Consideration and Approval of Preliminary Plat: Request from Hunt Beaver, LLC for Preliminary Plat approval for Beaver Street Condominiums (case number: PZ-17-00187-04) - 8 residential condominium units located at 613 North Beaver Street on 0.33 acres to be developed using the T4N.1 (Transect) Zone standards.

This is a request for Preliminary Plat approval for an 8-unit residential condominium subdivision known as Beaver Street Condos. This project already has Site Plan approval. Approval of this plat will enable the applicant to sell the units instead of renting them.

No financial impacts are anticipated with this Preliminary Plat.

There are no policy impacts affiliated with this Preliminary Plat.

PBB Key Community Priorities/Objectives

• Robust Resilient Economy - Grow and strengthen a more equitable and resilient economy.

Regional Plan Policies and Goals

• Goal ED.8 Promote the continued physical and economic viability of the region’s commercial districts by focusing investment on existing and new activity centers.
• Policy E.1.4 Promote cost-effective, energy-efficient technologies and design in all new buildings for residential construction.
• Policy LU.5.1. Encourage development patterns within the designated growth boundaries to sustain efficient infrastructure projects and maintenance.
• Policy LU.5.2. Promote infill development over peripheral expansion to conserve environmental resources, spur economic investments, and reduce the cost of providing infrastructure and services.
• Policy LU.10.5. Consider vacant and underutilized parcels within the City’s existing urban neighborhoods as excellent locations for contextual redevelopment that adds housing, shopping, employment, entertainment, and recreational options for nearby residents and transit patrons.
• LU.18.4. Encourage developers to provide activity centers and corridors with housing of various types and price points, especially attached and multifamily housing.
• Policy WR.4.3. Development requiring public utility services will be located within the Urban Growth Boundary.

No.

1. Approve the Preliminary Plat with no conditions, as recommended by the Planning and Zoning Commission.
2. Approve the Preliminary Plat with conditions.
3. Deny the Preliminary Plat based on non-compliance with the Zoning Code, the Subdivision Code, and/or the Engineering Design Standards and Specifications for New Infrastructure.

The project consists of two (2) 3-story buildings. The total square footage of both buildings is 17,076 square feet. City Staff approved the Site Plan for the development (PZ-17-00187-01) on March 16, 2020. Civil plans are currently under review. Site plan approval was based on conformance with all relevant City Development Standards.
 
The project will develop according to the standards for the T4N.1 (Transect) Zone, the Townhouse Building Type, and the Stoop  Private Frontage Type. There are eight (8) residential units (four [4] units per building). All units have three (3) bedrooms and four (4) bathrooms. Six (6) of the units are 1,980 square feet; the remaining two (2) units are 2,598 square feet.

The City Inter-Division Staff (IDS) approved the Preliminary Plat on August 30, 2021. On October 13, 2021, the Planning and Zoning Commission voted on October 13, 2021 (6-0) in favor of forwarding the Preliminary Plat to the City Council with a recommendation of approval.

Staff approval of the Site Plan and Preliminary Plat signifies that the project complies with Title 10: Zoning Code, Title 11, General Plans and Subdivisions, and Title 13: Engineering Design Standards and Specifications for New Infrastructure.

However, the applicant has opted to create a Condominium Plat to allow the units to be sold individually (without this condominium plat, the units would be apartments). In this case, ownership is of the airspace within each unit and of the limited common elements (decks, driveways) associated with each unit. Shared areas inside each building and the spaces between the floor plates and walls are considered “common elements.” Tract “A” contains all areas outside of the buildings and the limited common elements. It will be maintained by the Homeowner's Association and will be used for parking and landscaping, a driveway, open space, and easements.

The community benefits of this project are encapsulated in the PBB Key Community Priorities/Objectives and the Regional Plan goals and policies that it meets, such as promoting economic development, providing a diversity of house types, and encouraging compact, infill development.