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500 Ocean SPTE DEVELOPMENT ORDER OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA Development paz Building Engineering Occ. Llcen.. D.puty City CI.rl! PROJECT NAME: 500 Ocean (fka The Arches) APPLICANT: Boynton Ventures I, LLC APPLICANT'S AGENT: William Bloom with Holland & Knight AGENT'S ADDRESS: 222 Lakeview Avenue, Suite 800 West Palm Beach. FL 33401 DATE OF HEARING RATIFICATION BEFORE CITY COMMISSION: December 18, 2007 TYPE OF RELIEF SOUGHT: Request a one (1) year time extension of the major site plan modification (MSPM 05-008) and height exception (HTEX 05-006) to September 6, 2008 LOCATION OF PROPERTY: Southwest corner of the intersection of Federal Highway and East Ocean Avenue DRAWING(S): SEE EXHIBIT "B" ATTACHED HERETO. x THIS MATTER came on to be heard before the City Commission of the City of Boynton Beach, Florida on the date of hearing stated above. The City Commission having considered the relief sought by the applicant and heard testimony from the applicant, members of city administrative staff and the public finds as follows: 1. Application for the relief sought was made by the Applicant in a manner consistent with the requirements of the City's Land Development Regulations. 2. The AppliCjmt LHAS HAS NOT established by substantial competent evidence a basis for the relief requested. 3. The conditions for development requested by the Applicant, administrative staff, or suggested by the public and supported by substantial competent evidence are as set forth on Exhibit "C" with notation "Included". 4. The Applicant's application for relief is hereby .,/ GRANTED subject to the conditions referenced in paragraph 3 hereof. DENIED 5. This Order shall take effect immediately upon issuance by the City Clerk. 6. All further development on the property shall be made in accordance with the terms and conditions of this order. 7. Other DATED: la -.:J ,- 07 S:\Planning\SHAREDlWP\PROJECTS\ARCHES @ BB\SPTE 07-012\DO.doc EXHIBIT "C" Conditions of Approval Project name: 500 Ocean (tKa The Arches) File number: SPTE 07-012 Reference: ! DEPARTMENTS INCLUDE REJECT PUBLIC WORKS - General -- Comments: None X PUBLIC WORKS - Traffic Comments: None X UTILITIES Comments: None X FIRE I i Comments: None X i , POLICE Comments: None X I ENGINEERING DIVISION I I Comments: None X I BUILDING DIVISION i ! Comments: None X i P ARKS AND RECREATION I ! ._._~ I Comments: None i X I i I FORESTER/ENVIRONMENT ALIST I I ..--- I I Comments: None X i I ! PLA..~NING AND ZONING I ,-- I , , Comments: ~-- -.-- 1. The time extension is subject to the original Conditions of Approval. I X- i , -.-.......- 500 Ocean (flea The Arches) SPTE 07-012 Conditions of Approval P 2 age DEPARTMENTS INCLUDE REJECT ADDITIONAL COMMUNITY REDEVELOPMENT AGENCY BOARD CONDITIONS Comments: None X ADDITIONAL CITY COMMISSION CONDITIONS Comments: To be determined. ~ S:\Planning\SHARED\WP\PROJECTS\ARCHES @ BB\SPTE 07-012\COA.doc Exhibit nAn · THE ARCHES Location Map . 11 0 55 0 ~-- 110 220 330 440 I Feet to; w+, , EXHIBIT B November 6,2007 The Arches Time Extension Additional Justification The following statement provides additional justification to the City to support the applicants need for a time extension for the project known as the "The Arches" located at 500 Ocean Avenue. The current market conditions are a major factor in the stalling of the project. The applicant has been working on creative solutions to this problem in order to make the project move forward and begin beginning construction. After some analysis of current market conditions, the applicant is moving forward with a luxury rental project instead of the previously proposed condominium units. There is a need for upscale rental units within the City of Boynton Beach. With the potential conversion to rental come minor mechanical, electrical, and plumbing modifications. The applicant has currently put the construction plans out to bid for these modifications and intends on beginning this modification process within the next several months. Below details the list of proposed construction changes that the applicant is proposing: Architectural Value Engineering Changes: . Eliminated 1 floor of the parking gara~e o Amenity deck is now on the 51 floor rather than the 6th o 6th floor residential is now identical to floors 7'h _15th o Exercise room and Party room are now located on 5th floor. o Unit number will change from 356 to 362, addition of 6 units . Reduce size of Amenity deck o Stair C-3 has been eliminated o 'Storage room' to replace stair C-3 on roof deck to maintain symmetry o Maximum occupancy for smaller roof deck: 625 occupants o Maximum occupied area for smaller roof deck: 19,000 square feet . Eliminated building 'D' retail (2-Story) o Northwest corner of parking garage was redesigned to accommodate two loading docks. (151 floor) o Northwest side of plaza where building '0' used to sit will require a new landscape layout. . Trellis and associated planters on the 151 floor have been eliminated from parking garage fayade . Glass canopy has been removed from first floor at northeast and southeast corners of retail . Eliminated high ceiling and curtain wall system in corner units on 51h and 151h floor. o Roof slabs at both 51h and 15th floor are continuous all the way to corners. o Slab still projects 2'-0" past parapet at corners o Glass balcony guardrail sitting on concrete curb at corners where curtain wall used to be. Structural VE Chanqes: Change foundation system from augercast piles to vibroflotation. The applicant feels that progress continues to be made in order to keep the proposed project moving forward in a market that is currently unfavorable towards residential development. The applicant respectfully requests the approval of the requested time extension.