Agenda Item Title:
21PD001 - Final Planned Development Overlay to allow multi-family development
Origination Group:
Planning Commission
Origination Meeting Date:
02/18/2021
Petitioner:
VanDeWalle Architects, LLC for Lloyd Companies
Staff Contact:
Marty Gillies, Current Planner I
Location:
427 Degeest Drive
Agenda Item Summary:
The applicant has submitted a Final Planned Development Overlay to allow an affordable apartment complex on a property located at 427 Degeest Drive. The project will help meet the need in Rapid City for affordable housing and make progress towards the Comprehensive Plan goals of building a community that is inclusive, vibrant, and safe. Specifically, the applicant is proposing to construct a 41-unit, 3-story apartment building on the property that provides housing for tenants with household incomes at or below 30% - 60% of the Rapid City median income. The subject property is 1.7 acres in size, zoned Medium Density Residential District and Office Commercial District, and located within a Planned Development Designation. Pursuant to Section 17.50.050 of the Rapid City Municipal Code, a Final Planned Development Overlay must be reviewed and approved prior to issuance of a Building Permit for any property located within a Planned Development Designation. As such, the applicant has submitted this Final Planned Development Overlay application to allow the proposed apartment building.
Funding Source & Fiscal Impact (if applicable):
| Funding | Cost Center |
|---|---|
Recommendations:
Origination Recommendation Action:
Approve with Stipulations
Origination Recommendation Notes:
Planning Commission Approved with Stipulations outlined in the Project Report: 2/18/2021