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City of Mounds View | 2040 Comprehensive Plan DRAFT April 17May 8, 2019 Chapter 2: Land Use | 2-13 ANOKA COUNTY – BLAINE AIRPORT The Anoka County-Blaine Airport is north and in proximity to Mounds View, effecting certain land use regulations. Federal and state agencies have established safety zones to ensure safety of aircraft operations. Land uses in these zones must be consistent with FAA and MnDOT Aeronautics rules. The Anoka County – Blaine Airport will be discussed further in Chapter 5: Transportation. POTENTIAL REDEVELOPMENT AREAS Various underutilized sites have been identified in Mounds View that are prime for redevelopment. Most of these sites are located along Mounds View Boulevard and currently (2019) take the form of vacant lots, vacant or underutilized buildings, or oversized surface parking lots. Potential redevelopment sites are mapped in Figure 2-3. Such sites may or may not be actively marketed for sale or lease by their owners. In either case, the City markets such sites to inquiring developers and investors. The City’s Economic Development efforts are restricted by the following: • Land that is prime for redevelopment, but whose owners are not interested in selling, or have priced the property above market. • Land in which the highest & best use would require demolition of its building. The cost of the property (land + building) is too expensive when considering the building has no reusable value. • Lack of available properties, five or more acres in size. • Lack of access onto Mounds View Boulevard. Since the 2030 Comprehensive Plan update, the City has assisted private redevelopment efforts through acquiring small adjacent properties and assembling into a larger project area. The EDA’s acquisition of property is dependent upon adequate funding. Funding sources have varied, project by project. The EDA has and will consider Tax Increment Financing (TIF) and Tax Abatement, as appropriate. Table 2-3: Redevelopment Density 2020 2030 2040 Acres Density Units Acres Density Units Acres Density Units Pending Map Changes The Mermaid Event Center The Mermaid Lounge opened in 1966 on the corner of Highway 10 (now Mounds View Boulevard) and County Road H, featuring a 25’ tall mermaid statue. The lounge has expanded to include a bowling center, three event halls, and a hotel. The property includes 9.3 acres, and over 800 parking stalls. The expansive parking lot allows the facility to hold simultaneous events, maximizing its capacity. The property changed owners in 2018 and looks forward to a new chapter at this key corner. This may include redevelopment of portions of its parking lot for a use complementary to its hotel and event center, in addition to the restoration of its iconic statue.