Staff Report James P. Colombo Sketch Plan Mixed Use Development New Castle Town Council Meeting June 6, 2017

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Town of New Castle 450 W. Main Street PO Box 90 New Castle, CO 81647 Planning & Code Administration Department Phone: (970) 984-2311 Fax: (970) 984-2716 (1) Staff Report James P. Colombo Sketch Plan Mixed Use Development New Castle Town Council Meeting June 6, 2017 Report Date: 5/31/2017 Name of Applicant: Project Information James P. Colombo Applicant s Mailing Address: 300 Horseshoe Dr., Basalt, CO. 81621Telephone (970) 618-9222 /Phone/Email colombo@sopris.net Property Address: TBD, New Castle, CO 81647 Property Owner: James P. Colombo Owner Mailing Address 300 Horseshoe Dr., Basalt, CO 81621 Proposed Use: Mixed Use Development Legal Description: Lakota Canyon Ranch, Lot 2B, Phase 7 Street Frontage: Existing Zoning: Surrounding Zoning: Castle Valley BLVD. and proposed street to the northwest of the subject property Mixed Use (M/U/PUD) North Mixed Use/PUD (MU), South R/2/PUD, West Mixed Use (MU/PUD) and East Mixed Use (MU/PUD) I Description of application: This is an application for a Sketch Plan for property zoned M/U/PUD northwest and adjacent to the Fire Station on Castle Valley BLVD. The applicant, James P. Colombo is required to submit the Sketch Plan to the Town Planner (Planner) for a completeness review and the Planner refers it to the Planning & Zoning Commission (P&Z). There is no requirement to recommend approval or denial by motion of the Town Council. It merely is a chance for council members to ask questions.

(2) The P&Z held a public meeting on May 24, 2017 to discuss the merits of Mr. Colombo s Sketch Plan application. Mr. Colombo presented his application to P&Z members by detailing as much information that he currently has. The detailed site plan shows proposed density of 17.261 units per acre (2.607 acres). There are eleven (11) residential apartments above eleven (11) commercial units in building one (1), eight (8) residential townhouses in building two (2), nine (9) residential townhouses in building three (3), eight (8) residential townhouses in building four (4) and eight (8) residential apartments with shops below (commercial trades). Mr. Colombo has combined units in building one (1) and building five (5). Members of the P&Z had questions regarding the following: 1. Traffic Impact on Castle Valley Blvd.? Mr. Colombo said a traffic study will be done. 2. Will commercial units be leased? Mr. Colombo said all units will be either leased, rented or sold including townhouses. 3. Will all units be constructed at the same time? Mr. Colombo stated there will be three (3) phases. 4. Have you (Colombo) had experience developing a mixed-use development? Mr. Colombo mentioned he had experience with these type of developments. 5. Are the price points set? Mr. Colombo said there will be 600 sq. ft. apartments and 1000 12000 sq. ft. townhouses ranging from $100,000 to $450,000. Commercial and shop units will be sized according to the needs of the business owner and price points will fluctuate. 6. How high will the second floor buildings and townhouses be? Mr. Colombo said twenty-six (26) feet. (It is under the maximum height allowed) 7. Will the buildings be reviewed by the Lakota Canyon Ranch (LCR) Design Review Committee? Mr. Colombo said yes with the caveat that it is not necessarily required. The buildings will have a contiguous design similar to homes in LCR. 8. How long do you expect the development to take? Two (2) to three (3) years in three (3) phases. 9. Some P&Z members were greatly concerned about the effect this development will have on downtown New Castle businesses and wanted to hear how that might be mitigated. Mr. Colombo stated that a successful development like this will be good for businesses as new businesses moving in will see that the downtown is an attractive place to open new businesses downtown. Patrons will find they will have more options to go to restaurants, coffee shops, deli & bakery shops, etc. II Development Application Contents: 1. Development Application 2. Exhibit A 3. Vicinity Map 4. Checklist Planned Unit Development Sketch Plan 5. Preliminary Site Plan 6. Preliminary Detailed Site Plan III Application Checklist Requirements:

(1) Development Application Staff Comment Submitted (3) (2) Map of proposed area Staff Comment Applicant submitted site plan and a detailed site plan (3) Size of site Staff Comment Submitted 2.607 acres. (4) Proposed uses: Staff Comment The detailed site plan shows Residential/Commercial, Residential Townhouses, and Residential/Shop (5) Water and sewer line location maps with anticipated connection sites: Staff comment Shown on both site plans (6) Location of proposed and semi-public uses (dedicated and otherwise) Staff Comment A park with a playground and gazebo is located on the detailed site plan. A 10 wide hike and bike trail is also on the detailed site plan (to be dedicated to the Town) There is no recommendation required