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Self-Storage - DAZL, DA, ZC, GPA

Bellflower City Council
February 24, 2025

Document
Self-Storage - DAZL, DA, ZC, GPA
Meeting
February 24, 2025
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Bellflower City Council
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12
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GPA, DA, DAZL, ZC 8825 Artesia Boulevard B-ITEM 13 Storage Facility-Self

West Artesia Specific Plan development and operational standards for hotels uses.Included additional land uses including hotels and extended stay hotels and established -2019 Amendment •WASP was adopted in 2007 and amended in 2011 and 2019.•

Previous Entitlements The site remains vacant.•extension. year time -eCity Council approved an additional on–May 24, 2021 •year time extension.-City Council approved a one–May 26, 2020 •Hotel was expected to generate $170,000 annually in TOT.•provided on the adjacent property (Woodspring Suites).Parking was provided onsite and through an agreement 11 spaces were •room hotel (Comfort Inn). -the construction of a 69City Council approved a Conditional Use Permit to allow –April 19, 2019 •

Proposed Project N Storage-Self–

Proposed Project Storage-Self–

Development Agreement Zone of Commercial. The GPA would change the land use designation from Commercial to Industrial.storage facilities are not consistent with the current land use designation -PA is required since selfG•standards would only be allowed on the subject site, not the entirety of the WASP.storage facility use and development -ZC is required to change the zone from WASP to DAZL. Self•Development Agreement.The allowable uses and development standards would need to be incorporated into the •storage facilities.-the proposed use and to establish specific development standards for selfDAZL is a mechanism that could allow for WASP currently does not allow for self storage facilities. •strict development or sign regulations.for otherwiseDAZL created in 2020 to allow flexibility •AmendmentLayover, Zone Change, & General Plan

CEQA.reviewenvironmentalincludinglaw,applicablewithaccordanceinprocessedbewillapplicationthereport,thisfileandreceiveCouncilCitytheShould•.15270and)4(b)(15061GuidelinesCEQAunderreviewenvironmentalreq uirenotdodeniedarethatProjects•.CEQAwithcomplytoreviewenvironmentalconductnotdidCityThe•.deniedbeprojecttherecommendedDirectortheapplication,submittedtheofreviewFollowing•

Development Agreement Terms.paymentannualperpetualdreduceAand;Citythebyaccessiblepaymentsumlumpupfronttime-oneA:ofconsiststhatstructurepaymenthybridaincludemayagreementthealternative,anAs.Structure HybridAlternative•.million125.2$.approxofsumbuyoutayields-intertestannual000,170$ofNPVtheasestablishedbeamountbuyouttheproposesApplicant.Sum)(LumpialsFinancBuyout•.paymentsperpetualremainingtheofNPVt heonbaseddeterminedbewillamountbuyoutThe.years10afteroptionbuyoutainitiatemayHoldingsGroupTerrance:OptionBuyoutInitiated-Developer.paymentsperpetualremainingtheofNPVtheonbaseddeterminedbewillamountb uyouttheexercised,If.years5afteranytimeoptionbuyoutatriggermayCityflexibility,financialprovideTo:OptionBuyoutInitiated-City:conditionsspecifictwounderoptionbuyoutsumLump.ProvisionBuyout•.generateoth erwisewouldhotelroom-69athatTOTestimatedtheoffsettoperpetuityinannually000,170$.PaymentsAnnual•

Tonight’s Recommendation completed.)be approved before environmental review is related to this item. (Note: The project cannot Alternatively, discuss and take other action 3.action; orReceive and file this report without taking 2.Deny the project application; 1.

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