Will Carruthers, THE BOHEMIAN
Petaluma approves complex land deal despite widespread opposition
Late on the night of Monday, Feb. 24, the Petaluma City Council narrowly approved a controversial, multi-part land deal in order to fund a second train station for the city.
Critics of the deal between Petaluma and Lomas Partners, LLC—a Southern California company businessman Todd Kurtin owns—say none of the parties involved have been responsive to criticism of the proposed designs, the process of approving the project and costs to the city.
Ultimately, the deal, which in part requires the city to contribute $2 million to cover some of the costs of the new train station, could leave the city with little leverage over the design of a downtown housing development and a related off-site affordable housing component, critics say.
After hours of discussion and public comment, almost unanimously against the current project proposal, the City Council voted 4 to 3 to support a development agreement with Lomas Partners and several related documents to greenlight Lomas’ interlocked housing development proposals.
There is at least one more significant hurdle for the project. The agreements approved by the City Council will be void if the city cannot secure a formal commitment from SMART to construct the Corona Road Station, which, if completed, will be the city’s second train station.
To that end, the Council directed staff to set up a meeting with SMART to reach an agreement.
Here are some of the details of the deal:
In August 2017, Lomas Partners, LLC, signed a deal with SMART to purchase 315 D St., a 4.48-acre piece of land next to Petaluma’s downtown station, for $5 million. In exchange, Lomas would donate 1.27 acres of land at 890 McDowell Blvd. and build a 150-space parking garage on it. Under plans filed with the city, Lomas would construct 110 homes on the remainder of the 890 McDowell Blvd. parcel.