HomeMy WebLinkAbout05-22-1997 ECONOMIC DEVELOPMENT COMMISSION AGENDA
• MAY 22, 1997
7:30 A.M.
MOUNDS VIEW CITY HALL
COUNCIL CHAMBERS
1. CALL TO ORDER /'�) P.M.
2. ROLL CALL (Present = P, Absent = A)
Carlson Schmidt
Goff Sjoberg
ti.. Nelson Welsch
Bennett (Staff) I- McCarty (EDA Liaison
Quick (EDA Alternate Liaison)
3. APPROVE EDC MINUTES
410 April 24, 1997
Action: Motion
Second
Vote
4. SPECIAL BUSINESS
No Special Business
5. EDC BUSINESS
A. Discussion of Participation in the Business of the Year Luncheon
- : r-
B. Development\Redevelopment in Mounds View
Lease Vacancies - MV Business Park, MV Square, Silver View Plaza
� k Building N - Mounds View Business Park
Theater Project - O'Neil Property
e 1„ it Jones/VVinnieki Property Proposal - � "r �`
MSP Real Estate Rehab/Townhome Development
Mounds View Community Center f �
7i) ;/
T �, y �''{ k f cc '.f C(pt.
o- �;. r ���^.. u v
C. Update on the U of M Metropolitan Livable Communities Design Course
1 j s ,, r) 1,1,r, "r r_.cu) ✓s Ct -I i) Iv-" - '1C, I vim,- r...-- ' �,
D. Mounds View Flood Relief Golf Tournament r
( ( 1,-0,
E. EDC Resident Member Vacancy -, -u;,,__ •,/ ,�. '7_, ,.,-i I, ',,,,_
o..,, I-Y 4 `,U --
6. Report of Commissioners, Staff and EDA Liaison
7. ADJOURN • r' / P.M.
Next Regular Meeting June 26, 1997
•
•
Minutes of the Economic Development Commission
City of Mounds View
• Ramsey County, Minnesota
Regular Meeting
April 24, 1997
City of Mounds View, Council Chambers
2401 Highway 10, Mounds View, MN 55112
1. Call to Order:
The meeting was called to order at 7:35 a.m. by Chairperson, Dan Nelson.
2. Roll Call:
Members present were as follows: Cindy Carlson, Rosemary Goff, Dan Nelson, Ron Schmidt, Brian
Sjoberg and Delane Welsch. Member Bev Tarhark was absent. Dir. of Economic Development Cathy
Bennett was present. EDA Liaison Duane McCarty and Alternate Liaison Gary Quick were absent
3. Approval Of Minutes:
Motion/Second: Goff/Schmidt moved approval of Minutes from March 27, 1997.
Motion Carried 5 ayes 0 nays
4. Special Business
No Special Business.
5. EDC BUSINESS
A. Discussion of Revised Housing Replacement Program
Bennett explained the amendments to the Housing Replacement Program.- Staff
restructured language to make the program clearer to the reader and a section was
added to allow the granting of demolition funds for a home owners wanting to replace
their existing home with a newer higher valued home.
Commissioners felt that the addition of the demolition provision would be just as
effective in achieving the goals of the program and would also save the City money.
Motion/Second: Carlson/Sjoberg moved approval of amendments to the Housing Replacement
Program.
Motion Carried 6 ayes 0 nays
•
B. Discussion of Proposals for City Owned Property on Highway 10 located in Section 9 of
the Highway 10 Redevelopment Plan
• Bennett explained that MSP Real Estate, the developers of the Silver Lake Pointe Senior
Apartments, are interested in the rehabilitation of Red Oak Apartments and the
construction on 26 new townhomes at the corner of Eastwood and Highway 10. The
City EDA owns approximately .6 acres located on the corner of Highway 10 and
Eastwood. All of the units are proposed as affordable housing. MSP is applying for TIF
assistance, MHFA Tax Credits, Ramsey County Home Funds and Minneapolis Public
Housing Assistance through the Holman Decree. Bennett asked the EDC to review how
the project impacts the City's goal for commercial development in the area and a desire
for no new rental housing.
Chairman Nelson noted concerns with additional rental housing in Mounds View. He
would like to see owner occupied units along with the rehabilitation of Red Oak. Jeff
Huggett explained that they looked at the financial feasibility of owner occupied units
in the area and that they could sell for an estimated $85,000 per unit but that with the
huge financial burden of the rehab and the loss of holman funds and tax credits on the
for sale units that they would need an estimated $30,000 per unit subsidy for the
project. Nelson noted that the rehab is very needed as those apartments have been
deteriorating for many years. He supports the rehab but stressed strong management
of the units. If the City assists in the financing he would like to see City approval for
management changes written into the development assistance agreement.
Commissioner Carlson noted that the SRF study recommended that the best use for the
property was housing rather than commercial development due to the access. She
understands that this would not be a great location to develop for-sale units. Carlson
• noted that this plan has merit but that there needs to be fine tuning. In addition,
Carlson felt that the financing structure needs to be reviewed more closely. She felt
that there was too much subsidy and not enough equity in the project and that the
developer fee was too high. Therefore she could recommend that the use is appropriate
but the financing needs work.
Commissioner Goff would like to explore other commercial options and wondered if
staff had more information regarding the commercial interest. Bennett noted that she
spoke to the owner of Mounds View Animal Hospital. They are interested in the site
but access off of Highway 10 is critical. They are also looking at building on the South
side of 10 next to TJB Homes. Bennett contacted the owner of a funeral home in
Minneapolis who had an interest in the property but has not heard back from them.
Both potential commercial users were only interested in the City property.
Commissioner Sjoberg asked MSP why they were interested in this site. Jeff Huggett
explained that they were contacted by SRF Consulting since they are the owner of Silver
Lake Pointe Apts. In evaluating the purposes of the study they felt that since they have
expertise in improving distressed properties and they already own property in the area
that this would be a good project to pursue. They have an interest in improving
Mounds View to keep their existing investment healthy. This is a complicated
financing deal with a lot of risk but they have the expertise to make it work and be
successful. They have a waiting list at Silver Lake Pointe Apts. and believe they can
capture part of that market with the rehab and the construction of the new units.
Commissioner Welsch supports the concept. He believes that there is a larger gap
between lower and higher incomes these days and that affordable housing can be very
nice and respectable. There is more and more of a demand for this housing as the gap
continues to increase. He would like to see assurances that if the new housing is 't
approved that the rehab also continues and that it would not be allowed to deteriorate.
Motion/Second: Carlson/Welsch moved to support the general concept of the development as
it pertains to the rehabilitation of Red Oak Apartments and the construction of 26 new
townhomes but that there is a lack of financial information and analysis to support a
recommendation for tax increment financing assistance at this time.
Motion Carried 6 ayes 0 nays
Staff was directed to provide more financial information and analysis and more
information regarding the management company.
C. Update on the U of M Metropolitan Livable Communities Design Center Course.
Community Development Director Pam Sheldon gave a brief update regarding the two
classes. The first class presented an overview of course objectives and each
community's focus issue. We learned that our perceived challenges with regards to a
plan for Highway 10 can be overcome. Sheldon described the second class which
focused on Highway 10's function as a transit corridor. An expert transportation
planner, Robert Kulash, described the tunnel vision of traffic engineers regarding the
movement of traffic rather than looking at enhancing the drive along a highway and
ways to encourage lower speed without even changing the speed limit. She noted that
there were many excellent opportunities for change along Highway 10 and that they are
• achievable. The goal should be to change Highway 10 from to a vehicle moving road to
a boulevard area that vehicles move through. The next class will be held again at City
Hall and a representative from the Design Center will bring a concept that would help
the community to move forward on a plan for the Highway 10 Corridor.
6. Reports From Chair, Commissioners and Staff:
No Reports
7. Adjournment
There being no further business before the Commission, this meeting of the Economic Development
Commission adjourned at 8:34 a.m.
Respectfully Submitted,
1&4AilAiLg—
Director of anomic Development
•
1
le. 1
Item No.
Staff Report No.
• Meeting Date: 5/19/97
Type of Business: Work Session
WK: Work Session;PH:Public Hearing;
CA:Consent Agenda;CB:Council Business
City of Mounds View Staff Report
To: Mayor and City Council
From: Pamela Sheldon,Community Development Director
Item Title/Subject: University of Minnesota-Mounds View Planning Study
Date of Report: May 15, 1997
Summary:
On March 3, 1997,the City Council indicated its consensus that the City of Mounds participate in
a design course offered by the University of Minnesota. The City received an invitation to be one
of four cities working together with the University's Design Center for the American Urban
Landscape to address issues affecting first ring suburbs. The focus for Mounds View is the
Highway 10 corridor. So far, six classes have been held. The seventh and final class will be held
on Tuesday,May 20.
Discussion:
• During the course of our discussions, several key ideas have emerged. These have included:
• At the present time,Highway 10 is designed as a 70-mile per hour road with a 200 foot
right-of-way, open visibility,and sweeping turns. It is no wonder that motorists drive 55-
60 miles per hour on this road.
• It is possible to tame Highway 10 and move it to the background by"narrowing"the feel of
the right-of-way through landscaping, lighting, and fencing,and by bringing uses up to the
highway edge.
• It is possible to tame Highway 10 by creating a local system of circulation that links
together activities without having to rely on Highway 10. These activities would form the
Village Center or"heart of Mounds View".
• Rather than focusing on Highway 10 (i.e. the roadway)as the issue, we need to focus on
what type of place we want to create in the heart of Mounds View.
• Based on the concepts expressed in past planning efforts in Mounds View,the participants
saw that the Village Center is a place where the natural environment(wetlands and
woodlands) come together with civic and commercial activities.
Bill Moorish,Director of the Design Center, prepared a number of sketches for the community
team to review. These sketches lead up to the idea of a creating a ring road or local road system on
the north and south side of Highway 10(see attached diagram). The ring road would use the
existing Mounds View Drive and extend across Long Lake Road through the O'Neil Property to an
intersection with Highway 10. This intersection would connect to Edgewood Drive which would
0 be re-aligned. The ring road along the north side of Highway 10 would connect City Hall,the
Community Center, City Hall Park and Mounds View Square Shopping Center. The sketch
prepared by Bill Moorish is a concept,and not a finished idea. It presents a way of organizing and
City of Mounds View Staff Report
May 15, 1997 .
1111
Page 2
connecting the City's commercial and civic center,and of creating a place in the heart of Mounds
View rather than the City continuing to be a pass-through community on a highway corridor.
There are a number of issues which would need to be addressed to move this idea forward. In
some cases, buildings are shown in different locations than where they are now located or are
planned. The community team felt the idea of creating a central place or Village Center through
establishing a ring road and organizing uses along it had considerable merit. The team is
suggesting that the City Council refer this idea to the Planning Commission,Economic
Development Commission and Parks&Recreation Commission for review and discussion before
holding one or more community forums on this idea. These discussions could address the
specifics of how this idea would be implemented.
In addition, one of the critical links in the ring road goes through the O'Neil property. The
advantage of the ring road concept is that it provides two access points to this property(one on
Long Lake Road and one on Highway 10 where a new intersection would be created with a
realignment of Edgewood). This approach to accessing the site would alleviate concerns about
traffic from the 16-screen movie theater having to make U-turns on Highway 10 or use County
Road H2.
The staff at the Design Center have talked with Ramsey County about this idea,and they were very
receptive. They see this design as a way to allow local traffic to circulate and reach its destination
• without using Highway 10. MnDOT has not yet been approached. Both the theater developer and
the City see a need to obtain a signalized intersection at the theater entrance, and we expect to
approach MnDOT very soon to discuss creating such an intersection. This concept of a ring road
could be very convincing in working with them on getting a signalized intersection.
Staff is asking that the City Council endorse the design concept for a ring road to the extent of
using this concept in working with Ramsey County and MnDOT to obtain a signalized intersection
connecting the movie theater entrance and Edgewood Drive.
Action Requested:
1. Direct staff to refer the design concept for a ring road developed through the University of
Minnesota Design Course to the Planning Commission,Economic Development
Commission,and Parks and Recreation Commission for review and comment.
2. Direct staff to work with the developer of the O'Neil property,Ramsey County and the
Minnesota Department of Transportation to obtain the necessary approvals for the City to
implement a ring road concept from Long Lake Road to Highway 10 through the O'Neil
property,and a signalized intersection at Edgewood and the theater entrance.
1 III
0 Pamela Sheldon, Community Development Director
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1. RESTAURANT BUILDING 4,000 \ 'N,‘.'2�t ` ' .�f,., MI)
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City of Mounds View
• Available Commercial & Industrial Parcels
patotemniguiDwitotaissom einimegozoniiitimais7aTouutoomptg
omm,:mcitiiitatummi.mgPhoae l�Io.
A The Everest Group Planned Unit Development. 6.89 acres land for
Rob Davidson 612-636-5500 build to suit
B1 The Everest Group Planned Unit Development 44,000 s.f.
Rob Davidson 612-636-5500 Building to lease
B2 The Everest Group Planned Unit Development 32,000 s.f.
Rob Davidson 612-636-5500 Building to lease
C Watson Investments Light Industrial 2.84 acres of land for
Doug Watson 612-920-4077 sale
D Kraus Anderson Limited Business (B-2) 1.62 acres land for sale
Joe Wistrom 612-305-2927
E D.W. Jones Development Limited Business (B-2) 11 acres land for
Dale Jones 218-647-3307 sale/build to suit
• F Dynex Industries Light Industrial 3,300 s.f. office for
Brian Sjoberg 612-784-4040 ease
Gi Wolf&Associates Light Industrial 18,313 s.f. mfg\office
Stephen Bray 612-924-4677 space on 2.4 acres for
sale
G2 Tyson Companies Light Industrial 3 acres land for
Tim Tyson 612-783-9999 sale/build to suit
H Spring Lake Park Realty R3,R4. City consider 1.3 acres land for sale
Clif Hereid rezoning for commercial.
612-784-3982
I City of Mounds View R3. City consider rezoning .74 acres land for sale
Cathy Bennett for commercial.
612-717-4002 .
J Bennet Cyrus Commercial (B-3) • 1.5 acres land of sale or
612-784-0560 build to suit
K Kunz Oil Company Commercial (B-3) .75 acres land\bldg -
Stan Krinsky 612-545-1111 Redevelopment site
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• Staff Memo
To: Economic Development Commission Members
From: Cathy Bennett, Director of Economic Development
Date: May 15, 1997
Subject: May 22, 1997 EDC Meeting Agenda Items
Attached is the agenda for the May 22, 1997 EDC meeting to be held at 7:30 a.m. at
City Hall. None of the items require a vote and are more for discussion and planning.
Therefore, I will briefly discuss each item in one memo as opposed to a memo for
each item.
Business of the Year Luncheon: The New Brighton/Mounds View Chamber of
Commerce Annual Business of the Year Luncheon will be held on June 5, 1997 at the
• NB Family Service Center. A MV business has been awarded the Business of the Year
for the first time and another MV Business won a Community Service Award. It
would be great to get strong MV attendance to show our support.
Development/Redevelopment in Mounds View - I will give a brief status report on
each one of these potential developments in Mounds View. In addition, I will provide
you with an update on the vacancy situation at MV Business Park, MV Square and
Silver view Plaza.
The Council will be meeting Monday evening to provide staff with direction regarding
developments resulting from the Design Class. I will update the EDC on that
direction. The last class will be Tuesday, May 20th.
The City is considering holding a Golf Tournament to raise funds for Cities severely
affected by the floods. I would like input and ideas on how to raise funds for this
event.
Bev Tarhark regrettably will not be able to serve as an EDC member anymore. Any
suggestions for a new resident member?
See everyone on Thursday morning. I know Delane is unable to make the meeting as
• he will be heading to sunny California. Call me if anyone else is unable to attend.
ECONOMIC DEVELOPMENT COMMISSION AGENDA
MAY 22, 1997 •
7:30 A.M.
MOUNDS VIEW CITY HALL
COUNCIL CHAMBERS
1. CALL TO ORDER P.M.
2. ROLL CALL (Present = P, Absent = A)
Carlson Schmidt
Goff _ Sjoberg
Nelson Welsch
Bennett (Staff) McCarty (EDA Liaison
Quick (EDA Alternate Liaison)
3. APPROVE EDC MINUTES •
April 24, 1997
Action: Motion
Second
Vote
4. SPECIAL BUSINESS
No Special Business
5. EDC BUSINESS
A. Discussion of Participation in the Business of the Year Luncheon
B. Development\Redevelopment in Mounds View
Lease Vacancies - MV Business Park, MV Square, Silver View Plaza
Building N - Mounds View Business Park
Theater Project - O'Neil Property
Jones/Winnieki Property Proposal •
MSP Real Estate Rehab/Townhome Development
Mounds View Community Center
C. Update on the U of M Metropolitan Livable Communities Design Course
• D. Mounds View Flood Relief Golf Tournament
E. EDC Resident Member Vacancy
6. Report of Commissioners, Staff and EDA Liaison
7. ADJOURN P.M.
Next Regular Meeting June 26, 1997
•
Minutes of the Economic Development Commission
City of Mounds View
Ramsey County, Minnesota •
Regular Meeting
April 24, 1997
City of Mounds View, Council Chambers
2401 Highway 10, Mounds View, MN 55112
1. Call to Order:
The meeting was called to order at 7:35 a.m. by Chairperson, Dan Nelson.
2. Roll Call:
Members present were as follows: Cindy Carlson, Rosemary Goff, Dan Nelson, Ron Schmidt, Brian
Sjoberg and Delane Welsch. Member Bev Tarhark was absent. Dir. of Economic Development Cathy
Bennett was present. EDA Liaison Duane McCarty and Alternate Liaison Gary Quick were absent
3. Approval Of Minutes:
Motion/Second: Goff/Schmidt moved approval of Minutes from March 27, 1997.
Motion Carried 5 ayes 0 nays •
4. Special Business
No Special Business.
5. EDC BUSINESS
A. Discussion of Revised Housing Replacement Program
Bennett explained the amendments to the Housing Replacement Program. Staff
restructured language to make the program clearer to the reader and a section was
added to allow the granting of demolition funds for a home owners wanting to replace
their existing home with a newer higher valued home.
Commissioners felt that the addition of the demolition provision would be just as
effective in achieving the goals of the program and would also save the City money.
Motion/Second: Carlson/Sjoberg moved approval of amendments to the Housing Replacement
Program.
Motion Carried 6 ayes 0 nays
•
B. Discussion of Proposals for City Owned Property on Highway 10 located in Section 9 of
the Highway 10 Redevelopment Plan
• Bennett explained that MSP Real Estate, the developers of the Silver Lake Pointe Senior
Apartments, are interested in the rehabilitation of Red Oak Apartments and the
construction on 26 new townhomes at the corner of Eastwood and Highway 10. The
City EDA owns approximately .6 acres located on the corner of Highway 10 and
Eastwood. All of the units are proposed as affordable housing. MSP is applying for TIF
assistance, MHFA Tax Credits, Ramsey County Home Funds and Minneapolis Public
Housing Assistance through the Holman Decree. Bennett asked the EDC to review how
the project impacts the City's goal for commercial development in the area and a desire
for no new rental housing.
Chairman Nelson noted concerns with additional rental housing in Mounds View. He
would like to see owner occupied units along with the rehabilitation of Red Oak. Jeff
Huggett explained that they looked at the financial feasibility of owner occupied units
in the area and that they could sell for an estimated $85,000 per unit but that with the
huge financial burden of the rehab and the loss of holman funds and tax credits on the
for sale units that they would need an estimated $30,000 per unit subsidy for the
project. Nelson noted that the rehab is very needed as those apartments have been
deteriorating for many years. He supports the rehab but stressed strong management
of the units. If the City assists in the financing he would like to see City approval for
management changes written into the development assistance agreement.
Commissioner Carlson noted that the SRF study recommended that the best use for the
property was housing rather than commercial development due to the access. She
41) understands that this would not be a great location to develop for-sale units. Carlson
noted that this plan has merit but that there needs to be fine tuning. In addition,
Carlson felt that the financing structure needs to be reviewed more closely. She felt
that there was too much subsidy and not enough equity in the project and that the
developer fee was too high. Therefore she could recommend that the use is appropriate
but the financing needs work.
Commissioner Goff would like to explore other commercial options and wondered if
staff had more information regarding the commercial interest. Bennett noted that she
spoke to the owner of Mounds View Animal Hospital. They are interested in the site
but access off of Highway 10 is critical. They are also looking at building on the South
side of 10 next to TJB Homes. Bennett contacted the owner of a funeral home in
Minneapolis who had an interest in the property but has not heard back from them.
Both potential commercial users were only interested in the City property.
Commissioner Sjoberg asked MSP why they were interested in this site. Jeff Huggett
explained that they were contacted by SRF Consulting since they are the owner of Silver
Lake Pointe Apts. In evaluating the purposes of the study they felt that since they have
expertise in improving distressed properties and they already own property in the area
that this would be a good project to pursue. They have an interest in improving
Mounds View to keep their existing investment healthy. This is a complicated
financing deal with a lot of risk but they have the expertise to make it work and be
successful. They have a waiting list at Silver Lake Pointe Apts. and believe they can
capture part of that market with the rehab and the construction of the new units.
I
Commissioner Welsch supports the concept. He believes that there is a larger gap
between lower and higher incomes these days and that affordable housing can be very
nice and respectable. There is more and more of a demand for this housing as the gap
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continues to increase. He would like to see assurances that if the new housing is
approved that the rehab also continues and that it would not be allowed to deteriorate.
Motion/Second: Carlson/Welsch moved to support the general concept of the development as
it pertains to the rehabilitation of Red Oak Apartments and the construction of 26 new
townhomes but that there is a lack of financial information and analysis to support a
recommendation for tax increment financing assistance at this time.
Motion Carried 6 ayes 0 nays
Staff was directed to provide more financial information and analysis and more
information regarding the management company.
C. Update on the U of M Metropolitan Livable Communities Design Center Course.
Community Development Director Pam Sheldon gave a brief update regarding the two
classes. The first class presented an overview of course objectives and each
community's focus issue. We learned that our perceived challenges with regards to a
plan for Highway 10 can be overcome. Sheldon described the second class which
focused on Highway 10's function as a transit corridor. An expert transportation
planner, Robert Kulash, described the tunnel vision of traffic engineers regarding the
movement of traffic rather than looking at enhancing the drive along a highway and
ways to encourage lower speed without even changing the speed limit. She noted that
there were many excellent opportunities for change along Highway 10 and that they are
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achievable. The goal should be to change Highway 10 from to a vehicle moving road to
a boulevard area that vehicles move through. The next class will be held again at City
Hall and a representative from the Design Center will bring a concept that would help
the community to move forward on a plan for the Highway 10 Corridor.
6. Reports From Chair, Commissioners and Staff:
No Reports
7. Adjournment
There being no further business before the Commission, this meeting of the Economic Development
Commission adjourned at 8:34 a.m.
Respectfully Submitted,
ig(-4A-4A-04—
Director of conomic Development
•
1
Minutes of the Economic Development Commission
City of Mounds View
• Ramsey County, Minnesota
Regular Meeting
May 22, 1997
City of Mounds View, Council Chambers
2401 Highway 10, Mounds View, MN 55112 •
1. Call to Order:
The meeting was called to order at 7:40 a.m. by Chairperson, Dan Nelson.
2. Roll Call:
Members Cindy Carlson, Rosemary Goff, Dan Nelson, Ron Schmidt and Brian Sjoberg were present.
Dir. of Economic Development Cathy Bennett was present. Member Delane Welsch, EDA Liaison
Duane McCarty and Alternate Liaison Gary Quick were absent
3. Approval Of Minutes:
Motion/Second: Carlson/Goff moved approval of Minutes from April 24, 1997.
11111 Motion Carried 5 ayes 0 nays
4. Special Business
No Special Business.
5. EDC BUSINESS
A. Discussion of Participation in the Business of the Year Luncheon
The New Brighton/Mounds View Area Chamber of Commerce Annual Business of the
Year Luncheon is on June 5, 1997 at the New Brighton Family Service Center. Bennett
encouraged EDC members to attend and support Mounds View Businesses. This year
Mounds View businesses are recipients of the Business of the Year and Community
Service Awards.
B. Status Report on Development/Redevelopment in Mounds View
Bennett gave a report on the status of development and redevelopment projects in
Mounds View.
Lease Vacancies:
1. Mounds View Business Park currently has 44,000 sq.ft. and 32,000 sq.ft.
• of manufacturing/warehouse space available in Building H and A. In
l
addition, there is approximately 80,000 - 100,0000 sq. ft. in Building G
that is available for sublease from Onan Corporation.
• 2. Moundsview Square still is trying to lease the Bridgeman's Building and
approximately 10,000 sq.ft. of retail space. The Sportsman's Guide will
be opening in August in the space where the grocery store used to be.
3. Silverview Plaza has approximately 9,500 sq.ft. of retail space available.
Building N: Bennett reported that she still continues to try and put together a
development agreement for the construction of Building N in the Mounds View
Business Park. Bennett will be collecting a deposit from Everest to continue
negotiations.
Theater Project: The Council approved the rezoning to a PUD of the O'Neil
Property for the development of a 16-screen movie theater and 3 office buildings.
In addition, the general concept plan and amendment to the Comprehensive
Plan was approved. Staff will be working in partnership with the developer to
achieve a local circulator road through the project and a signalized intersection.
Jones/Winnieki Property: The applicants for the Jones/Winnieki property are
working on design elements and traffic study to be considered prior to the final
vote for a PUD rezoning. The concept plan and amendment to the
Comprehensive Plan were approved. It is anticipated that this project will
request tax increment assistance but no application has been received.
Silver Lake Commons Apartment Project: MSP Real Estate held a neighborhood
meeting to discuss the project. Neighbors do not want access onto Eastwood.
The developers are modifying their plan to address some of the concerns and are
111/
expected to be submitting an application within the next week.
Mounds View Community Center: Remodeling of the existing building will begin
June 5th. Phase I will include the remodeling of space for the Children's Home
Society DayCare which is expected to move in August 15, 1997. Phase II is still
yet to be determined.
C. Update on the U of M Metropolitan Livable Communities Design Center Course.
Bennett presented a concept for a local circulator road(ring road) that was a result of the
Design Center Course with the U of M. The Ring Road concept creates a boulevard
through the O'Neil Property, through City Hall Property, Moundsview Square and
meeting with Mounds View Drive. Since the link through the O'Neil Property is critical
to the concept, staff will be working with the developers to achieve this link. When a
road alignment is achieved through the O'Neil Property, discussion of design, and the
remaining ring road alignment will come back to the EDC for review and comment.
D. Mounds View Flood Relief Golf Tournament
This item was removed from the agenda as the idea was canceled.
• E. EDC Member Vacancy
Bennett reported that Bev Tarhark is resigning from the commission as she is not able to
commit the time required. Suggestions were given for possible candidates to fill the vacancy.
III6. Reports From Chair, Commissioners and Staff:
No Reports
7. Adjournment
There being no further business before the Commission, this meeting of the Economic Development
Commission adjourned at 8:34 a.m.
Respectfully Submitted,
it 0 /40f
..., ....,
Director of .nomic Development
•
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