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PARKS <br />REAL ESTATE <br />Joel Hanson <br />City Administrator <br />City of Little Canada <br />515 Little Canada Road <br />Little Canada,MN. 55117 -1600 <br />Joel, <br />Parks Real Estate is real excited about kicking off a new wave of <br />development in Little Canada. <br />Attached is an outline for the purchase of and (approximately <br />144,000s.f.) upon which two buildings will be built. <br />Building 1- 3- story;44,000 r.s.f. <br />this building would be occupied by office tenants <br />with the possibilty of limited retail on the first floor <br />Building 2- one story;7,000 r.s.f. <br />possible office or retail tenants <br />Upon approval of our proposal by your City Council we are prepared to <br />move to a development agreement as soon as possible. <br />I encourage you and the city council members to visit the building I <br />presently have under construction in Eagan.Many of the same materials that are <br />proposed for construction on the Little Canada building are in place on the <br />Eagan building.The architect for your project is also the same architect who <br />designed the Eagan building. <br />Please understand that time is of the essance.l must break ground in <br />April of 1999 to meet the requirements of my tenant.Please feel free to call if you <br />have any questions. <br />Sincerely, <br />Chris Moarn <br />4374 Browndale Avenue Edina, Minnesota 55424 <br />Page 69 612/925 -5275 <br />