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Item No: 1 Meeting Date: June 5, 2000 Type of Business: WS WK: Work Session; PH: Public Hearing; CA: Consent Agenda; CB: Council Business City of Mounds View Staff Report To: Honorable Mayor & City Council From: James Ericson, Planner Item Title/Subject: Discussion Regarding the Proposed Walgreens Planned Unit Development at the Northeast corner of Edgewood Drive and Highway 10 Date of Report: June 1, 2000 Background: Bob Cunningham, representing Meridian Properties Redevelopment, LLC., doing business as TOLD Development Company, will present to the Council the draft plans for the redevelopment of the northeast corner of Edgewood Drive and Highway 10. The plans indicate the construction of a Walgreens Drugstore and a Culvers Restaurant. Discussion: The development proposal contemplates a swap of land between TOLD and the City. Simply put, the City would receive approximately 7.7 acres of the Midland Videen site in return for the City’s remnant parcel, which is approximately 2/3 of an acre. Of the 7.7 acres received by the City, approximately three acres are upland and potentially developable. Within the upland area, it would be proposed that the City’s stormwater pond would be relocated and resized to accommodate more runoff and to help reduce potential flooding that may occur downstream south of Highway 10. In addition to the relocated stormwater pond, the pond adjacent to the Community Center would be expanded to provide more of a community surface water management benefit. It is further proposed that the developer would construct a paved trail that would encircle the wetlands, connecting to both the Community Center and the proposed development. The 7.7 acres would be utilized as passive outdoor open space, preserving and enhancing the natural and scenic value of this wetland as well as to preserve the wildlife habitat and to improve the City’s surface water management system. In order for the Walgreens Planned Unit Development to proceed, the site would need to be replatted to create the two development parcels. In so doing, the Community Center would become one parcel, as would the City Hall / Public Works land. The wetlands would be platted as an outlot. In conjunction with the replatting, the right of ways for Edgewood Drive and Bronson Drive would be dedicated. In addition, the right of way for the original Edgewood Drive would be vacated and any utility easements vacated or relocated as needed. Planned Unit Developments necessitate public hearings at both the concept and development review stages of the process. Assuming the site plan is consistent with