INTRODUCTION The Residences at Grand (“the Residences” or “Project”) is a new residential development that seeks to provide the city of San Rafael with 35 much needed units of infill housing. The Project consists of one, five (5) story, residential building with a roof terrace comprising half of the fifth floor. The development is concentrated towards the corner of 4th Street and Grand Avenue and then steps down to effectively and sensitively transition to the adjacent residential neighborhoods of Montecito-Happy Valley. This approach is consistent with the objectives of the T4NO-40’/50’ zoning district, as well as broader objectives of the Downtown Precise Plan. SITE DESCRIPTION The Project site is located at the intersection of 4th Street and Grand Avenue in the newly created Montecito Commercial District of Downtown San Rafael. The Montecito Commercial District provides a transition between Downtown and the residential areas further east, with new housing and commercial development on infill sites. The Residences was designed with this goal and vision of the Montecito Commercial District in mind. The proposed 35 units of the Residences would contribute almost 9% of the Montecito Commercial District’s estimated development potential of 390 units. The Project will also increase access to housing in close proximity to the downtown. The Project site is comprised of three underutilized contiguous lots, commonly known as 420 Fourth Street, 450 Fourth Street, and 1010 Grand Avenue, which will be merged into one lot as part of the Project. Together, these lots total approximately 11,303 square feet in size, or 0.26 acres. The Project site is at the entrance to the Dominican College residential neighborhood to the north, and a mix of small business and residential uses to the west and east. The proposed development is located only one block from a high-frequency transportation corridor on Irwin Street to the west. The Project is also located within two blocks of the San Rafael Transit Center. The Montecito Commercial District contains 3 supermarkets and several shopping centers within its boundaries. The Project is located within short walking distance of these existing local neighborhood-serving retail and services. Accordingly, the Project is not a mixed-use development and does not include ground floor commercial. AMENITIES The Project’s location near downtown and the various shopping centers of the Montecito Commercial District allows the residents to easily take advantage of all the services and retail located nearby. Every unit enjoys private personal open space in the form of a balcony. The Project also provides a spacious rooftop patio for residents to socialize and entertain while enjoying an expansive view of San Rafael and the East Bay. The development will provide on demand electric vehicle car rentals on site. The development will provide stacked bicycle hanging spaces in the garage with power outlets and lockable connections. STATE DENSITY BONUS LAW AND SB 35 The Project is submitted for streamlined processing pursuant to SB 35. As demonstrated in the supplemental application materials for the Project, all of the eligibility requirements for SB 35 are met and an SB 330 application was previously provided. Accordingly, only objective design standards apply, and there are no merits hearings or CEQA review. The Project does not seek a height bonus as allowed by the Downtown Plan, but instead utilizes the provisions of the State Density Bonus Law (SDBL to accommodate modest waivers from certain development standards. The Project has a base density of 29 units and will provide 3 Below Market Rate units at the Low Income (LI) affordability level, which is 10% of the base units. Accordingly, the Project is a SDBL development per Cal. Government Code §65915, and is eligible for a density bonus of up to 5.8 units, which may be rounded up to 6 density bonus units. The addition of these bonus units yields the 35 total units requested. The Project is also eligible to request 1 incentive or concession, unlimited waivers or reductions of development standards, and reduced parking ratios. The Project is located within ½ mile of the San Rafael Transit Center, and pursuant to Cal. Government Code § 65913.4(e)(1)(a) is not required to provide any parking at all, but will provide 22 spaces. The Project will also provide 32 bike parking spaces in compliance with the standards set forth in the Downtown Form Based Code.