11-04-1996 WS - Laserfiche WebLink

Home Browse Search

i S . ;,' I t k - CONSULTING GROUP , INC . - ! Transportation■Civil•Structural■Environmental•Planning•Traffic■Landscape Architecture •Parking • f October 16, 1996 '-- . i i Ms. Catherine Bennett Economic Development Coordinator CITY OF MOUNDS VIEW 2401 Highway 10 Mounds View, Minnesota 55112-1499 i SUBJECT: PROPOSAL FOR SECTION 9—HIGHWAY 10 REDEVELOPMENT PLAN ttee.Dear Ms. Bennett and Members of the Selection Commi Ii I The Mounds View Economic Development Commission (EDC) is envisioning a specific role and atmosphere for Highway 10 within Section 9. The EDC's vision includes a cohesive, planned corridor with access for business opportunities; a corridor incorporating a City Center promoting essential services; a hub for commuters; an aesthetically pleasing corridor; and a local and regional link to the greater metropolitan area. • . The City has very concrete objectives, however substantial work and a wide variety of issues must still be confronted to maintain this positive momentum. Continued . revitalization can provide Mounds View with an intensified tax base, job growth, retail opportunities and housing options. Equally important is the enhanced image and positive 3 identity that Mounds View will gain with improving this core area. i ; A wide variety of opportunities and demands are inherent to the revitalization study. The study area beckons for creative vision to establish a new sense of place while reflecting the . community's values and scale. The study area encompasses approximately 33 acres between County Road I and Silver Lake Road, including a mix of single-family residential, . . multi-family residential, senior housing, small commercial office and vacant land. Redevelopment challenges are in the form of wetland constraints, access, visibility, • economic obsolescence and fiscal investment. Recognizing the diverse issues at hand SRF Consulting Group, Inc. has assembled an experienced team, a core services package and a unique menu of optional tasks available to the City of Mounds View. SRF is teaming with Springsted Public Finance Advisors, the City's longtime public finance advisors, and Towle Real Estate Company. Springsted will be available to assist in identifying funding mechanisms for development and redevelopment within Section 9, if the City selects that option. Towle representatives can serve the City with their access to up-to-date data on local and regional market trends. 411 One Carlson Parkway North, Suite 150, Minneapolis, MN 55447 '1'143 Telephone (612) 475-0010 • Fax (612) 475-2429 An Equal Opportunity Employer _