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0 February 15, 2005 y, P K i N s Planning Report ZCRO5 -2
CONCEPT. REVIEW BLOCK 64
Proposed Action.
This is a concept review that requires no action. Any comments regarding the development
would be helpful to the applicant for further applications.
Overv
GPS Financial Properties, is proposing to redevelop the block north of Mainstreet and south of
First Street North between Fifth and Sixth Avenues. The entire block will be razed to construct
six buildings with 252 units for individuals 55 years and older. There will also be approximately
14,000 square feet of retail along Mainstreet. It is proposed there will be four buildings of 44
units and two buildings of 38 units. The residential buildings will be five stories.
The site is proposed to be rezoned to PUD to allow flexibility in the zoning requirements. The
underlying zoning of R -4 a nd B -3 will remain.
ill Primary Issues to Consider.
What is the zoning of the property, and how has the Comprehensive Plan
designated the subject site?
What are the preliminary specifics of the redevelopment?
What is the applicant's time line?
What are the items that will have to occur for this development to proceed?
Supporting Documents.
Analysis of issues
Preliminary site plan
Nancy Anderson, AICP
Planner
Financial Impact: N/A Budgeted: Y/N Source:
Related Documents (CIP, ERP, etc.):
ill Notes:
ZCR05 -2
Page 2
Primary Issues to Consider.
What is the zoning of the property, and how has the Comprehensive Plan
designated the subject site?
The zoning of the property is B -3 and R -4. The Comprehensive Plan has designated this site as
commercial and residential. The proposed development complies with both documents.
What are the preliminary specifics of the redevelopment?
Building
The applicant is proposing six residential buildings and two retail buildings.
Parking
The majority of the parking will be underground. There are proposed to be 352 parking spaces
underground. The site plan also indicates 26 parking spaces above ground. The residential
units require 504 parking spaces, and the retail requires 70 parking spaces. The ordinance
requires this site to have a total of 574 parking spaces. The site will have 378. The PUD zoning
allows some flexibility in zoning requirements. A parking and traffic study will have to be
completed for this development.
Access
Access to the site will be from two points on Sixth Avenue.
Setbacks
The preliminary plans have not detailed the setbacks. The development will be a PUD, which
allows for flexibility in zoning requirements.
Height
The residential buildings are proposed to be five stores.
Surrounding Uses
The site is surrounded by Hopkins Honda on the east, residential to the north, commercial to the
south and residential to the west.
What is the applicant's time line?
0 The applicant wants to start construction this year.
1
Y Y r
ZCR05 -2
Page 3
What are the items that will have to occur for this development to proceed?
The following are the items that will have to occur for this development to proceed:
Site Plan Review approval (this includes drainage, grading, etc.)
Rezoning to PUD
Replatting of the site
Completion of a traffic study
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