File #: 14-741    Version: 1 Name: res 2014-98 Dev Plan for Waters Edge 4413 South Carothers Road
Type: Resolution Status: Passed
File created: 12/8/2014 In control: Board of Mayor & Aldermen
On agenda: 2/10/2015 Final action: 2/10/2015
Title: PUBLIC HEARING: Consideration of Resolution 2014-98, To Be Entitled "A Resolution Approving a Development Plan for Waters Edge PUD Subdivision, Located at 4413 South Carothers Road, by the City of Franklin, Tennessee." (12/18/14 FMPC 7-0; 01/13/15 WS)
Sponsors: Ald. Ann Petersen
Attachments: 1. 4725 Waters Edge DP and Rezoning Map, 2. WATERS EDGE DEV PLAN REV3_12.4.2014, 3. 4725 Waters Edge DP Conditions of Approval, 4. Res 2014-94 Waters Edge Development Plan Rev 3 BOMA

DATE: 12/18/2014 (REVISED)

TO: Franklin Municipal Planning Commission

FROM: Andrew Orr, Principal Planner
Catherine Powers, Director of Planning and Sustainability

Subject
title
PUBLIC HEARING: Consideration of Resolution 2014-98, To Be Entitled "A Resolution Approving a Development Plan for Waters Edge PUD Subdivision, Located at 4413 South Carothers Road, by the City of Franklin, Tennessee." (12/18/14 FMPC 7-0; 01/13/15 WS)
body

Purpose
The purpose of this memo is to provide information to the Franklin Municipal Planning Commission (FMPC) concerning a development plan for Waters Edge PUD Subdivision, located at 4413 South Carothers Road.

Project Information
COF Project Number: 4725
Applicant: Greg Gamble, Gamble Design Collaborative
Owner: Real Estate Solutions Group, LLC (Attn: Andre Jaeckle)

Background/Staff Comments
This project was originally approved in 2013 for 336 homes on 195.5 acres. The applicant is proposing to build an additional 37 homes, raising the total to 373 residential units. The additional homes will be peppered into the development. The buildable area is not expanding. The applicant proposes to decrease the existing lot sizes to accommodate 37 additional lots, except for Section 1, which has already been approved.

The overall gross density increase is marginal, 1.72 to 1.91 units/acre. There are other developments in the Carothers Parkway Corridor that have higher approved gross densities:

Ladd Park: 2 units/acre
Echelon: 2.9 units/acre
Lockwood Glen: 2.82 units/acre
Simmons Ridge: 4.6 units/acre

Simmons Ridge and Lockwood Glen have higher gross densities, but they also have significantly more attached housing and multi-family units proposed.

However, approximately half of the Water's Edge site is floodplain and undevelopable. Once the informal open space is removed (floodplain and floodway), the net density (buildable area) is about 3.73 units/acre and the proposed incr...

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