CC MINUTES 12031985 - Laserfiche WebLink

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-2- persons looking at the Kenzington whose perception had been that the shopping center in that area did not provide enough services geared towards the older population • which would be living in that area when the housing redevelopment is completed. As he had told the Commissioners the previous evening, Mr. Yurick indicated. there had been some discussion about the possibility of the library relocating in the proposed commercial space and the developers had heard from prospective Kenzington buyers that they would like to see established in the area an eating place of the caliber some of them said was missing in St. Anthony. The developers themselves had perceived a card shop, a beauty salon, or general office space might provide for the residents' needs without their having to leave the premises, Mr. Yurick reported. Because Arkell 's experience had mainly been in housing, the developer told Councilmember Marks, they would never attempt the commercial themselves, but, rather, had four commercial contractors in mind who had indicated an' interest in developing that portion of the project. Mr. Yurick told Councilmember Ranallo it would not be economically feasible to split the commercial between the two buildings because financing to do so might be difficult to find. However, the developer indicated, Arkell would have no problem with the limiting of commercial to 33,000 square feet and he would not dispute the Councilmember's speculation that the final project might even have less than 300 units housing, even though Mr. Yurick said the demographics certainly supported that number of units at this time. Councilmember Ranallo indicated he perceived the developers would still retain the option of eliminating the commercial altogether and, with the 300 units proposed for these last two buildings, the 150 units in the Kenzington and 45 under construction • for Walker on Kenzie, the project total would remain at 495 units, as originally approved. The architect would be ascertaining whether Wilson Street was .a vacated street as had been assumed in the developers' sketch of the project site, Mr. Yurick said. He also told Councilmember Marks that, even though the focus of the market study for the Kenzie Terrace area had been for persons over 65, the 55 and over group had also been addressed and residents of that age would definitely be sought for ,this project. Councilmember Ranallo said the possibility that the market in ten years might have switched back to condominiums , should _pose no problem for this project since the developers have assured the City that the structural quality of the rental housing would be the same as had been proposed for the condominiums . In any event, the Mayor added, any further change in use would have to be returned for Council approval . Motion by Councilmember Marks and seconded by Councilmember Enrooth to accept the amendment to the Kenzie Terrace Redevelopment Concept Plan proposed by Arkell Development Company to allow the following changes in Phases IIB and III in accordance with plans filed with the City of St. Anthony: 1 . Change from condominiums Ca maximum of 300 units in 3 buildings ranging from 5-8 stories)_ to 55 and over senior market rental (.300 units in 2 buildings of 5 and 8 storiesl; and • 2. To include a maximum of 33,000 square feet of commercial space on the first floor of the first building.