HomeMy WebLinkAboutInwood Multifamily Development From: Scott Mumhv
To: Ken Roberts
Subject: Inwood Multifamily Development
Date: Wednesday,November 6,2019 2:12:27 PM
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Ken,
This is relative to the proposal from RPS Legacy for the 68 unit apartment building.
I live in the Inwood development at 8669 Lower 8th Place N, Lake Elmo, MN 55042. 1 also have served
on the Board of Directors for the Inwood HOA since the homeowners took this over from M&I Homes in
May of 2018.
While I understand the need for multifamily developments in the area, my preference is for townhomes or
condos that are owned by the occupants.
Owners of townhomes and condos have a vested interest in preserving and enhancing their property
values, while apartment dwellers do not. Apartments attract a more transient type of population whose
interest is in finding lower rent and therefore, lower property values.
Case-in-point is a friend of mine who lives in Maplewood near some apartment buildings where a
shooting took place a few months ago and he and his family are in the process of moving to our
development to get away from this. He found that his property value has decreased dramatically since
the shooting took place at that apartment building near his home.
I understand that people live in apartments for a variety of reasons, however, there is always a difference
of attitude when people rent vs. own a home, a car, a power tool or anything.
Please re-consider this proposal for an apartment building and, instead, solicit proposals for townhomes
or condos that can be owned by individual families who can enjoy and who will enhance the value of this
beautiful area.
Thank you,
Scott Murphy
Phone 612.875.1102