Plans for two new life science research and development buildings and a parking structure were approved by the San Carlos Planning Commission, adding to the industrial eastside area that has seen a slew of development proposals in recent years.
Located at 789 Old County Road, the project includes two buildings, one four stories and approximately 69 feet, and the second five stories at 85 feet. The parking garage is proposed at 65 feet tall, providing 694 parking spaces.
The development site is located within the city’s Eastside Innovation District Vision Plan, which was adopted by the City Council in 2021 and provides a framework for future growth in the transforming neighborhood.
The proposed developer of the 3.4 acres of land, the Minkoff Group, submitted initial plans for the site in July 2022 that have since adapted to community feedback and committee responses
“We wanted to create a building that was comfortable and a part of San Carlos,” said Daniel Minkoff, the lead developer.
The proposed height and floor area ratio of the plans exceed what zoning permits, but additional amenities, off-site contributions and fiscal contributions provide exemptions.
If approved, the developers will contribute $4.2 million in fiscal contributions to the city and off-site improvements — including upgrades to Old County Road and a new traffic light at the intersection with Bransten Road.
Amenities include establishing a fund for tree planting for nearby residents that is valued at $30,000, solar panels on the building roofs and public access to the open space plaza located in between the two buildings. There will be approximately $11.6 million in impact fees paid by the developer once build permits are issued.
A handful of public commenters who live near the development site shared their concerns for the scale, but commissioners said they felt effort has been made by the developer to make the project as appealing as possible.
Commissioner Twisha Anand said there “has to be a balance” between keeping the community in mind and keeping the economic development of the city in mind. The adjustments made by the proposed developers following comments by residents shows promise of a mutually beneficial development.
“All these show consideration for the public and community,” Anand said.
The Planning Commission approved the proposal unanimously. It is slated to be presented to the City Council Oct. 14.
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