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Comprehensive Plan and Housing Density <br />The City completed an extensive city wide analysis of land use and housing densities <br />when updating the Comprehensive Plan in 2011. The City has established allowed <br />residential housing densities throughout the entire City from low, medium, high and <br />mixed use. Per Met Council, the city's overall residential density for development must <br />be a minimum of 3.0 units per developable (i.e. net) acre. In order to achieve this density <br />and preserve the public values of open space, natural resources and low density character, <br />certain areas of the city must be guided and allowed for medium to higher density <br />development. The Comprehensive Plan was approved to allow for a residential density of <br />3 to 4.5 units per net acre in the mixed use area referred to as Hardwood Creek which <br />abuts I -35E on the west. <br />Density Calculations <br />Per the City's Comprehensive Plan, this mixed use development requires a residential <br />development at 3.0 to 4.5 dwelling units per net acre. This is a balance between low <br />density residential (1.6 to 3.9 dwelling units per acre) and medium density residential (4.0 <br />to 5.9 dwelling units per acre). The Watermark proposal at 3.04 units per net acre is <br />consistent with the Comprehensive Plan's guided land use at the lowest possible density <br />allowed. <br />Watermark <br />Gross Area (acres) <br />Wetlands & Water Bodies <br />25.23 <br />Public Parks & Open Space <br />55.11 <br />Arterial ROW <br />3.92 <br />Other (Undevelopable) <br />0.00 <br />Net Area (acres) <br />287.74 <br /># of Units <br />876 <br />Gross Density (units/acre) <br />2.35 <br />Net Density (units/acre) <br />3.04 <br />3 <br />