Silver Creek Village Center project details approved
June 5, 2015
Considering how long the approval process has taken for the Silver Creek Village Center, the discussion moved relatively quickly on Wednesday night.
After twice postponing the vote this year on the governing document for the Silver Creek Village Center, Summit County Council members unanimously approved the development agreement.
Council members appeared satisfied with the final version of the 42-page document after a short discussion about the edits that were made to it within the last week.
Kim Carson, County Council chair, said she is comfortable with the agreement and the time that was spent to reach a consensus.
"I think we took the time that we needed, and that the developer needed, to make sure that we were all satisfied with the end product," Carson said. "It’s a big project that will have a huge impact on the community."
At the last meeting, County Council members chose to extend the Specially Planned Area, sometimes referred to as a SPA, deadline through Wednesday. It was the fourth time the designation had been extended since it was originally approved in 2011.
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"It was definitely a long road to get to this point," said Jennifer Strader, Summit County planner. "I see the development agreement as the first step in what is going to be a long, but exciting process."
The Development Agreement is the governing document for the 240-acre residential and commercial town center slated for land north of the Silver Summit Business Park on the southeast corner of Interstate 80 and U.S. 40. It contains the conditions that the developer, the Lowe Company, and the County Council members agreed to.
The final agreement restricts commercial space to 50,000 square feet, with the ability for the developer to convert residential square footage to commercial use in the future with a "substantial amendment." It also outlines the developer’s responsibilities for community benefits that will be derived from the project, including a park donation and surrounding trails.
"The benefits were already spelled out in the SPA. Our job was to make sure what was in the development agreement was memorialized in a manner that holds it accountable," Carson said.
Now that the agreement has been approved, the developer can move forward with detailed designs and infrastructure, such as sewer, water and road construction. However, there are still requirements needed for the approval of subdivision plats, site plans and other types of development permits, Strader said.
"This is where everything the county and the developers have been working on comes together and we get to see a community being built," Strader said.
Eric Langvardt, a private sector Silver Creek Village Center planner, said once the development agreement is signed and recorded it will trigger many of the requirements that have to be put in place as part of the project
While getting the approval was a "big hurdle," Langvardt said "it’s just the beginning."
"We realize it was a big step and it’s exciting," he said. "We feel great about the project and what it will ultimately bring to the community. The county was great to work with and understands that things will come up and we’ll have to continue to adjust. We just look forward to making this, hopefully, the best community in Summit County."