To: Members of the Planning Commission
From: Sandy Vossler, Senior Planner, Development Services Department
Title
Site Development Plan for Lot 1, Heckendorf Ranch Filing No. 2 Amendment No. 3 Multifamily Development; Northwest Corner of Crystal Valley Parkway and Plum Creek Boulevard (Town of Castle Rock Project #SDP18-0010)
Body
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Executive Summary
This Site Development Plan (SDP) proposal is for a new 155 unit multifamily apartment and townhouse complex with private amenities to include a pool, community garden and dog park. The complex will be age-targeted to active adults and all of the units will be leased at market-rates (Attachment B).
Heckendorf Ranch is a master planned development (PD) located north and south of Crystal Valley Parkway on either side of Plum Creek Boulevard. The PD plan, approved in 2003, proposes a variety of use areas including single family, multifamily, commercial, office and retail. The zoning allows a maximum of 630 dwelling units, including a maximum of 224 multifamily units. To date, approximately 293 single family dwelling units have been issued Certificates of Occupancy and no multifamily units have been developed. This project would be the first multifamily development in the Heckendorf Ranch PD.
This proposal is in conformance with the approved zoning and Town criteria. Staff comments have been addressed through the review process. Staff recommends that Planning Commission recommend approval of the Site Development Plan to Town Council.
Budget Impact
Development of the property will generate review and impact fees, along with use taxes for multifamily developments. Other ongoing cost of serving a new neighborhood, in terms of public infrastructure and services, will be comparable to other multifamily residential developments in Castle Rock.
Staff Recommendation
Based on the analysis and findings summarized in this report, staff recommends that Planning Commission recommend approval
Proposed Motion
I move to recommend to Town Council approval of the Site Development Plan for Lot 1, Heckendorf Ranch Filing No. 2, Amendment No. 3.
Attachments
Attachment A: Vicinity Map
Attachment B: Site Development Plan