02-26-2024 CC Agenda Packet - Laserfiche WebLink

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Item No.: 9 Date: February 26, 2024 Presenter: Laura Oakden Presenter: Community Development Director Section:Community Development Report Title: LA23-000067, Lakewest LLC, 3245 Wayzata Blvd, Concept Plan 1.Purpose: Review the proposed concept plan for a 156 unit condo development and provide nonbinding feedback to the applicant for preparation of a formal preliminary plat application. 2.Background: The applicant is proposing to develop the 30.5 acre property at 3245 Wayzata Blvd W (currently two parcels) into a master planned condominium-type development. This area is identified as having split land use density guidance within the Comprehensive Plan for Urban High density (20- 25 units/acre) on the south and Urban Low density (3-8 units/acre) on the north side. The property is currently zoned RR-1B (2 acres) which is inconsistent with our comprehensive plan guidance for the property which has the highest density guidance in the City. The property is located within the MUSA and is anticipated to be served by city water and sewer. There are large areas of wetlands, floodplain, and contaminated soil (from an old landfill) on the site. The property has been the subject of several development proposals over the past 7 years, including a twin home development, an apartment complex, and townhome development. All previous approvals have expired. A. Proposal. The proposed plan shows seven separate buildings ranging from 18- 24 units per building in a multifamily condo-style development totalling156 units. The developer is proposing a two-phased approach. The first phase will include five buildings with a total of 108 units; and the second phase (south) will include two buildings with 48 additional units. Each building is proposed to have underground parking and the overall the development will provide additional surface parking spaces. The buildings are arranged around open space and a proposed community amenity which will include a pool, clubhouse, and play area. B. Landfill Cleanup. The developer is working with the MPCA to address the landfill cleanup. The developer notes that it is a high priority to address the environmental cleanup on the site. They are proposing to remove the contaminated materials from the water table and wetland. The contaminated material will be kept on site in the area shown as berm, and properly capped on the south side of the property. Access to the property will be provided by a single drive off of Wayzata Boulevard. This access will need to be approved by Hennepin County. 3.Analysis: Following the January 16, 2024 Planning Commission meeting staff has conducted further analysis with the Met Council regarding the proposed density. As proposed there are approximately 7.75 acres of developable land (subtracting wetland, MPCA berm, and buffers). The 156 proposed units results in a density of 20.1 units per acre for the site. This density level falls into the Urban High Density Residential land use category (20-25 units/acre). The land is currently split into two land use densities (Urban High and Urban Low). Based on the plan and the AGENDA ITEM 141