HomeMy WebLinkAboutLtr Plans - Density Calcs 11-30-16The Excelsior Group, LLC 1660 Highway 100 S, Suite 400, St. Louis Park, MN 55416
952-525-3200 ExcelsiorLLC.com Info@ExcelsiorLLC.com
November 30, 2016
Stephen Wensman
City of Lake Elmo
3800 Laverne Ave N
Lake Elmo, MN 55042
Re: Boulder Ponds – Zoning and PUD Amendment Application
Dear Mr. Wensman:
Pursuant our meeting on November 15th, please find the attached plans showing density calculations for the
multifamily site in Boulder Ponds. We would like to include these as a discussion item at the December 6th City
Council meeting.
To summarize, we have two density calculations for consideration:
1. Comp Plan Density – Based on the City’s Comprehensive Plan (Map 3-3), the site is allowed 266.7 units.
After netting out the approved units, 75.7 additional units are allocated to the site.
2. Zoning/ PUD Density – Based on the approved Boulder Ponds Zoning/PUD, the site is allowed 240.6
units. After netting out the total number of planned units, 49.7 additional units are allowed.
In either calculation, the multifamily site could be afforded significantly more density than currently allowed. In
the Comp Plan analysis, there would be 168.7 multifamily units and in the Zoning/PUD analysis, there would be
142.6 multifamily units.
Please contact us if you have questions or need further clarification. Thank you.
Sincerely,
Deb Ridgeway
Asset Manager
Enclosures