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• <br /> Redevelopment Goal <br /> Mounds View,like many cities,is undergoing a change from a growing suburb into a redeveloping <br /> one. The land resources that once spurred development are now limited and any increases in <br /> employment and market value will come predominantly from reinvestment or redevelopment of <br /> property. <br /> The link between quality businesses and residents is critical to the continued success of Mounds <br /> View. Almost fully development, new revenue sources for municipal services will have to come <br /> from increased market value that occurs from business and resident reinvestment in their properties. <br /> This includes redevelopment within the city that allows for a higher value and/or density on an <br /> existing site.As such,the City has begun work towards promoting redevelopment opportunities to <br /> ensure that Mounds View remains a healthy and viable city. <br /> Mounds View intends to devote significant attention to redevelopment. Such efforts will be to <br /> redevelop aesthetically displeasing, aging, obsolete,blighted,contaminated,abandoned,unsafe or <br /> otherwise underused(lacking highest and best use)properties. Redevelopment areas are generally <br /> situated in high profile locations in the city,are very visible,located along major thoroughfares or at <br /> gateway intersections in the City and no longer convey the overall development values of the city in <br /> visual appearance or use. <br /> Additionally, the City will explore and consider development opportunities that owners and <br /> • <br /> developers present for the few remaining parcels of undeveloped property. In some cases,this may <br /> involve assisting the owners of such parcels with the marketing of their properties. <br /> 4110 <br />