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Home My WebLink AboutCAMPUS WEST THEATRE REDEVELOPMENT - FDP - 23-04C - CORRESPONDENCE -TRADE WIND Project Solutions, LLC Utility Development Charges Stomp Water Development Fees $1,722 PIF or Basin Fee a (Grass Area of Development) X (58,070113ass rate per acre) X (Runoff Coefficient) Basin Fee $ 5.059.36 Development Review Charges- (Net Acres of Devalcpman) X ($10451scra) X (Rate Factor) DRC 5 1,722.16 Theatre I Gas Station I Convence Store would have had same amass and Impervious areas as new Development Credit IRI)6936) Water PIF I Wastewater PIF I Raw Water $185,895 Reduction Required In Net Square Footage of She and Cost per Living Unit Is Required. Impact on Systems is not the same as Residential Homes with Irrigation and Large Families, This Impact should be This should be In the nelgborhood of $120X with water right fees. Gadit Ipr exl.rlg]inch Tap fr nThesYr padltb*XhdM 1HrM Tap Fom Ue oa etatlp WAIN par matapFt. W.=a Woe 3% s S1.Ia0.12 Wawa.r Pr LU. 51,20T s 33,7111.00 Isar W. Raa w. I3tl4. LU) • (2.304 a 2.0e) 1112304 A-4.. i a37as.7e iM00IAm3..l tams... Shan. In Ila. d..h turn— MY 1.. Inlaatlon Tav W.Yr bMlopm.nt I.a. an W IIJII Imo muMlamlly bridlnp cNrP. IbmuPb IrMWon d vp.n W. In fi. ulcul.eom. W.Yr m.Yr M.rp.d.xordlnp to teP ale W.rpi (NMr) WYt1NY/ FF (}IrYaf /Yw W.M hgWnte.m(Nrrdrl 7.1 LMng Une P., LU $ 1.SN.M I M.as0.12 P., LU $ 1,207.00 1 33.7p1.oe P., LU f 3.341.21 f 0.740.71 T.YI f teA1M.]l 3 B'. E80 W 5 8C.2E1 00 3 62 000 W Total $ 114,301.00 Water RF: S 100.500A2 W.., W.., PIF: S Kon.00 saw W.Y, aeWram.nc s +se.1.o.Ta i Water RF aadlt ham .ailing 2-inch .M. 1361,. .1 W.Yr PIF mdlt man aal.np Lalnch M. ae,610.Ml W.. W.Yr PIF f ..M., 24ch den eabc M. Iste.s33 Ml W..a Water PIF Mas Wray V"rn .M. mU...Ma IM.W7 W) aw Water credit Ia.ailing NnM.Ma (362!0 M) aw Water credit Ia ealeng LHnch.M. (31.110.00) (2) Nnch and Tap l L4 lr.h Tap W.I., M.W. a seem 12 a s062, .red I a a102) 20 U.1%OW • ]inch p .rt.l a M2 Water Dev av aw Charge a 1,a1a00 21 UnIY 01143. ]-inch mmmrl.l a =2 war DasalPP aM..w Charge f 1,561.00 alano Du. tv c6t, s 145,We.2! Electrical SWAM 1 LS 550"11 $50.000 Estimate .mw �Gpanly s F. Pr SFd[d Am SF W SO Cepeclly F. Par LFdF raga LF to s0 CaPecily F. Pr Srtp. Sir. Cak M s0 S.RMN Sit chrgea Pr LFd A*nr LF s0 s0 BuierN S,W Char se Per Tarn ter E. 0 U Aftb L]rvp. LS So so Fl tkv-21 Unlit s - c..IlyF. PrS afl.& raa SF f0 30 CSDscny F. Pw LFaF aga LF s0 s0 C dy F. Pw SYMc. SI2. Cak s0 so suddw sit Wg. Pr LFdPmnry LF So M Bulkhq Site chrpm Pr Tr..bnrr Ea 30 s0 AckkU .l Charge LS 9 W Fire Department Review Fee (PFA) 81166" 1 LS $10.648 S18b48 Trade Wind Project Solutions, LLC PO Box 1789 Fort Collins, CO 80522 (P)970-222-5141 (F)970-224-2403 saddington@bzdewindprojectsolutions.com c TRADE WIND Project Solutions, LLC Project: Campus West Redevelopment Project Location: 1325 W Elisabeth Street, Fort Collins, CO 80526 Site Size: 2.06 Acres (89,859 Sq-Ft) Commercial Size: 20,912 Sq-Ft Gross Approximate Residential Size: 20,198 Sq-Ft Gross Approximate — 28 Living Units VW Related Fees Permits s Fees Development Fees $366,618 Plemsg Sw Iutl Fee 1 LS 36,000.00 36.0M Pew P4nneg Fewl SubmM.l F. 1 LS 31,000.00 it,o00 Pew Capital Improvement Expansion Fees S110,353 Community Parkland Fee $35.084 New Mxed Jae Wmme,c,e; R,sr. RNe,I 20.'_ na $0 SD 30 New Msed Jse- Aommen:s 29 EA S1,263.00 $36,064 F/M S4,67a New MmU use-Co^,me.T,el 20, 012 Ne fit tDS 34,0]B 15. 0001 W o 300) ✓e New Msed use -Apsrt. esfs 28 EA 6136.00 S3,780 Gerwal Gout Servkrs $5,789 eMww4 We - COmmera,aw Rear. RerNl 20,T12 SF $0,217 $4,633 TAMrs (15.000) SF $0.^17 (33.2551 GU SIR,m/CG-,ronnnae Stan (1_300) 5F $0217 (32821 NewAead Ue-Apeenree - 28 EA 3171,00 $4.788 POAM $3,227 A AssdW •Cenwwelef Rest - Pete" _ 20,912 SF $0.135 $2,11n TAeeae (Is.") SF 50.136 _ (S2,025, G-Sterim/Cmve sSf (1, 300) SF $0,136 (S17e'. atew Asrdtae-Apeetwrte 28 EA $03.00 --da.eod Larmy $10,520 - _...... New Mmd Un-Cmerwraiel Ne so s0 e Srae ,✓e s0 I.AY. Mna Jse -Apwm a 2e EA s31Me.0o S1D,6211 Ne0bofioodParkland S8,780 New Mud Uee - Lmw, W Ne SD :D S0 New Ml dUse -APe W. a EA S1,123.00 68,750 SCeet Ovetsl2ing .. _, _. NneMad Use - Sd. Reereurita 30% 0,274 SF $12.07 Sn'w New Mmd Use -Sa ,e, Refs/ 70% 14,63e SF M." U4,317 610 82 13162, MOO IPI PUMPSIPOS a MO 63 1679, am, 11. wop SF 4313 1556.08Q) New M. Use - Apelmeres 28 EA $1,4155.03 $41,1106 Larlmw County Regional Capital Exp Fee $4,072 New M.vd Use -Sft a Metwr,te 8.274 SF SO.w $6,018 New Msed Use -SP NyAta'I - 14,a3e SF $0.01 Sam "'SO Is12.om( renance sloe so so 1$10m1 New Mnd Use - Apwlnrenta Dwalling Unea 2e EA 3113.00 $3.164 Poudm School Di bic Fee S21,2M New Used Jse-Conerwcw Ne s0 n to 06 New Mnd ,:se _Aparme,rs 28 EA 3789.03 321,306 Development Construction Pena 1 LS skm MM Building Plan Check and Permit $110,622 c.,1,9wla��g >erm,: Valueflon= $ 4,573,155 Pei, .twcY 1 Cek 371713 $7.713 1 Cek $141.019 Sitting use ier. 3.8% Cak S2,288,678 sm,aeu Trade Wind Project Solutions, LLC PO Box 1789 Fort Collins, CO 80522 (P)970-222-5141 (F)970-224-2403 saddington@tradewindprojectsolutions.com TRADE WIND Project Solutions, LLC We believe that, not only the proximity of this project to the campus but the single occupancy nature of these units (550sq.ft) negates any possibility of any resident other than university students. In the three years since its completion, of our College Avenue (at Laurel) residential dwellings have yet to receive one application from anyone other than a student, graduate student or single working professional. The proposed mix -use development for the site encompasses the same 2.06 Acres that was previously used at this location. The new mixed use development includes approximately 20,912 Square Feet of Commercial or Specialty Retail and approximately 20,198 Square Feet (including decks) of Residential. The primary parking area is located behind the building. The impervious area of the site has decreased approximately 9% from the previous site. (98% impervious before and 89% impervious now). The previous combined sites had one large Campus West Theatre which occupied about 15,000 Square Feet and a Gas Station Convenience Store with 8 fueling stations which encompassed about 1300 Square Feet. The site had one existing 2-inch water connection to the Theatre and one 1/4-inch water connection to the Gas Station Convenience Store. Based upon the following information, the Developers are estimated to pay approximately $366,618 or less based on above in City and County Fees for the project. This includes all permits and all associated plan review and inspection fees. We urge you to review specifically the impact of water, wastewater plant investment fees and Street Oversizing. The only fees not associated with these fees would be the fees that pertain to Xcel Energy (Gas) and Qwest (Telephone) and any Cable or Satellite TV or owner related utilities. All water, sewer, storm drainage, and electrical are included as part of these fees. Currently, the only figure we have only an estimate for is the electrical service and installation. It should be noted, however, that the City removed the existing transformers on site and the Developers should receive a credit for the equipment that was on site prior to the demolition in November 2005. The following information outlines both fees and credits that are due on the new mixed use project. We would like to have your staff review the estimates and then respond to us in writing whether or not the noted fees are appropriate for the in -fill project mixed use development. We look forward to your response. Sincerely, Scott M. Addington, Principal Trade Wind Project Solutions, LLC Trade Wind Project Solutions, LLC PO Box 1789 Fort Collins, CO 80522 (P)970-222-5141 (F) 970-224-2403 saddington@tradewindprojectsolutions.com iTRADE WIND Project Solutions, LLC August 27, 2006 Darin Atteberry City Manager 300 Laporte Ave Ste 200 City of Fort Collins Fort Collins, CO 80524 RE: Final Fee Assessment for the Campus West Redevelopment Project Dear Sirs: I represent Christian and Robin Bachelet and their project known as the Campus West Redevelopment located at 1325 West Elizabeth Street (Comer of West Elizabeth and City Park Ave.) Together, the Bachelet's and I have studied the code and researched specific data to support the attached schedule of fees associated with the above mentioned project which is scheduled to commence construction in September 2006. Earlier discussions with you and members of your staff have lead us to believe that "In -fill" projects are a significant part of Fort Collins' development future and that the City of Fort is open to working with local developers to help create quality in -fill projects, that support and adhere to the new City Plan. We are also extremely encouraged by the Refill Fort Collins Study that seems to address the economic challenges to infill projects. The streamlining of the city approval process is a giant leap in the right direction, however, we feel that each infill project must be addressed independently in order to assess the increase, decrease or negligible impact to the communities infrastructure. Currently, infill projects are being assessed based on fee schedules that are designed for Green- field developments, but unique only to infill is the opportunity for credits based on prior uses as the use relates to existing impact or even reductions in impact to infrastructure. The Campus West Redevelopment project must be looked at independently to see not only what type of use is proposed and what new impact it will create, but also relative to what use was removed and the relative decrease in impact. We believe, as City Plan outlines, residential density reduces traffic thus reducingnnpact. The residential portion of this project is at risk of being scratched due to the existing fee structure. A mixed use project is what this corner (West Elisabeth and City Park Ave.) deserves and it is the type of project embraced and promoted by City Plan. A project like this will boost this otherwise blighted area which will help to create a more positive atmosphere that fosters a sense of community and belonging, which is what attracts students to stay close to their school so they can bike or walk to their classes and visit CSUs library. We also believe it will help generate investment and additional improvements by local property owners. It is also philosophy that a more equitable fee structure for infill will foster a surge in re- development activity which only benefits the city of Fort Collins. The attached schedule of fees addresses those credits for reduction in street over sizing and various other impact fees including a reduction in school and library fees. Trade Wind Project Solutions, LLC PO Box 1789 Fort Collins, CO 80522 (P)970-222-5141 (F)970-224-2403 saddington@tradewindprojectsolutions.com