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Mounds View City Council Work Session, April 5, 2021 26 <br />Owner: City <br />Address <br />Current Land Use Open Space <br />Zoning R-1 <br />Comp. Plan SF Detached <br />Opportunities <br />Multi-family, Townhomes, Single-family, relocate compost site <br />Constraints <br />Wetlands & Flood Plain. MnDNR considers this wetland area of <br />high value both for local and regional storm water filtration as <br />well as flood control <br />Staff Comments <br />High interest from multi-family developers for larger <br />townhome/apartment development, soil borings report & <br />development study completed several years ago, This area is <br />receiving higher inquiries from developers, City owns corner lot <br />and could purchase three additional lots if needed. Much <br />potential <br />City Participation? Yes, Housing <br />TIF, Infrastructure coordination <br />Why this <br />project matters