We submitted the final set of plans to the City of San Jose. Now we are waiting on them to schedule us for the Planning Commission and Public Hearing.
We are working to satisfy the City Council Member and Vice Mayor's concern of addressing traffic congestion issues. We have reached out to rideshare programs - Lime to incorporate bike sharing and GetAround to provide a parking spot for car share services.
Met with Vice Mayor's staff in order to receive their support in the upcoming City Council meeting. Agreed to making two minor exterior facade enhancements to improve the aesthetics based on their feedback.
We now have support from the Council Member on the Traffic Demand Management (TDM) plan.
We have been working with the vice mayor's office to get the support for the project in its current state. Also the City Staff is wrapping up the review of environmental report that was submitted. We are trying to be on schedule for August.
In response to our 4 story revision that we had submitted to city a few weeks ago, we have recieved all clear from Public works. There are a few clarifications and comments on the elevation we recieved and we are working on making those changes and re-submit by next week.
We completed our analysis and intelligence on the possibility of adding a residential floor and therefore more apartments, however we believe this would cause an year of schedule slip and bring lot more uncertainity to the project. Hence we are going forward with the existing project of 46 apartments and 1 story of retail with 1 story of underground parking.
The project is submitted to the city and we are waiting on unofficial support from the city council member's office for the project as it is.
We worked with our council member's office to explore the possibility of adding more apartments on the project by adding a floor back to the property. This will increase the profitability of the project.
We worked with our architect to add 4 more parking spots to the plan in order to get closer to City of San Jose's demand to improve our TDM plan. We are submitting those changes to city today. We are also working on getting support for our TDM plan from our City Council Member ahead of the Planning Commission and City Council meetings.
Yesterday, we submitted the plans to the City of San Jose for the revised project with no office floor and elimination of 1.5 floors of underground parking.
We are negotiating with city on their demand to provide subsidized public transit passes by offering to create 3-4 more parking spots.
We are workin with our consultants to submit the revised plan to all the various agencies in the City of San Jose. We are pushing hard and hope to be able to submit next week.
The team is working on the revised submital set for the new building design. We expect to finalize the plan and re-submit in 3 weeks.
As a reminder, in the revised plans, there will be elimination of the earlier required office space, as well as the associated parking. This will cut down 1.5 stories of underground parking. Due to this change, project will be delayed by roughly 6 months. However, in our judgment it is the right thing to do because it cuts down the construction cost, and timeline significantly. Also, it eliminates the risk associated with renting out office spaces. The office space included about 12,000sqft. Eliminating 12,000sqft will bring out commercial square fotage to approximately 8,000sqft, or 60% lower than our previous plan.The residentials units will remain three stories bringing the total building to 1 retail/active use commercial space with 3 levels, 46 units, of apartment above.
We are submitting to City of San Jose for the 4th round of Planning/Review sign off on Monday. We also wanted to let you know that there has been a major change in City of San Jose's Winchester Urban Village Plan which could result in significant cost savings. There is a chance that we can eliminate the entire office floor and associated 60 parking spots or so and hence not just reducing the construction cost but also reducing the pressure to rent out the commercial office spaces. We will keep you posted!
We are currently on course for Planning Commission hearing in June. In order for that we are submitting 4th round for final sign off from all agencies. We are starting structural engineering and bid out process for construction.
We are working on parallel tracks in order to get to Planning Commission. Environmental clearance is required and we are working on turning around the last draft prior to public circulation period. In addition, we are working to incorporate any remaining feedback from Public Works or Planning prior to the hearing to ensure we are going in with full staff support.
Our community hearing was this past week and overall went well. This is the first milestone in being heard at Planning Commission. We are currently working to incorporate small pieces of feedback from the community and working to get Environmental approval in order to be put on the Commission agenda.
On Winchester, we have received our final round of feedback as it relates to the planning process. We will be working over the coming weeks to incorporate the planning departments recomendations so as to put us in the strongest position possible heading into our community meeting (March 4), as well as planning commission and city council hearings.
We are now on what we hope to be our final round of feedback from the San Jose Planning Department. We will be hosting our official Community Meeting in early March and will quickly after that be heard at Planning Commission. Once we have Planning Commission approval, we will be put on the agenda for City Council.
We have submitted our second round submission to the city based on the feedback we received from our first submission. We are going back out for hard bids based on revised construction numbers and optimizing the building design. We still have a ways to go before reaching planning commission meeting and public hearing.
The environmental review is making progress with the City of San Jose and we are currently exploring the most efficient parking design. We are working to complete the analysis prior to re-submitting to the City of San Jose.
We have received the first round of feedback from Planning. The largest items are related to setbacks and parking requirements. We are working with our consultants to address all items and will be submitting back to Planning by the end of the month.
Last week, we received comments back from the City of San Jose. We have a meeting set with Planning Staff for next Thursday in order to discuss our project design in order for our design team to have the best understanding of what City of San Jose is looking for in our next round of submissions. In the meantime, we are working to finalize our design development consultants and selection of general contractor.