Item 7B - Downtown Residences NarrativeOverview of Downtown Residence
Cooper &Stebbins (Applicant) is requesting approval of the Block 11
Development Plan which is comprised of 270 Residential Lofts referred
to as "Downtown Residences" in two buildings on approximately 7.3
vacant acres located in Southlake Town Square south of Division Street,
north of Federal Way, west of State Street, and east of Carroll Avenue
(the "Property").
Subject to approval of the proposed Development Plan, Cooper &
Stebbins is requesting a rezoning of the Property from C-3 General
Commercial to "DT" Downtown District.
Downtown Residences Development Plan
The Downtown Residences proposal includes (1) two residential buildings ranging from
three-story and maximum 40 feet in height on North Carroll Avenue to five -story and
maximum 65 feet in height on State Street, and (2) a clubhouse building that is two-story
facing North Carroll Avenue and three-story facing State Street.
The residential buildings would contain 270 residences with a minimum of 1,000 square
feet per unit and averaging over 1,250 square feet per unit. Also proposed are two private,
secured structured argin garages which will each contain 237 parkingspaces for a total
of 474 resident parking spaces parkin to a ratio of not less than 1.75 resiiident spaces per
p g p (parking p
unit). There will be 86 surface parking spaces for guests including 46 surface parking spaces
on N. Carroll Avenue (parking to a ratio of not less than 0.25 spaces per unit).
Southlake Town Square currently has approval for 171 residential units. Approval of this
development plan would increase the approval to 441 total residential units within
Southlake Town Square. The resulting gross residential density of Southlake Town Square
would be approximately 3.5 dwelling units per acre, comprising approximately 13% of the
total acreage of Town Square.
Downtown Residences Illustrative Site Plan
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Rendering #2 — View of Downtown Residences Recreation Deck
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Rendering #5 — Northbound View from State Street
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