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Memorandum <br />Date: September 19, 2024 <br /> <br />To: Honorable Mayor and City Council <br />From: Mark Statz, PE – City Administrator/Engineer <br /> <br />Subject:LaLonde Property Update <br />Background <br />Over the past year or so, the city has learned that the LaLonde property at 1687 Westview <br />Street was being marketed to developers, as the heirs to the estate were looking to sell the <br />property. Staff worked with the estate’s representatives to help them understand what <br />was allowed under the current zoning and what was not. The landowners brought <br />forward a development proposal in cooperation with Ebert Construction, for a 102-unit, <br />market rate apartment building. <br />After several public hearings on the development and for the use of Tax Increment <br />Financing to help make the project financially viable, the developer opted to pull their <br />application. <br />Through the process, the city has identified some inconsistencies within its guiding <br />documents for downtown redevelopment and is on a path to address those in the next two <br />months. In short, the proposed alignments between the various documents would result <br />in densities between 12 and 30 units/acre and a maximum of 2 stories in the M-2 Mixed <br />Use district which makes up the perimeter of the downtown area. <br />Development Choices for the Landowner <br />Under the current zoning (after the aforementioned alignments are made), the choices for <br />the developer would likely be limited to: <br /> 2-Story Apartment (35 – 87 units) <br /> Attached Townhomes (minimum 35 units) <br /> Selling the property for continuous occupation as a single family home <br />It is our understanding that the developer has been exploring townhome style <br />development options with several builders. Due to the terrain, most developers have told <br />the landowners that they could only feasibly build about 12 -15 homes on the property. <br /> <br />