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3 <br />DOCSOPEN\LA515\117\949622.v2-4/26/24 <br /> <br />Development Timeline: <br />The following timeline has been estimated and submitted by the Applicant. <br /> <br /> Date Activity <br />April 22, 2024 Planning Commission Meeting for Comp Plan Amendment <br />May 7, 2024 City Council Meeting for Comp Plan Amendment <br />May 10, 2024 Start update on EAW <br />June 2024 Submit EAW to City for review. <br />July 2024 Submit EAW for publication. <br />November 2024 EAW Approval <br />December 2024 Preliminary plat submittal <br />March/April 2025 Preliminary Plat Approvals <br />May 2025 Final Plat Approvals <br />June 2025 Site Construction <br />October 2025 Apartment Building Construction starts. <br />January 2026 1st Residential Single-Family lot sales <br />February 2026 1st Residential Single-Family homes start construction. <br />August 2026 1st Single-Family occupancy <br />Summer/Fall 2027 Apartment construction complete <br />Spring 2029 Final residential occupancy <br /> <br />Environmental Review Required <br />The number of attached units (399) in this residential development is over the threshold (375) <br />triggering for a Mandatory Environmental Assessment Worksheet (EAW) established by <br />Minnesota Rules Part 4410.4300. The City must determine that further review of the project <br />through an Environmental Impact Statement (EIS) is not necessary. This must occur prior to <br />approval of the subdivision. It is not typical to accept a subdivision application as complete until <br />after the environmental review process has concluded. <br /> <br />Entitlements Required: <br />Staff have reviewed the concept level plan against the adopted 2040 Comprehensive Plan and the <br />City’s Zoning and Subdivision standards. The density of the property appears to meet the <br />requirements of the Comprehensive Plan but not the City’s Shoreland Overlay District, which will <br />necessitate shoreland variances. <br /> <br />The following approvals will be required for this project to be permitted: <br />1. Comprehensive Plan Amendment – An amendment to the development period for the <br />subject parcels on Map 3-7 in the City’s Comprehensive Plan is required. <br />2. Mandatory Environmental Review – The number of attached units (399) in this residential <br />development is over the threshold (375) triggering for a Mandatory Environmental <br />Assessment Worksheet (EAW) established by Minnesota Rules Part 4410.4300. <br />3. Rezone – From Rural Transition (RT) to Mixed Use Commercial (MU-C). <br />4. Major Subdivision – Required by the City’s ordinance to subdivide the property and allow <br />for dedication of easements and Rights of Way. <br />5. Planned Unit Development (PUD) – Provide flexibility to allow the developer to deviate <br />from the City Code requirements of the base zoning district, Mixed Use Commercial. <br />6. Variance(s) to Shoreland Overlay – Flexibility to requirements of the City’s Shoreland <br />Overlay Ordinance cannot be granted through a PUD. It is possible that flexibility to