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The Livermore City Council is set to hold a public hearing and vote on a resolution requesting an Isabel Neighborhood Specific Plan Amendment that would change land use at 3011, 3055 and 3077 Triad Place from business park to residential transition, which allows 15-25 dwelling units per acre for the purpose of developing hundreds of homes in a variety of building types.
The request for the amendment has been made by the project applicant, 3055 Livermore Owner LLC. As part of its discussion during the May 12 regular meeting, the council will also introduce an ordinance authorizing a development agreement to vest the approximately 450 multifamily units, establish terms and timing of Social Opportunity Endowment and Community Benefit Fund contributions, alternatives to inclusionary affordable housing requirements, and the construction of off-site Class IV bike lane improvements along North Canyons Parkway, according to the staff agenda report.
If approved, the project would require the demolition of three existing business park buildings spanning approximately 27 acres. City staff said in its report that the existing buildings are mostly vacant and there is currently little to no demand for the space. The age of the buildings and their location are not likely to attract new companies that seek contemporary office spaces with modern amenities and functionalities, according to officials.
The proposed residential project would provide a funding contribution of $4,202,000 to be split between the Social Opportunity Endowment and Community Benefit Funds for the delivery of quality human services to low-income Livermore residents, according to city staff. Of the total amount, an initial $202,000 payment will be made within 180 days of execution of the agreement to the Social Opportunity Endowment Fund. Following subsequent approvals, additional payments will be made as each building permit is issued in addition to any required impact fees.
On April 1, the planning commission reviewed the project, recommended formatting changes to an exhibit in the development agreement – which staff and the applicant have made – and voted unanimously to recommend project approval by the City Council.
The project is part of the overall Isabel Neighborhood Specific Plan which includes the development of 4,095 new multi-family housing units and approximately 2.1 million square feet of net new office, business park, and commercial development (including a neighborhood commercial center). It also envisions three new neighborhood parks, pedestrian and bike facilities, and infrastructure improvements. The majority of changes are focused around the future Valley Link rail station, which would be located in the median of I-580, just east of Isabel Avenue.
The Livermore City Council meeting is scheduled for 7 p.m. Monday (May 12). The complete agenda is available here.
In other business
The council will also hold a public hearing to authorize Livermore Sanitation, Inc’s rates for solid waste, recyclable materials, and compostable materials services, pursuant to the Third Amended and Restated Agreement between the City of Livermore and Livermore Sanitation, Inc. (or the Franchise Agreement) and to amend Exhibit H to the agreement to reflect the authorized decrease of 8.67% to rates.
As required by the agreement, on Dec. 2, 2024, Livermore Sanitation submitted the required rate adjustment application requesting a 3.58% rate increase. The city retained an unbiased third-party, HF&H Consultants, to apply the methodology in the Franchise Agreement and determine whether the requested increase was in line with that methodology.
Based on recommendations provided by HF&H Consultants, staff is recommending that rates be decreased by 8.67% and that the City Council authorize the requested rates as described in Exhibit H of the agreement to be effective July 1, 2025.
