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Retail Mixed Use Market Study Update 1 January 6, 2010 <br /> developed as additional office or a hotel. Retail development should be considered only if it does <br /> not compete with that located on the W.P. Carey and BART sites. <br /> 7. Kaiser Site 1 and Kaiser Site 2 <br /> Size: 15.7 acres (Kaiser Site 1); 18.6 acres <br /> (Kaiser Site 2) <br /> Frontage: Owens Drive and Hacienda Drive <br /> Proximity to BART: .24 miles <br /> Average Daily Traffic.:' 17,800 trips <br /> Visibility/Access: Mediurr_ <br /> Recommended Use <br /> Kaiser Site 1 and Kaiser Site 2 are located on <br /> Owens Drive. The sites are currently occupied <br /> by Kaiser Permanente, but have the potential to <br /> contribute to future projects around the BART <br /> station. For example, consolidating surface parking would create new areas suitable for <br /> development. As with the Oracle site, any development would require outreach and potentially <br /> partnership with the company. If an agreement with Kaiser Permanente can be reached, and <br /> assuming only a portion of the existing sites are available for development, Strategic Economics <br /> recommends that these sites be considered for BART parking, or a pedestrian pathway connecting <br /> the BRE site to the W.P. Carey site and the BART station. If the full sites become available for <br /> development, Strategic Economics would recommend a residential use on these sites, in addition <br /> to parking and an integrated pedestrian connection to the BRE site. <br /> Opportunity Sites Summary <br /> The W.P. Carey and BART sites are most appropriate for mixed use retail development. The <br /> W.P. Carey site should contain half of the retail increment, and all of the housing associated with <br /> the development. Given its adjacency to I -580, the BART site is not ideal for housing, and <br /> should contain a mix of retail and office or hotel development. The BRE, Roche and Kaiser sites <br /> should be considered for additional residential development or parking serving BART commuters <br /> and the retail tenants. The Mercedes and Oracle sites can be developed to include office, hotel or <br /> retail uses not in competition with those on the BART and W.P. Carey Sites. <br /> City of Pleasanton Website: Traffic Counts Map. www.ci.pleasanton.ca.us /services /traffic /traffic- counts- <br /> map.html. Accessed 11/19/2009. <br /> 56 <br />