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Project Summary A summary of the key components of the Project on the Property follows. Site Element Housing Type Total Units Height Ugd. Parking Surface Parking Building A Senior Ind. housing 61 3 story peaked roof 31’5” to main eave 92 34 Building B Senior housing 128 3 story peaked roof 31’5” to main eave 77 34 Building C Market- rate 225 4 story flat roof 44’ to facia 238 218 Total Units Proposed for 15.37 acres: 414 housing units 407 286 2501 Lowry Site Density: 26.94 units per acre The Proposal is a PUD, and the city has broad approval leeway to encourage development creativity that adds vitality to the city. The project however does not need much help in meeting the city’s already established multifamily guidelines. The Project’s Lot Coverage is projected to be 51.5% (including proof of parking). However, if we exclude the boulevard, that number falls to 47.1%. It is typical to exclude the boulevard for lot coverage calculations because the boulevard and the north and south sidewalks serve the public and the housing community. The 51.5% ratio also includes the swimming pool, gathering plaza, independent living patio and assisted living patio, and memory garden. These new outdoor spaces are landscaped and provide outdoor amenities for residents of the campus adding tremendous quality of life. If the pool and gathering plaza are excluded from these calculations, coverage drops further than 47.1%, which is excellent for a property of this size. The Project’s building-to-land ratio is 20.1% (22.3% if private road outlot is excluded), with the zoning max at 35%, the Project is well below the maximum. Compliance with Planning Principles In developing the Project, The Village paid special attention to the City’s five Planning Principles. We discuss each below. 1) The provision of affordable housing. The city has a history of including, requiring, and financially supporting the development of