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HomeMy WebLinkAboutPRESENTATION - 22-00420 - The Preserve (south of Star View Drive) - Rezone from LDR1 to LDR2 - NOT ALLOWED FOR PZ RECONSIDERATIONRexburg Rezone Request for Parcel No. RPRXBCA0291271 Site Requesting LDR2 Site Requesting LDR2 LDR2 LDR1 LDR2 LDR1 LDR1 LDR2 MDR1 Current Zoning Site Requested to be LDR2 Land Use Rights •All the properties in the LDR2 surrounding area have the property rights to build, add on, or modify their properties according to the LDR2 Zoning standards. •A property right is based on city zoning ordinances, not existing conditions. •Some of the homes are built on lots according to LDR2. All •Topography •Drainage •Sewer •Transpiration Concerns would be met according to Rexburg Engineering Standards and City Ordinances Steep slopes Greater than 30% Would not be built on According to Rexburg Engineering Standards And City Ordinances This development would improve water and sewer system connectivity. The waterline on the south is 12” and the sewer is 8”. Stormwater drainage and flooding would be handled by a stormwater basin at the base of the property. Stormwater would be retained and meteredout. Without stormwater improvements and development, the downhill properties are at greater risk to flooding. Transportation Options Transportation Plan Site City Trails PlanSite Why is more housing needed in Rexburg? You probably already know. Why is more housing needed in Rexburg? You probably already know. Significant housing is needed for Millennials and upcoming Generation Z. Rexburg –Area Median Incomes Data Source: IdahoHousing.com Rexburg –Area Median Income at 80% Monthly mortgage/rent for a 3-person family $1,200 4 units Rexburg –Area Median Income at 100% Monthly mortgage/rent for a 3-person family $1,450 10 units Rexburg –Area Median Income at 120% Monthly mortgage/rent for a 3-person family $1,720 20 units Staff report recommends approval to the Planning Commission. No impacts on single-family home real estate values when adjacent to density. https://gardner.utah.edu/wp-content/uploads/HighDensity-Feb2021.pdf LDR2 is appropriate for the current and future households of the community. •Market flexibility •Housing choices •Missing Middle Housing types for current demographics •Suitable to the property and needs of the project. •The current demand is for LDR2 types of units (single-family and twinhomes) •Site issues can be solved through site design, engineering, and working with City staff.