DCPREZ-2014-10673 - Laserfiche WebLink

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GENERAL DEVELOPMENT PLAN SUBMITTAL NARRATIVE 2500 Rimrock Road Applicant: 2500 Rimrock, LLC Legal Description: Lot Two (2), Certified Survey Map No. 13312 recorded in the Office of the Register of Deeds for Dane County, Wisconsin on July 5, 2012 in Volume 86 of Certified Survey Maps, Pages 68 through 73, as Document No. 4887821, located in the Town of Madison, Dane County, Wisconsin Tax Parcel Identification No.: 032/0709-363-2230-0 1.246 Acres or 54,311 Square Feet Project Overview The proposed building is part of the Novation Campus, a master-planned mixed-use urban infill redevelopment along Rimrock Road just south of the Beltline. To date, approximately 370,000 square feet of commercial space has been completed in the campus, either as office, specialty retail,or tech/lab space. Major employers include Meriter Health Services, Physician's Plus,Zimbrick Porsche,Audi, Mercedes and BMW dealerships, Great Wolf Lodge, Exact Sciences,AquaMost, Cardinal Health,Summit Credit Union, ITT Tech and many more. With the recent influx of employment and existing housing stock fully occupied,the proposed project would provide additional rental housing and neighborhood oriented services within close proximity to this employment base. Centrally located within the campus, the proposed project will be located at the intersection of Novation Parkway/Moorland Rd. and Rimrock Rd., a signal-controlled intersection that represents the primary entrance to the Campus and a primary intersection for the Indian Springs neighborhood to the East. As such,this location provides the best opportunity for service retail to serve neighborhood residents and campus employees alike,while encouraging a walkable urban environment. Plans call for a four-story building with commercial space on the first floor and 43 residential rental units on floors two through four, comprised of 38 one-bedroom units and 5 two-bedroom units. Parking will be provided primarily on-site behind the building with 68 surface spaces and one level of underground parking with 31 spaces. The subject site is also located on a Madison Metro Transit route. Subject to market demand, our goal is to attract neighborhood serving uses, such as a café, restaurant, deli, bakery, small market, music/dance/fitness uses, drycleaning/laundry or other similar uses for a portion of the space. PUD zoning is requested to allow for greater flexibility from traditional zoning requirements while providing a higher design standard with the use of metal panels, higher use of glass and concrete