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Seritage Master Plan & Development Agreement City Council Study Session April 24, 2018 ---PAGE BREAK--- Tonight’s Agenda • Goals for Tonight – Introduce Tonight’s Review Team – Familiarize The Council With • Land Use Proposal • Transportation – Gather Additional Questions – Next Steps ---PAGE BREAK--- Review Team Tonight • David Lee, Senior Planner • Sarah Pyle, Senior Planner • Min Luo, Senior Transportation Engineer • Rob Crittenden, Traffic Operations Engineering Manager • Don Cairns, Transportation Planning Engineering Manager ---PAGE BREAK--- ---PAGE BREAK--- Seritage Master Plan & Development Agreement (DA) WHERE? • 2200 148TH AVE NE “The Sears Site” • 13 Acre Site • Overlake Neighborhood • OV3 Zone • Original Building Built in 1971 ---PAGE BREAK--- Last Study Session • Overlake FSEIS & Addendums - History • Seritage Addendum • Project Overview ---PAGE BREAK--- 2007 FSEIS • Studied Anticipated Growth – Housing/Commercial Density – Height – Mixed Use • Additional 4.5 Million Sqft of Non-Residential (Commercial) • Additional 5,494 More Dwelling Units • Tracking Growth/Development Since Adoption • Transportation Included with Dwelling Unit/Commercial Analysis ---PAGE BREAK--- Where Are We At Now? • Since 2009: – 875,595 Sqft of Non-Residential Built – 3,429 dwelling units constructed or accounted for (i.e. master plans) • How Much Is Left After Seritage? – 3.6 Million sqft of non-residential – 2,065 dwelling units ---PAGE BREAK--- Land Use • Incentives • Development Summary • Height Summary ---PAGE BREAK--- Incentives • Base FAR/Height Vs. Max • Incentives Being Sought – Master Plan – Plaza Improvements – Subterranean Parking – Plaza Dedications – Green Buildings • Incentives For Height ---PAGE BREAK--- Development Summary Floor Area Ratio Residential General Sales/ Services Communications & Information Hotel/Conference Base FAR Allowed 2.5 .36 .51 1.2 Max FAR Allowed 4.0 .55 .55 1.35 FAR Proposed 0.78 0.29 0.43 0.2 ---PAGE BREAK--- Development Summary Height Residential General Sales/ Services Communications & Information Hotel/Conference Base Height 5 4 4 4 Maximum Allowed Height 9 9 9 9 Proposed Height 6 9 9 9 ---PAGE BREAK--- Land Use Break • Land Use Questions? ---PAGE BREAK--- Transportation • LOS (Level of Service) – Qualitative Measure of Traffic • Concurrency – Ensuring development doesn’t outpace infrastructure (roads) – Redmond - Plan Based Concurrency ---PAGE BREAK--- Plan Based Concurrency • Transportation Built Around Vision • Proportional To Needs of City/Growth • Meets WA Growth Management Act • Transportation Master Plan • Mass Transit, Pedestrians, & Bikes Are Transportation Too! ---PAGE BREAK--- Seritage Transportation • 17 Defined Intersections – Anticipated impacts – Consistent with KCCLE & Esterra Park – 6-Year Horizon ---PAGE BREAK--- Transportation Scenarios • Four Scenarios Studied – 2023 Baseline W/O Project – 2023 W/ Full Build Out – 2023 W/ Full Build Out & Signal at Lumiere & 24TH – 2023 W/ Phase 1 of Project ---PAGE BREAK--- Mitigation At A Glance • Full Summary of Impacts/Mitigation In Staff Memo • Overall majority intersections studied operate within expected levels as studied in 2007 FSEIS – Some intersections upgraded LOS – Some intersections have delays measured in seconds ---PAGE BREAK--- Mitigation • 148th Ave NE/NE Alhazen Street: Seritage will widen 148th Ave NE to accommodate the additional northbound through lane by converting the northbound right-turn lane to a through lane and eliminating the island south of Alhazen and the curb bulb north of Alhazen. • 148th Ave NE/NE 24th Street. Seritage will dedicate right-of-way and set the ultimate curbs on 148th and NE 24th Street to accommodate future improvements. • Frontage improvements and right-of-way dedications on NE 20th Street, 148th Ave NE, and NE 24th Street including constructing curbs at their ultimate locations to accommodate future improvements planned by the City of Redmond and City of Bellevue. ---PAGE BREAK--- New Public Streets • NE Alhazen Street between 148th Ave NE and Da Vinci Ave NE • Lumiere Ave NE between NE 20th St and NE 24th St • A portion of Da Vinci Ave (approximate half- street improvements) between NE 20th St and NE 24th St ---PAGE BREAK--- New Ped/Bike Facilities • Reconstructed sidewalks on NE 20th St, 148th Ave NE, and NE 24th St • New sidewalks on Lumiere Ave and NE Alhazen St • Urban pathway along Da Vinci Ave, NE Alhazen St, and through Gateway Park • Bike path along the south side of NE 24th Street • Bike lanes on both sides of NE Alhazen Street • Bike lane on the west side of Da Vinci Ave ---PAGE BREAK--- Overlake Village Transportation Update • Refining draft 2016 plan: – Confirm land use – Adjust transportation network: • Reflect Land Use • Integrate with future development Infrastructure Plan Study Area Review of street alignments ---PAGE BREAK--- LOS from 2013 City traffic analysis The Overlake Village Transportation Update will: • Review 2017-2018 peak hour volumes • Update level of service (LOS) for current and future years • Evaluate impacts to develop traffic improvements LOS E LOS B LOS B LOS C LOS C LOS D LOS C PM Peak ---PAGE BREAK--- Next Steps For Council • Public Hearing • Public Input • Chance To Hear From Applicant • 21-Day Notice • Future Study Session(s) • Decision • For Tonight: Any questions? ---PAGE BREAK--- ---PAGE BREAK--- David Lee Senior Planner Planning [PHONE REDACTED] [EMAIL REDACTED]