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EDC Minutes July 15, 2016 Page 9 of 10 Rice Creek Commons (TCAAP) Development Update Beeman updated the Commission on Rice Creek Commons stating that the infrastructure construction is currently underway and substantial completion is expected to be this fall with final completion in the Spring of 2017. Phase I of the building construction will begin in 2017 and is expected to consist of 200 homes, and anchor business, and the recruitment of a grocery store. Alatus is the master developer. Helgemoe asked when the new bridge over County Road H will be completed. City Administrator Jim Erickson said it is expected to be completed by November this year. Commissioner Larson asked how the businesses are holding up with the construction. Beeman said he has received about three calls from businesses complaining originally about wanting more signage to direct people to their business during construction and as the construction prolongs into the summer it starts to affect the businesses and there revenue. One has even threatened a law suit even though it is a State and County project. The City also changed the addressing along the stretch of Lucky’s, R.J.’s, and the Auto Repair shop from Hwy Ave to County Road H. This seems to make more sense. In addition, the City Council has approved the County Road 10 renaming to Mounds View Boulevard which goes into effect in August. Beeman has been in contact with the company that worked with Biolife on sequencing their address so clients can find them and left several message, however they have yet to get back to him. Snyder Building Beeman is still working on the Snyder building to get it sold or leased; however the owner still has not come down on price. An auto parts store was interested in the early spring but nothing came of it. Beeman had received a call from a hardware store that may want to look at it. Multiple restaurants have also asked about it but the parking ratios and price have kept them from committing to anything. Bike stores have also shown interest in the location but again, it really comes down to price. Mounds View Business Council Beeman informed the commission that the next Mounds View Business Council meeting will be held at the Mermaid Event Center September 14 at 7:30 a.m. until 9:00 a.m. Since the Arden Hills and Shoreview Business Councils have had little interest, it was thought that combining them with the Mounds View Business Council would generation more attendees. For the first meeting, we wanted a topic that all of the cities could relate to. Therefore, the speaker will be a representative from Atalus, the Master Developer for the Rice Creek Commons development. For now we are calling it the North Metro Business Council until a better name is determined. After the featured speaker, the cities will talk about how they would like to proceed in future meetings and talk about the naming of the group. Helgemoe said it will be a good speaker and encouraged the Commissioners to attend.