Broad and Washington is a new mixed-use development project proposed by Insight Property Group LLC represented by McGuire Woods LLP. The site is located at the corner of East Broad Street and North Washington Street. As proposed the project would include the following elements:
a five-story mixed-use building with a ground floor retail use of approximately 26,300 square feet;
a five-story residential multi-family rental apartments with 292 units;
a five-story office building; and
a one-story above grade parking garage in addition to two levels of underground parking.
The Applicant proposes to consolidate three parcels along the north side of E. Broad Street between North Washington and Lawton Streets. The subject parcels are as follows: 100 N. Washington Street, 127 E. Broad Street, and 131 E. Broad Street. The site is occupied by an office building at the intersection of E. Broad and N. Washington Streets, an Applebee's restaurant, and a medical office building at the intersection of E. Broad and Lawton Streets.
The City is asked to consider the following land use actions associated with the development proposal:
Special Exception – to allow residential use within a mixed-use development
Special Exception – to allow a height bonus of up to 10 feet in B-2, Central Business District
Development proposals of this scale must go through numerous phases of staff review and receive several reviews and approvals by boards, commissions and City organizations before they are considered for approval by the City Council.
A Planning Commission and City Council joint work session will be held on Monday, June 5, 2017.
Application package submitted on August 5, 2015. A second supplemental submission with a traffic impact analysis and shared parking study was received on December 21, 2015. A third submission was received on March 20, 2017. A fourth submission was received on May 26, 2017.