Title
Consider approving Resolution No. 2024-226 for a Detailed Site Plan for multifamily development on approximately five acres located at 2000 LBJ Freeway; and take appropriate action.
Body
REQUESTOR:
Economic Development, Tourism, and Planning Department
BACKGROUND:
The applicant is seeking approval of a detailed site plan for a four-story, 262-unit multifamily development known as the Royalton at Mercer Crossing. The subject property is a 5-acre portion of a larger 9.33-acre vacant tract located south of LBJ Freeway (IH-635) and east of Luna Road. The proposal represents the initial phase of this site's two-part multifamily development plan. No special exceptions or deviations from PD-99 requirements are requested.
This property is located within the “Urban Commerce” subdistrict of Planned Development No. 99 (PD-99), which allows for multifamily development by right, subject to the approval of a detailed site plan from the City Council. PD-99 limits the total number of units for this overall site to 500, split between two phases of development. An additional detailed site plan will be required for the second phase at the time of future development.
FISCAL IMPACT:
No Financial Impact
DISTRICT:
District 3
RECOMMENDATION:
On October 28, 2024, the Planning and Zoning Commission considered this request and unanimously recommended approval.
POSSIBLE COUNCIL ACTION:
1. I move to approve Resolution No. 2024-226 as presented.
2. I move to approve Resolution No. 2024-226 with modifications.
3. I move to table the issue for further study or take no action.
4. I move to deny Resolution No. 2024-226.
ATTACHMENT(S):
1. Information Memorandum
2. Resolution No. 2024-226
3. Additional Documents
4. Presentation