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Planning Commission OKs $1.5M fee‑credit for 333 Harrison to secure future Rincon Hill park
Summary
The commission voted unanimously to grant about $1.5 million in Rincon Hill impact‑fee credit to a developer in exchange for committing to help acquire and build a park on the Caltrans parcel in Rincon Hill; Park & Rec and Department of Real Estate have been engaged and sponsor agreed to fund maintenance.
The Planning Commission on Feb. 3 unanimously approved an in‑kind agreement crediting roughly $1.5 million of Rincon Hill impact fees toward the city's purchase and development of a park on the northern portion of a Caltrans parcel at 333 Harrison Street.
Planning staff described the park concept as part of the Rincon Hill area plan and reported a total park estimate of about $8 million, of which roughly $6 million was land value…
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