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Home My WebLink AboutCC - Applicant's Presentation for 11-19 DEVCO | November 19, 2024Meridian City Council Hearing UstickEagle and Centrepoint Apartments 1 DEVCO | story flat roofs -story pitched roofs, 4-and 3-2deed restriction)yr-80% AMI, 40-239 affordable units (30 DevCo Proposal story pitched roofs-and 3-2nitsuate r213 market Approved Project Building ABuilding EBuilding D3 StoriesBuilding B2 StoriesBuilding FBuilding C4 StoriesBuilding ABuilding B1Building D Comparison to Approved Project 2 DEVCO | Conceptual Elevations 3 DEVCO | story, Pitched Roof-3story, Flat Roof-4story, Pitched Roof-4 CBuilding Height 4 DEVCO | Building B2 PARALLEL TO CENTREPOINT WAY –S1 Cross Sections 5 DEVCO | PARALLEL TO CENTREPOINT WAY –S3 CENTREPOINT WAY TO E LESLIE DR–S2 Cross Sections 6 DEVCO | Rd)UstickView from Northwest (7 DEVCO | View from Centrepoint Way 8 DEVCO | LaneVillereView from 9 DEVCO | and neighbor HOA.to south, as allowed by ACHD Centrepoint and private road No parking signs along and neighbor HOA.to south, as allowed by ACHD Centrepoint and private road No parking signs along parked-All buildings self•Higher parking ratio than current project•475 required, 531 provided (56 over)•Parking Data:parked-All buildings self•Higher parking ratio than current project•475 required, 531 provided (56 over)•Parking Data:8 additional spaces8 additional spaces Parking 10 DEVCO | to obtain new easements.current need and can work City Pathways recognizes access improved on site.WASD will bus students; bus lacks safe route to school.Neighborhood currently Safe Routes to School 11 DEVCO | from area hospitals, health organizations, and housing organizations.Support for Project•income restricted units76 planned •income restricted units with 1.1% vacancy96 existing •Eligible Households-Income3,343•mile radius of the site there are:-Within 4–Market Study •40 un/ac and housing to meet all incomes.-Calls for 6–Comprehensive Plan •Commits to expand housing to serve low and moderate incomes.–Meridian Consolidated Plan •Adopts strategic goal to expand affordable housing options.–Meridian Strategic Plan •Affordable Housing Needs 12 DEVCO | pharmacy techs, civic employees, retirees, new college grads, and veterans.$78,000). This includes teachers, -Income for Ada County (approx. $29,000 of Area Median 80%-30Serving residents whose income is –Income Restricted •on all units providing stable supply for community. 40 years Affordable housing restrictions will be in place for –Deed Restricted •Affordable Housing Mechanics 13 DEVCO | CONCLUSION: Request Approval of:(not 60%), consistent with HUD guidelinesMax. 80% AMI: 1.1bCond –Staff’s recommended conditions with one change Remove parking lot landscaping under solar carports–Alternative Compliance bldgsstory flat roof -with 4bldgsstory pitched roof -Replace two interior 3–Change from 213 market rate units to 239 affordable units–DA Modification & CUP Modification 14 DEVCO | Supplemental Materials 15 DEVCO | *Data provided by Third Party Market Study conducted by Novogradac in March of 2024. 40%.–rents and the average market rent is 38 The gap between affordable income restricted •income restricted units76 planned •vacancyincome restricted units with 1.1% 96 existing •Income Eligible Households3,343•mile radius of the site there are:-In a 4•Affordable Housing Demand 16 DEVCO | SITE Vicinity Map 17 DEVCO | Overall Density: 18 units/residential acTotal Units Built/Approved: ~1,873 unitsTotal Residential: 101 ac (22%)-Total MUresidential area).(of the 6 to 40 units/acre from area, with gross densities ranging of the development 10% and 30% expected to comprise between Residential uses are -RG-MU apMFuture Land Use 18 DEVCO | 15-R8-RG-CG-C Zoning Map 19 DEVCO | (2019)VillaSportHistory: 20 DEVCO | Family Approval (2022)-History: Multi 21 DEVCO | Centrepoint Apartments Site Plan Parking Provided:279 covered523 spaces (2.18 per unit)Proposed Density:23.9 du/acreUnit Breakdown:bed (12%)-33 3bed (38%)-86 2bed (50%)-120 1Total Units:239 unitsProperty Size:Eagle Road 22 DEVCO | On Site Amenities· Bicycle Parking with Bicycle Repair StationMODAL AMENITIES-MULTI· Children's Play Structure· Perimeter Walking TrailRECREATIONand landscaping· Shaded Picnic areas with BBQ grills tables, benches, · Shaded Plaza / Courtyard with Activity LawnOPEN SPACE· Dog Park with Waste Station· Fitness Facilities in Clubhouseleasing office· Clubhouse with community space and QUALITY OF LIFE 23 DEVCO | covered parking (solar carports)Removal of landscape islands under Alternative Compliance Will provide equal or superior benefit by: Reducing utility cost for residentspedestrian safetyContributing to traffic calming in parking lots, improving asphalt in parking lots (~18 degrees cooler)Providing relief from the visual and heat island effect of Eagle RoadRoadUstickCentrepoin t Way 24 DEVCO | update.studied in 2022 TIS Under the 259 units approval. VillaSporttraffic from Significant reduction in Traffic Generation 25 DEVCO | 40-G & R-4 Stories, zoned C–(22 du/ac, 85’ from SFD) Valley & The Regency at River (30 du/ac, 236’ #3. Village Apartments G-Senior Housing, 5 Stories, zoned C68 un/ac -#4. Bri at the Village T, 86’ from SFD-4 Stories, zoned O–#1. Old Town Lofts SITE15432 G-5 Stories Planned, zoned C47 du/ac,–#5. Records Apartments G-zoned C24 du/ac, Tall 3 Stories, –#2. The Lofts Vicinity Building Heights 26 DEVCO | Access-Cross 27 DEVCO | Access-Cross 28 DEVCO | 29 DEVCO | 30 DEVCO | Vicinity Distances 335’Building B1Building B2 196’213’164’316’243’31 DEVCO | 200’147’176’61’185’32 DEVCO | will own and maintain:Devco Owner Leasing & Management Practices guest vehicles.differentiate resident and provided to tenants to Parking tags can be associated with tenants vehicles and cars not for inoperable parking Onsite staff monitors leasing/occupancyissued at the time of correct number of keys are and the be copied cannot Unit keys for clubhouse. required Key pad access sprinkler systemsBuildings are protected by and leaseannual review of income with Income restricted hr emergency contact -24maintenance staff, Onsite 33 DEVCO | intersection. UstickCentrepoint/Applicant will install new turn lane at Traffic Improvements 34 DEVCO | Boise Rescue MissionNeighborWorks BoiseJesse TreeFriends of Children and Families, Inc.Ada Community Action Partnership-ElCentral District HealthDepartment of Veterans Affairs Medical CenterSaint Alphonsus Health SystemSt. Luke’s Health System Community Support 35 DEVCO | View from Eagle Rd 36 DEVCO | View from Bourbon & Picard corner 37 DEVCO | View from South (Cajun Ln)38