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r. - - - ~ t. >.; fi- f .- Apr; 1 7, 1976 PLANNING REPORT CASE NUMBER: APPLICANT: 964-76 LOCATION: Canadian Financial Corporation 7900 Xerxes Avenue South, Minneapolis East of Snelling Avenue. North of the Rose Drive-in Theatre Site ACTION REQUESTED: Partial Rezoning from B-2 to R-31 Variance to Density, Parking Requirementsl and Buildlng Height, Special Use pennit for Planned Unit Development. PLANNING CONSIDERATIONS: 1. The applicant proposes to construct a seven story apartment building for the elderly consisting of 122 units plus 92 units in 2 and 3 story townhouse structures. The property in question includes 9 acres, 8 acres of which are already zoned R-3 and to WhlCh one acre 1S being added from the contiguous B-2 site as shown on the sketch of the area. Th~s additional acre accommodates the second access to the site (requested by the City) and a ponding area contiguous to the 7 story structure. 2. This project is exactly the same in design and basic accommodation as the recently completed successful project 1n the City of Golden Valley Imo~m as "Dover Hills" located as 2700 Rhode Island J.'1enue. That project consists of the same 7 story home for the eld~rly with 122 units with the identical two and three story to\~house units conSisting of 234 total units on a 10 acre site. The rents in the Dover Hills development I as will be the case in the Roseville proposal, vary with the income; the maxlmurn 25% of total income devoted to housing. The 7 story structure is devoted exclusively to the elderly and includes accommodation for recreation, social roomsl etc. Some of the town- house units are rented at their regular economic rent without subsidy at all. 3. Eight of the 9 acres site were previously loned for R-3 for a housing project approved for the Shelter Corporation several years ago which was never constructed. 1he additional acre comes from the contiguous property zoned B-2 and Nll1 includa a pondlng area and secondary driveway to the houslng area. The ponding area has to be retained in any case to satisfy interim ponding requirements of the Clty and ~he Rice Creek Watershed District, so this property could not have been used for commercial purposes in any case. We suggest the rezoning, therefore. is not an issue.