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INDIAN RIVER COUNTY, FLORIDA <br />MEMORANDUM So_ <br />TO: Joseph A. Baird; County Administrator <br />F1102.11911-51 W 11 01COMIARROMM <br />Stan Boling, AIC Community Development Director <br />FROM: John W. McCoy, AICP; Chief, Current Development <br />DATE: January 26, 2015 <br />SUBJECT: Indian River Preserve, LLC Request for Extension of Site Plan Approval for a <br />Multi -Family Development to be Known as The River Preserve (SP -MA -12-12-22 / <br />2001030063-69561) <br />It is requested that the data herein presented be given formal consideration by the Board of County <br />Commissioners at its regular meeting of February 10, 2015. <br />DESCRIPTION & CONDITIONS <br />On January 24, 2013, the Planning and Zoning Commission granted major site plan approval to <br />construct a 96 unit apartment complex on the western 16 acres of the overall River Preserve <br />development site located at 9900 U S Highway 1. Currently, the site plan approval expiration date is <br />January 24, 2015. <br />On January 16, 2015, John H. Blum, P.E., of Carter Associates, Inc., on behalf of Indian River Preserve, <br />LLC, the project applicant, filed a request to extend the site plan approval expiration date. The <br />developer has requested an extension due to the economic downturn which has delayed construction <br />activities (see attachment #1). <br />ANALYSIS <br />Although minor amendments have been made to the LDRs since the development was initially reviewed <br />and approved, the Technical Review Committee (TRC) members agree that the amendments are not <br />significant enough to require revisions or redesign of the project. Accordingly, all TRC members have <br />reviewed and approved the extension request. <br />As allowed under provisions of the LDRs, the developer is requesting a one-year extension of the site <br />plan and related preliminary plat approval expiration date. Pursuant to Chapter 914 of the LDRs, the <br />Board of County Commissioners may deny, approve, or approve with conditions the requested <br />extension. Staff has no objections to the Board granting the request since the site plan conforms to <br />existing LDR requirements. Granting the request will set anew major site plan approval expiration date <br />of January 24, 2016. <br />165 <br />FACommunity Deve1opment\CurDev\13CC\2015 BCC\TheRiverPreserveExtensionrpt.rtf 1 <br />