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• Preserving open space, providing park dedication and trails, and/or providing <br />stormwater management areas, in excess of minimum standards to implement the <br />Greenway System <br />• Using "Green" building and low impact development techniques <br />• Restoring/enhancing ecological systems <br />• Managing stormwater using natural filtration and other ecologically based approaches <br />• Providing life -cycle and affordable housing <br />• Diversifying the tax base to lessen the tax burden on residential properties <br />Summary <br />Public Benefit Gained: <br />1. Economic expansion <br />2. Greater variety of housing types such as townhomes (owner -occupied and renter - <br />occupied), market rate apartments, and senior living <br />3. Multi -functional greenway corridor and storm water management system <br />4. Preservation and protection of lake and wetland natural resources <br />5. Transition from low intense residential development near natural resource to higher <br />intense development near arterial roads. <br />6. Efficient use of land and private streets resulting in smaller network of utilities and <br />streets <br />7. Mix of residential and commercial land uses <br />8. Life -cycle housing <br />9. Preservation of open space that is accessible to the public <br />10. More parkland dedication fees available for park development <br />11. Wider landscape buffers and trail corridors <br />12. Diversified tax base <br />Flexibility Provided: <br />1. Building height: 40 feet (3-story) or 48 feet (4-story) > allowed 36 feet height in <br />shoreland district. <br />2. Densities be calculated as a collective rather than on an individual parcel basis. <br />3. Floor Area: 550 square foot studio apartment unit < required 700 square feet with <br />additional 100 square feet per bedroom <br />a. A maximum of 15% of all multi -family units can be studio apartments. <br />20 <br />