D-2 C15-2021-0101 PRESENTATION — original pdf

Backup

Koenig Lane Compatibility Variance Request 1 D-2/1-PRESENTATIONKoenig Lane City policies establish a clear vision for the site as an appropriate location for directing new growth and obtaining affordable housing and quality parkland. 2 D-2/2-PRESENTATIONKoenig Lane City policies establish a clear vision for the site as an appropriate location for directing new growth and obtaining affordable housing and quality parkland. However, the site faces unique constraints that meaningfully impact its ability to achieve this reasonable use, impacting the site from all sides. 3 D-2/3-PRESENTATIONKoenig Lane City policies establish a clear vision for the site as an appropriate location for directing new growth and obtaining affordable housing and quality parkland. However, the site faces unique constraints that meaningfully impact its ability to achieve this reasonable use, impacting the site from all sides. The requested compatibility variance addresses this issue – and is supported by the North Loop Neighborhood Association and the Parks & Recreation Department. 4 D-2/4-PRESENTATION403 E. Koenig – located within the North Loop Neighborhood D-2/5-PRESENTATIONThe site is within an Imagine Austin Center. D-2/6-PRESENTATIONThe site is surrounded on three sides by the Transit Priority Network. D-2/7-PRESENTATIONThe site is along the Red Line Parkway, a future Tier 1 Urban Trail. D-2/8-PRESENTATIONConstraints: Over 16% Constraint Site Area Impacted Geographic Proximity to Railroad Crossing (East) and Avenue F/Koenig Lane Intersection (West) Site Layout Impact Public Utility Easement and Electrical and Telecoms Easement (East) On-Site Protected Trees Water Line (North) Power Line (South) Site Shape (East) 1.04% 7.53% 2.41% 5.54% Site Layout Impact 9 D-2/9-PRESENTATIONConstraints: Over 31% Constraint Site Area Impacted Geographic Proximity to Railroad Crossing (East) and Avenue F/Koenig Lane Intersection (West) Site Layout Impact Public Utility Easement and Electrical and Telecoms Easement (East) On-Site Protected Trees Water Line (North) Power Line (South) Site Shape (East) Key Consideration: Ensuring Quality Parkland 1.04% 7.53% 2.41% 5.54% 15% Site Layout Impact 10 D-2/10-PRESENTATIONFor Illustrative Purposes Only Without Requested Variance 11 D-2/11-PRESENTATIONImagine Austin For Illustrative Purposes Only With Requested Variance 12 D-2/12-PRESENTATIONWithout Requested Variance: • Does Not Fully Meet City Vision • Does Not Address Hardship • Divided Parkland • Less Affordability With Requested Variance: • Implements City Vision • Addresses Hardship • Larger, Consolidated Parkland • Maximizes Affordability 13 D-2/13-PRESENTATIONContext: Vertical Mixed-Use Project VERTICAL MIXED-USE 10% AFFORDABLE UNITS 40-YEAR AFFORDABILITY Affordable Units – With Variance: Affordable Units – Without Variance: Affordable Unit Loss Without Variance: Affordable Unit Gap in District 4: 52 units 42 units 10 lost units 398 missing units 14 D-2/14-PRESENTATIONSupport for Applicant Request Parks and Recreation Department Letter of Support: “A consolidated park would provide much greater value, with more contiguous parkland serving more people and offering a greater opportunity to fully develop quality on-site parks amenities.” North Loop Neighborhood Association Letter of Support: “As this is one of the last available commercially zoned sites of this scale within our boundaries, many of us see this as a once in a generation opportunity to provide a needed improvement to the livability of our neighborhood.” 15 D-2/15-PRESENTATIONRecap Site constraints are preventing a reasonable use for 403 E. Koenig Ln., reducing affordable housing and splitting up the on-site parkland. 16 D-2/16-PRESENTATIONRecap Site constraints are preventing a reasonable use for 403 E. Koenig Ln., reducing affordable housing and splitting up the on-site parkland. Approving the requested variance and allowing base zoning height (60 ft.) across the site will address these constraints and maximize parkland and affordability. 17 D-2/17-PRESENTATIONRecap Site constraints are preventing a reasonable use for 403 E. Koenig Ln., reducing affordable housing and splitting up the on-site parkland. Approving the requested variance and allowing base zoning height (60 ft.) across the site will address these constraints and maximize parkland and affordability. Both the Parks and Recreation Department and the North Loop Neighborhood Association support the applicant’s request. 18 D-2/18-PRESENTATION19 D-2/19-PRESENTATIONCase Outcomes Area With Variance Without Variance Addresses Site Hardships Most Fully Achieves City Vision Larger, Consolidated Parkland Maximizes Affordability ✓ ✓ ✓ ✓ ✗ ✗ ✗ ✗ 20 D-2/20-PRESENTATION