Last July, we posted regarding Mixed Use Neighborhoods ("MUN"). This is a zoning designation that is not in the Oro Valley zoning codes nor is it included, as such, in the General Plan. There is a designation in the General Plan called "Complementary Use" that was substituted in the General Plan in order to get voter approval of the General Plan in 2005. The details surrounding "Complementary Use" have not been defined.
Bill Adler, an Oro Valley citizen who was involved with the creation of the General Plan, provided a background about MUN in relation to Town Centre at La Reserve. Click here to read Bill's explanation.
The town has a pending request for what would be an MUN.
Last night, the Oro Valley Development and Infrastructure Department hosted a panel discussion on mixed use development. Bill Adler sponsored this panel. Bill is in favor of the MUN concept.
Tonight, we will get the opportunity to see what MUN might mean for Oro Valley. The Oro Valley Development and Infrastructure Department will host a Mixed Use Neighborhood Meeting for a new Planned Area Development (PAD)
for 20 acres located on he northeast corner of Linda Vista Blvd and
Oracle Road for high density residential and commercial/office uses. See the left column of the blog for information on this meeting.
Last night, Ross Rulney, who is the developer of this project, provided insight into why MUN works for the development community. His explanation:
In today's real estate financing environment it is far easier to interest lenders in financing one of the pieces of an MUN as opposed to trying to interest one lender in financing the entire project.
So, now we know why this Developer and perhaps why the entire developer community supports MUN.
Tonight's meeting should give us insight into what it means for Oro Valley.
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2 comments:
Oh, I get it now. The citizens who actually LIVE in the town are supposed to roll over and do what's best for developers and banks.
Yes, Ms Cowgirl you have it right....Mr Waters in an email to a friend stated that Steve Solomon would not resing...."he has some things he still wishes to accomplis"...this quote is paraphrased :)
I wonder what other items Mr Solomon has on his agenda? All I can say is the sooner the better Mr Solomon is replaced.
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