City Council Minutes 1993 07 20 - Laserfiche WebLink

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pull the distance back. The distance allowed the drainage that comes along the south of the property to make the turn sooner, to build a larger berm against the fence. It allowed us to shorten the parking lot by 40 ft., so that we're not bringing cars penetrating between buildings C & D that great distance. Also, by adding another berm at the end of the parking lot, since that's the only parking lot that has head-on headlight traffic facing the neighborhoods, then we can have the greatest distance, the 100 ft. that Paul mentioned, to have two berms to intercept it. Then on the other plan, as it evolved, it also added building and in that process we could add the two units back there without hurting the plan or hurting the open space. That plan can accept a 'little extra density, because it is against a project of 18 units to the acre. It is three stories, so we're acting as a buffer for it. Sisk: We have 219 units, why are we being asked to look at these at the same time? Why can't one be developed now and You'll recall in the first mJJ~ng the suggestion was made and rejected to develop the Dahlia first and then come back and do Century. Junge: The demand for multi-family housing rental is phenomenal right now. The lending market is such that, if one has a 200 unit project, and there's nothing magic at 198 or 219, when on approaches the 200 unit mark, it attracts the quality lender, in this case the General Electric Corporation pension fund, to then demand and pay for the amenities that go with the project, as we develop the plan and limit it to two stories in height, added garages to the buildings, and added this incredible amount of open space that 23