Adopt Resolution #25-058 Approving Time Extensions for Preliminary Plat and Site Plan Review of Haviland Fields.

Haviland Fields, a multi-family residential development on a portion of the Lord of Life Church campus at 14501 Nowthen Boulevard NW, was approved in mid-2024.  The project consists of a senior age-restricted apartment building, senior rental townhomes, and a market-rate non-age-restricted apartment building.  The developer, Presbyterian Homes Housing and Assisted Living, Inc., has requested a 2-year time extension in the event the project does not start construction this summer.  The current interest rate and building materials markets are problematic and so the developer is looking to hold off until prices are more favorable to commence the next steps--final plat, development agreement, and then building permits.  

Staff recommends approval of the time extension.

Motion to adopt Resolution #25-058 approving time extensions for preliminary plat and site plan review for "Haviland Fields."