3-17-25 Parks Commission Meeting Packet

Home Browse Search

STAFF REPORT DATE: 3-17-2025 Motion TO: Parks Commission FROM: Sophia Jensen, Senior City Planner AGENDA ITEM: Inwood 8th/Towns of Inwood Preliminary Plat and PUD REVIEWED BY: Nathan Fuerst, Bolton and Menk Planning Consultant BACKGROUND: The City has received a preliminary plat and PUD request from M/I Homes for review of an apartment and attached townhome development. The proposal is for a total of 272 units, split between a 123 unit apartment building and 149 attached townhome units, on roughly 19.3 acres. The site is part of the original Inwood development, North of 5th Street, which was platted in 2014. The site is currently undeveloped but has access to public streets and utilities. This part of the Inwood Development was planned conceptually at the time of the City’s approvals of the Inwood 1st – 5th Additions which contain the single-family part of this master planned area. The remaining undeveloped parcels of Inwood are planned for commercial development. The proposed project requires approval of a comprehensive plan amendment, PUD and plat. The Inwood development has already satisfied a portion of park dedication for the site. With the 1st addition, 10.73 net acres were dedicated as park land (now Ivywood Park). This was over the 9.57 acres required to be dedicated for the project area. This left a park dedication credit of 1.16 acres which was intended to be applied to land South of 5th Street. Below is a breakdown of the credit as it applies to the project area: 19.3 acres total land area for Inwood 8th x 10% park dedication percentage =1.93 acres for park dedication 1.93 acres - 1.16 acres of existing credit = 0.77 acres yet to be satisfied for park dedication ISSUE BEFORE THE PARKS COMMISSION: The Parks Commission is being asked to provide a recommendation on the proposal relating to park land dedication requirements. GENERAL INFORMATION: • Property Owner: Vadnais Associates LLC • Applicant: M/I Homes • Parcels: 33.029.21.14.0029, 33.029.21.13.0028, 33.029.21.42.0018, and 33.029.21.42.0017 • Site Area: ~19.3 acres • Density: 14.09 units/acre • Land Use Guidance: High Density Residential (HDR) and Mixed Use Commercial (MU-C) • Zoning: High Density Residential (HDR) and Mixed Use Commercial (MU-C) • Surrounding Land Use: The property abuts Inwood Ave and the Lake Elmo Park Reserve to the East, rural residential estate zoning to the North and South, and the City of Oakdale to the West. PARKS PROPOSAL DETAILS/ANALYSIS: Due to the prior park dedication that has already been provided by the development, the remaining park dedication requirements may be satisfied in one of three options: 1 ) Fee in Lieu of Land (~$93,653) the actual fee will be determined once the development moves into the final plat stage, or 2) 10% of the land area (minus the existing credit = 0.77 acres), or 3) A combination of both.