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CC PACKET 04102018
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CC PACKET 04102018
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help quantify the community benefit of your project. <br /> <br /> If the project includes a residential component, indicate how the project contributes to <br />the local municipality’s approved livable communities housing mix goals and benefits <br />for the local community. Also complete the attached Table 3 – Housing Summary. <br /> <br />The Village intends to redevelop the property for residential use. Three residential buildings and <br />693 parking stalls will be constructed; one building will support independent senior living, one <br />building will support assisted senior living and memory care, and one building will support <br />market-rate and affordable housing. Buildings will be three and four stories tall. Of the 693 <br />proposed parking stalls, 407 stalls will be underground and 286 stalls will be surface parking. A <br />unit matrix is provided in Table 3 – Housing Summary. <br /> <br />The project will incorporate sustainable features and activities into building construction, <br />cleanup, and water usage whenever feasible. A stormwater management collection and <br />treatment system is proposed through a system of curbing, catch basins, underground <br />conveyance, ponding, and bio-retention. This includes traditional at-grade ponds and below <br />grade bio-filtration systems. <br /> <br />The Village was the primary interested party and conducted market analysis in order to <br />determine that the property be used residentially after development. The property is currently <br />zoned R-1 Single Family Residential and will be rezoned to Planned Unit Development to <br />accommodate a more flexible, creative, and efficient approach to land use. Preliminary approval <br />for the project was granted by the City on March 27, 2018. <br /> <br />The community will derive benefit from the redevelopment because it will provide a large <br />amount of quality, high-density housing to an in-demand and livable area of the City. Prior to <br />acquisition of the property and demolition, the property supported a blighted mobile home <br />park with ageing structures spread inefficiently across 15 acres. By redeveloping and <br />remediating the property, there will be vastly more housing available and the housing will be <br />free of possible influence from soil, soil vapor and groundwater contamination and therefore <br />safer for residents. This redevelopment will also create a significant tax base increase and create <br />jobs at the property. <br /> <br />The density proposed meets the Comprehensive Plan guidance for Multi-Family Residential <br />properties, and the redevelopment is consistent with the City’s housing goals, which are to <br />achieve the housing goals of the Metropolitan Land Planning Act and Livable Communities Act, <br />to expand housing choices within the City, and integrate new development into existing <br />neighborhoods (as found in their 2008 Comprehensive Plan). <br /> <br />Redevelopment plans are attached. <br /> <br />84
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