Laserfiche WebLink
Item 05A <br />Page 2 of 5 <br /> <br />The Mounds View Vision <br />A Thriving Desirable Community <br /> <br />building (both are affordable housing). One building to be on the motel site, and the other on <br />the Bauer property. Since April, MWF and Bauer did not agree to a land sale. Thus, MWF is <br />moving forward with a planned 120-unit senior apartment building at the Skyline site. The <br />Preliminary Development Agreement includes a purchase price ($1,550,000), recognizes the <br />need for public subsidies, zoning/land use approvals, and an escrow paid to the City to <br />reimburse city expenses, and an expiration date of December 31, 2022. This agreement is <br />necessary in order for the Developer to pursue public subsidies from the state. Separate from <br />the EDA, the City Council has informally agreed to include adjacent land owned by the City for <br />this project; 4943 Old Highway 8. The City purchased this property in 1996 to expand Old <br />Highway 8 into a four-lane road. <br /> <br />Analysis: <br />Lot Area 3.43 acres (approximately). <br /> <br />Zoning I-1 Industrial (EDA land), B-3 Highway Business (City land) <br /> <br />Comprehensive Plan Light Industrial, Light Industrial PUD (2010 Plan) <br /> Mixed Use (2020 Plan) <br /> <br />Planned Unit Development Residential PUD’s have a minimum project size of 3-acres. <br /> <br />Density Proposed: 35 units per acre. If zoned R-4, then 17 units per acre <br />is permitted (e.g. 58 units total, whereas 120 units are proposed). <br /> <br /> The City Code includes contradictions regarding maximum <br />density. Residential PUD’s are allowed a 10% bonus 1, although <br />the exact density shall be determined by the City Council.2 A PUD <br />is necessary in order to achieve the Developer’s desired density. <br /> <br /> The 2020 Comprehensive Plan guides these properties for Mixed <br />Use (60% residential, 40% commercial), and a density of 15-30 <br />units per acre. The City intends to amend the Comprehensive <br />Plan, to increase the density to 15-50 units per acre. <br /> <br /> FYI: New Brighton is amending their 2020 Comprehensive Plan <br />for PUD’s, from 50-units p/acre density, to 60-units p/acre. <br /> <br />Usable Open Space 3 Required: 625 sq ft per unit. Proposed: 470 sq ft (approximately). <br />Useable open space is not identified on the concept plan, but is <br />presumed to be the area north of the driveway. <br /> <br />Exterior Materials TBD. The Developer has provided an example, which appears to <br />include a mixture of cultured stone, and siding with three color <br />tones. Whereas properties within the County Road 10 Corridor <br />Overlay District have design standards, there are none outside of <br />this district. <br /> <br />1 Municipal Code, §160.317(5) (Density Bonus) <br />2 Municipal Code, §160.316(F) (Density) <br />3 Municipal Code, §160.012 Usable Open Space; A required ground area or terrace area on a lot which is graded, <br />developed, landscaped and equipped, intended and maintained for either active or passive recreation or both, <br />available and accessible to and usable by all persons occupying a dwelling unit or rooming unit on the lot and <br />their guests. The areas shall be grassed and landscaped or covered only for a recreational purpose. Roofs, <br />driveways and parking areas shall not constitute USABLE OPEN SPACE.