TITLE
Recommendation to authorize City Manager to accept a developer contribution in the amount of $475,000 in satisfaction of a condition of approval for the development of 207 East Seaside Way; and
Increase appropriations in the Tidelands Operations Fund (TF 401) in the City Manager Department (CM) by $475,000. (District 2)
DISCUSSION
City Council approval is requested to accept a developer contribution of $475,000 towards the construction cost of the Seaside Way Pedestrian Bridge that is currently under construction. This contribution, and an additional $270,000 worth of enhancements to the public promenade adjacent to the new bridge, satisfies a condition of approval for entitlement of an apartment building at 207 Seaside Way.
Development of properties south of Ocean Boulevard between the Long Beach Freeway and Alamitos Avenue are regulated by Downtown Shoreline Planned Development District (PD-6) zoning, and the Certified Local Coastal Program (LCP). These documents call for an east-west pedestrian path along the southerly border of properties with frontage on Seaside Way between Alamitos Avenue to the east and Chestnut Avenue to the west. This pedestrian path, at an Ocean Boulevard elevation, is intended to provide public access to shoreline resources and amenities and to connect the Downtown and the shoreline via key north-south connections such as The Promenade, Pine Avenue and the Terrace Theatre Plaza. The pedestrian path has been constructed over time as properties along Ocean Boulevard and Seaside Way have developed, and is partially complete between Alamitos Avenue and the Convention and Entertainment Center Plaza.
On May 21, 2015, the Planning Commission approved a Site Plan Review for a new five-story, 113-unit apartment building on a vacant undeveloped site at 207 E. Seaside Way. The project, proposed by Ensemble Investments (Developer), is a five-story building above a two-level, partially subterranean, 144-space parking structure with ac...
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