Loading...
HomeMy WebLinkAbout3.b. Development Density at Akron AvenueAGENDA ITEM. Development Density At Akron Avenue AGENDA SECTION: Update PREPARED BY: Kim Lindquist, Community Development Director AGENDA NO. ATTACHMENTS: APPROVED BY: RECOMMENDED ACTION: Provide Staff Direction �t ROSEMOLIN T CITY COUNCIL City Council Work Session Meeting: September 13, 2006 EXECUTIVE SUMMARY BACKGROUND In July 2005 the City Council adopted the recommendations of the 42/52 Study Group regarding land use m that area. In the sprmg of 2006 the Metropohtan Council approved the MUSA expansion and land use changes for approximately 2000 acres, generally located north of County Road 42, east of Bloomfield Meadows neighborhood and west of Hwy 52 The City is currently conducting an AUAR to assess impacts of development m that area. Developers have begun to discuss different development scenarios for the property they control. DISCUSSION Areas around Akron Avenue were designated in the Comprehensive Plan for a combination of residential and commercial. The residential was a mix of low, medium, and high density residential development Since that time the residential market has been slowing down and we are hearing reports that the attached housing market has become saturated with units coming on line. Under these circumstances staff would like some direction from the Council m terms of the development style and type of density expected in this area. There are approximately 44 acres of high density residential property and 292 acres of medium density residenual property designated m the Amendment. Staff would like to discuss the expectations of the Council relating to the densities adopted and the current market conditions.