PL PACKET 03171987 - Laserfiche WebLink

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-7- OGWYSE CRITERIA, IN TERMS ESPECIALLY OF THE DISADVANTAGED AND DISLOCATED: It follows that the facility can not be remote from concentrations, for example of the "disadvantaged." The target area designated relates to these concentrations in the county. Not only is distance critical, public.transportation has to be accessible and available for the facility. Free parking for employees, with transportation, is also critical. There has to be some viable relationship to fast food and shopping resources, especially for single heads of household. By the same token, child care resources are planned for the facility to be managed on an independent basis. Finally, the facility will house resources oriented to training and counseling those employees with the need. FACILITY PFCFIT S IN TEiW CF BASIC CRITEPJA. Since the focus of the iniative is on the human resources, corporate tenant criteria and employee criteria have been dealt with first. Nevertheless, certain basic parameters have been developed which relate to the size of the facility, and the level and extent of the activity. These criteria are not absolute, but relative and clearly numbers which represent an order of magnitude. First, it is planned that the facility has at least thirty thousand square feet of net rental space. This means • that coimon areas are excluded, such as restrocros, corridors, reception area and administrative offices, from the estimated square footage. Second, it is thought that the tenant population will be in the range of fifteen to twenty corporate tenants. Thirdly, an energy efficient building is necessary in the state of Minnesota. Fourth, the plan is presently for a flat rental fee of three dollars per square foot, which includes utilities, taxes, insurance along with management charges. It has to be repeated that the market in Hennepin county .for cotmnercial and industrial space is highly competitive and likely to become more so in the foreseeable future. Quality space is widely available in the three to four dollar. range. The fifth consideration is that the building be available for purchase, or acquisition and/or use on a nominal fee basis. The sixth criteria is that the facility be in an attractive and visible location, and finally it must be as already indicated..viable in terms of highly competitive market alternatives. Business Plan: Hero 1/15/87:RSA:05