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/09/ INDIAN RIVER COUNTY, FLORIDA MEMORANDUM TO: Jason E. Brown; County Administrator THROUGH: Phillip J. Matson, AICP; Community Development Director FROM: Ryan Sweeney; Chief, Current Development DATE: November 23, 2020 SUBJECT: The Virginia W. Russell Family Limited Partnership and Segment Markets 85, Inc.'s Request to Rezone Approximately 78.29 Acres from MED, Medical to PD, Planned Development and to Obtain Conceptual PD Plan Approval for a Project to be known as Harbor Bluffs PD [PD -20-09-02 / 99040218-872791 It is requested that the data herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of December 8, 2020. DESCRIPTION & CONDITIONS: This is a request by The Virginia W. Russell Family Limited Partnership and Segment Markets 85, Inc., through their agent Masteller & Moler, Inc., to rezone approximately 78.29 acres from MED, Medical to PD, Planned Development. As part of the rezoning request, a conceptual PD plan has been submitted for review and approval (see attachment 5). The project site is zoned MED, Medical, is currently vacant, and is located south 41" Street between US Highway 1 and Indian River Boulevard (see attachments 1 and 2). The purpose of this request is to allow an option for the developer of the approved 624 -unit multi -family development to develop a smaller number of single-family and duplex units in place of some of the multi -family units, at an overall project density not to exceed 7.75 units/acre. If approved, the PD rezoning will result in a net reduction from the approved project residential density if the single-family option is exercised. On March 28, 2019, the Planning and Zoning Commission (PZC) granted conceptual site plan and administrative permit use approval to allow construction of a maximum of 624 multi -family units on the project site (SP -CP -18-06-15). After that approval, the applicant was approached by a home builder (Pulte Group) that expressed interest in building a smaller number of single-family and duplex units in place of some of the approved multi -family units within a portion of the overall project site. Single-family and duplex. units are not an allowable use within the MED zoning district. Therefore, the applicant is now applying for a PD zoning designation that will allow for development of single-family units, duplex units, and multi -family units. If approved, the PD rezoning and conceptual PD plan will supersede the 2019 conceptual site plan and administrative permit use approval. Planning and Zoning Commission (PZC) Recommendation: At its meeting of November 12, 2020, the PZC voted 6-0 to recommend that the Board of County Commissioners (BCC) approve the project with all staff recommended conditions (see attachment 3). 54