The proposed Magnolia Tank Farm Project involves two development options at the equal level of consideration: The first option is a mixed-se development comprised of a 211,000 sf lodge/guesthouse accommodations with a max of 215 rooms, including 175 guest rooms and family/group overnight accommodations with 40 rooms; 19,000 sf of ancillary and visitor-serving retail and dining; up to 250 for sale, residential units (at 15 dwelling units/acre); 2.8 acres of coastal conservation area to provide a buffer for the adjacent wetlands; and 2.8j acres of park. The second option (alternative 1) consists of the redevelopment of the project site with up to 250 for sale, residential units (at 11 dwelling units/acre), parks, and open space. Alternative 1 does not include the lodge/guesthouse and visitor and resident-serving uses. All other project components would remain the same.
On February 1, 2021, the Huntington Beach City Council took the following actions as they pertain to the approximately 29 acre parcel, identified above as the Magnolia Tank Farm Project: held a second reading of and adopted Ordinance No. 4225 pertaining to Zoning Map Amendment (ZMA) No. 17-001 and Ordinance No. 4226 pertaining to Development Agreement (DA) No. 19-001. The ZMA changes the zoning from Public-Semipublic with Oil Production Overlay and Coastal Zone Overlay (PS-O-CZ) to Specific Plan with Coastal Zone Overlay (SP-18-CZ) and requires certification of a Local Coastal Program Amendment by the California Coastal Commission. The DA vests the project approvals.