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,ell . . .. .. . . 400 SITE CHARACTERIS TIC' s/DE VELOPTENT PROPOSAL 2,6 4.1 The property located at 2570 Cleveland Avenue is the former Old Dominion Freight 2`7 Lines site. The property is 4.9 acres in size and encompasses six lots (or portions of lots), 2,8 Lot 1-3 and Lots 18-20- Block B_ Twin View- The DrODertv lies adiacent to Cleveland 2,9 Avenue (west)l,, the undeveloped Iona Lane (north)l,, and the undeveloped Mount Ridge 30 Road (east),. The property has a Comprehensive Land Use designation of Business Park 31 and an existing zoning designation of General Industrial (1-2)1 . 32, 4�.2 Metro Transit has been working with Cent Ventures 2 on the purchase of a 1.2+ acre 33 parcel of land in the northeast comer of the parcel. In June of this year, Metro Transit 34 brought forward a "sketch plan"' to both the Planning Commission and City Council of 35 their desire to locate a park and ride facility in Roseville. 36 4.3 On September 3, 2008, the Planning Division sought and received an approval 3 7' recommendation from the Planning Commission for a Preliminary Plat by Cent Ventures 38 2 re-platting of the 6 lots into 2 lots; Lot 1, Block I for the park and ride facility and an �p 1 39 Outlot that would remain undeveloped. 52 53 54 W M M 4.4 The Metro Transit proposal calls for improving Iona Lane from Cleveland to the Mount Ridge Road location. Temporary access to the park and ride facility would be from Old Dominion's existing Cleveland Avenue access. Buses would access the parcel and travel northeast to the park and ride facility. Until such time as Mount Ridge Road and/or Twin Lakes Parkway is constructed,, a temporary passenger loading area would be located on the west side of the facility and buses would access Cleveland Avenue via Iona Lane. 4�.5 Recently the City received a $,530,000+ matching grant from the Department of Employment and Economic Development (DEED), to assist the City with infrastructure and road improvements in Twin Lakes. The City, as early as spring 2009 and based on City Council approval, may utilize the grant and other City dollars to construct Mount Ridge Road from County Road C2 to Twin Lakes Parkway and Twin Lakes Parkway from Cleveland Avenue to Mount Ridge Road. 4�. 1 Should the timing of both projects (if approved), work out, there would be no need for temporary access into the Old Dominion parcel or a left turn movement on to Cleveland Avenue. 5.0 COMPREHENSIVE PLAN/TWIN LAKES MASTER PLAN 5.1 The Roseville's Comprehensive Plan designates the future land use of the subject properties as "BP, Business Park,"' which is defined as "...a geographically identifiable area which contains an architecturally consistent mix of office, office- laboratory, office- showroom-warehousing, biotechnical, biomedical, high-tech software and hardware production uses with support services such as limited retail, health, fitness, lodging and multifamily housing. The Business Park has well planned roads, utilities, pan 'in and co� � unication systems. Parcels within a Business Park have access to an internal park-way and/or external (.,ounly minor arterials as well as access to the Interstate Highway System,. " PF108-023RCA101308 (4).doc Page 2 of 7