2022-5-3_PR_Comm Packet - Laserfiche WebLink

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space, parcel package center & underground parking. The site will also include a walk-trail, outdoor pool, sundeck & pool building which will be shared with the other two apartment developments. Total Acres of Development: Lot 1, Block 1: 2.100 acres Lot 2, Block 1: 2.091 acres Lot 3, Block 1: 4.314 acres TOTAL PLAT: 8.505 ACRES Total Residential Units of Development: Lot 1, Block 1: 59 Units Current Lot 2, Block 1: 60 Units Planned Lot 3, Block 1: 120 Units Planned TOTAL PLAT: 239 UNITS CURRENT & PLANNED Site Location Map: See attached. Site Plan of Development: See attached. Park Land Option: As part of the first phase Edison project along funding from the City/Met Council, a sidewalk connection from Castle Park to County Road D along Old Highway 8 was completed. This provided a safe walking connection to Castle Park from a number of nearby properties. The Edison development will have a large number of residents when fully completed. In addition to the on-site amenities, current residents are utilizing Castle Park for recreation opportunities. Although Edison plans to have a large number of private outdoor amenities, more residents will be utilizing Castle Parkas the project is built-out. Edison is willing to consider purchasing an adjacent parcel (Parcel ID# 052923210008) of approximately 0.39 acres & get it pad ready for public park land. This park land with improvements would take some of the usage pressure off Castle Park. Although the size of the parcel would not get to the 10% of the overall platted land area, Edison is willing to consider a combination of land and park fee related to the Edison plat. If there is interest in this, more due diligence can be completed.