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Case File: P12-02 <br />Page 2 <br />Natures Edge Business Park <br />Preliminary Plat <br />OVERVIEW <br />The Elk River EDA is requesting preliminary plat approval of the 1" phase of Natures Edge Business <br />Park, the first development of the Focused Area Study. <br />The plat will include three buildable lots, two out-lots, the extension of Twin Lakes Road right-of--way, <br />and a new east/west road - 170x'' Lane. Lot area will range in size between 4.08 and 10.36 acres. <br />BACKGROUND/PRECEDENT <br />The subject area was the key focus of the Focused Area Study, completed in 2010. That study outlined <br />broad land use and development pattern changes, triggered by the evolution of Highway 10 in the area to <br />a freeway with limited access. The subject parcel is the only city-owned land within the area. The <br />development of this plat is expected to solidify the implementation of the FAST Study; private <br />investment will follow public investment. <br />Streets <br />Plat improvements will include grading, utility and street improvements to serve the three lots and future <br />lots to the south. Twin Lakes Road is planned for a boulevard section, with around-a-bout south of 171ST <br />Avenue aligmnent. Although the right of way is preserved, the round-a-bout and the western half of <br />Twin Lakes Road will be built at a later date. <br />GENERAL INFORMATION <br />Location. Existing Use Comprehensive Plan.. Current Zoning <br /> Designation <br />Subject Agriculture Light Industrial/ Highway I-1 / C-3 <br />Property Business <br />North LeFebvre Light Industrial PUD <br /> Trucking. <br />South RDF Plant Light Industrial/ Highway I-1 / C-3 <br /> Business <br />East Morrell Trucking, Light Industrial/ Agricultural PUD/ AR <br /> Agricultural Research <br />West Auto repair, Highway Business C-3 <br /> Highway <br /> Businesses <br />APPLICABLE REGULATIONS <br />Subdivision <br />These findings are necessary for City Council approval of the preliliunary plat and the final plat: <br />N:\Departments\Communiry Development\Planning\Case Files\Plat\P 12-02 Elk River EDA-Natures Edge\P12-2 Naters Edge Business Center <br />SR to PC G-12-12.docs <br />