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HomeMy WebLinkAboutSR - FEP - 20 El PaseoREQUEST: SUBMITTED BY: APPLICANT: DATE: CONTENTS: Recommendation CITY OF PALM DESERT STAFF REPORT APPROVAL OF $60,000 IN FACADE ENHANCEMENT PROGRAM CONSIDERATION FUNDS TO 20 EL PASEO, LLC, FOR "20 EL PASEO" LOCATED AT 73-020 EL PASEO BRYCE LYNN WHITE, PROJECT ADMINISTRATOR 20 EL PASEO, LLC 73-020 EL PASEO PALM DESERT, CA 92260 MAY 10, 2007 PHOTOS OF PRE-EXISTING BUILDING ELEVATIONS OF NEW STOREFRONTS SITE LOCATION By Minute Motion, that the City Council approve $60,000 in Facade Enhancement Program consideration funds to 20 El Paseo, LLC, for "20 El Paseo" located at 73-020 El Paseo. Executive Summary: Approval of the request will provide City assistance to rehabilitate the exterior of the subject property and is within the guidelines of the Facade Enhancement Program. Denial of the request will not allow City assistance. Discussion: 20 El Paseo, LLC, are the owners of "20 El Paseo" at 73-020 El Paseo. The City Council, at its January 26, 2006 meeting, amended the FEP guidelines to include parcels with frontage on the west side of Highway 74 between El Paseo and Highway 111. The FEP guidelines allow for standard sized Tots (60-foot frontage, 12,000 square feet) to receive consideration for half the cost of improvements to a maximum of $40,000. Larger properties are eligible for additional funds with City Council approval, which is applicable to this property. The property's total frontage is 109 lineal feet, and it is approximately 22,000 square feet in area. The size of this property makes it eligible for FEP consideration funds to a maximum of $60,000 subject to City Council approval. G \rda\Mana Hunt\WPDATA\HOUSING \WHITE\strpts\051007 FEP 20 El Paseo.doc Staff Report Approval of FEP Consideration Funds to 20 El Paseo LLC Page 2 of 2 May 10, 2007 Staff has been assisting the former and current owners since 2002 and has encouraged major remodeling of this property. The projected cost to complete the improvements as approved by the Architectural Commission on October 11, 2006, is $843,000. Currently, work on the subject property is underway. The improvements will dramatically alter the appearance and architecture of the building and are more significant in scope than most FEP projects. The design and scope of this project is similar to previously approved FEP projects at 73-010 and 73-030 El Paseo, which have been completed. Staff presented this project to the Retail Committee on April 19, 2007 for its review and direction. The Retail Committee took into consideration the location, size, and scope of the proposed project, and felt that this project merited FEP consideration funding in the eligible amount. Staff concurs with the Retail Committee and recommends funding in the amount of $60,000 from the Facade Enhancement Program. Submitted by: ite, roje ministrator Department Head: Dave Yrigoy Director o edevelopment/Housing Carlos L. Ortega, (t ? Manager Min Alvarez Redevelopment Manager Approval: %114 L JlcCarthy edevelopment Paul S. Gibson, Director of Finance :I TY COUNCIL 1�CTION : APPROVED ✓ DENIED RECEIVED OTHER IvrEETIN DATE AXES • C13)1( hilertzft_ree..icemoi Kelly NOES - 'NVlNt ) ABSENT NBSTAIN:.�,_ ,�1d1//Y1 VERIFIED BY:. it iginal on File wit City Clerk's Office,