File #: 14-737    Version: 1 Name: oRDINANCE 2014-47; rEZONE 4133 sOUTH cAROTHERS
Type: Ordinance Status: Passed
File created: 12/5/2014 In control: Board of Mayor & Aldermen
On agenda: 2/24/2015 Final action: 2/24/2015
Title: Consideration of Ordinance 2014-47, To Be Entitled "An Ordinance to Rezone +/- 195.5 Acres from Specific Development - Residential District (SD-R 1.72) to Specific Development - Residential District (SD-R 1.91) for the Property Located at 4133 South Carothers Road (Waters Edge PUD Subdivision) by the City of Franklin, Tennessee." (12/18/14 FMPC 7-0; 02/10/15 BOMA 8-0) THIRD AND FINAL READING
Sponsors: Ald. Ann Petersen
Attachments: 1. 4726 Waters Edge Rezoning Map, 2. WATERS EDGE REZONING_12.4.2014, 3. Ord 2014-47 ORDINANCE Waters Edge Rezoning New

DATE: 12/18/2014 (REVISED)

TO: Franklin Municipal Planning Commission

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

Subject
title
Consideration of Ordinance 2014-47, To Be Entitled "An Ordinance to Rezone +/- 195.5 Acres from Specific Development - Residential District (SD-R 1.72) to Specific Development - Residential District (SD-R 1.91) for the Property Located at 4133 South Carothers Road (Waters Edge PUD Subdivision) by the City of Franklin, Tennessee." (12/18/14 FMPC 7-0; 02/10/15 BOMA 8-0) THIRD AND FINAL READING
body

Purpose
The purpose of this memo is to provide information to the Franklin Municipal Planning Commission (FMPC) concerning a rezoning request for Water's Edge PUD Subdivision located off Carothers Parkway.

Project Information
COF Project Number: 4726
Applicant: Greg Gamble, Gamble Design Collaborative
Owner: Real Estate Solutions Group, LLC

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 applicant proposed 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. There are other developments in the new 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 densi...

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