Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Commission narrowly votes to initiate Park Merced zoning and general-plan amendments after long hearing
Summary
After a lengthy, divided hearing with several hours of testimony for and against, the Planning Commission voted 4-3 to initiate planning-code, zoning-map and general-plan amendments necessary to consider the Park Merced redevelopment. Staff presented a consultant pro forma, fiscal/economic studies and sustainability commitments; opponents urged delay and more analysis.
After more than three hours of public comment and a staff presentation, the Planning Commission voted 4-3 on Jan. 13 to initiate the process to consider zoning, planning-code and general-plan amendments for the Park Merced mixed-use redevelopment.
Joshua Switzky and Michael Yarny (Office of Economic and Workforce Development) summarized two independent consultant reports (CBRE) the city commissioned: a pro-forma review and a fiscal/economic impact analysis. The pro-forma concluded the negotiated public-benefit package (community open-space improvements, long-term operations and maintenance commitments, and rent-replacement benefits for existing tenants) carries substantial present-value value but places the private development near the margin of market feasibility under current conditions.…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
