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AGENDA FULL PACKET
City of Pleasanton
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02-28
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AGENDA FULL PACKET
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5/20/2024 3:21:13 PM
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5/20/2024 3:15:28 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
2/28/2024
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www.coxcastle.com Los Angeles | Orange County | San Francisco <br />Cox, Castle & Nicholson LLP <br />50 California Street, Suite 3200 <br />San Francisco, California 94111-4710 <br />P: 415.262.5100 F: 415.262.5199 <br />Linda C. Klein <br />415.262.5130 <br />lklein@coxcastle.com <br />File No. 102657 <br />August 29, 2023 <br />VIA E-MAIL <br />Ms. Melinda Denis <br />Planning and Permit Center Manager <br />City of Pleasanton <br />200 Old Bernal Avenue <br />Pleasanton, CA 94566 <br />Re: Supplemental Density Bonus Law Request for the 3200 Hopyard Road <br />Project <br />Dear Ms. Denis: <br />On behalf of our client, Catalyst Development Partners (“CDP”), we are submitting this <br />supplemental State Density Bonus Law (“SDBL”) request that makes minor modifications to the <br />SDBL request dated May 9, 2023, for CDP’s proposed housing development project consisting <br />of 57 residential units (48 condo units and 9 rental units) (the “Project”) at 3200 Hopyard Road <br />(the “Property”) in the City of Pleasanton (the “City”). <br />This letter clarifies and supplements the specific waiver and concession requests made for <br />the Project, as well as reduced vehicular parking ratios for the Project. <br />1. Incentives and Concessions <br />The Project requests one incentive, which is a decrease in the allowable lot size. The <br />Project would subdivide the Property so that each townhome building (not each unit within the <br />townhome building) sits on its own parcel.1 The subdivided parcels would not meet the <br />minimum lot size, as the lots would be as small as 7,235 square feet. Subdividing the Property <br />results in cost savings to provide for affordable housing. Subdividing the Property allows for <br />phased filings with the California Department of Real Estate (“DRE”), which reduces the time <br />homeowner dues must be paid on unsold units. In addition, subdividing the Property allows <br />phased construction of the common area parcels, which reduces the interest paid on bonds and <br />maintenance carrying costs. <br />1 The townhome units within a townhome building would be condominiums. <br />EXHIBIT D
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