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HomeMy WebLinkAboutCARIBOU APARTMENTS - MODIFICATION OF STANDARD - 18-02 - SUBMITTAL DOCUMENTS - ROUND 1 - MODIFICATION REQUEST...; .....11;1' Ilk F T VIA 41. I" �= ugin..• rp. 1 ti _ ��\ 1 �Z 1pii�ii �� .. -1•• .r \III 11.1� Wilsiv C �In�l.inul/ia/ .a-�1 ..t��\ .1f.1.$�� •��.i_��" :'.� ►-. fitU.\I. _ _..J 1 i_. D ' I/ •ICI .�� �� ! i� ■\I gall 11.��1�� 1 � 1. p pmO� L,a %�• �......;.-. `!� !; Io�lt® s. •. /N.,,d w rental housing and indicates policies that increase the supply of affordable rental housing. It also is evident that the City's goal is to set priorities that encourage affordable housing and to revise regulations so that affordable housing is possible. In summary, approving a modification to the 25% rule would not jeopardize the intent of the E District, since the land area as a whole will still be developed with 75% or more primary uses. Secondly, the development of an affordable housing project in this location accomplishes several City policy goals as outlined above. A justification for this proposal relating to the Modification Criteria (Section 2.8.2(H)(2) is the fact that this project meets the affordable housing needs of the citizens of Fort Collins and is supported by the following policies: • Community Vision and Goals 2015: Housing. The community should be a place where all people have access to affordable housing and the "City will encourage the production of housing that meets the needs of all household incomes in the community". • City Plan Principles & Policies: PRINCIPLE HSG-1: A variety of housing types and densities will be available throughout the urban area for all income levels. Policy HSG-1.2 Housing Supply. The City will encourage public and private, for -profit and non-profit sectors to take actions to develop and maintain an adequate supply of single -and multiple -family housing ... that is proportionately balanced to the wages of our labor force. Policy HSG-1.4 Land for Residential Development. The City will permit residential development in all neighborhoods and districts in order to maximize the potential land available for development of housing and thereby positively influence housing affordability. PRINCIPLE HSG-2: The City will encourage the creation and expansion of affordable housing opportunities. Policy HSG-2.2 Incentives. The City will support and encourage the private development of affordable housing by offering incentives and reducing local government barriers to the construction of additional units. Policy HSG-2.3 Development Practices. The City will seek opportunities to modify land use regulations and permit processes that make project approval timelines, achievable densities, and mitigation costs more predictable. • Priority Affordable Housing Needs and Strategies Report: This report identifies and analyzes the affordable housing needs in our community. It clearly prioritizes affordable housing, particularly Modification Request Caribou Apartments Project Development Plan April 4, 2002 This request is for a modification to the "Secondary -Uses" requirement as outlined in Division 4.22 Employment District of the Fort Collins Land Use Code. The modification being requested is from section 4.22 (D)(2), Secondary Uses. This regulation reads that: `All secondary uses shall be integrated both in function and appearance into a larger employment district development plan that emphasizes primary uses." The following uses shall be considered secondary uses in this zone district and together shall occupy no more that twenty-five (25) percent of the total gross area of the development plan." The applicant is proposing a multi -family residential development of 192 units on approximately 10 acres. The developer's mission is to provide a combination of income restricted and market -rate units. Since it is the City's policy to commit its financial assistance early in the project planning process, the project has already received Private Activity Bond Allocations from the Affordable Housing Board. The site is located at the southwest intersection of South Timberline Road and Caribou Road in the E — Employment District. Residential is considered a 'secondary use' within the E District. The LUC states that secondary uses shall occupy no more than 25% of the gross area of the development plan. This proposed site, if evaluated alone, would be considered 100% secondary uses. However, if we evaluate this property within the context of the approximately '166 acres of land zoned E at this location (see attached map), this project would represent 6% of the land area. The area is approximately 90% developed. Of the developed properties only six existing uses are considered secondary. These six uses represent approximately 9% of the land area. Combining these uses with the proposed housing development would bring the per cent of secondary uses to 15%. So the City's goal of 75% primary uses within this area can easily be achieved.