City of Fullerton
City Council
December 6, 2022
212 Santa Fe Avenue
Disposition of Land
Project Location
2 212 Santa Fe Avenue
1. S. Pomona Avenue and E. Santa Fe Avenue (South side of Santa Fe) (Transportation Center Specific Plan)
2. Parking Lot NE of Train Station
Existing Use & ENA
3 DDA:
2-acre site
Existing Surface Parking Lot
City entered into an Exclusive Negotiation Agreement (ENA) with Parkwest General Contractors and Westpark, LLC in 2018 for a proposed residential/hotel project ENA expires end of 2022
4 Surplus Land Act
Gov’t Code (54220-54234)
Fullerton Transit Center (FTC) Specific Plan Goals
5 Create buildings, public spaces, streets, and infrastructure that contribute to a sustainable built environment Create a mixed-use and transit-oriented neighborhood that contributes to a sustainable natural environment and sustainable Downtown economy The Specific Plan also encouraged the inclusion of affordable housing in proximity to public transit and new employment opportunities and intended to accommodate a portion of the City’s housing obligation related to the Regional Housing Needs Assessment (RHNA).
Project Zoning
6 Specific Plan District:
Fullerton Transportation Center
Goal: Create a Sustainable Transit-Oriented Neighborhood near Santa Fe Depot Major Site Plan Review
7 Project Details:
Hotel/Residential/Retail
Mixed-Use Proposal
Replacement parking: ground level parking for public
124 Hotel Rooms
150 Residential with Affordable Units
Retail/Restaurant Uses
Proposed Project
8 CEQA Determination
Initial Study/Mitigated Negative Declaration
Pursuant to the California Environmental Quality Act, an Initial Study/Mitigated Negative Declaration was prepared to understand any potential impacts with the scope of a Hotel/Residential/Retail project.
Project can be mitigated to ensure there are no significant impacts on the environment.
Mitigation measures would be required as part of the entitlement process. 7 Comment letters were filed with concerns about Environmental Impacts Comments were from State and Public Agencies, Union Representatives, and a local resident Formal responses to these comment letters are incorporated into the Final IS/MND
9 Disposition and Development Agreement
Deal Points of the DDA:
Purchase Price is $1,400,000
Close escrow no later than December 29, 2022
Hotel Site to be partnered with a major nationally recognized hotel with an executed franchise agreement Developer to construct the project consistent with the entitlements and Schedule of Performance Post-Closing Conditions:
Developer shall use best efforts to entitle the project within 120 days of close of escrow and failure to obtain entitlements within 180 days is a default Developer shall use best efforts to submit complete development plans to the City within 180 days of receiving entitlements and failure to obtain within 240 days of receiving entitlements is a default If Developer fails to obtain entitlements (180 days) of close of escrow or submit completed development plans (240 days) pursuant to the Schedule of Performance the City is entitled to retake possession of the property.
Expected completion date for the project is October 21, 2026
Entitlement Process (2023)
10 Recommendation
11 Open the public hearing and receive testimony from the public regarding the proposed sale of the Property; Close the public hearing and, if any protest was received regarding the sale of the Property, overrule the protest by a 4/5 majority vote; Adopt Resolution 22-XXX approving the Disposition and Development Agreement by and between the City of Fullerton and Westpark Investments LLC, and TA Partners for the sale of property located at 212 East Santa Fe Ave, Fullerton, CA (APN 033-030018, authorizing the City Manager to take all actions necessary to effectuate this action and finding that this action is pursuant to CEQA guidelines Section 15070, an Initial Study/Mitigated Negative Declaration.
City of Fullerton
City Council
December 6, 2022
212 Santa Fe Avenue
Disposition of Land