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FY 17 Cleanup - 4 A. Current: Industrial__________ Commercial_______ Residential X Mixed-use_____ Other (Specify) The property is zoned for residential use but is currently unoccupied. B. After Cleanup: Industrial ______Commercial_______ Residential______ Mixed-use_____ Other (Specify) Planned Unit Development (“PUD”) 7. If a change in zoning in necessary, please provide a schedule of required approvals. The property is currently guided by the Comprehensive Plan as High Density Residential, which will be the final use of the property. Preliminary Plat and PUD approval has been granted, the next step will be final plat approval (expected May 2018). 8. Current economic condition: Vacant lot _____ Developed site X Other______ 9. How many buildings are currently on site? Industrial 0 How many are occupied? NA If vacant, for how long? NA Commercial 3 How many are occupied? 0 If vacant, for how long? Since 2017 Residential 1 How many are occupied? 0 If vacant, for how long? Since 2017 10. Year building(s) was/were built: 1950 11. Please describe the condition of the buildings on the site. Prior to cleanup and construction, four structurally substandard buildings will be demolished, including a concrete block garage/workshop building (2,112 square feet), a residential duplex (2,586 square feet), a one- story rental office/commercial barber shop building with a storm shelter in the basement (3,096 square feet), and a laundry/shower building (2,925 square feet). Structures are currently vacant, dilapidated and would need significant repairs if they were to be used any longer. Asbestos containing materials were identified in three of the four buildings and will be properly abated prior to demolition. 12. Is demolition required for RAP implementation? ☐ Yes ☒ No Is demolition addressed in the RAP? ☐ Yes ☒ No 13. Please describe how site redevelopment will spur adjacent development. The proposed redevelopment will turn over a blighted and underutilized 15- acre property and introduce approximately 430 housing units to the City of St. Anthony Village (“The City”), including independent senior housing, assisted senior housing/memory care, affordable units and market- rate units. This project will undoubtedly spur nearby/adjacent development by increasing the population of the neighborhood by several hundred to one thousand people, and population influx is a key driver for commercial development and reinvestment. The project will also create a significant tax base increase, raise property values on surrounding sites, and create quality jobs with livable wages, thus boosting the local economy and making the neighborhood an attractive place for investment and redevelopment. SITE HISTORY 56