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26 February 6, 2013 Page 2 GENERAL INFORMATION Applicant: BKV Group on Behalf of St. Anthony Leased housing Associates 11, LLC Owner: Housing and Redevelopment Authority of the City of St. Anthony Village and Apache Redevelopment LLC Location: 2500 38°i Avenue NE Existing Land Use / High Density Residential/zoned: PUD Zoning: Surrounding Land North: High Density Residential; zoned PUD Use / Zoning: East: High Density Residential; zoned PUD South: High Density Residential; zoned PUD West: Commercial; zoned PUD Future Land Use: High Density Residential Deadline for Agency Application Date: 01-04-13 Action: 60 Days: 03-05-13 Letter Sent: N/A 120 Days: 05-04-13 CONSIDERATIONS RELATING TO THE PROPOSED SITE PLAN APPROVAL 1. Background In 2000, the City of St. Anthony Village began to proactively pursue a planning process for the redevelopment of the "Northwest Quadrant" of the City, an area of approximately 250 acres extending from Silver Lane on the north, Silver Lake Road on the east, the railroad tracks north of 37°1 Avenue on the south and Stinson Boulevard on the west. The city appointed a twenty-six member project steering committee comprised of local residents to meet regularly with the city and its planning consultants and provide input and direction to the process. In July 2001, the City adopted the Northwest Quadrant Redevelopment Plan for the entire 250 acres that incorporated a number of planning goals. The Plan included a Master Framework Plan to illustrate the overall vision for redevelopment of the area and to provide acceptable site planning and design principles and standards to guide the design of all features of the site and create a consistent character for the site that would be compatible with surrounding development. A development team created the Village at St. Anthony Preliminary Development Plan for the area with the guidance of the Northwest Quadrant Master Framework Plan and complied with the guiding principles. In September of 2003, the City approved the Preliminary and Final Development Plans associated with the approved Village at St. Anthony Planned Unit Development (PUD). Since that time, development within the Village at St. Anthony PUD area has occurred and Redevelopment Agreements have been approved for subsequent development within the overall master plan. 'Phese agreements have been amended from time to time and modifications to project commencement deadlines have been updated accordingly. The proposed "Senior Landings" project would continue the development process within the PUD as part of the "Redevelopment Project Area Phase III" of the Northwest Quadrant Redevelopment Project. A major component of the overall Redevelopment Plan for the Northwest Quadrant Area was to redevelop blighted areas, prevent the emergence of blight, and foster an increase in commercial development providing jobs, create new rental housing, particularly low and moderate income rental housing, and create new for sale housing appropriate for various life stages of the City's residents and not currently available in the City. Over the past two years, the City, the HRA, and the developer have been working on a redevelopment plan for the property located at 2500 38°i Avenue NE. With the construction of a proposed 172 unit