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<br />B. Project Location <br /> <br />The project is located south of 193rd Avenue NW and west of David Street <br />NW (County Road 40) in northeast Elk River, and is known as the Miske <br />property. <br /> <br />C. Zoning and Land Use <br /> <br />The current zoning is R-1d, and the Comprehensive Plan land use is <br />urban residential. The current land use is agricultural. <br /> <br />D. Project Description <br /> <br />River Park is a residential development consisting of 704 units on 224 <br />acres. The development provides a wide range of housing options while <br />preserving and utilizing the natural amenities within and around the site. <br />The project includes land dedication for a city well and fire station plus <br />right-of-way for the realignment of County Road 40. Vast parkland and <br />open spaces are created along with an interpretive trail highlighting the <br />preserved natural resources and restoration efforts. <br /> <br />River Park will have four types or styles of homes. <br /> <br />The University series are single-family homes with seven different floor <br />plan options ranging in size from 1,280 to 2,337 square feet. Base prices <br />will market from $220,000 to $280,000. The University homes have a <br />typical lot width of 80 feet at the front setback. <br /> <br />The Homestead series are single-family homes with two stories, three <br />baths, a choice of three bedrooms plus a loft, or a fourth bedroom. There <br />are three models available that range from 1,920 to 2,100 square feet. <br />Prices will range from $248,000 to $260,000. <br /> <br />The Village Home Collection is a row style, three-level townhome with two <br />or three bedrooms available. Each building has four to six units. There <br />are seven different floor plans that offer square footages ranging from <br />1,600 with an unfinished lower level to 2,100 for a finished lower level. <br />These homes will have a base price of $220,000 to $246,000 and are <br />available with most of the common options. <br /> <br />The Lodges Homes are a back-to-back town home, slab-on-grade with two <br />or three stories. Each building has eight to ten units. The preliminary plat <br />shows a single lot for each building. Common Interest Community or CIC <br />plats will be done for each building to subdivide the units. Six different <br />floor plans are offered with two or three bedrooms and ranging from 1,350 <br />to 1,680 square feet. They will market from $175,000 to $190,000. <br /> <br />2 <br /> <br />F:\ENG\63300\264\REPORTS\River Park Narrative.426.doc <br />