SR 04-26-2016 3O
City Council
Report
City Council Meeting: April 26, 2016
Agenda Item: 3.O
To: Mayor and City Council
From: David Martin, Director, Planning and Community Development, Planning &
Community Development, City Planning
Subject: Resolution Approving Final Tract Map No. 73815 for 30 Residential
Condominium Units and One Commercial Condominium Unit at 2300 Wilshire
Blvd.
Recommended Action
Staff recommends that the City Council adopt the attached resolution approving Final
Tract Map No. 73815 to allow a 31-unit condominium airspace subdivision consisting of
30 residential condominium units and one ground floor commercial condominium unit, at
2300 Wilshire Blvd.
Executive Summary
This report transmits for City Council approval a Final Tract Map for the following
condominium project. The Vesting Tentative Parcel Map was approved by the Planning
Commission on April 18, 2012.
PARCEL MAP ADDRESS SUBDIVIDER UNITS
No. 73815 2300 Wilshire Blvd. East Pacific Properties, LLC 31
Discussion
A Vesting Tentative Map application was submitted to the City Planning Division on
November 28, 2006, along with Development Review Permit (DRP) and Design
Compatibility Permit (DCP) applications to construct a three-story, mixed-use
development with 22,283 square feet of ground floor commercial retail area, 2,700
square feet of restaurant space, and 30 market-rate residential condominium units on a
property located in the C6 (Boulevard Commercial) zoning district of the 1988 Zoning
Ordinance (as amended). The applications, including the Vesting Tentative Map, were
approved by the Planning Commission on April 18, 2012. The approvals for the DRP
and DCP requests had an expiration date of May 3, 2013, which were subsequently
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on August 27, 2014, the DRP and DCP approvals were further extended to coincide
with the expiration of the Vesting Tentative Map on April 29, 2016.
The subdivision associated with the approved Vesting Tentative Map proposes a 31-unit
condominium airspace subdivision consisting of thirty (30) residential condominium
units and one (1) ground floor commercial condominium unit. The action of the
Planning Commission approving the Vesting Tentative Map was based on its findings
that the proposed subdivision will have no significant environmental impact and is in
conformance with all state and local laws and regulations, and applicable General Plan
Elements. The Final Map conforms to the Tentative Map approved by the Planning
Commission. The developer will be required to show proof of payment of the
condominium facilities tax of $1,000 per planned salable unit, pursuant to Chapter 6.76
of the Santa Monica Municipal Code, prior to issuance of building permit. Additionally,
the developer has chosen to pay an in-lieu fee to satisfy the requirements of the
Affordable Housing Protection Plan (AHPP). The current AHPP rate for condominiums
is of $36.51/sf for a total fee of $1,272,994.17 for 34,867 square feet of residential area.
The AHPP fee shall be paid prior to issuance of a Certificate of Occupancy.
The
certified by the City Engineer for conformance with the Tentative Map and conditions
thereon, the Subdivision Map Act and local ordinances. There are associated off-site
improvem
office indicates that there are no specific off-site public improvements required for the
approval of this map. Lastly, the City Attorney's office has approved the Covenants,
Conditions and Restrictions for the Final Map as complying with the conditions of the
Tentative Map and applicable laws.
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Financial Impacts and Budget Actions
There is no immediate financial impact or budget action necessary as a result of the
recommended action.
Prepared By:
Ariel Socarras, Associate Planner
Approved Forwarded to Council
Attachments:
A. Final Map Resolution
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