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<br />Item No: 9B <br />Meeting Date: May 8, 2017 <br />Type of Business: Council Business <br />Administrator Review : ____ <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Jon Sevald, Planner <br />Item Title/Subject: Public Hearing: Resolution 8751, Approval of a Conditional <br />Use Permit for a Multiple-Family Dwelling for Properties <br />Located at the NW Corner of Mounds View Blvd. and <br />Groveland Rd. (Planning Case MU2017-001) <br /> <br /> <br />Introduction: <br />MWF Properties is proposing to construct a 60-unit apartment building at the NW <br />corner of Mounds View Blvd. & Groveland Rd. Apartments require a Conditional Use <br />Permit (CUP) within the R-4 High Density Residential District. If approved, and if the <br />developer obtains financial assistance, MWF’s intent is to apply at a later date for a <br />Major Subdivision to combine four lots into one lot and to apply for a Development <br />Review of the apartment plans. <br /> <br />Discussion: <br />The project is located on four properties, totaling 3.5 acres. <br /> <br />ADDRESS PID ACERS ZONING CURRENTLY <br />7980 Groveland Rd 06-30-23-31-0029 0.59 R-4 High Density Residential Vacant <br />2865 Mounds View Blvd 06-30-23-31-0030 1.22 R-4 High Density Residential House <br />2901 Mounds View Blvd 06-30-23-31-0031 0.75 B-3 Highway Business Vacant <br />80XX Groveland Rd 06-30-23-31-0241 0.84 R-1 Single Family Residential Vacant <br /> <br />A request to consider a Zoning Map amendment to rezone two properties from B-3 and <br />R-1 to R-4 is to be considered on May 8th (Ordinance 934). <br /> <br />The proposed apartments will include 60-units of affordable workforce housing. <br />Residents will have an income restriction of 60% of the Area Median Income 1 (AMI), <br />based on household size. <br /> <br />Household size 1 2 3 4 5 6 7 8 <br />Max HH Income $36,060 $41,220 $46,380 $51,480 $56,620 $59,760 $63,840 $67,980 <br /># of Bedrooms 1 2 3 4 5 6 <br />Max HH Rent $966 $1,159 $1,338 $1,494 $1,647 $1,801 <br />Avg. MV-SLP Rent 2 $777 $894 $1,304 <br /> <br />There are 5,280 total housing units in Mounds View (2016). According to the City’s <br />rental licensing records, there are 1,511 multi-family rental units and 240 single-family <br />rental units (2017) (33% of total housing stock is rental). It is not known how many <br />units are limited to affordable housing. <br /> <br />1 Minnesota Housing Finance Agency, Housing Tax Credits & Tax Exempt Bond Income and Rent Limits, Table I, p. <br />31 [Ramsey County, effective 03-28-2016]. <br />2 Bujold, M., Wilder, R.. (2016). Table 7 Average Rents/Vacancies Trends Primary Market Area Third Quarter <br />2015. Initial Market Assessment for General Occupancy Market Rate rental housing in Mounds View, MN.