REPORT TO THE PLANNING COMMISSION
June 06, 2018
FROM: JENNIFER K. CLARK, Director
Development and Resource Management Department
BY: MIKE SANCHEZ, Assistant Director
Development and Resource Management Department
SUBJECT:
Title
Consideration of an extension of time of a Development Agreement for the Marketplace at El Paseo filed by Gryphon Capital pertaining to the property generally located on the southwest corner of West Herndon Avenue and North Riverside Drive covering 74.4 acres of property in (Council District 2), and Conditional Use Permit Application No. C-17-057 filed by Rich Development pertaining to the development of the Marketplace at El Paseo on 18.4 acres of the subject property.
1. RECOMMEND APPROVAL (to the City Council) of the Addendum to EIR No. 10144 (SCH NO. 2008011003) for purposes of the proposed project.
2. RECOMMEND APPROVAL (to the City Council) approving an extension of time of 10 years to February 2028, for the development of the Marketplace at El Paseo.
3. RECOMMEND APPROVAL (to the City Council) of Conditional Use Permit Application No. C-17-057 requesting authorization to construct ?162,000 square feet of retail, restaurant, and entertainment facilities, including a ?49,965-square-foot newly constructed movie theatre at the Marketplace at El Paseo Project.
Body
EXECUTIVE SUMMARY
Gryphon Capital, on behalf of the John Allen Company is requesting an extension of time of 10 years for the Development Agreement, "Marketplace at El Paseo." This Fifth Amendment to the original Development Agreement approved on December 16, 2010 pertains to 74.4 acres of property located on the southwest corner of West Herndon Avenue and North Riverside Drive. The present agreement expired on February 14, 2018; however, both City staff and the Project Applicant have been working towards an extension of the agreement and have mutually agreed on all points of concern. Since its construction commencement, the project applicant has w...
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