05-13-2019 - Laserfiche WebLink

Home Browse Search

Mounds View EDA March 11, 2019 Regular Meeting Page 3 Ghylin explained an extended stay hotel was for visitors that were visiting for more than one 1 night, or perhaps those visiting for a week at a time. 2 3 President Mueller questioned how many stories the hotel would be. Mr. Sowers reported he was 4 proposing to have a three-story hotel at this time with 80 units. 5 6 President Mueller suggested the hotel have a workout room, onsite restaurant and laundry 7 facilities. Mr. Ghylin indicated this would move the motel from a limited service hotel to a full-8 service hotel. Mr. Sowers reported the hotel would have laundry facilities and a workout room. 9 10 President Mueller asked who would be managing the hotel after the project was completed. Mr. 11 Sowers explained he would remain a general partner in the hotel and stated a third party would 12 oversee the management of the hotel. 13 14 President Mueller inquired if Mr. Sowers had any other commercial developments or hotels that 15 he had completed in the metro area. Mr. Sowers explained he had recently shifted his business 16 model from residential to commercial developments and noted this would be his first hotel 17 project. 18 19 President Mueller encouraged Mr. Sowers to speak with Steve Markuson from Twin Cities 20 Gateway. 21 22 Commissioner Meehlhause questioned how the zoning on this property could be changed. 23 Community Development Director Sevald discussed the process that would have to be followed 24 to rezone the property. 25 26 President Mueller thanked Mr. Sowers and Mr. Ghylin for their presentation. 27 28 B. Broker Fees Proposal – Keller Williams Real Estate. 29 30 Assistant City Administrator Beeman reported a representative from Keller Williams was present 31 to discuss broker fees for representing the EDA and the Skyline redevelopment site. 32 33 Greg Rance, Keller Williams, explained his company would like to represent the City for the 34 marketing and sale of the Skyline Motel property. He discussed the background of his company 35 and reported Keller Williams was an award-winning establishment. He described how Keller 36 Williams could market the property in order to achieve the highest and best use for the site. 37 38 President Mueller asked what the next steps would be for Keller Williams. Mr. Rance stated he 39 would like the EDA to define the highest and best use for the site prior to Keller Williams 40 marketing the property. He commented medical tech and medical manufacturing would be great 41 uses for this site. 42