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I\ -,e City Council Regular Meeting Minutes • February 22, 2000 Page 2 1 Sparks asked Mr. Tankenoff to explain the processes that are involved with the purchase of 2 Apache Plaza. Mr. Tankenoff stated that there are approximately 40 days until the 3 environmental phase of the property is completed. Hillcrest Development inherited little 4 information in the form of planning and surveys. Currently there is an indoor investigation being 5 conducted and a thoroughleview of what has been done outside of the building. Hillcrest 6 Development is beginning discussions with some of the tenants and conducting meetings with 7 the City on zoning. Mr. Tankenoff further stated that renderings have been drafted, however, he 8 is reluctant to expand on those drawings in more detail until they are concrete. 9 Sparks inquired about the possibility of a community space for Apache. Mr. Tankenoff stated 10 that there have been a lot of rumors about the type of community space being considered, but he 11 wished to clarify that the community space would likely consist of a recreational component, 12 meeting rooms, and a coffee shop, in close proximity to where the Cub Foods is located. Ideally, 13 he stated, there would be a place where people could gather, but he would like to make sure the 14 concept is firm before any specific details are released. 15 Thuesen inquired when Hillcrest Development would make a determination regarding the New 16 Market property. Mr. Tankenoff stated that there have been many inquiries to that effect, how- ever, he believed that the site might be a requirement to support the redevelopment of the build- ing. Once there is a concrete plan for the Apache Plaza,the ancillary portion of the New Market 19 site would be an ideal topic for discussion. 20 Hodson inquired when the redevelopment construction was expected to begin. Mr. Tankenoff re- 21 sponded that the specific construction date depends on how long the processes take to lay the 22 groundwork to begin construction. Mr. Tankenoff believed that redevelopment construction 23 needed to occur in the Year.2000, however,he hoped to avoid winter construction. It is his hope 24 that there will be meaningful preparation of the building starting this summer. Almost immedi- 25 ately after closing (which is expected in 60-90 days), Hillcrest plans to correct the dysfunctional 26 portions of the building and the second phase of construction would begin shortly after that 27 point. 28 Cavanaugh mentioned that there had been discussions from the Planning Commission about the 29 possibility of the City.hiring a planner to assist in the redevelopment process. Cavanaugh 30 believed that to be a feasible idea to provide a level of professionalism for the City to coordinate 31 with Hillcrest Development due to the large scope of the project. 32 In response to an inquiry about the number of projects in which Hillcrest Development is in- 33 volved, Mr. Tankenoff responded that the company has a deep commitment to the Apache Plaza 34 project. The company is involved in a large project on Stinson Boulevard as well, but he felt that the synergies of the Stinson project would ultimately provide energy to the Apache project. 36 VI. COMMUNITY FORUM.