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The Planning Commission tabled the application at the October 3, 2007, Planning Commission meeting at the request of the applicant. Additional time was needed for the applicant to discuss the results of the traffic study with Ramsey County and with the City. A revised traffic study has since been submitted (Attachment 3A-I). Unless otherwise noted in this report, the redevelopment proposal is unchanged from the information contained in the October 3,2007, version of the planning case report. The new information in this report includes the updated traffic study, the updated drawing ofthe monument sign proposal, and additional public comments. Proiect Proposal and Process 1. Project Description The 12.55 acre Arden Plaza property includes two buildings: a retail strip mall with approximately 55,000 square feet and the "pod office building" with 45,944 square feet of gross floor area. The applicant proposes to demolish the pod office building, construct three new buildings, retain the strip mall, and subdivide the property into four lots: Lot Size Building Coverage (sf) % Building Coverage % Landscaping Lot 1 - Retail Strip 287,693 52,580 18.28% 27.40% Lot 2 - Walgreens 80,229 14,490 18.06% 28.50% Lot 3 69,520 16,230 23.35% 23.60% Lot 4 44,075 14,300 32.44% 18.20% Total 481,517 97,600 20.27% 26.19% Requirement 13,000 or more 40% or less 25% or more '"'Lot and building numbers are from Sheet A 1.1 in Attachment 3D-1. The coverage numbers of Lot 3 and 4 are subject to change during the site plan review process for those properties. The proposed tenant for Lot 2 is a Walgreen's store. The developer does not yet have tenants for lots three or four. 2. Planned Unit Development (PUD) Process: The Planned Unit Development (PUD) process is typically at least a two step process. The first step is the Master PUD, and the second step is the Final PUD. In some instances, the Final PUD or a portion ofthe Final PUD is reviewed with the Master PUD. In other instances, the development is separated into phases over a period of time. This redevelopment proposal is a hybrid version ofthese two options, which is permissible. The PUD process is a tool that provides additional flexibility for developments that an underlying zoning district would not otherwise allow. For example, a PUD may change the City of Arden Hills Planning Commission Meetingfor November 7, 2007 \lMetro-inet.us\ardenhillslPlanning\Planning Cases\2007\07-0lB Arden Plaza PUD (In Review)\/ /0707 - PC Report -Arden Plaza -Master PUD.doc Page 2 of12