Aaron Sedro of Environmental Investments is the property owner
Proposing a Mixed use on National & Overland
This is an update to the project.
The project is 50% larger than before after the developers purchased the unit next door (10604 National Blvd., which is zoned as R3).
There will be 2 levels of Underground Parking, with 2 parking spaces per unit; since there will be 29 units total, 58 parking spaces will be created. Because of the planned 3,000 commercial square footage, 12 additional spaces are required (4 spaces are required of each 1,000 square footage of commercial space). The final planned total of 86 parking spaces is therefore in excess of what is required.
The residential units will be 1,000-1,200 square feet per unit, and would attract single individuals who were looking for lofts to live in.
Retail space use was not confirmed, but the developers were looking for small office-type businesses (such as architectural, real estate or artist offices) rather than high-impact retail businesses (such as restaurants) would exist therethe latter requires more parking. Mixed-use zoning will only allow for certain business uses. Parking access for the retail businesses would be predominantly from National Place.
The alley will be widened from its current 10 feet currently to 20 feet, and will be the best access for residents (whose parking will be gated) to arrive from the south. We are not sure how this would be done, since existing apartments and a sidewalk are on the southeast side. The Bus Stop wont be changed at all.
Marie Wallace asked what the price of the units would be, Aaron indicated $500K - $600K at todays value (more for the top-floor penthouse units), and the units would not be ready for 2 years. They initially indicated that they we not looking for any variances at all, but indicated that they were looking to change the zone from C31V1 to RAS 3. Marie Wallace indicated that traffic is backed up in both directions at that intersection..
No mention of traffic improvement or mitigation plan or the impact, other than they have worked with DOT to do traffic studies but could not provide a report. It was thought that traffic impact would be improved from the old Arco station that previously existed there, in light of the high volume that previously accessed that station.
There will be four levels to the project, with a height of 50 feet, with the ground level recessed away from the street to enhance pedestrian activity. The highest level will be similarly drawn back by 6 feet to form a terrace for the penthouses on the top floor and to decrease visual impact on the surrounding community.
Currently, C21VL has a height limitation of 45 feet, and the desired zoning change to RAS 3 (mixed-use) allows for the higher development asked for by the developers.
Members of the committee indicated that there was a lot of information and issues that were not finalized or resolved, and were not ready to support or to reject the project.
A Motion to therefore defer the project to the Transportation/Infrastructure Committee was made by Steve Wallace (seconded by Curt Steindler), to devote 15 minutes at the next UP/LU Committee Meeting to discuss the planning issues brought up by Sharon Cummins, Marie Wallace and others, and to contact Bill Scheding regarding transportation since most of the issues surrounding the project were traffic issues. The motion passed 10-0-0.