Ord 2013-003/PDD for Capes Camp and Thompson's Island

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native riparian terrain that slopes gently toward the River. This project is located within the San Marcos River Corridor and is subject to all regulations of that ordinance. The Project Site is primarily zoned Future Development (FD) with a limited amount of Community Commercial zoning along the IH 35 frontage. The FD District is intended to provide for areas for land that is undeveloped and /or agricultural in nature and is also a default district for newly annexed land that is not yet ready to be zoned for a particular intended use. The Future Land Use Map (PLUM) designates the Project Site for a mixture of Commercial, Medium Density Residential (MDR), Very Low Density Residential (VLDR) and Open Space land uses. The majority of the project site is designated as MDR. The Commercial designation is located at the northwest corner of the project site adjacent to IH 35 and River Road. The VLDR designation is located at the corner of Cape Road and River Road. The Open Space designation is located generally along the San Marcos River and its floodplain area. The Project Site has historically been held in an interim zoning classification of FD with limited development options. This zoning classification is intended to be applied to agricultural land until such time that a specific development is proposed for the property. The proposed development of the property for a medium density multifamily project is consistent with the existing MDR PLUM designation. Section 3: Proposed Zoning and Land Use Designation The Project Site consists of approximately 45 acres with a proposed maximum 306 units and 1,000 bedrooms. The appropriate base zoning for this PDD is the Multiple - Family Residential (MF-12) District which is consistent with the FLUM designation of MDR with an overall density of 0 -12 units per acre. The MF -12 District is intended for development of multiple - family, apartment residences at not more than 12 units per acre. This district should be located adjacent to a major thoroughfare and may serve as a buffer between low or medium density residential development and nonresidential development or high- traffic roadways. River Road is designated as a minor arterial on the City's Thoroughfare Plan. Across River Road from the Project Site is a variety of uses including low density single and multiple family dwellings, medium density multiple family residential and high density multifamily residential. The majority of the developable area of the Project Site is currently designated as MDR which is an appropriate land use designation for the development of the Project Site. The Commercial land use designation on the Project Site is located in an area with limited interstate frontage and has a significant area designated as Public over the area of an existing lift station. The lack of adequate commercial frontage and the division of the area for the existing public utilities makes the existing Commercial area unsuitable for development in accordance with the existing FLUM designation. The area designated as VLDR on the corner of Cape Road and River Road is located on the opposite corner from an area with existing high density multifamily residential development. While a FLUM change to MDR for this corner is required to comply with the proposed MF -12 base zoning designation, no additional density is being proposed for the development of this Project as a result of this change. While the base zoning district of MF -12 has specific regulations within the LDC, this PDD contains additional restrictions to limit the types of uses and other applicable dimensional and 4