APP Letter dated March 20, 2018
2. Draft Planning Board Resolution

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ANALYSIS

During the review period, the Developer has been working with the City of Alameda and its design and construction teams to complete the construction drawings and begin work on the first phases of the Site A development. During the review period, the Developer met regularly with City staff to ensure compliance with the Development Agreement and successful implementation of the project.

Exhibit 1 outlines actions taken by the Developer and the City during the period under review. The following sections of this report briefly summarize the major actions taken during the review period to implement the project and the provisions of the Development Agreement.

Infrastructure: Since approval of the Site A Development Plan in June 2015, APP has worked diligently on Phase I horizontal design, including infrastructure, and utility and public park development. Since 2015, APP and the Planning Board have completed the approvals necessary for the tentative map, the West Atlantic Design Review application, and the street names for all the side streets at Site A. The design process has included City staff, including the Department of Public Works, the Historical Advisory Board, the Recreation and Parks Commission, the Planning Board, AC Transit, the Bay Conservation and Development Commission (“BCDC”), the Regional Water Quality Control Board, and various utility providers, among others. During the review period, APP completed the sewer improvements, the storm water improvements and outfall, and commenced the construction of the new water system to support Site A. .

Parks and Open Space: Phase I of the Site A development includes three public open space areas: the Waterfront Park, the Block 10 Urban Park and the Neighborhood Park. All three parks have received Design Review approval from the Planning Board and Recreation and Parks Commission.

Buildings: Since approval of the Site A Development Plan in June 2015, APP, city staff, and the Planning Board have completed the final design review approvals for the first phase of the development which includes Blocks 6, 7, 8, 9, 10 and 11. This design process has included City staff, including the Department of Public Works, the Planning Board, the Historical Advisory Board, and the Recreation and Parks Commission. During the review period, the City issued building permits for the 64 units on Block 6 and the 60 very low and low-income senior units on Block 8.

Affordable Housing: Two hundred (200) of the residential units (25%) at Site A are required to be affordable units. One hundred and thirty (130) affordable units will be provided in two buildings on Block 8: a family building with 70 units, and a senior building with 60 units. The moderate-income units will be distributed among the market-rate units in the other buildings. During the review period, the City issued the building permits for the first 60 affordable units on Block 8.

Transportation Demand Management (TDM): Per the Disposition and Development Agreement (DDA), the project is required to join a Transportation Management Association (TMA) and implement much of its Transportation Demand Management (TDM) Program prior to receiving an occupancy permit for the first building. Measures to be implemented ‘Day One’ include a weekday, peak-period shuttle service from the project site to 12th Street BART at 15-minute headways, providing AC Transit EasyPasses to all project residents and employees, and a Parking Pricing program. Since approval of the Site A development agreement in June 2015, the Developer has been working with the City of Alameda and fellow developers to form an umbrella TMA encompassing multiple projects across the City. During the review period, Site A joined the Alameda Transportation Management Association and began work with the City of Alameda and AC Transit planning for Day One services that will commence in 2020.

Ferry Terminal: DDA section 5.2 (b) requires that APP “cooperate with the City in the construction of a permitted and operating ferry terminal at Seaplane Lagoon including any necessary parking improvements.” APP is obligated to pay $10M towards the costs incurred for the permitting, design and construction of the Seaplane Lagoon Ferry Terminal. On April 5, 2016, the City Council approved the Ferry Terminal Plan, including conceptual design, cost estimates and CEQA compliance. The Council also approved a Memorandum of Understanding (MOU) between the City of Alameda and the Water Emergency Transit Authority (WETA), which provides a framework for collaboration on funding, developing and operating ferry service from Seaplane Lagoon by no later than Fiscal Year 2020. During the review period, the Historical Advisory Board and the Planning Board approved the Certificate of Approval and the Design Review applications for the Ferry Terminal. The terminal is scheduled to open for services in 2020.

Conclusion: During the review period, there has been on-going cooperation between the Developer and the City regarding all applicable aspects of the Site A project. Staff believes that the Developer has performed in good faith compliance with the terms and conditions of the Site A Development Agreement.