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HomeMy WebLinkAboutStaff Report 7048 City of Palo Alto (ID # 7048) City Council Staff Report Report Type: Consent Calendar Meeting Date: 6/20/2016 City of Palo Alto Page 1 Summary Title: Request for Waiver from Retail Preservation Ordinance Title: Denial of a Request for Waiver of the City's Moratorium on Conversion of Ground Floor Retail for the Property at 100 Addison Avenue From: City Manager Lead Department: Planning and Community Environment Recommendation Staff recommends that the City Council deny the request for waiver from the City’s moratorium on conversion of ground floor retail uses as it applies to the property at 100 Addison Avenue based on a finding that the requestor has not demonstrated that the City’s moratorium would effectuate an unconstitutional taking of property. Background On May 11, 2015, the City Council adopted an urgency ordinance establishing a moratorium on the conversion of ground floor retail and “retail like” uses to other uses (Attachment A). The urgency ordinance was extended on June 15, 2015 (Attachment B), and will remain in effect until replaced or until it expires on April 30, 2017. The ordinance contains provisions regarding “waivers and adjustments” (18.85.104) that allow an applicant to request a waiver based on economic hardship by “showing that applying requirements [of the ordinance] would effectuate an unconstitutional taking of property or otherwise have an unconstitutional application to the property.” The ordinance also states that “the applicant shall bear the burden of presenting substantial evidence to support a waiver or modification request… and shall set forth in detail the factual and legal basis for the claim, including all supporting technical documentation.” Requests must be submitted to the Director of Planning and Community Environment “together with an economic analysis or other supporting documentation” and must be acted upon by the City Council. On May 11, 2016, Ms. Kristina Lawson, representing the owners of 100 Addison Avenue, the True Morris Family, LLC, submitted a request for waiver (Attachment C). This request followed several earlier inquiries and requests that had been rejected as incomplete by the Director of City of Palo Alto Page 2 Planning. As explained in Ms. Lawson’s request, the building at 100 Addison Avenue was occupied by Addison Antiques, a retail use, until June 30, 2015. Since that date, the owners have been unsuccessfully seeking to lease the building to a new retail or “retail-like” tenant(s). Discussion The attached request for waiver from the City’s moratorium on conversion of ground floor retail uses argues that the City’s ordinance “goes ‘too far’ in imposing upon the owner an unreasonable economic loss and interfering with the owner’s distinct investment-backed expectations, thereby amounting to a de facto taking of the Property for public purposes.” As explained in the request, the property owner was on the verge of leasing the 4,000 square foot building and parking lot at 100 Addison Avenue to an office use at a rent of $5.20 per square foot in June 2015, when they became aware of the City’s moratorium. Thus, the requestor believes the owner has “lost” a significant sum of money. (See the request, p. 5.) Since then, the property owner has sought to lease the building to a retail or “retail-like” use, but without success, and the requestor believes that “in the unlikely event” that a retail tenant can be found, the base rent would be for approximately $1.50 per square foot. (See the request, p. 6.) The requestor identifies the owner’s annual carrying costs as $273,622, but this includes “lost opportunity costs of $194,880” based on the inability to lease for office use and management costs of $65,142. Without these line items, the owner’s annual carrying costs (taxes, utilities, and insurance) would be $13,600. (See the request, p. 7.) The requestor also agrees with staff’s position that “the City has no obligation to maximize the owners return on investment and that all zoning regulations have some impact on revenue potential.” (See the request, p. 8.) City staff does not believe the requestor has demonstrated that an unconstitutional taking of property has occurred. While the location is not central to downtown, and will never be able to command rents as high as those in other locations, the Department of Planning and Community Environment has received inquiries from potential retail tenants, and believes that the subject property is leasable for a retail or retail-like use at a rent that would enable the property owner to at least recover their costs. It is notable that the requestor offers expert opinions stating that “if a retail tenant were actually secured, the base rent for such tenant would be substantially lower than what we have received” implying that the rent would be lower than desired, not lower than the owner’s expenses. In addition, staff notes that the applicant’s only evidence of inability to find a retail tenant is an August 2015 from the applicant’s realtor stating he was unable to secure a retail tenant. Based on the letter (not signed under penalty of perjury), it appears the property was marketed as a retail property for approximately 6 weeks in 2015. There is no evidence of more recent marketing and no evidence of marketing to “retail City of Palo Alto Page 3 like” uses permitted under the ordinance. Further, there is no discussion of whether modifying the proposed lease term or rent or the offering of a tenant improvement allowance or other incentives would have yielded a viable retail or retail like tenant. Finally the restriction is only for a two year period. State law recognizes that comprehensive land use planning may require temporary moratoria and expressly allows for such moratoria for periods up to two years. The City’s retail preservation ordinance was enacted under the State moratoria law. Placing a time out on the conversion of retail use to office use while the City evaluates the long term feasibility of ground floor retail outside the core downtown is precisely the aim of the moratorium. The permanent ordinance developed for consideration before the expiration of the current interim ordinance in April 2017 can re-evaluate the appropriateness of ground floor retail at this location. City staff has encouraged the property owners and their representative to participate in the public process associated with the permanent ordinance when it occurs. Environmental Review The requested action would require the subject parcel to be reused for the same use that was in place in June 2015, and would not constitute a “project” requireing review under the California Environmental Quality Act (CEQA). Attachments:  Attachment A: Retail Preservation Ordinance No. 5325 Adopted May 11, 2015 (PDF)  Attachment B: Retail Preservation Ordinance No. 5330 Adopted June 15, 2015 (PDF)  Attachment C: May 11, 2016 Request for Waiver - 100 Addison (PDF) ATTACHMENT A ATTACHMENT B ATTACHMENT C