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