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Mounds View Planning Commission March 19, 1997 Agenda Meeting Page 8 II Sandy Simmons, 5041 Edgewood Drive, asked if the schools had been contacted regarding the project since there are two schools in close proximity to the project . Director Sheldon indicated that they have not contacted: schools but would be happy to do so. Ms. Simmons felt that this pr' , sal R ` provide jobs for teenagers, although they may be working until.• :00 a.n44 . _ is concerned with the kids skipping school to visit the theater 1%.. rall, - ed that she is not happy with the project and thinks they hav kriough tra. e } . • ,.Y S�M1` IN Julie Olsen, 2663 Lake Court Circle, want il:to veri> i At the in' •`'•�"' Y`r contained in the traffic study was derived usingyy 1� �e one access p She wondered if there was any information derivetf w the projected increased traffic to Mounds View Drive. Ms. Sheldon ingpitemyvas no specific analysis done at the Mounds View Drive/Long Lake Rad int Ms. Hever briefly explained that traffic study and how it impa §,the area;#ion. It was added that there would be no benefit to take;: ' : -�•'•„YYYY:. Y: � �'��ew Drivr� �ad of continuing on- •`.':rYYYY::ti.YYYY�Yvti::iY�YYtiY}v. .. .tN Highway 10 to gain access to the.j te- tNil n also squired about the possibility of a smaller theater w fewer i W ndered how the demographics differed from t*emogrArhicsVg,%reas, specifically Highway 10 and Foley Blvd. Mr. W ell Smith?estatedwl at Carmike is the number one III M�ti`�;;:{•+iv 4�K CYvvY builder of movie screens/ countryand it .Mmes down to their expertise and their experience in the :Vie busies. Ms.Olsen wondered if Springbrook would be closed if the Mcalinditkiew the$ w ded. Mr. Smith indicated that Spc Q'b rook is a .:41.t: . 't theate ` ya different market. Therefore, it plans to remain 'pen. S SD • wired as•'ti'i why Carmike is also developing office buildsagain'v . ate know if they would be constructed simultaneously with th t Mr. Sart l.,: >:ined the plan shows full development and they are lookinging the , f the project and explained that office buildings use pac*g t es than the theaters, and therefore, joint parking could be `ed. Mr Srr1F' '.YY,•,: •.#hat once they get a percentage of an office building pre- < ;;leased, they wow ; fhe needed financing, and then proceed with construction tt ;YY and at the samirri , would be marketing the second building. He added that the ; OF y ` market generates the construction. Ms. Olsen brought up the Highway 10, Area 9 Kz _� Study and tl the marketing study done by Towle Real Estate states that placing a EPRIN” ovie theel"in this area was not feasible. Director Sheldon indicated that it was igii .:11 standing that the Towle Report was specifically looking at the parcel sizes Y, ;: ;;th 9 which are not as big the O'Neil property and that the size of the parcels would not allow a theater development. She added that she can confirm this information. She also noted that the study indicated that there is a lack of cultural and entertainment uses in this part of the corridor. Ms. Olsen wanted to know if tax increment financing will be used. Director Sheldon indicated that the developer has • not requested tax increment financing for this project. Ms. Olsen inquired about the