09/08/2009 Council Packet (2) - Laserfiche WebLink

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Many things have changed over the past five years since the original owners set their sights on a successful lodging operation. None having more affect than the current economic climate. With less expendable discretionary income, lodging demand has dropped dramatically all across the country, not just in Lino Lakes. However, demise of the planned Lino Lakes Town Center, has also had a dramatic impact on the attraction of potential guests. Therefore after years of struggling to support an unprofitable operation, the current owners would like to partner with Winkelman Building Corporation and our investors in providing another highly sought after lodging option into your community. Our proposed senior housing option brings many benefits to your community; There currently are no senior - housing -with- services facilities located in Lino Lakes. • Local seniors must move elsewhere. • Their expendable income goes with them. • Approximately 50% of residents will come from outside Lino Lakes, bringing their income with them. A recent study by Maxfield Research has identified an unmet demand in the Lino Lakes Area. (See attached draft copy. The final version is still in the works.) All Anoka County nursing homes are located at the south end of the county. We will accept elderly waivers and group residential housing certificates through the county; thereby assisting low income as well as private paying elderly residen A senior housing complex will create many more jobs than a motel. (Approximately 40 ftes) A senior housing complex will create better paying jobs than a motel (approximately $1 million in payroll). We are sure that if you check with the local medical clinic located one block to the south of the site, they will be very pleased to see the addition of senior housing in the neighborhood. We are actually currently working with another clinic at another site that approached us to incorporate a 12,000 sf clinic and pharmacy into our building. The proposed building will have less traffic than a hotel.