1. Amendments to Palm Coast Apartment Planned Unit Development Agreement
September 20, 2006
PLDRB meeting

2. Project Location: Northwest corner of Pine Lakes parkway and Belle Terre Parkway

3. Future Land Use Map: Mixed Use Map of Town Center
Institutional
Mixed-Use
Residential

4. Current zoning: Planned Unit Development (PUD)
PSP
P&G
MFR-2
PUD
SFR-3
COM-2

5. PUD Agreement Adoption
PUD Agreement adopted May 2, 2000
Construct a single-phase, 216-unit multi-family development consisting within 14 buildings.

6. REQUEST # 1: Change the name of the project to “Residences at Pine Lakes”
Staff has researched and found no existing plat or Florida Corporation with the name within Flagler County that would cause confusion.

7. REQUEST # 2: Construct 2 buildings for condominium units as a second phase of development. REQUEST # 3: Allow a 3 year time extension for a second phase of development
The completion of the 2 buildings should not have a negative impact on the surrounding property owners or on the City’s infrastructure.
Allowing 3 years extension provides the time needed for the permit and construction process

9. Infrastructure is in place
REQUEST # 4: Convert the existing apartment units to condominium units after December 31, 2010
Infrastructure is in place
Language in PUD Agreement provides for compliance with provisions of the Florida Building Code(s) as required, adopted by the City

10. Consistency with Comprehensive Plan
Although the applicant is requesting a change from apartment to condominium, they are considered multi-family development and is consistent with several policies.
Limited number of Condominium units located on the northwest side of I-95.
Criteria for multi-family residential zoning districts (roads, utilities, school, Parks).

11. Recommended Action:
The Planning and Land Development regulation Board recommend to City Council approval of the modifications to the Palm Coast Apartment PUD Agreement.