Agenda Packets - 2017/04/07 - Laserfiche WebLink

Home Browse Search

Item 07A April 24, 2017 Page 3 Findings: Any depreciation or increase in area property values is speculative. It is expected that approval of this Zoning Map amendment will be followed by a development of a multiple- family dwelling, which will improve the properties from its current vacant status, thereby improving the vibrancy of the neighborhood. 4. The character of the surrounding area. Findings: The character of the surrounding area along Mounds View Blvd (County Road 10) includes a mixture of commercial, single-family detached homes, and single-family attached townhomes. The character of the surrounding area along Groveland Road includes single-family detached homes. 5. The demonstrated need for such use. Findings: The two parcels are currently zoned B-3; and R-1. The B-3 parcel was formerly occupied by a gas station (1972 - 2001). The R-1 parcel is landlocked and undevelopable as-is. Once re-zoned, the applicant’s intent is to develop a multiple-family dwelling on the subject properties and the adjacent southeasterly two properties. The need is demonstrated by the market demand for multiple family housing, and the lack of demand for allowable commercial uses on the B-3 zoned parcel. Planning Commission Recommendation: The Planning Commission considered the zoning map amendment on April 5, 2017, approving Resolution 1067-17, recommending approval of the amendment. Summary: MWF Properties is requesting to rezone two properties to R-4, High Density Residential. The CUP will be considered at the May 8th City Council meeting. The proposed apartment building will include 60-units of affordable workforce housing. MWF Properties will be requesting financial assistance from the Minnesota Housing Finance Agency (competitive grant) and from the City EDA (Housing TIF District). If financial assistance is obtained, MWF will then apply for a Major Subdivision to combine the four lots into one lot, and will apply for a Development Review for the project. The Development Review will include specific plans for the location and appearance of the facility.