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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 and subdivide the property into two parcels. Select Senior Living has since ended their negotiations with the property owner to purchase the property for this use, and that approval expired. In April 2012, the property owner submitted plans to convert the former hotel into 120 units of multi-family housing. The request also included a proposal to subdivide the property into two parcels. The application was denied by the City Council on the grounds that there was not sufficient information provided in order to approve a Master PUD. Shortly after the denial the City passed a moratorium on new multi-family units while a zoning study was conducted. In September 2012, the City passed revised zoning regulations for multi- family housing units. The moratorium was lifted in October. 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 75 rental units. The applicant is not requesting a subdivision of the property at this time. The existing building has 155 hotel rooms. Once the conversion is complete, the building would consist of 21 efficiency units, 5 one-bedroom units,_18 two-bedroom units,and 3.1 three to four-bedroom units. The applicant would install full kitchens (counter top, sink, refrigerator, base cabinet drawers, and a range/oven) in each unit. The applicant would bring the property up to building code requirements. A number of amenities are proposed including a fitness center, wi-fi lounge, theater room, gaming room, indoor bicycle parking, and storage for tenants on each floor (Attachment A and E). All four floors of the building would be constructed at once. The former McGuire's restaurant and banquet facilities would be converted to approximately 20,000 square feet of retail at the same time as the apartment conversion. The applicant has a signed lease for the largest bay and plans to complete the renovations to that portion of the building by early spring. As part of the conversion,the exterior fagade of the west side of the City of Arden Hills Planning Commission Special Meeting for November 28, 2012 P:WlanningWlanning Cases12012112-019-1201 County Road E-PUD MAster and Final PlanW-28-12-PC Report-1201 County Road E PUD.docx Page 2 of 17