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TRNTl.)evelopmentL.LC' <br /> 3601 18`h Street South • Suite# 103 • St.Cloud,MN 56301 <br /> Phone:320.258.4438 • 320.252.3603 <br /> January 23,2019 <br /> Jeremy Barnhart,AICP <br /> Community Development Director <br /> Members of the Orono Planning Commission <br /> City of Orono <br /> 2750 Kelly Parkway <br /> Orono,MN 55356 <br /> RE: RESIDENTIAL PLANNED UNIT DEVELOPMENT(RPUD)CONCEPT PLAN <br /> APPLICATION FOR MARKET RATE APARTMENT DEVELOPMENT <br /> Mr.Barnhart and members of the Orono Planning Commission: <br /> Trident Development LLC is pleased to submit this request for your consideration of a residential planned <br /> unit development(RPUD)concept plan application for a market-rate apartment development in the City <br /> of Orono. The following narrative is intended to generally describe the proposed project,as well as the <br /> experience of the development team. <br /> OVERVIEW— <br /> The proposed project is a 75-90-unit market-rate apartment building located on a 3.69-acre site in <br /> northern Orono near the intersection of Wayzata Boulevard/Willow Drive North. Offen Bros Nursery <br /> and Harvest Moon are located just to the east of the subject property,and the Stonebay residential <br /> development is located directly to the north. The current property owner is Central Orono LLC <br /> (University of St.Thomas). This project is a 2-2.5 story,wood-framed,apartment with a mix of <br /> structured underground parking and surface parking. <br /> Trident Development LLC will be the project manager and Granite City Real Estate LLC will likely be <br /> the long-term operator. Trident Development and Granite City Real Estate have a long history of <br /> successfully developing,owning,and operating multi-family living projects. Because Trident <br /> Development and Granite City are partners,additional care is given to:the design/quality of the building, <br /> how it will last the test-of-time,how the project fits within the community,and how well it will serve the <br /> needs of residents. <br /> This development will address an unmet need within the Orono market-rate apartment living marketplace <br /> by providing 75-90 high-quality market-rate units to the community. <br /> Page 1 of 8 <br />