Public Hearing: A revision to the approved re-development plans for the southeast corner of 70th and France (7001 & 7025 France Ave. S).

This proposal was approved at City Council on November 16, 2021.

Mortenson and Orion Investments are requesting a revision to their approved re-development plans for the southeast corner of 70^th and France. The developer has stated that due to a dramatic shift in international markets, inflation, and the rising cost and limited availability of construction materials has caused the previously approved plan to no longer be economically feasible.

The approved plans were to tear down the existing 66,200 square foot office and bank, and build the following:

• A one-story, 24-foot tall 6,500 s.f. US Bank with drive-through (Phase 1);
• A 24-Story, 282-foot tall 270-unit apartment with 5,000 s.f. of retail;
• A 10-story, 146-foot tall, 190,000 s.f. office/retail building; and
• A 9-story, 90-foot, 110-unit apartment building.

The revised plans have slightly reduced the size of the project by eliminating the 9-story apartment building to build the following:

• A one-story, 24-foot tall 6,500 s.f. US Bank with drive-through (Phase 1);
• A 24-Story, 270-foot tall 267-unit apartment with 1,500 s.f. of retail;
• A 6-7-story, 105-foot tall, 188,058 s.f. office/retail building; and
• An 8 level, freestanding 540-stall parking ramp with a 1,300 s.f bike facility

The request requires:

• A Zoning Ordinance Amendment to revise the PUD Zoning District; and
• An amendment to the Overall Development Plan.