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PRD Meeting <br />11-25-02 <br />Page 21 <br />Mrs. Cinco said they won't build. Otherwise, you are so restricted it's like a glorified single- <br />family. That's what you'd end up with and that's not what the intent was. <br />Dr. Parker said okay. And when we talked about the minimum project size, you know we talked <br />4 versus 5-when you look at a development like in Landerhaven where we saw it had 3+ units <br />per acre. Any thought, Bernie, as to why it's 3 plus? Was it that there's only allowed for 4, but <br />the builder decided that--maybe because they didn't want to squeeze them on, some units ended <br />up with 3, let's say, per acre? I am just saying, I am trying to figure out how they came up with <br />3+ units per acre. That kind of comes to the heart of 4 versus 5 and where we break it. Maybe I <br />just feel very restrictive about it, maybe I'm not looking for glorified single-family housing but I <br />just.... <br />Mr. Samac said I understand what you are saying. I think in that particular case, Landerhaven, <br />Landerhaven Court, as I'd mentioned earlier the way that developed was originally, they were <br />going to keep the golf course, part of the golf course, and develop condominiums throughout <br />(something like an Aberdeen on a smaller scale.) The developer who owned that, Larry Davis, <br />put what's Landerhaven Court right now, two model units up. And they were placed on that site <br />and before they got into any other development phase they decided it wasn't going to be <br />economically feasible to do that; the market wasn't there and this and that and they passed a <br />rezoning to allow office park in there. Ultimately, they ended up in Court and well, got what you <br />have there now which is a nice office development. That, where it placed the models, from that <br />point south to Cedar Road, it just so happened that there was a little over 3 acres there (or <br />whatever it was; 4 acres) and when that piece of property, and that residual piece of property <br />hanging out there at the corner was too small to do any type of office development, a builder, <br />Larry Blaustein bought it and designed the other buildings in there and even took the buildings <br />that were built as models and re-sided them and that to sort of make them fit in with his design <br />(because the two at the far northwest corner of that development are a little bit different than the <br />others because they were the models.) And he chose to put in good size units. I think some of <br />those units are like 3,500 square feet. They have full basements and by the design of the lot <br />itself, the size of the buildings he wanted to put in there and the market that he was getting for <br />them at the time, that's all he felt he could put in there for his development. I might add, the guy <br />went belly up on it but the units did ultimately sell and those units are going upwards of <br />$500,000 right now. But, that's what happened. <br />Dr. Parker said yes, we could surmise on that. I guess we are just looking at what's the most, <br />what's the best, the best development I've seen out there, which I liked that one the best and I <br />look at how many do we have attached? What's the acreage density? <br />Council President Buckholtz said was it 3.9 acres by the way? <br />Dr. Parker said I am just trying to visualize in my own mind what I feel is going to be in the best <br />interest of Mayfield Village as opposed to, I realize, hey they've got to do a building but there <br />will come a time when it will be financially feasible for them to do it, or whether it's 15 years <br />from now, I think the most important thing has nothing to do with whether what we do is <br />economically feasible for developers. It has to do with what's going to be in the best interest in <br />