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4.0 SITE CHARACTERISTICSIDEVELOPMENT PROPOSAL 4.1 The property, located at 2570 Cleveland Avenue, is the former old Dominion Freight Lines site. Lot 1, Block 1, Twin Lakes Addition has been created for the park and ride facility. The subject 1.2 acre lot lies adjacent to the undeveloped Iona Lane (north) and the undeveloped Mount Ridge Road (east). 4.2 The 4 -level park and ride facility will be approximately 45 feet in height at its highest point (elevator /stair towers) and will have a 34,500 square foot footprint. Exterior materials will include colored burnished CMU blocks, bronze toned anodized aluminum perforated and corrugated panels, and bronze toned curtain wall system with clear glazing. The burnished block would wrap the structure and cover the tower. The aluminum panels would span floor to floor to create a clean appearance to the building and minimize the appearance of a typical parking structure. 4.3 The Twin Lakes Urban Design Principles encourages reduced setbacks to create a sense of "street life" and 64 walkability " , and in keeping with this theme the Metro Transit proposal includes a 10 -foot front yard setback adjacent to Iona Lane and an approximate 20 -foot corner side yard setback adjacent to Mount Ridge Road. All other setbacks achieve the B -0 requirement. 4.4 The General Concept proposal indicated that Metro Transit would be responsible for the full cost of improving Iona Lane. However, the improvement of Iona Lane will benefit other properties in Twin Lakes, mainly the PIK and old Dominion properties. As a result, the improvement of Iona Lane has been included in the "Infrastructure Improvements for the Twin Lakes AUAR Area- Final Report" to more fairly distribute the improvement /benefit cost. Based on the revised traffic calculation, Metro Transit cost allocation for street infrastructure costs is $1,597,921.00. 4.5 Due to regulations for Metro Transit `s funding sources and the need to ensure that Iona Lane is constructed to serve the Park and Ride Facility, Metro Transit will need to construct Iona Lane and the associated utility infrastructure as part of their project. Therefore, the City will need to give Metro Transit a credit in the amount of the construction costs of the road and utility infrastructure. The method of credit and the amount of the credit will be addressed in the Inter - Agency Agreement between the City of Roseville and Metro Transit that is expected to be in front of the City Council in January 2009. It is currently estimated that the cost of construction of the road project is in the range of $425,000 to $475,000. 4.0 The proposal includes a temporary access to the park and ride facility from old Dominion's existing Cleveland Avenue access. Buses would access the parcel and travel northeast to the park and ride facility to a temporary passenger loading area along the west side of the facility. Buses would then exit on to Iona Lane and then proceed to Cleveland Avenue. 4.7 The temporary access would be in place until such time as Mount Ridge Road (from County Road C2 to Twin Lakes Parkway) and Twin Lakes Parkway (from Cleveland Avenue to Mount Ridge Road) is constructed. The Public Works and Community Development Department's are hopeful that the City's public improvement project for infrastructure improvements related to Mount Ridge Road and Twin Lakes Parkway can be completed on the same schedule as the Metro Transit park and ride facility in order to PF08- 023_RCA_FinalDevelopment_121508 (3).doc Page 2 of 4