Summary:
The attached ordinance will rezone the 3.43 acre property from AC-1/T/W/SP/AR, O-1/T/W/SP/AR and, R-2A/T/W/SP/AR to PD/T/W/SP/AR. The subject property consists of the block located north of W. Princeton St., south of W. Smith St., and east of Edgewater Dr. The proposed Planned Development (PD) will allow a partially 6-story, 226 unit multi-family development and 44,518 sq. ft. of commercial use.
This PD will be subject to the standards of AC-1/T/SP except commercial uses are prohibited outside of the T6 transect area. The proposed PD also includes a density bonus of 26 du/ac allowing a total density of 66 du/ac where 40 is the maximum allowed by the AC-1 zoning district.
Previous actions regarding this application are as follows:
· June 17, 2014- MPB recommended approval of the subject PD rezoning (ZON2014-00013 and associated Growth Management Plan amendment to change the entire site to the Community Activity Center designation and for the creation of a new subarea policy S.4.7 (GMP2014-00011 and GMP2014-00012).
· July 14, 2014- City Council accepted the meeting minutes of the June MPB hearing. |