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PLANNING CONSIDERATIONS: <br />6 June 1984 <br />1498-84 <br />Shorewood Corporation <br />Northwest Corner of Trunk HI-ghway 36 and Rice <br />Street <br />F.- mendment tio Comprehensive Plan <br />■ Mr,. Howe has successfully, put, the tw�o properties together, and initially <br />examined the possib3ility of developing apartment units on the site in <br />accordance with the density that would be allowed under the R-6 zoning,, <br />01 <br />R-�61 i's a medium, density ne to which Par el A, could have been zoned based <br />a, <br />on the designatloin of medium density, for this property in the <br />comprehens 10ve plan,. <br />3. A total <br />of 43 <br />units could be built owthe site under the R-6 <br />density plus <br />a small <br />office <br />building on the frontage on, Rice Street as proposed by Mr. <br />Howie in <br />his initial development concepts,,,, Mr,, Howe informed <br />us recently, <br />however, <br />that <br />he cannot economically develop the land w* <br />ith <br />43 units and <br />that he <br />would <br />either have to, driop the prioj"iect or attempt to <br />get approval <br />from the <br />City, <br />for the development of' 60 unimits on the siteo <br />W <br />