02/12/2007 Council Packet - Laserfiche WebLink

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Economic and Commercial Development Lino Lakes currently is, and is projected to remain for the foreseeable future, a predominantly residential community. However economic growth opportunities emerge from Lino Lakes' strategic access to Interstates 35W and 35E, the projected expansion of economic and employment activity northward from the Twin Cities metropolitan region, and the retail and service demands arising from growth of the city's household base. Given the emerging opportunities for economic and commercial growth that are projected for Lino Lakes over the next 25 years and the limited availability of land that can accommodate these opportunities to the community's benefit, the Comprehensive Plan must identify the need for and means to achieve the amount and type of economic and commercial growth desired and needed to ensure the quality of life, economic vitality, and tax base diversity required to sustain Lino Lakes to 2030 and beyond. 2030 Vision Lino Lakes has a multi- faceted productive business and commercial community that contributes to the city's economic vitality, provides a stronger and more diverse tax base, and affords high quality employment, retail, and service opportunities for the entire community. It also provides those specific commercial service amenities desired by citizens within their neighborhoods. Lino Lakes has become an attractive destination for high technology and high value light industrial and business enterprises as well as smaller entrepreneurial businesses. The business community is an integrated component of the Lino Lakes overall development plan to achieve a well- designed community and preserve, protect and showcase the city's valuable natural resources and amenities. Goal 1: Expand and diversify; the city's tax base by encouraging mixed use and nodal development. Rationale: The City of Lino Lakes needs to promote mixed -use and nodal development that integrates commercial developments with surrounding areas and neighborhoods and enhances better connectivity among all parts of the city. Strategies: • Encourage developers to take advantage of opportunities provided by mixed -use and nodal development design standards especially within designated redevelopment areas. • Establish guidelines for the appropriate inclusion of green spaces, paths and other people - oriented amenities within commercial areas and throughout the city. • Ensure commercial development is dispersed appropriately throughout the community and in designated business development areas. • Develop walkable neighborhoods with commercial nodes and amenities for residents. 13