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Commission recommends rezoning and revised development plan for Factory at Franklin, approves hotel, parking garage and surety bond change
Summary
Planning commission recommended approval of Ordinance 2024-51 and Resolution 2024-113 to allow a 120-room hotel and parking garage at the Factory at Franklin PUD and approved a modification to allow surety bonds in lieu of irrevocable letters of credit.
The Franklin Municipal Planning Commission recommended approval of Ordinance 2024-51 to revise entitlements for the Factory at Franklin PUD and approved Resolution 2024-113, a revised development plan adding a 120-room hotel and a multilevel parking garage on the roughly 20-acre site at 230 Franklin Road.
Staff said the rezoning and development plan reduce the previously established residential density, lower nonresidential square footage allowances in some respects and add the hotel use. The site is within the Factory design concept of Envision Franklin; staff said the hotel is supported if it is carefully…
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