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4 | P a g e <br /> <br />A PUD Overlay also requires review and approval of a site plan. Staff have provided an analysis of the <br />site plan below. Additionally, approval of a PUD requires the creation of a development agreement which <br />will be included as a condition of any approval. <br /> <br />3. Preliminary and Final Plat <br />The applicant’s submitted proposal calls for replatting the site, condensing it from six (6) lots into two (2) <br />lots. Lot 1 will be created via the combination of 2550 Rice, 2534 Rice, and all three parcels addressed on <br />Demont. Lot 1 will be the parcel for the proposed multifamily building. Lot 2 will be created via the <br />combination/expansion of 2526 Rice and a portion of 0 Demont (072922220040). Lot 2 will retain the <br />existing commercial structure (“Yo Pizza and Fries”) which Flameburger is proposed to occupy and will <br />effectively slightly reshape the parcel boundary of what is 2526 Rice. <br /> <br />When applied for concurrently, a plat is contingent on the approval of the PUD because the PUD process <br />allows applicants to receive deviations from lot standards. Staff have no objections to the proposed lot <br />area, depth, or width (Table 1) provided that the PUD overlay district is approved by the City Council. <br /> <br />Table 1. Proposed Lot Area, Width, and Depth <br />Dimensions Required for C-2 Lot 1 <br />(Apartment) <br />Lot 2 <br />(Flameburger) <br />Min. Lot Area N/A 2.81 Acres <br />(122,524 sf) <br />0.69 Acres <br />(30,215 sf) <br />Min. Lot Width N/A 216.07’ 120.00’ <br />Min. Lot Depth N/A 172.95’ 251.06’ <br /> <br />The C-2 – Corridor Mixed district has no established lot minimums in the Zoning Code but does have <br />performance standards for residential density which are part of the applicant’s PUD request. <br />