Council Approves Memorandum of Understanding with AMLI for New Development on Midway Road

Council approved a Memorandum of Understanding (MOU) with AMLI at its August 9 meeting for its new multi-use development on Midway Road. The key performance standards in the MOU were based on feedback received from the community during public meetings held by AMLI as part of their rezoning request.

Key components of this MOU include:

• Performance standards for initial finish out, use, and leasing of the two ground floor tenant spaces in the multifamily wrap building.
• Performance standards for improvement and dedication of the proposed public open space and trail improvements, the allocation of an additional $100,000 to fund enhancements to the dog park, and the option to dedicate additional land in the future for dog park expansion.
• Performance standards for the development of the fee simple townhomes that enhance the Town's capacity to ensure that those dwelling units are completed in a timely manner.
• More restrictive construction work hours that limit work during the evening and on weekends.
• Defining material facade construction standards to ensure building facades achieve the Town's previous masonry standards for mixed-use development.
• Acknowledgment and support of ongoing discussions with adjacent neighborhoods to finance perimeter fence improvements.
• Commitment to achieving at a minimum, LEED Silver certification for the multifamily rental component of the project.
• The donation of $150,000 to the Addison Arbor Foundation to support the installation of public art within the dedicated public open space. 
• The provision of 10 additional electric vehicle charging stations, in addition to the 20 stations that were previously committed to.

You can watch Council's AMLI MOU discussion here, review the presentation here, and read the MOU here.