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Page 4 of 5 <br /> <br />Option B allows developers more flexibility than Option A with regards to housing type while <br />still establishing strict controls over density. Estimates of total number of units under Option B <br />are as follows. <br /> <br />Creek Neighborhood – 43 gross acres (31.2 net acres) <br /> % of Total <br />Area <br />Gross Density <br />Maximum <br />Number <br />of Units <br />NB – Low Density 60 2 units/acre 52 <br />NB – Med Density 30 4 units/acre 52 <br />NB – High Density 10 6 units/acre 26 <br />Total Units 130 <br />Note: Net acreage excludes right-of-way. Both net and gross acreage exclude parks. <br /> <br />Hill Neighborhood – 66 gross acres (47.6 net acres) <br /> % of Total <br />Area <br />Gross Density <br />Maximum <br />Number <br />of Units <br />NB – Low Density 20 2 units/acre 26 <br />NB – Med Density 40 4 units/acre 106 <br />NB – High Density 40 6 units/acre 158 <br />Total Units 290 <br />Note: Net acreage excludes right-of-way. Both net and gross acreage exclude parks. <br /> <br />Option B would result in approximately 420 maximum residential units. Developers may build <br />at a density of less than the maximum in each district, so the total number of units could be less <br />but not more. <br /> <br />Under Option B, the permitted use table would be adjusted as follows. Developers would have <br />greater flexibility in the types of units built, so long as overall gross density did not exceed the <br />maximum for the district. <br /> <br /> Zoning Districts <br /> NB – Low Density NB – Med <br />Density <br />NB – High <br />Density <br />Cl <br />a <br />s <br />s <br />i <br />f <br />i <br />c <br />a <br />t <br />i <br />o <br />n <br />s <br /> Small Lot Single <br />Family Permitted Permitted Permitted <br />Medium Lot Single <br />Family Permitted Permitted Permitted <br />Large Lot Single <br />Family Permitted Permitted Permitted <br />Small Multi-Family Permitted <br /> <br />Both Options A and B achieve the City Council’s objectives for maximum number of residential <br />units and are consistent with general market feedback. Option A would allow approximately 408 <br />total residential units. Option B would allow approximately 420 units. At the November 3, <br />2014, City Council work session meeting, Mayor Grant stated that he felt a total of 430 units <br />between the Hill and Creek neighborhoods would be reasonable. Staff analysis based on market