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Committee advances Academy of Art settlement and development agreement after decade‑long dispute
Summary
The committee advanced a settlement and development agreement resolving longstanding litigation with the Academy of Art (Stevens Institute). The package legalizes uses at 34 properties, requires corrective permits or withdrawals, and obligates roughly $58 million in payments (about $37.6M for affordable housing). The measures will go to the full Board for final action.
The Land Use & Transportation Committee on Dec. 9 transmitted to the full Board a settlement and associated development agreement that resolves a decade‑long enforcement dispute between the city and the Stevens Institute, doing business as Academy of Art University.
Planning staff summarized the package as a multi‑part settlement: a settlement agreement requiring payments and remedies; a stipulated injunction for judicial enforcement; a development agreement to legalize and govern future approvals at campus properties; and financial guarantees. The development agreement legalizes academy uses at 34 properties after the academy…
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