2004_1220_Packet - Laserfiche WebLink

Home

multi-level buildings with ramped and shared parking. This allows for a range of building area from 2.1 million to a�*m nn of 3.0 million square feet phased in over the ne�t 20 years. X. Anticipated Site Improvement Benefits 'Il�e City of Roseville anticipates a number of benefits from the redevelopment of tlle Twin Lakes Business Park. The taxable benefits will be received by reinvesting in new development while aesthetic and environmental improvements will result from the project. Also, there would be an estimated 5,000 to 7,000 total j obs created or retained by 2020. These j ob estimates assume that not all employees are traveling to the job site at the same time since there would be several businesses operating 3 shifts, 24 hours a day, 7 days a week. As each project is proposed, project approval is contingent on uses which must be within the design capacity of roads and utilities, as well as �naii� the mitigation plan prepared as part of an AUAR. The cleanup of the city's most concentrated area of known and potentially hazardous wasfie and contaminated sites will also continue at a more aggressive pace. This will include the continued removal of leaking underground and abov�ground fuel and other petroleum storage tanks, contaminated soils, asbestos, abandoned wells and inactive septic systems that are known to e�st in the a�. The project will also result in restoration of the natural environment features in the area, including Langton Lake and Oasis Pond, and add extensive landscaping and pedestrian and bicyclist trails as urban enhancements. These enhancements, in addition to the removal of contaminated sites and the heavy vehicle traffic and noise generated by trucking businesses, will provide additional buffering and improve the quality of life for the residentiai neighborhoods to the north of Twin Lakes. Finally, this master plan strategy brings as many at 600 new multiple housing units to the community. The housing units would be situated along the northern border of the redevelopment � and adjacent to the residential neighborhoods. The housing will include a rnix of townhomes, condominiums, liveJwork units and apartments. It is the goal of the City to provide a rnix of housing types to satisfy the need for lif�cycle housing for all income levels. The m�r� m m density for housing in the Twin Lakes area is 10 units per acre and the maximum is Za units per acre. 1F