AGENDA REPORT
REQUEST FOR CITY COUNCIL ACTION
DATE: 10/02/2019
TO: Honorable Mayor and City Council Members
FROM: Community Development Department
SUBJECT:
Title
Public Hearing for City Council consideration of Ordinance No. 3301, first reading of an Ordinance of the City of Corona, California for SPA2019-0003, amending the Downtown Revitalization Specific Plan (SP98-01) to amend the Land Use Table to include additional entertainment, retail and eating and drinking establishments to encourage the redevelopment and reuse of underutilized properties in the downtown area generally (located on Sixth Street within the Grand Boulevard circle). (Applicant: City of Corona)
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RECOMMENDED ACTION:
Recommended action
That the City Council:
1. Approve SPA2019-0003, as recommended by the Planning and Housing Commission.
2. Introduce by title only and waive full reading for consideration of Ordinance No. 3301, first reading of an ordinance approving an amendment to the Downtown Revitalization Specific Plan (SP98-01) to amend the Land Use Table to include additional entertainment, retail and eating and drinking establishments in the downtown area generally located on Sixth Street within the Grand Boulevard circle. (SPA2019-0003)
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ANALYSIS:
Background
The City of Corona Housing Authority entered into a Disposition and Development Agreement (DDA) with LAB Holdings on May 17, 2017, to redevelop the Corona Mall properties owned by the city's Housing Authority. The Corona Mall contains multiple buildings owned by different parties. Throughout the years, the city's former Redevelopment Agency started to acquire properties/buildings in the Corona Mall with the hope of partnering with a developer to redevelop the mall. The Agency was successful in acquiring 17 properties within the Corona Mall, however approximately 20 properties remained owned by others. When the Redevelopment Agency was dissolved as a result of legislation enacted by the state governo...
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