2022-11-02 PC Packet - Laserfiche WebLink

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Item 05C Page 11 of 17 Estimated project costs are $28.7 million. As an affordable housing project, the developer is requesting Tax Increment Financing (TIF) from the City for $1,817,000 over 20-years, in addition to assistance from Ramsey County (October 2022 application), and the State of Minnesota (January 2023 application). Recommendation: Staff recommends approval, conditioned upon plans being revised prior to City Council action. The Preliminary Plat has minor corrections needed. The PUD and Development Review have missing data (e.g. Usable Open Space calculations, retaining wall & fence height) which are necessary. This is a PUD. The intent of a PUD is to allow deviations from the minimum standards of the City Code to achieve a more desirable project. It is a give and take process. The property has unique qualities, with frontage on busy Mounds View Boulevard, and quiter Woodale Drive. It is adjacent to single-family homes, and across from a car dealership and plasma donation center. The Commission should consider how this 4-story apartment building can merge into the neighborhood, limiting negative impacts while rejuvenating the Mounds View Boulevard corridor. As well as, what attributes will make this project a sustainable and desirable place to live 30+ years from now. The Planning Commission may; 1. Recommend approval for all or part of the Resolution; 2. Recommend denial (with Findings) for all or part of the Resolution; or, 3. Table action (to November 16th) if more information is needed before making a recommendation The City Council will discuss this item at their November 7, 2022 Work Session. If the Commission has recommendations for items "to be considered", that discussion should be continued at the Council Work Session. The City Council will conduct a Public Hearing on Monday, November 28, 2022 at 6:30 PM. Notice was published by the Shoreview Press on October 25, 2022, and mailed to property owners within 350' of the project.35 Because Staff anticipates a larger interest in the project than is typical, Public Hearing Notices were mailed to additional property owners bounded by Mounds View Boulevard, Woodale Drive, and Edgewood Drive (e.g. the neighborhood). Application Application Complete 60-Days 120-Days Zoning Map Amendment Oct 10, 2022 Oct 10, 2022 Dec 9, 2022 Feb 10, 2022 Preliminary Plat Oct 10, 2022 Oct 10, 2022 N/A Feb 10, 202236 Planned Unit Development Oct 10, 2022 Oct 10, 2022 Dec 9, 2022 Feb 10, 2022 Development Review Oct 10, 2022 Oct 10, 2022 Dec 9, 2022 Feb 10, 2022 35 MN Statute 462.357; Subd 3 (Official Controls: Zoning Ordinance; Public Hearings) 36 Mounds View City Code §158.020(I) (Council approval or disapproval) i lie rvaounus view vision A Thriving Desirable Community