File #: RPT 18-202   
Section: Informational Report Status: Agenda Ready
Meeting Body: Council Economic Development Committee
Agenda Date: 12/3/2018 Final action:
Subject: Review of Proposal Related to the Exclusive Negotiation Rights Agreement with The True Life Companies for a 8.75-Acre Mixed-Use Development Located Between Tennyson Road and Mission Blvd
Indexes: 238 Property Disposition & Development
Attachments: 1. Attachment I Staff Report
Related files: CONS 18-246, RPT 18-031
Date Action ByActionResultAction DetailsMeeting DetailsVideo
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DATE:      December 3, 2018

 

TO:           Council Economic Development Committee

 

FROM:     Deputy City Manager

 

SUBJECT                     

Title                      

Review of Proposal Related to the Exclusive Negotiation Rights Agreement with The True Life Companies for a 8.75-Acre Mixed-Use Development Located Between Tennyson Road and Mission Blvd                                                             

End
RECOMMENDATION

Recommendation

That the Council Economic Development Committee reviews and provides feedback on the proposed mixed-use project. 

End

SUMMARY

 

The City and the True Life Companies entered into an Exclusive Negotiation Rights Agreement for Parcel Group 2 of the 238 Corridor Lands Project to incorporate that land with their originally proposed project directly to the south at 29212 Mission Blvd. The proposed 190-unit mixed-use development includes a variety of housing product types, including both condominiums and townhomes as well as 11,000 sf of commercial space and a 12,000-square-foot park.

ATTACHMENTS

Attachment I                                          Staff Report