06/12/1978 Meeting - Laserfiche WebLink

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I it would serve a regional function would be the total amount of acreage. The general plan indicates 40 to 50 acres as minimum size e for a regional center, with two anchor tenants with minimum square footage of 100,000 feet, plus 200,000 square feet of smaller shops equalling 400,000 square feet of floor area. He noted Valley River Center is over 1,000,000 square feet of gross leasable space. He said there was no possibility a center of that size could be devel- oped on a 15-acre site. However, he did note one of staff's concerns was whether or not rezoning of these 15 acres would preempt a regional center at that location at some future date. Mr. Delay wondered if such a development would create additional traffic pressures in that area. Mr. Allen noted there was a major signal light intersection at Beltline and Bertelsen Road. He said there may eventually be a demand for another signal light in that area; however, there is no public dedication and it could be State, County, City, or private responsibility. Mr. Delay felt the project made a lot of sense. However, he had questions about phasing of the development, wondering if the staff had any sense of timing as to whether this development would be appropriate. He was concerned that such a development might attract further development. Mr. Saul responded the Planning staff approached the application from the standpoint of whether or not approval at this time would frustrate any further development and concluded it would not. It was judged that this site would not preempt or close other options. He also noted in looking at the potential areas in the city, this was believed the best suited to serve the southwest e and western areas than any other site. In rebuttal, Mr. Anderson said the community shopping center is not proposed to be a regional shopping center, as it would not be econom- ically feasible. The design of the center was based on projections of residential growth in that area. The projected build-up time for the project is five years. Traffic access can be phased in the PO process. Regarding the size, he said the final size would actually be 16.21 acres, not 15.5 acres. Public hearing was closed, there being no further testimony presented. C.B. 1696--Rezoning from M-2 and M-3 to C-2 PO property located at northeast corner of West 11th Avenue and Beltline Road was read by number and title only, there being no Councilor present requesting it be read in full. Mr. Hamel moved, seconded by Ms. Smith, that findings supporting the rezoning as set forth in Planning Commission staff notes and minutes of April 11, 1978, be adopted by reference thereto; that the bill be read the second time by council bill number only, with unanimous consent of the Council, and that enactment be considered at this time. e 6/12/78--8 ~" I