Marinwood Plaza is up for sale.

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Just got this listing for Marinwood Plaza from a friend.  There was an announcement that Marinwood Plaza, LLC (Hoytt Enterprises) put the commercial portion of the property up for sale last month and Bridge made an offer for the whole property.  Now we see that the whole property is being offered to the general public.  Does this mean that the property has fallen out of escrow with Bridge Housing?

I suspect that the issues with the toxic waste cleanup are much more of a problem than previously disclosed. The toxic waste extends under 101 and threatens the Silveira Ranch drinking water supply for the dairy herd.  Geologica has been testing for contamination on the Silveira property for the last few weeks.  

And then there is the issue with the benzene gas contamination from the freeway at 4 times legally allowable limits and the neighboring microwave farm that will be blasting the apartments.  There are major environmental issues that may be difficult to re mediate.  In February 2014 the RWQCB (Regional Water Quality Control Board) issued a mandatory clean up order due to the severity of the toxic waste present.

Of course, the legal challenges to CEQA from our good friends at www.alliancemarin.org  also may be playing a significant role in having Bridge to reconsider developing the site.

Marinwood Plaza should be cleaned up no matter what development happens to it. The public health has been at risk too long.  It could be an expensive,lengthy process,taking years and millions of dollars to bring it into compliance.  

We will see what this all means soon.

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From Loop.net

Marinwood Plaza

121-197 Marinwood Avenue, San Rafael, CA 94903

Price Not Disclosed

33,514 SF | Retail

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Retail Property For Sale

Price:

Price Not Disclosed

Gross Leasable Area:

33,514 SF

Property Type:

Retail

Property Sub-type:

Neighborhood Center

Additional Sub-types:

Government Subsidized

Retail (Other)

Specialty Center

Property Use Type:

Investment

Tenancy:

Multiple

Lot Size:

4.99 AC

Listing ID

18909320

Last Updated

24 days ago

Find Out More...

Highlights

• Rare Marin County Mixed-Use Redevelopment Opportunity
• Tremendous Upside Through Redevelopment Of Site
• Extremely Strong Apartment & For Sale Housing Market
• Long-Term Triple Net Lease; Provides Stable Income Stream Through Redevelopment Process
• General Commercial Mixed-Use Marin Countywide Plan Designation
• Outstanding Demographics; Affluent Trade Area

Description

Marcus & Millichap as Exclusive Advisor is pleased to present the rare opportunity to acquire the fee-simple interest in the Marinwood Plaza ( Property ) located in Marin County, California. Marinwood Plaza is situated at the corner of Marinwood Avenue and Miller Creek Road with direct access and visibility to Highway 101.

Marinwood Plaza is comprised of four separate contiguous parcels totaling 4.99-acres (217,573 SF) with a 33,514-square foot existing improvement. The northern most 15,190-square foot portion of the existing improvement is leased to Marinwood Market under a long-term lease.

Marinwood Market is operating under a 15-year triple net lease that commenced on August 1, 2011 and runs through July 31, 2026. The lease incorporates annual consumer price index increases capped at 6.0% per annum throughout the base term and the first 10-year option and second 9-year option periods. Marinwood Market is required to pay as percentage rent 2.0% of gross sales in excess of the minimum monthly base rent.
The Property is zoned CP- Planned Commercial and has a GC- General Commercial/Mixed Use countywide plan designation. In addition, the countywide plan designated the Property as an HOD- Housing Overlay District.
Marinwood Plaza has been the subject of an ongoing redevelopment project ( Marinwood Village ) that incorporates the enclosed guiding principles that were previously approved by the Marin County Board of Supervisors several years ago.

The site boasts outstanding trade area demographics with approximately 5,298 residents with an average household income of $119,609 within a one-mile radius and approximately 116,135 residents with an average household income of $121,549 within a five-mile radius.

Happy Holidays to you!

It's a Transit Oriented Christmas

As we all know greenhouse gas emissions from livestock are higher than all transportation combined - so now in moves to be more sustainable Santa has had to switch from his lightning quick reindeer powered sleigh to public transit.

Posted by Richard Hall , December 18, 2013 at 10:12 AM

Santa's new transport mode is slower than his sleigh

In moves to reduce carbon emissions, and under pressure from sustainability groups, Santa has been forced to abandon his lightning-fast sleigh. As we all know emissions from livestock are  higher than all transportation combined (see Wikipedia entry) so Rudolph and his reindeer friends have been forced to go.

Santa will now be taking transit to conduct all of his deliveries in a move to reduce his excessively large emissions footprint. With the substantial amount of travel that he performs - delivering to every address once a year using a livestock powered vehicle - sustainability groups and transit advocates successfully won a lawsuit requiring Santa to switch to alternate green transportation methods such as transit. Consideration of emissions of alternative transportation methods, even though lower in emissions than transit, was not allowed under California Senate Bill 375 - as this bill focuses emissions reductions exclusively on cars and light trucks.

Santa's New Delivery Schedule

Due to connection times, weather delays and limited night bus and train schedules this now means that the following changes are effective immediately, starting Christmas 2013:

- package deliveries to children will now occur once every 100 years. Regretfully  this means four out of five children will not experience a single gift delivery at Christmas. Parents have been instructed to explain to their children that this is for the greater good to save the planet, and to reminisce with their memories of Christmases past.

- Darrell Steinberg, leader of the California State Senate has succeeded in passing new legislation in Senate Bill 666 whereupon children living in high density housing near transit will still receive annual deliveries. He expressed that this is to help the building industry and denied his legislation having any relationship with his substantial campaign donations from builders, building unions and train manufacturers.

- Santa will now only deliver extremely lightweight and small presents as he cannot carry his sack in his sleigh's capacious trunk. He can only carry a small and light load on transit.

Christmas Present Blacklist

All gift lists will now be monitored and any gifts that encourage or induce emissions have now been blacklisted. Known blacklisted items include:

     - Any Lego model depicting a single family home
    - Racing cars or models of cars that achieve under 50mpg (children may pick between the Prius, Civic  and Focus hybrid)
    - all livestock including dogs, cats, hamsters and especially ponies
    - model or toy space rockets and aircraft
    - any video game, DVD or Blu-Ray disc movie glorifying or even depicting a car, spacecraft or aircraft using a propulsion system known to emit carbon
    - any electrical device that may utilize electricity from a non-renewable power source such as coal
    - any device using batteries which are not renewable and bad for the environment

A list of acceptable presents is being prepared to help children with appropriate gift selection. Any reports of the bankruptcy of Toys-R-Us, FAO Schwarz and Walmart are alarmist and entirely premature.

Elven Population Moved to TOD Housing North of Greenland

Due to the greatly reduced delivery abilities 98% of north pole Elves have been given pink slips. Their services to wrap many numerous, large gifts are no longer needed. This population will be moved into an extensive series of large apartment complexes just north of Greenland to be served exclusively by transit. Some population attrition is anticipated due to excessive wait times for buses in sub-zero temperatures causing rapid onset of hypothermia.

Crack Sustainability Team to Educate Children

Highly trained sustainability educators from a newly formed team will explain the new policy to children. The team will be called "Green Regulations are Important for the New Chistmas Holiday". A committee is working hard on an acronym for the new group and a press conference announcement is expected shortly.

New Assembly Formed to Coordinate Efforts

A newly formed association of governments has been formed to coordinate the new system. This new authority will be paid for by a new "Christmas tax" imposed as a 10% increment in sales tax on all gift related items purchased between November and December.

This group has scheduled over 250 public outreach meetings to collect public input on the new Christmas delivery system. The schedule of these meetings has been delivered in advance to sustainability groups who have been contracted to publicize these meetings. Adults over 18 will be able to attend outreach meetings for liability reasons to protect minors. Attendance and feedback sent by minors who are under 18 years of age are not accepted.

The cooperation of you and your children in this important matter is appreciated. We have to save the planet for our children!

What do the Supervisors want for Christmas this year from YOU?

What presents do the Supervisors want from YOU this year?

4882 doll houses.

14,000 new dolls- 2 whole cities worth!

A 38 mile diesel train set.

An electric company with wind turbines 

and solar panels.

New transit villages all over Marin with people 

living in cute, tiny apartments.

Bike paths with cool bridges and tunnels.

A streetcar with clanking bells with happy people going to work between San Anselmo and Fairfax.

A desalination water plant to make fresh water 

for more houses and people.

A hospital with free healthcare.

Spending money for architects, 

planners, consultants, and more.

Money to buy lots of farms.

Even more money to buy more stuff 

to make our cities grow in urban centers.

A sign for our playhouse that sez,

" Private. No stinky voters allowed!" 

And World Peace.

Politicians prey on fear and ignorance in the Old South and in Marin today.

In this scene from "Brother Where Art Thou?" the Southern politician tries to stir up fear and ignorance to get re-elected. Playing on our worst natures is the oldest trick in the politician's play book. 

In educated, liberal Marin County today, we can see how this is played by our local politicians against us.   Opponents to the urbanization of Marin, are termed racist NIMBYs while the politicians fight for developers and special interests.    Supervisors Kinsey, Rice and Sears are up for re-election in 2016.

Merry Christmas, Steve Kinsey shows his "love for fellow man"

No, Mr Kinsey, people who object to high density housing are not NIMBY, Racists, but you have a bit of explaining to do. Why you are refusing housing in YOUR backyard?

Steve Kinsey is a resident of Forest Knolls in West Marin, ten miles from the "low income project" of two units at the Grandi Building which he expects will never be built.

Steve Kinsey is up for re-election in 2016.

Quick Guide to "Kinseyspeak"  Flagwaver = Tea Party, Against Diversity = Racist, Unwelcoming = NIMBY, Contribution, Revenue enhancement, community support, investment = taxes,  Opposed to "community ideals" = Republican, "capitalism doesn't work"= "give me power to spend your money on solutions I think will work",  Community rights = elimination of private property rights

How is it that Man is always Bad and Government is always Good?

Supervisors Kinsey and BOS unanimously support Marinwood Village without hearing from the people



The Marin Board of Supervisors unequivocally support Marinwood Village without consulting Marinwood.

See Steve Kinsey explain that 100% of the  Board of Supervisors support the Marinwood Village Site,  unequivocally    at the November 29, 2012 TAM meeting before ALL THE FACTS are IN.

The have all ready given Marinwood Village project $460,000 in HIPE funds and are seeking another $696,000 or roughly $1.02 million dollars to steal part of Marinwood Ave to make parking for affordable developer Bridge Housing' plans for 85 low income housing units.

Gee,  it's great to be an affordable housing developer,  isn't it?

Our entire Marinwood CSD budget is $4.2 million dollar and the Board of Supervisors is giving over a million dollars to aid Bridge Housing before a shovel hits the dirt on the housing development. 

Some people get rich. Some people get subsidized rents. We get taxed.

How dare they rip off the only asset that our community will have to build a vibrant commercial hub.  Once our neighbor's move their families into the "stack and pack" housing moves into their tiny apartments,  we will have to build more class rooms, hire more teachers, cops and firefighters.

The Marinwood Village development won't begin to pay it's fair share to the community .  In addition, we may also have to upgrade our fire station and water and sewer. Higher taxes for us. Free stuff for them.

How many of us moved into the neighborhood to have our community stolen from us by bureaucrats and politicians?

Even our new neighbors have to eat.  Do you think they will be picking up $7.32 cent  a gallon organic milk at the market? What will happen when the market's rent subsidy disappears?

If you are sick and tired of all this crony capitalism and silly land use,  I urge you to join us in fighting the Marinwood Plaza project. 

If  you are sick of secret planning sessions behind closed doors with hand picked "neighborhood leaders" I urge you to join us.

If you are sick of hearing the lie that "the community decided" on a mixed use project in 2006 and your vote doesn't count, I urge you to join us.  

The first and only "public" meeting on the Marinwood Village project was on October 27th, 2012.  Over 43% of us are new to the community since 2007. The 2006 project was a private development that actually would have contributed to our tax base.

The "leaders" must know that we will not follow the destuction of our community to fulfill their vain ambitions.  Let the crony developers know, that they will only be welcome if they come through the front door and reveal their intentions first.

We are not opposed to all affordable housing.  We are opposed to the taking of our rights to manage our own community.