Irvine Business Complex

Transcription

1 Irvine Business Complex Vision Plan Implementation Update and General Plan Amendment Scoping Session City Council May 23, 2017

2 AGENDA 1. Residential Unit Cap 2. Incentives for Neighborhood-serving Retail 3. Transfer of Development Rights Process 4. Neighborhood Placemaking 5. Scoping Session

3 ISSUE 1: RESIDENTIAL UNIT CAP

4 RESIDENTIAL UNIT CAP (15,000 UNITS) Existing 7,689 (51%) Under Construction 3,142 (21%) Remaining Units Under Cap 287 (2%) Approved 3,882 (26%)

5 PROJECTS IN PROCESS 3 A total of 287 units remain available under the residential unit cap City received applications for 4 projects totaling 673 units Gillette 242 Proposed units would exceed the cap by Main Millikan Von Karman 115

6 OPTIONS: RESIDENTIAL UNIT CAP The City is obligated to process development proposals To discourage new requests, staff recommends the Council send a clear message that no additional units beyond the cap will be supported

7 ISSUE 2: NEIGHBORHOOD-SERVING RETAIL

8 ISSUE 2: NEIGHBORHOOD-SERVING RETAIL Planning Commission and City Council expressed desire to encourage and possibly incentivize additional retail development to serve residents November 2016: IBC Retail Market Demand and Incentives Analysis shows demand for neighborhoodserving goods, services and restaurants

9 RETAIL CHALLENGES Market challenge is finding available space or developing new space By City standards, retail uses generate trips at roughly 6 times the rate of office development Higher land and development costs discourage addition of new retail and service uses

10 OPTIONS: NEIGHBORHOOD-SERVING RETAIL Staff recommends additional analysis to identify demand by location; determine potential incentives (FY Budget) Incentives may include modified trip rates and/or expanded definitions for Accessory Retail

11 ISSUE 3: TRANSFER OF DEVELOPMENT RIGHTS

12 TRANSFER OF DEVELOPMENT RIGHTS Transfer of Development Rights (TDR) Process: Transferring entitled development intensity from one property to another Development Intensity Values (DIVs) assigned to a property directly correlate to property value

13 TRANSFER OF DEVELOPMENT RIGHTS Property owners sell DIVs through TDR process DIVs available are diminishing; cost is increasing TDR process may no longer be viable option

14 OPTIONS: TDR PROCESS Staff will continue to evaluate means to improve the TDR process through the ongoing General Plan Update Create Additional DIVs to incentivize specific developments Prohibit transfer of DIVs to other sites Purchase DIVs to create a City-managed TDR Bank

15 ISSUE 4: NEIGHBORHOOD PLACEMAKING

16 Woodbridge

17 Great Park Neighborhoods

18 IBC

19 IBC VISION PLAN Vision: A system of parks, urban plazas, open space and private recreation areas interconnected with streets, bikeways and trails Components of the System: Private recreational facilities Community parks Smaller public parks and plazas Open space Streets, bikeways and trails

20 IBC PRIVATE PARKS

21 IBC COMMUNITY PARKS Bill Barber CP North of I-405 South of I-405 San Joaquin Marsh

22 IBC PARK FEES IBC park fees are collected with building permits Payment of these fees frequently lags behind entitlement by several years Within the past two years, the IBC park funds have attained sufficient levels to purchase and develop park sites for the first time IBC Public Neighborhood IBC Community Approximate Current Balance $12.4 million $39.9 million

23 IBC PUBLIC NEIGHBORHOOD PARKS

24 IBC PUBLIC NEIGHBORHOOD PARKS

25 PARKS MASTER PLAN URBAN PLAZA MULTI-PURPOSE GYM/COMMUNITY CENTER NATURE SPOT ENHANCED/EXPANDED URBAN TRAILS

26 TRAILS AND BRIDGES Vision: Provide new trails and bridges to create enhanced pedestrian and bicycle connections in IBC and wider system of trails Trail Connections: Flood Control Channel Service Roads Abandoned Railroad ROW Major new pedestrian bridges: Across San Diego Creek to San Marco Park Across Jamboree Road from Central Park West to Park Place 3 bridges across Jamboree Road north of I-405

27 CONNECTIVITY

28 DIRECTION TO STAFF Staff proposes preparation of park plan to aid in implementation of IBC Vision Plan through FY budget Identify potential park sites and develop conceptual designs to be vetted through public process

29 ISSUE 5: SCOPING SESSION

30 SCOPING SESSION PURPOSE Held pursuant to City Council Resolution : Provide advance knowledge of request Determine if it is appropriate for processing Identify and define issues to be addressed Beginning of the process Does not predetermine future decision

31 VICINITY MAP Re-designate property s overlay district Business Complex to Urban Neighborhood Consistent with original scope of the IBC Vision Plan Ability to pursue remaining IBC units No guarantee of success Buffer properties not addressed 115 townhomes and flats ownership units

32 QUESTIONS 1. Should this application to re-designate the subject property proceed? 2. If yes, should the buffer properties be included?

33 OPTIONS Direct staff to: Discontinue processing this application Or, Boundary adjustments to be considered via comprehensive planning effort instead of individual applications Continue processing submitted application Provide commentary on issues to be addressed

34 RECOMMENDED ACTIONS Provide direction to staff concerning: 1. Residential Unit Cap 2. Incentives for Neighborhood-serving Retail 3. Neighborhood Placemaking 4. Scoping