HomeMy WebLinkAboutELIZABETH STREET APARTMENTS - PDP - 19-99A - SUBMITTAL DOCUMENTS - ROUND 2 - MODIFICATION REQUESTThank you for your consideration of this request and please feel free to call me
directly if I can address any fgrther questions or comments.
Kevin Horner
Senior Project Manager
Enclosure as noted.
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April 6, 2001 SHS
Mr. Brian Grubb
City Planner
City -of Fort Collins
281 North College Avenue / P.O. Box 580
Fort Collins, Colorado 80522-0580
"pip �,erfio�l vADS.
Re: p e — Parking Ratio
Elizabeth Street Senior Apartments — Fort Collins, Colorado
Dear Brian,
On behalf of the Elizabeth Street Senior Apartments (the "Community"), I hereby
request approval of an alternative parking ratio.
Our site plan contains 50 parking spaces, or a parking ratio of 1 space per dwelling
unit. We feel the number of parking spaces we plan to provide will be adequate for the
following reasons:
This Community will be occupied exclusively by tenants over the age of fifty-five (55)
years. It can be reasonably expected that a far lesser percentage of households in this
Community will own cars than in a typical family community. As a result, a lesser
number of parking spaces will be required to accommodate the smaller number of
tenant -owned vehicles.
2. One hundred percent (100%) of the households in this community are restricted to
annual incomes of no more than forty percent (40%) of Latimer County's median
income (a maximum household income of approximately $18,000 for a two -person
household). With incomes at this very low level, it is common that fewer seniors own
automobiles because they do not have the financial means to register, insure and
maintain the vehicle. As a result, a lesser number of parking spaces will be required to
accommodate the smaller number of tenant -owned vehicles.
The financing program used to construct the Community requires a 40-year deed
restriction stipulating that the rental units be held for senior residents at the 40% rent
levels previously described.
A parking ratio of 1 space per dwelling unit is projected to be more than adequate
for the tenant population of Elizabeth Street Senior Apartments and their guests. For your
further edification, I have attached the results of a Senior Housing Parking Survey. This
survey was conducted by our property management company and compares the sufficiency
of parking provided at twenty-three similar senior communities.
SIMPSON HOUSING SOLUTIONS, LLC
320 Golden Shore • SUite 200 • Long Beach, CA 90502-4217 • 562-256-2000 • Fax 562-25&2001
www.sinipsonsolutions.com