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� contaminated soils and by removing asbestos within deterioratingbuildings. The highest levels <br />of cleanup (within proposed residential areas) will be nearest the Lake, further improving the <br />lake. <br />] i.$ Traffic will continue to grow on the County Roads and local streets even if no new <br />development occurs for the next 16 years (to 2020), but because of cleaner cars, the air quality <br />will not deteriorate. An improved roadway system, including Twin Lakes Parkway, will help to <br />direct development traffic away from residential streets. <br />]!.� Traffic demands for the Rottlund Master Developer proposal will be ��� than the existing 2001 <br />land use master plan because there will be a reduction of office space by 1,000,000 square feet. <br />Also, parking needs are much less with 1,000,000 less square feet of office space (4,000 to <br />5,000 spaces less). <br />� I.�� Removing 72 acres of existing trucking and terminal related activities will reduce trucking <br />traffic on County Roads and local streets, something the City Council had in mind even in the <br />1980's. <br />!�_ 13 Housing (730 proposed units) will create a new neighborhood with new people that will <br />contribute to the community, work force, retail market, and school district similar to the <br />neighborhoods around this site. The residential areas to the north and east, as well as the James <br />Addition to the south have a combined total of 836 units, of which 25% are rental. Of the 836 <br />total existing households, approximately 22% have children, but it continues to decline. <br />f l. a� New senior housing (240 units) added within Twin Lakes will provide additional opportunities <br />for Roseville seniors to remain in the community while also providing an opportunity for new <br />families to move into existing housing. This is consistent with the Roseville HRA Housing <br />Plan. <br />1 I. i� New market rate housing (490 units) for young professionals and mid career empty nesters will <br />provide new housing opportunities in Roseville. In turn, young professionals introduced to <br />Roseville through this housing may, in the future, create a family household in Roseville. This <br />is consistent with the Roseville HRA Housing Plan. <br />I �. I�# The 730 new households will add discretionaryincome to the Roseville market. With a median <br />household income of $75,000 ($54,000,000 total) and disposable income of 5%, a portion of <br />the $2.7 million annual disposable income will bolster Roseville merchants. <br />1 l.1 � With approximately 339,000 s.f, of retail development and 221,000 s.f. of office, over 1,000 <br />jobs will be created — estimating existing 400 jobs that be replaced plus 600 net new jobs within <br />the 80 acres area. The 1,000 new jobs will conservatively add a total of $45,000,004 in new <br />wages, and over $ 4. 5 million in income taxes. <br />f!_ 16 The number of acres draining into Langton Lake will remain substantially the same (42 acres <br />proposed vs. 41 acres existing) <br />PF3595 — RCA Concept Plan and PrelimPlat Approval - 102504 Page 27 <br />