REPORT TO PARKS AND RECREATION COMMISSION
SUBJECT
Title
Recommendation on Conceptual Park Design for New City Park at 1 AMD Place
Report
BACKGROUND
The new park is being developed as part of the Irvine Company's residential development at the former AMD site at 1 AMD Place which includes 1,051 residential units, including 944 units in three to five-story apartment buildings and 107 units in three-story townhome style buildings. The unit count includes 45 apartment units for very low-income households and 13 below market rate townhome units. Public improvements include the dedication of a 6.5-acre public park and the extension of Indian Wells Avenue to the east to connect with the Duane Avenue/Stewart Drive intersection. As part of the conditions of approvals and Park Agreement with the City for redevelopment of the AMD site, Irvine Company was required to construct a 6.5-acre public park (Attachment 2- Vicinity Map, Attachment 3 Site Plan). The public park will be located at 1 AMD Place between E. Duane Avenue and Stewart Drive. The proposed conceptual park design was completed through a community process, including three public meetings. All park improvements will be constructed by the Irvine Company with a monetary cap of $12 million ($4 million of community benefit funds and $8 million of City Park Dedication Fee (PDF) funds). Once the park is completed it will be conveyed to the City pursuant to the terms of the Park Agreement (Attachment 5).
This report provides an overview of the conceptual design for the new 6.5-acre park (Attachment 4).
EXISTING POLICY
General Plan, Chapter 3, Land Use and Transportation-Open Space
GOAL LT-4: An attractive community for residents and businesses - In combination with the City's Community Design Sub-Element, ensure that all areas of the city are attractive and that the city's image is enhanced by following policies and principles of good urban design while valued elements of the community fabric are preserved.
* Policy...
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