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as <br />• for it. We intend to finance the project, at least at this point, <br />100%, as was our experience at Lakeshore Drive. So, I guess you could <br />say, that's the one liner for financing. Detailed questions on that and <br />Art, I'm sure, can fill that in. <br />Bruce Knutson <br />This very quickly, so we don't run out of time for your questions and <br />answers, I'll address more specifically phase 1 and how we approached <br />it architecturally. The basic massing of the building, we tried to pull <br />away from Kenzie Terrace in terms of where the major part of the units <br />would be, there's a lot of traffic on that street and as the commercial <br />is developed, there'll probably be more traffic. So, as a basic concept <br />we put the unit as far away from the terrace as can. Also, we do not <br />want to encroach on single family residences behind. what we've done <br />in terms of providing 'a transition phase, is to bring our service, our <br />parking, all.the noisy aspects to the site, in off of Kenzie Terrace. <br />The only contact with the residential area would be a service lane <br />in the alley, which would be like garbage pick up.. The other thing <br />that this provides in that kind of a•shape for the building is by keeping <br />the vehicular traffic oriented in front of the building in the center, <br />it allows us to provide pedestrian type circulation in the back side, <br />allowing for landscape, berming and screening between the alley and <br />residential area, mobile home area and some commercial in the future, <br />but allows.a nice private area around the building that would be basically <br />for the people's in that project. <br />Carrying that down to phase 2 and 3, using the same concept, keeping the <br />• vehicular input to the site down the middle and allowing green space <br />as a buffer between the multi -family and the residential on the other <br />side so that you have definition between the two spaces for nice land- <br />scaping and pedestrian related kind of details. <br />Going into the design of the building itself, we have essentially four <br />basic units and these are all covered in your booklet so I'll just touch <br />on them quickly. Standard one bedroom units, deluxe one bedroom, breaks <br />into two different categories and two bedroom units. They help define <br />and create the geometry of the building because our experience in <br />Richfield was that, if you look .at type B units, which are one bedroom <br />deluxes, we found in the market in the Richfield project, that people were <br />excited about unusually shaped apartments. I guess they lived in boxes <br />most of their lives and wanted something more exciting. <br />As Tony suggested, that as the marketing goes on for this project, there <br />may come a few more bends or kinks in the building depending on what the <br />market is looking for. In Richfield, we went through several building <br />designs, changing the unit mix, changing the angles of the building to <br />respond to what the market was, but staying within the same number of <br />units that was projected for the project. As you can see, the building <br />has lots of corners, lots of interest for the units and generally it's <br />been accepted very highly for the market and has been very successful. <br />The building has a main entry in the middle, the social programs that <br />• Tony addressed, the office space, hobby and exercise and all those kinds <br />of facilities are in the middle on the first floor. In addition, the <br />