Project Status: Development Review, CEQA Review
The proposed project is a 454-unit residential mixed-use project on a 10.42-acre site located on five lots at 615-855 Deep Valley Drive and 924-950 Indian Peak Road. The project would include 10,229 square feet (SF) of commercial space and 881 parking spaces across four buildings. The project would remediate the steeply sloped hillside that experienced a landslide failure in 1997. The project would provide 44 units for very low-income households, which qualifies it for mandatory benefits under California's Density Bonus Law. The three buildings proposed along Deep Valley Drive would be seven (7) stories, consisting of three- and five-story portions over two levels of podium parking. The building proposed on the Indian Peak Road site would be five stories over one level of podium parking.
This project is eligible for a density bonus pursuant to California's Density Bonus Law (Gov. Code §65915-§65918). A useful overview of the Density Bonus Law is provided by the California Association of Councils of Governments online here. More information about incentives, concessions and waivers that can be requested by applicants pursuant to the Density Bonus Law is provided by the Southern California Association of Governments online here.
Timeline
- On June 24, 2025, the City Council will consider authorizing the City Manager to enter into a Task Order with Michael Baker International, Inc., to prepare a Supplemental EIR for the project, and will also consider authorizing the City Manager to enter into a Master Professional Services Agreement with Cotton Shires & Associates to perform third party peer review of geotechnical information for the project.
- On August 5, 2024, the City received a Development Application for this project from Rolling Hills Capital, LLC.
- On April 23, 2024, the City Council authorized the City Manager to enter into a Professional Services Agreement with Fehr & Peers to prepare a Transportation Impact Study for the project.
- On February 7, 2024, the City received an SB 330 Preliminary Application for this project from Rolling Hills Capital, LLC.
- On January 23, 2024, the City Council conducted a "first look" meeting to consider a proposal for the development of a 407-unit residential mixed-use project at the project site.
Any questions, please contact the Planning Division at Planning@rollinghillsestates.gov
