E-3 C15-2021-0048 PRESENTATION — original pdf
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8300 N IH-35 SVRD SB Board of Adjustment July 12, 2021 E-3/1-PRESENTATION E-3/2-PRESENTATION 8300 N IH- 35 SVRD SB Site: 3 acres 130,680 SF 600 E Powell Ln. Site: 1.74 acres 75,795 SF E-3/3-PRESENTATION Hardship • The hardship incurred is caused by the conversion of a hotel into a dense, affordable multifamily use. • Since the parking for the hotel and the location of the units has been established, and the conversion to a multifamily use must fit within the historical parameters, in order to provide code-required parking, the owner must: a) Shutter existing units (approx. 34 units); or b) Utilize offsite parking (with the expense being passed on to the tenants). • In a “greenfield” development or a redevelopment where the improvements are razed, this hardship would not occur. • The redevelopment is proceeding in this manner in order to preserve the deepest levels of affordability that is economically viable for the entire project. E-3/4-PRESENTATION Hardship Parking: Studio 1-bedroom 2-bedroom Total Request: Bedroom Type Total Units Required Parking per Unit Required Parking 67 138 21 226 units 1.5 1 2 67.0 207.0 42.0 316 284 Total parking with §25-6-478 (E2) Reduction: 317* 0.9 • Approx. additional 18% reduction to minimum parking requirements. E-3/5-PRESENTATION E-3/6-PRESENTATION Choices Options Parking Spaces On-Site Off-Site Impact on Rent Impact on Density 239 spaces None None 239 spaces 44 spaces Raise Rents None 239 spaces None Lose: 20 1-bedrooms 14 Studios 0 0 A B C E-3/7-PRESENTATION Project Summary • Reuse existing extended stay hotel building for a deeply Affordable multifamily residential use • 218 hotel units = 226 proposed residential units • 67 studios • 138 one-bedroom units • 21 two-bedroom units • 50% of units @ 60% MFI • Affordable for 40 years • Affordable units will match overall unit mix E-3/8-PRESENTATION of Off-Street Request Requesting a variance from LDC § 25-6, Appendix A Loading (Tables Requirements) for Multifamily Use to decrease the parking requirements for 1-bedroom and dwelling units larger than 1-bedroom to 1 space in order to convert existing hotel into deeply Affordable multifamily use. Parking and • Create new 10-foot pedestrian trail to Powell Lane. • Contribute $25,000 for construction of trail. • Utilize Powell Lane site for two years as temporary parking. E-3/9-PRESENTATION E-3/10-PRESENTATION E-3/11-PRESENTATION Safe Access to Mass Transit • 10-foot pedestrian use easement along eastern property line at 600 Powell Lane. • $25,000 contribution for construction of trail. • Reduces travel time to eastbound and westbound stops by 32% and 14%, respectively. • Provides pedestrians with safe passageway to park and CapMetro bus stops. E-3/12-PRESENTATION Westbound Current Pedestrian Access to CapMetro Route 324 Eastbound 0.18 mi Proposed Alternative Route E-3/13-PRESENTATION Westbound Safe Pedestrian Access to Park and CapMetro Route 324 Eastbound 0.11 mi E-3/14-PRESENTATION U.S. Department of Transportation E-3/15-PRESENTATION CapMetro Eastbound Stop E-3/16-PRESENTATION CapMetro Westbound Stop E-3/17-PRESENTATION Stops Site Highland Station – Red Line E-3/18-PRESENTATION E-3/19-PRESENTATION E-3/20-PRESENTATION E-3/21-PRESENTATION E-3/22-PRESENTATION E-3/23-PRESENTATION E-3/24-PRESENTATION E-3/25-PRESENTATION E-3/26-PRESENTATION E-3/27-PRESENTATION E-3/28-PRESENTATION E-3/29-PRESENTATION E-3/30-PRESENTATION Pedestrian Access to Powell Ln. E-3/31-PRESENTATION E-3/32-PRESENTATION