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Conclusion: <br />The Preliminary Demand Study indicates that there is ample room for this project within <br />the primary market, without detracting from the existing projects. The summary traffic <br />analysis indicates that the traffic flows will be reduced for the neighborhood. The Lake <br />Apartments at Silver Lake Plaza will add considerable new value to the tax base of the <br />City of St. Anthony. The project will add to and visually complement the Silver Lake <br />Village redevelopment. It will also provide additional housing options for the community. <br />This project will add to the vibrancy and synergy of the retail, commercial and residential <br />redevelopment at Silver Lake Village. <br />