12-0402023 JDA Agenda Packet - Laserfiche WebLink

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Commissioner Monson agreed and thanked staff for providing visuals on the different types of densities within a suburban landscape. She noted only the Town Center area would have the look and feel of a high density residential development, while the remainder of the development would be low density. Commissioner Fabel asked if the multi-family housing would have underground parking or surface parking. Ella Mitchell stated typically in an urban environment the parking was underground while suburban developments include surface parking. Alatus Development Scenario Presentation Director Collins stated Alatus has prepared a presentation of proposed land uses changes that would allow for more housing on the site. Bob Lux, Alatus, introduced his team members to the JDA. He explained this was a complex project and the density element was important for the JDA to consider in order to understand what the neighborhoods would look like. He indicated he was primarily a high density developer. He believed density was your friend for so many different reasons. He commented on the cost for underground parking noting underground parking cost $35,000 to $40,000 per stall. He reported his team would be presenting a concept for the development but noted he would be looking for dialogue from the JDA. He reported some density within the development was concentrated in the Town Center South and Southwest Corner. He reiterated that this was only the beginning of the process. Alex Duval, who works with Alatus, introduced himself to the JDA and described how Tom Shaver and Todd Stutz would be contributing to the project. He reported a proposed increase of 500 units has been recommended for the density. This would take the project from 1,460 to 1,960 units. He stated in preparation for this project there has been a demonstrated demand for units in this region. He proposed to divide the additional 500 dwelling units into the Southwest Neighborhood and Town Center South. He reviewed slides of what the increased density could look like for each area of the development. The variety of housing proposed within the development was further discussed. The affordability opportunities within the development were addressed, noting he was hoping to find a balance on the site. He commented on the land use modifications that would be required to support the density of 1,960 units. Tom Shaver, Inland Development, commented on the dynamic changes that have occurred in the commercial world since 2015. Todd Stutz, Robert Thomas Homes, explained his focus would be on the Hill and the Creek neighborhoods. He commented on the housing types that would be considered for this project and stated he was looking forward to participating in this high quality development. 6