06-17-03 - Laserfiche WebLink

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Motion by Baker, second by O’Brien to WAIVE THE READING AND ADOPT THE ATTACHED RESOLUTION RECOMMENDING APPROVAL OF SP 03-05 with the following conditions: 1. The applicant shall remove existing concrete along the south lot line to improve surface run off to be approved by City Planner. 6 Ayes, 0 Nays, Motion Carried. Mr. Blair was advised he could apply for a variance in the future if he would like changes not consistent with impervious surface requirements. General Business: None reported. Announcements and Updates: Mr. Locke presented an update on the Brighton Village project. He reported the Council continued the hearing for creating a TIF District to the July 22nd meeting mainly because Kraus Anderson is in the process of sorting out plans for the Bright Village Shopping Center. They have eliminated the hotel and senior housing components of the project, due to the difficulty in financing the hotel. They are pursing a plan to include a medical office building of about 28,000 sq. ft., a small retail building of about 22,000 sq. ft., another small retail building of 6,000 sq. ft., the Synders store of about 12,500 sq. ft., and also a restaurant of 3,000 sq. ft.. They are still working on a plan that would involve the rerouting of Pike Lake Drive, from its current location, parallel to 694, to bringing it through the site so that it provides access to the site as well as access to the neighborhood and to Palmer Drive rather than Silver Lake Road. There is a sense they are trying to wrap this up and still put together a project that is financially feasible and market supported, to begin construction yet this year. This plan is remarkably different than the preliminary PUD the Planning Commission approved last summer. It would be anticipated they would have to come back through the Planning Commission approval process, either as a PUD or qualify everything under the standard B-3 Business zoning which is what the property is zoned. They would have to go through a platting process if nothing else because of the relocation of the road. Economic conditions have changed a lot since the project was first envisioned. This was initially a 22-24 million dollar project and what is now being proposed is probably an 8 or 9 million dollar project. Possibly something would be ready for the August Planning Commission Meeting. Mr. Locke also gave an update on the Northwest Quadrant project. A good deal of time has been spent over the past three months trying to identify housing developers to do the housing development of the Northwest Quadrant. Ryan Companies has been the