Agenda - 10-15-2003-3 - Laserfiche WebLink

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. ~~ ~ apel Watch Village - ZAA Statement of Justificafton ,~, ~; May 20, 2003 ~ ~ % ~' Page 3 of S • A large assemblage of land north of this subject site is denoted as being appropriate for intense Mixed Use development (a second potential future employment center); • The subject site• is appropriate for medium-density residential uses (48 units per acre). Based on the evolution of the northwest area as reflected and envisioned through the 2000 Comprehensive Plan and associated Land Use Plan, and the fact that the vast majority of the developable portions of this site are prime buildable, the subject site emerges as an ideal candidate to be developed at the upper end of the targeted range of residential density targeted in the Town's Comprehensive Plan and accompanying Land Use Map.. Accordingly, the developer is proposing to develop the subject site as a medium density residential use, with a maximum density of 8.06 dwelling units per acre on the site, in accordance with the Purposes 'of the Comprehensive Plan and the Land Use Plan. Achieving Saecific Themes of the Comarehensive Plan In addition to achieving the general purposes of the Comprehensive Plan, the applicant also believes that this rezoning is justified because the requested Zoning Atlas Amendment (for a Residential-S-Conditional (R 5-C) zoning district) and accompanying Special Use Permit application will achieve several specific themes that aze discussed in the Town's Comprehensive Plan. The consistency of the requested Zoning Atlas Amendment and accompanyuig Special Use Pernut with these individual themes is discussed below. Theme: Create and preserve affordable housing opportunities... The Town's Comprehensive Plan places a high priority on the provision of a variety of housing, opportunities to accommodate the needs of the Town's diverse population, and to allow citizens to live close to their places of employment. In particular, the Town has noted that a majority of all new residential construction .over the last ten years has consisted of higher end single-family housing. Accordingly; the. Comprehensive Plan places a heavy emphasis on the Town's need to encourage the development and provision of affordable housing opportunities, stating that: "As a general policy, the Town should encourage developers of residentiai developments of five or more units to 1) provide 15 percent of their units at prices affordable to low and moderate income households, 2) contribute in-lieu fees, or 3) propose alternative methods so that the equivalent of 15 percent of the units will be available to low and moderate income households"