Commission approves India Basin development agreement with 25% affordability and 14 acres of public open space

Planning staff presented the India Basin/700 Innes development agreement, describing it as a Southern Bayfront project negotiated under the city’s public‑benefits framework. Anne Topia of OEWD outlined the DA’s principal public‑benefit commitments: an affordable housing program sized at 25% of market‑rate units (delivered via on‑site inclusionary units, dedicated development parcels for 100% affordable housing, or a capped in‑lieu fee), a publicly accessible open‑space network totaling approximately 14 acres including a five‑acre park to be dedicated to Rec and Park, and a community facilities district that will generate an estimated $1.5 million annually for open‑space maintenance and related services.

Topia said the agreement caps off‑site affordable production at 75 units and anticipates delivering roughly 319 BMR units on‑site across the project, with options for partnerships with 100% affordable developers on conveyed parcels. The DA also includes funding and construction commitments for transportation and waterfront infrastructure, a child‑care warm shell and endowment, first‑source hiring and local‑hire targets, and an 18% local‑business enterprise participation goal for covered contracts.

Public commenters and neighborhood leaders generally supported the agreement’s combination of housing, open space and community benefits. Commissioners stressed the need to resolve phasing and PG&E parcel timelines; staff said several minor technical edits will be completed after approval. The commission voted unanimously to approve the development agreement.