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Item 7A - Applicant SPIN Presentation Carillon Parc'4'— Kimley)Morn PERKINS- CARILLON CROWN EASTMAN n M L7. LA rrry at uvNta. 14 y�" $ q � r 1 by ---------------- t 13 Vtr i1xi-titf t§i at I � tr W xta z ----------------------------------------------------------------------- ti t M 3C I TERI I DEVELOPMENT PLAN; ZONING UPDATE REVISION #1 “Allow the developer to commence construction of five (5) single family homes on lots along Riviera once infrastructure is sufficient to build those homes.” REVISION #2 “Allow the developer flexibilty to develop retail restaurant, office or private club if Public Library is not built within the development, leaving option for library use (25,980 SF with 2 stories over parking garage).” REVISION #3 “The developer is requesting the option to combine the two buildings into one building (23,100 SF), allowing for potential underground parking.” REVISION #4 “Optional detention/retention pond with fountain if needed for storm drainage. If built, developer will assume cost of maintenance of the fountain.” REVISION #5 “ROW dedication of future valet and drop-off to be provided in Phase 1A. Cost of roadway will be escrowed within Phase 1.” ZONING REVISION #1 “Allow the developer to commence construction of five (5) single family homes on lots along Riviera once infrastructure is sufficient to build those homes.” Under the current zoning approval, no home may start on the project until all of the infrastructure is in place for the entirety of the single-family residences. The purpose of the request to obtain earlier permits to construct the 5 homes and allow custom home builders to partner with St Jude to build five (5) Dream Homes (One home each). These homes will be upgraded and allow the builders to receive national exposure and recognition of these first 5 homes. This will in turn set a high bar for the custom homes to follow after completion of 100% infrastructure and acceptance by the City of Southlake. These 5 homes, if constructed simultaneously, will lessen the total time of construction on Riviera and act as a buffer to the residents for future home construction interior to the site. This is made possible because utilities are already located within Riviera to serve these lots. ZONING REVISION #2 “Allow the developer flexibilty for the option to develop retail restaurant, office, or public library on the eastern edge of the development.” 1)The City of Southlake made the decision to remove the Public Library from the earlier zoning approval, based on their concerns related to the economy and other financial implications. 2)The developer is requesting to substitute another architecturally significant facility at the same location where the library was being proposed. In the developer’s proposal, the building would be approved for a tax generating specialty retail, restaurant, office or a LIBRARY, within the previously proposed 8-9 acre park 3)The developer proposes to include the library as a permitted use as there may be an opportunity to re-address the library issue should the economy not be as volatile in 2024/2025 (when that building would be constructed), thereby preserving the option for the library to be located in Carillon Parc should financial conditions change for the city. As the city’s study showed, the best location for the library is at Carillon Parc. 4)The park dedication would be reduced from 8-9 acres to 7-8 acres to allow for the new commercial building. However, should the city and developer mutually agree upon terms to construct the library in the coming year, the developer would agree to dedicate the land back to the city. A private drive has been identified that would access the building, but would be public if library constructed ZONING REVISION #3 “The developer is requesting the option to combine the two buildings into one buliding, allowing for potentional underground parking.” 1)If the buildings remain as currently approved, underground parking cannot be achieved 2)It is the goal of the developer to achieve more square footage with a larger building while providing much needed parking on this western side of the project. ZONING REVISION #4 “Optional detention/retention pond with fountain if needed for storm drainage. If built, developer will assume cost of maintenance of the fountain.” Optional detention/retention pond ZONING REVISION #5 “ROW dedication of future valet and drop-off to be provided in Phase 1A. Cost of roadway will be escrowed within Phase 1.” qp �' � � � * ..� � ., .� ..: .s �.� l� t � ` ctm . . . . . . . .. e,