HRA MINUTES 08251987 - 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 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 92% 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