The project, consisting of 183 apartments and 1,700 sf of commercial space in a five-story building with subterranean parking garage, is expected to have a floor area ratio (FAR) of 2.38. Built on 18 assembled parcels purchased from six different owners, the building will be on property located in 100 blocks of E. Whiting and Chapman avenues in the city's downtownarea.
The project, developed by the Morgan Group of Houston, TX has the city's support. "A developer isn't going to come in to Fullerton from Houston and put together a $35-million mixed-use project without some encouragement from the city," says Gary Chalupsky, Fullerton's Director of Redevelopment & EconomicDevelopment.
Having no concerns about adverse effects on downtown traffic or the environment, city staff recommended a negative declaration on the project. However, four of the five council members voted to delayapproval of it anyway, Chalupsky believes, due to concerns about sufficient parking.
City staff also recommended the council adopt aresolution approving of a Disposition and Development Agreement between the Fullerton Redevelopment Agency and MGI Fullerton LLC for the construction of the apartment area of the complex, including parking and amenities.
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