BCHD's Existing FAR is 0.72 with Property Value Damages of $74M to Surrounding RB Residential Property

BCHD's existing FAR of 0.72 conforms with the proposed 0.75 in the General Plan. At the current FAR, BCHD damages surrounding property by $74M. It would be against PCDR policy that requires the PROTECTION OF PROPERTY VALUES to allow further increases in BCHD's FAR.

See reference and data on BCHD property damages to surrounding property at https://www.stopbchd.com/post/redondo-property-values-within-1-2-mile-of-bchd-show-estimated-74m-value-loss also.

BCHD has also stated that it is aware it damages surrounding property values.

An increase of FAR for P-CF from 0.75 to 1.25 would cause SUBSTANTIAL ADDITIONAL DAMAGES TO SURROUNDING PROPERTY VALUES IN VIOLATION OF THE RBMC PCDR CODE.

BCHD's existing buildings are 312,900 sf per BCHD's CEQA NOP

BCHD's site is 433,422 sf per BCHD's CEQA NOP

BCHD's existing FAR is 312,900/433,422 or 0.72