2017.03.22 Parks Packet - Laserfiche WebLink

Home

March 8, 2017 Shayla Denaway City of Hugo 14669 Fitzgerald Avenue N Hugo, MN 55038 Re: Adelaide Landing – Park Proposal Dear Shayla, As follow-up from our discussions with staff, The Excelsior Group submits this proposal related to park dedication for Adelaide Landing. It is understood that park dedication for new development can be achieved in one of two ways: land dedication (10% of net developable area) or a fee in lieu of land ($2,400 per unit). With a net developable area of 146.2 acres, 14.6 acres of park land dedication is required. Per the attached Park Exhibit, the total outlot area dedicated for park or public use is 35 acres. This encompasses wetland, ponding and trails which will offer a unique experience with not only opportunities for active play, but also connections to the natural environment. Of this larger parcel, 7.8 acres will be specifically dedicated for park land credit or approximately 53% of the City requirement. Therefore, the remaining requirement will be paid in cash: 47% of $2,400 or $1,128 per unit. With 312 units in the neighborhood, the total cash dedication would be $351,936. Under the PUD Zoning Code, flexibility is being requested for reduced road widths, setbacks and lot sizing to create a neighborhood with an enhanced overall design. In exchange for flexibility from the standard R-3 zoning ordinance, wetlands and wooded areas are preserved, a variety of housing styles are created and landscaping standards are exceeded. Most notably related to Parks is the extensive trail system; 8,000 lineal feet (1.5 miles) of trails and boardwalks are proposed to be constructed throughout the neighborhood. These will provide connections to the much-needed neighborhood park for Adelaide Landing and the surrounding community. The Excelsior Group, LLC  1660 Highway 100 South, Suite 400, St. Louis Park, MN 55416 952-525-3200  ExcelsiorLLC.com  Info@ExcelsiorLLC.com