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INDIAN RIVER COUNTY, FLORIDA CONSENT AGENDA MEMORANDUM TO: Joseph A. Baird, County Administrator THROUGH: Stan Bolin�ICP; Planning Director FROM: John W. McCoy, AICP,,\ Senior Planner, Current evelopment DATE: December 2, 2013 SUBJECT: VB Three Oaks, LLLP's Request for Final Plat Approval for a Plat -Over - Site -Plan Multi -Family Development to be Known as The Villas at Three Oaks 12004110182-71035 / SD -05-10-461 It is requested that the data herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of December 10, 2013. DESCRIPTION AND CONDITIONS: The Villas at Three Oaks is a 108 unit multi -family development on 18.11 acres located south of SR60 on the west side of 74th Avenue. At a density of 5.96 units per acre, the project is consistent with the site's RM -6 zoning (Residential Multi -family up to 6 units/acre) and M-1 land use designation (Medium Density 1 up to 8 units/acre). The project is being developed as a plat -over -site plan project so that each multi -family unit can be sold with an individual lot. On January 26, 2006, the Planning and Zoning Commission granted preliminary plat and site plan approval for the entire Villas at Three Oaks development project. Approval was granted to plat over a site plan for 108 multi -family units, in accordance with county regulations. Project construction commenced shortly after approval. While completion of construction was delayed for a number of years due to market conditions, the project approvals remained valid. Recently, a new developer completed construction necessary for platting. Development of the units (vertical construction) is proceeding according to the parameters of the approved site plan, and CO's (certificates of occupancy) will be issued on a building by building basis. The applicant is now requesting final plat approval and has submitted a final plat for The Villas at Three Oaks that is in conformance with the approved preliminary plat and site plan. ANALYSIS: The final plat will establish an individual lot for each unit, and common area tracts for conservation areas, landscape buffers, and infrastructure improvements such as roadways, utilities, and stormwater management facilities. All of the required site improvements for The 14w_ Villas at Three Oaks have been completed and inspected, and a certificate of completion for subdivision improvements was issued on December 2, 2013. As part of the certificate of F:ACommunity Development\CurDevAFinal Plats\BCC staff reports\VillasatThreeOaksreport.doc 70