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HomeMy WebLinkAboutINTERSTATE LAND HOLDINGS ANNEXATION - RESUBMITTAL - ANX140003 - SUBMITTAL DOCUMENTS - ROUND 2 - LUC REQUIREMENTSJune 14, 2017 Interstate Land Holdings Annexation Statement of Principles and Policies Summary The Interstate Land Holdings Annexation is a collection of three properties and right of way totaling 12.189 acres located on the northeast corner of the I-25 and Highway 392 intersection. It is currently located within Larimer County and the Fort Collins Growth Management Area (GMA) and the Corridor Activity Center (CAC) as defined the intergovernmental agreements between the City and Windsor and in Division 4.21 of the Land Use Code. The properties do not contain any structures but have recently been graded and seeded due to the recent CDOT interchange improvements. It is bordered by Fossil Creek Regional Open Space and Swede Lake on the west side, Interstate 25 to the east, Highway 392 to the south, and commercial properties to the north. The I-25 frontage road in between the properties, as well as the portion of Highway 392 to the south, is included in the annexation to provide a continuity of service for the City of Fort Collins. The property is currently zoned T-Tourist in Larimer County. The proposed zoning is General Commercial (GC), which is consistent with the City Structure Plan, the Intergovernmental Agreement Pertaining to the Development of the Interstate I25/State Highway 392 Interchange, and amendments to Division 4.21 of the Land Use Code which specify the zoning, uses and development standards for the CAC. Site development plans are not included in the annexation application and are to be pursued at a later date. City Plan Principles and Policies Achieved by the Annexation Principle LIV 1: City development will be contained by well-defined boundaries that will be managed using various tools including utilization of a Growth Management Area, community coordination, and Intergovernmental Agreements. Policy LIV 1.3 – Coordinate at Community Edges Policy LIV 1.4 – Maintain Intergovernmental Agreements The Interstate Land Holdings Annexation is located within the approved Growth Management Area boundaries. The project can demonstrate the City’s vision for a compact land use pattern within a well-defined boundary, adequate public facilities, and development paying its share of costs of public facilities and services. The properties share an important edge with the Town of Windsor that makes the Highway 392 interchange a coordinated City gateway. The future land use patterns for this interchange have been outlined in the I-25/SH 392 Interchange Improvement Plan (2008) where a specific zoning district, the Corridor Activity Center (CAC) was defined to guide development in this area. The CAC generally follows the City of Fort Collins City Plan (2004) and the Town of Windsor’s Comprehensive Plan (2006). Final development will participate in the CAC Interchange Improvement Fee Program as outlined in the Intergovernmental Agreement with the City of Fort Collins and the Town of Windsor. Principle LIV 2: The City will consider the annexation of new territory into the City limits when the annexation of such property conforms to the vision, goals, and policies of City Plan. Policy LIV 2.1 – Follow Annexation Policies The proposed annexation is located within a defined subarea plan and the Fort Collins GMA. The future development densities shall be consistent with the vision, goals and policies of City Plan. Principle LIV 5: The City will promote redevelopment and infill in areas identified on the Targeted Infill and Redevelopment Areas Map. Policy LIV 5.1 – Encourage Targeted Redevelopment and Infill The properties are located in a Targeted Activity Center and identified on the Targeted Infill and Redevelopment Areas Map. The annexation will promote the development of an important underutilized commercial area and community gateway from Interstate 25. Principle LIV 13: Community gateways are located at primary entryways into the community, including at the I-25 corridor interchanges, at the north and south ends of College Avenue, and at entrances to unique districts and corridors (such as the Downtown River District). The City will recognize gateways as important locations to draw attention to and convey the character of the surrounding district. Policy LIV 13.1 – Enhance Interchange Gateways This corner of the I-25/Highway 392 intersection is an important first impression and gateway identifier for the City of Fort Collins as this is the first intersection encountered by visitors from the south. The future development of these properties will be able to set the tone and character for the entrance to the City.