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Planning Commission Meeting Minutes December 17, 2002 • Page 5 Ms. Hall noted that the preliminary plan shows encroachment into the required 25-foot side yard setback. It is not noted on the plan what the side yard setback is. All other required setbacks are met. LaNel will be asking for a Planned Unit Development (PUD), which will offer flexibility for both them and the City. In exchange for not meeting the side yard setback, the City might ask for extra landscaping or lighting, for example. Ms. Hall explained that the property, once constructed, will be managed by Lang Nelson Associates and become part of the Lang Nelson community of high quality senior rental homes, according to the developer. The development proposed is similar to The Arbors in White Bear Lake, which was recently completed by LaNel. Paul Brewer,president of LaNel Financial Group, presented the Commission with his proposed development and reviewed the Autumn Woods apartments. Mr. Brewer reviewed the site plan of this property,the grade changes and noted this building would be geared towards active seniors, 65 years and older. He stated the building would have no medical or nursing services available. Mr. Brewer indicated there would be an underground parking garage for the seniors within this unit. Mr. Brewer noted the additional property would create additional parking stalls and would share a driveway with the existing apartments. He indicated the one-bedroom units were roughly 828 square feet and that the two bedroom units were between 1,100 • tol,200 square feet. Mr. Brewer stated there would be common areas on each of the floors for media centers, exercise areas and a community room with kitchenette for residents to use. Mr. Brewer reviewed several other units that he developed in other communities to show the quality workmanship of his company. He indicated the proposed building would mostly resemble a complex completed in White Bear Lake, MN. Commissioner Hanson asked if the development would be proposing a curb cut along Kenzie Terrace. Mr. Brewer stated he would be proposing this to the County. Commissioner Thomas asked what the proposed rents would be for this development. Mr. Brewer noted this would run from $1.30 to $1.50 per square foot or roughly$1,200- $1,400 per month. Commissioner Thomas questioned what the vacancy rate was at Autumn Woods at this time. Mr. Brewer indicated this was very low at this time, remaining under 5%. Chair Melsha asked if there was a need for senior housing within St. Anthony. Mr. Brewer stated this was in great demand within this city. Vice Chair Stille asked if LaNel Financial Group would be owning this unit or just • managing it. Mr. Brewer stated LaNel would own and manage this property. Vice Chair Stille asked if any landscaping was proposed for this site. Mr. Brewer