HomeMy WebLinkAboutAgenda Statement 1983/10/25 Item 12, 12a COUNCIL AGENDA STATEMENT
Item 12, 12a
Meeting Date 10/25/83
ITEM TITLE: Report: Hidden Vista Village, Lot 332; Market Analysis of
commercially designated property for low and moderate income
residential use
Resolution //10242 Approving low and moderate income
residential use of Lot 332, Hidden Vista Village
SUBMITTED BY: Director of Planning (4/5ths Vote: Yes No X )
REVIEWED BY: City Manager
Financial Scene Incorporated is requesting that the City Council approve the
low and moderate income housing use of Lot 332 of Hidden Vista Village
subdivision as required by Resolution 10081A, Condition No. 68.
RECOMMENDATION: Adopt a resolution approving the development of Lot 332 of
Hidden Vista Village with 232 low and moderate income housing units.
BOARDS/COMMISSIONS RECOMMENDATION: Not applicable.
DISCUSSION:
Tentative Map
In May 1980 the City Council approved the tentative subdivision map for Hidden
Vista Village, Chula Vista Tract 80-15 encompassing the Rice Canyon Sectional
Planning Area of the El Rancho Del Rey Specific Plan. A revised SPA plan and
new tentative subdivision map reflected several changes from the adopted
Specific Plan (see Exhibit A & B) . Included in those changes was a proposal
to develop an 11 acre, 232 unit low and moderate income housing project for an
area which was designated on the adopted El Rancho Del Rey Specific Plan for a
commercial land use. One of the conditions of approval of tentative map
(Condition No. 68 by Resolution 10081A) required that, prior to any
development of the 11 acres, evidence was to be submitted to the City Council
which supported the residential land use rather than a continuation of the
commercial designation attached to the 28 acres lying directly to the west.
(NOTE: The final map was approved by the City Council in March 1981 .)
Market Analysis
The applicant submitted a market analysis to the Planning Department which was
prepared by Alfred Gobar Associates indicating that a commercial area of
approximately 25 acres and 150,000+ sq. ft. of retail floor space is adequate
Page 2, Item 12, 12a
Meeting Date 10/25/83
to serve the anticipated increase in population in the trade area (see summary
and conclusion attached) . Part of the uses projected for the commercial area
are: a supermarket, a bank, retail uses, a service station, and a 200-room
hotel/motel. The previously shown schematic development plan submitted on the
28 acre commercial site had a commercial square footage of approximately
200,000 square feet.
Low and Moderate Income Housing
The original adopted Rice Canyon SPA (805 and "H" area) plan indicated 50
acres of commercial and recreation/commercial designation plus 839 dwelling
units. The revised SPA plan approved by the City Council called for 31 acres
of commercial and recreation/commercial with an increase in dwelling units to
1200. The increase in dwelling units coupled with the decrease in commercial
acreage also resulted in some reduction of open space along the south side of
"H" Street. This reduction in open space and increase in density was
justified by a commitment from the developer to construct approximately 232
low/moderate income housing units on an 11 acre site identified as Lot 232.
However, when the City Council adopted the subdivision map, the condition was
added that precludes the applicant from building the low income units without
approval from the City Council. Since the applicant now wishes to place the
11 acre site on the market for sale, it is necessary that the land use
decision be clarified, thus the submittal of a marketing analysis and the
request to establish this site for a low and moderate income housing project.
At the present time, there is a definite need for low and moderate income
housing. This need will increase in the eastern area of the City which is in
the process of development. A desirable factor is to disperse this type of
housing throughout the community rather than a concentration in one general
area.
Conclusion
The market analysis submitted by the applicant indicates that the commercial
area (approximately 25 acres) is adequate to provide commercial services to
the trade area. In addition, there is a need for low and moderate income
housing in the community, especially in the eastern portion of the City.
FISCAL IMPACT:
The fiscal impact resulting from a reduction in the amount of potential
commercial retail floor area which could be developed if the 11 acre site was
retained as a commercial land use is unknown. However, the market analysis
submitted by the applicant speaks against the viability of a larger commercial
development.
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