Planning 2013-11-14 Item 5 - Public Hearing: Tukwila Village Phase 1 - Attachment C - Project Description

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Tukwila Village Development Proposal Project Description The Applicant is Tukwila Village Development Associates, LLC, a Washington limited liability company. The proposed Tukwila Village Development (the "Project ") is mixed -use, multi -phase development of a site owned by the City of Tukwila located at the northeast and the southeast corners of the intersection of Tukwila International Boulevard and S. 144th Street (the "Project Site "). The Applicant has obtained the exclusive right to acquire the Project Site and to develop the Project pursuant to the Disposition and Development Agreement dated as of October 30, 2012 entered into by and between the City of Tukwila and Tukwila Village Associates, LLC, and approved by motion of the Tukwila City Council at a Special Meeting on October 22, 2012 (the "Disposition and Development Agreement "). The Project Site consists of approximately 187,000 square feet of land immediately north of S. 144th Street and east of Tukwila International Boulevard (including approximately 23,000 square feet of 41st Avenue right of way to be vacated by the City of Tukwila) plus approximately 90,000 square feet of land immediately south of S. 144th Street and east of Tukwila International Boulevard, for a total of approximately 277,000 square feet or 6.4 acres of land. The Project Site consists of 21 parcels or tax lots which are proposed for consolidation into five development parcels pursuant to a Boundary Line Adjustment ( "BLA ") application. The proposed Development Parcels, Phasing and Buildings are illustrated on Attachment A. The proposed Project is being developed in accordance with the terms and conditions of the Disposition and Development Agreement, Recording No.20130212001612, as noted above, and the Development Agreement, Recording No. 20130212001613, dated as of December 21, 2012 entered into by and between the City of Tukwila and Tukwila Village Associates, LLC, as approved by the Tukwila City Council pursuant to Ordinance No. 2391 adopted on December 10, 2012. The Project Description corresponds to three development phases occurring on each of the corresponding Development Parcels in accordance with a Phased Development Plan. In addition to the three phases, the development of a public outdoor landscaped "open space" Plaza (the "Community Plaza ") and a public indoor Commons or "community" building coupled with a private Cafe / Coffee Shop (collectively, the "Community Commons Building "), will occur on a separate Development Parcel known as the "Plaza Parcel," or Parcel C on the BLA application. 1