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HomeMy WebLinkAboutCorrespondence/D 227 P";R-3-fU 0: 30 Ac'> DATE: November 18, 2010 TO: Honorable Mayor Berry, City Council Members THROUGH: Bob Cowell, Dir. Planning & Development Services FROM: Jane Kee, IPS Group representing JP Miles Construction RE: Revised PDD Request - 300 Holleman Drive on behalf of the owner of the above referenced property, this memorandum is submitted to indicate that this application is being revised to reflect a compromise considered by the Planning & Zoning Commission.* The Commission voted 5-1 in favor of this compromise which differs from what is approved only in that the non-residential space can be phased over time. The project will include 34 residential units (60 bedrooms) in three separate buildings ranging in height from 2-3 stories and 1,000 square feet of non-residential space facing Holleman. Another 3,000 square feet of first floor living space will be constructed to commercial standards for future conversion to non-residential space if the market supports such a conversion, up to a project total of 4,000 square feet. All current meritorious modifications are included. The current PDD approved several months ago, calls for a multi -family development with 4,000 square feet of non-residential lease space, resulting in a mixed use project. The most recent request under consideration was to remove all non-residentiai space and develop a 100% multi -family project. Just prior to P&Z, I indicated that my client would like to modify his request to retain the non-residential aspect, but to develop just 1,000 square feet initially. My client understood that the existing PDD included meritorious modifications because of the mixed use character of the project; that being the non-residential space associated with the apartment project. Without the meritorious modifications, only a low density residential project is feasible on this small site and that has already been denied by the City and does not comply with the current IPS GROUP 591 University Drive E. Suite 2015, College Station, Texas 77840 979.846.9259 89 Comprehensive Plan. Knowing that the city would not feel justified in allowing the modifications without a non-residential component, the compromise offered was to allow a lesser non-residential component initially, with construction that would allow for future conversion from residential to non- residential space, if and when the market supported that conversion, up to the original 4,000 square feet. Specifically, the proposal is to require 1,000 square feet of non-residential on the first floor of the front building. As indicated at P&Z, the reason for this request is that not only is decent financing almost impossible to obtain for a mixed use project, but the market is not supporting the lease of non- residential space at this location, particularly retail space. But in a good faith effort to develop at least some non-residential component, the plan is to begin with the 1,000 square feet and allow up to 4,000 square feet in the future If conversion becomes economically feasible. 1-will present -more detail at the Council meeting after'the staff -presentation and -will be glad to -answer - any questions, you may have. Thank you for your time and consideration. w Both Mr. Cowell and the legal staff at P&Z indicated that notification issues were covered, due to the nature of the compromise relative to the existing PDD zoning and the advertized PDD request. IPS GROUP 517E University Drive E. Suite 205, College Station, Texas 77846 9 99,846.9 559 IN