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FEATURES & AMENITIES This apartment community is anticipated to include the following amenities and features: • Spacious entry lobby with seating attractive design • Community room for resident parties, resident happy hours, and family gatherings • Commercial kitchen with limited meal services • Spacious outdoor patio and grill area • Rooftop sky lounge with outdoor fireplace and game room; including a golf simulator • Fitness center with gym -quality equipment • Private tenant storage lockers • Centralized mail delivery area, with automated parcel handling system • Security and surveillance camera system; controlled access entry system • Extensive open space and trail system • Activities and events programing • Professional on -site management ZONING The subject property currently includes three zoning district assignments: R1 Single Family Residential, Planned Unit Development, and B-1 Limited Business District. In July of 2022, the property was approved for a Comprehensive Plan Amendment re -guiding the use to "R4 High Density Residential'. A zoning amendment will still be required to proceed with the proposed development. Listed below are the anticipated formal land use applications/approvals that will be required for this proposed senior living apartment project: • Zoning Amendment — change to R4 Multiple Family District ('base zoning district") • Planned Unit Development (PUD) — including a release from the previous PUD • Condition Use Permit (CUP) — including a release from the previous CUP • Subdivision/Plat — including a release and reestablishment of various easements • Project will trigger review by: MnDOT, MnDNR, Rice Creek Watershed District, and the Ramsey County Highway Department LAND USE Based on Developer's review and interpretation of City Zoning Code, the R4 Multiple Family District does allow for multi -family apartment buildings. Developer is proposing an age -restricted, multi -family, apartment building. Developer is not aware of any required deviation to City Zoning Code for this proposed use. NOTE: Developer is utilizing the R4 Multi Family Zoning District as the "base district" for this proposed project. As mentioned in the above Zoning section, this will require a Zoning Amendment. LOT SIZE & DENSITY Based on Developer's review and interpretation of City Zoning Code, the R4 Multiple Family District allows for a maximum lot size of 3,030 sf per dwelling unit. The subject property is approximately 10.75 acres, or 468,270 sf. 468,270 sf / 3,030 sf = 154 maximum units. The Developer is proposing 124 units. Developer is not aware of any required deviation to City Zoning Code for lot size and density. NOTE: this site is also encumbered by the City's Shoreland Overlay District. Said district requires a minimum lot size of 40,000 sf. It is the Developers interpretation that this proposed project complies with said section of City Zoning Code (lot is 446,054 sf). Page 5 of 10