City Council

13. SUBDIVISION MAP (SUB) 2023-0003/VESTING TENTATIVE TRACT MAP (VTTM) NO. 19164 FOR CONDOMINIUM PURPOSES, DESIGN REVIEW (DR) 2023-0019, FINAL APPROVAL OF RESIDENTIAL ALLOCATION RESERVATION (RAR) 2023-0001, DENSITY BONUS CONCESSION/WAIVER REQUESTS, DEVELOPMENT AGREEMENT (DA) 2023-0002 This project is a new, live/work and residential condominium development that would include thirty-five (35) residential condominium units and seven (7) live/work units, for a total of forty-two (42) units in six (6) buildings, including two (2) affordable units, on approximately two (2) acres. The applicant’s requests include consideration of a subdivision, design review, final approval of a residential allocation reservation, and density bonus requests, including the use of State Density Bonus Law parking standards, and a Development Agreement. On October 10, 2023, the City of Tustin Planning Commission held a public hearing on the proposed project and adopted Resolution Nos. 4478 and 4479, recommending that the City Council approve the above-referenced requests. Applicant: Karen Alves City Ventures Homebuilding, LLC 3121 Michelson Drive, Suite 150 Irvine, Ca 92612 Property Owner: Michael Kim Tustin Capital LLC 3701 Wilshire Blvd., Suite 820 Los Angeles, Ca 90010 Location: 14042 Newport Avenue (APN Nos. 432-074-07, 08 & 09) Recommendation: That the City Council: 1. Adopt Resolution No. 23-46, that approves the following: • SUB 2023-0003/VTTM No. 19164 to subdivide the property for condominium purposes to construct a total of forty-two (42) residential units, including seven (7) live/work units, on approximately two (2) acres site; • DR 2023-0019 for site layout and 11/3/23, 12:13 PM Regular Meeting of the City Council/Closed Session-5:30 pm/Regular Meeting-7:00 pm building design; • Final Approval of RAR 2023-0001 reserving thirty-five (35) base residential units; and • Density Bonus request with five (5) percent of units identified as very-low income housing with a request for density bonus of twenty (20) percent (35 base units, plus 7 density bonus units); one (1) concession to remove the requirement for full replacement of frontage improvements along El Camino Real; two (2) waivers to reduce the minimum required ground floor commercial development standards within the live/work units that include the interior depth from forty-five (45) feet to thirteen (13) feet eight (8) inches (13'-8") and first (1st) floor plate height of the live/work units from sixteen (16) feet to ten (10) feet one (1) inch (10'1"); and use of State Density Bonus Law parking standards, which allow tandem parking. 2. Introduce and have the first reading by title only of Ordinance No. 1538 for DA 2023-0002 to accept the provision of community public benefits, by including two (2) affordable housing units for very low-income households, payment of a voluntary workforce housing incentive program in-lieu fee, and provision of a 1,392 square foot public amenity space. RESOLUTION NO. 23-46 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN APPROVING SUBDIVISION 2023-0003/VESTING TENTATIVE TRACT MAP 19164 FOR RESIDENTIAL CONDOMINIUM PURPOSES, DESIGN REVIEW 2023-0019, FINAL APPROVAL OF RESIDENTIAL ALLOCATION RESERVATION 2023-0001, DENSITY BONUS CONCESSION AND WAIVER REQUESTS TO CONSTRUCT A NEW, LIVE/WORK AND RESIDENTIAL CONDOMINIUM DEVELOPMENT PROJECT THAT WOULD INCLUDE THIRY-FIVE (35) RESIDENTIAL CONDOMINIUM UNITS AND SEVEN (7) LIVE/WORK UNITS, FOR A TOTAL OF FORTY- TWO (42) UNITS IN SIX (6) BUILDINGS, INCLUDING TWO (2) AFFORDABLE UNITS, ON APPROXIMATELY TWO (2) ACRES AT 14042 NEWPORT AVENUE ORDINANCE NO. 1538 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUSTIN, APPROVING DEVELOPMENT AGREEMENT (DA) 2023-0002 BETWEEN THE CITY OF TUSTIN AND CITY VENTURES HOMEBUILDING, LLC TO ACCEPT THE VOLUNTARY PROVISION OF COMMUNITY PUBLIC BENEFITS, BY INCLUDING TWO (2) AFFORDABLE HOUSING UNITS FOR VERY- LOW INCOME HOUSEHOLDS, PAYMENT OF VOLUNTARY WORKFORCE HOUSING INCENTIVE PROGRAM IN-LIEU FEE, AND A 1,392 SQUARE FOOT PUBLIC AMENITY SPACE FOR A NEW, LIVE/WORK AND RESIDENTIAL CONDOMINIUM DEVELOPMENT PROJECT THAT WOULD INCLUDE THIRY-FIVE (35) RESIDENTIAL CONDOMINIUM UNITS AND SEVEN (7) LIVE/WORK UNITS, FOR A TOTAL OF FORTY TWO (42) UNITS IN SIX BUILDINGS, INCLUDING TWO (2) AFFORDABLE UNITS, ON APPROXIMATELY TWO (2) ACRES AT 14042 NEWPORT AVENUE AGENDA REPORT REGULAR BUSINESS ITEMS 14-17