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Property owners, buyers clash with Downtown Overlay rules at 355 Trackside Drive
Summary
Owners and prospective buyers of 355 Trackside Drive in Peculiar say the Downtown Overlay District’s retail-use rules are blocking sales of a metal building; city staff advised a variance or targeted zoning change as the quickest path.
Erin Wuste, a real estate broker, told the Peculiar Board of Aldermen that a building she represents at 355 Trackside Drive has lost two purchase contracts because a Downtown Overlay District retail overlay does not match the property’s metal-building character.
“The whole premise of retail zoning is like brick and mortar buildings and high foot traffic and that’s what people buy and people pay for,” Wuste said. “Our clients that want retail don’t want it because there’s no visibility and no brick and mortar buildings. And then vice versa … it’s a metal building, so the people who want the metal building can’t have that retail overlay on top of it.”
The complaint prompted a city staff explanation that a variance request…
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