PCAgenda_08Mar25 - Laserfiche WebLink

Home Browse Search

VI. Economic Development/Redevelopment The City of Falcon Heights has virtually no privately owned vacant land available for development. Already small in population, size and geographic area and having limited tax base, it is prudent for the City to continue taking advantage of opportunities to collaborate with and create partnerships with other government entities to provide a full range of high quality public services. If University of Minnesota policies change so as to allow the sale of land for private development, there could be a substantial opportunity for the development of approximately 102 acres between Larpenteur and Roselawn Avenues east of Fairview. In this case it will be the City's intent to assume regulatory authority and encourage developments that are consistent with the goals and policies of this Comprehensive Plan. Such development will be designed to be a walkable, vibrant urban neighborhood, incorporating housing, business and retail areas, parks and trails, accessible to transit and respecting the urban/rural open space character that is highly valued by the City's residents, especially adjacent to existing neighborhoods. The same principles will apply to any State Fair land south west of the Snelling and Larpenteur intersection, should this land be sold for development. • Economic Development Goals and Policies Economic Development Goals 1. To continue the growth of the City's tax base by maintaining and upgrading the existing housing stock, redeveloping blighted areas, rehabilitating deteriorating buildings and properties, retaining businesses and improving aesthetics. 2. To guide any future private development of University of Minnesota lands and the State Fairgrounds lands west of Snelling Avenue according to the values and objectives of this comprehensive plan. Economic Development Policies 1. Encourage growth in tax base through upgrading of retail centers and small business zones 2. Encourage high quality urban design that incorporates attractive, safe and walkable/bike-able spaces. 3. Plan for the possible expansion of limited and neighborhood business and mixed business and residential use along Larpenteur Avenue, west of Snelling Avenue as designated on the Comprehensive Land Use Plan. 4. In the event that a portion of the State Fairgrounds property becomes available for development over the life of the plan, allow mixed use development near the • Snelling/Larpenteur commercial core that provides services to residents and to the University of Minnesota and State Fairground users. Falcon Heights Comprehensive Plan Draft January, 2008 Page IV - 11 Part IV: Parks, Community, Economic Development, Implementation, Appendices