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Item H2 LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: Auqust 17, 2005 Division: Land Authority Bulk Item: Yes No L Staff Contact Person: Mark Rosch Agenda Item Wording: Approval to purchase property as affordable housing sites - Tract C, Blue Water Trailer Village Section 1 in Tavernier. Item Background: This acquisition is proposed in furtherance of the Board's policy to establish a "land bank" of affordable housing sites. The subject property consists of 2.72 acres of disturbed land at the corner of US 1 and Burton Drive in Tavernier near MM 92.5. The property is zoned Suburban Commercial (SC), which allows for the development of up to 32 units of affordable housing. The Planning Department's review indicates the property is buildable, with no wetland or hammock vegetation present. Coordination with the US Fish and Wildlife Service will be required because the property is included on that agency's list of possible habitat for federally protected animal species. The design guidelines in the draft Livable CommuniKeys Plan call for the site to be developed in a Tavernier townhouse style, with features such as Bahama shutters, metal roofs, insets for buildings 50 feet in width, ground level porches, building elevations no higher than FEMA requirements, and sidewalk and bike trail connections. See the attached memo from Senior Planner Jason King for further details. The Executive Director has executed the Land Authority's standard purchase contract for this transaction, with a closing deadline of September 1, 2005. The agenda packet spreadsheet lists the legal description, purchase price, and estimated closing costs. Advisory Committee Action: On July 27, 2005 the Committee voted 3/0 to approve the purchase of this property. Previous Governing Board Action: N/A Contract/Agreement Changes: None. Staff Recommendation: Approval Total Cost: $1,467,843.50 Budgeted: Yes -L No _' Cost to Land Authority: $1,467,843.50 Source of Funds: Land Authoritv (Tourist Impact Tax and State Park Surcharge) Approved By: AttorneY-L County Land Steward Executive Director Approval: AM. (\ !.:::OSCh Documentation: Included: ~ To Follow: Not Required: Property Blue Water Trailer Village Section One Tract C (TLC of the FL Keys Corp) Purchase Price $1,450,000.00 PURCHASE CONTRACTS 08/17/05 Envr. Audit, Survey, Appraisals or Clean-up $11,000.00 Title Insurance $6,325.00 Attorney Fee $500.00 Recording Fee $18.50 Acquisition Total $1,467,84350 GIOWTH MANAGEMEN'I' DIV1S10N 27913 O;erreas Highway Stille 400 Nla.raihon. flenda 33050 VC:Jce (305) 239-2500 rAX (305) 289~2336 SOARD 9fCO!JNj"Y CO:'4\~JSSlO1'\'1RS ~~~: ~~~;~=;"~~~:;' ~kC~7. O"ftict ~, Ceocg:e NtuS~:nt" '{)i.strict Z r:\l~td r. Rla!, Dt;trict.. }'-lUtfciy t, Ne!~~~ (hs~rict 5" MEl\rIORANDUM: July 15,2005 TO: Mark Rosch, Director, Land Au1hority CC: K. Marlene Conaway, Senior Director of the Department of Planning and Enviromnental Resources FROM: Jason King, Senior Phumer SUBJECf: Review of1he Development Potential of Burton Drive Parcel RE 488730 I have enclosed I) a GIS analysis of1he development potential of Real Estate Number 00488730.000000 which is located 1he corner of Burton Drive and Overseas Highway in Tavernier and 2) the relevant pages from the Liveable Communi Keys (Lep) project which are all currently I.n draft form. In smnmmy, the site can support 32 employee lullts. The site was the subject of a great deal of public scrutiny during the LCP process. To stay in keeping with the goals of the LCP and requirements ofthe Tavernier Corridor Design Guidelines and Standards affordable housing at the site should: 1) Not be 1he "garden style" I "hotel style" ofTradewinds Hammock Housing but instead in the townhouse style of Roosevelt Gardens in Key West; 2) Possess a Tavernier style which includes decorative features such as Bahama shutters and metal roofs; 3) Include insets to break up 50 foot ,vide building facades; 4) include a porch or arcade at ground level; 5) Not be raised higher than the minimwn FEMA requirements; 6) Include a sidewalk and bike trail connection on us 1. The Liveable CommllniKeys program defines "community characterfl. All projects must be in accordance v:,.'ith community character pursuant to Section 9.5-66 (b), (0) and (d) oftlle Monroe COlmty Code. However, it is recognized that there is a need to build affordable housing inexpensively to keep 1he proposed affordable housing "affordable". One design that was preferred by the community included a New Urbanist! Key \Vest mix of commercial and residential on the slte with a pedestrian path which connected the commercial of the site to 1he surrounding neighborhoods. Up to 4,000 square feet of commercial space would be exempt from density limitations pursuant to Section 9.5-266 (A) (.5) (b) and would be used to offset t.he cost of design features. In the case of hOll..<;ing which is constructed by the COlmty (should the COlmty purchase the site) the public responded well to the idea of the C01mty leasing out the commercial space. o (t). ............ .. .,....... (0 ,.,.. "^'~- "lCt W ~ ~ E j ... ~. .1)"' $ g tfi '5. 5 ,;' ~ .. Il Il J n I ~~ ~ ~ IIi n~ ,I d " ~ ~. Il Ii ti I" li ~~.. hll ~J~ Jl}~ i 'fl "It ~ r" II B" ~ ~~ f"" J,,~ . A ~i ..~ Iii ~'I ~Ia l~. I~. ~ ~ ~~ i gl s&~~~ ~i~ ~~~ ~~I ~~I ! ~ . n = 15 E lfi.'"'" ,,~ l;"" 11 ~ ~ ~ ~. ~ ~ !~i b 8. l:: I E.. t! ~ ~ ~ .e. 2: 1ll E....::;. silA...." 'W _'" ~ n ~~~HI'tJ .a " i it. i~I., l;j jS IliU S'J1r.t!'" j.l' f tttW;; i~~i Ijll - cu (,J .. .. ftS 0.' ..... nJ - ctJ .- ~ s: <I). ..... o B.. ... C (U S 0- o - OJ > OJ Q Attachment 3 Village-Style, Contextual to Tavernier: Roosevelt Gardens, Key West. Village-Style,: Similar Affordable Housing Projects Throughout the Country Condominium-Style (Hotel Style): I) Tradewinds Housing Development (Key Largo), 2) Eastwood Apartments (Marathon), 3) Meridian West (Stock Island) ~ ~~'\ I ~~<:::!J~~~~ ' '<It~~"~ LOT a ----, I I t.,"7 t i lOT 2 I ~ j ~W/.~"Ii,ff;. "\ If. ~ NA BOAT 8AS 'l-~ I b ~ ~ ~ I ~ I ~:L r' ~-~~~----~f: I-i -------,.-----"'---1;j': ! I Iii J ... a_".,~c ------~-----f ~ I r j f I ----I I if i I 181 { t r i I ,--,,----~.. i @I .c.l mm~_'..=.,~.._. ____1~._ URM TIIACT 4 Mile Marker 92.5 Island Key Largo Property TLC of FL Keys Corp_ (REI00488730-000000)