13 Desk Item - 347 Massol AvenueawN 0 MEETING DATE: 6/16/08
ITEM NO: 13
DESK ITEM
~~S GASES
COUNCIL AGENDA REPORT
DATE: June 16, 2008
TO: MAYOR AND TOWN COUNCIL
FROM: GREG LARSON, TOWN MANAGER
SUBJECT: CONSIDER WHETHER TO APPROVE A GENERAL PLAN AMENDMENT
FROM MEDIUM DENSITY RESIDENTIAL (5-12 DWELLING UNITS PER
ACRE) TO HIGH DENSITY RESIDENTIAL (12-20 DWELLING UNITS PER
ACRE) AND INTRODUCE AN ORDINANCE MAKING A ZONE CHANGE
FROM RM:5-12 TO RM:12-20:PD FOR A FIFTY-SIX LOT RESIDENTIAL
SUBDIVISION TO CONVERT THE EXISTING APARTMENTS TO
CONDOMINIUMS. APN 510-14-004. PROPERTY LOCATION: 347
MASSOL AVENUE. PROPERTY OWNER: PROPERTY OWNER: LYON
BAY TREE APARTMENTS, LLC. APPLICANT: APPLICANT: LYON
REALTY ADVISORS. FILE #GP-08-01 & PD-07-02.
RFMAPV.q-
The attached petition and letters of support were received after the report on this matter was
finalized.
Additionally, staff wanted to clarify that if the Planned Development and General Plan
amendment are approved the subsequent Architecture and Site application will be reviewed and
360 degree architecture will be encouraged. All Architecture and Site applications take 360
degree architecture into consideration. The Architecture and Site application will then be
reviewed by the Town's Consulting Architect and Development Review Committee and/or
Planning Commission depending on the level of architectural improvement of the proposed
plans.
A i i-a chsnenfc
Previously submitted to the Town Council:
1-8. Previously Submitted
9. Petition and two letters of support (23 pages), received June 12, 2008
BNL:JP j K
PREPARED BY: BUD N. L RT-Z
DIRECTOR OF COMMUNITY DEVELOPMENT
N:1DEVICNCLRPTS12o08\347Masso1DESK, doc
Reviewed by: Assistant Town Manager Town Attorney
Clerk Administrator Finance ommunity Development
PETITION FOR THE LOS GATOS TOWN COUNCIL
The owners of The Bay Tree Apartments at 347 Massol in the
historic Almond Grove District are seeking permission to convert
this 56 unit apartment community to ownership condominiums.
We support this conversion because it will give Los Gatos a significant addition
of ownership homes at a substantially lower cost than the surrounding single
family homes, ideal for seniors and first time buyers.
The current owners will be upgrading the property and addling over 60% more
parking spaces to the site. Additionally, the conversion will add the stability of
pride of ownership to the neighborhood and reduce renter turnover.
Respectfully submitted,
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ATTACHMENT 9
PETITION FOR THE LOS GATOS TOWN COUNCIL
The owners of The Bay Tree Apartments at 347 Massol in the
historic Almond Grove District are seeking permission to convert
this 56 unit apartment community to ownership condominiums.
We support this conversion because it will give Los Gatos a significant addition
of ownership homes at a substantially lower cost than the surrounding single
family homes, ideal for seniors and first time buyers.
The current owners will be upgrading the property and adding over 60% more
parking spaces to the site. Additionally, the conversion will add the stability of
pride of ownership to the neighborhood and reduce renter turnover.
Respectfully submitted,
Name:_~
Address:__~__;-~c i~Le/a Y-la
Comments (optional);-- G-Poi-a IJep
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Comments (optional):---~-11:!.. _1 4 CL_________________
PETITION FOR THE LOS GATOS TOWN COUNCIL
The owners of The Bay Tree Apartments at 347 Massol in the
historic Almond Grove District are seeking permission to convert
this 56 unit apartment community to ownership condominiums.
We support this conversion because it will give Los Gatos a significant addition
of ownership homes at a substantially lower cost than the surrounding single
family homes, ideal for seniors and first time buyers.
The current owners will be upgrading the property and adding over 60% more
parking spaces to the site. Additionally, the conversion will add the stability of
pride of ownership to the neighborhood and reduce renter turnover.
Respectfully submitted,
Name:--J-U-- CL I!1 G~_ = S -eJ-------------
Address:-- --C.U_ -A- YA A
Comments (optional): _ y S 2~__~'__ Obis So
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PETITION FOR THE LOS GATOS TOWN COUNCIL
The owners of The Bay Tree Apartments at 347 Massol in the
historic Almond Grove District are seeking permission to convert
this 56 unit apartment community to ownership condominiums.
We support this conversion because it will give Los Gatos a significant addition
of ownership homes at a substantially lower cost than the surrounding single
family homes, ideal for seniors and first time buyers.
The current owners will be upgrading the property and adding over 60% more
parking spaces to the site. Additionally, the conversion will add the stability of
pride of ownership to the neighborhood and reduce renter turnover.
Respectfully submitted,
Name:_----'~-5-
Address:-------
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PETITION FOR THE LOS GATOS TOWN COUNCIL
The owners of The Bay Tree Apartments at 347 Massol in the
historic Almond Grove District are seeking permission to convert
this 56 unit apartment community to ownership condominiums.
We support this conversion because it will give Los Gatos a significant addition
of ownership homes at a substantially lower cost than the surrounding single
family homes, ideal for seniors and first time buyers.
The current owners will be upgrading the property and adding over 60% more
parking spaces to the site. Additionally, the conversion will add the stability of
pride of ownership to the neighborhood and reduce renter turnover.
Respectfully submitted,
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Name:--- - 22'7 ---CA
Address:: Y-0 - -l - 2o
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PETITION FOR THE LOS GATOS TOWN COUNCIL
The owners of The Bay Tree Apartments at 347 Massol in the
historic Almond Grove District are seeking permission to convert
this 56 unit apartment community to ownership condominiums.
We support this conversion because it will give Los Gatos a significant addition
of ownership homes at a substantially lower cost than the surrounding single
family homes, ideal for seniors and first time buyers.
The current owners will be upgrading the property and adding over 60% more
parldng spaces to the site. Additionally, the conversion will add the stability of
pride of ownership to the neighborhood and reduce renter turnover.
Respectfully submitted,
Name:----
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Address:-_ _
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Comments (optional):----------- ---------~~1 f-------
Name:-
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PETITION FOR THE LOS G TOS TOWN COUNCIL
The owners of The, Bay Tr(_1 ' e.Apartments at '347.Massol in the.
historic fond Grove Disui.ct are sc& - permi'siod to Oavert
this i6 unit apart ment .cnmmunlty to owner-ship- condon-li.niurim.
We supparr-this- conversion btcaust it ,vv ll~RJA c Los -CTatm a significont addition
of oi-~nership horn es at a ,substantially lbWer -coast- that' the surrounding .single
family homes, ideal tor-senaors. and- Orst: time Miners;
The . atrrent owners Wiq be. upggra g., the : pertyr. anct.ltd0wi € vpr 60%. more
narking spaces to the site. Additionally, the ednveNd' 'n w iil add. the stability of
pride cif, cnvnCrship :to 4heneighborhood and. reduce ranter turnover.
Respe0fully submitted,
crnunents (ctptionl~:-~- . .
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Comments
.
PETITION FOR THE LOS GATOS TOWN COUNCIL
The owners of The Bay Tree Apartments at 347 Massol in the
historic Almond Grove District are seeking permission to convert
this 56 unit apartment community to ownership condominiums.
We support this conversion because it will give Los Gatos a significant addition
of ownership homes at a substantially lower cost than the surrounding single
family homes, ideal for seniors and first time buyers.
The current owners will be upgrading the property and adding over 60% more
parking spaces to the site. Additionally, the conversion will add the stability of
pride of ownership to the neighborhood and reduce renter turnover.
Respectfully submitted,
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Address: -Z~-O---___-~
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Comments (optional):_----------------------
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PETITION FOR THE LOS GATOS TOWN COUNCIL
The owners of The Bay Tree Apartments at 347 Massol in the
historic Almond Grove District are seeking permission to convert
this 56 unit apartment community to ownership condominiums.
We support this conversion because it will give Los Gatos a significant addition
of ownership homes at a substantially lower cost than the surrounding single
family homes, ideal for seniors and first time buyers.
The current owners will be upgrading the property and addling over 60% more
parking spaces to the site. Additionally, the conversion will add the stability of
pride of ownership to the neighborhood and reduce renter turnover.
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Name: L -L-,~21----- - _-~-f ----x----T---------
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Comments (optional):- ~ ----~~1
PETITION FOR THE LOS GATOS TOWN COUNCIL
The owners of The Bay Tree Apartments at 347 Massol in the
historic Almond Grove District are seeking permission to convert
this 56 unit apartment community to ownership condominiums.
We support this conversion because it will give Los Gatos a significant addition
of ownership homes at a substantially lower cost than the surrounding single
family homes, ideal for seniors and first time buyers.
The current owners will be upgrading the property and adding over 641/6 more
parking spaces to the site. Additionally, the conversion will add the stability of
pride of ownership to the neighborhood and reduce renter turnover.
Respectfully submitted,
Name:---7--I-q -
Address:-f --1
Comments (optional): - _ /o/e,
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PETITION FOR THE LOS GATOS TOWN COUNCIL
The owners of The Bay Tree Apartments at 347 Massol in the
historic Almond Grove District are seeking permission to convert
this 56 unit apartment community to ownership condominiums.
We support this conversion because it will give Los Gatos a significant addition
of ownership homes at a substantially lower cost than the surrounding single
family homes, ideal for seniors and first time buyers.
The current owners will be upgrading the property and adding over 60% more
parking spaces to the site. Additionally, the conversion will add the stability of
pride of ownership to the neighborhood and reduce renter turnover.
Respectfully submitted,
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Address:---
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Mayor Barbara Spector
And Members of the Town Council
Town of Los Gatos
110 E. Main St.
Los Gatos, CA 95030
June 11, 2008
Dear Mayor Spector and Members of the Town Council:
JUN 12 200
TOWN Or LOS GAT OS
CLERK DF-PAP'T';. E !T
The chance to create a newer, more affordable class of home ownership in The Almond Grove
makes the application by The Bay Tree Apartments to convert to condominiums an opportunity
too good to refuse. I urge the Town Council to work with the Bay Tree owners to assure that the
proposal goes forward.
Two types of buyers, in particular, stand to gain from approval of these condominiums. They are
seniors who own single-family homes and would like to downsize to more affordable housing
and younger people who cannot afford to buy at today's high prices for single-family homes. My
family falls into both categories. I have recently sold my large home and would consider buying
a smaller one in a place like The Bay Tree. Our daughter & two sons would benefit from having
a more affordable type of condominium that would allow them to remain in the town where they
grew up.
The main obstacles to approval of the application appear to be the parking requirements for new
construction, which are being applied retroactively to this application, and the owner's ability to
afford almost giving away several subsidized units.
Parking has never seemed to be a significant problem on Massol, and I have always noticed
empty spaces along the curb. While the current on-site parking requirements may be suitable for
new construction, they should not be used to eliminate all condominium conversions. As a
former mayor, I believe if a policy is either unreasonable or inapplicable, it should be changed or
not applied.
As for the BMP requirements, the gap between the proposed subsidized prices and the current
market prices in Los Gatos goes far beyond what anyone could have imagined when the regional
guidelines were developed years ago. I leave it to you to work out what can be accomplished.
But don't let this one get away.
Sincerely,
Pat Laughlin
Michael Silva
675 N. Santa Cruz Ave.
Los Gatos, CA 95030
Los Gatos Town Council
110 E. Main St.
Los Gatos, CA 95030
June 13, 2008
Dear Mayor Spector and Council Members,
JUN 12 2008
TOWN Of- LOS GA T OS
CLERK DEPP.RTMENT
As a renter who supports opportunities for more affordable housing in Los Gatos,
I urge you to approve the application of The Bay Tree Apartments to convert to
individually owned condominiums.
The Bay Tree represents an opportunity to contribute to two types of housing
affordability, subsidized housing for very low-income people and home ownership for
people who would like to buy homes, but are forced by high prices to rent.
Seniors, in particular, are likely to benefit. Our town is getting older, and many
people here no longer need the big houses where they raised their families. Having an
opportunity to downsize to less expensive housing, particularly close to downtown, will
allow many people to take the equity out of their homes and live a more affluent life
during their senior years.
Thank you for your consideration.
Sincerely,
Michael Silva