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October 26, 2021 <br />Page 2 <br />Staff believes that the flexibility requested under the PUD is appropriate, given the objectives of <br />the Comprehensive Plan and the related improvements and amenities proposed as part of the <br />project. Staff is recommending approval of the Final Plan stage of the PUD for Bremer Bank at <br />2654 Kenzie Terrace and Interstate Development at 2410 Lowry Avenue NE, incorporating the <br />transfer of 2534 Kenzie Terrace to the City. <br />The standard of review for Final Plan PUD is whether the applicant has satisfied the conditions <br />attached to the Preliminary Plan PUD approval. Staff comment is provided for each of the <br />conditions, which are separated by the applicable site, and some of which are listed with both <br />project sites as they apply generally to the PUD. <br />GENERAL INFORMATION <br />Applicant:Interstate Development, Bremer Bank <br />Owner:Bremer Bank, City of St. Anthony Village <br />Location:2401 Lowry Avenue NE, 2654 and 2534 Kenzie Terrace; <br />Existing Land Uses Commercial (Existing Bank) <br />Vacant (Former Bowling Alley Site) <br />Vacant (Bremer-owned “triangle” property) <br />Zoning:C, Commercial <br />Deadline for Agency Application Complete Date: October 5 , 2021 <br />Action:60 Days: December 4, 2021 <br />Letter Sent:NA <br />120 Days:February 2, 2022 <br />1.Background <br />Project Description. The applicants are seeking a 3-parcel PUD proposal that would include <br />two parcels owned by Bremer Bank (the existing bank site and a vacant remnant parcel <br />across Kenzie Terrace from the bank), and the City’s parcel, usually known as the “old <br />bowling alley” site. Interstate proposes a 76-unit multiple-family residential facility on the <br />main Bremer Bank property, a relocation of the Bremer Bank facility to the City parcel, and <br />a grant to the City of the remnant Bremer property for use as (in part) an entrance element <br />for the community. The project is proposed to be developed in two phases. First phase <br />would consist of construction of the new bank facility at 2654 Kenzie. The second phase <br />would then be construction of the apartment project at 2401 Lowry, once Bremer has <br />relocated to the new building.