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Pulte ENCLAVE AT NEW BRIGHTON EXCHANGE SUBMITTAL NARRATIVE NEW BRIGHTON, MINNESOTA August 29, 2013 Pulte Homes of Minnesota LLC (Pulte) is pleased to submit this Planned Unit Development application narrative for the proposed Enclave at New Brighton Exchange single family home and townhome community. The Enclave is a very unique opportunity for redevelopment within the New Brighton Exchange and we have had the great pleasure of working with the City Staff, the Economic Development Commission, Planning Commission, and City Council in the creation of this "urban village". While market shifts have occurred since the inception of New Brighton Exchange we believe the Enclave preserves many of the initial characteristics while creating and expanding housing opportunities within New Brighton, and more specifically within the Mounds View School District one of the highest ranked school districts in the State of Minnesota. The Enclave will preserve the urban townhome characteristics along Old Highway 8 with the construction of 32 Discovery Row townhome units while creating move up opportunity for single family home owners with the creation of 89 single family homes surrounding a new City Park and the vast open spaces of Long Lake Regional Park. Pulte will develop the property and construct the single family homes and townhomes within the Enclave. We will be responsible for the additional environmental remediation on the site, the earthwork, utility and street work and the landscaping, trails, sidewalks, irrigation, monumentation, and additional amenities throughout the Enclave. Pulte will maintain architectural control of the single family homes and townhomes and the creation of a Master Homeowners Association and two sub associations: one for the single family homes and one for the townhomes. All homes within the Enclave will be subject to the Homeowners Association Declaration of Covenants, Restrictions, and Easements. Pulte Group is one of the largest national homebuilders in the United States with its corporate offices in Bloomfield Hills, Michigan. Pulte Group currently operates under three distinct brands of homebuilding throughout the United States: Pulte Homes, Centex Homes, and Del Webb. Pulte's Minnesota Division headquarters is in Eden Prairie and constructs nearly 300 homes annually in the Twin Cities market. Our latest Mounds View School District development, Fox Ridge, located just east of Interstate 35W along the south side of County Road 96 is sold out and we look forward to continuing our building of homes in New Brighton. EXISTING CONDITIONS The total land area amounts to approximately 36.9 acres and encompasses a future City Park along the northern most limits. The city park area is approximately 10.4 acres and the Enclave will consist of the balance of the site or 26.5 acres. The site today is a vast open area consisting of newly imported soils with little or no vegetation. The project is bounded by the Minnesota Transfer Railway along the western border, Old Highway 8 along the southern border, and Long Lake Regional Park to the north and east. Site topography is essentially flat across the site as newly imported fill has been brought into the site over the past 18 months. Mass grading of the site will shift earthwork on the site to create a variety of housing Enclave at New Brighton Exchange PUD Submittal August 29, 2013 New Brighton, MN Page 1 of 5