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HomeMy WebLinkAboutRFD - 22-00413 - Teton River Lofts - Phase 1 - Condo Plat 1 | Page #22-00413 Teton River Lofts – Phase 1 – Condo Plat 311 E Lorene St 1. June 9, 2022, An application was received for a Condo Plat from Scott Page and Bron Leatham 2. June 27, 2022, Application paperwork was complete. 3. June 22, 2022, Payment was received for the application. 4. June 27, 2022, Plat plan reviews were initiated. 5. September 22, 2022, Plat plans reviews were approved. 6. February 15, 2023, Plat plan was submitted to the County Surveyor. 7. February 28, 2023, the County Surveyor approved the Plat. 8. March 16, 2023, Alan presented the application to the Planning & Zoning Commission. (22-00413) Teton River Lofts Phase 1 – Condo Plat – Located at 311 E Lorene this property is zoned Medium Density Residential 2 (MDR2). Phase 1 includes 2 buildings totaling 48 units on approximately 2.22 acres. – Bron Leatham (Action) Vince introduced the plat. Alan presented the Staff Report for the application, explaining the location and proposed phasing. Alan elaborated that per Public Works, the buildings in this phase, including infrastructure such as water and sewer, must be designed and built to be able to sustain itself, even if nothing else is built. Eric asked about street access for Phase 1. Alan confirmed that access would be off of Lorene Street, and that the Fire Department has approved the plan and does not require a second access at this time. The group discussed 2nd E traffic and acknowledged that by taking Lorene to Carlow to 7th N allowed for stoplight access onto 2nd E. Vince started a discussion concerning the Commission not approving the buildings themselves, just the condo plat, and the staff’s review. Alan explained that the developer cannot sell the buildings unless everything within the phase is completed and the condo plat is approved. Vince asked if the developer would have to plat future buildings, or if future buildings could be rented. Alan confirmed future buildings could have retained ownership and be rented. He went on to explain that with 35 North 1st East Rexburg, ID 83440 Phone: 208.359.3020 Fax: 208.359.3022 www.rexburg.org Reason for Decision City of Rexburg 2 | Page condo’s, the owner is buying paint to paint, and the HOA owns the structure, common areas, and ground. Discussion followed concerning the process of the application and purpose of the meeting. Eric stated he thinks it looks like a great project and very attractive to families. McKay commented that the developer is taking space that has been sitting and making it nice. Vince added that this is a great transition from commercial to single-family residences. MOTION: Motion to recommend the City Council approve (22-00413) Teton River Lofts Condo Plat Phase 1 as proposed because it is a great addition and a needed product for the area for young families and seniors since there is plenty of room and a variety of different spaces. Action: Approve, Moved by Eric Erickson, Seconded by Aaron Richards. Commissioner Discussion on the Motion: None VOTE: Motion carried. (Summary: Yes= 7, No= 0, Abstain = 0). Yes: Vince Haley (Vice Chair), Todd Marx, Bruce Casper, Eric Erickson, McKay Francis, Aaron Richards, Jim Lawrence No: Abstain: 9. April 5, 2023, the application was presented to City Council. Planning and Zoning recommendation to approve Teton River Lofts Phase 1 Condo Plat located at 311 E Lorene St #22-00413 – Stephen Zollinger (0:54:52) City Attorney Zollinger reviewed the Staff Report for the Teton River Lofts Phase 1 Condo Plat. Council Member Erickson expressed his concerns with the additional traffic on 7th North. 3 | Page Council Member Erickson moved to approve the Teton River Lofts Phase 1 Condo Plat located at 311 E Lorene Street; Council Member Johnson seconded the motion; Mayor Merrill asked for a vote: Those voting aye Those voting nay Council Member Flora None Council Member Johnson Council Member Chambers Council Member Erickson Council Member Walker Council President Busby The motion carried.