Title
Report regarding an update on the SSF PUC Housing Partners project and a resolution accepting the dedication of approximately 15,464 square feet of Kaiser Foundation Health Plan Inc. owned property located on El Camino Real (APN 010-292-210) to the City of South San Francisco for a public purpose. (Nell Selander, Economic and Community Development Deputy Director)
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RECOMMENDATION
Recommendation
Staff recommends that the City Council:
1. Receive an update on the project made on the SSF PUC Housing Partners project; and
2. Adopt a resolution accepting a dedication of approximately 15,464 square feet of Kaiser Foundation Health Plan, Inc. owned property, located on El Camino Real (APN 010-292-210), to the City of South San Francisco.
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BACKGROUND
At the December 11, 2019 City Council Meeting, the City Council of South San Francisco (Council) approved the entitlements for a mixed-use development on a vacant 5.9-acre site, known generally as the "PUC Site". Council also approved a Purchase and Sale Agreement (PSA), which includes the sale price of $5.5 million for disposition of the property, as well as a Development Agreement (DA). The development partner and buyer, SSF PUC Housing Partners (then known as AGI/KASA and now known as L37/KASA) was selected by Council through an extensive Request for Proposals (RFP) process, in summer 2018.
The project represents an opportunity for the City to achieve its long-standing General Plan and El Camino Real/Chestnut Area Plan planning goals for the area, and to comply with the State policies and regulations that require the site to be developed into high-density housing consistent with adopted zoning. Therefore, the approved entitlements include the following:
* 800 residential units, of which 158 units will be affordable to households earning approximately 30%-80% of the San Mateo County's Area Median Income (AMI).
* An 8,307 sq. ft. childcare center that can accommodate 70-110 children.
* A 12,992 sq...
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