Ordinance 3369-14 - Laserfiche WebLink

• How the site's proximity to Silver Lake should influence future uses, and appropriate design and development standards. • Traffic congestion and circulation, pedestrian circulation and safety, bicycle safety, and recreational use of public trails in the vicinity of the Property. • Impacts of future uses on the character of the Silver Lake neighborhood. • Other matters determined by the City to be appropriate related to the Property and Silver Lake neighborhood. 5. There were several public meetings at which future plans for the re-use and redevelopment of the subject property were discussed, including the following: • March 6,2013 —The City Council held a public hearing on the interim regulation. Taylor Development,the property owner,provided testimony about their plans for the property. • May 2, 2013 —The Silver Lake Neighborhood organization hosted a conversation between the community and Taylor Development, attended by approximately 35 people. • July 16, 2013 —A Planning Commission public workshop was held at Silver Lake Elementary School to talk about Taylor Development's proposal for about 100 townhouse dwellings. • September 17, 2013 —A second Planning Commission public workshop was held at Silver Lake Elementary School to talk further about Taylor Development's proposal. • January 9, 2014 — The Silver Lake Neighborhood organization hosted a presentation by City staff about the shoreline permit process. 6. The City,Taylor Development, and the Silver Lake Neighborhood discussed all of the elements in the work plan established by Ordinance No. 3314-13, and determined the following: a. The use of the property for commercial purposes,with the exception of auto- oriented uses such as fast food restaurants,banks with drive-up teller stations, drive-up pharmacies, and espresso stands, does not appear to have enough market support given the amount of developed and underperforming retail space in the vicinity,and additional commercial zoning that already exists in the area. b. The property owner,Taylor Development,had recently purchased the property with the intent to consider residential development for the site,rather than for commercial or mixed use. Taylor Development's own market feasibility analysis supported the conclusion stated above. c. 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 PC Resolution 14-02 2