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responsibilit~~ of new developrn t to ensnare cornatib~ ~ E~~ ~. i' ` existing uses (adjacent uses outside the blaster Plan area). f. The Cit~T encourages the use of shared parking, ramped parking and a regional. water retention plan when appropriate to reduce impervious surfaces and increase green space. The Twin Lakes Design Guidelines (1988) the c ant Design Guidelines til superceded by en ants or "p 1 s ic" pl ed it development ordin ces. Further objectives of the renewed master plan. are outlined in the full Twin Lakes I~tiaster Plan prepared by staff and reviewed by the Plar,~ning Commission on November 8, 2000 and. December 13,200 1. This master plan' document serves as the official amendment to the Comprehensive Plan for Twin Lakes as a `Business Park". All the elements of the plan will be addressed and- reviewed as parcels are redeveloped. 7.0 STAFF RECOIVLMENDATIONS and COh~IlViIJNT 7.1 The Planning Staff recommends approval of Scenario 1 (as opposed to Scenario lA with a retail component) as most consistent with the comprehensive plan and vision for the Twin Lakes Area. 7.2 While there were no signif cant traffic impact differences between the high-tech scenario (1) and the retail scenario (lA) during the normal shopping week, there can be a significant difference during peak holiday shopping periods. In addition, the number of head of household jobs and payroll created for the high tech scenario is significantly higher. The Regan area that was studied for a possible change to big box retail. is currently designated industrial and zoned I-2 general industrial. 7.3 The Community Development and Public Works Staff also support and recommend the findings of the AUAR and the Plan that address mitigation factors to minimize the environmental impacts created based upon the renewed Twin Lakes 1~~Laster Plan. 7.4 As the area redevelops, the environmental impacts created are not significant and with the implementation of the mitigation factors the impacts are minimal especially when considering the alternative of "no redevelopment". The opportunity lost by allowing the area to remain underutilized is significant. Not only are there economic benefits with $400 million in new value, 5,0(}0 new jobs and 600 new housing units, there are also intangible communit~~ benefits by providing a master plan that: PF3232 - RCA(062601) Page 5 of 6