A formal application has not yet been submitted to the City, but the owner-developers are considering changes to the existing Master Development Plan (MDP) to allow for additional redevelopment which may include retail, residential, office, and entertainment uses. The changes would only affect the farthest north and south areas of the center (the Macy’s and Sears buildings). The majority of The Streets at SouthGlenn will remain the same.
The following list of amendments to the MDP are what the owner-developers proposed at the first Community Meeting and pre-submittal meeting. They presented an updated proposal, along with updated conceptual renderings of the changes they are considering, at the second Community Meeting on November 19, 2019. The updated proposal and renderings will be posted here after the meeting. As of November 19, 2019, the owner-developers proposed the following:
• Decrease the required amount of retail from 909,815 to 645,000 square feet.
o Currently, there is 948,853 square feet of leasable retail area, including the Sears and Macy’s buildings, which are approximately 307,000 square feet combined.
• Increase the allowed number of residential units to a total of 1,273 units from 350 units.
o Currently, there are 202 residential units within The Portola at SouthGlenn apartment building.
• Modify the permitted height of the Sears parcel from 50 feet to 75 feet and permitted height of the Macy’s parcel from 50 feet to 75 feet.
o The current allowable building heights within The Streets at SouthGlenn vary across the site. No building is allowed to exceed 100 feet. For context, the current tallest building is the office building north of the existing Sears building at 85 feet.