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HomeMy WebLinkAbout05_Uptown Newport Annual Development Agreement Review_PA2014-039 �exEW�ORr o e COMMUNITY DEVELOPMENT DEPARTMENT PLANNING DIVISION 100 Civic Center Drive,P.O. Box 1768,Newport Beach, CA 92658-8915 a" (949)644-3200 Fax: (949) 644-3229 �q<iFoaN�P www.newportbeachca.gov CITY OF NEWPORT BEACH ZONING ADMINISTRATOR STAFF REPORT May 11, 2017 Agenda Item No. 5 SUBJECT: Annual Review of Uptown Newport Development Agreement (PA2014-039) 4311-4321 Jamboree Road APPLICANT: Uptown Newport, LP (TSG-Parcel 1, LLC) PLANNER: Rosalinh Ung, Associate Planner (949) 644-3208, rung(c-)newportbeachca.gov ZONING DISTRICT/GENERAL PLAN • Zone: PC 58 (Uptown Newport) • General Plan: MU-H2 (Mixed-Use Horizontal 2) PROJECT SUMMARY An annual review of Development Agreement No. DA2012-003 (DA) for Uptown Newport Planned Community, pursuant to Section 15.45.080 of the Newport Beach Municipal Code and Section 65865.1 of the California Government Code. RECOMMENDATION 1) Conduct a public hearing; and 2) Find the annual review is exempt from the California Environmental Quality Act ("CEQA") pursuant to Section 15321, Class 21 (Enforcement Actions by Regulatory Agencies) of the CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3; 3) Receive and file the Annual Report of Development Agreement for Uptown Newport Planned Community (Attachment No. ZA 2); and 4) Find that the applicant has demonstrated good faith compliance with the terms of Development Agreement No. DA2012-003. 1 Annual Review of Development Agreement No. DA2012-003 Zoning Administrator May 11, 2017 Page 2 DISCUSSION Section 15.45.080 of the Municipal Code requires the City to periodically review development agreements to determine if the applicant has complied with the terms of the agreement. This review should be conducted at least once every 12 months. The applicant is required to demonstrate good faith compliance with the terms of the agreement, and should the Zoning Administrator find that the applicant has not complied in good faith with the terms of the agreement; the Zoning Administrator should refer the matter to City Council. Background On March 12, 2013, City Council adopted Ordinance No. 2013-6, approving the DA for the development of a 25-acre, mixed-use residential project consisting of 1,244 residential units, two one-acre public parks, and 11,500 square feet of retail uses. The DA became effective on April 22, 2013. The term of the DA is 15 years, and has two, 5-year extension options. The earliest expiration could be in 2028. On April 28, 2015, the City Council approved the First Amendment to the DA that delayed the timing of payment of public benefit fees and park in-lieu fees. The DA and its First Amendment are available online at: htti)://www.newportbeachca.gov/developmentagreements. On September 5, 2013, the Planning Commission approved the Master Site Development Review (MSDR) application for the Uptown Newport project. The Planning Commission also approved prototypical architectural building elevations, master landscape plan and plant palette, preliminary public parks and paseo plans, preliminary master wall/fence plans, master signage plans and preliminary site improvement plans for the entire development. The purpose of this approval is to ensure that the project will be developed in a cohesive manner in phases consistent with the Planned Community Development Plan, Development Agreement, environmental mitigation measures required by EIR, and applicable City codes and standards. On October 1, 2013, the Parks, Beaches & Recreation Commission reviewed and approved park amenities on the two public parks concepts for the Uptown Newport project. On January 24, 2016, the Community Development Director approved Minor Site Development Review No. SD2015-004 for the construction of 455 residential apartment units in two separate buildings, approximately 10,700 square feet of retail use, and a 50- foot wide paseo within Phase 1 of Uptown Newport Planned Community proposed by the Picerne Group. The South Building was approved to provide 222 apartment units with approximately 10,700 square feet of commercial space on the ground floor. The North TmpIt:10-15-13 Annual Review of Development Agreement No. DA2012-003 Zoning Administrator May 11, 2017 Page 3 Building was approved to provide 233 units. A 50-foot wide paseo will be developed on an easement area between the two buildings. On September 2, 2016, the Community Development Director approved Staff Approval No. SA2016-010, an amendment to Condition No. 34 of Uptown Newport Tentative Tract Map No. NT2012-002 (TTM No. 17763), to delay completion of the public sidewalk reconstruction along the Jamboree Road frontage of the Uptown Newport Planned Community to the occupancy of the Picerne Group's first residential building or July 31, 2018, whichever comes first. On January 24, 2017, the City Council approved the issuance of up to $192,000,000 of multi-family housing bonds by the California Statewide Communities Development Authority (CSCDA) to finance the project. The City does not incur any liability for the CSCDA financing. On March 23, 2017, the Planning Commission approved Site Development Review No. SD2017-001, an amendment to the previously approved Master Site Development Review application to allow alternative locations and phasing of the commercial component (up to 11,500 square feet). Specifically, the amendment allows Lot 3 (the Picerne Group's South Building) to be developed without commercial uses while Lot 2, located at the intersection of Jamboree Road and Fairchild Road, to be developed with commercial uses rather than residential uses. Additional commercial uses will be developed on other lots within the Uptown Newport Planned Community. On March 24, 2017, the Community Development Director approved Minor Site Development Review No. SD2017-002 amending Minor Site Development Review No. SD2015-004 to eliminate the 10,700 square foot commercial component and associated parking from the South Building. The area formerly planned for commercial use would be developed with seven additional residential units, for a total of 229 units located in the South Building of the previously approved apartment project by the Picerne Group. With the approval of the proposed amendment, a total of 462 apartment units would be developed, inclusive of the 92 low-income units. On April 11, 2017, the City Council approved park in-lieu fee credits for Phase 1 of the Uptown Newport project as follows: • $2,960,085 for costs associated with the improvement of a 1-acre public park within Phase 1 of the Uptown Newport Planned Community pursuant to NBMC Section 19.52.030(B) and Section 3.2.1.i of the Uptown Newport Development Agreement; • $2,176,750 based upon the provision of 0.8707 acres of publically accessible open space consistent with the criteria provided in General Plan Policy LU 6.15.16 at $2,500,000 per acre within a portion of Phase 1 of the Uptown Newport Planned TmpIt:10-15-13 Annual Review of Development Agreement No. DA2012-003 Zoning Administrator May 11, 2017 Page 4 Community, pursuant to General Plan Policy LU 6.15.16 and Section 3.2.1.ii of the Uptown Newport Development Agreement; and $2,008,130.39 for private recreational amenities provided within Lot 3 of Tract 17763 pursuant to NBMC Section 19.52.080 and Section 3.2.1.iii of the Uptown Newport Development Agreement In-lieu Fee and Credit Summary Total Fee for North Building 233 units $5,063,791.99 Total Fee for South Building (229 units) $4,976,859.94 Total In-lieu Fee $10,040,651.93 Credit Park Construction and Improvement Costs $2,960,085 Credit Public Recreational Open Space Areas $2,176,750 Credit Private Recreational Amenities $2,008,130.39 Total Credits $7,144,965 Total In-lieu Fee for First 462 Units Due $2,895,686.54 Annual Review A summary of construction-related activities performed by the property owner, its agents and affiliates during the past year are listed below: 1. Completed rough grading for Phase 1 construction with grading certifications issued in July 2016. The installation of underground storm drain lines, waterlines, and sewer lines were also recently completed. 2. Phase I site improvements are anticipated to be completed by the end of May 2017, which include dry utilities, curb and gutter, perimeter walls, and street paving. Phase 1 landscaping will commence near the completion of the Picerne Group's apartment project together with the median street and landscaping improvements, and traffic signal modifications. 3. The DA provides a statement where the City and the landowner may cooperate in the undergrounding of the 66KV high voltage power line along Jamboree Road. The City has participated in design discussions with the applicant and Southern California Edison. The plan is currently in the pre-design stage with SCE with a completed design plan expected by the end of 2017. 4. Building plans for the construction of Picerne Group's apartment project were submitted to the City for first review in July, 2015 and were approved for permit issuance in 2016. Revised building plans on the South Building to reflect the removal of the commercial component and replacement of seven apartment units are being reviewed by City staff as of the drafting of this report. Building construction is anticipated to begin in May 2017. TmpIt:10-15-13 J Annual Review of Development Agreement No. DA2012-003 Zoning Administrator May 11, 2017 Page 5 The applicant has prepared a report with a complete list of accomplishments within the past year (Attachment ZA 2). No public benefit fees or park in-lieu fees have been paid as of the drafting of this report. Permits will be issued by this hearing date if all construction goes as planned. Please note that the developer is electing to pay for park in-lieu fees at the issuance of building permits for new residential development in the amount of$2,895,686.54 and $16,089,612 for public benefit fees. After reviewing the attached annual report and applicable documents, staff believes that the applicant is in good faith compliance with the terms and conditions of the DA and First Amendment. ENVIRONMENTAL REVIEW This annual review is exempt from the California Environmental Quality Act ("CEQA") pursuant to Section 15321, Class 21 (Enforcement Actions by Regulatory Agencies) of the CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3, because it has no potential to have a significant effect on the environment. This section exempts actions by regulatory agencies to enforce or revoke a lease, permit, license, certificate, or other entitlement for use issued, adopted, or prescribed by the regulatory agency or enforcement of a law, general rule, standard, or objective, administered or adopted by the regulatory agency. PUBLIC NOTICE Notice of this review was published in the Daily Pilot, mailed to all owners of property within 300 feet of the boundaries of the site (excluding intervening rights-of-way and waterways) including the applicant and posted on the subject property at least 10 days before the scheduled hearing, consistent with the provisions of the Municipal Code. Additionally, the item appeared on the agenda for this meeting, which was posted at City Hall and on the City website. APPEAL PERIOD: An appeal or call for review may be filed with the Director of Community Development within 14 days following the date of action. For additional information on filing an appeal, contact the Planning Division at (949) 644-3200. TmpIt:10-15-13 5 Annual Review of Development Agreement No. DA2012-003 Zoning Administrator May 11, 2017 Page 6 Prepared by: Q4S::f= — Ro alinh Ung Associate Planner JC/W Attachments: ZA 1 Vicinity Map ZA 2 Uptown Newport Development Agreement Annual Report TmpIt:10-15-13 Attachment No. ZA 1 Vicinity Map VICINITY MAP It sr 7 z $ Subject Property e v gpW5PR1T OR T n x Annual Review Uptown Newport Development Agreement (PA2014-039) 4311 -4321 Jamboree Road G' Attachment No. ZA 2 Uptown Newport Development Agreement Annual Report 9 SHOPOFF REALTY INVESTMENTS lranslormmg Opportunity into Value March 17, 2017 City of Newport Beach Ms. Rosalinh Ung 100 Civic Center Drive Newport Beach, California 92660 RE: 2016 Annual Report for Uptown Newport Development Agreement No. DA2012-003 Dear Ms. Ung, This Annual Report for the Uptown Newport Development Agreement DA2012-003 (the "Agreement") is being provided to the City pursuant to Section 7 of the Agreement, and is intended to satisfy the annual reporting requirement for Development Agreements under section 65865.1 of the Government Code. Uptown Newport is a mixed use development consisting of: 1,244 residential units, 11,500 square feet of retail uses, and two 1-acre public parks on approximately 25.05 acres of real property located at 4311- 4321 Jamboree Road, Newport Beach, California. On March 23, 2013 (the "Agreement Date"), the City Council adopted Ordinance No. 2013-6 (the "Adopting Ordinance"), finding the Agreement to be consistent with the City of Newport Beach General Plan, and approving the Agreement. Because the Agreement was approved by Ordinance as required under Government Code section 65867.5, and no appeals or lawsuits challenging the validity of the Adopting Ordinance were filed, the Agreement became effective thirty days after the Agreement Date, or April 22, 2013. The Uptown Newport project is proceeding with development of Phase 1 of the Uptown Newport Planned Community, with site development in process. The current plan for Phase 1 is to develop approximately 455 apartment units in two buildings on the parcels that front Jamboree Road and for-sale townhomes or condominiums on the parcels that surround the Phase 1 Park. The number of for-sale units has not yet been determined. The apartment buildings will include approximately 92 affordable apartment units that will be incorporated into the same buildings and the market rate apartments. An updated tentative schedule of development activities planned for Phase 1 development is provided below for your reference. The anticipated dates of construction activities in 2016 were delayed some months due to some plan design changes after plan approvals as well as some delays by other agencies outside the City of Newport Beach purview. As 2 Park Plaza, Suite 11 Irvine, California949-417-1396 ., . . . SHOPOFF REALTY INVESTMENTS Transforming Opportunity into Value a result, construction activities were moving in a slower manner as anticipated. Please note that this is a tentative schedule and subject to change: • Commence on site street improvements:April- May,2017 • Commence construction of apartments: April, 2017 • Commence wall construction;April 2017 TSG-Parcel 1, LLC, as the Assignee of Uptown Newport, LP, and has complied in good faith with the terms and conditions of the Agreement. A summary of the activities performed by the Landowner, its agents and affiliates during the past year are provided below for the City's review: 1. Design of the 66KV undergrounding on Jamboree Road fronting the Uptown Newport project was initiated between the City of Newport Beach and Southern California Edison in September, 2015 and is currently in the pre-design stage with SCE with completed design expected by the end of 2017. 2. Apartment site plans and architecture were submitted to the City for first review in July, 2015 and were approved in 2016. Currently the plans on the southerly building are being revised to relocate the commercial component from the apartment building to other areas within the Uptown Newport PC. Building construction is anticipated to begin mid-April 2017. 3. An Amendment to Condition of Approval#34 was approved by the city to defer the construction of the sidewalk along Jamboree until after the building constructability safety issues could be mitigated and the sidewalk could be completed in a safe and timely manner. 4. Phase I site improvements are anticipated to be completed by the end of May 2017 which includes dry utilities, curb and gutter, perimeter walls, and street paving. Phase 1 landscaping will commence near the completion of the apartment buildings together with the median improvements, median landscaping, and traffic signal modifications. 5. Conversations were initiated with the city in mid-2016 regarding finalizing the park fee credits the phase I and were on going as recent as February 2017. 6. Completed rough grading on lots 1, 3,4, and the park site of Tract 17763 with grading certifications in July 2016. 7. Completed the installation of underground storm drain lines,waterlines,and sewer lines. It should be noted that no activities on the project site during the 2016 calendar year triggered the payment of park fees or Public Benefit Fees under the Agreement. 2 Park Plaza, Suite 11 Irvine, California96 SHOPOFF REALTY INVESTMENTS /ran.stonning Opportunity into Value We look forward to continuing our development efforts for Uptown Newport, and appreciate the City's cooperation in our efforts. Please contact me at (949) 417-1867 or at isantry@shopoff.com. Should you have any questions or require additional information. Sincerely, Jo n Santry Executive Vice President Cc: Gregory Powers, Jackson Tidus