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2015.10.14 Parks Packet
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2015.10.14 Parks Packet
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10/14/2015
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Agenda/Packets
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Parks
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The new villas are one -level homes designed for empty nesters. <br />In a city commission bus <br />tour last fall, Hugo City <br />Administrator Bryan Bear <br />called the one -level villas <br />the "hottest housing prod- <br />uct in the city." <br />Seven villas are already <br />reserved of the 26 platted. <br />Some will have backyards <br />that abut Clearwater Creek <br />Park Preserve, a 100 -acre <br />gem that Pratt said is hard <br />to find in a city. <br />The Vadnais Heights - <br />based builder specializes in <br />premium homes with price <br />points at a half -million dol- <br />lars and up. "We're not into <br />expediency or less expen- <br />sive," Pratt said, "we're into <br />detail. Every community <br />needs a range of choices. <br />When you deal north of <br />$500,000, properties must <br />have unique characteristics <br />in a context that has appeal, <br />space and good backdrops. <br />There is still a market, <br />as proven here for people <br />above that price point." <br />Hugo is a natural pro- <br />gression for spillover hous- <br />ing from a fully developed <br />White Bear Lake and Town- <br />ship, Pratt noted. <br />"When I met with Mac <br />(McCollar), I could see that <br />connection," he recalled. <br />"You have to have a stom- <br />ach for looking down the <br />road. You have to have a <br />knack for it. I think there <br />are genetic things that go <br />into your fabric emotion- <br />ally that makes some people <br />to be more circular. You get <br />up, look around and take it <br />• ' Gill �& <br />in." <br />Pratt's great-grandfather <br />was a Swedish immigrant <br />who built homes in north- <br />east Minneapolis. "You can <br />still see his houses," he said. <br />"So its in our family his- <br />tory back a generation or <br />two. My grandmother told <br />me growing up, 'You didn't <br />know your great-grandfa- <br />ther, but you can see his <br />work. Homebuilding; she <br />said, 'is an honorable pro- <br />fession.' There is something <br />rewarding about a tangible <br />result. <br />Both Pratt and brother <br />Lowell worked their way <br />through the University of <br />Minnesota as carpenters. <br />Len was an English litera- <br />ture major, which might <br />explain his penchant for <br />storytelling. "One thing led <br />to another in the early '70s <br />and we went into business," <br />he said. <br />The home builder/devel- <br />oper admits he's a worka- <br />holic, which happily teams <br />well with wife Ellen Maas, <br />a Washington County judge <br />and part-time musician. <br />They met under the mu- <br />ral of Venus the Goddess of <br />Love at Pazzaluna in down- <br />town St. Paul. "I kid you <br />not," Pratt said. "She was <br />sitting at the next table with <br />friends and we got to talk- <br />ing about hors d'oeuvres. <br />She invited me to one of her <br />concerts (Maas plays bas- <br />soon in several orchestras). <br />We've been together ever <br />since." <br />.• <br />6-V ,.. <br />Join us for our <br />GRMD ®Pik <br />r11.0-IJULY 24-2 5-26 6 <br />Their compatibility lies <br />in the fact both are "self- <br />actualized," <br />selfactualized," Pratt pointed <br />out. "Ellen was never mar- <br />ried and needed someone <br />like me. If you try to fol- <br />low her around as a typical <br />husband, it will not work." <br />They've been married 15 <br />years and reside in Birch- <br />wood. Pratt also has three <br />children from a previous <br />marriage; son Ben is a chef <br />and owner of Ingredients <br />restaurant in White Bear <br />Lake. <br />If he has spare time, <br />Pratt said he enjoys garden- <br />ing and would love to own <br />a "wee farm. But I`ll never <br />come off the lake (White <br />Bear) with Ellen. She is <br />there to stay." <br />As the conversation shift- <br />ed to White Bear Lake's cur- <br />rent woes, Pratt said people <br />need to take small steps to <br />bring the lake level back. <br />"One of them is augmenta-, <br />tion. I am pro -augmenta- <br />tion. We have to study it." <br />Meanwhile the president <br />of Pratt Homes continues <br />to do what he does best, and <br />that is build. He weathered <br />the recession storm and <br />says the "underwriting fun- <br />damentals of lending have <br />been repaired." <br />The market will more <br />fully recover when millen- <br />nials decide to buy homes, <br />Pratt said. "They rent now. <br />A survey from the National <br />Association of Homebuild- <br />ers (of which he is a board <br />member) shows they want <br />Bring your I ,HAPPY HOUR 0: Rrinn <br />wn <br />- Submitted photo <br />a sense of job security first. <br />When the biological clock <br />ticks, once family forma- <br />tion starts, they choose to <br />live outside the urban core. <br />They want a yard and they <br />want a good school." <br />Less than 10 percent of <br />the property Pratt acquired <br />for Fable Hill remains un- <br />sold — about seven lots of <br />the original 75. All are large <br />lots that are twice the size <br />of what city code requires. <br />"I sensed, and I still do," he <br />noted, "that people come to <br />Hugo for the space." <br />Is he optimistic for the <br />future? "I am for the next <br />three years. We have been <br />underbuilding for demand. <br />But the sale of existing <br />homes by empty nesters <br />needs to be more fluid." <br />When the villas are com- <br />plete, Pratt will move on <br />to a fifth and final phase <br />in Fable Hill with 20 more <br />villas and 14 single-family <br />homes. When that project <br />is finished, Pratt can finally <br />write 'The End' to that story. <br />
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