655-683 Deep Valley Drive & 924-950 Indian Peak Mixed-Use Residential Project

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The proposed 655-683 Deep Valley Drive and 924-950 Indian Peak Road Mixed-Use Residential Project is located in the southwestern portion of the City within the City's main commercial area.  The proposed project would demolish the existing office buildings at 655 Deep Valley Drive, 924 and 950 Indian Peak Road, surface parking lots, and landscaping.  Construction of the proposed project would stabilize the existing landslide and include 148 residential units, approximately 14,200 square feet (sf) of commercial area fronting Deep Valley Drive, and associated parking.  In addition, the project would remove 2,013 sf of commercial space and add 63 off-street parking spaces, for a total of 137 parking spaces at the Brick Walk commercial development.  The Brick Walk commercial development would be enhanced through exterior facade improvements, including, but not limited to, new paint and replacement of awnings.

The project requires approval of:  1) Vesting Tentative Tract Map No. 67553; 2) a Conditional Use Permit for a mixed-use development; 3) a Precise Plan of Design for buildings and structures; 4) a Variance to exceed the maximum permitted building height; 5) a Variance to permit a smaller setback than required by Code; 6) a Variance to permit fewer parking spaces than required by Code/shared parking agreement; and 7) a Grading application to permit stabilization of the landslide and building pads for buildings and structures.

The project has been reviewed by an independent geotechnical engineering company (Cotton & Shire) and as a result of this review, the project has been put on "hold."  Planning Staff is presently working with the owners on a revised project which will require new public hearings before the Planning Commission and City Council.  Future dates to be determined.

Draft Environmental Impact Report (DEIR)



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