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HomeMy WebLinkAbout02-16-2023 EDCCITY OF MOUNDS VIEW ECONOMIC DEVELOPMENT COMMISSION AGENDA MOUNDS VIEW CITY HALL THURSDAY, February 16, 2023 7:30 a.m. 1. CALL TO ORDER 2. ROLL CALL Commissioners: Chair, Jeff Moritko, Jim Freichels, Jason Helgemoe, Gary Stevenson, Gary Rundle, Donn Lindstrom, Andrina Moe City Staff: Brian Beeman, Assistant City Administrator 3. APPROVAL OF THE AGENDA 4. APPROVE MINUTES A. January 19, 2023 5. EDC BUSINESS A. Review 2022 EDC Priorities B. Review Bylaws 6. REPORTS A. Reports of Staff a. Brian Beeman b. Nyle Zikmund-Sewer Study & Community Center Update B. Reports of Council Members C. Reports of EDC Commissioners 8. NEXT REGULAR EDC MEETING – March 16, 2023 As-needed until November 2023 9. ADJOURNMENT Minutes of the Economic Development Commission City of Mounds View Ramsey County, Minnesota Regular Meeting November 17, 2022 City of Mounds View, Council Chambers 2401 County Road 10, Mounds View, MN 55112 1. CALL TO ORDER Chair Jim Freichels called the meeting to order at approximately 7:30 a.m. 2. OATH OF OFFICE Assistant City Administrator, Brian Beeman conduced the oath of office for Gary Rundle and Andrina Moe 3. ROLL CALL Members Present: Chair, Jim Freichels, Commissioners, Gary Stevenson, Gary Rundle, Jeff Moritko, Donn Lindstrom, Jason Helgemoe, & Andrina Moe Members Absent: None Staff Present: Assistant City Administrator, Brian Beeman Meeting Attendees: Gary Meehlhause 3. APPROVAL OF JANUARY 19, 2023 AGENDA Motion/Second: Commissioner Rundle moved and Commissioner Stevenson seconded the approval of the January 19, 2023 EDC agenda. Motion Carried: 7 Ayes, 0 Nays 4. APPROVAL OF JANUARY 19, 2023 EDC MINUTES Motion/Second: Commissioner Rundle moved and Commissioner Moritko seconded the approval of the November 17, 2022 minutes. Motion Carried: 7 Ayes, 0 Nays 5. EDC BUSINESS Recommend EDC Chairperson and Vice Chairperson: Motion/Second: Commissioner Stevenson moved and Commissioner Helgemoe seconded the motion to recommend Jeff Moritko to Chair and Jim Freichels as Vice Chair for 2023. The EDA will consider the Chair recommendation at its January 23, 2023 regular meeting. Motion Carried: 7 Ayes, 0 Nays Discuss Future Topics & Presentations: EDC Minutes January 19, 2023 Page 2 of 2 The Commission, by consensus agreed to a list of possible topics that could be considered for 2023. Those topics include: 1. Storewater study & HOPPs program update, 2. Community Center expansion & Blaine Sports Center representative update, and 3. A discussion around Mounds View Boulevard and its redevelopment opportunities. 6. REPORTS OF STAFF Assistant City Administrator Beeman provided an update on approximately a dozen projects happening within the city and informed the Commission of the upcoming March 8 Mounds View Business Council meeting starting at 8:00 a.m. at the Mounds View Community Center. The Commission suggested that maybe the potential Mounds View Square redevelopment study could include an option where City Hall would relocate to Mounds View Square in a similar situation like the City of Columbia Heights has done and/or moving Kusina Filipino Village and coming up with a similar concept to the Asian Market in Edina. 7. REPORTS OF CITY COUNCIL MEMBERS Council Member Meehlhause provided an update on the potential Community Center expansion. 8. REPORTS OF COMMISSIONERS Commissioner Helgemoe encouraged the EDC to attend the upcoming Twin Cities North Chamber of Commerce Gala. 9. NEXT REGULAR EDC MEETING Chair Freichels reminded the Commission that the next meeting will be held February 16, 2023. 11. ADJOURN There being no further business, Chair Freichels adjourned the January 19, 2023 meeting at approximately 8:35 a.m. Respectfully submitted, _______________________________ Brian Beeman Assistant City Administrator Item #: 5A Meeting Date: February 16, 2023 Type of Business: EDC City of Mounds View Staff Report To: Economic Development Commission From: Brian Beeman, Assistant City Administrator Item Title/Subject: Review EDC’s 2023 Economic Development Commission Priorities Background Annually, the EDC reviews the priorities for the upcoming year. At the EDC’s meeting February 17, 2022 the Commission reviewed the priorities from the previous year. For the most part, the adopted priorities for 2022 remained unchanged. Discussion As amended and revised at the February 2022 meeting, the following represents the EDC’s priorities for 2022: 1. Redevelopment along the Mounds View Boulevard corridor a) Improve the aesthetics of properties located on Mounds View Boulevard (Public Works and Comm Dev. Depts. Working on a phased improvement plan) b) Silver View Plaza (Owned by Krause Anderson no immediate plans) c) Simon’s & EDA-Owned Vacant Lot (Local dentist is developing) d) Rydell Auto & Adjacent Bio Life Lot (Tied up in a REIT, 30 mortgages) e) 5 lots along Mounds View Boulevard & Woodale Drive lots Southeast of Bel Rae (Multiple multi- family developers looking at it. City Council turned down December 2022) f) 5 lots west of MWF Boulevard Apartments (Ramsey County requires this to be a multi-family redevelopment project) g) Western Bank Lot (They are willing to split the lot as long as bank and drive-thru remain) h) Steve’s Appliances Redevelopment (No immediate plans) i) Retail mixed-use at the Movie Theater (AMC has long-term lease until 2032, new owners have talked about adding a new restaurant) 2. Monitor development plans for the Rice Creek Commons site in Arden Hills 3. Arden Park & EDA owned lot, Consider purchasing rear lot & house with no city service connections and adjacent lots for a housing redevelopment 4. Monitor Mounds View commercial properties in transition (On-going, staff has an updated list of redevelopment sites and properties) 5. Skyline Motel Redevelopment & Bauer Welding vacant lot (Skyline’s “The Village at Mounds View” affordable senior living project will break ground June 2022, multiple prospects have been sent to Bauer Welding with no success) 6. Monitor and assist with Citywide housing issues and projects & older properties as well as cooperating with residential property owners to assist with upgrading facilities (Increased code enforcement, EDA taking note of older homes that need to be taken down, City and Ramsey County have fix-up loan programs for homeowners, addressing absentee landlords is a new 2023-25 Strategic Plan Goal) 7. Monitor & explore new business categories through trade groups like Medical Alley and identify available spaces in Mounds View with the intent to fill those spaces with new companies 8. Continue business retention & expansion program 9. Snap Market Redevelopment Recommendation Staff recommends that the EDC review its adopted 2022 priorities as a means to consider possible changes for 2023. A list of suggested changes is attached. Respectfully submitted, ____________________________ Brian Beeman Assistant City Administrator Attachments: 1) Example 2023 Priorities 2023 Economic Development Commission (EDC) Priorities Anticipated Amended and Revised by EDC February 16, 2023 1) Redevelopment along the Mounds View Boulevard corridor: a) Improve the aesthetics of properties located on Mounds View Boulevard-(Public Works and Comm Dev. Depts. Working together on a phased improvement plan) b) Silver View Plaza-(Owned by Krause Anderson no immediate plans) c) Simon’s, & EDA-Owned Lot-(Local dentist is developing) d) Rydell Auto & Adjacent Bio Life Lot-(Tied up in a REIT 30 mortgages) e) Five lots along Mounds View Boulevard & Woodale Drive Lots Southeast of Bel Rae-(Multiple multi-family developers inquiring, this is the highest and best use) f) Five lots west of The Boulevard Apartments-(Developers have inquired but the three single-family homes are too costly. Ramsey County requires this to be multi-family housing) g) Western Bank Lot-(They are willing to split the lot a long as bank and drive-thru remain) h) Steve’s Appliances Redevelopment-(No immediate plans) i) Retail mixed-use at the Movie Theater-(AMC has long-term lease until 2032, new owners have talk about adding a new restaurant, considering a feasibility study to determine highest and best use) 2) Monitor development plans for the Rice Creek Commons site in Arden Hills-(New Arden Hills City Council is pro-development.) 3) Ardan Park Redevelopment Area: Consider purchasing additional lots including rear lot & house with no city service connections and adjacent lots for a larger housing redevelopment-(EDA acquired the house next to City lot along Longlake Rd. EDA interviewed several developers who have shown interest in the area and chose to work with Pulte Homes and Yard Homes for a townhome development and smaller Yard Homes development) 4) Monitor Mounds View commercial properties in transition-(On-going, staff has an updated list of redevelopment sites and properties) 5) Skyline redevelopment & Bauer Welding vacant lot-(Skyline’s “The Village at Mounds View” affordable senior living project broke ground June 2022, may open summer or fall of 2023. Bauer Welding may use their 2 acre lot for an expansion project) 6) Monitor and assist with Citywide housing issues and projects & older properties as well as cooperating with residential property owners to assist with upgrading facilities-(Increased code enforcement, EDA taking note of older homes that need to be taken down, City and Ramsey County have fix-up loan programs for homeowners, Addressing absentee landlords is a new 2023-25 Strategic Plan Goal) 7) Monitor & explore new business categories through trade groups like Medical Alley and identify available spaces in Mounds View with the intent to fill those spaces with new companies-(Little has been accomplished in this area since the EDC Commissioner moved) 8) Continue business retention & expansion program-(BR&E program was halted during COVID pandemic shut-down, businesses are still swamped trying to find and hire employees and have no time to meet the City until the workforce issues are resolved) 9) Snap Market Redevelopment-(A new owner has moved into this space (Filipino Village) and seems to be doing well and has done some recent improvements with the City’s new Commercial Business Loan program) Item #: 5B Meeting Date: February 16, 2023 Type of Business: EDC City of Mounds View Staff Report To: Economic Development Commission From: Brian Beeman, Assistant City Administrator Item Title/Subject: Review Economic Development Commission Bylaws Background Section 408.07 of the City Code indicates that the EDC should review its Bylaws annually, and that this should be done at the first regular meeting in February. Subd. 6. Bylaws: The Commission shall adopt bylaws for its governance and for the transaction of its business. The bylaws will be reviewed on an annual basis at the first regular meeting in February. The EDC reviews its Bylaws annually. The last time the Bylaws were amended was November 21, 2019 to follow the City Code regarding meeting times. Staff Recommendation Please review the attached Bylaws. If any changes are needed, staff will prepare a resolution to formalize the amendment. Staff is not recommending any changes at this time. Respectfully submitted, ____________________________ Brian Beeman, Assistant City Administrator Attachments: 1) Current EDC Bylaws (Amended November 21, 2019) 2) Chapter 408 City Code EDC CITY OF MOUNDS VIEW ECONOMIC DEVELOPMENT COMMISSION BYLAWS I. AUTHORITY: These Bylaws are established in accordance with City Ordinance 408.07, Subdivision 6. "The Commission shall adopt bylaws for its governance and for the transaction of its business." There shall be no conflict between the Bylaws of this Commission and the provisions of the City Charter and the Municipal Code. II. MEETINGS. The regular meetings of the Commission shall be held in accordance with City Ordinance 408.07, Subdivision 2. “The Commission shall hold at least one (1) regular meeting each month at a time which the Commission shall fix by resolution.” Regular meetings may be changed, added or canceled by the chairperson or vice-chairperson. Special meetings may be added by the chairperson or vice-chairperson. A. The regular business meeting shall be for the purpose of making recommendations to the Economic Development Authority, herein EDA, conducting public hearings, drafting of reports, and for other discussion not requiring action (ie. vote) by the Commission. B. Meetings shall be conducted in accordance with State Open Meeting Laws. III. INFORMATIONAL PACKETS. Each commissioner shall receive an informational planning report for the items that are on the regular meeting agenda no later than the Tuesday preceding the regular meeting. Each commissioner is responsible for reviewing the material within the packet prior to the regular agenda meeting. IV. ATTENDANCE. Commission members shall advise the designated Staff member or chairperson of an anticipated absence from any regularly scheduled Economic Development Commission meeting. Any member attending less than eighty percent of the meetings per year without consent of the commission shall be deemed to have vacated the office, and EDC Bylaws Revised November 21 2019 2 such vacancy shall be filled by the EDA pursuant the Chapter 408.06 of the Municipal Code. A leave of absence may be granted by the consent of the commission. V. PROFESSIONAL CONSULTANTS. Advice from, consultation with, and/or requests for review by the City Attorney, Bond Attorney, City Engineer, City Planning Agency, or other paid consultants shall be in accordance with the Municipal Code. VI. ADJOURNMENT. Meetings shall adjourn on or before 90 minutes from the time of call to order unless a two-thirds majority of the members present agree to extend the time of adjournment. VII. MINUTES. Approved minutes shall be the official record of the Economic Development Commission. A. The minutes shall state: 1. The kind of meeting, whether regular business or special and the date, time and place. 2. Roll call of members present and whether absent members are excused or unexcused. 3. Corrections to and approval of the previous minutes and the vote taken. 4. Description of each item being discussed. 5. A motion and second is required for each action item and the motion shall be recorded as accurately as possible. 6. The vote on each motion (ayes, nays, and abstentions), a statement of reasons for nay votes or abstentions, and whether motion carries or fails. 7. Specific concerns addressed to the chairperson for inclusion in the minutes. 8. Reports by members. 9. Time for adjournment. 10. Signature of the Staff designated member. B. All minutes shall be clearly marked to indicate either "APPROVED" or "UNAPPROVED". Each commissioner shall receive a copy of the previous regular business meeting minutes "UNAPPROVED". Approved copies may be obtained EDC Bylaws Revised November 21 2019 3 upon request. A copy of the approved minutes shall be filed with the EDA Executive Director. VIII. LIAISON TO EDA. In the event of the absence of the EDA ex-officio member, a commission member may be appointed by the chairperson to represent the Economic Development Commission at the next regular EDA meeting. IX. POTENTIAL CONFLICT OF INTEREST. When a potential conflict of interest may exist for commission member or members, the member(s) shall ask to be excused and step down from the commission prior to discussion on that item. X. SUPPLEMENTARY PUBLICATIONS. All commission members shall receive a copy of the Municipal Code, Chapter 408, as well as other materials as provided by the EDA, Staff or other commission members. 408.01 408.02 (Rev. 6/94) City of Mounds View CHAPTER 408 ECONOMIC DEVELOPMENT COMMISSION SECTION: 408.01 : Establishment 408.02 : Purpose 408.03 : Composition, Members, Qualification of Members, Terms of Office 408.04: Conflict of Interest 408.05 : Compensation 408.06 : Vacancies 408.07 : Organization, Meetings 408.08 : Expenditures 408.09 : Duties of the Commission 408.01 : ESTABLISHMENT: The Economic Development Commission is hereby established. The Economic Development Commission is referred to herein as the “Commission”. (Ord. 542, 6-27-94) 408.02 : PURPOSE: The Commission shall serve as an advisory commission to the Economic Development Authority, hereinafter the “Authority”, on matters relating to fostering a positive economic climate, encouraging economic development and enhancing the tax base of the City. The Commission shall also make recommendations to the Authority regarding retention and expansion of existing businesses, attraction of desirable new businesses, redevelopment and rehabilitation opportunities, and other appropriate economic development strategies. (Ord. 542, 6-27-94) City of Mounds View 408.03 408.05 (Rev. 6/4) 408.03 : COMPOSITION, MEMBERS, QUALIFICATION OF MEMBERS, TERMS OF OFFICE: (Ord. 677, 2-12-01) The Commission shall be composed of seven (7) equal voting members, including three (3) business representatives and four (4) residents, appointed by the Authority Board of Commissioners based on the recommendation of the Economic Development Commission, from the applications submitted. Members shall have diverse qualifications with practical experience consisting of, not limited to, but including one (1) of the following areas: economics, finance, accounting, real estate, social services and marketing. For the purpose of initiating the Commission, the terms of all members shall expire December 31, 1994. (Amended, Ord. 741, 6-28-04) Beginning January 1995, three (3) members shall serve a one (1) year term, two (2) members shall serve two (2) year terms and (2) members shall serve three (3) year terms. Thereafter, members shall serve three (3) year staggered terms, with terms expiring December 31 of each year. At least two (2) of these terms, but not more than three (3) terms shall expire each year. The appointees shall be duly sworn and take office at the first regular meeting of the Commission in the month of January each year. Both original and successive appointees shall hold their offices until their successors are appointed and qualified. (Ord. 546, 7-25-94; Ord. 677, 2-12-01) 408.04 : CONFLICT OF INTEREST: No person shall be appointed with private or personal interest likely to conflict with the general public interest. If any person appointed shall find that their private or personal interests are involved in any matter coming before the Commission, they shall disqualify themselves from taking part in action on the matter; alternatively, they may be disqualified by a two-thirds (2/3) majority vote of the Commissioners in attendance. (Ord. 542, 6-27-94) 408.05 : COMPENSATION: Members of the Commission shall serve without compensation. (Ord. 542, 6-27-94) City of Mounds View 408.06 408.07 (Rev. 5/10) 408.06 : VACANCIES: Subd. 1. Termination of Appointment: Any Commission member designing to terminate their appointment to the Commissioner before the expiration of their term shall give written notification to the Commission chairperson of their intentions. It should be the duty of the chairperson of the Commission to notify the Authority promptly of any vacancies. The Authority president, with approval of a majority of the Authority Board of Commissioners, shall appoint a new member from applications received for the unfulfilled portion of the term. Subd. 2. Removal from Office: Any member of the Commission may be removed from office for just cause and on written charges by at least four-fifths (4/5) of the entire Authority. Such member may be entitled to a public hearing before such a vote is taken. An appointed member may also be removed by the Authority for nonattendance at Commission meetings if a Commissioner is absent from five (5) regularly scheduled meetings per year or from three (3) consecutive meetings, without the consent of the Commission. (Ord. 542, 6-27-94) 408.07 : ORGANIZATION, MEETINGS: Subd. 1. Organization: At the first regular meeting of the year, the Commission shall appoint a chairperson from among its voting members. This appointment shall be subject to Authority approval and shall consist of a one (1) year term. The position of chair shall rotate among members, with no Commissioner serving in that capacity for more than two (2) consecutive terms. The Commission shall also elect a vice-chair from among its appointed members for a term of one (1) year. The Commission may create and fill such other offices from its members as it may determine to transact Commission business. Subd. 2. Regular Meetings: The Commission shall hold at least one (1) regular meeting as- needed each month at a time which the Commission shall fix by resolution. Subd. 3. Special Meetings: Special meetings may be called by the chairperson or by any two (2) members of the Commission by a written notice filed with the City Administrator who then shall notify all members of the Commission of the time and date of the special meeting, at least three (3) days before the meeting date. (Amended, Ord. 844, 5-20-10) Subd. 4. Quorum: A majority of the appointed voting Commission members shall constitute a quorum. Subd. 5. Voting Privileges: Each of the appointed members shall have equal voting privileges. City of Mounds View 408.07 408.09 (Rev. 6/94) Subd. 6. Bylaws: The Commission shall adopt bylaws for its governance and for the transaction of its business. The bylaws will be reviewed on an annual basis at the first regular meeting in February. Subd. 7. Records: A recording secretary shall keep a record of attendance at Commission meetings, a record of resolutions and votes and abstentions on each question requiring a vote. The record of the Commission shall be a public record. Subd. 8. Report: The Authority may request an annual report from the Commission without having received consent of its content by a majority of the Commission members at a regular or special meeting of the Commission. (Ord. 542, 6-27-94) 408.08 : EXPENDITURES: The Commission may request from the Authority such funds as may be necessary and proper for the conduct of its duties. (Ord. 542, 6-27-94) 408.09 : DUTIES OF THE COMMISSION: In order to carry on its purpose, the Commission shall: Subd. 1. Confer with and advise the Authority on all matters concerning the industrial and commercial development and redevelopment of the City. Subd. 2. Publicize, with the consent of the Authority, the industrial and commercial advantages and opportunities of the City. Subd. 3. Collect data and information as to the type of industries and commerce best suited to the City. Subd. 4. Survey the overall condition of the City from the standpoint of determining whether the City has a community climate for industry and to determine the general receptiveness of the City of particular types of industry. Subd. 5. Publicize information as to the general advantages of industrial and commercial development and redevelopment in a community. Subd. 6. Cooperate with all industries and businesses in the City and in the solution of any community problems which they may have, and to encourage the expansion, development and management of such industries and business so as to promote the general welfare of the City. Subd. 7. Coordinate the Economic Development activities of the various groups active in the City. City of Mounds View 408.09 408.09 Subd. 8. Recommend zoning changes and development of areas suitable for industrial and commercial development and redevelopment to the Planning Commission. Subd. 9. Develop, compile, coordinate and publicize information such as, but not limited to the following: a. Existing industrial and commercial concerns within the City, their addresses, types of business, number of employees and whether each serves local, regional or national markets. b. Available industrial and commercial sites including number of acres and square footage, approximate price, existing zoning and proximity to highways. c. Available buildings for industrial and commercial operations, including type of buildings, number of square feet, existing zoning and proximity to highways. d. Transportation facilities, including railroads, motor carriers, water transportation, air transportation and highway facilities that serve the area. e. Electric power available. f. Fuels available for industrial and commercial use. g. Sewage disposal facilities. h. Water supply facilities. i. Community facilities such as fire, police and educational. j. Recreational facilities. k. Going wage rate in the City for the trades, skilled and semi-skilled and white collar workers. l. Availability of labor. m. General community attitude toward industrial and commercial expansion, development, redevelopment and attraction. n. Experience and programs of surrounding communities in regards to industrial and commercial expansion, development, redevelopment and attraction. o. Financial and technical resources available to new and existing businesses at the local, County, State and national levels for economic expansion and vitality. City of Mounds View 408.09 408.09 (Rev. 6/94) Subd. 10. Recommend Authority and Planning Commission policies and particular actions in regards to industrial and commercial expansion development, redevelopment and attraction. Subd. 11. Cooperate with and use the services of the Minnesota Department of Trade and Economic Development, Minnesota Housing Finance Authority and any other organizations at the national, State, County and local levels that are deemed conducive to the overall vitality of the City. Subd. 12. The Commission shall have the power to appoint task forces of a size and nature it may deem necessary and may enlist the aid of persons and/or organizations who are not members of the Commission. Subd. 13. The Commission shall have no power to make contracts, levy taxes, borrow money or condemn property, but shall have the full power and responsibility to investigate the necessity and recommend the taking of these and any other actions related to the industrial and commercial development and redevelopment by the Authority and all other officers of the City responsible to formulate the terms of and the procedure for taking such action. Subd. 14. Review the City’s existing housing stock analysis and make recommendations to the Authority regarding mechanisms for the rehabilitation of said housing stock. (Ord. 542, 6-27-94) The Mounds View Vision A Thriving Desirable Community Item #: 6A Meeting Date: February 16, 2023 Type of Business: EDC City of Mounds View Staff Report To: Economic Development Commission From: Brian Beeman, Assistant City Administrator Item Title/Subject: Reports of Staff A. Rice Creek Commons (TCAAP) Development Update In late spring of 2019 project engineers were in the process of plans for mass grading, utility installation, and primary roadways on the site. This work was slated to be completed in 2019. Initially, the first phase of housing and early commercial construction was expected to begin in 2020 and when fully realized, the mixed-use development was expected to offer 1,460 housing units, support at least 4,000 living-wage jobs, and generate approximately $8.6 million in property taxes annually. Ramsey County Commissioner Nicole Joy Frethem met with the Mounds View City Council January 11, 2021 and stated that the law suit is still in effect however, neither party is at liberty to mention any details of the lawsuit. However, she stated that they feel progress is being made and they are nearing an agreement. “All construction is still on hold”. According to the Startribune, January 10, 2023 the newly elected Arden Hill City Council members immediately began to move forward with their unified campaign promise: thaw a political stalemate and develop the former Twin Cities Army Ammunition Plant site. The majority promised to spur TCAAP development. B. Skyline Redevelopment The Village at Mounds View is a 120 unit affordable senior living facility being constructed at the old Skyline Motel site. It is anticipated that it will be completed June 2023. Bauer Welding has indicated that they will use their 2 acres of vacant land for their own expansion. Bio Clean is still planning to expand their operations as well. However, it is unknown when their expansion will occur. C. Long Lake Woods Marty Harsted is moving forward in creating 12 new single-family residential lots. He would like to break ground in the summer of 2023. However, he is monitoring the construction costs and inflation. He apparently has about four homes that would be built right away once the development has been completed. D. Tom Fields Estate A developer had planned to purchase three lots from Tom Fields located across from Lambert Park to construct three assisted living homes, however Mr. Fields has delayed the project. Therefore, the developer has backed out of the project. Three more developers have inquired about these lots, however the asking price is too high and they have backed out as well. This project is on hold until the land owners agree to move forward. E. Simon’s Building The Simon’s property has a signed purchase agreement by a local dentist and the Phase I environmentals have been completed. He is working on the possibility of an apartment building because the lending institution he was working with is not favorable on a mixed-use product. He may be looking to sell to other users if this doesn’t work. F. New Vision Theater The movie theater owners are considering a feasibility study to determine the highest and best use for the property. AMC currently has a lease agreement until 2032. G. MV Square The City has received a grant from Ramsey County to conduct a redevelopment study in the Mounds View Square area. Staff is cooperating with Paster Enterprises. It is unknown when the study will be completed. (Does the EDA have any ideas for this potential redevelopment that staff can pass along?) H. Long Lake Cove A proposed three building, 6 unit townhome development is scheduled for April or May 2023 at the intersection of County Road I and Long Lake Road. Reports of Staff February 16, 2023 Page 2 of 2 I. Ardan & Greenfield Park Redevelopment Five housing developers presented their proposals for townhomes and single-family products at the January 3, 2023 Council Worksession. The EDA reviewed the five proposals again at the January 9, 2023 EDA meeting. The five developers who made presentations were Lennar, Pulte, M&I, Centra Homes, and Yard Homes. The EDA chose to cooperate with Pulte Homes & Yard Homes. They will be presenting a more formal concept plan at a future EDA meeting. J. Woodale Redevelopment This project site still has interest as a multi-family project from a different developer, despite the City Council rejecting the140 unit ReuterWalteron project. K. Other Upcoming Events/Reports Mounds View Business Council Meeting The next meeting will be held at the MV Event Center Wednesday March 8, 2023 from 8:00-9:00 a.m. The featured presenter will be speaking about solar projects. All meetings are free and all EDC Members are encouraged to attend. The featured speaker will be TBA. ______________________________ Brian Beeman Assistant City Administrator Attachment(s): None