Now that Catellus has resolved the wetlands and species issues, it hopes to get the development agreement with the city amended by the beginning of the year so it can start road construction and the first phase of building by next spring, said Don Little, Catellus' senior vice president of commercial development for the Northwest region. On Oct. 5 Catellus will present the changes to the City Council and the Economic Development Advisory Commission. One of the remaining issues could be traffic. The City Council approved the original development agreement in 1996, recognizing that there are traffic issues that cannot be mitigated, said planner Mr. Banda. Since development would now be concentrated to the north along Auto Mall Parkway, there may be less impact on the southern portion of the property, he said.
Some traffic analysis remains to be done.
Fremont scores Fremont hopes to get quite a bit out of the deal. An option to buy land for an advanced business and community center. An agreement by Catellus to extend Cushing Parkway to Auto Mall Parkway. With the revisions in the plan, the city could buy up to 30 acres of the open space for a large park and playing fields and a few acres in the business park for a smaller city park. Catellus has not marketed the project yet, but plans to construct some of the roads and install utilities in preparation for tenants such as rapidly growing tech companies that need space quickly.