The URL can be used to link to this page

Home My WebLink AboutCC - Applicant's Presentation for 10-15 Centrepoint Apartments Eagle and Ustick Meridian City Council Hearing October 15, 2024 DEVCO Q Kimley))) Horn if-1 1 D E V E L O P M E N T Moody Nolan Who We Are Devco, LLC develops and operates multi-family communities. Founded in 1994, and headquartered in Washington, Devco and affiliates own and manage over 10,000 affordable and market rate apartment units throughout the United States. Strategic Goals RESPONSIBLE GROWTH • Prioritize investment of city infrastructure and encourage road and school facilities in identified areas to grow responsibly and Meridian will responsibly promote growth that maximize the delivery of city services. enhances its long term comprehensive vision and CITY OF M E RI D IAN'S 2021-2025 prioritizes infill development. We will encourage Implement the goals in the community's affordable,ordable,diverse housing options and high Comprehensive Plan to ensure orderly STRATEGIC PLAN development. quality communities. • Uti I ize i mpact f ees,cooperative agreements, urban renewal districts and i � other tools to ensure that development pays its proportionate share of services -- -- impacts. Establish enhanced housing affordability options in new subdivisions to create additional opportunities for all. • Apply design standards and ordinances to commercial and residential development to ensure quality communities with a diversity of amenities. i I y Strategic Plan, p. 12 _F MHOPPT 0 D E V C 0 U S C 0 �r �• Meridian needs affordable housing units that ensures that low-to moderate-income residents are spending 1 no more than 30%of their monthly income on housing expenses. While there is a monumental amount of s ' new housing units in the community, it does not meet the financial needs of the community's residents that are most vulnerable to housing instability. Consolidated Plan, pp. 110-111 E IDIAN* Consolidated Plan The City prioritized goals and objectives for using CDBG funding to strategically and effectively benefit low- and moderate-income residents by increasing access to decent housing and creating a suitable living environment while expanding economic opportunities for LMI persons. Meridian is committed to 2022-2026 improving and increasing access to safe and affordable housing for low- and moderate-income (LMI) residents. Affordable and safe housing helps to provide financial stability, reduces the chances of a person becoming homeless, and promotes housing sustainability. Consolidated Plan, p. 205 Affordable Housing Demand • In a 4-mile radius of the site there are: Course El, gle, IV walmart r`enlely rr� Meyer Fth I Cath.oliApostles c Church SpringHlll Suites • 3,343 Income Eligible Households o�EGp lNFO[L ale _ arTl°n anise Wes, • 96 existing income restricted units with 1.1% 4•o m,,es Hpatl lii den Expo ahoP Alhensnn Lakes Re erve •'Ian Sqt WMtMllen fW MM.IllknfM v Fred Mey vacancy W naddmd qtl 7 WEST WEST VALLEY • / 6 planned Income restricted units C L O V E fl OA LE WEST 9ENG JI kAl U—kRtl Sfttlerb i'brk{�y�flGAOVE fdah°CarOq Erader �' wllstick Wl WEST 6015E wusucy Rd Ayian Markel The VEilage al Mail an 4 Hargor FFwghl ToolsQ V+'inCo uods9 z • The gap between affordable income restricted WC L. vF.1—Are v Falnnew- Faniew A. Idaho Raa Coinp.,,y Walmart Supmcenter rents and the average market rent is 38 — 40 . I""e`Pe`` 1. 0 Urban Air ramp°line L rr Ave McNdian Same Ave and Adv nture Park � sr Tnwne.:Guare Jump Tme 7 IV LI"O A� p ',e Self Storageq kiln Rd ntlin Rd Fsr"Np Rd IranWln Rd WFraNdl.Rd Rt![BUY Meridian Speedway 1 SeltzerMlIe HealUrge2V7 n 6 Louts s MARLS GROVE Anticipated Village Regency at River Ten Mile Urge L' g T Valley Chlftlren's � ACA;r. dl •LRAEI><uN Centre pint Rents A artments Valle Museum of IdahoTppY hooc Family ma5 per[en[er R� $1,495 Fred Myer4 Bedroom $918 , [One wo W aaRtl � 1- Bedroom $1,088 $1,745 $1,647 Three Bedroom $1,234 $2,115 $1,970 *Data provided by Third Party Market Study conducted by Novogradac in March of 2024. Vicinity , .. C!1 4B 4z * _ ;419 ' * } 411 ug "' ■ _ � . , + OL { - SITE - :� _ : �,.W.' - x . ' - - - a •+ ems. 10 rip Vol y . C i i # f i .4+ � s r r r ` 46 y # _ _ i ■ ~ ♦ + F .may ' Y R -I E • E V C 0 D E V C 0 U S C 0 Future Land Map ■■ 11 III► - _ �_ T � � .. ter r lllll� " - -- it ,• �-a n ■ ; expected to comprise between IIII :� ��■ � ._. '��. i ,. �,� ,v.....c. .,ls,•. 10% and 30% of the development 111 lllll R;-` IIII T s = - area with gross densities ranging I■■■1■ to - h• 1■ 40 fromr' Jag mmn- 1 • • • • residential area). I _•' =��_ Ill IIII III_� 1�1 * ■1■ IIII :��?=¢] ��__ ■■l ■Illlll I i.jam_-._ lllll rFFTTFT7Fn■Illlll I IIII Eililllll �`�llllfll■ 11 9 n F ,�.. flfl I 1 ■■• Ill III II f11111 111■ I. . 0 Residential: e _ 1 II r E'• +a : I Total • � ITotal Units Built/Approved: —1,873 units sResidential 11 11�1 _ irrr IIII 111 ' Overall Density: _ LU '� IIII l■llll�ldl _ - - III III Illllr ■ :� llllllll � -. - 111 11 ■ ■ ■ ■l■l■l■ �l■l■■■■■■■ �� ■�■■ i {* C111c }• ,.T1,':��.. a�� i ■ ` I f■l■■■■■ ■■■■� ■ C a..'` `�:.=_'Rln■■■mm � face 1 nnnlmml n n�f' + +.. __- •llllllllLll � ■l■n ■■■ 11 ..-.... # *.a. .� r.-. � �. ii1.Si=L=''PllSlh- _ � ■ + + •W ^ � • ;�z�ic.el>:tial -• - - = •� .7II�..,led'I�i.�il . . K. s;:,_." �� . _ �__ p■■Ili�zrS��it}' D E V C 0 D E V C 0 U S C 0 M •5 1 t T Zoning Map MX*1 It-3 i VR-IA C_G Meridian: 0- - R iC a Il ❑ Meridian: 0-0 ❑ 1 f Meridian: -N r C-G + ❑ Meridian: I-L A-1 ❑ Meridian: L-0 _ R R-15 �f RUT ❑ Meridian: WE 1 + ❑ Meridian: 0-T - ❑ Meridian: R-15 1 t ❑ Meridian: R- C-C s r ❑ Meridian: R-4 , J ❑ Meridian: R-40 ❑ Meridian: R-8 R, A-1 ❑ Meridian: TN- ❑ Meridian: TN-R History : ( 2019 ) .......... 0 ........ ........... o-. s g �X r A i F €•�. V x _ w ; a U7 MW!1 AftS " `rfdF r � 1 ! -Wd w 6c yy�Ill o-� .. i -�;. � -• .:s,�r: _..� .. 'may .Rf� 1a � 1. 1 4 E} r 3 F j Illl9a ? � xi f i v_ s� x V Nil, HAR i LIP 71 • E V C 0 D E V C 0 U S C 0 History : M22 Approval " • W r I :gym 4a- J j -mot �� , .� -5 �,-�• ' � f• 1Qfe Ti - i q. CUP and DA Modification to allow a 239-unit affordable apartment site plan with 1, 2 and 3 bedroom units. Increase in open space, parking, and two 4 story buildings to accommodate increase in density from 213 to 239 making affordable project feasible. Alternative Compliance for removal of landscaping islands located under 0 covered parking (solar carports). D E V C 0 1 D E V C 0 U S C 0 M Property Size: 9.99 acres F ISSTICK RDA Total Units: 239 units Unit Breakdown: 120 1-bed (50%) 86 2-bed (38%) 33 3-bed (12%) Proposed Density: 23.9 du/acre Parking Provided: 523 spaces (2.18 per unit) r ; � ' 279 covered e.__,ut c •4 r 5 JIr � 1 T �I_ 1 CentrepointApartments Site Plan 0 0 41111p- PI On Site Amenities �! QUALITY OF LIFE ' Clubhouse with community space and - leasing office Fitness Facilities in Clubhouse `� \ Dog Park with Waste Station , OPEN SPACE Shaded Plaza / Courtyard with Activity Lawn Shaded Picnic areas with BBQ grills tables, benches, and landscaping RECREATION . r Perimeter Walking Trail } Children s Play Structure MULTI-MODAL AMENITIESOF Bicycle Parking with Bicycle Repair Station kN r � { I Will provide equal or superior benefit by: Ustick Road E rFSTICrt ROAD Providing • • • relief fromand heat islandeffectof C asphalt in parking lots M mill Contributing to traffic calming in parking lots, improving —18 degrees cooler) r I pedestrian . ..: CL I Ir 122%, Reducing • for • - I1 C� 1 -J, i r . - Ir1 III - I 1 Alternative Compliance Removal of landscape islands under covered parking (solar carports) "Affordable" = Income- Restricted Market Rate Housing Both Affordable Housing & Market Rate Residents desire: Safety Affordable Housing is no cheaper to .nt construct than Market Rate. The critical factors to control project affordability and feasibility are financing and density. EmploymentProximity To Family And Grocery Retail 0 . E V C 0 Affordable Housing Mechanics • Deed Restricted — Affordable housing restrictions will be in place for 40 years on all units providing stable supply for community. • Income Restricted — Serving residents whose income is 30-70% of Area Median Income for Ada County ($35,000 - $60,000). This includes teachers, pharmacy technician, government employees, retirees, recent college grads, and veterans. Owner Leasing & Management Practices Devco will own and maintain : Q• • • �� • • Onsite leasing & Income restricted with Buildings are protected by Key pad access required Onsite staff monitors maintenance staff, annual review of income sprinkler systems for clubhouse. Unit keys parking for inoperable 24-hr emergency contact and lease cannot be copied and the vehicles and cars not correct number of keys are associated with tenants issued at the time of Parking tags can be leasing/occupancy provided to tenants to differentiate resident and guest vehicles. Side byComparisonSide '" -- �.T aA+ a II Building A .� .Q� f� 3 Stories Building B1 j *' I � Fw 'oo ° 4 Storiesild, oQ ' 84i/ can di — _ , _� ildin D h ,...3 � _. { St r — g Dries ° �a - `r es 3 Ste ? Q' +� Building _�. r�eS y �l _ 2 Stories '! D Build ing C AI Building E i 3 Stories ! I 3 Stories i 2022 Approved Project -"�'" ' -� --_ DevCo Proposal Project Information 2022 Approved Project (2023 CZC) Devco Proposal Unit Count 213 Units 239 Units Building Heights 2- Story, 3-Story 2-Story, 3-Story, 4-Story Parking (Required/Provided) 386 / 442 475 / 523 Self-parked by pod Yes (2.07 per unit) Yes (2.18 per unit) Open Space + Amenities Exceeds Requirements Exceeds Requirements Vicinity r r fie:; •'" -�_..�a. -J�-- i 10 �e �2 r 316' 164' 196' =11 - � .&° 213' SW -- ---- I i LJ S7 KEY PLAN Building B1 PRIVA3vFENCE Building B2 LE ---------- --------.--..--.----..--..-------------------- ------------------------ -. RETAIL 4 .................... . .. 2 STORY RETAIL DR E UPTICK RC ��-... .,....... E'ICARD ST HOME 165-0 MULTI-FAMILY APT MULTI-FAMILY APT 335' Vicinity #3. Village Apartments (30 du/ac, 236' from SFD) &The Regency at River SITE Valley (22 du/ac, 85' from SFD) — a r 4 Stories, zoned C-G & R-40 Rol 0 c # � 5r ' C6 .., r #1. Old Town Lofts— 76 du/ac, 4 Stories, zoned O-T, 86' from SFD CL E Fairview Ave O 25 ` •�, ru #4. Bri at the Village —Senior Housing, EL 5 Stories, zoned C-G ry ,. E PFne Ave E Pine Ave ;Q e u an 0 E Franklin Rd I g #2. The Lofts— 24 du/ac, Tall 3 Stories, zoned C-G #5. Records Apartments—47 du/ac, 5 Stories Planned, zoned C-G Traffic Generation Table 1.Trip Generation Comparison Significant reduction in FrF bEWIVTflp Weekday traffic from Villasport Appr,wtd Land Use: approval . u 1I85RQrt' 2NO 31213 % 2OG 157 146 303 TI$ POSs fr-ps a Y ON) (;4 (12) rAl 0-9) 117) (36) Under the 259 units Met r8k21 TfipL 2,EZ7 84 42 1 176 138 IN 25F studied in 2022 T I S Multi-Famllw 221 1,249 22 74 96 K 39 101 Midi%' 1 ,152 89 update. artnU In Trips i.f� i C2 ]R RD 72 90 1€6 4 NNIIII TrafficGeneration = - �RpPCISEU-LRT VAULT T-- 6UIUDW SETBACK; dd FEET— �p�b— IAHASLLPLEOMM SCi FFETb; �S_i. 777 \ f C Y r r 1- `IRR. VAULT ^ R T } - J Ir WASMRY' PRIVACY Nvu_L d e 6C-60LT ' Applicant will improve Centrepoint I AMENITY IRR,Yi ¢ intersection . . AREA Pb[i IRR.VAULT T P Wayintersection with Ustick. ' TyP 1 � m F a w a 19.0' G 49 STALLS PROVIDED U F PROPOSED CONCRETE CLUE (19 COVERED) w I PEDESTRIAN SPEED I TABLE 75.0' 19.0' � MAL EDDIES ' J c� r 1` I BUILDING U ti I5-0' 33.0' I ¢' 2-STORY I 6C-13C I 9 YCLf PA KING— EtrBC 19.0' 26.0' 19.0' I � Ir AiA50NRY 1 fiC VACY WALL � rA W o 7>p I • E V C 0 • E V C 0 J S C 0 Cross -Access C. Cross-Access Easements. Sadie Creel, as grantor, hereby grants to Sadie Creck Commons and Corner Pocket , its respective tenants, contractors, employees, agents, cuss rners, licensees and invitees, and the subtenants, contractors, employees, agents, customers, licensees and invitees of such tenants, for the benefit of Parcel A and C, as grantee, a perpetual non-exclusive clusive easement for cross access by vehicular and pedestrian traffic, but net parking, upon or over roadways that may exist from time to time on Parcel B. Sadie Creep shall design and build roadways on its parcel in such a fashion so as to permit reasonable access through and across Parcel B and provide Pawel A and C access to Fagle Road from Sadie Creek Avenue. Sadie Creek is under no obligation to construct such roadways; however when constructed, such roadways must provide reasonable access across and through Parcel B and provide for Parcel A and C future access to Eagle Rd. Once constructed, Sadie Creep has the right to relocate the Improvements so long as the relocated improvement continue to provide reasonable access as required herein. Sadie Creep shall be responsible for performiD and paying for any maintenance, repairs, resurfacing or replacements related to this Cross Access Easement. Cross -Access dw IE Iv q:Lk IK L—i :-3j7i CUT-THROUGH EXHIBIT - CENTREPOINT to bar 15,10246iJ� Kim Morn D E V C 0 1 D E V C 0 U S C 0 M Letters of Support St. Luke's Health System Saint Alphonsus Health System Department of Veterans Affairs Medical Center Central District Health El-Ada Community Action Partnership Friends of Children and Families, Inc. Jesse Tree NeighborWorks Boise Conclusion Request Approval for: DA Modification & CUP Modification — 239 affordable residential units — Change from 2 and 3 story buildings to 2, 3, and 4 story buildings Alternative Compliance — Remove parking lot landscaping under solar carports Supplemental Materials t Z INII��III�VIIIIr�111ri�llllr�111 � w t Y i w• � � t TP T I 1K `49 wNAr J• r. , 1 w � ■JF 4 D E V C 0 D E V C 0 U S . C 0 M Neighborhood Cross Sections 61 Fo S2 A 62 L i C S3 KEY PLAN Building B1 Building B2 PRIVACY FENCE ------------------------------------------------ ........... ----- - ----- --------- E PICAR ...... ............... RETAIL RETAIL DR E USTICK RD ..........................= RE,':I D T-3 EEN fn ...........................=.... ... ...... 1651-01, 1 MULTI-FAMILY APT MULTI-FAMILY AFT 188'-G"APART S1 - PARALLEL TO CENTREPOINT WAY Building D Sections PRIVACY Building D B1 FENCE -------------------------------------- ----------------------------- - S2 A '-STORY .:..........:..... .. B2 ko ... E CP{ RANCH HOM=C'v %1ER YA.RC CENTREPOINT WAY _j S3 185' APART S1 KEY PLAN S2 — CENTREPOINT WAY TO E LESLIE DR Building D 61'-0"APA RT 2-STORY PRIVACY FENCE HOME S3 — PARALLEL TO CENTREPOINT WAY 0 a..r.�.*•s�.. '!� ,ram"�'� 4. rr�. - ' ON Mill 147 , — 0 c ,• -mow "'—'r— D E V C 0 D E V C 0 U S C 0 M 31 Building Comparison -------------------------------------------- ____________________-___________-------_-_ ___________ ---- ------------------ _______ � {T�� 11^JI ------ ------------- --------------�* ----- J E] H J U7 -_- -_-_ -_-_-_ _-_-_---_ _-_-_-_ -. - ----r-.-_- _ -._._-_._-_ F r � e 0 ------- ------ 4�;*------------------- B 1:52 ELEVATION 4 B1 with Pitched Roof PREVIOUSLY APPROVED ELEVATION HEIGHT PROPOSE[) MAXIMUM ELEVATION HEIGHT All proposed buildings are below the city code maximum height with pitched roofs. Building D on the west side of the site is proposed as a 2-story building, Buildings B2 and C are proposed as 3 story buildings, and Buildings A and B1 are proposed as 4-story buildings. The previous proposal was for flat-roofed 4-story buildings within the same height range as typical 3-story buildings previously approved for the center of the project.