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City of Mounds View 12040 Comprehensive Plan <br />DRAFT November 26, 2019 <br />ANOKA COUNTY — BLAINE AIRPORT <br />The Anoka County -Blaine Airport is north and in proximity to Mounds View, <br />effecting certain land use regulations. Federal and state agencies have <br />established safety zones to ensure safety of aircraft operations. Land uses in <br />these zones must be consistent with FAA and MnDOT Aeronautics rules. For <br />more information regarding the Anoka County — Blaine Airport see Chapter 5: <br />Transportation. <br />POTENTIAL REDEVELOPMENT AREAS <br />Various underutilized sites have been identified in Mounds View that are prime <br />for redevelopment. Most of these sites are located along Mounds View <br />Boulevard, and in year 2019 take the form of vacant lots, vacant or <br />underutilized buildings, or oversized surface parking lots. Potential <br />redevelopment sites are listed in Table 2-3 and mapped in Figure 2-3. Such <br />sites may or may not be actively marketed for sale or lease by their owners. In <br />either case, the City markets such sites to inquiring developers and investors. <br />The City's Economic Development efforts are restricted by the following: <br />• Land that is prime for redevelopment, but whose owners are not <br />interested in selling, or have priced the property above market. <br />• Land in which the highest & best use would require demolition of its <br />building. The cost of the property (land + building) is too expensive <br />when considering the building has no reusable value. <br />• Lack of available properties, five or more acres in size. <br />• Lack of access onto Mounds View Boulevard. <br />Since the 2030 Comprehensive Plan update, the City has assisted private <br />redevelopment efforts through acquiring small adjacent properties and <br />assembling into a larger project area. The EDA's acquisition of property is <br />dependent upon adequate funding. Funding sources have varied, project by <br />project. <br />The EDA has and will consider Tax Increment Financing (TIF) and Tax <br />Abatement, as appropriate. <br />Table 2-3: Density on Redevelopment sites <br />Acres <br />2020 <br />Density Units <br />2030 <br />Acres Density Units <br />SF Det. <br />SF Att. <br />Multi-Fam <br />Manufactured <br />Mixed -Use <br />Non -Res. <br />Total <br />Ave. Density <br />22.75 <br />0.80 <br /><3.9 88 <br /><7 5 <br /><17.4 <br /><17.4 <br />64.08 <br />87.63 93 <br />27.47 <3.9 107 <br /><7 <br /><17.4 <br />23.29 <17.4 405 <br />36.87 <br />87.63 512 <br />1.06 du/acre <br />5.84 du/acre <br />2040 <br />Acres Density Units <br />27.47 <5 137 <br /><5 <br />5<15 <br /><8 <br />30.47 15<30 914 <br />29.69 0 <br />87.63 1051 <br />11.99 du/acre <br />The Mermaid Event Center <br />The Mermaid Lounge opened in 1966 <br />on the corner of Highway 10 (now <br />Mounds View Boulevard) and County <br />Road H, featuring a 25 feet tall mermaid <br />statue. <br />The lounge has expanded to include a <br />bowling center, three event halls, and a <br />hotel. The property includes 9.3 acres, <br />and over 800 parking stalls. The <br />expansive parking lot allows the facility <br />to hold simultaneous events which <br />maximizes its capacity. <br />The property changed owners in 2018 <br />and looks forward to a new chapter at <br />this key intersection. This may include <br />redevelopment of portions of its parking <br />lot for a use complementary to its hotel <br />and event center, in addition to the <br />restoration of its iconic statue. <br />Chapter 2: Land Use 12-12 <br />