The City Council approved a Vesting Zone Change and Height District Change Ordinance, with developer incentives including an 8:1 Floor Area Ratio (FAR) in lieu of 6:1 and a zero-foot rear yard setback, for the 670 Mesquit Project. This decision paves the way for a new mixed-use development totaling 1,792,103 square feet of floor area on an approximately five-acre site. The project will feature 676,437 square feet of office space, 271 hotel guest rooms, and 895 residential units, which include 45 units for Extremely Low Income households and 99 units for Very Low Income households. Additionally, the development will incorporate 14,345 square feet of retail, 28,688 square feet of restaurants, 35,515 square feet of studio/event/gallery/museum space, 34,000 square feet of gym uses, and a 30,000 square feet charter elementary school. These uses will be accommodated in four interconnected buildings, ranging in height from 210 feet to 378 feet, situated above subterranean and podium parking. The approval also includes the establishment of a Sign District Supplemental Use District to regulate signage and a General Plan Amendment to reclassify Mesquit Street between 6th and 7th Streets from a Collector Street to a Local Limited Street. The existing one- to four-story freezer, cold storage, and dry storage warehouses and surface parking currently on the site will be demolished.