The covenants on the Town Center property set forth the use restrictions, governance, open space maintenance, and other regulatory facets of the development. This document will ensure a high level of predictability for future development. The following is a brief summary of the most important points:
• Intent. Creation of a pedestrian-oriented, traditional neighborhood, urban environment, containing retail, office, residential, public, quasi-public, recreational, parks, open space and residential uses.
• Fire Sprinkler Systems. All commercial buildings shall be constructed with an automatic fire sprinkler system. Residential projects in the Town Center may or may not need to be constructed with an automatic fire sprinkler system, depending on the size of the residence and the fire flows from area hydrants.
• Open Space. Public and Common Open Space will be designated as such during the platting process and the total acreage is tracked at the County level. These open spaces will be maintained by the TCOA. Project developers are, however, required to have a specified percentage of their lot or development in landscaping or open space. This open space will be maintained by the homeowners association (not the TCOA).
• Basement space. Temporary or permanent occupation of any basement space is prohibited. Basement space may be provided for storage only.
• Land Use Permit. All development proposals in the Town Center must first receive a Big Sky Town Center Design and Land Use Permit (DLUP) and a Gallatin County Land Use Permit before construction begins.
• Parking District. All tenants, lot owners, or owners of condominium units within the boundary of the Town Center Commercial District shall be a member of the Parking District. The Town Center employs the concept of shared parking which provides the option to reduce the number of required parking spaces.
• Building Construction timelines. We will ensure that building construction begins soon after a lot is purchased, and that buildings are completed in a timely manner. All exterior construction shall be completed within 18 months from the date building construction commences, or 24 months after approval of the Phase B DLUP, whichever is sooner. This includes construction of the exterior of all structures, all required parking, and placement of required landscaping and screening. A Big Sky Town Center Occupancy Permit must be issued within 24 months after approval of the Phase B DLUP, or 24 months after the date of the closing of the purchase of the lot, whichever is sooner (or as otherwise approved by the TCOA).