The proposed project “University Corner” located at 2331 University Avenue in East Palo Alto, will construct a 47,594 square foot four-story mixed-use building with retail space and parking on the ground level and 33 residential dwelling units on the level above the ground floor. The proposal would combine 3 existing parcels into one 38,905 sf parcel. Two of these parcels are presently vacant and the third contains a small single-family residence and accessory building. The site is located on the northwest corner of University Avenue and Runnymede Street and is zoned MUC-2. The MUC-2 zone promotes mixed-use buildings with higher density floor area ratios (FAR) and height limits along arterial roads to encourage the redevelopment of arterial roadways in East Palo Alto. The proposed mixed-use building conforms to all of the zoning requirements for this zone. The ground floor includes 2,500 sf of retail space plus a residential entrance and lobby, totaling 5,159 sf of floor area. The retail use may consist of storefront retail or a small café. See NOE for full details.