Laserfiche WebLink
<br />Following the public hearing, the Planning Commission voted unanimously to recommend <br />approval of the Preliminary and Final Plat for Silver Lake Village 3rd Addition, with staff <br />conditions. <br />GENERAL INFORMATION <br />Applicant: Doran SLV, LLC <br />Owner: Doran SLV, LLC <br />Location: 3800 Silver Lake Road <br />Existing Land Use Vacant Retail Building and Parking Lot (currently being demolished) <br /> <br />Zoning: PUD, Silver Lake Village PUD <br /> <br />Surrounding Land North: Retail Commercial zoned Silver Lake Village PUD <br /> <br />Use / Zoning: East: Retail Pad Sites – Coffee Shop/Gas Station zoned PUD <br /> South: Railroad, then Commercial/Industrial zoned L-I, Light Industrial <br />West: Multiple Family Residential zoned PUD <br /> <br />Deadline for Agency Application Complete Date: April 6, 2020 <br />Action: 120 Days: August 4, 2020 <br /> <br />ANALYSIS <br />1. Background <br />In December of 2019, the City Council adopted an amendment to the Silver Lake Village <br />Planned Unit Development zoning district approving the redevelopment of the Walmart site <br />as a 496 unit multiple family residential project. The applicant proposed a two-phase <br />multiple family residential project, including a community building and significant site <br />improvements. At the time of the PUD approval, the developer anticipated development on <br />the existing single parcel, legally described as Lot 2, Silver Lake Village. The PUD also <br />included the Salo Pond open space, Outlot B of Silver Lake Village. <br />The development parcels in question are shown on the zoning map below, and are 13 acres <br />in total area. <br />Subsequent to that approval, the applicant has decided to seek a subdivision of the parcel <br />to separate the first phase (which includes the north building of 258 units and the <br />community building, along with associated underground and surface parking) from the <br />second phase, which includes the south building of 238 units, along with additional parking <br />and site improvements. <br />Such subdivisions of multi-phase projects are not uncommon, and often undertaken to <br />separate financing of current construction from future aspects of the project. The applicant <br />is not proposing any long-term changes to the approved PUD, and the terms of the PUD <br />would continue to apply to both phases and parcels. <br />18