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City Council Meeting Minutes December 15 2015 Page 7 of 25 The Annexation Agreement requires, "No Tess than 80% of the total developed residential units would be affordable with no less than 60 of the affordable units being age- restricted for occupancy by persons 55 years of age or older". If the PUD is approved, this requested first phase of development would ensure 82.6% of the total allowed residential units for the property are affordable with a total of 71 age restricted units. Subdivision Plat: The two most significant changes are proposed in Planning Areas B and C - shifting 13 residential units previously permitted in Planning Area C into Planning Areas B and D. This shift would assist in allowing 26,571 sf of additional commercial development to be located in Planning C. Twelve of the 13 units would shift from Area C to Area B, increasing the total number of units allowed in Planning Area B from 103 units to 115 units and increasing the residential density in Area B from 30 DU /acre to 33 DU /acre. The remaining residential unit (of the 13 proposed to shift) would go from Planning Area C to Area D, raising the unit count in Area D from 31 to 32. The overall density of Area D would remain approximatelyl5 DU /acre. Planning Area B is located in the southwest quadrant of the proposed development. The Comprehensive Plan identifies this area of the proposed annexation be designated an urban neighborhood. The Comprehensive Plan suggests requested land uses within a neighborhood match the land uses allowed in Section 17.72.080 and densities match adjacent neighborhood densities. The proposed density increase in Planning Area B is requested to accommodate 71 units in the Senior Building plus the 44 lower density multi - family units. The proposed 33 DU /acre is 3 DU /acre higher than those initially recommended to match the adjacent neighborhood. Planning Area C, located in the northeast quadrant in the proposed development, is designated as a part of the Hwy. 42 urban corridor in the Louisville Comprehensive Plan. The proposed block layout matches the block layout shown in the adopted GDP and the requested GDP Amendment. West Hecla Drive will be extended east from the Steel Ranch Subdivision to the existing intersection of Hecla Drive and Hwy. 42. The applicant is proposing to extend Kalix Avenue, north from an existing 25' public access easement in Christopher Plaza to the Davidson Highline Subdivision and align it with the Kaylix Avenue built as part of the Steel Ranch Subdivision and dedicated to the City as part of the Lanterns' Subdivision. A private drive, or alley, is proposed to provide access and circulation internal to the development. The requested block lengths and widths of 300' to 350' match the approved GDP and are appropriate for the kind of development proposed. Public access is proposed to serve all of the proposed lots. Streets and Alleys: The streets are intended to serve local traffic and provide alternative routing options to Hwy. 42 and a small amount of through- traffic west of Hwy 42. West Hecla Drive is identified to function as a collector street, while Kaylix Avenue is proposed to function as a local street. The right -of -ways and street widths match the right -of -ways of both West Hecla Drive (60') and Kaylix Avenue (50') within the Takoda (Steel Ranch) subdivision. The final street sections and intersection designs have been