2014/02/19 Council Agenda Packet

1 commercial or mixed use. Taylor Development's own market feasibility analysis supported the conclusion stated above. • Taylor Development proposes townhouses intended for sale to individual homeowners at a density of approximately 14 dwellings per acre, while most of the multiple family housing that has been developed in the vicinity is closer to about 20 dwelling units per acre. Most of the existing multiple family housing stock in the vicinity is rental housing,though there are a small number condominium housing developments around Silver Lake. • The development proposed by Taylor Development will comply with the City's design standards for multiple family housing. Taylor has committed to using high quality building materials for the exterior of the townhomes. • The subject property is located between Safeway and the Reflections apartment property. While it will improve the quality of the built environment along the highway frontage, it is not likely to significantly change the character of development in the vicinity, as most sites are already intensively developed. • The public is very interested in extending the existing trail system around Silver Lake off-site,but in the vicinity of the subject property. The public also expressed interest in having the ability to enjoy the view of Silver Lake from the subject property. • Taylor Development has agreed to contribute funding to extend the off-site public access trail on the City's Green Lantern Park site. • Taylor Development has offered to provide an easement for pedestrian access between 110th Street SE on the north side of the property and 19th Avenue SE on the south side of the subject property, for pedestrian convenience. • Taylor Development has offered to provide a view point on its property for use by the public, as suggested during the public planning process. • The proposed development will create a pedestrian friendly street frontage along 19t1i Avenue SE, and will encourage pedestrian activity with the extension of the public trail on the Green Lantern Park site and the pedestrian corridor through the subject property. • Traffic congestion will be mitigated by having two points of ingress and egress to the site,with restricted no left-turn movements allowed on 19th Avenue SE (SR 527). Pedestrian convenience will be improved with the trail extension on the south side of SR 527 on Green Lantern Park, and the public pedestrian easement between SR 527 and 110th Street SE. • Taylor Development has reported that Safeway is pleased with the prospect of 100 additional dwellings adjacent to their Silver Lake store. • Taylor Development will restore and enhance the stream/wetland buffer along the east side of the subject property. 3 4