7C, Planning Case 10-008 - Arden Plaza Master & Final PUD

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9. The applicant shall conform to all other City regulations. Chair Larson opened the floor to Commission questions. Commissioner Holewa stated the City and Staff had spent a lot of time on developing the design standards and vision for this area and recommending approval of this amendment would be moving the City away from the approved vision for this area and building 3 might never be built. City Planner Beekman explained the building 3 would remain in the Master PUD as a potential future development and this amendment would only remove it from being a requirement with the construction of Phase I. Staff did not anticipate the amendment to create a negative impact on the i�lmediate area, the overall vision for the B2 District, or the community as a whole. Commissioner Zimmerman stated he was please to see the developer reacting to the current economy. He stated it was favorable that this area would be landscaped at this time rather than leave it empty or having an unoccupied building on the property. There was a possibility that building 3 would be built in the future once the economy has improved and the demand for this type of space has increased. Commissioner Thompson agrees by approving this amendment the City runs the risk of building 3 never being built but the green space in its place is appreciated. There is the capacity for expansion in existing building 5 at this time for additional business and there would not be a large vacant building on the property. She asked if the land ownership would be the same and if the land would still be separated into three parcels. City Planner Beekman explained the approved Preliminary Plat is still moving forward. The first stage was Walgreens and they would purchase lot 1 and lot 3 would remain a separate lot but would be maintained under the same ownership as building 5, which is Wellington Management. If there is a tenant who would prefer to own the property then Wellington Management does have the option to sell lot 3. Cornmissioner Holewa asked if the parking lot would be constructed with Phase I and who would retain the ownership and be responsible for the maintenance of the proposed green space. City Planner Beekman explained the only change to Phase I would be the exclusion of building 3 at this time. The parking lot would be completed with Phase I. The owner of the property for building 3 would be Wellington Management unless it is sold to another party such as Walgreens. The developer, Arden Plaza LLC, is paying to have the green space added and Wellington Management, who would currently own it, would be responsible for the maintenance of the property unless this property is sold.