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TC Council Packet 01-18-2000STATE OF COLORADO ) COUNTY OF EAGLE ) TOWN OF AVON ) SS NOTICE IS HEREBY GIVEN THAT A WORK SESSION OF THE TOWN COUNCIL OF THE TOWN OF AVON, COLORADO, WILL BE HELD JANUARY 18, 2000, AT 3:00 P.M. IN THE MUNICIPAL BUILDING, 400 BENCHMARK ROAD, AVON, COLORADO FOR THE PURPOSE OF DISCUSSING AND CONSIDERING THE FOLLOWING: 3:00 PM - 4:45 PM I .) Contract Negotiations (Executive Session) 4:45 PM - 5:00 PM 2.) Fire Discussion AND SUCH OTHER BUSINESS AS MAY COME BEFORE THE COUNCIL THIS MEETING IS OPEN TO THE PUBLIC TOWN OF AVON, COLORADO BY: is ash Town Clerk POSTED AT THE FOLLOWING PUBLIC PLACES WITHIN THE TOWN OF AVON ON JANUARY 14, 2000: AVON MUNICIPAL BUILDING IN THE MAIN LOBBY AVON BEAVER CREEK TRANSIT BUS STOP AT AVON CENTER AVON RECREATION CENTER CITY MARKET IN THE MAIN LOBBY r r Memo Date: January 14, 2000 To: Mayor and Town Council T h r u : Bill Efting, Town Manager From: Michael Matzko, Director of Community Developmen Re: Further comparison of approved and proposed Lot C Detelent Plans This memo is to clarify several points of discussion during and immediately following the January 11 work session regarding the Lot C final development plan proposed by Vistana, Inc. In particular, this memo addresses: 1. The difference between Gross Floor Area (GFA) and Gross Leaseable Floor Area (GLFA); 2. A comparison of the October 1998 PUD Vistana's proposed development plan. 3. A comparison of the distribution and mix of uses in the proposed plan with those in the existing and approved projects within the Town Center. 4. The number of timeshare units proposed by Vistana. Measuring Floor Area 50 A three-story building of the same outside 100 dimensions (footprint) is measured by multiplying the GFA of one floor times the number of floors: 5,000 sf x 3 floors = 15,000 sf GFA. Gross Leaseable Floor Area, or GLFA, is measured by subtracting permanent lobbies, public restrooms, permanent corridors, stairwells, mechanical rooms, and other non-occupied space, from Gross Floor Area. Outside walls are still included, however. GLFA is used to determine more effectively the average number of people in a building, usually for purposes of determining parking demand or vehicle trip generation. Gross Floor Area or GFA, is the entire floor area within a building, measured from the outside of the exterior walls, for each floor. The first example (right) is a single-story building in plan view, 100 feet long by 50 feet wide. GFA is measured by multiplying length times width: 100 ft x 50 ft = 5000 square feet (sf) GFA. The second example (right) is the same single-story building used above, with a public lobby, permanent hallway, public restrooms and a mechanical room represented by shading. The total floor area of the shaded portion is approximately 1,250 feet. This area is subtracted from GLA, and the result is 3,500 sf GLFA (5,000 - 1,200 = 3,500). 3,500 sf GLFA 100 50 f:\council\memos\miscellaneousUotc comparison jan 12.doc Memorandum to Town Council re: Lot C development plan comparision January 14, 2000 Page 2 of 3 Comparing the October 98 PUD with Vistana Lot C proposal During the January 11 work session it was pointed out that the restaurant in the hotel was not included in Vistana's calculation of retail floor area. • Without the restaurant, the Vistana plan includes 14,800 sf GLFA of retail area, equivalent to 21,000 sf GFA. • The restaurant adds 1,620 sf GLFA (the seating area), equivalent to 2,700 sf GFA. • With the restaurant, the proposed development plan includes 16,420 sf GLFA of "Office/Retail and 23,700 sf GFA" The summary table below includes the restaurant floor area, as well as the percentage changes between the October 1998 PUD and the Vistana proposal. PUD Oct 98 Current Change % Change Hotel rooms 143 136 -7 -4.9% Timeshare Units 116 140 24 20.7% Retail/commercial area (GLFA) 27,000 16,420 -10,580 -39.2% RetaiVcommercial area (GFA) 38,130 23,700 -14,430 -37.8% Structured/Underground parking 313 345 32 10.2% Surface Parking 65 43 -22 -33.8% Please note that the number of parking spaces has not changed; the application maintains that this area is not included in calculating parking demand because the restaurant is a minor accessory use within the hotel. If the restaurant were to be a full-service restaurant, then it would require an additional 9 parking spaces. Lot C compared with neighboring Town Center properties. All of the existing and approved development in the Town Center south of West Beaver Creek Boulevard consists of multistory buildings with a vertical mix of uses. In each building the ground level is comprised of commercial space that is either retail or is convertible to retail. There are no hotel rooms, timeshare units or residential units on the ground floor. • The Seasons at Avon, for example, has approximately 70,000 sf GLFA of commercial area on the ground floor, and residential units on the upper floors. • The Avon Center building has approximately 22,000 GLFA of commercial space on the ground floor, and an additional 18,000 GLFA of commercial on the second floor, and residential units on the upper floors. • The approved Development Plan for Lot B includes 23,800 sf GLFA of ground and second- level commercial, and 82 hotel rooms above In contrast, Vistana proposes to construct its timeshare building as Phase I, with a potential ground floor of over 30,000 sf GFA. Only 6,500 sf of this is potential retail. Of the remaining area, 7,200 sf is to be used for lobby, fitness area and back of house; 16,500 sf is dedicated to structured parking. Number of proposed timeshare units Vistana's application and development plan includes 140 timeshare units. However, each of these units consists of a one-bedroom main unit with a kitchen, plus a one-bedroom lockoff unit 2 Memorandum to Town Council re: Lot C development plan comparision January 14, 2000 Page 3 of 3 with a microwave and refrigerator. During the Planning & Zoning Commission meeting on December 21, 1999, Vistana stated its intent to lease and/or subdivide these units. Their position is that the timeshare industry depends upon this type of flexibility of leasing and ownership, and that the two units would function the same as a two-bedroom unit. Vistana points out that the 1998 PUD approval requires .6 parking spaces per timeshare bedroom, not 1.2 spaces per unit. P&Z's recommendation for approval of the PUD includes a condition that leasing or subdividing of these units not be allowed. At the extreme, one could argue that subdividing or separately leasing each two-bedroom timeshare unit effectively doubles the number of units, resulting in a 280 unit timeshare project. As a practical matter, however, the impact of this approach is probably somewhere in between 140 and 280 units. Since this issue came up relatively late in the review process; staff has not found at a method of assessing the impact of Vistana's approach. Conclusion • Comparing the floor area of retail in the two proposals is meaningful so long as both numbers are expressed the same: Gross Floor Area or Gross Leaseable Floor Area. Otherwise you're comparing apples and oranges. • The floor area of the restaurant, which wasn't included in the January 5 comparison between the October 98 PUD and Vistana's proposal, is now included. The revised amount of retail area in the Vistana plan remains significantly below that contemplated by the 1998 approval. • The amount and distribution of ground-floor commercial area do not compare favorably with existing and approved Town Center development. • Staff became aware of the proposed subdivision of two-bedroom timeshare units into separate units at the December 21 P&Z meeting. It is presented in this memorandum in the event that Council wishes to discuss it during the January 18 work session. Please let me know if you have any questions about this summary. 3