Planning Commission Agenda and Packet 2011 03 10

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Project Land Area Floor Area FAR Maximum Height StorageTek 310 acres 1.6 million SF 11.8% 45' ConocoPhillips 390 acres 2.5 million SF* 14.7% 65'— 95' BACKGROUND: 'Approval of the preliminary plat shall be valid for one year. A one -year extension of approval time may be applied for in writing to the planning commission." Planning Commission 2270 South 88th Street March 10, 2011 The applicant has requested a one year extension of the expiration of a preliminary subdivision plat and preliminary planned unit development (PUD) plan for 2270 South 88th Street. The preliminary plat and preliminary PUD plan were originally approved by City Council on April 6, 2010. Section 16.12.030.(E) (Preliminary plat— Processing) of the Louisville Municipal Code (LMC) states: Section 17.28.170.(D) (Preliminary development plan - -Plan review) of the LMC states: "Approval of the application shall constitute approval of the preliminary development plan and shall be valid for one year. A one -year extension of approval time may be applied for in writing to the planning commission... " The above sections of the LMC do not permit the granting of vested rights and do not allow the applicant to proceed to the final subdivision plat and final development plan stage of the approval process for the 2270 South 88th Street project (ConocoPhillips) after April 6, 2011. An extension of the preliminary plat and preliminary development plan expiration dates must be granted in order for the applicant to proceed to final subdivision plat and final development plan after April 6, 2011. Due to the scale of the project, the one year extension to April 6, 2012 has been requested to provide the applicant sufficient time to complete internal reviews and submit the final development plans for approval (see applicant's letter). The preliminary plat and preliminary PUD plan for 2270 South 88th Street was approved by City Council in April 6, 2010 and was summarized in the February 11, 2010 staff report as follows: The ConocoPhillips is requesting authorization of the required land -use entitlements to develop a 390 acre campus with a total build out of 2.5 million square feet. The integrated campus will be comprised of four major land uses including a corporate learning center, a global technology center, general offices, and noncommercial support services for employees and guests. Development of the campus will be in three phases. Phase 1 will construct approximately 1.6 million square feet with initial occupancy scheduled for 2013; the remaining .9 million square feet will be divided between Phases 2 and 3 with the initial occupancy of Phase 2 scheduled for 2018 and build out estimated for 2032. The campus will be located on land that was formerly occupied by the StorageTek Corporation. The following table provides a comparison between the previous StorageTek campus and the proposed ConocoPhillips campus. * 2.5 million SF is total build out. Phase I is for 1.6 million SF. which mirrors the StorageTek development that existed on the property prior to demolition. Phase I will be a total of 9.4% FAR. Page 12 of 27