HomeMy WebLinkAbout002 - Compass Apt NarrativeKOHOUT DEVELOPMENT
3740 Northern Avenue Orono, MN 55391
jamison@jamisonkohout.com 612.282.7053
February 13, 2024
Compass Apartment Building
Street Address TBD, North 27th Avenue & Tschache Lane
Project Narrative for Compass Apartment:
Introduction
Kohout Development is proposing to develop and construct a 112-unit residential apartment building. The proposed
building will be located at the intersection of North 27th Avenue and Tschache Lane. The land is owned by Bozeman
Apartment Holdings LLC. Jamison Kohout is a partner and the owner’s representative.
Kohout Development is endeavoring to build a new and vibrant market-rate apartment. The project will include outdoor
amenities such as an outdoor play area, roof-top patio, community patio, and a dog park.
Residents will enjoy heated garage parking, in-unit laundry, upscale finishes like granite counters and stainless
appliances. There will be a fitness center, a community room, bike storage and a package center with security cameras
to accommodate their ecommerce deliveries. Unit types will include a wide variety ranging from studio apartments to
two- bedroom and two-bathroom suites.
Community Benefit
Compass will bring a desirable market rate apartment option to Bozeman. A recent market study provided by CBRE
indicates a continued growth in housing demand in the area, particularly a need for multifamily apartments.
Zoning and Land Use
Zoning
The current zoning for the site is C5, which is designated for high-density apartment use.
Building Size
The proposed building will have at-grade parking with four floors of living space above it and one floor of living space
surrounding it on the street side. The foundation to include garage and first floor apartments will be 40,838 square feet
while the four apartment floors above will combine for 102,034 square feet. The total building square footage will be
142,872 square feet.
Unit Mix
We plan to have the following units:
26 - Studio 25 – One Bed, One Bath
7 - One Bed, One Bath + Den 12 – Two Bed, One Bath
42 -Two Bed, Two Bath
Construction Details
Building Floorplan Notes / Layout
Our first floor incorporates a heated garage and first floor living units along with a community patio and lounge. The
second floor offers a fitness center with yoga room. Some second-floor units will have walkout decks over the first floor
living units. The third and fourth floor will be mostly reserved for living units but will feature storage area. The fifth floor
features a roof-top patio and community room.
Exterior Finishes
The exterior will feature a variety of materials. In addition to manufactured stone or brick, hardboard siding in varying
design and textures will give our project a modern, but still timeless appeal. The roof will be finished with architectural
asphalt shingles.
Parking
Our preliminary site plan indicates 70 stalls of garage parking, 67 surface parking stalls, and 20 on-street parking stalls for a
total of 157 parking spaces.
Additional Comments Related to the Informal Review
Open Space A that is indicated on our plans was originally thought to belong to the city. Through the development process
we have learned that the property was left out of a prior transfer to an association that was meant to serve our property
and the properties to our west. We are collaborating with a prior owner and our neighbors to get the association reinstated
and to have the open space serve our development without boundary restrictions.
I have had a conversation with Griffin Neilsen about the following items and will reach out to other appropriate staff
members as decisions are made:
The IMEG engineering team is reaching out to the DNRC to inquire about water rights for an on-site well to supply
our irrigation. If approved, we will consider a well instead of the CILWR fee.
We intend to research high efficiency toilets, washers, and shower heads to earn the CILWR rebate associated with
water conservation.
Our application includes a traffic study as required so that staff may determine if our project will require any
impact fees.
The informal review comments suggested that the City of Bozeman is adopting a new UDC. It is my understanding
that there is no new progress related to the UDC.
We understand that affordable housing is an initiative, and we are aware of other affordable housing projects are
coming forward. We intend for Compass to be a market-rate apartment building.
We want to thank the City of Bozeman’s administrative staff for taking the time to meet and for their review and
comments related to this application.
We look forward to the potential of breaking ground on this exciting project in 2024.
Respectfully,
Jamison Kohout
President – Kohout Development Inc