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• Highway 10 Redevelopment Priorities <br /> Section 4 - Regional Business Center <br /> Approximate Acres - 94 <br /> Current Character- Mounds View Business Park consisting of various limited manufacturing <br /> \warehouse and distribution facilities. <br /> Proposed Vision -Preserve the current quality of the business park with completed parcel <br /> development to maximize the acreage. <br /> Benefits <br /> • Increase the commercial tax base <br /> • Increase job opportunities <br /> ■ A completed business park <br /> ■ Excellent Access to freeways <br /> ■ Very marketable to quality companies <br /> Challenges: <br /> • <br /> • Request for pay-as-you-go TIF package to complete the last remaining building in the <br /> business park. <br /> Section 8a. - City Center: City Hall and Community Center <br /> Approximate Acres - 31 <br /> Current Character - Location for City Hall with ball fields, soccer fields, volleyball and <br /> playground. In addition this area includes 9 acres of underutilized wetland and the Bel-Rae <br /> Ballroom. <br /> Proposed Vision - Cluster all the uses for a large recreational/activity/community meeting place <br /> -- a place for residents to come and share the spirit of community. <br /> Benefits <br /> ■ Increase the spirit of community <br /> • Possible location to increase tax base and jobs <br /> • Improve aesthetics of wetland area <br /> Challenges: <br /> ■ Package redevelopment of the Bel-Rae with private sports venture. <br /> • ■ Identifying City Community needs to incorporate into redevelopment opportunity <br />