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Home My WebLink About05 02 2022 Preserve at Jeffers Pond Major PUD Amendment The Preserve at Jeffers Pond Prior Lake City Council May 2, 2022 1 Request Major PUD Amendment The Preserve at Jeffers Pond 197-unit, 4-story market rate apartment building OLB Jeffers Pond 1st Add. 3729 Fountain Hills Dr. NW 2 History Zoning: Planned Unit Development (PUD) Jeffers Pond PUD (2005) Mix of residential densities and commercial uses Low and medium density residential neighborhoods have been developed, as well as the streets, public park/trail system, elementary school, fire station, and one commercial development (Lil’ Explorers Daycare) is under construction Outlot B (vacant subject property) ± 9.28 acres OLC Jeffers Pond 1st Add. (vacant) ± 11.28 acres OLA Jeffers Corner 1st Add. (vacant) ± 7.4 acres 3 693 total units approved 345 Built to Date 2015 Ord. Amendment reduced total number of units to 663, but no less than 605 260 needed (318 target) If 197 units approved on OLB, minimum of 63 units remain Overview of Density 4 PUD Phasing Lil’ Exp. 5 Project Description The Preserve at Jeffers Pond 4-story market rate rental apartment 197 units 154 one bed 43 two bed Parking: 261 total stalls (209 underground) Site Area: 9.28 acres (±3.5 acres buildable) Access: Jeffers Parkway NW 6 Site Plan 7 Renderings 8 Elevations 9 Landscape Plan City Code requires one tree per 40’ of site perimeter Site perimeter is 1,837’ which requires 46 trees Landscaping plan incorporates 63 total trees: 29 overstory 26 coniferous 8 ornamentals 10 Parking City Code required parking (multi-family): 2 spaces/unit 197 X 2 = 394 stalls (2.0 stalls/unit) Proposed parking 209 underground 50 surface 261 total stalls (1.32 stalls/unit) Unit mix: 154 one bed 43 two bed 240 total beds (1.09 stalls/bed) 11 Public Hearing 4/25/22 PH Primary comments related to: Building height Traffic Need Building setback from SF residential 12 Building Height Building Height in R-3 = 4 stories or 45’ 43’ 6” to the roof/sheathing 45’ 9” to the top of the parapet wall 49’ 3” to roofline decorative feature Applewood Pointe height was 53’ and 58’ 11” to peak 13 Traffic Pioneer Engineering Trip Generation Comparison 14 Traffic 15 Traffic Traffic Analysis Study - Jeffers Parkway (2015) West Lane AADT 285 Peak Volume (15 min) 23 vehicles 85th percentile: 37.94 MPH East Lane AADT 428 Peak Volume (15 min) 18 vehicles 85th percentile: 33.53 MPH Traffic Analysis Study Jeffers Parkway – West of Shore Crest (2018) West Lane AADT 632 Peak Volume (15 min) 25 vehicles 85th percentile: 34.89 MPH East Lane AADT 355 Peak Volume (15 min) 14 vehicles 85th percentile: 36.12 MPH Lake Ridge Apartments (150) Grainwood Apartments (168) 16 Is there a need for multi-family rental units? Maxfield Research Housing Needs Assessment (2016) Projects 2017-2040 housing demand Draft update identifies a market rate rental demand of 824 units in PL between 2021 and 2040 PL apartment vacancy rate of 2% (Nov/Dec 2021) “Vacancy rates substantially less than 5% indicate a very tight rental market and that pent-up demand exists for additional rental units” Minimum density requirements for the overall Jeffers Pond PUD Original PUD anticipated 693 total housing units Densities reduced with individual phases and shifted to vacant parcels 8 residential neighborhoods have been developed to date Anticipated 579 units; only 345 units have been platted/built In 2015, PL and Met Council approved an amendment to allow 30 detached units (instead of 204) to be built on OLD Amendment reduced residential units from 693 (3.57 units/acre) to 663 (3.42 units/acre) Overall density shall be no less than 605 housing units (3.10 units/acre) Current “target” for remaining residential units is 318; may be higher City must ensure at least 260 additional residential units are added to meet the minimum density requirement 17 Building Setbacks (Front) 30’ or distance equal to building height Proposed 24’ 6” at SE corner of bldg. 18 Building Setbacks (Side) 15’ minimum on one side and 15’ + 1’ of building height in excess of 40’ on the other (24.5’) Larger side yard should abut R-2 Proposed 16’ 9” on north (±100’from CH42) and 27.5’ at SW corner South side yard setback approx. 85.5’ from the nearest residential home property line 19 Applewood Pointe The Preserve at Jeffers Pond 20 Applewood Pointe vs. Preserve at Jeffers Pond 21 Major PUD Amendment 9 Major Amendments have been approved for the Jeffers Pond development since PUD approval in 2005 Amendments to PUD’s are reviewed by criteria in Section 1132 of the Zoning Ordinance, including: Provides a flexible approach to development which is in harmony with the purpose and intent of the City’s Comprehensive Plan and Zoning Ordinance; More creative, efficient and effective use of land, open space and public facilities through mixing of land uses; Create a sense of place and provide more interaction among people; Increase transportation options, such as walking, biking, or bussing; Provide opportunities for life cycle housing to all ages; 22 Major PUD Amendment (cont’d) Provide more efficient and effective use of streets, utilities, and public facilities that support high quality land use development at a lesser cost; Preserves and enhances desirable site characteristics and open space, and protection of sensitive environmental features; Enhanced incorporation of recreational, public and open space components in the development which may be made more useable and be more suitably located; High quality of design compatible with surrounding land uses, including both existing and planned; 23 2015 LUP Amendment 318 residential units Commercial from 270,000 to 87,000 SF Lil’ Explorers +16,700 SF 70,300 SF Needed 24 10,000 SF 30,000 SF 41,000 SF 6,000 SF +16,700 SF City Council Concept Plan Review 24 Recommendation PC recommended approval of PUD Amendment (2-1) City Staff believes the PUD Amendment request complies with the originally approved Jeffers Pond PUD Plan by: Inclusion of high-density housing in original plan Res. 15-125 requires a minimum of 260 residential units on Outlot B & C Location on a principal arterial/highway corridor Proximity to educational and community amenities Existing and planned high density residential and commercial uses to the north and east 25 Questions / Comments Motion and Second to approve a resolution approving a Major Amendment to the Jeffers Pond Planned Unit Development Plan for the Preserve at Jeffers Pond on Outlot B, Jeffers Pond 1st Addition, and directing staff to prepare an ordinance for Council consideration to adopt the findings in the agenda report which are consistent with the PUD criteria in Section 1132 of the Zoning Ordinance. 26 27 28 Impervious Surface 29 Existing Conditions 30 31