05/14/2001 Council Packet - Laserfiche WebLink

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. Funding Category: Category B: Area 2, Developing Urban Community— Compact development with a mix of uses, including housing. It is not served by a regular transit route, but The Village is planned to include a future transit stop with ease of access to I -35W. Concept /6oals /Scope Lino Lakes' goal since 1995 has been the creation of a Traditional Neighborhood Development in the 50 -acre Village that ensures a new "downtown" with a true identity, genuine character and appeal. Based on a Master Plan and Design Standards developed by Calthorpe Associates, the Village plan is a model of a compact, neighborhood- oriented mix of uses — including diverse housing opportunities —in a developing suburb. Pedestrian linkages will create a human - scale, walkable environment connected to the commercial area, the future YMCA, the Centennial middle school and new elementary school, the industrial park, the Lino Lakes Civic Complex and the regional park reserve. Process to date /status 1997: City initiates extension of utilities to the Village, and purchases a portion of the Village site to control future development. 1998: City receives a 1997 Livable Communities planning grant; hires Calthorpe Associates to complete Town Center Master Plan and • design standards. City commits $1.5 million, plus land and infrastructure, to the completion of a YMCA community center 1999; City and school district invest $7.8 million in Lino Lakes Civic Complex (City Hall, Police Station, Centennial School District Early Childhood Center designed by The Leonard Parker Associates); Calthorpe Associates Master Plan complete 2000: Commercial and housing development team is formed for Phase I of Village Development; StudioWorks is hired for refinement of development plan (see attachment); city awarded Livable Communities implementation grant. 2001; Developers and city completing draft of development agreement that will include neo- traditional design standards. Economic feasibility study is complete and includes a recommendation for a Town Center tax abatement district. City has contacted and will make application to MnDOT for access ramp off 35W into the Village site. • Next Steps: Complete and approve development contract and timetable; develop marketing strategies, pre - leasing and financial approvals; create abatement district; Phase I implementation of public infrastructure, senior apartments, retail, office and service in The Village.