sr-102759-8cDATE:
CITY OF SANTA MONICA
ITE- T T
October 23, 1959
George Bundy, Acting City T~ianager
Russell F. Priebe, Redevelopment Agen
Ocean Park Area - Request for Zone Change
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L,S,. Storrs, Flanning Director, has reviewed with me the
scope of the request for zone change (to R-4) of the area
which lies generally northwest of the rear property line on
the northwest side of Hollister Ave. and southwest of Pleilson
Way. It should be noted that it relates to current and future
redevelopment in the general Ocean Park area in the following
ways:
1. Physical effect
2. Physical effect
3. Competition for
on Project No. Ia
on a future Project No. 2
the housing market
Physically, it is desirable to upgrade the area surround-
ing Ocean Park Project Ia or Ib. F.H.A. has and will raise
questions concerning the feasibility of insuring montages in
a specific project area when the surrounding area is blighted
and not being improved. ti potential Ocean Park Project No. 2
includes that area lying northwest of Ocean Park Blvd. to the
aforementioned rear property line on Hollister Ave., and con-
tinuing generally northeast to the center line of Washington
Blvd.; then southeast to the City limits and northwest to Pico
Blvd. Thus the land lying within the proposed zone change
area, is not within a potential redevelopment project area,
and if development according to the Master Plan, will~h sically
benefit Project Ia and our potential Project No. 2 by improv-
ing project surroundings.
In relation to competition for the housing market, we
currently plan to dispose of land for residential uses in
Project NaIa. in 1962-1963. Development should be completed
by 1966. Therefore, it appears that current residential
development in the proposed zone change area would not compete
with the Project Ia housing market but serve as a stimulus
for future occupants of Project Ia housing by providing im-
proved surroundings. This logic should also apply to our
potential Project No. 2.
Russell'F. Priebe
Executive Director
RFPJm
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