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AUG. 28. 2001 2:08PM EHLERS & ASSOCIATES N0. 8543-P. 2 <br /> EHLERS <br /> & ASSOCIATES INC <br /> OTo: Interested Developers <br /> From: Jim Prosser <br /> L Mark Ruff <br /> Subject: St.Anthony Village Redevelopment Opportunity <br /> Date: August 21,2001 <br /> The City of St.Anthony Village,Minnesota is requesting development program proposals for the SE Corner <br /> of Northwest Quadrant Redevelopment area. This area includes the Apache Mall. The purpose of the <br /> proposals is to assess the interest, financial feasibility, and concept compatibility with the City's Planning <br /> Framework(see enclosed Northwest Quadrant Development Plan). <br /> To assistyou with this proposal we have scheduled a pre-proposal conference forThursday,September <br /> 20, at 10:00 am at the St. Anthony Village City Hall,3301 Silver Lake Road. Completed materials <br /> should be submitted to the attention of Jim Prosser no later than 4:00 pm on October 26. <br /> In order to properly evaluate a proposal for a project of this nature. we would request the following <br /> information be included with your initial submission: <br /> I. A development program including type, size, estimated value, pad size and use for each project <br /> component. (An example would be"four story,brick and masonry, 125 room limited service hotel, <br /> • constructed on a 2.1 acre pad. Estimated construction cost of$6,250,000.) <br /> 2. A general plan or strategy to accommodate some of the existing businesses in the redevelopment <br /> area. <br /> 3. A general description of the public improvements, which may be required to support the new <br /> development. Potential improvements to consider may include, transit, water and sewer <br /> improvements. We understand that engineering has not been initiated as yet and that an <br /> environmental review would be undertaken if the project would proceed. However, we would <br /> appreciate•preliminary information of the type improvement,which will be considered. <br /> 4. Project financing information including estimated project sources and uses. <br /> 5. A description of the project team including, but not limited to, master or lead developer, anchor <br /> tenant representatives, development planner/architect, engineering consultant, attorney. <br /> 6.. Background summary of related development experience, financing capacity and references from <br /> at least three communities where you have completed similar developments. <br /> 7. A concept site plan showing building placement,parking and major public improvements. <br /> This information will be reviewed and evaluated by the Project Team including the St.Anthony Village City <br /> Manager, City Planner,and Financial Advisor. The evaluation will be provided to the Council to be used <br /> in the selection of developers. - <br /> Thanks again for your interest in developing within our community. We look forward to receiving <br /> information regarding your proposal. <br /> LEADERS IN PUBLIC FINANCE <br /> 3060 Centre Pointe Drive 651.697.8503 taz 651.697.8555 <br /> Roseville,MN 55113.1105 jim@ehlers•inc.com <br />