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by the street edge to provide a sense of enclosure and to reinforce the pedestrian zone with parking <br /> under and behind the building. <br /> Dwelling Unit Types and Land Uses <br /> One Bedroom Senior Rental Units: 36 <br /> Two Bedroom Senior Rental Units: 24 <br /> Total Residential Units: 60 <br /> Prohibited Land Uses <br /> -Tattoo Parlor, Pawn Shop, Payday Loan Establishment, Sexually Orientated Businesses <br /> Development Densities and Ratios <br /> • 38.17 Units per Acre* <br /> • Building Coverage: 22.6% <br /> • Open/Green Space Ratio: 44.6% <br /> • Floor Area Ratio: .9 <br /> • Hard Surface: 30.2% <br /> • 1.33 Parking Spaces per dwelling unit(80 Spaces)** <br /> • The 2500 Novation development which was recently completed has 43 units on a 1.246 acre site <br /> resulting in a density of 34.51 dwelling units per acre. This development has a comparable density <br /> with that of the project. <br /> **Approximately 10 bicycle stalls will be available at the rear of the building. These stalls will help <br /> lower the demand for vehicular parking spaces for the project. The proposed parking ratio 80 stalls <br /> resulting in a parking ratio of 1.33 stalls per unit is below the 1.5 stall requirement(under current <br /> standards 90 stalls would be required). It should be noted that the senior nature of the facility will <br /> inherently require limited parking. The ratio of one bedroom units(36) to two bedroom units(24) <br /> increases the likelihood of single-person households that have at most one vehicle. Most households <br /> will have one car;some households will not have any vehicles. In addition, the location on a transit <br /> line and bicycle parking spaces could meet the standards for a 25%reduction from the requirement <br /> (90 x 75%=66 required stalls). <br /> Signage <br /> As noted on the enclosed plans, one monument sign will be located at the intersection of Novation <br /> Parkway and 89t' Degree Street. This sign will be constructed of high quality materials and will be <br /> approximately six feet in length and approximately four feet high. The sign will be located outside of the <br /> vision triangle. <br /> Projected Timeline <br /> GDP Approval: July 2016 <br /> SIP Approval: September/October 2016 <br />