Agenda - Council Work Session - 11/24/2009

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LOCATION EVALUATIONS homes or twinhomes that would be targeted to older adults looking for less maintenance in a housing product. The other property also has some attractive topographical features, but would be appropriate for moderate-income or upper income townhomes. We would not recommend these sites for rentals or for service-based senior housing as they are not located near to retail goods and services. If additional retail development occurs in the immediate vicinity, this development recommenda- tion could change. Bunker Lake Road and Rhinestone Avenue This property is located north of Bunker Lake Boulevard and generally west of Rhinestone A ve- nue. The area to the east is occupied with medium density townhomes and in general, we be- lieve that this is also an appropriate use for this property. Other housing products that could be considered for the property include small lot single-family, detached villas, twinhomes and/or rowhomes. Service-intensive senior housing or independent senior housing could also be con- sidered for the property but if the Crestview campus moves forward, we would recommend de- laying the development of additional senior housing until the Crestview campus reaches stabi- lized occupancy. Highway 10 between Traprock and Alpaca Street Although currently zoned for medium density residential, this site would be most appropriate for high-density residential development such as rental housing. The property has excellent visibil- ity and convenient access from a major thoroughfare, Highway 10 and would also have conven- ient access to goods and services at Ramsey Town Center. Areas West of Armstrong Boulevard, North of Highway 10 There are areas on the west side ofthe City and north of Highway 10 that are designated for me- dium and high-density residential development. The high-density areas act as a buffer against the commercial portion to the east and the beginning ofthe mixed use areas of Ramsey Town Center. These areas would be suitable for general occupancy rental housing, senior housing, condomini- ums and townhomes. Timing for development of specific products will depend on market condi- tions and overall development patterns. Summary of Potential Housing Products for Various Properties The following table presents a matrix that summarizes the types of residential uses that would be appropriate for medium and high-density locations in Ramsey. These are suggestions and do not include the full scope of what might be possible on some of these properties given the timing and market demand for specific projects. This matrix may be used as a guide to assess the poten . appropriateness of various proposals. MAXFIELD RESEARCH INC.