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SUBD10-1 Marketplace & Main TownhomesSupporting Documents ' • Analysis of Issues • Preliminary /Final Plat Resolution RZ10 -5 PRELIMINARY /FINAL PLAT- MARKETPLACE & MAIN TOWNHOMES Proposed Action Staff recommends the following motion: Move to adopt Resolution RZ10 -5 recommending approval of a preliminarplat for the Marketplace & Main Development townhomes. Overview Hopkins Honda moved to the former Knox site, and the relocation removed the entire Honda line from downtown Hopkins. The area occupied by Honda between Sixth , and Eighth Avenues is available for redevelopment and was purchased by The Cornerstone Group. In 2007 a preliminary /final plat and site plan were approved for The Cornerstone Group for a condo /townhome /retail development. The triangular area on the north side of Mainstreet between Sixth and Seventh Avenues was proposed to be townhomes. The site plan for the townhouse site expired after one year. Marketplace Holdings, Inc., (The Beard Group) has purchased the site, and is now asking for a replat and site plan approval for the townhouse site. Primary Issues to Consider • What is the zoning of the property, and how has the Comprehensive Plan designated the subject site? Do the lots meet the zoning requirements? What are the specifics of the plat? Does the proposed plat meet the subdivision requirements? Will a park dedication fee be required? Financial Impact: $ N/A Budgeted: Y/N Source: Related Documents (CIP, ERP, etc.): Notes: � r r SUBD10 -1 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, General Business. An overlay zoning of PUD was placed on this site. This PUD overlay zoning allows flexibility in the uses and site development. The Comprehensive Plan has designated this site as Commercial. The base zoning will remain. • Do the lots meet the zoning requirements? A lot in the B -3 district is required to have a minimum size of 3,000 square feet. The parcels have an overlay of PUD which allows flexibility in the zoning requirements. • What are the specifics of the plat? The lot will be divided into two blocks with one block having three lots and the other having four lots. Each townhome will own the land beneath the townhome. The common areas will be an outlot. • Does the proposed plat meet the subdivision requirements? The plat as proposed meets the subdivision requirements. • Will a park dedication fee be required? A park dedication fee will be required. The fee will be collected when the plat is submitted for signatures. The fee is $800 per unit. Alternatives 1. Recommend approval of the preliminary plat/final plat. By recommending approval of the preliminary /final plat, the City Council will consider a recommendation of approval. 2. Recommend denial of the preliminary /final plat. By recommending denial of the preliminary /final plat, the City Council will consider a recommendation of denial. If the Planning Commission considers this alternative, findings will have to be identified that support this alternative. 3. Continue for further information. If the Planning Commission indicates that further information is needed, the item should be continued. KNOW ALL MEN BY 1)495_ P ENT5: That Morketplaoe Holdings. Ina of Minnesota. to wit Lot 1. Block 2, MARKETPLACE & MAIN, Hennepin County, MN. Hos caused the come to be surveyed and plotted an MARKETPLACE 1 and utility purposes as shown on the plat In witness whereof sold Marketplace Holdings. Inc.. a Minnesota come 2O_. 16161500 Mcaketplace Ho'dingo, Inc. By Ito STATE OF MINNESOTA COUNTY OF The foregoing instrument cos acknowledged before me this Notary Public. County. MLnneeota My Commission Expires I hereby codify that this plat of MARKETPLACE 700041.10ME5 A7011101 designated on the plot that all monuments depicted on the plat hi as of the dote on the surveyors certification am spoon and labeler by Inc or under my direct super Ision and that I am a duly Ibanea` e, / Ay Jay R. Hill. Land Surveyor Minnesota License No. 24552 STATE OF MINNESOTA COUNTY OF The foregoing surveyors certificate was acknowledged before me th'1 Notay Publlo, County, Minnesota My Commission Expires H070, 10, LCISI S TA 0 This plat of MARKETPLACE TOY,)H0MES ADDITION was approved and.,, 20.— If applicable. the vaitte received by the City or the preso&nd 30 day period has eloped n� o Subdivision 2. CI? =RCP- OF HO. By its Mayor By Its Clerk TAy7AYr6 MRMICES 0- 3ARTtdr90)' Hennepin County, Minnesota I hereby cs that taxes payable In 20_ and prior rare haw Jill Alverson, Hennepho County AudIor By R 9JR5Y D209011 Hennepin County, Minnesota Pursuant to MINN. STAT Soc. +471.565 (1969). this plat hos beer William P. Brown, Hennepin County Surveyor By_ R'CS I4AR 0 TITLES Hennepin County, Minnesota I hereby certify that the within plat of MARKETPLACE 300090020 of o'clock �A(. Michael H. Conniff, Registrar of MU. E COUNTY f He nepin County, Minnesota I hereby codify that the within plat of MARKETPLACE TOWNHOM21 at o'clock _M. Michael H. Conniff, County Recordor By 2.00 27.00 245.35 S87 °10'58" W Bearings shown era based on the South line of Lot 1, Block 2, Marketplace & Main, Hennepin County, Minnesota, according to the recorded plat thereof, is assumed to bear S 5710'58' 14. o — Denotes iron monument found O — Denotes 1/2 inch by 14 inch iron monument set and marked by R.LS. No. 24552 RT DOC. NO. CR DOC. NO. (SCALE 'IN Fi' P ) SHEET 1 OF 1 SNEEiiS