At the January 26, 2016 City Council Meeting at the Addison Conference and Theatre Centre, Fenway Development presented proposed plans for the 17.4 acres located at 4150 Belt Line Road where the former Sam’s Club site currently sits. The Addison Planning and Zoning Commission approved the development at its January 5, 2016 meeting.
In total, the proposed concept plan reviewed at the meeting anticipated:
- 161 Townhouses;
- 17 Live/Work Units;
- 350 multifamily apartments;
- 20,025 square feet of retail along Belt Line Road; and
- Approximately 1.24 acres of land on the east side will be dedicated to the Town for public open space.
During his presentation on January 26, the developer shared the percentage breakdown of the various land uses on the site:
- Live/Work Units 2.32%
- Retail 7.25%
- Apartments 17.21%
- Townhouse 48.6%
- Greenspace 24.61%
After hearing from the developer, traffic engineer, Town staff and residents, the Council approved the project with a vote of 5 – 2.
The project approval included conditions recommended by staff – upgrading Runyon Road, adding noise mitigation methods to the construction plans, increasing the minimum size of the sewer lines and realigning the entrance/exit across from the parking structure – as well as the following changes to the submitted plans:
- The existing screening wall along the southern property line shall not be removed until construction has commenced on the townhome units along the wall.
- A maximum of 330 multifamily units shall be allowed.
- The proposed street shown on the east side of the development shall be constructed with retractable bollards at Beltway Drive to provide for public safety access only.
- A short, wrought iron or decorative fence or wall shall be installed to delineate the front yards of the townhomes facing Beltway from the public green space/park.
- At least 25 live/work and/or townhome units must be under construction prior to the issuance of a building permit for the multifamily units or the garage building.
- Medical and health related uses shall be permitted upon approval of a Special Use Permit.
- All construction traffic shall access the site from Runyon Road and Belt Line Road only.
- The proposed street shown on that east side shall also be constructed with speed/traffic calming devices.
- The multifamily units shall be constructed as follows:
- The entire multifamily building and parking garage shall be LEED certified;
- There will be no linoleum or Formica surfaces in the units;
- All units shall be equipped with energy efficient appliances;
- All countertops must be granite, stone or better material.
- Courtyards shown on the Concept Plan will be designed and constructed with enhanced architectural and landscaping features including such elements as water features, landscaping and art features.
Following the vote on the project, Council instructed staff to enter into negotiations with the developer on an incentive proposal that would serve to reimburse for the construction of public infrastructure to facilitate the project. The maximum incentive would be $6.5 million and include permit/development waivers, plus reimbursement for utilities as well as street and park development.
As part of the agreement, the developer offered to deed restrict the multi-family property and garage building to prohibit the use of government subsidies to construct, operate or rent the multi-family units. They have also been required to give the City Council reasonable approval of the apartment developer/operator.
It is anticipated that the finalized incentive proposal will be presented to Council at the February 23 meeting.
Since the January meeting, the developer has closed on the property and is the in process of preparing development plans that will be submitted to the Town for review and approval in the coming weeks. Those plans, which will include building elevations, site plans, floor plans and landscaping, will then be presented to the Planning & Zoning Commission and finally to Council.
For additional information on the project and links to presentations, traffic studies and more, please visit addisontexas.net or http://bit.ly/FormerSamsClubAddisonProposedRedevelopment.