HomeMy WebLinkAboutPRESIDIO APARTMENTS - PDP - 25-09 - MINUTES/NOTES - CORRESPONDENCE-NEIGHBORHOOD MEETINGyou considered sinking one-half a story to create a garden level? You
need to think about a creative solution to make a sensible transition for
our neighborhood.
36. 1 would like to see a Landscape Plan.
A. We have not prepared a Landscape Plan at this time but it is a
work in progress and a submittal requirement of the City.
37. When would you expect to break ground?
A. We estimate that ground -breaking could be in July of 2009.
38. Then how long would it take to build -out the project?
A. We anticipate that it would take about 16 to 18 months to build
out but that depends on the winter weather. Please note that
the project will not be phased in over time. Instead, when we
start construction, we intend to build all the buildings with the
same construction crew from start to finish.
39. Was Village Homes invited to this meeting?
A. Response from City Planner: After checking the notification
mailing list, yes, Village Homes received notice of this meeting.
s
30. What about the impact on schools? Schools in this area are over-
crowded.
A. Response from City Planner: After the meeting, I checked with
Ed Holder of the Poudre School District. For multi -family
projects greater than five dwelling units, here is the formula for
estimating the number of new students:
Elementary School 0.175 students x 240 = 42
Middle School 0.05 students x 240 = 12
High School 0.045 students x 240 = 11
---------------
Total = 65
The Poudre School District impact fee is $1,800 per unit. For 240
units, the total fee would be $432,000. This fee is payable at the time
of building permit issuance.
31. Is it possible that students from this project would have to be bussed
outside the neighborhood due to existing capacity at the neighborhood
schools?
A. Yes, we are told by the Poudre School District that bussing is
always a possibility to fill the out -of -neighborhood schools that
have available capacity.
32. There is a transient quality to renters that is not a positive impact on
our neighborhood.
A. We believe our tenants, while younger, are as generally well-
behaved as the larger population. As we mentioned, we are
owner -operators and we can control for noise, partying, littering,
etc.
33. How committed are you to long term ownership?
A. We generally sell our projects after 8 to 10 years of completion
after they are fully depreciated.
34. 1 live two blocks away and will have a direct line of sight. I oppose the
three story aspect of this project and I believe that renters will bring an
increase of crime into our neighborhood.
35. 1 like the parking located internal to the site. But, at the same time, the
three-story buildings being brought out to the street seems imposing.
These buildings definitely need some variety height and mass. Have
22. 1 am concerned about the overall ambiance of our neighborhood.
Several folks have mentioned property values but I take a slightly
different approach. Our homes are not just a financial investment. Our
homes represent a quality of life at the neighborhood level. I see your
project as having negative impact on how we experience our everyday
lives.
23. 1 don't see you tenants participating in our local activities or our local
schools.
24. You need to think about upgrading the architecture of the buildings.
The three-story appearance needs to be softened so as not to appear
so abrupt compared to our neighborhood.
25. 1 agree. You need to consider adding more variety, more shadow lines
and multiple roof lines so the buildings don't look so boxy. The mass
needs to be broken down with more detail.
26. Could you add more Craftsman -like details to blend in with
Observatory Village?
27. Where have you developed, owned and operated other similar
projects? I would like to inspect a completed project.
A. We have projects in Arvada, near Park Meadows Mall and near
Flatiron Mall. We can provide you with addresses.
28. Will Cinquefoil go north to Harmony Road?
A. Yes, it will intersect with Harmony Road to form a tee
intersection. The traffic movements will be restricted to right-
in/right-out only. There will not be a traffic signal at this
intersection.
29. 1 have been listening to the comments. I echo most of the concerns
and here is my summary:
• Concern about our property values.
Too much population / density for our neighborhood.
Three stories is too radical a transition.
Prefer two story and ownership versus rental.
Serious concern about crime.
Concern about operations and long term maintenance.
• Concern about impact on. our neighborhood ambiance.
6
A. No, because we do not offer a three -bedroom unit and we do
not provide private yards. For these reasons, we do not expect
families.
18. 1 am concerned about your access onto Rock Creek Drive. There are
a number of schools in our neighborhood and yet your project will bring
in a population that is not family -oriented. I am concerned about all the
extra traffic on our streets as kids walk or ride their bikes to school. All
this extra traffic will be hazardous to our school kids.
A. Yes, there will more traffic associated with our project but the
surrounding streets have the available capacity to handle the
extra cars. Lady Moon Drive, Rock Creek Drive and Cinquefoil
Lane are all classified by the City as collector streets. These
streets are designed to carry traffic from neighborhoods out to
the arterial network.
19. 1 remain concerned about renters not contributing or participating in our
neighborhood.
A. Our tenant mix is about 60% single and 40& married. Our
experience is that our tenants will also take pride in the
neighborhood to the same extent as the homeowners. We
conduct background checks on prospective tenants to verify
financial capability and to learn about any criminal history. As
an owner -operator, we can control conduct. Unacceptable
behavior is a lease violation and grounds for eviction. We
believe that renters are a good mix for any neighborhood.
20. 1 echo the concern about increased traffic.
A. The City will require a Transportation Impact Study at the time
we submit our project into the review process. This study will
estimate the number of trips based on the number of units and
describe the distribution pattern of the traffic. There are multiple
opportunities to shed our traffic into different directions so we do
not load up any on particular intersection during peak times.
For example, traffic can go west to Lady Moon to Harmony or
go east to Strauss Cabin Road.
21. 1 am concerned about our property values.
A. Our projects are all well -maintained with a full-time staff. We
are as interested in preserving our property values as you.
5
A. If we reduced all the buildings to two-story, then the density
would be reduced to about 10 — 12 dwelling units per acre. This
would essentially have the effect of making this a townhome
project with units being for sale versus being for rent. Reducing
the density as you suggest would make an apartment project
infeasible.
13. 1 am concerned about the overall aesthetics of the project. The
buildings appear to be repetitious. The project would benefit from
greater building variety and an upgrade to the architectural character. I
see lots of room for improvement from a design standpoint.
A. Thank you for this comment. Our building design is by no
means final at this point. We are still in the design phase and
buildings can be modified.
14. What happened to the houses that were on Lady Moon Drive?
A. These houses were deconstructed by the Craftsman
Foundation. Materials that could be recycled were saved. This
effort provided an opportunity for young people starting out in
the trades to gain some experience. And, we were able to
reduce the amount of waste at the landfill.
15. 1 am not too jazzed about three-story buildings and a high number of
renters in my neighborhood. I would prefer ownership housing such as
townhomes or condos. Two-story buildings make more sense for our
neighborhood. I also worry about the higher crime rates associated
with rental housing. My experience with rental housing is that there will
be lots of car break-ins to steal car stereos.
A. Our projects all have a staff that lives onsite. We have a full
time maintenance and leasing staff that will live in our units. We
will have the ability to provide security and any incidents can be
reported to our staff immediately.
16. What do you mean by "high -end?"
A. Our lowest rent will be approximately $1,020 for a one -bedroom
unit that is roughly 725 — 790 square feet in size. Typically, an
income of $38,000 is usually required by a tenant for this level
of rent.
17. Are you expecting families?
4
review and approval by the Planning and Zoning Board. We are
not seeking a zoning change. Three stories are an allowable
height. Our density of 18 dwelling units per acre is roughly
similar to Settlers Creek that is under construction on J.F.K.
Parkway, just north of Home Depot.
8. Our neighborhood is family -oriented because of the nearby schools.
Bringing in over 300 renters will upset the ambiance and quality of life
in our neighborhood. Our property values will likely go down due to an
apartment project of this magnitude.
A. Our renters will not disrupt your neighborhood. Typically, our
customers are between 24 and 34 years old and gainfully
employed. They have been dubbed Generation Y and are
characterized by being mobile and trying out various
employment opportunities as they begin their professional
careers. We see a need to provide rental housing for this
demographic until they are financially established and can
purchase a home whether it be a house, townhome or condo. It
very well could be that they are as attracted to this
neighborhood as you are and could become future home
buyers.
9. Will you be competing with Settlers Creek?
A. Obviously, Settlers Creek is ahead of us but they offer a
different program. For example, their lease rates are slightly
lower than ours and their amenity package is not as extensive
as ours.
10. 1 am opposed to the density and mass of buildings.
11. What is your mix between one and two bedroom units?
A. The exact mix has not been finalized. We expect the mix to be
in the area of 55% one -bedroom and 45% two -bedroom units.
This could be adjusted to a 50% - 50% mix as we work through
our market analysis.
12. 1 recognize that multi -family, as a land use, represents an appropriate
buffer from the more intense uses (light industrial, office, etc.) planned
for the Harmony Technology Park. But, at the same time, I am
concerned about the height and mass of the project. My preference is
that you reduce the scope of the project to two story buildings instead
of three. Would this be possible?
3
A. No, the swale is temporary. At the time of development, this swale will
be put into a culvert so a bridge will not be necessary.
3. What about on -street parking along Rock Creek Drive?
A. Our project is required to provide 1.5 spaces per one bedroom unit and
1.75 spaces per two bedroom unit. We will exceed these minimum
parking requirements and provide all of our parking on our property.
We will not depend on parallel parking spaces along Rock Creek Drive
to comply with the City's parking code. Now, having said that, keep in
mind that Rock Creek Drive is a public street that allows public parking
but right now we are providing 404 parking spaces on our site.
4. What is the extra parking for?
A. We will provide extra parking for leasing activity and guests.
5. The apartment vacancy rate in Fort Collins is high. Why are you
developing this site at this time?
A. We are developing because we think the vacancy rates in Fort Collins,
for the upper -end rental market, is favorable. Our analysis indicates
that apartments at the upper -end are 90% occupied. With the number
of retail jobs generated by Front Range Village, along with the major
employers in the Harmony Corridor, there is a rental market for
housing to be served.
6. Why must you go to three stories? It looks as if Observatory Village,
on the south side of Rock Creek Drive, will be "walled -in."
A. Three-story buildings are necessary to achieve a sufficient density
(about 18 dwelling units per acre) to provide an amenity package that
will attract customers willing to pay our lease rates. We will be
providing a 25-yard pool, 5,000 square foot clubhouse, business center
and a work-out fitness room. We could not build this type of project at
any less density so three-story buildings are necessary.
7. 1 am opposed to the mass that is created by the three-story buildings. I
also oppose the density of 18 units per acre and I am generally of the
opinion that renters do contribute to the family -orientation of our
neighborhood.
A. Keep in mind that on the north side of Rock Creek Drive, the
zoning is H-C, Harmony Corridor. We are not zoned L-M-N,
Low Density Mixed -Use Neighborhood like Observatory Village.
Our zoning permits multi -family a permitted use, subject to
2
NEIGHBORHOOD MEETING SUMMARY
PROJECT: The Apartments at Presidio
DATE: October 27, 2008
APPLICANT: Milestone Development c/o Mr. Ken Kiken and Ms.
Carter Laing, and Imago Enterprises c/o Mr. Les
Kaplan
CONSULTANT: Mr. Paul Campbell, Kephart, Inc.
CITY PLANNER: Ted Shepard
The meeting began with a description of the proposed project. As proposed, the
project would consist of 240 apartments divided among 10 buildings. Each
building would be three -stories in height. The parcel is referred to as Tract J of
the Harmony Technology Park and is 13.5 acres in size. It is located north of
Rock Creek Drive, between Lady Moon Drive on the west and Cinquefoil Lane on
the East.
There would be a total of 404 parking spaces. Of this total, there would be one
parking space per unit provided within a garage. The site is zoned H-C,
Harmony Corridor which permits multi -family dwelling units as a permitted use,
subject to review by the City of Fort Collins Planning and Zoning Board.
Precision Drive would be extended as a public street and form the northern
boundary of the site.
Unless otherwise noted, all responses are from the applicants or the consultants.
QUESTIONS, CONCERNS, COMMENTS
1. What are the primary access points to the project?
A. The primary access would be on the north from Precision Drive. This
access drive is designed to align with a north -south drive that serves
the entire Presidio project. This drive will bring customers directly to
the leasing office and clubhouse. A secondary access would be from
the south off Rock Creek Drive.
2. If you bring a drive out to Rock Creek Drive, will you have to build a
bridge over the existing drainage swale?