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k . _. — --- - - -- _ - --=- --- --- ----- - =-_ - =- -�=_= - <br />__ .�.._��.___ ' _�al lc__ . . ___ _ _ _ . . . . . ' . .:... I -. ' -...' -' �. <br />_ "_______— __ __—_ ' _ . L. ' - ' �. .-. �stl <br />Planning Commission Report <br />TOLD Development Co. Case #`507-97 <br />January 14, 1998 , <br />Page 4 <br />economic and environmental consequences. In the area of land use, the plan is often used to <br />balance community desires and the marketplace. The marketplace, for the most part, initiates, <br />finances and constructs development of homes, businesses, entertainment and leisure uses. Cities <br />can shape the character of their communities if they translate the vision in the Comprehensive Plan <br />into development regulations, which then molds what happens in the marketplace. The <br />marketplace, however, keeps moving and continues to bring ideas to communities which may not <br />have been anticipated by the plan or which differ from the plan. Plans need to be revisited and <br />updated to keep pace as circumstances change or as opportunities arise. This request is coming <br />from the marketplace and presents opportunities and consequences. The Planning Commission <br />and City Council, after hearing testimony from citizens, the applicant and staff, must judge <br />whether this new idea wo:ks for I�Iounds View. <br />B. Rezoning Request <br />Discussion of Reques : As stated above, the Planning Commission shall consider the possible <br />adverse effects of the proposed rezoning. The criteria are as follows: <br />1. Relationship to the Camprehensive Plan. The proposal is inconsistent with the current <br />Comprehensive Plan designation for this site. Minnesota Statutes require that a proposed <br />rezoning be consistent with the adopted Comprehensive Plan. If the proposed amendment to the <br />Comprehensive Plan is approved, the proposal would be consistent. <br />2. Surrounding Area The subject properties form an irregularly shaped parcel bounded <br />Highway 10 to the west and County Road I to the south. There is an extensive, existing single <br />family residential neighborhood to the east and an approved ten-unit townhome development to <br />the northwest to compliment the e�sting apartment buildings. South of the site is a fast-food <br />restaurant and Moundsview Square Shopping Center. Across the highway is a SuperAmerica and <br />Burger King. In the proposed plans, the residential areas to the east and the north would be <br />buffered from the development by a wide expanse of greenspace, berming and/or tree cover. <br />At both of the neighborhood meetings, there was discussion about whether property values would <br />decrease in the adjacent neighborhood as a result of this project. While there is no evidence to <br />suggest that property values will decrease as a result of this project, neither is there evidence to <br />suggest an increase in value. The impact may not be financial but quality of life or "feel". The <br />developer has offered to deed additional land to those properties abutting the site on Greenwood <br />Drive as a means to mitigate any perceived or real impact to property values or to establish a <br />greenspace easement. <br />3. The demonstrated need for such use. The applicant's client--Walgreens--has done <br />considerable research with regard to market conditions and long term feasibility for this particular <br />site in Mounds View and feels there to be a strong need and economic viability for a store at this <br />location. Residents in the adjacent neighborhood have expressed concerns over what will happen <br />if Walgreens fails and the building is left vacant. Staff understands that TOLD Development <br />