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HomeMy WebLinkAboutZ-3571-A Staff AnalysisDecember 13, 1983 SUBDIVISIONS Item No. 9 NAME: LOCATION: DEVELOPER: Realty Associates, 2723 Foxcroft Road Suite 215 LR, AR 72207-2484 Phone: 225-0500 AREA: 3.5 acres ZONING: "PRD" Old Town Village "PRD" An Amended "PD" (Z -3571C) 300 Block, between Commerce and Sherman ENGINEER: Inc. Peters and Associates 2723 Foxcroft Road, Suite 215 Little Rock, AR 72207-2484 Phone: 225-0500 NO. OF LOTS: 2 FT. OF NEW ST.: 0 PROPOSED USES: Rental/Condos REQUEST: To amend an approved Plan Development through the establishment of a Planned Residential Development. A. Site History This development was originally approved as Sherman Oaks Condominiums through the "PD" or Planned Development process. B. Development Objectives (1) To provide rental units with a possibility of revision to ownership units as dictated by the market. (2) To increase the number of units originally approved so as to make the project economically viable, while maintaining the density of 40 to 60 units per acre by the Downtown Little Rock Development Plan recommended. (3) To maintain a design similar to the existing units, except for minor variations in entry treatment and fenestration which are being made to accommodate the increased density. (4) To make major physical design modifications so as to allow for more density, create more urban space and more closely align the project with the concepts of the Downtown Little Rock Plan by December 13, 1983 SUBDIVISIONS Item No. 9 - Continued by the provision of a series of New England -type pedestrian walkways. (5) The retention of natural features by the preservation of the sole existing healthy tree by leaving an adequate amount of unpaved area around its base. C. Development Proposal (1) Size of tract .......2.1 acres (2) Unit Breakdown Type No. Size Small 1 Bedroom 16 476 sq. ft. Large 1 Bedroom 17 608 sq. ft. 1 BR/Den 16 784 sq. ft. Small 2 Bedroom 16 1,008 sq. ft. Large 2 Bedroom 10 1,253 sq. ft. 3 Bedroom 5 1,616 sq. ft. Total M (3) Building Coverage ........... 25,144 sq. ft./28% of site (4) Parking On -Site ............. 81 spaces Off -Site............ 50 spaces Total..............131 spaces or 1.6 spaces per unit (5) Development Schedule Financing is dependent on the bond market, due to the development being a part of the Old Town C.B.I.D.; however, it is very likely that construction will begin no later than early spring 1984 and be completed mid to late fall 1984. 96) Perimeter Treatment Involves extension of partially constructed brick wall around property. December 13, 1983 SUBDIVISIONS Item No. 9 - Continued E. Engineering Considerations (1) Repair/replace damaged curb and sidewalk section as needed throughout the 2 -block area; close unused driveways. (2) Construct curb and gutter in those sections where no curb and gutter exists. (3) Construct handicapped ramps and sidewalks at street intersections. F. Analysis This proposal represents the applicant's desire to expand upon an existing condominium development through the Short -Form PUD process by adding additional units that will be marketed mainly as rental ones. Staff is very supportive of the developmental concept, and is pleased to finally see an attempt made at completion of the project; however, a significant -problem has been found with the plan site density. It is felt that it is overbuilt and not truly representative of the Downtown Plan, which theoretically advocates densities similar to that proposed, but in a high-rise building scheme. Perhaps, more livable and open space can be created by shifting the buildings around. The applicant should investigate this. An alternate plan should be submitted indicating parking design on the additional lot if a railroad spur, which bisects the lot, is not obtained. G. Staff Recommendation Approval, subject to comments made. SUBDIVISION COMMITTEE REVIEW: The Committee reviewed the application. The main issues discussed concerned the density of the project, possible opposition by neighboring property -owners and the submission of an alternate plan on that site indicating all of the property that the applicant is in control of or evidence of control over the block that includes the railroad spur. PLANNING COMMISSION ACTION: By request of the applicant, a motion was made to withdraw the item without prejudice. The vote: 10 ayes, 0 noes and 1 absent.