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JAN-31-97 FRI 15:58 LGT REP' ESTATE ADVISORS FAX NO. 9702234671
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(LMN), with Employment (E) zoning to the east of that, with the Commercial (C)
zoning generally consistent with the Draft Zoning Map, but extended to include
the frontage along Prospect Road. Attached is an exhibit, which Eldon Ward has
prepared, which indicates the location of our preferred zoning areas.
We also represent a 4.45 acre parcel located on the southeast comer of Taft Hill
Road and New Harmony Road '(the new alignment). Harmony Road ties into
County Road 38E and continues west to Horsetooth Reservoir. We believe this
site is an appropriate location for Limited Commercial (CL) or Employment (E)
zoning. We believe that the traffic and noise at this intersection will be such that
business or commercial uses will be more appropriate than single family
residential use. The Draft Zoning Map indicates Low Density Residential (RL).
zoning for this site, to which we are opposed. .
We appreciate your consideration of our recommendations for changes to the
Draft Zoning Map.
Sincerely yours,
nley E. itaker, Jr.
We President
JAN-31-97 FRI 15:57 LGT REA► ESTATE ADVISORS FAX NO. 9702234671
®LGT Asset Management
A Member of Liechtenstein Global Trust
LGT Real Estate Advisors Inc.
Stanford Plaza
Fort Collins - 970-223-3933
3555 Stanford Road
Denver -303-440-3433
Suite 100
Longmont - 303-651-5336
Fort Collins, Co
Facsimile - 970-223-4871
80525
January 31, 1997
Mr. Joe Frank
Director, Advance Planning Department
City of Fort Collins
281 North College Avenue
Fort Collins, Colorado 80522-0580
Dear Joe:
LGT Real Estate Advisors, Inc. represents the .owners of several parcels of
property located in Fort Collins. Our entities have been involved in the
ownership, sale and development of property in Fort Collins for over 14 years.
During this period we have been diligent in working with the City and purchasers
or users of our various properties to develop the properties responsibly, in
accordance with the development standards set forth from time to time.
We support the City in its efforts and progress made in creating the new City
Plan. However, we are opposed to the proposed zoning designation for two of
our properties as identified on the most recent Draft Zoning Map.
This 180 acre property is located northwest of Prospect Road and 1-25'. The
property was annexed and zoned during 1989. The zoning included an RP zone
along the existing residential to the west of the site, with the balance of the
property zoned HB.
The City Plan Draft Zoning Map indicates Commercial (C) zoning for the 30 acre
parcel located east of Box Elder Creek, and Low Density, Mixed -Use
Neighborhood (LMN) zoning for the remaining 150 acres.
With the proximity of 1-25 just along the east border of this property, we feel there
should be a greater buffering distance before residential uses are _planned. Our
desire and recommendation for zoning is to include "four zoning districts across
the property to transition from the existing residential use over to 1-25. Along the
western portion of the property we recommend an Urban Estate (UE) adjacent to
the existing residential, with a strip of Low Density, Mixed -Use Neighborhood
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