RES 21-067 APPROVING A REQUEST FOR A PRELIM PLAN STAGE PUD FOR THE INTERSTATE /BREMER BANK/SAV INCUDING A COMMERCIAL BANK FACILITY OF APPROX 6,000 SQ FT A MULTI-FAMILY RESIDENTIAL PROJECT OF UP TO 76 SWELLING UNITS AND LAND TRANSFERS NECESSARY TO ACCOMMO

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CITY OF SAINT ANTHONY VILLAGE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO.21-067 A RESOLUTION APPROVING A REQUEST FOR A PRELIMINARY PLAN STAGE PUD, FOR THE INTERSTATEBREMER BANK/CITY OF ST. ANTHONY VILLAGE, INCLUDING A COMMERCIAL BANK FACILITY OF APPROXIMATELY 6,000 SQUARE FEET, A MULTI -FAMILY RESIDENTIAL PROJECT OF UP TO 76 DWELLING UNITS, AND LAND TRANSFERS NECESSARY TO ACCOMMODATE THE PROPOSED PROJECT AT 2401 LOWRY AVENUE NE, 2654 KENZIE TERRACE, AND 2534 KENZIE TERRACE WHEREAS, the City of St. Anthony Village received a request from Interstate Development for a multi -parcel PUD, redeveloping the subject sites to (1) a commercial bank facility, (2) a multiple family residential development of up to 76 dwelling units, and land transfers between Bremer Bank and the City of St. Anthony Village at 2401 Lowry Avenue NE, 2654 Kenzie Terrace, and 2534 Kenzie Terrace; and WHEREAS, the property consists of 4 separate parcels of approximately 3 acres and is located along the east boundary of Stinson Parkway and along Kenzie Terrace; and WHEREAS, the properties are currently zoned C, Commercial; and WHEREAS, the project would be consistent with the St. Anthony 2040 Comprehensive Plan related to the conversion of this property to the mixed uses proposed, including commercial and multiple family residential use; and WHEREAS, the density of the proposed residential portion of the project at 40 units per acre is consistent with the Comprehensive Plan density range for such use; and WHEREAS, the Planning Commission has considered all of the comments and the staff report, which are incorporated by reference into the resolution; and WHEREAS, the Planning Commission held a public hearing on August 17, 2021 on the application and the applicant and members of the public were provided the opportunity to present information to the Planning Commission; and WHEREAS, the Planning Commission recommended approval of the Preliminary Plan PUD with the conditions noted in the Staff report, and as identified below; and WHEREAS, the City Council makes the following findings of fact in support of the resolution for approval: 1. The properties are located in an area of mixed commercial and residential use. 2. The proposed improvements to the properties are consistent with the character of the neighborhood in which the project is located.