Why is the proposed project taller than the Specific Plan allows? Does the project have to comply with the development standards in the Specific Plan?

The North Business Park Specific Plan limits buildings along Lindero Canyon Road to a maximum height of three stories and 55 feet. The proposed project has buildings that vary in height from three to six stories with heights up to 70 feet. Under the State’s Density Bonus Law, in addition to a 50% density bonus, the applicant is entitled to three incentives or concessions.  The incentives and concessions that can be chosen by the applicant include exceptions to the height limit and other applicable development standards.

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1. Why is residential development allowed here?
2. How much residential development is allowed here?
3. Why is the proposed project allowed to have more units than allowed by the Specific Plan? What is a density bonus?
4. Why is the proposed project taller than the Specific Plan allows? Does the project have to comply with the development standards in the Specific Plan?
5. Why is the State allowed to overrule the North Business Park Specific Plan?