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The lower- density housing should be placed closer to the existing neighborhood to the north and to include the open space as front and back yards to the single family hones so that `neighborhood eyes P' can always remain on the area; the public use and open space would be maximized. The new single - family homes are proposed as small lot, ore- to two -story first time homebuyer units that would be ideal for young families with small children. For -sale townhomes are recommended for the south side of the site close- to the wetland and a small open space area, Single or multi-level townhomes would attract young professionals or empty nesters having no interest in yard maintenance. Such townhomes are considered an {`affordable" purchase or rental alternative to single- family homes and can also serve as a first -tune home purchase option High-density condo project or apartment building should be placed on the north side of the site. Sophisticated designs for undo or apartment uses are a more appropriate level of density near existing higher - density housing and business uses in part because their building mass can help reduce the noise and light impacts from business areas. The site will have views of the wetland area and have trail connections to the open space and the neighborhood. 6. Property Tax: The current land was bought by the City with funds from the Economic Development Fund. It is in Tax Increment District # 12 but has no property tax at this time since the city owns the site. Any new development will provide an increase in the property takes. It is estimated from the United Properties original proposal, the project would generate $ 20,000 to $230,000 in new property taxes. 6.5 residents: The Community Development Department has determined that there will be an estimated 290 to 315 near residents when fully built out. 7.0 PROJECT I IPA T : 7.1 Traffic has previously been reviewed by the City's traffic and parking consultant Glen van Wormer (SEH) and is estimated in the Arona-Ham fine Master Plan. Generally, the propose traffic generated from the proposed redevelopment project will not be excessive -- cspeci al ly because over 0% of the housing units will be senior units. Specifically, it is anticipated that the AM Peak Hour will generate 31 trips, of which 12 trips will use Arona Street and 19 will use Terrace Drive. The PM Peak Hour will generate 37 trips} of which 23 will be using Arona Street and 14 will be using Terrace Drive. The Daily Traffic Volume will generate 564 total trips, of which 328 w ill use Arona Street and 236 will use Terrace Drive. The consultants (Glen van wormer — EH) analysis is attached along with the analysis from the Presbyterian Homes redevelopment project. PF3457 — RCA Anna Concept Plan - 033103 Page 8 of 11