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The applicant is also seeking process direction. Staff has reviewed the process options and provided a comparison of the development review process options for the PEC review.
The following table compares the . .
Three process options exist for redevelopment review of the subject site. First, the applicant may pursue an amendment to the Special Development
District (SDD) 4. Second, the applicant could apply to be a part of the Lionshead Master Plan and rezone the site to ,
Existing Conditions
LMU-1
Potential amendment to SDD 4 Cascade
Village
Special Development District
SDD 4 Cascade Village
??
Zoning
No current underlying Zoning district
Land Use
Community Office
??
# of Buildings
1
Uses
Office
GRFA
Employee Housing. The Town has adopted Employee Housing s
Creek Improvments.
Art in public places.
Relocation of existing bike trail. The proposed concepts
may require the relocation of the existing bike trail on site.
Underground power easements.
Tree Preservation.
LEED Certification. The proposed project would include
Project Phasing.
The applicant has stated that project phasing would begin on the east side of the development to allow the existing office building to remain during construction.
FROM 2000 PROPOSAL:
2. Employee
Housing
The applicant is proposing the same quantity of employee housing units (2 EHU’s) as was previously approved. The scale of the project and the type of use
proposed will not generate as many employees as the previous 1988 approval, since that project included a micro-brewery and restaurant. The applicant has been working with the 2 EHU
requirement for the past several years.
A recent study (June 1998) on Town of Vail businesses shows that professional offices in Vail, on average, operate with 5.86 employees per 1,000
sq. ft. of net leaseable floor area. With other SDD projects the Town Council has required that 30% of the demand generated be accommodated either on-site or off-site, in the form of
deed restricted housing. The currently accepted standard for minimum square footage of housing required per person is 350 sq. ft. If we apply these numbers to this project we find
the following:
Employee Housing Generation
25,241 sq. ft. (net leaseable floor area) x 5.86 employees/1,000 sq. ft. = 148 employees
Employees to provide housing for = 148 x 30% =
44.4 (45) employees
Translates to 15,540 sq. ft. of housing
Staff would suggest that the applicant and Commission discuss the appropriateness of providing more employee housing units
in the building. A review of the plans indicates that a large portion of the top floor of the building could be used for residential purposes.
Zoning Analysis
The development statistics
for the proposed buildings in Area D are shown below (Note: Deviations from the 1999 SDD approval are indicated in BOLD)
Zoning: There is no underlying zoning prescribed for this
SDD
Lot Area: 78,307.81 sq. ft.
Standard 1999 SDD Approval 2000 SDD Proposal
Height: 72’ maximum 72’ maximum
Setbacks: Per development plan:
N: 1 N: 3’(+2’)
S:
10' S: 2’ (-8’)
E: 155' E: 164’(+9’)
W: 135' W: 151’(+16’)
Stream Setback: 55’ 50’ (-5 feet)
Site Coverage: 30% (23,492 sq. ft.) 29.4% (23,037 sq. ft.)
Landscaping: 59.7% (46,757.81 sq. ft.) 60.9% (47,678.81 sq. ft.)
(+921
sq. ft.)
Parking: 143 required per code 147 required per code
147 provided 142 provided (-6 spaces)
Commercial Floor
Area: 35,741 sq. ft. total/leaseable 34,300 sq. ft.
total/leasable
37,088 sq. ft. total/gross (-1,441 sq. ft.)
(14,000 sq. ft. gross existing)
Density: 0 DUs 4 DUs (+4)
2 EHUs 2 EHUs
GRFA: DU - 0 sq. ft. DU
- 8,000 sq. ft. (+ 8,000)
EHU - 1,865 sq. ft. EHU – 1,865 sq. ft
Loading and Delivery: 1 berth required per code 1 berth provided