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HomeMy WebLinkAboutCavanaugh CC 3A Master Planned Community for South Meridian DBSI Group of Companies Who is Kastera Development? Locally owned…Part of DBSI Group. Offices in Meridian and Boise. 14 Developments in Treasure Valley. National Exposure – Interest from buyers and tenants. 1/3 of Kastera employees live in Meridian. Tanana Valley Tanana Valley 548 Units - Approved by City - Sold to Kastera - Staff Input - Agency Input - Market Input - Implemented a Kastera Approach ? ? Neighborhood Infill at Cavanaugh… Strada Bellissima Meridian Greens Observation Pt. Tuscany Reflection Ridge Meridian Heights New Development Approach… Proceed with New Economic Analysis and Master Plan. Record Final Plat Phase 1. New Preliminary Plat & Zone Change for true Neighborhood Village Center. CUP to Preserve and Reuse Caven Home. Same Density, 548 Units (no change). Donated Easements to City for Trunk Sewer. Start Construction Spring 2008. Preliminary Plat Application PP -07-015 Same Density - 548 Residential Units True Village Center. Loft/Workforce Housing. Upscale Apartments. Attached Condo Units. Mixed Neighborhood Retail. Walkable with Employment. Parks, Paths, Social Hall, two pools, 15.6% Open Space. School Site Civic/Social Hall CUP Caven Home CUP-07-017, MI-07-011 Architectural Elements RZ -07-014 Architectural Elements RZ -07-014 Architectural Elements RZ -07-014 Architectural Elements RZ -07-014 Architectural Elements RZ -07-014 Architectural Elements RZ -07-014 Key Elements of Zone Change RZ -07-014 Enables City and Kastera to demonstrate a TRUE & VIABLE Village Center. Mixed Housing & Live/Work Force Units. Local Neighborhood Market & Services. Increased Employment & Tax Revenue. Acceptance of Conditions Quality Architectural Vision & Guidelines. Building Materials Commitment. (see display board) Design Excellence. (see renderings) We Accept Approval Conditions. Request #7.1.8 Remain as Written. (right turn-in lane) Right-In Only… Approved by ACHD, Market Warrants Only an Entrance…No Exit Impact to Arterial On Behalf of Kastera and DBSI Please thank your Planning Department staff for embracing and facilitating redevelopment alternatives… Thank you for elevating the identity of the City of Meridian… Built for Business… Designed for Living On Behalf of DBSI & Kastera Development Thank You… We Won’t let You Down!