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City of St. Anthony Planning Commission Meeting Minutes February 15, 2000 Page 2 1 Chair Bergstrom requested that the designation of a Planning Commission Representative be ta- e bled until the end of the meeting to determine if a representative.is needed to present issues at the 3 February 22, 2000 City Council meeting. 4 VII. PUBLIC HEARINGS. 5 None. 6 VIII. OTHER BUSINESS. 7 A. Apache Plaza Update; Scott Tankenoff, Hillcrest Development. 8 Chair Bergstrom welcomed Scott Tankenoff, managing partner of Hillcrest Development. Mr. 9 Tankenoff began by distributing copies of two articles from the Star Tribune entitled "Shopping 10 for Ways to Help Malls Survive" and "Minneapolis Likes High-Tech Campus Plan." Mr. 11 Tankenoff explained that the articles were for the Commission's information and that the second 12 article, in particular, discussed a current project in which Hillcrest Development is involved. 13 Mr. Tankenoff continued by stating that it is his intention to attend the Planning Commission 14 meetings as well as the City Council meetings on a regular basis in order to provide updates on 15 the status of the Apache Plaza redevelopment and answer questions. 06 Currently, Mr. Tankenoff stated, Hillcrest Development has a fully-signed purchase agreement 17 with US Bank and has met with City Staff to develop some preliminary concepts to bring for- 18 ward. Mr. Tankenoff stated that he is reluctant to release any details to the public at this time re- 19 garding the renderings and conceptual plans because the plans are still in the initial stage of 20 development and could undergo changes and modifications. 21 Furthermore, Mr. Tankenoff stated that there are several items currently being done, such as an 22 environmental review, geotechnical items to investigate, and various indoor items to investigate. 23 Hillcrest Development is in the process of contract reviews, lease reviews, physical review of the 24 structure, and other individual review items. Mr. Tankenoff estimated that approximately 50 25 days from this date, Hillcrest Development will have the results of the condition of the structure 26 of the property. 27 Mr. Tankenoff s final message about the project is that Hillcrest Development is enthusiastic 28 about the potential uses of the property, and also about providing an attractive area of which the 29 City and community could be proud. 30 Bergstrom commended Mr. Tankenoff on the prudent approach that Hillcrest Development is 31 taking. He continued by stating that the Apache property has been the focus of the City for many 32 years and there have been many hopes for the property that have resulted in disappointment. 0-3 Bergstrom asked Mr. Tankenoff to indicate the boundaries of the property for which Hillcrest 34 Development has purchased. Mr. Tankenoff proceeded to point out estimated boundaries on an 35 aerial map of the City that is on display in Council Chambers. He stated that the purchase agree- 36 ment entails approximately 31 acres of property, and included the New Market site.