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5.17 Visitor parking will be accommodated within driveways. 5.18 These 5 units and the associated land will be rezoned to Planned Unit Development (PUD) with an underlying zoning of R-6, Townhouse District. OTHER IMPROVEMENTS: 5.17 The revised landscape plan includes a miY of deciduous, coniferous, and perennial plants. Specifically, the proposal includes boulevard trees adjacent to both Elmer Street and McCarron� Boulevard; numerous coniferous trees (evergreen) along the east and west side of the condominium structure to screen and break-up the building mass; and trees around the storm water management pond and portions of the preserved wetland. The staff will work with the developer to revise the landscape plan to provide a greater mix of shrubs and perennials in both planting beds to accent the condominium and town home developments and to augment the storm pond and wetland. 6.0 POLICY (Comprehensive Plan Consistency) & FISCAL IMPLICATIONS: 6.1 The following is the Demographic Profile for this neighborhood Planning District 15, an area stretching from Larpenteur Avenue to Trunk Highway 36 and from Dale Street to Rice Street. At 9%, it does not have a broad miY of owner occupied multi-family housing. ■ Total population - 3,072 ■ Total occupied units - 1,651 ■ Owner occupied units - 781 ■ Renter occupied units - 870 ■ 288 residential acres - 238 acres (83%) single family & 50 acres (17%) of multiple family. ■ Type of unit: Condominium - 110 (7%); town home - 39 (2%), Apartments - 821 (50°/a), single family - 662 (40%), and other - 19 (1 %). 6.2 Increase in Property Tax: The proposed market rate, owner occupied town home and condominium development will provide an increase in the property taxes. It is estimated that this type ofproject (valued at $8.6 million ($7.1 m. condo and $1.5 m. town home) will generate between $1,500 and $2,000 per unit in total property taxes, from which about 23 % comes back to the city. 6.3 Residents: The Community Development Department estimates there will be 1.8 to 2.2 residents per unit or 85 to 1 OS new residents when fully built out. PF75?5, R{'!� rir;si��aTxntnl �aR��ri� Page 5 of 8