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Item No:5A Meeting Date: July 21, 2010 Type of Business: Action City of Mounds View Staff Report To: Mounds View Planning Commission From: Heidi Heller, Planning Associate Item Title/Subject: Review and Consideration of a PUD (Rezoning), Development Review, and Major Subdivision for the proposed “Coventry Senior Living” Senior Housing Development on County Highway 10; Planning Case MU2010-001 Introduction: Coventry Senior Living, represented by Greg Johnson, has submitted a planning application for a 95-unit senior housing development on three lots at 2340 County Highway 10 (“The Car Wash”) and the two adjacent vacant lots to the southwest. The building would have 18 independent living units, 45 assisted living units, 16 high-acuity units, and 16 memory care units. The developer/applicant has purchase agreements to buy the properties. This proposal involves three planning actions: 1. Rezone three properties from B-3, Highway Business and R-1 Single Family to Planned Unit Development 2. Major Subdivision to combine three lots into one parcel (2-steps - Preliminary Plat and Final Plat) 3. Development Review of the overall site plan Background: As you know, Select Senior Living has been trying to build a senior housing building on County Highway 10 and Groveland Road for the last couple of years. Due to the collapse of the financial markets, they have not been successful so far in securing financing for their project. Recently an opportunity presented itself to a previous member of the Select Senior Living project to build the senior housing on a different site in Mounds View. Coventry Senior Living LLC was then formed with an additional developer and the owner of 2340 County Highway 10, who wants to partner with them on this new site. The development site includes three parcels with an area totaling approximately 2.18 acres. County Highway 10 runs along the northeast side and O’Connell Drive runs along the southwest side of the site. The three parcels involved have mixed zoning designations - 2320 and 2340 County Highway 10 are zoned B-3, Highway Business, and 5260 O’Connell Drive is zoned R-1, Single-Family Residential. 2340 County Highway 10 currently has a self-serve car wash on the site, and the other two parcels are vacant. The immediate area consists of single-family homes, an apartment building, the vacant commercial “Premium Stop” lot, and directly across County Highway 10 is the Saturn/Motor Trend auto dealership.