Title
Conduct a Public Hearing to Consider/Discuss/Act on the Request by BBV Texas Development, L.L.C., on Behalf of Kayasa Family, Ltd., for Approval of a Request to Rezone Approximately 45.82 Acres from "PD" - Planned Development District and "CC" - Corridor Commercial Overlay District to "PD" - Planned Development District and "CC" - Corridor Commercial Overlay District, Generally to Allow for Commercial Uses, Located on the Northeast Corner of Lake Forest Drive and U.S. Highway 380 (University Drive).
Summary
MEETING DATE: August 6, 2012
DEPARTMENT: Development Services - Planning
CONTACT: Brandon Opiela, Senior Planner
Anthony Satarino, Planner
RECOMMENDED CITY COUNCIL ACTION:
· Staff recommends approval of the proposed rezoning request with the following special ordinance provisions:
1. Use and development of Tract 1 (18.123 acres) of the subject property, more fully depicted on Exhibit B, shall conform to Section 146-88 "O" - Office District and Section 146-101 "CC" Corridor Commercial Overlay District of the Zoning Ordinance, and as amended, except as follows:
a. Maximum height of buildings be 3 stories.
b. Rest home or nursing home be an allowed use.
2. Use and development of Tract 2 (27.698 acres) of the subject property, more fully depicted on Exhibit B, shall conform to Section 146-86 "C" - Planned Center District and Section 146-101 "CC" Corridor Commercial Overlay District of the Zoning Ordinance, and as amended.
ITEM SUMMARY:
· The applicant is requesting to rezone approximately 45.82 acres of land, located on the northeast corner of Lake Forest Drive and U.S. Highway 380 (University Drive). The applicant is requesting that 18.123 acres be used for office uses with the additional use of nursing home (currently zoned for commercial, office and townhome uses) and 27.698 acres for commercial uses (currently zoned office and commercial uses). The applicant has also requested that the maximum building height for the office portion be restricted to 3 stories.
· The governing "PD" - Planned Development District Ordinance No. 1478 (attached) includes over 158 acres. The exhibit in this PD divides the property into 7 different tracts that allow for various land uses such as single family residential, townhome and commercial uses. There is an existing single family residential subdivision (Highridge) that encompasses Plat 5 and a portion of Plat 6 of the existing PD.
BACKGROUND INFORMATION:
· N/A
FINANCIAL SUMMARY:
· The attached fiscal analysis shows a negative net cost benefit of $59,260 using the full cost method. The full cost method of calculating public service cost is useful for citywide modeling and forecasting. This method takes the entire city budget into account, including those costs that cannot be attributed to any one project such as administrative costs and debt service on municipal bonds. Because the full cost method takes into account all costs, it is useful in tracking the city budget to determine if the citywide tax revenue is sufficient to pay for the operating costs to the city.
BOARD OR COMMISSION RECOMMENDATION:
· On July 10, 2012, the Planning and Zoning Commission voted unanimously to recommend approval of the proposed rezoning request as conditioned by Staff.