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HomeMy WebLinkAbout08/06/2015 EDAC Minutes 1 CITY OF LINO LAKES ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MINUTES DATE: August 6, 2015 MEMBERS PRESENT: Nathan Vojtech, Lou Masonick, Chad Wagner, Thomas Colgan, Tami Wier, Don Johnson MEMBERS ABSENT: Rebecca Glewwe, Julie Schwartz. OTHERS PRESENT: Michael Grochala, Keith Dahl APPROVAL OF MINUTES It was moved by T. Wier to approve the minutes of June 11, 2015. The motion was seconded by N. Vojteck and passed unanimously. FIRE STATION UPDATE Mr. Swenson, Director of Public Safety, gave the committee a synopsis of where the construction is at for the new City of Lino Lakes fire station as well as, the training of personal, equipment that Lino Lakes owns, and the federal grant process to acquire further funding for more necessary equipment. LEGACY AT THE WOODS EDGE (City Property) Mr. Grochala, Director, discussed an overview of Legacy at the Woods Edge, a city owned property, at the intersection of Interstate 35W and Lake Drive. There is roughly 20 acres remaining in the Planned Unit Development that contains the YMCA, civic offices, apartments, assisted living, a bank, and a medical facility. Available for development are three blocks referenced as the Urban Block, Neighborhood Block, and Town Square Block. As for the overview, development of the Neighborhood Block was the main topic discussed. Mr. Grochala explained the pros and cons of short-term development goals as well as, long-term development goals while capturing the maximum investment for the property. The committee discussed many topics concerning the Neighborhood Block development including whether the City of Lino Lakes should retain the investment longer to increase market value, the type of residential housing that should be developed (townhouses, detached townhouses, or apartments) with flexibility, and if the infrastructure surrounding Legacy at the Woods Edge will allow for the town center development Lino Lakes is pursuing. 2 BUSINESS RETENTION & EXPANSION PROGRAM Mr. Grochala briefly mentioned that Ms. Barsness is still working on developing more steps for a working plan and a cost estimate breakdown. PROJECT UPDATES Mr. Grochala provided an overview of ongoing projects regarding upcoming housing developments. Staff is working with the owner of the 49 Club to demolish the building this fall however; estimates for demolition are higher now because of associated cost with filling the basement. The Watermark project will likely submit an application for preliminary approvals this fall. Street reconstruction in the Shenandoah is nearing completion. ADJOURNMENT The meeting was adjourned at 9:16.