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, ' . e WOODBRIDGE PROPERTIES, CASE 21634 Page 2 expOSl.:re to 35W in an efflclent manner and, at the same time, protecting the single-family and duplex developm~nt on the east slde of Cleveland near the northerly end of the redevelopment area. 3. For approximately the past six months, Dave Well' of Woodbridge Properties, Wl th his staff and consultants have been patiently putting together the propertles effected. There are a total of twenty-six property owners, of which all but three have signed purchase agreements wi th Woodbridge Properties. The Council's criteria for considering a ~edevelopment of this nature would be an "overwhelming majorl ty" of the property OrilJl::rs Willing to se 11 ('omparcd to tnose who do not. In the case of the Loehmans Plaza development north of Rosedale, tnere were three property owners unwilllng out of a total of seventeen owners. 4. We are 1nformed by the developer that the average price paid for the single-family homes is equal to approximately 1.5 times their "normal residential value". Thu~, the land values are such that each owner gets a price beneflt, com~ared to a normal sale for tYPical re-'dential purposes. The area of land 1n the three parC'f'ls not yet acquired equals 141,000 square feet, equal ~o 6 percent of the total land area. 5. Attached are copies of plans prepared by the applicant and a statement prepared 01' the appllcant's attorney descl'lblng ~he proposed d~velopme~~. 6. The staff has had numerous meetlngs wit~ the applicant and his consultants revlcwing alternatne Sl te plans, bUlldlng configurations, traffic studies, ~. x increment finance data, land3cape concepts, bUilding and ramp design. dnd impact on contiguous properties. The applicants have also conducted several meetings with neighbors, including own~rs of the land and homeo'-/'ners to the east of Cleve land A venue. The applicants report that these meetlngs hdve gone well, reflecting feedback 1:. the deslgn proposals. 7. The basIc concept IS one of constructlng an off1ce structure at the far northerly end of the slte. The eXlstlng serVlce station at Lhe southHost corner of County Road D Rod Cleveland would, of course, ~e removed. Another elght-story office structure would be constrJcted at the south end of the site, supported by a three-level pal'"kwg ramp. ThiS site would be at the presen~ \ocatlon of the Garrett Truck Line, whi('h would be moved to another sIte and. the land cleared for r~development. The remainder of the slte would be developed fot' offi ce/serv ice bUIldl ngs, of Whl ch each would have at least 50 percent office space as reqUIred 1n the 8-4 Ol'dinance. These uses require a conditional u~e permit, which should be processed WIth the condItional use permit for the planned unit development.