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Updated Friday, September S, 2014 The Planning Commission reviewed the concept plan at the September 4, 2014 meeting. While no formal motion was made, there was some level of support to continue to review and consider this project as it is currently proposed. It is noted, however, that there was not full consensus amongst the Planning Commission in support of amending the Development Plan. The Planning Commission did request additional information be provided with any future review that would provide market data that would support the findings of 1. The proposed project is market -rate for the community and surrounding area 2. Structured parking adds a level of cost per unit that would price the project out of the market 3. The current Development Plan for The COR is too aggressive in terms of density and number of households. Although there was not full consensus in supporting an amendment to the Development Plan amongst the Planning Commission, multiple members expressed that it might be appropriate at this time to amend the Development Plan to support the proposed project, provided that it was supported by relevant market analysis. It was also noted that the Planning Commission desired to analyze how this relates to the City's retail goals to ensure that the planned development pattern for future residential would still support the level of retail planned in the area. The Planning Commission also expressed a desire for additional information that clearly illustrates what exactly will change from the Development Plan if this project moves forward. Staff has more detailed information available to us at this time that was not yet available at the time the Planning Commission Agenda was published (total units, floor area ratio). Additionally, it is suggested that market analysis of the current development plan could include return on investment information regarding the added costs of structured parking. Action: Provide feedback on the following: 1. Use of pitched roof versus flat roof 2. Parking requirements and capacity 3. Changes to the Development Plan Please note that this should not be construed as preliminary approval, but conceptual feedback only to assist the Developer in the preparation of an official Application. Site Location Map Site Plan Letter Concept Plan Attachments Form Review Inbox Reviewed By Date Tim Gladhill (Originator) Tim Gladhill 09/03/2014 03:54 PM Kurt Ulrich Kurt Ulrich 09/04/2014 10:23 AM Form Started By: Tim Gladhill Started On: 09/03/2014 03:48 PM Final Approval Date: 09/04/2014