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2023 Economic Development Commission (EDC) Priorities <br />Amended and Revised by EDC February 16, 2023 <br /> <br /> <br />1) Redevelopment along the Mounds View Boulevard corridor: <br /> <br />a. Improve the aesthetics of properties located on Mounds View Boulevard- <br />(Public Works and Comm Dev. Depts. Working together on a phased <br />improvement plan) <br />b. Silver View Plaza-(Owned by Krause Anderson no immediate plans) <br />c. Simon’s, & EDA-Owned Lot-(Local dentist is developing) <br />d. The Bear Lot & Adjacent Bio Life Lot-(Tied up in a REIT 30 mortgages) <br />e. Five lots along Mounds View Boulevard & Woodale Drive Lots Southeast of <br />Bel Rae-(Multiple multi-family developers inquiring, this is the highest and best <br />use) <br />f. Five lots west of The Boulevard Apartments-(Developers have inquired but <br />the three single-family homes are too costly. Ramsey County requires this to <br />be multi-family housing) <br />g. American National Bank Lot-(They are willing to split the lot a long as bank <br />and drive-thru remain) <br />h. Steve’s Appliances Redevelopment-(No immediate plans) <br />i. Retail mixed-use at the Movie Theater-(AMC has long-term lease until 2032, <br />new owners have talk about adding a new restaurant, considering a feasibility <br />study to determine highest and best use) <br />j. Mounds View Square <br /> <br />2) Monitor development plans for the Rice Creek Commons site in Arden Hills-(New <br />Arden Hills City Council is pro-development.) <br /> <br />3) Ardan Park Redevelopment Area: Consider purchasing additional lots including <br />rear lot & house with no city service connections and adjacent lots for a larger <br />housing redevelopment-(EDA acquired the house next to City lot along Longlake <br />Rd. EDA interviewed several developers who have shown interest in the area and <br />chose to work with Pulte Homes and Yard Homes for a townhome development <br />and smaller Yard Homes development) <br /> <br />4) Monitor Mounds View commercial properties in transition-(On-going, staff has an <br />updated list of redevelopment sites and properties) <br /> <br />5) Skyline redevelopment & Bauer Welding vacant lot-(Skyline’s “The Village at <br />Mounds View” affordable senior living project broke ground June 2022, may open <br />summer or fall of 2023. Bauer Welding may use their 2 acre lot for an expansion <br />project) <br /> <br /> <br />