HomeMy WebLinkAboutNARRATIVE - 21-00177 - Teton River Flats - 280 Lorene St - PUD Plat
PRELIMINARY
MASTER PLAN - PUD
Teton River Flats Condominium Development
Leatham Development LLC
March 31st, 2021
Teton River Flats, Preliminary Master Plan Narrative
Leatham Development LLC | 1272 N Yellowstone Hwy, Rexburg, ID 83440 | 208.356.8095
Location and Zoning
Teton River Flats will be located on a parcel of land containing approximately 3.9882 acres of
land at approximately 280 Lorene St, in Rexburg, ID.
The property is zoned as MDR2 (medium-density
residential 2), with the base allowable density of
this zone being 20.00 units per net developable
acre (NDA). The maximum density allowable in
the MDR2 zone is 26 units/NDA.
The adjacent properties to the north is planned
for future MDR2 development, and lands south
and west are zoned and currently in use primarily
for light commercial use, with those to the east
being medium to low-density residential, in
various stages of development.
Statement of Intended use
Teton River Flats is a planned, brand-new affordable 92-unit condominium development in the
heart of Rexburg, Idaho Situated near the South Teton River and the Teton River Trail, its intent
is to be an affordable addition to the growing housing market of the city, acting as a natural
transition between the quiet life of
Madison County into the businesses
of North Rexburg, including
restaurants, fast-food, fuel stations, a
cineplex, and bowling. With a
minimum 50% of condominiums
utilized by live in owners, the
completed development will cater to
the city’s growing permanent
population. Teton River Flats will
provide an affordable option for the
first-time home buyer wishing to
remain close to the amenities
afforded by the city, including BYU-I
campus, less than 2 miles from this location. The community will contain multiple green
stretches, a proposed park and access to approximately 2 miles of trails along the South Teton
River, less than a quarter of a mile from the complex. These common areas will be owned and
cared for by the condo-owners association, this COA will have elected members and giving
owners a voice to be heard in the care of their community. With a central theme and a rustic
feel, this condominium development will bring increased value and variety to the growing
landscape of northern Rexburg.
Teton River Flats, Preliminary Master Plan Narrative
Leatham Development LLC | 1272 N Yellowstone Hwy, Rexburg, ID 83440 | 208.356.8095
Ownership and Control
The development of this property is under the
singular ownership and oversight of a single
ownership entity, Leatham Development LLC.
Leatham Development has been the developer of
various projects in Rexburg, including:
1. Juniper Sands Apartment complexes, a 144-
unit community housing project in south Rexburg
2. Sawtell Apartments, a further 38-unit apartment
development
Bron Leatham, the sole owner of Leatham
Development, has roots in the community of Rexburg going back 5 generations. He owns and
operates a local business, Cedarpoint Trucking that employees 90 individuals in the community.
He has a vested interest in the prosperity of Southeastern Idaho.
Construction Phasing
Construction for Teton River Flats is
anticipated to occur in three phases.
With existing sewer and power
connections in the north western corner
of the property, phasing will begin with
the first six planned buildings on the
west end of the development.
Development will continue east along
the flag shaped property, including the
continuation or Lorene St. to connect to
the existing infrastructure of Carlow Dr.
which will improve traffic circulation.
Teton River Flats, Preliminary Master Plan Narrative
Leatham Development LLC | 1272 N Yellowstone Hwy, Rexburg, ID 83440 | 208.356.8095
Bonus Density
To allow for the proposed density in Teton River Flats, a bonus density is sought to exceed
base density of an MDR2 zone for the proposed development. As previously outlined, the base
density allowed in an MDR2 zone is 20.00 units per net developable area. The density
coefficient for the MDR2 zone is 0.06 with a maximum allowable density points awarded being
100 points. Under the base zoning regulation, the maximum number of allowable units for the
Net developable area is 80 units. As proposed the project exceeds the allowance of unit density
by 12 units, therefore that increase in property density is sought by the development with
approximately 88 bonus points required to do so. “In order to receive a density bonus, the
development shall have received bonus points from at least one design component in each of
the following categories: energy efficiency, building design, design theme, parking areas,
landscaping, and open green space.” (1.1.m Planned Unit Development). There is a total of 665
total possible points identified within Rexburg’s Planned Unit Development categories. Through
evaluation and changes made to the design and construction of the property, Leatham
Development LLC intends to seek points for the following categories:
i. Energy Efficiency
a. Insulation: All dwellings in the
Teton River Flats development
will have advanced blown in
cellulose insulation which will
exceed the requirements of the
International Energy Conservation
Code (IECC), in addition to large
dual-pane Low-e windows at
bedrooms, kitchen and three
windows in the living room
ii. Building Design
a. Materials – Exterior materials for all buildings in the Teton River Flats development
will be made of long-lasting materials including:
i. Natural Cedar, Siding Coated with a
Lifetime Finish
ii. Corrugated Metal Siding
iii. Concrete and Steel Posts
iv. Metal Fascia and Soffit
v. Vinyl Windows and Both Vertical and
Horizontal Vinyl Siding
Teton River Flats, Preliminary Master Plan Narrative
Leatham Development LLC | 1272 N Yellowstone Hwy, Rexburg, ID 83440 | 208.356.8095
b. Roof Materials – 30-year asphalt shingle roofing on main roof with weathered metal
roof at porch entries
c. Design Theme
i. Shared Theme: With slight variations in coloring, the entire development will
share a central theme of design and accent
d. Recreational Amenities
i. Active Recreation: The proposed development shall include planned access
to existing pathways and trails along the nearby Teton Riverfront, as well as a
playground and park structure.
1. The Proposed park will act as the central facet to the community, with
a large green space, a small dog park as well as a playground,
covered pavilion, and barbeque area. These amenities will be
available to all through the COA, adding to the sense of community
and overall quality of living
2. Sidewalks in the complex will be “meandering”, wider in size and wind
throughout the area allowing for tenants to enjoy the upgraded
landscape
e. Parking Area
i. Screening: Parking lots of twenty (20) or more stalls are screened from view
by means of berming or
landscaping around the
perimeter of the parking lot.
ii. Shade Trees: Areas with five
(5) or more uncovered
parking stalls are designed to
include minimum two (2”)
inch caliper trees located in
such a manner as to shade
fifty (50%) percent of the
parking area upon maturation
of the trees.
Teton River Flats, Preliminary Master Plan Narrative
Leatham Development LLC | 1272 N Yellowstone Hwy, Rexburg, ID 83440 | 208.356.8095
f. Landscaping
i. Dumpsters will be hidden in enclosures which flow with the overall theme of
the complex
Legal Description (Boundary)
Part of the NW 1/4 of Section 20, Township 6 North, Range 40 East of the Boise Meridian,
Madison County, Idaho, more particularly described as:
Commencing at the northwest corner of Section 20;
Thence S 00°13’42” E 651.30 feet
along the west line of said section;
Thence N 89°46’18” E 548.15 feet
to the POINT OF BEGINNING;
Thence S 02°02’52” E 140.60 feet;
Thence N 89°31’34” E 437.58 feet;
Thence S 00°11’43” E 199.79 feet;
Thence N 89°33’55” E 329.89 feet;
Thence N 00°12’25” W 340.01 feet;
Thence S 89°31’34” W 645.01 feet
to a point being marked by a 1/2”
iron rod with cap stamped PLS
12222;
Thence S 89°46’18” W 126.94 feet
to the POINT OF BEGINNING.
Parcel Contains 3.9882 acres more
or less