The plans, subject to final city approval, call for tearing down the Sears building and parking garage in order to add a movie theater, grocery store, a lifestyle health club, outdoor courtyard, and new retail and restaurants.
Other key components of Simon's proposal include adding back only 78 street-level parking spaces -- resulting in a net reduction of 1,251 spots at the mall, with the loss of the Sears garage -- as well as closing off six of the nine driveway openings onto Stoneridge Mall Road, a move that city planners consider a significant improvement over current traffic safety and circulation conditions.
There is no new housing contemplated as part of the current proposal. It is unclear whether this is a one-off redevelopment, or if Simon officials have other projects planned to revitalize the mall site.
The Pleasanton Planning Commission was set to hold an initial review of Simon's application as part of a public workshop on Wednesday evening, after the Weekly's print deadline.
No final decisions were scheduled to be made that night, and city officials anticipate the proposal could move toward public hearings by midyear, at the earliest, according to community development director Gerry Beaudin.
When asked for comment on the redevelopment plans, Simon officials offered a statement from mall manager Jeff Chen: "We are looking forward to presenting our exciting redevelopment ideas for the Stoneridge Shopping Center in Pleasanton at Wednesday night's Planning Commission meeting."
With the new application, Simon eyes the first major renovation project at the 40-year-old mall since the Cheesecake Factory and P.F. Chang's restaurants were built in 2005.
The revitalization focuses on the Sears building left vacant when the now-bankrupt company closed its Pleasanton department store in January -- itself a previous add-on to the mall, constructed in 1995.
Simon proposes to demolish the 178,000-square-foot former Sears storefront and 1,189-stall parking garage and replace them with 258,000 square feet of new multi-use retail and recreation space.
The additions would include three new, two-story buildings for retail stores, with exterior walkways connecting to both floors of the mall.
A fourth new building would include space for a 23,000-square-foot specialty grocery market and two restaurants on the ground floor and a roughly 40,000-square-foot movie theater on the second floor.
The final new building would feature a 125,000-square-foot lifestyle fitness facility with a restaurant space, adjacent to Stoneridge Mall Road.
The only replacement parking contemplated for the project area is 78 surface-level spaces south of the health club.
That would leave the mall with 5,360 spaces -- an overall reduction of 1,251 spots -- after losing the Sears garage. City officials said that count would put the mall at least 348 spots short of the total required by parking standards in the developer agreement between the city and Stoneridge, but they also point out that the city has discretion to consider a lesser parking ratio, if appropriate.
Also as part of the proposal, Simon would reconfigure the existing driving and parking areas to close off all but three of the driveway openings onto Stoneridge Mall Road, as well as create new pedestrian and bicycle access lanes along the inner side of the Stoneridge Mall Road loop.
The plans do not consider any new apartment housing, an addition long speculated to come to the Stoneridge Shopping Center site -- although city staff do note that four sections of land at or around the mall property, including one immediately south of the Sears site and another next to the West Dublin-Pleasanton BART Station, have been earmarked as "housing opportunity sites."
Wednesday evening's work session was designed to allow planning commissioners to provide initial feedback to city staff and the developers in a public setting before the application is finalized.
Key discussion points were expected to include the site design, traffic circulation, parking and building architecture.
Simon representatives would then work to finish the application in light of the input and direction from the commission. If the meeting goes well Wednesday, public hearings could follow as soon as late spring or early summer, according to Beaudin.
Pleasanton Mayor Jerry Thorne did acknowledge Simon's proposal in his State of the City address Tuesday afternoon, saying city officials anticipate this application is "the first phase of future investment at Stoneridge."
This story contains 762 words.
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