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Agenda Item

9-c. 24-0276 732 Packard Street PUD Zoning District and Supplemental Regulations, and Site Plan for City Council Approval: A request to rezone a 1.27-acre site from C1A/R (Campus Business Residential) to PUD (Planned Unit Development) and adopt Supplemental Regulations to allow development up to 450,000 square feet and 14 stories, and a site plan to construct a 14-story apartment building with optional ground floor commercial. Proposed beneficial effects of the PUD district include affordable housing (by payment in lieu), enhanced sustainability and open space. As proposed, the building has 376 apartments, 82 vehicle parking spaces, 329 bicycle parking spaces and includes streetscape improvements. The site includes 12 parcels: 722, 726, 732, 736, and 740 Packard Street, and 917, 921, 923, 925, 927, 931 and 933 South State Street. Staff recommendation: Approval.