HomeMy WebLinkAboutReg 2013-03-18 Item 4A - Powerpoint Presentation Shown at Meeting - 223 Andover Park East Development AgreementProposed Development Agreement
for 223 Andover Park East
City Council Meeting
March 18, 2013
223 Andover Park East
> Revisions to Proposed Development
Agreement
• Residential units: 250 min and 450 max
• Easy conversion to condominiums
✓ Parcel map created but not recorded
✓ Added electric meter for each unit
✓ Deleted water intrusion language
• Assignment of development rights
223 Andover Park East
>Development agreement would grant:
• Height up to 180' over 50% of property
• Up to 450 residential units
>Development agreement would require:
• At least 250 residential units
• Condo declaration, survey, and map
• Electric meter for each residential unit
• Development rights non - transferable
• Development rights expire 12/31/2015
223 Andover Park East (Circuit City)
A: Future transit station
B: Future bike /pedestrian bridge
C: Commuter rail station
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Looking west over West Valley Highway and Green River towards the Mall
Images provided by the Department of Community Development. All images are approximate.
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View looking south along Andover Park E
Images provided by the Department of Community Development. All images are approximate.
View from the Tukwila Hill Reservoir
Images provided by the Department of Community Development. All images are approximate.
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View from Conference Room 2 in the 6300 Building
Images provided by the Department of Community Development. All images are approximate.
223 Andover Park East
>Property owners are considering:
• 18 story buildings up to 180' with hotel and
residential units
>Current development regulations
• Maximum height 115'
• No residential
>Property owners request certainty in order to
continue feasibility analysis