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HomeMy WebLinkAbout207 W MAGNOLIA ST - MINOR SUBDIVISION - BDR210014 - SUBMITTAL DOCUMENTS - ROUND 1 - PROJECT NARRATIVEPROJECT NARRATIVE Project Title: 207 W Magnolia Minor Subdivision Past Meeting Dates: N/A General Information: The owner of Parcel 9711426018, located at 207 West Magnolia Street, Fort Collins, Colorado, wishes to divide the existing parcel into two (2) separate North and South lots. The existing 0.22 acre parcel contains one (1) single lot, the north portion of which contains one residential dwelling, and south portion of which is used commercially and as a parking lot for the restaurant existing thereon (“415”). A fence divides the two proposed lots. The subject property is located within the Downtown/Canyon District. This project requires no change to existing parking, zoning, building type, or to the Land Use Code. The owner simply wishes to create two lots consistent with current uses of each portion of the existing single lot at 207 West Magnolia. Existing and Proposed Owners: The existing lot is owned by Mason 415, LLC. The new lots would also be owned by Mason 415, LLC. The existing owner may sell the lots separately in the future. It is likely the North and South portions of 207 West Magnolia would each be more marketable as separate lots than they are currently. The creation and sale of a new North lot, in particular, would be beneficial to both the current owner and the community insofar as it would contribute a new modest single-family home in a desirable area to the stressed housing market.