He is expected to be joined by Jennifer Paige, AICP, the City’s Director of Planning & Community Development, who co-authored the report for the Committee.
The proposed incentives, as shown in the agenda, include increased allowances for rooftop mechanical equipment, exemptions from floor area ratio requirements, updated definitions, and expedited plan check services.
The report is a follow-up to the EDTech Committee’s meeting in February, where committee members directed City staff to identify existing incentives and explore new measures to bolster the life science industry in Pasadena.
In response to the instructions, Klug’s staff conducted follow-up conversations with key stakeholders in the life science and related fields to develop an initial set of potential zoning code amendments.
A memorandum prepared by Klug and Paige for Tuesday’s meeting highlights existing rebate programs that Pasadena currently offers to businesses and developers, including construction tax rebates, climate-friendly initiatives, and sustainability programs by Pasadena Water and Power. In addition, the city has recently amended its hazardous materials code to reduce burdensome reporting requirements.
The report outlines the existing and recommended incentives for research and development facilities.
Currently, some projects within specific plans enjoy additional building height allowances, reduced parking ratios, and modified open space requirements. The memorandum said some of the proposed incentives aim to simplify the definition of Research and Development, provide flexibility in development standards, and emphasize life science developments in key geographic areas.
Following the report, Klug and his staff will seek authority to engage further with city departments and stakeholders in the life science industry to study the feasibility of the amendments.
Later, a study session is propposed with the Planning Commission, during which additional incentives may be identified and explored.
The Planning Commission will normally conduct a public hearing to recommend the proposed amendments to the City Council. The City Council will also hold a public hearing to formally consider and potentially implement the suggested incentives.
Klug said the Economic Development Committee’s efforts to enhance incentives demonstrate the city’s commitment to fostering growth and innovation in the life science sector. With the proposed measures, Pasadena could strengthen its position as an attractive destination for life science facilities and become more prominent in the competitive industry landscape.
The public is encouraged to take part in the Economic Development and Technology Committee meeting on Tuesday at 5:30 p.m., either in person at the City Hall Council Chamber, or via videoconference or teleconference.
The meeting can be live-streamed at http://pasadena.granicus.com/MediaPlayer.php?publish_id=9 and www.pasadenamedia.org.
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