505 Zang Street Apartment Complex

Location: 505 Zang Street

Project Type: Concept Review for a Multifamily Residential Development

Applicant: Exodus

Project Description: The concept plan review for a proposed 96 multifamily residential units on 3.74 acres was reviewed by City Council on October 19, 2021.

To view plans for this proposal, please find links within the document library.

Consistency with Zoning: The property is zoned Planned Unit Development (PUD) and subject to the Midcities PUD Plan. 

Consistency with the Comprehensive Plan and Compatibility with Surrounding Uses: The proposed use for the property is consistent with the Comprehensive Plan and the US 36 Subarea Plan.

Long Range Financial Plan: Since the proposal is for multi-family use, it is not consistent with land use assumptions in the long range financial plan.

Conceptual Sustainability Elements:  Sustainability components have not been finalized at this stage of the process. Staff will work with the applicant on incorporating sustainable practices (e.g. EV charging stations, conduit infrastructure to expand EV charging stations in the future and appropriate site lighting) into the formal development plans, if the project proceeds past the concept stage.

Inclusionary Housing: The affordable housing proposal includes approximately 19 units to be offered at 60% of area median income (AMI).

Potential Key Issues for Discussion: 

Staff has preliminarily identified the following key issues

• Setback variance (west side yard parking lot encroaches 10 feet into the 20 foot setback)
• Parking variance should the parking agreement not demonstrate that it provides enough parking
• An increase in unit density and an increase in the number of residential units within Midcities will require a planned unit development plan amendment
• A reduction in commercial uses adversely impacts the Long Range Financial Plan
• Public land dedication

Project Summary:
The applicant completed the concept plan review.