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HomeMy WebLinkAboutD248 MasterPlan_DevAgree_P&D_260323Large Master Site Plans and Development Agreements Planning And Development Committee, March 23, 2026 Matt Herrera, Planning Director mherrera@rentonwa.gov / 425.430.6593 Docket 20 / Item D-248 What is a Master Plan? Evaluates a project at a broad level Projects are phased •Master plan may be phased into a number of smaller site plans. •Current time horizons to build are up to 5 years with the ability to extend to 10 years. •Master plans require a public hearing and Hearing Examiner decision. •Future phases within the master plan are reviewed administratively. •Multiple buildings on a large site •Alignment of new streets and pedestrian improvements •Locating public open spaces and amenities •Identifying and mitigating cumulative impacts What is a Development Agreement? Voluntary contract between city and property owner •Authorized by the Local Project Review Act (RCW 36.70B.170) allows cities to enter into these agreements. •Establishes development standards and vests the project. •Provides an opportunity to modify development standards, however the project overall must be consistent with city’s adopted planning documents. •Process is completely discretionary with ultimate approval by City Council. •Development Agreement (DA) is recorded and is binding on the property, not the owner(s), for the term of the agreement. What is the Issue? •Projects are phased. •Phasing can extend across economic cycles and different ownership groups. •Current code structure does not allow for modification of development regulations without a Planned Urban Development, which are shorter term entitlements. •DA provides certainty for developers that the development regulations will not change over the course of term. •DA provides certainty for city that the construction timeline and benchmarks in the agreement are made over the course of term. •DA provides an opportunity for city to negotiate public benefits that otherwise could not be required by development regulations. Development Regulations do not contemplate large campus projects with long time horizons. What is the Proposal? •Text amendments to the Master Plan regulations that allow time limits to exceed the current 10-year limit for proposals that have an accompanied Development Agreement. •New text providing for Development Agreements in the Valley Community Planning Area for project areas encompassing 40 acres or greater. •Provide flexibility for development standard modifications similar to Planned Urban Developments. •Provide public benefit options in exchange for the DA (e.g. economic, environmental, recreation, design, infrastructure, mixed income housing) •Ensure DA is consistent with Comprehensive Plan and forthcoming Valley Community Plan •Cost recovery for increased staff time and outside counsel in DA negotiation •Require a public hearing with City Hearing Examiner. •Approval by the City Council. Provide new Development Agreement code language limited in scope. Questions? Large Master Site Plans and Development Agreements Planning And Development Committee, March 23, 2026 Matt Herrera, Planning Director mherrera@rentonwa.gov / 425.430.6593 Docket 20 / Item D-248 Planning Commission •Briefing - April 1 •Public Hearing - May 6 •Deliberations and Recommendation - May 20 Planning and Development Committee - June 8