PL PACKET 09151987 - Laserfiche WebLink

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1 Mr. Hamel assured the Councilmember there: would be :ceramic, ' . 2 tile in the bathrooms. 3. Air Conditioning 4 Not certain about specifics, but thought individual units like 5 those in the LaBelle condominiums would, be provided. Showed j 6 colored photos of rooms with units in. them. 7 Sprinklers 8 Mr. Hamel did not know what St. Anthony codes called for but 9 = indicated -Gaughan would not be! adverse to looking at a fire 10 sprinkled system in the development agreement. 11 Occupancy .12 Gaughan believes they can fill 100 units of senior housing 13 over a reasonable marketing . period; 14 pointed out that Gaughan had finished a 72 unit congregate 15 senior project in Coon Rapids in February and that building 16 is now about 920 occupied.; 17 said Coon Rapids has a lower senior population than St.. 18 Anthony and rents were comparable to what would be asked for • 19 the City project, so they are not terribly concerned about 20 having problems with .renting those units ; 21 Mr . Hamel said his firm had used the Maxfield report and their 22 own touch with this area; 23 pointed out that neither the LaBelle or ;University. Heights 24 projects had been restricted- by age and both had attracted a 25 good number of St. Anthony seniors; 26 said LaBelle Park is now almost exclusively a 55 and over 27 project; 28 perceived when a particular price bracket is reached, a. dev- 29 elopment would not be attracting kids just out of high 30 school ; and 31 the project would rather be marketed to those who have been .� ' 32- successful and have built up equities in- .their homes or .good 33 paying jobs ; 34 Mr . Hamel said -he thought Gaughan had already demonstrated "35 through the *LaBelle and University Heights projects that the -36 northeast area is a close knit. community -from which people 37 don' t want to move .too far; • 10