Agenda - Economic Development Authority - 02/13/2025

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CC Regular Session Meeting Date: 07/11/2023 By: Todd Larson, Community Development Information 7. 1. Title: CorTrust Bank - Rezoning, Plat, and Site Plan Review at the northeast corner of Sunwood Drive and Zeolite Street NW. Purpose/Background: The applicant, CorTrust Bank, has been working with the City's Economic Development staff on the purchase of a 1.24-acre site at the northeast corner of Sunwood Drive and Zeolite Street NW for the construction of a new bank branch. The site will be subdivided from the existing 11.72-acre parcel. The site is zoned COR-2a. The proposed bank will have two drive-thru lanes. The COR-2a district limits uses to one drive-thru lane, so a re -zoning to the COR-2b district, where two drive-thru lanes are allowed, is proposed. A Site Plan Review is required for the site. The Planning Commission unanimously recommended approval of the project at its meeting on May 25. The City Council will consider this project over three meetings --the first was the preliminary plat and the introduction of the rezoning ordinance on June 13. The second meeting, tonight, consists of the adoption of the rezoning ordinance, final plat, the site plan review, and the cross -access and maintenance agreement. The development agreement will be placed on a future agenda once the cost estimates for site improvements are provided. Notification: Properties within 700 feet of the existing parcel were mailed public hearing notices. A public hearing notice was published in the May 12, 2023, Anoka Union Herald Newspaper. A notice of land use application sign was placed at the northeast corner of Sunwood Drive and Zeolite Street. Observations/Alternatives: Building Design The one-story brick building will have several large windows on the prominent entryway at the southeast corner of the building. Several other windows will be located on the south, east, and west sides of the building. A drive-thru canopy is located on the north side of the building. The canopy is integrated into the hip roof of the building. The entryway in the southeast portion of the building will have architectural metal panels, brick, and glass with the upper portion being spandrel glass. COR-2 has a requirement that the building has at least 40 percent of the lot frontage. The lot has 173.50 feet of frontage along Sunwood Drive. The building will have 60 feet of frontage (34.6 percent). A decorative screen wall, similar to other walls along Sunwood Drive, will be 28 feet in width screening the parking lot drive aisle. Between the building and the screen wall, 50.7 percent of the lot will have a hardscape frontage. A discrepancy in the plans was discovered late in the previous review cycle before the Planning Commission meeting. The architectural plans and the civil plans have been updated to show only two drive-thru lanes with a bypass lane. Access and Parking Vehicular access to the site, initially, will be from Zeolite Street along the north side of the site via a shared access drive directly across from the approved location for the Home2Sutes driveway. This access drive is being set up to be extended eastward to provide shared access to the sites to the east and north. This shared private roadway is likely to have a connection to Sunwood Drive midway between Yolite Street and Zeolite Street and possibly to