Loading...
HomeMy WebLinkAboutCC AG PKT 1981-11-09 #B 2 P• November 5, 1981 MEMORANDUM TO: Honorable Mayor and City Council FROM: Allen J. Parker, City Manager SUBJECT:. Developer DWP Presentations Currently before both the Planning Commission and the City Council is the matter of appropriate zoning for the DWP parcel. Appropriate zoning is necessary 1 ) to bring the City's Land Use Element of the Local Coastal Plan into conformance with the Coastal Commission's 70/30 concept approval ; and 2) to give direction to staff as to a preferred land use for the 30% private development. Therefore, to assist the City Council in its deliberations, five (5) conceptual presentations will be made this evening by firms interested in developing the property. The developers have been asked to address: 1 ) Proposed land use. 2) Specific siting of the development on the parcel of land. 3) Specific siting of the park and its integration with the proposed development. 4) Approximate revenues that would accrue to the City and/or the RDA. 5) Any other information deemed pertinent. While many of the developments presented will depict specific park uses, it should be kept in mind that these uses are conceptual only and are not the subject of discussion this evening. The eventual design of the park and any facilities included therein can only be determined after further nego- tiations with the developer and a budget has been established. Once the dollars available are known, the park can then be designed. Rather, the discussion this evening should focus on the private developments being proposed: hotel , office and residential uses. It is our hope that enough information will be provided to enable the Council to give direction to staff to pursue the best developer for a specific land use. It should also be kept in mind that while the Council can recommend a specific developer, the actual selection of the eventual developer is in the province of the Department of Water and Power. Council authority is limited to land use, development and architectural controls, and other matters contained within our zoning laws and redevelopment plan. The order of presentation is as follows: 7'1 ) Granada Royale Hometels - Hotel Complex ((DD 4/12) Newport Development Company - Hotel Complex '2 !� e *Co ' 05 3) EPAC - Residential Complex 4) Ponderosa Homes - Office Facilities 4 5) The Feinberg Group, Inc. - Hotel Complex Also attached is a letter from James R. Watson expressing his interest in pursuing a residential development but declining to participate in the presentations this evening. Respectfully submitted,Al e el n arker Cit anager r r AGENDA ITEM B AJP:ldt Cb 9 OCT1,9 1988 , CITY ma CITY sea Bea ,TiTSON k ASSOCIATES ti October 14, 1981 Mr. Allen J. Parker City Manager City of Seal Beach 211 Eighth Street Seal Beach, California 90740 Re: Department of Water and Power Property Dear Allen: Thank you for your letter dated September 30, 1981. It is my opinion that a commercial development on the subject site is not economically feasible. A) The development would not generate enough revenue to finance the development. B) The tenants, if the project were leased, would probably not have successful businesses. The owners of the project and the City would be left with vacant buildings. An exception to this statement would be a quality restaurant which generates its own traffic. C) The above conclusions are based upon the problems the much larger and better located Seaport Village is having, the lack of vehicular and pedestrian traffic and my experience as a commercial developer over the last 14 years regarding locations suitable for commercial development. I do have interest in developing a quality condominium project on the property. Depending upon the cost of the land, site work, placement of the units, I think I can develop a project on 30% of the land which would be a financial and aesthetic asset to the community. Due to the position the Coastal Staff has taken regarding the requirements for commercial development, I have decided not to accept your offer to make a presentation before the City Council. ( please continue) 101 MAIN STREET, SUITE A, P.O. BOX 610, SEAL BEACH, CALIFORNIA 90740, (213)430-0503, (714)846-0334 Mr. Allen J. Parker October 14, 1981 Page Two I wish you and the City the greatest success in achieving a development that will be beneficial to the immediate neighborhood, city, and community in general. Re pectfully, ✓ an r-ti 1? V 8:::&11.., J s R. Watson JRW:dt