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Economic Development Authority (EDA) 4. 3. <br />Meeting Date: 07/08/2021 <br />By: Sean Sullivan, Community <br />Development <br />Title: <br />Review Preliminary Concept Plan for Parcel 46 (COR): Case of Centra Homes <br />Purpose/Background: <br />The purpose of this case is to review development concept plan and re -affirm the vision of Parcel 46. <br />Staff has received a concept plan from Centra Homes. The Developer is interested in purchasing a significant <br />portion of this parcel and developing it residentially. The Developer is asking for initial feedback on the plan and <br />the proposed use of the site. <br />Notification: <br />N/A <br />Observations/Alternatives: <br />The preliminary concept plan proposed by the developer that includes 100% residential development does not <br />appear to be consistent with previous vision for Parcel 46. Both the EDA and Planning Commission have shown <br />some past support for a balance of residential, retail and mixed use. The attached concept plan with retail and <br />mixed -use markups is consistent with what the EDA and Planning Commission have previously supported. Staff is <br />asking the EDA for preliminary comments and to review the vision for Parcel 46. <br />Alternatives: <br />1) Support new vision and preliminary concept plan with 100% residential development and provide general <br />comments <br />2) Re -affirm previous vision and to provide feedback to the developer asking for a portion of the site be guided for <br />retail and to provide a revised concept plan <br />3) Something else <br />Funding Source: <br />This is project is being managed under normal staff duties. <br />Recommendation: <br />Staff recommends re -affirming previous vision and to provide feedback to the developer asking for a portion of the <br />site be guided for retail and to provide a revised concept plan. <br />Action: <br />Based on Discussion <br />Attachments <br />Site Location Map <br />Centra Concept Plan with Markup <br />