The development group, LAB Holdings, LLC, selected by the city to transform the parking lot area at North Beach into a retail center presents its latest site design plans to City Council today.
"The main thing is that with these kinds of projects there are a series of committees and groups we have to satisfy and, for the most part, they have different needs - city councils, Coastal Commission. When you're doing this size of a project, there's going to have to be compromise. With the right amount of compromise, we think that after 14 months of working with the city staff that the project is positioned really well." said Shaheen Sadeghi, principal of LAB.
Most recent changes to the plans include: The removal of the single level of underground parking at the Ole Hanson Beach Club side of the project, a reduction in scope from 65,000 square feet to 47,000 square feet due in part to a building setback from the beach club and some conflicting underground utilities.
The City Council will review the new plans. If council were to green light the plans, another 18-24 months of work with getting the environmental impact report completed and working through plans with Coastal Commission.
Tuesday, November 20, 2007
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