PZ-18-00030-02:  Concept Zoning Map Amendment, requested by Miramonte Holdings, LLC., of approximately 13.49 acres located at 5531 East Cortland Boulevard from the Highway Commercial (HC), Light Industrial-Open (LI-O), and Research and Development (RD) zones to the High Density Residential (HR) zone.  The development site is already located within the Resource Protection Overlay (RPO).

Staff believes that the proposed Zoning Map amendment is in substantial conformance with the required findings and recommends the Planning & Zoning Commission forward the request to the City Council with a recommendation approving an amendment to the Zoning Map for 13.49 acres from the Highway Commercial (HC), Light Industrial-Open (LI-O) and Research and Development (RD) zones to the High Density (HR) zone, subject to the following conditions:
 

1. The subject property shall be developed in substantial conformance with the concept zoning plan and project narrative including but not limited to the density and intensity and general layout approved by the Inter-Division Staff (IDS) on September 29, 2021, with this request except as modified herein.
2. Development of the HR zone shall be limited to the number of units (139) identified in the concept zone plan and used for the preparation of all impact analysis.  There shall be no more than a 10% increase or decrease in the total number of units identified in the concept zone plan.
3. All other requirements of the Zoning Code and other City codes, ordinances, and regulations shall be met by the proposed development.
4. All terms, conditions, and restrictions detailed within the “The Lofts at Continental Development Agreement” must be fully satisfied.
5. In the event the property is rezoned, and the applicant fails to obtain final Civil Plan approval within two (2) years of the effective date of the rezoning ordinance, then the City may schedule a public hearing before the City Council for the purpose of causing the zoning on the Property to revert to the former classification of Highway Commercial, Light Industrial-Open and Research and Development in accordance with A.R.S. § 9-462.01.