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Staff recommends development agreement for Peterson 28‑acre site; roller‑coaster building must be removed before occupancy
Summary
Planning staff described a proposed development agreement allowing a 7‑acre expansion to use a 0.7‑acre park as required open space once, contingent on submitting site‑wide utilities and stormwater documents and demolishing a roller‑coaster structure before occupancy of the new building.
Farr West planning staff outlined a proposed development agreement to bring a 28‑acre site associated with Peterson into incremental compliance with city code. Under the draft approach, a 7‑acre expansion would use a 0.7‑acre park as the open‑space credit for that parcel under a one‑time agreement; the remainder of the site would be subject to full compliance for any future changes.
Speaker 6, Committee member, summarized the proposal: "This would be 7 acres of where their new building is going to be or new expansion. And that 7 acre site would use the 0.7 acre park that's over here as its open space under a development agreement that allows..." He…
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