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Board committee forwards Schlage Lock development agreement for Visitation Valley to full Board
Summary
The Government Audit & Oversight Committee voted to forward a development agreement permitting up to 1,679 housing units and nearly 50,000 sq ft of retail on the Schlage Lock site; the agreement includes 15% permanently affordable units, two parks, a full‑service grocery, and roughly $10M net fee obligation after $8M in in‑kind credits.
Supervisor Malia Cohen presented the ordinance approving a development agreement with Visitation Development LLC for the Schlage Lock site in Visitation Valley and asked the committee to move the item to the full Board of Supervisors.
Cohen said the proposal “has been informed by an extensive community process,” recounting more than a decade of neighborhood engagement and 18 public meetings. She described the package as a mix of housing, infrastructure, parks and retail aimed at revitalizing a longtime brownfield in a historically underserved neighborhood.
City staff from the Office of Economic and Workforce Development explained the financing approach needed after the 2012 dissolution of the redevelopment agency. Ken Rich said the administration used three levers — increased development density, a prioritized public‑benefits…
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