The approval of the North 40 Specific Plan amended the zoning of the property to the tailored designation of North 40 Specific Plan. The Specific Plan provides a maximum allowable development capacity for the entire Specific Plan area of 270 residential units and 501,000 square feet of commercial uses (additional details are provided on pages 2-6 thru 2-10 of the Specific Plan). The Specific Plan also requires 30% open space, design elements to reflect the orchard heritage of the properties, new bicycle and pedestrian paths as well as roads to serve the development, and improvements to nearby streets (e.g., Lark Avenue and Los Gatos Boulevard) to accommodate increased traffic.
The Council reduced the development amount from the recommended quantities by the North 40 Advisory Committee (364 housing units and 580,000 square feet of non-residential development). The Planning Commission and Town Council meeting minutes and reports are available here.