Laserfiche WebLink
Assumptions were made to measure the level of impact at�ll-buildout. The maxirrium new <br />development that each parcel will support is based upon a minimum of 40 percent coverage ratio for <br />multi-level buildings with ramped and shared parking. This allows for a range of building area from <br />2.1 million to a maximum of 3.0 million square feet phased in over the next 20 years. <br />X. Anticipated Site Improvement Benefits <br />The City of Roseville anticipates a number of benefits from the redevelopment of the Twin Lakes <br />Business Park The taxable benefits will be received by reinvesting in new development while <br />aesthetic and environmental improvements will result from the project. Also, there would be an <br />estimated 5,000 to 7,000 total jobs created or retained by 2020. These job estimates assume that not <br />all employees are traveling to the job site at the same time since there would be several businesses <br />operating 3 shifts, 24 hours a day, 7 days a week As each project is proposed, project approval is <br />contingent on uses which must be within the design capacity of roads and utilities, as well as within <br />the mitigation plan prepared as part of an AUAR. <br />The cleanup of the city's most concentrated area of known and potentially hazardous waste and <br />contaminated sites will also continue at a more aggressive pace. This will include the continued <br />removal of leaking underground and above-ground fuel and other petroleum storage tanks, <br />contaminated soils, asbestos, abandoned wells and inactive septic systems that are known to e�st in <br />the area. The project will also result in restoration of the natural environment features in the area, <br />including Langton Lake and Oasis Pond, and add extensive landscaping and pedestrian and bicyclist <br />trails as urban enhancements. These enhancements, in addition to the removal of contaminated sites <br />and the heavy vehicle traffic and noise generated by trucking businesses, will provide additional <br />buffering and improve the quality of life for the residential neighborhoods to the north of Twin <br />Lakes. <br />Finally, this master plan strategy brings as many at 600 new multiple housing units to the <br />community. The housing units would be situated along the northern border of the redevelopment <br />area and adjacent to the residential neighborhoods. The housing will include a mix of townhomes, <br />condominiums, live/work units and apartments. It is the goal of the City to provide a mix of housing <br />types to satisfy the need for life-cycle housing for a11 income levels. The minimum density for <br />housing in the Twin Lakes area is 10 units per acre and the maximum is 25 units per acre. <br />23 <br />