Retail Component. Developer is to develop a high quality commercial retail center totaling approximately 38,100 square feet of retail, consisting of retail and commercial space occupied by nationally or regionally recognized retail tenants, including restaurants/eateries and other retail shops consistent with the development standards of the Beach Boulevard Specific Plan and any applicable Conditional Use Permits (CUP/CUPs). The initial identity of Retailers that occupy more than 5,000 square feet of gross leasable area shall be approved by the Director of Community and Economic Development of the City of Anaheim (“Director”), acting in his/her reasonable discretion, consistent with the immediately preceding sentence and the definition of “Retailers” set forth in Section 100 of the DDA. Residential and retail shall be integrated to encourage mixed uses, outdoor dining and community spaces/outdoor plazas. The retail uses shall be oriented in such a way as to create a pedestrian oriented environment with restaurants/eateries, walkways, shared outdoor dining/seating, decorative lighting, plazas, parking, and community gathering spaces. The Retail Component will exhibit a high degree of design details and decorative elements. Notwithstanding anything to the contrary in this Agreement, Developer shall not be responsible for constructing any improvements on the Project which are the responsibility of the ground or pad tenants under the Leases, subject to the Director’s right to approve the initial identity of Retailers that occupy more than 5,000 square feet of gross leasable area in accordance with the second preceding paragraph and the definition of “Retailers” set forth in Section 100 of the DDA (“Tenant Improvements”). The site design, building architecture, pedestrian amenities and landscape and lighting treatment of the entire 39 Commons project will be comparable to other first rate, commercial retail centers in Southern California.
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Retail Component. Developer is to develop a high quality commercial retail center totaling approximately 38,100 35,087 square feet of retail, consisting of retail and commercial space occupied by nationally or regionally recognized retail tenants, including restaurants/eateries and other retail shops consistent with the development standards of the Beach Boulevard Specific Plan and any applicable Conditional Use Permits (CUP/CUPs). The initial identity of Retailers that occupy more than 5,000 square feet of gross leasable area shall be approved by the Director of Community and Economic Development of the City of Anaheim (“Director”), acting in his/her reasonable discretion, consistent with the immediately preceding sentence and the definition of “Retailers” set forth in Section 100 of the DDA. Residential and retail shall be integrated to encourage mixed a mix of uses, outdoor dining and community spaces/outdoor plazas. The retail uses shall be oriented in such a way as to create a pedestrian oriented environment with restaurants/eateries, walkways, shared outdoor dining/seating, decorative lighting, plazas, parking, and community gathering spaces. The Retail Component will exhibit a high degree of design details and decorative elements. Notwithstanding anything to the contrary in this Agreement, Developer shall not be responsible for constructing any improvements on the Project which are the responsibility of the ground or pad tenants under the Leases, subject to the Director’s right to approve the initial identity of Retailers that occupy more than 5,000 square feet of gross leasable area in accordance with the second preceding paragraph and the definition of “Retailers” set forth in Section 100 of the DDA (“Tenant Improvements”). The site design, building architecture, pedestrian amenities and landscape and lighting treatment of the entire 39 Commons project will be comparable to other first rate, commercial retail centers in Southern California.
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