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property shortly after that approval. Northwestern College has since vacated the building. At the time of the IUP approval, the City was just beginning the process of developing the Guiding Plan for the B-2 District, which was ultimately adopted in October 2008. The City's zoning regulations were consequently amended to incorporate the goals of the Guiding Plan for the B-2 District shortly after it was adopted, including design standards for new construction. In 2011, the City reviewed and approved a subsequent proposal from Select Senior Living to convert the building into assisted senior housing. Select Senior Living has since ended their negotiations with the property owner to purchase the property for this use. 1. Overview of Request TAT Properties is now requesting a Master and Final PUD to allow the reuse of the existing building at 1201 County Road E as 120 rental units. The existing building is 155 units, 70 of which would be converted into 35 one-bedroom units. There are 5 existing one-bedroom units in the property; therefore, the final mix would include 40 one-bedroom and 80 efficiency apartments, for a total of 120 units. The applicant would install a counter top, sink, under counter refrigerator, base cabinet drawers, and a cook top and oven in each unit. The applicant would bring the property up to building code requirements, and is proposing improvements to the main floor in terms of tenant amenities (Attachment A). The applicant is requesting a phasing plan for the building that would allow him to complete renovations on the first two floors only. It is unclear from the application how many one-bedroom units would be included in the first phase. The remainder of the units, located on the third and fourth floors, would be converted over time, as the market dictates. The third and fourth floors would remain vacant in the interim. At this time there is no plan for reuse of the McGuire's space, or the banquet facilities that are located on the main floor of the hotel. It is anticipated that these spaces would be reused at some point, though it is unclear what that might be. These spaces would remain vacant in the interim. In addition to the request for Master and Final PUD, TAT Properties is proposing to subdivide the property into two parcels, reserving the eastern two acres of the site for a future development option that has yet to be determined. The submitted plans include a conceptual drawing of what might be possible on Lot 2, but the applicant is not seeking approval for development on Lot 2 at this time. In order to accommodate the request for the subdivision, City of Arden Hills Planning Commission Special Meeting for April 18, 2012 P:I PlanningWlanning Casesl20l2U2-009-1201 County Road E-PUD and Plat(Pending)104-18-12-PC Report-1201 County Road E PUD.docx Page 2 of 16