Ocala - File #: 2025-1091

• File #: 2025-1091
• Type: P&Z Developer's Agreement
• Status: Agenda Ready
• File created: 4/4/2025
• In control: Planning & Zoning Commission
• On agenda: 4/14/2025
• Title: Public Hearing :consider an amendments to the Amended and Restated Site and Concurrency Development Agreement pursuant to Chapter 163, Florida Statutes (Grand Oaks Town Center PUD, F/K/A Stolen Hours PUD) for approximately 56.72 acres located approximately 850-feet north and 1,200-feet east of the intersection at SW 27th Avenue and SW 42nd Street (Parcels 23930-000-00, 23930-002-00, 23930-003-00, 23930-003-01, 23930-003-03, and 23930-005-00) (DMA25-0001). This is the first of two public hearings; the second will be held on May 6, 2025, before the City Council.

Submitted By: Endira Madraveren, AICP

presenter

Presentation By: Endira Madraveren

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Department: Growth Management

STAFF RECOMMENDATION (Motion Ready):

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Public Hearing :consider an amendments to the Amended and Restated Site and Concurrency Development Agreement pursuant to Chapter 163, Florida Statutes (Grand Oaks Town Center PUD, F/K/A Stolen Hours PUD) for approximately 56.72 acres located approximately 850-feet north and 1,200-feet east of the intersection at SW 27^th Avenue and SW 42^nd Street (Parcels 23930-000-00, 23930-002-00, 23930-003-00, 23930-003-01, 23930-003-03, and 23930-005-00) (DMA25-0001). This is the first of two public hearings; the second will be held on May 6, 2025, before the City Council.

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OCALA’S RELEVANT STRATEGIC GOALS:

Quality of Place, Economic Hub

PROOF OF PUBLICATION:

Ocala Gazette - March 28, 2025.

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BACKGROUND:

•                     Owner: Ocala 42^nd Street Commercial, LLC and Ocala 42^nd Street Residential, LLC

The Owner has submitted a request to amend the Amended and Restated Site and Concurrency Development Agreement Pursuant to Chapter 163, Florida Statutes (Grand Oaks Town Center PUD, f/k/a Stolen Hours PUD), dated April 2, 2013, as recorded in OR Book 5929, Page 1279.

The primary purpose of this request is to amend the provisions of the previously approved agreement. The applicant submitted a Planned Development (PD) rezoning application in 2024 altering architectural standards and increasing density. The PD rezoning, plan and standards book were subsequently approved by City Council in August 2024 with the condition that the chapter 163-development agreement affecting the subject property is amended by August 20, 2025. Should the provisions of this condition not be met, the PD rezoning will not take effect.

The proposed amendment include:

1)                     increasing the number of multi-family residential from 474 to 528 dwelling units (480 apartments and 48 townhomes);

2)                     increasing the height within Phase 2 to allow apartments to be up to four stories;

3)                     updating the traffic information based upon the traffic study update (TIA25-0001);

4)                     capping the current tolling for the agreement’s expiration to 48 months; and

5)                     the grammatic clean-up of several Sections including 3, 5 and 6.

FINDINGS AND CONCLUSIONS:

The requested Amendments are consistent with the conditions as requested by staff during the PD rezoning in August 2024.

Staff recommends approval.

FISCAL IMPACT:

N/A

PROCUREMENT REVIEW:

N/A

LEGAL REVIEW:

This Agreement has been reviewed and approved for form and legality by City Attorney, William E. Sexton.

ALTERNATIVE:

•                     Approve with amendments

•                     Deny

•                     Table