City Council

13. SUBDIVISION MAP (SUB) 2023-0003/VESTING TENTATIVE TRACT\nMAP (VTTM) NO. 19164 FOR CONDOMINIUM PURPOSES, DESIGN\nREVIEW (DR) 2023-0019, FINAL APPROVAL OF RESIDENTIAL\nALLOCATION RESERVATION (RAR) 2023-0001, DENSITY BONUS\nCONCESSION/WAIVER REQUESTS, DEVELOPMENT AGREEMENT\n(DA) 2023-0002 This project is a new, live/work and residential\ncondominium development that would include thirty-five (35) residential\ncondominium units and seven (7) live/work units, for a total of forty-two\n(42) units in six (6) buildings, including two (2) affordable units, on\napproximately two (2) acres. The applicant’s requests include\nconsideration of a subdivision, design review, final approval of a\nresidential allocation reservation, and density bonus requests, including\nthe use of State Density Bonus Law parking standards, and a\nDevelopment Agreement. On October 10, 2023, the City of Tustin\nPlanning Commission held a public hearing on the proposed project and\nadopted Resolution Nos. 4478 and 4479, recommending that the City\nCouncil approve the above-referenced requests. Applicant: Karen Alves\nCity Ventures Homebuilding, LLC 3121 Michelson Drive, Suite 150 Irvine,\nCa 92612 Property Owner: Michael Kim Tustin Capital LLC 3701 Wilshire\nBlvd., Suite 820 Los Angeles, Ca 90010 Location: 14042 Newport Avenue\n(APN Nos. 432-074-07, 08 & 09)\nRecommendation: That the City Council: 1. Adopt Resolution No. 23-46,\nthat approves the following: • SUB 2023-0003/VTTM No. 19164 to\nsubdivide the property for condominium purposes to construct a total of\nforty-two (42) residential units, including seven (7) live/work units, on\napproximately two (2) acres site; • DR 2023-0019 for site layout and\n11/3/23, 12:13 PM Regular Meeting of the City Council/Closed Session-5:30 pm/Regular Meeting-7:00 pm\nbuilding design; • Final Approval of RAR 2023-0001 reserving thirty-five\n(35) base residential units; and • Density Bonus request with five (5)\npercent of units identified as very-low income housing with a request for\ndensity bonus of twenty (20) percent (35 base units, plus 7 density bonus\nunits); one (1) concession to remove the requirement for full replacement\nof frontage improvements along El Camino Real; two (2) waivers to\nreduce the minimum required ground floor commercial development\nstandards within the live/work units that include the interior depth from\nforty-five (45) feet to thirteen (13) feet eight (8) inches (13'-8") and first\n(1st) floor plate height of the live/work units from sixteen (16) feet to ten\n(10) feet one (1) inch (10'1"); and use of State Density Bonus Law parking\nstandards, which allow tandem parking. 2. Introduce and have the first\nreading by title only of Ordinance No. 1538 for DA 2023-0002 to accept\nthe provision of community public benefits, by including two (2) affordable\nhousing units for very low-income households, payment of a voluntary\nworkforce housing incentive program in-lieu fee, and provision of a 1,392\nsquare foot public amenity space. RESOLUTION NO. 23-46 A\nRESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN\nAPPROVING SUBDIVISION 2023-0003/VESTING TENTATIVE TRACT\nMAP 19164 FOR RESIDENTIAL CONDOMINIUM PURPOSES, DESIGN\nREVIEW 2023-0019, FINAL APPROVAL OF RESIDENTIAL ALLOCATION\nRESERVATION 2023-0001, DENSITY BONUS CONCESSION AND\nWAIVER REQUESTS TO CONSTRUCT A NEW, LIVE/WORK AND\nRESIDENTIAL CONDOMINIUM DEVELOPMENT PROJECT THAT\nWOULD INCLUDE THIRY-FIVE (35) RESIDENTIAL CONDOMINIUM\nUNITS AND SEVEN (7) LIVE/WORK UNITS, FOR A TOTAL OF FORTY-\nTWO (42) UNITS IN SIX (6) BUILDINGS, INCLUDING TWO (2)\nAFFORDABLE UNITS, ON APPROXIMATELY TWO (2) ACRES AT 14042\nNEWPORT AVENUE ORDINANCE NO. 1538 AN ORDINANCE OF THE\nCITY COUNCIL OF THE CITY OF TUSTIN, APPROVING\nDEVELOPMENT AGREEMENT (DA) 2023-0002 BETWEEN THE CITY\nOF TUSTIN AND CITY VENTURES HOMEBUILDING, LLC TO ACCEPT\nTHE VOLUNTARY PROVISION OF COMMUNITY PUBLIC BENEFITS,\nBY INCLUDING TWO (2) AFFORDABLE HOUSING UNITS FOR VERY-\nLOW INCOME HOUSEHOLDS, PAYMENT OF VOLUNTARY\nWORKFORCE HOUSING INCENTIVE PROGRAM IN-LIEU FEE, AND A\n1,392 SQUARE FOOT PUBLIC AMENITY SPACE FOR A NEW,\nLIVE/WORK AND RESIDENTIAL CONDOMINIUM DEVELOPMENT\nPROJECT THAT WOULD INCLUDE THIRY-FIVE (35) RESIDENTIAL\nCONDOMINIUM UNITS AND SEVEN (7) LIVE/WORK UNITS, FOR A\nTOTAL OF FORTY TWO (42) UNITS IN SIX BUILDINGS, INCLUDING\nTWO (2) AFFORDABLE UNITS, ON APPROXIMATELY TWO (2) ACRES\nAT 14042 NEWPORT AVENUE\nAGENDA REPORT\nREGULAR BUSINESS ITEMS 14-17