2918 HOYT AVE 2016-01-01 MF Import

[JMRRATIVE STATIT1EhT The present zoning of the sunject property is i3.3, central business zone. 'Pi�e pro� ecty is presently occupied by a small office building with an upper back space utilitizc� for an apart�rent space. The propo.,ed use would re�nove alJ existing pro�erty construction and provide a new office building oE two stocies in its alace. In ordeL to accanplish this, the a�plicant requests a varianc��to the otf-street parkiny requirements. This would include waving a reyuiegnent for providing a total of eleven on-site �arking spaces, and rcyuicing only three be placed on site. Duilding area would be limit� by the total of eleven ��arkiny spaces per Section 19.90 L�erett Zoning Ca3e as required foc uusiness use. The existing lot width is twenty five feet. 9'his severely li:nits the a�licants hiyhest arx3 best use of this ptoperty. P:hile lot de�th is substantial and there is an alley access, parking off the alley wi11 econanically provide only Eor a maximum of tliree spaces in relation to buildable lot area. '1'his pro�erty is croincidently one of very Few downtown properties that paid several thausand dollacs toward the L.I.D. for the Bverpark Park Garaye, while not ex�npt fran providing ofE street parking (pe� parking exsnpt zone) . The �vecpack Pack Garaye is less than 1/2 blccks away and there is a private parking garage accoss the stceet. The impact ot this building on parking �vailability in the area is very 9na11. The surcourx�iny area arx� public welfare should in fact l�e enhanced by a new, well designed and attcactive office buildiny at this site.