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LOC <br />CONSULTING <br />April 24, 2023 <br />Jon Sevald <br />Community Development Director <br />City of Mounds View <br />2401 Mounds View Boulevard <br />Mounds View, Minnesota 55112 <br />Dear Mr. Sevald: <br />LOCI Consulting LLC <br />288 Macalester Street <br />Saint Paul, Minnesota 55105 <br />651-888-8464 <br />grantCcDlociconsult.com <br />I am pleased to present an outline of the services LOCI Consulting LLC will provide the City of Mounds View <br />("Client"). If it meets with your approval, this letter will serve as our agreement. <br />The City of Mounds View is facilitating a concept plan for the potential redevelopment of Mounds View <br />Square shopping center and the adjacent Sunrise Methodist Church. The city will be using a grant received <br />from Ramsey County, as part of the county's Critical Corridors program. As part of the concept plan, the city <br />wants a market study to inform development planning and to ensure that the final design concept is well <br />positioned relative to market demand for retail and other uses. <br />Scope of Services <br />Site Analysis <br />Complete site analysis of Mounds View Square shopping center and the adjacent Sunrise Methodist <br />Church, examining and discussing the following attributes: <br />• Visibility <br />• Access to the site <br />• Quality of transportation corridor(s) <br />• Adjacent uses <br />• Proximity to key demand drivers <br />Provide traffic counts at key intersections. <br />Discuss potential uses at the site based on the analysis. <br />Demographic and Economic Data <br />1. Define primary market area for restaurant and retail, rental apartments, and senior housing at the <br />site. <br />Provide map(s) of primary market area(s). <br />Gather and summarize key demographic and economic data: <br />• Total population and number of households, 2022 and 2027 (data for 2022 are estimated <br />and data for 2027 are forecasted) <br />• Income by age of householder, 2022 and 2027 <br />Homeownership by age of householder, 2020 <br />