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City Council Regular Meeting Minutes <br />March 27, 2018 <br />Page 5 <br />1 Bank site. On October 10, 2017, the City Council denied the request and adopted a resolution <br />2 outlining their stated reasons. <br />4 On December 22, 2017, The Village, LLC submitted new applications and requests for a <br />5 preliminary PUD plan/rezoning, a preliminary plat, and a comprehensive plan amendment for the <br />6 site. Their submission was deemed incomplete at that time, due to changes in the status of the <br />7 purchase agreement for the Bremer property, and The Village, LLC was properly informed of <br />8 this. <br />9 <br />10 On January 26, 2018, The Village, LLC submitted a revised plan for preliminary plat and <br />11 preliminary PUD development plan for the site that excluded the Bremer Bank site. The <br />12 application was deemed complete by the City and is the subject of this report. <br />13 <br />14 The Planning Commission held a public hearing on February 26, 2018, took public testimony on <br />15 the revised plan, reviewed the proposal, and recommended, 7 to 0, to approve the preliminary <br />16 plat and preliminary PUD development plan, subject to the conditions in the staff report, and <br />17 adding a condition to evaluate the intersection at 27`h Avenue. The Planning Commission also <br />18 approved, 7 to 0, a supplemental motion recommending that the City Council strongly consider <br />19 tying financial tax incentives for this development to affordable housing and requiring that <br />20 housing being included for families and in each building within the development. <br />21 <br />22 Ms. Rothstein provided a summary of the requests with their land use application for the <br />23 redevelopment plan for 2501 Lowry Avenue: Planned Unit Development (PUD) preliminary <br />24 development plan review and Re- Zoning Request and Preliminary Plat review for their re- <br />25 development plan for 2501 Lowry Avenue. <br />26 <br />27 The preliminary plat and PUD preliminary development submittal proposes a residential <br />28 redevelopment that includes several housing types and styles: independent senior rental housing; <br />29 assisted living senior housing; and general occupancy rental housing. There is a total of 430 <br />30 housing units proposed on the site, comprised of three buildings of multifamily housing. While <br />31 the floor plans currently show 414 units, the developer is requesting authorization to reconfigure <br />32 the floor plans and unit sizes and number within the current building footprints proposed in order <br />33 to increase the number of proposed units up to a hard cap of 430 units. The reconfiguration <br />34 would result in 28 units per acre. This is consistent with the Comprehensive Plan in the zoning <br />35 district. <br />36 <br />37 The independent senior building (Building A) is proposed to include approximately 61 studio, 1- <br />38 bedroom and 2- bedroom units and to be 45.5 feet in height. Building B, consisting of assisted <br />39 living senior housing, is proposed to have approximately 128 units, which range in size from <br />40 very small, memory care units to larger 2- bedroom units. This building is proposed to be 45.5 <br />41 feet in height. The general occupancy rental building (Building C) is proposed to have a mix of <br />42 studio (approximately 77), 1- bedroom (100 units), 2- bedroom (36) and 3- bedroom (12) units. <br />43 Building C is proposed to be 44 feet in height. These exact breakdowns are subject to change, <br />44 based on final market studies and plans. <br />45 <br />