Title
MACARTHUR COURT (PA2025-0090)
Site Location: 4665, 46575, 4680, 4685, and 4695 MacArthur Court, and 4470 Campus Drive and APN 445-121-17
...Recommendation
Summary:
A request for a development agreement and affordable housing implementation plan for the future development of MacArthur Court Campus, a mixed-use campus consisting of two new five-story residential buildings containing 700 residential units (MacArthur Court Apartments), and a new 10,000-square-foot retail building. The project would include the demolition of approximately 126,837 square feet of existing office buildings and retention of two existing high rise office towers and an existing parking garage. The applicant requests the following approvals to vest the development rights for the project:
· Development Agreement (DA) - A development agreement between the applicant and the City, pursuant to Chapter 15.45 (Development Agreements) of the Newport Beach Municipal Code (NBMC), which would provide the applicant with the vested right to develop the project for a term of 10 years and to provide negotiated public benefits to the City; and
· Affordable Housing Implementation Plan (AHIP) - A preliminary plan specifying how the project would contribute affordable housing as a public benefit, by providing affordable housing units equivalent to 7% of up to 700 market rate residential units, or up to 49 affordable housing units. The applicant will identify an appropriate site for development of the 49 affordable units at a future date.
The Project would require approval of a future Site Development Review prior to building permit issuance, as no specific design for the Project is included.
Recommended Actions:
1. Conduct a public hearing;
2. Find this project is not subject to further environmental review pursuant to Section 21083.3 of the California Public Resources Code (PCR) and Section 15183 of the CEQA Guidelines because the project is consistent with the previously certified Program Envi...
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