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HomeMy WebLinkAboutOLD TOWN NORTH SUNTERRACE TOWNHOMES - MAJOR AMEND./REPLAT - 16-09 - CORRESPONDENCE - CORRESPONDENCE-HEARING (5)We appreciate your consideration of our thoughts and comments. Should you have any questions, please feel free to any of the contributors listed below. Very Sincerely, Jennifer, Thomas and Ellis Hayes — 244 Pascal Street — 970-372-8966 Charles and Blake Ward — 257 Cajetan Street — 970-217-5193 Julie Yates, Eric Brown and Akasha Brown — 215 Cajetan Street — 970-219-9613 Jim, Teresa, Ben and Max Beal--269 Cajetan Street - 970-631-8696 Attention: Pete Wray Hearing Officer 281 N. College Ave., Fort Collins, CO 80524 Dear City of Fort Collins, AEc- 4 f}-uc. 13 o2Qo9 Thank you for the opportunity to learn about and provide comment on the proposed development amendment to the western lots in Old Town North (SunTerrace). As homeowners and residents of Old Town North, we would like to state our comments and concerns regarding this development proposal and the Zoning & Planning Meeting held on Monday, August 10, 2009. 1. First and foremost, we support the continued growth and development of our neighborhood. 2. We appreciate and understand the "new urbanist" philosophy to include the development of mixed -use, walkable neighborhoods, containing a variety of homes ("product types") targeted at a range of income levels and demographics. 3. Our concerns about density and traffic were adequately addressed. 4. We support and welcome affordable housing candidates in our neighborhood*and feel the existing development plan and "product mix" adequately addresses goals for affordable housing. 5. We are not opposed to re -zoning the proposed blocks for the stated amount of higher density single-family attached units (24 in total), provided adequate off- street parking is provided for each unit. 6. We are extremely concerned about and opposed to the creation of a high -density, rental -only set of units for the following reasons: a. It appears that the decision to commit to long-term, rental -only units is a response to current, short-term economic conditions and is not in the best, long-term interests of the Old Town North community. b. The families represented by this letter purchased in Old Town North expecting to be part of a budding, connected community. Rentals do not create a sense of permanence or connectedness, but instead, create a transient neighborhood, since most renters do not possess a vested interest in seeing their community grow and thrive. c. Rental properties are often not properly maintained by renters or owners resulting in a potential decrease in property values and desirability of the Old Town North neighborhood by potential buyers. d. We are concerned that future prospective homebuyers will be less interested and less likely to purchase and/or build in a neighborhood dominated by rentals units. i. Of the 18 single family detached homes in the neighborhood six are currently rentals (33%). The Heschel Townhomes are currently at a 50% rental rate. We are unsure of the rental density of the North Flats Condos. ore -co HV 6. 3, a o09