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_____________________________________________________________________________________________ City of Arden Hills City Council Meeting for August 21, 2017 P:\Planning\Planning Cases\2017\PC 17-021 - Pulte Homes - Concept Plan Review - Parkshore Drive Properties\Memos_Reports_17-021 Page 2 of 5 Family Residential District. However, the 2030 Comprehensive Plan guides the properties for Medium Density Residential, which are areas designated for apartment and townhome land uses providing densities of 6 to 9 units per acre. The Edgewater Estates townhome development (26 units) and Park Shore apartments (37 units) are located to the immediate north of the site. A single-family residential property borders the site on the southeast side. The City owns an approximately 4-acre parcel of land that borders the site on the west and extends north to the south side of Round Lake. This property is identified in the 2030 Comprehensive Plan as being part of the Arden Hills parks system, but it has not yet been developed by the City to include recreational amenities. The City previously approved a Final Plat and Planned Unit Development (PUD) for the site in 1989 that would have allowed for the construction of four stand-alone apartment buildings, one on each of the four lots. Each building would have included 16 units for a total of 64 units. The developer was unable to secure financing for the project and the PUD expired in January 1992. The previously approved PUD is now considered void. As part of the development approval, the City rezoned the site to R-4 – Multiple Dwelling District. However, because the PUD expired the zoning reverted to the R-1 District. Direction Future Land Use Plan Zoning Existing Land Use North Medium Density Residential, High Density Residential R-3 – Townhouse & Low Density Multiple Dwelling District Multiple Family, Single- Family Attached South Right-of-Way (Interstate 694) Right-of-Way (Interstate 694) Right-of-Way (Interstate 694) East Medium Density Residential R-1 – Single Family Residential Single Family Detached West Parks and Open Space Parks and Open Space Parks and Open Space Discussion Pulte Group is considering purchasing the four properties and developing the site for a townhome development called Parkshore Village. Pulte has experience in the metro developing similar types of infill sites and recently completed the single-family residential Fox Ridge development in Arden Hills in 2012. A similar townhome development was completed as part of the Pulte’s Enclave at New Brighton Exchange project located along Old Highway 8 at the northwest corner of Interstates 35W and 694. The Enclave project included 36 townhomes and 89 single-family homes. The Parkshore Village development would include 59 attached townhomes constructed within 11 separate buildings. Each of the stand-alone buildings would have four to six individual units. Units would range in size from 1,580 to 2,500 gross square feet and are expected to be priced from the mid-$200,000s to the low $300,000s. The concept plan shows that the majority of the townhome buildings would be located along the perimeter of the site and there would be a