Title
Resolution to Approve 721 South Forest PUD Site Plan and Development Agreement, 721 South Forest (CPC Recommendation: Approval - 6 Yeas and 2 Nays)
Memorandum
Approval of this resolution will allow for the construction of a residential building containing 228 apartments units.
Petition Summary:
* The Site Plan proposes the development of a 12-story residential building with 228 units and a total of 733 bedrooms. The units will be a mix of studio and one through six bedrooms. The entire site will have a Floor Area Ratio (FAR) of 649%, compliant with the proposed PUD regulations which allow up to 650% FAR.
* The ground floor will contain residential amenities and an enclosed bicycle room for 62 bicycles, there will also be two electric bicycle charging stations. An additional 135 bicycle parking spaces will be provided in an enclosed area in the lower-level parking garage. PUD Supplemental regulations permit a maximum 5,000 square feet of retail sales or services on the ground floor.
* The building will have a below grade parking structure for 90 vehicles and 8 additional parking spaces will be provided at ground level toward the rear of the building. All parking will be accessed from a two curb cuts with a circular loading/delivery drive in front of the building.
* The Petitioner will widen the public sidewalk by paving within the ROW from the existing sidewalk line to the curb from the site north to Forest Court. This ROW treatment will reflect what is currently on the opposite side of Forest Street.
* The proposed site plan contains the following sustainability features required per the proposed PUD regulations:
o LEED Standards. Development of the Project will contribute to the City's goal of achieving carbon neutrality (A2Zero). The structure to be located on the Property will be constructed and developed in accordance with LEED Silver standards.
o Thermal Bridge Free Exterior. Key tenants of passive house principles are continuous insul...
Click here for full text