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Lakeview Estates <br />page 2 <br />way. The Lakeview Estates site is within an existing neighborhood and on the corner of two city streets. <br />The Schultz property by itself is less than one acre (approximately 0.77 acre). However, if half the <br />rights of way are included (the south side of Elm St. and the east side of Lakeview Drive), the area <br />includes 1.12 acres. <br />Other lots to the south will not be able to subdivide because they do not have the street frontage for <br />additional lots. Therefore, the overall density of the neighborhood will not change significantly. <br />Currently, there are 42 lots in the 40 acres between Elm St., Sunrise Drive, Fairmont Drive, and Sunset <br />Road. This is 1.05 units/acre. Adding two lots will result in 1.10 units/acre. <br />The table below identifies the existing land use and zoning as well as guided land uses for the area. <br />Location <br />Existing Land Use <br />Guided Land Use <br />Existing <br />Zoning <br />Site <br />residential <br />Low Density Sewered Residential <br />R-1 <br />North <br />residential <br />Medium Density Sewered Resid. <br />R-4 PDO <br />South <br />residential <br />Low Density Sewered Residential <br />R-1 <br />East <br />residential <br />Low Density Sewered Residential <br />R-1 <br />West <br />residential <br />Low Density Sewered Residential <br />R-1 <br />Growth Management, MUSA Reserve and Units/Year: No additional MUSA is necessary for this <br />proposal. The May 2003 comprehensive plan amendment acquired additional MUSA for the Elm St. <br />properties, which avoided the need to withdraw from the MUSA "bank" established in 2002. The two <br />new units would fit within the policy of 147 per year and so could be final platted in 2003. The table <br />below shows the status of the staging plans for new residential units. <br />LOTS/UNITS <br />Development Name <br />and Phases <br />Prelim <br />Plat <br />Phasing lans by year (lots/units to be final platted) <br />year end <br />2002 2003 2004 1 2005 i 2006 2007 <br />Stoneybrook <br />2nd Addn <br />103 <br />51 <br />52 <br />Century Farm North <br />249 <br />56 <br />65 <br />52 <br />43 <br />33 <br />Ravens Hollow <br />56 <br />56 <br />Haley Manor <br />10 <br />Crystal Cove <br />3 <br />3 <br />Bruggeman <br />152 <br />22 <br />47 <br />51 <br />32 <br />minor subdivision lots <br />1 <br />Lakeview Estates <br />2 new <br />2 <br />total <br />51 <br />146 <br />168 <br />103 <br />75 <br />33 <br />remaining of 147 <br />! exceeds target of 147 by <br />percent <br />-21 <br />21 <br />14% <br />44 <br />72 <br />114 <br />