Title
Consider public testimony regarding and an ordinance amending the Planned Unit Development (PUD) No. 70 zoning district to allow multi-family use in areas previously designated for commercial, office or restaurant only. (First Reading*)
Body
Planned Unit Development (PUD) No. 70 was approved in 2006. It allowed for a maximum of 360 multi-family units, with a requirement that 10% of the floor space be developed as office, restaurant or general commercial uses. The ground floor space reserved for the non-residential uses remained unoccupied until the PUD was amended in July of 2011 to convert approximately 46,000 square feet to 60 multi-family units, retaining approximately 14,000 square feet (the corner units) for office, restaurant or commercial uses. The building owner reports that despite repeated efforts to lease the space, potential tenants and brokers report that the space is not desirable for office, restaurant or commercial uses. At the same time, the multi-family units on the site have remained 98% leased and the owner is confident that the remaining portion of the building would also be successful as multi-family lease space, providing another 15-20 apartments.
The proposed PUD amendment would remove the requirement that 6,601 square feet in Building A and 7,385 square feet in Building B, a total of approximately 14,000 square feet, be developed for office, restaurant or general commercial uses and amend the maximum number of residential units from 420 to 440. The provision allowing up to 10% of the building to be developed for office, restaurant or general commercial uses would remain.
Recommended Action
The Planning and Zoning Commission voted 7-0 to recommend approval of the amendment to PUD No. 70. It is apparent to staff that the space is not conducive to non-residential users. The area has been vacant for nearly five years. While the initial vision for this property was a mixed-use concept, this amendment will allow for the crea...
Click here for full text