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Agenda - Economic Development Authority - 01/12/2017
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Agenda - Economic Development Authority - 01/12/2017
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3/17/2025 2:13:31 PM
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3/14/2017 10:57:28 AM
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Meetings
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Agenda
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Economic Development Authority
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01/12/2017
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encouraged in this development. These characteristics allow for this particular remnant <br /> site to be viable and usable. Again,staff is not suggesting this site is ideal. <br /> Staff anticipates a 4,000-8,000 sf"foot-print" building could be placed on this site(could <br /> be two stories). Water/sewer stubs are available to this site. Furthermore,staff would <br /> like to note,this type sized lot/building foot-print is not uncommon for downtowns/ <br /> urban developments in cities across the country. <br /> In many ways,the 1/2 remnant parcel is the result of two previous decisions: (1)the <br /> Common Bond project, not extending their site to Yolite Street created the 1/2 parcel, <br /> and (2)the location of pre-installed/pre-determined infrastructure on Sunwood and <br /> Veterans. These issues will need to be addressed, now or in the future(by the City as <br /> current master developer,or by a future master developer). <br /> Lastly,staff would like to note, if Yolite Street was not required to be constructed, it is <br /> likely only a private stub road would be needed from Sunwood Drive (would not go <br /> through entire site). This alternative would likely increase the size of this remnant site <br /> from about.5 acres to about.75 acres(as the unused ROW would become available). <br /> ii. The second remnant lot is roughly 3-acres, located just west of the proposed Stone <br /> Brook Academy 1-acre lot,and is generally rectangular shaped. <br /> i.CJ <br /> �i <br /> Remnant Lest <br /> 3 Acres 1` �ur• <br /> ti <br /> 6 <br /> T <br /> Stone Brook <br /> Although this lot is smaller than the original larger 5-acre lot,this remnant 3-acre parcel <br /> is still of considerable size,and holds strong merit to be marketed/developed. Sewer/ <br /> water stubs exist. Good access points exist. Location is good. <br /> Page 9 of 16 <br />
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