APPLICATIONS FOR VESTING TENTATIVE TRACT MAP TT 74194, RESIDENTIAL  PLANNED DEVELOPMENT PERMIT RP-17-7, CONDITIONAL USE PERMIT CU-17-9  AND DEVELOPMENT AGREEMENT FOR THE DEVELOPMENT OF THE PROPOSED  VILLAGES AT THE ALHAMBRA PROJECT (PROJECT) WITH 294 NEW, FOR-SALE,  RESIDENTIAL DWELLING UNITS IN FIVE-STORY STACKED FLAT AND  TOWNHOME CONFIGURATIONS; 545 NEW RENTAL APARTMENTS IN FIVE STORY STACKED FLAT CONFIGURATIONS; AND UP TO 4,347 TOTAL PARKING  SPACES TO ACCOMMODATE ALL NEW USES. IT IS EXPECTED THAT IF THE  PROJECT IS APPROVED THE APPLICANT WILL IMPLEMENT A PARKING  REDUCTION PURSUANT TO ALHAMBRA MUNICIPAL CODE SECTION 23.52.060.  THE PROJECT SITE IS LOCATED IN THE PO (PROFESSIONAL OFFICE) ZONE. AN ENVIRONMENTAL IMPACT REPORT HAS BEEN PREPARED FOR THE PROJECT  AND WILL ALSO BE CONSIDERED WITH THE PROJECT ALONG WITH A  POSSIBLE STATEMENT OF OVERRIDING CONSIDERATIONS – F2M17-50, N2M20- 163