Loading...
07 & 08 (158) Public Comment From:Reuben Franco <reubenfranco@ochcc.com> Sent:Tuesday, September 29, 2020 7:45 AM To:Public Comment Subject:Mayor Harry Sidhu and Anaheim City Councilmembers letter.docx.pdf Attachments:Mayor Harry Sidhu and Anaheim City Councilmembers letter.docx.pdf To Mayor Sidhu and the Anaheim City Council, Thank you for the opportunity to submit public comments. Sincerely, Reuben Franco Reuben Franco President & CEO Orange County Hispanic Chamber of Commerce 1 Banting Suite A Irvine, CA 92618 Office: (714)953-4289 Cell: ( 1 1 Banting Suite A, Irvine, CA 92618 www.ochcc.org T: (714) 953-4289 Cell: ( September 25, 2020 Mayor Harry Sidhu and Anaheim City Councilmembers, On behalf of the Orange County Hispanic Chamber of Commerce, which represents the interests of and provides access to the over 30,000 Hispanic owned businesses which call Orange County home, and a great number of those in Anaheim, I would urge your support for the Angel Stadium sale and property development deal which is on your agenda for September 29. Last December, the City Council took the first important steps in this process. What you have before you on your agenda will finalize that purchase and sale, and give approval to the development plans put forward by SRB Management. milestone in the history of the Platinum Triangle, and of Anaheim: $320 million purchase price for 150 acres of stadium property and Angel Stadium - $150 million in cash, and $170 million in community benefits to the City of Anaheim Those community benefits include: Nearly 800 much needed affordable housing units integrated into the 5175 market-rate housing units in the proposed site plan A seven-acre city park freely accessible to and for the use of the public, in addition to another five acres of parks as required under the existing zoning requirements And of course, with that property comes the potential for great development opportunities to help that site come alive with additional employment, sales tax generation, and hotel tax generation for Anaheim. Included in the Master Site Plan is approval for up to: 2.7 million square feet of office space 1.75 million square feet of retail, restaurant, and hotels Up to two hotels with a total of 943 hotel rooms With an additional 11 acres of open flex space, which can be used for either additional future development, outdoor activities and uses, or be home to a future new stadium in the event the current stadium is replaces, we see an outstanding plan for the future of that site. 1 Banting Suite A, Irvine, CA 92618 www.ochcc.org T: (714) 953-4289 Cell: ( And of course, on top of all that and of the utmost importance to Angels fans, the team commits to staying in Anaheim until 2050, 30 years from now. With options for extensions at the discretion of Angels Baseball, it adds another 25 years to that, meaning the Angels could be here up to 55 years from now under this agreement. All told, this is an incredible deal, and an incredible point in the history of Anaheim and Orange County. The chance here to open up this property to income generating potential and job t community. Iurge your support of and vote for approval of finalizing this sale and approval of the proposed development agreement and site plan. Best Regards, Reuben D. Franco President & CEO Orange County Hispanic Chamber of Commerce