This ordinance approves an updated development agreement for the Potrero Power Station Mixed-Use Development Project, which includes changes to housing, transportation, and project timelines. It also confirms certain code waivers and ensures compliance with environmental and planning regulations.
Ordinance approving an Amended and Restated Development Agreement between the City and County of San Francisco and California Barrel Company LLC, a Delaware limited liability company, for the Potrero Power Station Mixed-Use Development Project; including but not limited to amendments to its Housing Plan, Transportation Plan, and Phasing Plan; affirming the applicability of certain Code waivers with respect to the Amended and Restated Development Agreement; making findings under the California Environmental Quality Act; and findings of conformity with the General Plan, and the eight priority policies of Planning Code, Section 101.1(b).
How it got here
The legislation originated from the need to amend and restate a development agreement for the Potrero Power Station Mixed-Use Development Project, following prior approvals and ongoing negotiations between the City and California Barrel Company LLC.
The Board approved the Original Development Agreement for the Potrero Power Station project, which was necessary for the development of the site.
The Planning Commission certified the Final Environmental Impact Report (FEIR) for the project, which is a prerequisite for the development agreement.
The first amendment to the Original Development Agreement was executed to address modifications needed for the project.
The Mayor submitted the Amended and Restated Development Agreement to the Board for approval, which includes significant updates to housing and community benefits.
The legislation was referred to the relevant departments for further review under the 30-day rule.
Reconstructed from attached documents & the official record
This ordinance changes the Planning Code and Zoning Map for the Potrero Power Station area by allowing taller buildings and altering rules on land use, parking, and building design. It also includes environmental findings and confirms consistency with the city's General Plan and priority policies.