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HomeMy WebLinkAboutPEC130008 APPROVAL, RECEIPT, AND EHU CALCULATION0, JJN17'Y DEEVEDWYAMENT Planning and� Environment4l Commisson 71 F 0 S IV IIDepai'lment allif Communit, y IIDevelopment", 75 S uu h ii ,'0 n a d, Vail, ora do 1 W 7" t",, : 970.479.2.139 f 970.479.24.52, b :� www. iiii l Project Name: WALL ST BLDG VARIANCE PEC Number: PEC130008 Project Description: VARAINCE TO EXPAND THE SITE COVERAGE BY 228 SQUARE FEET IN ORDER TO EXPAND THE AT -GRADE RETAIL SOUTH TOWARDS THE HONG KONG BUILDING. THIS APPLICATION WAS UPHELD BY THE TOWN COUNCIL ON JULY 21 2013. Participants: OWNER WALL STREET OFFICE LLC AND W 02/11/2013 Phone: 970 - 479 -7131 C/O SOLARIS PROPERTY OWNER LLC 141 E MEADOW DR #211 VAIL CO 81657 ARCHITECT MICHAEL SUMAN ARCHITECT, LLC 02/11/2013 Phone: 970 - 471 -6122 PO BOX 7760 AVON CO 81620 License: C000001764 APPLICANT WALL STREET OFFICE LLC AND W 02/11/2013 Phone: 970 - 479 -7131 C/O SOLARIS PROPERTY OWNER LLC 141 E MEADOW DR #211 VAIL CO 81657 Project Address: 225 WALL ST VAIL Location: WALL STREET BUILDING UNIT 301 Legal Description: Lot: B,C Block: 5C Subdivision: VAIL VILLAGE FILING 1 Parcel Number: 2101 - 082 - 2200 -1 Comments: See conditions Motion By: Kurz Second By: Ca rti n Vote: 5 -0 Conditions: BOARD /STAFF ACTION Action: APPROVED Date of Approval: 07/02/2013 Cond: 8 (PLAN): No changes to these plans may be made without the written consent of Town of Vail staff and /or the appropriate review committee(s). Cond : 300 (PLAN): PEC approval shall not be not become valid for 20 days following the date of approval. Cond: CON0013649 This variance approval is contingent upon the applicant obtaining Town of Vail approval of the associated major exterior alteration application. Planner: Warren Campbell PEC Fee Paid: $500.00 ************************************************************* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** TOWN OF VAIL, COLORADOCopy Reprinted on 02 -11 -2013 at 13:08:43 02/11/2013 Statement ************************************************************* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** Statement Number: R130000081 Amount: $500.00 02/11/201301:07 PM Payment Method: Check Init: DR Notation: BANK CHECK - WALL STREET RETAIL ----------------------------------------------------------------------------- Permit No: PEC130008 Type: PEC - Variance Parcel No: 2101 - 082 - 2200 -1 Site Address: 225 WALL ST VAIL Location: WALL STREET BUILDING UNIT 301 Total Fees: $500.00 This Payment: $500.00 Total ALL Pmts: $500.00 Balance: $0.00 ************************************************************* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** ACCOUNT ITEM LIST: Account Code Description Current Pmts -------------- - - - - -- ------------------------ - - - - -- ------ - - - - -- PV 00100003112500 PEC APPLICATION FEES 500.00 Commercial Linkage, 12 -23, Vail Town Code Each commercial development or redevelopment shall mitigate its impact on employee housing by providing EHUs for twenty percent (20 %) of the employees generated. Employee Generation Type of Use Retail store /personal service /repair shop Business office and professional office (Excluding real estate office) New Net Floor Area Proposed Employee Generation Rate 2.4 employees per 1,000 feet of new net floor area 3.2 employees per 1,000 feet of new net floor area Retail Store 928 feet of new net floor area 928 feet x 2.4 employees / 1,000 feet x 20% mitigation rate = 0.45 new employees Business / professional office 459 feet of new net floor area 459 feet x 3.2 employees / 1,000 feet x 20% mitigation rate = 0.29 new employees Fees In Lieu (March 5, 2013) Current Fees in Lieu for Commercial Linkage $84,298 per employee Fees in Lieu For New Net Floor Area Proposed 928 feet of new net retail store floor area = 0.45 new employees 0.45 new employees x $84,298 = $37,934.10 459 feet of new business / professional office = 0.29 new employees 0.29 new employees x $84,298 = $24,446.42