HomeMy WebLinkAboutItem 7a. Informational Presentation on The Link Project (276 Tank Farm Rd. SPEC-0451-2022, GENP-0449-2022, EID-0450-2022)The Link
-A Conservation-Oriented
Mixed-Use Development-
Site Background & History
•Previously proposed business park development found to be infeasible due to
•Single land use
•Infrastructure costs
•Remediation of developable areas to be completed by 2024 and remediation and restoration of conservation/open space to be completed by 2030 by Union Oil.
•City charette in March 2022 to discuss preliminary plans and solicit feedback from key city staff members
•Covelop proposal includes 725 multifamily apartments and 800K SF of mixed commercial use
•Project provides needed housing for SLO that fits within city’s growth ordinance and a diversity of land uses with flexible zoning to ensure feasibility and ability adapt to future unknown market conditions
Site Vicinity & Filling in South SLO
Broad St.
S. Higuera
Tank Farm Rd.
San
Luis
Ranch
Orcutt
Area
Specific
Plan
Avila
Ranch
Margarita Area
Specific Plan
Cons. Area
Cons.
Area Link
Link
Link
600 TF Rd.
650 TF Rd.
•Construct Santa Fe Road,
creating a connection
between Tank Farm & Prado
•Complete and improve Tank
Farm Road with two Class 2
and two Class 1 bike paths
•Connect Avila Beach to Cal
Poly via new Class 1 bike path
Buckley Rd.
Prado Rd.
Proposed Project
Parks & Open Space
Paths
Plazas
Project Statistics Multifamily Residential
350 Apartment Units
Commercial Mixed-Use
100 Apartment Units
42,750 SF of
Commercial Services &
Retail
Hangar Commercial
41,953 SF of
Commercial Retail
Office Core
142,500 SF of
Commercial Office
Bar K Dog Bar
4,900 SF of
Retail/Eating/Drinking
The District Mixed-Use
96,375 SF of
Commercial R&D/Retail
R&D/Light Manufacturing
98,813 SF of R&D/Light
Manufacturing
Industrial
11.7 Net Acres
209,000 SF of Industrial
Public Park
2.1 Net Acres
Public Park &
Stormwater Pond
5.5 Net Acres
Multifamily Residential
50 Apartment Units
Office Medical
137,200 SF of Medical
Office Use
Commercial Mixed-Use
225 Apartment Units
10,750 SF of Office
10,750 SF of Commercial
Services & Retail
The Link
The District Conceptual Rendering
Core Office Conceptual Rendering
Project Benefits & Goals
•Support the major City goals of:
•Economic Resiliency & Fiscal Sustainability
•Diversity, Equity & Inclusion
•Housing & Homelessness
•Climate Action, Open Space & Sustainable Transportation
•Become the prominent Conservation-Oriented Development in San Luis Obispo with over 3/4 of
the site’s area committed to conservation area and open space –a great redemption story
•Provide a better jobs-housing balance in the community -internal jobs-housing balance of 2.2 jobs
per housing unit
•Complete essential City infrastructure to serve the proposed project and the major growth areas of
the community
•Address essential transportation connections including numerous pedestrian bike paths and
extensions of bus routes
•Increased pedestrian, bike, and automobile safety on Tank Farm Road
•Land uses specifically chosen to not compete with downtown
•Provide a site for the City’s 5th permanent fire station
•Substantial affordable housing contribution
•Significant fee generation -$16M+ in TIF fees
Path Forward & Planning Commission Review
City Processing Requirements
•Initial technical studies to inform final design
•Preliminary LOS and VMT Analysis
•Air Quality and GHG Analysis
•General Plan Amendment/Prezoning
•Project Specific Plan
•CEQA Compliance
•Major Development Permits for Phase I
•Development Agreement
•Annexation
Q1 2023
•Revised Project
Description &
Design
Q1 2023
•EIR
Consultant
Selected
Q3 2023
•Initial
Study/NOP
Q1 2024
•Draft EIR
Published
•Draft EIR
Public
Hearings
Q3 2024
•City Council
approval of
DA
Q2 2025
•PC Review of
GP & SP
•PC Review of
Phase 1
Major Dev.
Permits
Q3 2025
•City Council
Final Action
Requires PC Review/Input
Questions and Input
The Link
-A Conservation-Oriented Mixed-Use
Development-