AGENDA CAPTION:
Title
Consider approval of Ordinance 2015-42, on the second of two readings, related to the Highpointe Investments (“Trace”) mixed use development project located on 417.63 acres of land, more or less, located between South IH -35 and old Bastrop Highway and South of Posey Road: amending the official zoning map of the City by establishing a zoning classification for said tract of “PDD” Planned Development District with base zoning districts of “SF-6” Single-Family District, “MF-24” Multiple-Family Residential District, “GC” General Commercial District, “CC” Community Commercial District, “NC” Neighborhood Commercial District and “P” Public and Institutional District; approving planned development district standards for the district; including procedural provisions; and providing for penalties.
Body
Meeting date: October 20, 2015
Department: Planning and Development Services
Funds Required: N/A
Account Number: N/A
Funds Available: N/A
Account Name: N/A
CITY COUNCIL GOAL: Economic Development; Quality of Life and Place
COMPREHENSIVE PLAN ELEMENT(s): Land Use: Goal 1; Neighborhoods & Housing: Goal 4; Economic Development: Goal 4
BACKGROUND:
This a request by Highpointe Investments, LCC, for approval of a “PDD, Planned Development District” for approximately 417.63 +/- acres within the city’s extra territorial jurisdiction (ETJ).
The proposed PDD is intended to facilitate a phased mixed-use development that will include employment center uses, commercial uses, multi-family residential, single family residential, as well as approximately 84 acres of parks and open-space. Consistent with the purpose for creation of a PDD, this proposal intends to allow for flexibility in land use and phasing while providing for a number of enhanced standards and amenities.
Major public improvements within the project, including collector streets, water and wastewater improvements, drainage improvements, and a portion of the cost of a fire station, are proposed to be financed through the creation of a two-phase reimbursable Public Improvement District (PID). Additionally, the project is located outside of the Loop 110 Transportation Reinvestment Zone. Thus, ad valorem and sales tax revenue will benefit the City of San Marcos.
A review worksheet is attached to this report which details the analysis of the zoning change using Comprehensive Plan Elements.
Staff presents this request to City Council and recommends approval.
This item was presented to the Planning & Zoning Commission for discussion at the August 11, 2015 meeting. Subsequently, a public hearing was held for this item at the September 22, 2015 Planning and Zoning Commission. No citizen’s spoke during the public hearing and the Commission approved the request on a unanimous vote of 8-0.