Agenda - Council - 08/12/2019 - Laserfiche WebLink

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CC Regular Session 4. 11. Meeting Date: 08/12/2019 By: Chloe McGuire Brigl, Community Development Information Title Adopt Resolution #19-192 Approving Development Agreement for Armstrong West Retail Mall, Case of PSD, LLC dba Armstrong West Retail Mall, LLC. Purpose/Background: The purpose of this case is to review and approve the development agreement for Armstrong West Retail Mall from Armstrong West Retail Mall, LLC (who also does business as PSD, LLC) (the "Applicant") for a retail building on the corner of Armstrong Boulevard NW and Sunwood Drive/147th Avenue NW (near the interchange) at the properties generally known as 8020 147th Ave NW and 8019 146th Ave NW (the "Subject Property"). The commercial building is similar to a strip mall or retail node and is proposed to have two drive-thrus and multiple tenants. The City has approved: Site Plan, Conditional Use Permit (Over -Sized Monument Sign), and Final Plat. A contingency of commercial development projects is a development agreement to lay out the proposed timeline for improvements, required fees, and surety amounts. Notification: No notification required at this stage. Observations/Alternatives: Zoning The site is zoned COR and is in the COR-2 commercial (retail) subdistrict. This area is more flexible in its uses than the typical zoning code, but requires a high -quality built environment, specifics on where buildings can be placed, and building design. In the COR, buildings have a 'build -to' line requirement, as opposed to a setback requirement. This brings buildings forward towards the street (such as City Hall) or limits the view of parking areas (such as Casey's). This development will be similar to Casey's, with a 3 - 4 foot stone wall on the north edge of the property with the future phase of development. This portion of the project proposes the building on the southern parcel, with a driveway from the north off 147th Avenue NW. This zoning district also emphasizes the environment for pedestrians, and as such, the development will require sidewalk connections and a future phase of development will likely include a patio space. The space will be a retail node, which the City is very supportive of. City Staff has heard throughout the comprehensive planning process that residents are looking for more spaces to shop, eat, and purchase local goods. Staff believes this retail center will be successful with its proximity to the COR and Highway 10, and hopes it spurs additional retail development. Funding Source: The Applicant is responsible for all costs associated with review of the project. This site was previously owned by the City, which recently closed on a transaction with PSD, LLC to facilitate this project. There are no current business subsidy requests attached to this project. Said real estate transaction included a swap with PSD, LLC internal to The COR to facilitate a required regional stormwater pond. This public improvement is now under construction. Recommendation: