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6 <br />FINDINGS <br />PROJECT DESCRIPTION <br />The current proposal is to demolish the existing retail building and construct a 19 story residential and <br />hotel mixed use building. The residential portion includes 370 units and the hotel includes 189 rooms. <br />The proposed project includes a mix of apartment unit types ranging from studios to three bedroom units. <br />Here is the breakdown of the unit types: <br />Studios: 154 <br />One bedrooms: 150 <br />Two bedrooms plus den: 63 <br />Three bedrooms: 3 <br />Total units: 370 <br />A total of 498 parking stalls are proposed and include 208 surface parking stalls and 290 garage parking <br />stalls. In addition there is a plan to stack 44 parking stalls in the event valet parking is instituted. <br />The building is L- shaped, with hotel use facing the street. The first two floors of the wing facing the street <br />are occupied by the hotel lobby, restaurant and meeting rooms. A total of 189 hotel rooms are located on <br />floors 3 thru 11. Apartments are located on floors 11 thru 18 of this wing. <br />The second wing of the building along the south side of the subject site is occupied by common open <br />space on the first floor and then apartment units are located on all the upper floors. The top floor includes <br />covered and uncovered recreation space for the apartments and includes an exercise room and pet area. <br />The parking garage is proposed behind the L- shaped building, and is approximately 220 feet by 125 feet <br />with 3 1/2 levels of parking (290 parking stalls). <br />VICINITY /SITE INFORMATION <br />Existing Development <br />The subject property is a rectangular shaped parcel covering 3.41 acres of land. Existing improvements to <br />the property consist of a single story retail building that was built in 1995 and is approximately 40,580 <br />square feet. The building was previously occupied by Circuit City and has been vacant for a few years. It <br />is proposed to be demolished as part of this proposal. <br />Page 2 of 19 <br />