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15. Office allocation GPCity of Cupertino 10300 Torre Avenue Cupertino, CA 95014 (40$} 777-330$ Fax: (408) 777-3333 CUPERTINO Community Development Department Summary Agenda Item No. ~ J Agenda Date: October 21, 2008 SUBJECT Consider taking up the question of incxeasuig office space and hotel allocation as part of a General Plan Amendment. RECOMMENDATION Initiate a discussion on haw to best proceed: with analysis related to a potential increase u1 office space and hotel room allocation numbers. BACKGROUND Attached are two letters from Apple Inc. an+~ Hewlett Packard, asking the City Council to initiate a discussion related to the cap on office allocation in Cupertino. This issue was brought up by Apple at the September 16th City Council meeting when the South Vallco Master Plan was approved.. At that time, the Council was not ready to refer this issue to the Housing Element process. General Plan Policy 2-20 establishes develoi+ment allocation to "Provide sufficient development opportunities for these areas i~z order to enhance their distinct character and functions, ~vhile maintaining the desired transportation levels of service." The Cupertuzo General Plan, adopted by the Citq Council on November 15, 2005 Iists six strategies to achieve that goal, including #5, "Allocation Review". It states, "Review allocations of the development priorities periodically to ensure that the development priorities meet City needs and goals." Currently, the remaining allocation for offic+~ development is 466,627 square feet. This reflects all reductions to date for completed and/or entitled projects. The number i~icludes the 150,000 square. feet set aside for "coaporate headquarters". See attadtment D for a breakdown u1 the amount of square .Footage by area. 15-1 Office Allocation Page 2 of 3 ANALYSIS Any future office projects will further draw down on the total remaining allocation. For projects in areas with no allocation remaining, drawing from other areas is allowed by the general plan, but must be approved by the City Council. This would likely occur as a proportional reduction across all of the areas v. just one area. Currently, there are several potential office projects that could draw down on the existing 466,627 square feet over the next few years. They include: 1. Apple's new campus in the North Vallco area 2. HP's potential expansion of their existing campus 3. Sand Hill Property's "Main Street" mixed project which includes 100,000 to 200,000 square feet of new office space. While precise numbers for additional office allocation needs for these and other future projects have yet to be determined, staff believes that the number in the range of 800,000 to 1,000,000 square feet. Currently there is approximately 12,000,000 square feet of commercial/office development. Consequently, this change would equal approximately 6 to 8 percent increase in building area over the remaining twelve year built-out of the current General Plan. Additionally, there is very little hotel allocation remaining (78 rooms) beyond the 600+ rooms earmarked for Cupertino Square through a Development Agreement. Future hotel projects can proceed using a foi-znula that converts commercial/retail space to hotel rooms. This was recently done with the approval of a I1ote1 at The oaks shopping center. However,~it would be useful to anticipate future 1lotel needs for other parts of the city that don't draw down on the City's retail allocation. Retail allocation overall sits at over 377,521 which should be adequate zultil the next General Plan process. Future hotel allocation needs are likely to be in the neighborhood of 600 roams. There are currently two hotel projects in the planning phase -10165 N. De Anza at Alves with 138 rooms, and as many as 250 rooms at Main Street Cupertino. It is generally true that hotels generate less peak hour trips, and have the additional benefit of generating Transit occupancy Taxes for the City. Having the discussion about development allocations within the Housing Element process appears to make sense because increased office allocation has an effect on the amount of houshlg that ultimately needs to be considered. It also consolidates the number of general plan amendments, makes the cornmuxtity process more cohesive, and streamlines environmental review. 15-2 Office Allocation Page 3 of 3 COUNCIL OPTIONS The City Council may consider the following alternatives: underway. 2. Itlitiate a separate General Plan amendment to address this issue. 3.. Do not authorize review of the office and hotel allocations. 1. Include this discussion as part of the Housing Element process, already Regardless of the alternative chosen, t:lere will be significant costs related to environmental review, including traffic analysis, which should be borne by the three major potential applicants listed above. Costs are estimated to at $200,000 to $300,000. Staff believes that this review can be conducted within the tixneframe set aside for the Housing Element Update. Enclosures: Exhibit A -Letter from Apple Inc. Exhibit B -Letter from Hewlett Packard Exhibit C -- General Plan page 2-16 Exhibit D -Remaining Office Development Allocation by Area_ Prepared by: Gary Chao, City Planner Submi ~Teve I'1aseCK1 Director of Community Development G: \Plaru~ing\PDREPORT\CC\2008\OfficeSpaceAllocation.DQC Approved by: David W. Knapp City Manager 15-3 Exhibit A s October 7, 2008 The Honorable Dolly Sandoval Mayor City of Cupertino 7 0300 Torre Avenue Cupertino, CA 95014-3255 Dear Mayo, S v~: l write to respectfully request that you place a discussion of increasing the office space allocation in Cupertino on the next City Council agenda. - Apple has been headquartered in Cupertino since its founding, and has forged a unique and close relationship with the city. As you know, Apple has decided to invest and grow in our city, and has purchased over 50 acres in the Vallco area to build our new campus. We hope to move this process forward but have identified a few issues that are impeding our progress. One factor is ensuring that adequate square footage is available to build out the new campus. Unfortunately, the current General Plan does not have enough commercial square footage allocated to meet the needs of Apple and the other growing businesses of Cupertino. Fortunately, the city will be amending its General Plan next year as part of the housing element update. We believe that the city can address both its housing needs and its commercial needs through this process. It will greatly aid not only Apple's future needs, but also those of the other businesses in Cupertino. Thank you for your consideration of this request. Vef truly y~rs, / G~ . Mic ael Foulkes Sr. Manager State and Local Government Affairs 15-4 Exhibit. B ® ~ Howloft-Packan# Company 1501 Page MGII Road Palo ANo, CA 44304 www.hp.com Bill Roberts Director Real Estate Hewlett-Packard Compeny 650.857.2183 Tcl 650857.5820 Fox bill.robe~is@hp.com October 2, 2008 The Honorable potty Sandoval Mayor City of Cupertino 10300 Torre Avenue Cupertino, CA 95014-3255 Dear Mayor Sandoval: I am sending this letfer on behalf of the Hewlett-Packard Company to request that you agendize a discussion with your fellow council members related to the amount of office space currently allowable in Cupertino's General Plan. NP has been a member of the Cupertino community for nearly forty years. {)wring this time, the nature of our Cupertino operations has changed significantly and thus several of our current buildings no (onge,r meet our workplace requirements. Over fhe coming rnonihs we will be defining how to upgrade and improve our facilities. During the same period we will also be defining our long-term growth plan in Cupertino as well as other locations. It would be very important for us to understand how much capacity we will be able to efficiently create at our campus location over time. HP respecifugy requests fhe opportunity to work with the Cify of Cupertino to defermine how our company can secure additional square footage on our North Vallco campus in an open and expeditious manner. Thank you for your prompt attfantion to this mafler. Regards~~ ~z Bill Roberts Director, Real Estate Hewlett-Packard Company 15-5 2'lU .LAND USE/CaMMUNITY DESIGN ~~~~ n Allocating Development Potential 2. Neighborhood Allocation. Allocate Development activity should be con- neighborhood residential units through -- _ _ trolled so that private development fulfills City the building permit process unless sub> goals and priorities. There is a finite amount of division or planned unit development new development that can take place before aPPlications are required. traffic levels exceed the City's desired trans- 3. Major companies. Prioritize expansion portationlevel of service. Full `build-out" is not of office space for existing major com- u" an urgent goa . e uncommi~ed-d v~elop- - Panies in Cupertino. Retain a pool of ment potential from properties that are not 150,000 square feet to be drawn down "built-out" should be reserved to meet futuxe by companies with Cupertino sales City development needs and overall goals. Cm offices and corporate headquarters. New a case-by-case basis, the City may allocate office development must demonstrate development potential to private develop- that the development positively con- menu based on the community benefits the tributes to the fiscal well being of the project would provide. The remaining imcom- miffed development potential will be allocated as shown in the Development Allocation 4, Flexible Allocations. Allow flexibility Table. Further adjustments to these allocations among the allocations assigned to each maybe necessary to ensure that the Ciry's eco- geographical area. Allocations may be nomic needs and goals are met. Citywide redistributed from one geographical development potential is calculated by sum- area to another if necessary and if no .ming the development potential from each of significant environmental impacts, par- the City's areas. Each area bas unique develop- titularly traffic, are identified. ment concepts applied to it to determine its .-. potential.~Individual properties are assigned ~r, Allocation Review Review allocations base development potential, but mostproperty ~ of the development priorities periodi- owners will need to apply for additional.alloca- tally to ensure that the development bons to develop their properties. priorities meet City needs and goals. Policy 2-24: Diversity of Land Use Maintain a city structure of Neighbor- hoods, Commercial areas, Employment areas and Education/ Cultural areas. Provide sufficient development oppoltu- nities for these areas in order to enhance their distinct character and functions, while maintaining the desired trans- portation levels of service. ~a - ~• ~~~ Strategies: 6. Development Agreements. Unused development potential committed in development agreements may be reallo- cated following the .expiration of each development agreement, after a public hearing. Neighborhoods and Non-Residential Centers NEIGHBORHOODS 1.~. Citywide Development Allocation. Allocate new development citywide in Many of Cupertinds residential neigh- accordance with Table 2-A Develop- borhoods are distinct enclaves, such as ment Allocation. ~ Garden Gate, Linda Vista, Monta Vista, CITY OF CUPERTINO GENERAL PLAN 15-6 EXHIBIT D Remaining office development allocation bar area: 175,185 150,000 36,795 11,456 95,532 0 15,790 -18,131 466,627 square feet N. De Anza Corporate Headquarters Monte Vista Heart of the City Vallco Park North Vallco Park South Bubb Road {negative balance} Remainin Hotel allocation b area: 764 Vallco Park South (686 committed to Cupertino Square, now Evershine) = 78 rooms remaining . In the example of the Oaks, the developer h;~d to convert retail/commercial square footage into hotel allocation. Remaining Retail allocation: 377,521 square feet 15-7