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Mounds View EDA October 24, 2005 <br />Regular Meeting Page 3 <br /> <br />owners who have agreed to sell the back half of their property. <br /> <br />Vice President Stigney asked about the difference in the number of houses. <br /> <br />Mr. Sweitzer reviewed there are 30 single-family homes with Concept A and this concept has 28 <br />single-family homes. The 28 homes includes an 8-unit condo building and 3-units of row <br />townhouses. <br /> <br />Economic Development Coordinator Backman advised that Concept A had a total of 124 units <br />and the revised concept now shows 84 units, so the number has been cut by one-third. <br /> <br />Commissioner Flaherty stated this concept is more attractive to him than Concept A due to the <br />lower density. He noted the two senior buildings at 42 units each with a nice sculpture garden. <br />He asked about the maintenance of the senior condo area. <br /> <br />Mr. Sweitzer stated that question could be answered by Cheryl Stinski of Skyline Builders who is <br />the developer but unable to attend tonight. <br /> <br />Ms. Hart stated it would be similar to any other condo association with fees that are competitive <br />to other associations. The senior condos would be owner occupied. <br /> <br />Economic Development Coordinator Backman asked about the project market value. <br /> <br />Ms. Hart stated they have not reviewed those numbers in depth but the condos will be in the area <br />of $200,000 and up. The private custom residential homes will be similar to or higher in dollar <br />value than the Hidden Hollow homes off County Road H2. <br /> <br />Vice President Stigney stated some of the Hidden Hollow homes are over $600,000. <br /> <br />Economic Development Coordinator Backman stated these homes will probably be in the range <br />of $350,000 to $500,000. <br /> <br />Ms. Hart concurred and explained they have not reviewed the numbers in detail because they do <br />not yet know how much land is available due to the wetland area. She pointed out three home <br />sites to the southeast of the wetland that may be of a higher value. <br /> <br />Commissioner Flaherty asked about access to the trail. Mr. Sweitzer pointed out the access <br />locations on the concept plan including the boardwalk through the wetland area. <br /> <br />Commissioner Gunn stated she finds this plan to be very attractive, much less intrusive, and <br />unique. She noted it blends in well and does not take over.