clapping are you a parents thats unemployed and struggling to pay Child Support we have teamed up and positions ourself to offer an opportunity for permanent employment. For more information good morning im laurence cornfield chief building inspector and like to welcome you to our Brown Bag Lunch we do the third thursday of every month at the department of building inspection. We invite you to participate so call for information and join us. Our next talk is on decks and balcones. Today we will talk about commercial restaurants in San Francisco. We have a lot of people in the audience who are restaurant exe experts and architects and industry people. I should talk about commercial restaurants and how to get permit issues resolved and problems resolved during lunchtime. Is probably not a thing thats going to attract a lot of people in the commercial Restaurant Business because they work at lunch and they are not here. Hopefully we can broadcast this and may be if there is an interest we
Have already exceeded the Affordable Housing requirement in mission bay north and with if we built the there, 4 p 3 with the amendment proposed, we would have exceeded the requirements by over 79 units so one of the things i would like to summarize, we have exceeded the requirements on mission bay north and we have met the requirements at 57 percent ami and the rehaning requirement is the 80 units at moderate income and the amendment will reduce that requirement which is 80 units out of 129. This is a Market Redevelopment that has no public subsidi. We have done analysis. It would be infeasible to built without subsudi from another source. Its a requirement at 110 percent ami to 26 affordable units and theres clean up items related to the amendments that changes the percentages that follow once you make this amendment. Were available for any questions, both the Development Team as well as staff. Thank you. Supervisor wiener. I have questions for staff so thank you for the presentation
Tower, youre combined household is 87,700. The development of this last site has had challenges of which youll hear in the presentation on oci in which they can describe in more details. Its an oddly shaped parcel and wrapped by the freeway and theres height limitations on this site in conformities to the buildings that surround it. Its consistent with our city wide program and it produces horse housing. Its a discussion we have here constantly at the board of supervisor. I want to recognize the project sponsor for working really closely with our office, the staff of ocii and the commission on figuring out how to meet many of our different dwoels and priorities and to deliver a project which will be set to break bound this year in august of 2014. And we also appreciate that this development fits within the policy framework that our city is building upon for below market rentals and below homeowner ship units. I do want to recognize that we do have the president of Community Development
But the developer pulled out because they couldnt get the financing. Personally, i joined the mission bay in 2007 and i got two or three calls from other developers and none of them have progressed other than initial conversations. In addition the master developer told us theyve been marketing this site with those existing o pa requirements and havent been to attack the one developer who couldnt make it work, however, they started construction in 2011 and exploring opportunity to amend the o pa to make it feasible. Just before i move on there was a systematic design and this design looks like this the integral are having this design. So we will not come back with the design if they change it significantly well come back to you for additional approval for the design. As part of their Due Diligence they did an affectionate requirement. Tim from the Concord Group is here to answer questions about the study. The study you found out that any moderate for sale units will have a public subsid
We have 6 hundred plus unit more than the ot a required so were over leveling percent more than the original that was required. We have 20 more than the o pa. This is; however, while the master developer has succeeded those a theyve not provided the breakdown as required. They built one hundred opt above that was required so even though we have 20 unit more if you do the math we have the last requirement for the 80 moderate unit. This tramths to one hundred and 10 percent as a 4 percent household earning. We do anticipate that any additional moderate rate units will be built for Affordable Housing. The full built out in the south the oc i will have one hundred and 8 additional units. Based on the affordability of the financing forces we anticipate all the 11 hundred units to be low and theres no other tax credit that target the moderate rate. Theres an inclusionary requirement that requires an inclusionary unit to target the low income. So block 4 p is the only additional income unit.