Agenda - Council Work Session - 03/28/2023

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CENTRA HOMES,, We have designed the detached residential portion of the concept plans into two distinct neighborhoods with the Twenty (20) Wide Homes on the western side and the Thirty (30') Wide Homes on the eastern side of the Neighborhood. The 20 foot wide homes would be essentially the same homes that we built at the neighborhood `Cottages at the COR' located at the corner of Bunker Lake Blvd and Ramsey Blvd. This neighborhood is completely built out. We have included a photo of a row of completed homes from the neighborhood for reference as well as marketing flyers that show floorplans and elevations. The 30 foot wide homes would be a new product that we would design specifically for this neighborhood. We envision a home with garages in the rear and front porches seen from the public streets. We do not have a picture or architectural renderings of these plans because we have not designed them yet. We would design homes that are similar in architectural finishes and would complement the two story homes that are part of this submittal. As you know the Housing Market is going through some tremendous changes as Interest Rates continue to increase. We expect our homes to be priced in the Mid to Upper $ 300,000 and depending on the options that a Buyer might select some homes could sell for over $ 400,000. We proposed the following specifics of house and lot details of both home types we propose: • Architectural Asphalt Shingles • Vinyl Siding with a variety of exterior masonry accents • Landscaping to include One front yard tree per lot and fully irrigated and sodded yard - there would be additional landscaping along the public trail and road • Variety of Exterior Color selections • Do not allow the same color and elevation of homes next to or across the street from each other • 5 foot side yard setbacks Wetland Impact. The Wetlands on this site provided a unique challenge to developing the site. Our concept contemplates filling all of the wetlands and mitigating the filling of these wetlands by either off -site wetland creation or purchasing wetland credits. As a more detailed review of the cost of mitigation and the generation of future TIF/Tax Revenue are completed, the total amount of Wetland Impact might be reduced.