04-16-2018 Planning Commission Packet

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SITE AREA NUMBER OF UNITS NUMBER OF BEDROOMS AVERAGE SIZE OF UNITS 2.55 ACRES 56 UNITS 21.9 UNITS/ACRE 72 BEDROOMS (2X16 +24+16) 28.2 BEDROOMS/ACRE 964 SF By comparison the Stonebay Condos at 2670 Kelley Parkway the numbers are: Site area 125,242 sf 2.87 acres Number of units 57 condos (19.9 units/acre) Number of bedrooms 114 bedrooms (39.7 bedrooms/acre) (all units are 2 Bedroom units) Average unit size 1800 sf (smallest unit is 1500sf and largest is 2100 sf) SUMMARY POINTS TO CONSIDER: We are limited in the ability of put the garage level totally underground by groundwater conditions. The project concept proposed meets all setback requirements and height requirements. 1. Market Rate Rental Housing There is a high demand in the area for high quality market rate rental housing. There currently is no rental option in the area of this quality. A full range of available housing will provide Orono residents a needed option which would allow them to remain in the community when looking for housing. 2. Density Evaluation The density of this project compares favorably with the Stonebay condo project. Orono Apartments density is 21.9 units/acre while the Stonebay project is19.9 units/acre. While units per acre is one measure of density other factors are worth taking into account. In addition to being similar in units per acre, Orono Apartments are averaging just over half the physical size of the Stonebay project. Orono Apartments average 964 sf in area. Stonebay units average approximately 1,800 sf When comparing the density of bedrooms Orono Apartments are at 28.2 Bedrooms/acre while Stonebay Condos are at 39.7 Bedrooms/acre. The number of bedrooms generate residents and car traffic. Both size of units and bedroom density are measures that effect the impact of the project on the site. And both are significantly reduced on our site.