Jair Lynch Real Estate Partners garnered initial approval from the Zoning Commission for their Stage Two PUD Application to construct a 7-story mixed use building on Parcel 2 of the McMillan site. The design for Parcel 2, guided by the Master Plan and Stage One PUD approved in 2014, compliments the surrounding historic resources and draws from a consistent design palette in keeping with other new development on the McMillan site.
This mixed-use building will have between 18,000 and 24,000 SF of ground-floor neighborhood serving retail uses. Approximately 236 apartments will be constructed above the retail; 27 of these units will be designated as affordable. The affordability component was enhanced by the addition of two units affordable to households making 50% AMI, while the balance will be available at 80% of AMI. The PUD process also resulted in the design modification of the east-west span connecting the building across Three Quarter Street. That span will be transparent, no longer containing any residential units.
The final draft of the PUD Order was submitted to the Zoning Commission, Office of Planning and three affected ANC’s last Thursday, Mar 2nd and is now pending Final Action.