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08-13-2018
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08-13-2018
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Last modified
1/29/2025 9:16:00 AM
Creation date
5/14/2019 2:35:10 PM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
8/13/2018
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
8/13/2018
EDA Document Type
Council Packets
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<br /> Page 36 Nagell Appraisal Incorporated | 952.544.8966 <br />POTENTIAL DEVELOPMENT <br /> <br />The city provided the following site plans for the subject. The first is a 135-unit apartment building that <br />would occupy the entire site: <br /> <br /> <br /> <br />A breakdown of units was not available; however, it is likely there is a mixture of 1 -BR, 2-BR, and 3-BR <br />units. The implied density is about 35.5 units per acre. <br /> <br /> <br />This development would allow for a majority of the site to be used for structure and parking. The <br />apartments would be located along the three adjoining roads (Country Road H 2, Mounds View Boulevard, <br />and Edgewood Drive). <br /> <br /> <br />With this plan there is no potential for a commercial development. <br /> <br />A new public road would be constructed in the southwest corner from Edgewood Drive to Greenfield <br />Avenue. <br /> <br /> <br /> <br /> <br /> <br /> <br />
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