Proposed apartment complex would involve tearing down University Place Apartments, other nearby buildings
COLUMBIA, Mo. (KMIZ)
A major redevelopment project could reshape downtown Columbia and replace several existing buildings near the University of Missouri's campus.
Developers are asking city leaders during Thursday night's Planning and Zoning meeting to rezone property between Paquin Street and College Avenue to make way for a new apartment complex called "Theory Sterling Mizzou."
According to plans submitted to the city, the development would include 305 units with a maximum occupancy of about 970 residents.
The project would span 2.91 acres and require the demolition of several existing buildings, including University Place Apartments family homes and a personal services building.
“The entire block bounded by College, University, Matthews, and Paquin will be demolished if the project is approved,” according to a Wednesday statement from Development Services Manager Patrick Zenner.
The apartment complex would be accessible from both Matthews Street and College Avenue, per city documents.
If the Planning and Zoning Commission approves of the redevelopment plan, it would then go to the City Council.
Traffic Impacts
As part of the proposal, developers submitted a traffic impact study examining how the project could affect nearby roads and intersections.
The study estimates the development would generate up to 215 vehicle trips during the busiest periods of the day. Most traffic is expected to enter and exit the property directly from College Avenue.
Engineers found some traffic movements along Matthews Street would experience slightly longer delays during peak hours. However, those delays are expected to increase by fewer than five seconds, and the study concluded nearby roadways would continue operating at "acceptable" levels.
The study identified several intersections that could experience additional traffic from the development, including:
- College Avenue and University Avenue
- College Avenue and Paquin Street
- University Avenue and Matthews Street
- Paquin Street and Matthews Street
- College Avenue and the proposed site driveway
- Matthews Street and the proposed site driveway
The study also identified off-site improvements that may be needed to accommodate the project. Parking would be included as part of the development. According to documents, Theory Sterling Mizzou would provide 579 parking spaces.
Developers compared the proposal with other student housing developments in downtown Columbia and found Theory Sterling Mizzou would offer the most parking spaces while also housing the largest number of residents in the downtown area, with a projected capacity of 961-970 people.
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