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ITEM: RESOLUTION NO. R2014-26 (ISLA VERDE MASTER PLAN AMENDMENT)
A RESOLUTION OF WELLINGTON, FLORIDA'S COUNCIL, APPROVING A MASTER PLAN AMENDMENT (PETITION NUMBER 2013-64 MPA 2) FOR CERTAIN PROPERTY KNOWN AS ISLA VERDE OF WELLINGTON, TOTALING 53.57 ACRES, MORE OR LESS, LOCATED ON THE EAST SIDE OF STATE ROAD 7 AND APPROXIMATELY 1/2 MILE NORTH OF FOREST HILL BOULEVARD, AS MORE SPECIFICALLY DESCRIBED HEREIN; TO ALLOW 350 MULTI-FAMILY UNITS AND AMEND CONDITIONS OF APPROVAL; PROVIDING A CONFLICTS CLAUSE; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
REQUEST: Approval of Resolution No. R2014-26 Isla Verde Master Plan Amendment.
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EXPLANATION: Isla Verde Master Plan Amendment request is to increase the approved multi-family residential units from the approved 230 townhouse dwelling units to 350 multi-family dwelling units. The amendment will increase the units by an additional 120 units and reconfigure the previously approved Isla Verde residential layout. The overall Isla Verde site currently has approximately 209,326 square feet of mixed retail uses on the commercial portion and the residential portion (Phase II) still remains vacant. The proposed master plan does indicate a total of 34 three-story residential buildings. Below is a chart of the approved and proposed square footages, acreages and units:
Use
Approved
Proposed
Conservation (Preserve)
3.55 acres
Not less than 3.23 acres
3.56 acres minimum
(6.64%)
Open Space
6.60 acres
Not less than 6.60 acres
6.62 acres
(12.37%)
Commercial
22.92 acres
Not more than 210,000 square feet
22.91 acres (42.77%)
Maximum 210,000 square feet
Residential
20.48 acres
Not more than 230 townhouse dwellings Units
20.48 acres (38.22%)
Maximum 360 multi-family rental units
The current approved Master Plan (Staff Report Exhibit "C") has 230 townhouse units that were based on the Comprehensive Plan in effect at the time which allowed residential density to be calculated ba...
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