Koll ready to be first Greenlight test
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Mathis Winkler
NEWPORT BEACH -- Greenlight’s first test might be only a few months
away.
Half a year after the city’s voters approved a slow-growth law that
requires a citywide vote for certain general plan amendments, the
developer of a 250,000-square-foot expansion project at Koll Center on
Thursday said he’s ready to take his proposal before residents if city
officials sign off on his plans in the coming weeks.
Planning commissioners will discuss the matter at their June 7
meeting. If the commissioners approve the project, City Council members
-- who must approve general plan amendments -- could take up the matter
June 26.
Should the expansion get a thumbs up from city leaders, a special
election would follow in the fall.
The project, which includes a new 10-story office tower and two
parking garages, would be built at the southern end of the Koll Center
near the intersection of MacArthur and Jamboree boulevards. The entire
Koll complex forms a triangle surrounded by the two streets and Campus
Drive to the north.
Under current plans, Koll may still build another 15,000 square feet
in the area. But to complete the whole project, the company is asking for
an additional 225,500 square feet.
That pushes the project way over the 40,000-square-foot threshold
established by Greenlight. Developments that add more than 100 peak-hour
car trips or dwelling units over what’s allowed in the general plan also
must go before a vote by residents.
Tim Strader Sr., one of five partners working on the project, said his
team is confident enough to move forward.
“We live in Newport Beach,” he said. “We support the idea of the
Greenlight procedures, and we heard the voters [who approved the
initiative]. We want to respond with a project that we think will be an
asset to the community.”
Situated in the city’s airport area, which is mainly made up of office
buildings, the place is the right location for expansion, Strader said.
“If there is any place appropriate for this kind of building, this is
it,” he said, adding that the project would have “very little impact” on
residents.
The additional car traffic generated by the expansion, however, has
raised concerns among city officials before.
During a hearing in September, planning commissioners said they would
not support the project unless Strader and his colleagues agreed to an
agreement with the city to handle long-term traffic congestion in the
area.
While the Greenlight election was part of the reason the Koll partners
decided to put their project on hold last fall, hammering out an
agreement with city officials has also delayed a decision.
On top of about $1.16 million in traffic and transportation fees
already required for the project, Strader and the others are now offering
to add $2 million for long-term traffic improvements, as well as $112,500
to fund a planing study for the area and $60,000 to build a new fire
station.
“It will definitely reduce any profit we will get,” Strader said. “We
think that is what needs to be done in response to Greenlight.”
If city leaders and voters approve the Koll project, the new building
and parking structures could be built by fall of 2003, Strader said.
“We think there’s a demand in the market place for this kind of
space,” he said.
While saying that he didn’t know all of the specifics of the
agreement, Councilman Tod Ridgeway said Strader would probably not get
his project beyond City Hall without pledging funds to help solve the
traffic problem.
“The single biggest concern is traffic generation in the area,”
Ridgeway said. “And Tim is going a long way toward alleviating the
problem” by offering to pay fees.
Other city officials could not be reached for comment Thursday.
Phil Arst, a spokesman for Greenlight supporters, said he has met with
Strader to discuss the project. But he added the Greenlight group would
not comment on the proposal before a meeting of its members Monday.
If city leaders end up approving the project, the developers also will
have to carry the costs of the special election. At $1.25 to $2 per
registered voters, it would set the group back $58,000 to $94,000.
On top of that come campaign expenditures, but Strader said it was too
early to think about how much money it would take to sell the project to
the voters.
“I don’t plan on focusing on that aspect until it’s been approved” by
city officials, he said.
Strader added the group favors paying for an election rather than
waiting for the next scheduled one to avoid a mix-up with an initiative
opposing an airport at El Toro, which is likely to appear on the ballot
in March.
Officials for two other development projects in the city that could
face Greenlight elections said Thursday that their plans were still on
hold.
As a result of the economy’s slowdown, Conexant Systems Inc. officials
have decided to postpone a 566,000-square-foot expansion until business
picks up again, said Lisa Briggs, a company spokeswoman.
And Tim Quinn, the project manager for the Newport Dunes Resort, said
he’s still focusing on building a $40-million hotel in San Diego.
He added that he didn’t know when he’d return to working on his
581,000-square-foot expansion project in Newport Beach.
By eliminating about 26,000 square feet of the project, the Dunes
could avoid a Greenlight vote.
Question
Green light?
Were a special election were held today, would you approve of Koll
Center’s 250,000-square-foot expansion?
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