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HomeMy WebLinkAbout2/22/2023 Item 4a, Brennan From:Jocelyn Brennan < To:Advisory Bodies Subject:PC Item 4.a Attachments:SLOCAOR Downtown Density Letter.pdf This message is from an External Source. Use caution when deciding to open attachments, click links, or respond. Please see attached. Thank you. Sincerely, Jocelyn Brennan cell/text (805) 748-7630 Jocelyn@thehrmcorp.com 1 February 22, 2023 To the Planning Commissioners of San Luis Obispo, We represent the San Luis Obispo Coastal Association of REALTORS®. Our organization serves over 700 REALTORs® and affiliates. We seek to promote housing production and homeownership, preserve property rights, and support opportunities for residents of all incomes to achieve the American dream. We are writing to express our views on the proposed Downtown Density program for the city of San Luis Obispo. As the staff report indicates, housing production is not only a top priority for the state of California but is also a key component of many other goals specific to the Central Coast: economic diversification and development, preserving and improving our quality of life, addressing homelessness, and preserving our scenic landscapes. We support the overall Downtown Density concept for its potential to produce safe and efficient homes and its role in reaching these other important targets. We respectfully request the following amendments to the ordinance: 1. Remove the 500-permitted-unit cap. The 500-unit cap does not apply to constructed units that residents can inhabit, only permitted or entitled units. This does not allow flexibility for development projects that are planned but never receive Certificates of Occupancy. The current environment for new construction is volatile and some projects may be feasible at the beginning of the permitting process but may become infeasible by groundbreaking. A project that is permitted to build units which never get built removes the ability for other developers to meet that need with units that do get built. 2. Remove the deadline of January 1, 2029. There are currently deep constraints on new construction, including but not limited to high land and materials costs, higher interest rates, and supply chain delays; these issues have been ongoing since March of 2020, and it is unclear whether (or if) they will resolve in time to make the most of this program before its expiration date. Additionally, this program applies to only two zones within the Downtown Core, and many of those lots are new construction, historic, or consistently occupied by commercial tenants. We believe it will take time for the parcels that may use this program to turn over r to new owners who are willing to redevelop them. 3. Remove the parking requirements for units 600sf and less. Land downtown comes at a premium due to its prime location and low-selling inventory. Requiring vehicle space for units that are designed for a single-person household, who is likely to live and work in the neighborhood and can live with no car use, means that fewer of these units will be built and their prices will be less attainable to our local workforce. Moreover, on-site parking is itself an amenity and draws higher market prices. The City already has a program that can accommodate locals who need to park in the neighborhood. If developers wish to provide parking, they should be allowed to do so, but it should not be mandated for units of this size. Thank you for your time and consideration and your service to our community. We look forward to seeing continued progress on this important goal. Sincerely, Jocelyn Brennan Government Affairs Director Jocelyn@thehrmcorp.com San Luis Obispo Coastal Association of REALTORS® https://slocaor.org/