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Preliminary Planned Residential Development Planning Commission Report; 5-21-19 Page 11 (cont.) • The goal of the project is to apply and receive bonding in January of 2019. If a partial reward is acquired, the project would seek additional bonding in August. The timing of this award will affect the timing of the documents schedule. Based on award amount, the Owner will decide when to proceed into the documents stage. • The anticipated design schedule for the project will be approximately 7 months from concept design (January of 2019) and city approvals through the completion of construction documents (barring no significant delays for City entitlement) and starting construction/closing by the August of 2019. • The construction schedule is anticipated to take 16 months to complete for the Senior building, and 16 months to complete for the Family Building, with each being constructed in a single phase. Initial PRD Standards Review In General:  The purpose of a Planned Residential Development (PRD) is to allow for flexible development that can grant variations in “…density, bulk, height, setbacks, and other regulations pertaining to the use of land…that are not in strict accordance with the other provisions of the Zoning Code or any other ordinance of the City” provided the applicant can show the development is not detrimental to the public.  Intended outcomes of PRD development include providing for and encouraging advances in housing design; changes in types of dwellings; flexibility in layout and site planning; development of the life-cycle environment; and more efficient use of land, open space, and public facilities. Comp Plan Consistency:  General goals of the 2040 Comprehensive Plan include… o …supporting a diverse population (1-6); o …providing a diverse housing stock of well-maintained housing (1-6); o …establishing a sense of place/feel of the community (1-7); and o …creating streets that are safe, comfortable, and attractive to all users (1-8).  With specific regards to Land Use… o …the plan calls for providing a mixture of high intensity uses that are mutually complementary, supportive, and make the most efficient use of both land and capital. To that end, the city is seeking to pursue high-intensity, mixed-use developments were people can work, shop, plan, and be entertained. Additionally, the City is seeking to increase the intensity of development as a means to provide jobs and increase the tax base (3-15).