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PROJECT <br /> A Special Advertising Section of Finance and Commerce <br /> Continued from page 11 <br /> .............................................................................................................................................................................. _ <br /> aggressive plan would never be realized. But the community had unwavering dedi- <br /> cation,especially to a plan that focused on its Lake Minnetonka heritage. yI� <br /> The hurdles were at times daunting says Kandis Hanson,Mound city manager. "Soil <br /> contamination,county road and post office relocation,utility undergrounding,rail - 5 <br /> abandonment,new street rights-o[-way,not to mention that the permits required to f G':sa.o - :NA,-- <br /> dredge a canal and build sixty boat slips has kept us focused and savvy" With the t <br /> expertise of a top notch city staff,legal and financial counsel from Kennedy& <br /> Graven and Ehlers&Associates,environmental consulting from Earth Tech,engi- <br /> neering from MFRA and urban design,landscape architecture and Mound Visions <br /> coordination from Hoisington Koegler Group,the public-realm team of this effort _ <br /> has accomplished amazing feats. <br /> Enter the development community. Early skepticism turned to passive curiosity, <br /> and ultimately to financial commitment with Mound's establishment of a downtown <br /> tax increment financing district and completion of early infrastructure projects. <br /> The recently completed downtown pier and marina <br /> The catalyst redevelopment project by a local hardware retailer in 2000 was quickly <br /> followed by a mixed-use retail/housing project by MetroPlains Development and a <br /> ' -' new downtown post office.These early projects were critical in demonstrating <br /> •_?`,; " .i market success and establishing the flavor for the important"main street"projects <br /> to come. <br /> s Mound Harbor Renaissance LLC(MHR),a consortium of development interests, <br /> was selected by the city in 2001 to redevelop three high-visibility main street dis- <br /> tricts in downtown. MHR and their consultants,including Maxfield Research, <br /> _.r ...sr .�.. Landform Engineering,Barr Engineering,Faegre&Benson,Krass Monroe and <br /> • Edina Realty have embraced Mound's vision for a traditional downtown and proven <br /> e• . <br /> - ._ KRASS MONROE IS PROUD TO HAVE PROVIDED <br /> - THE FOLLOWING FINANCIAL AND LEGAL SERVICES TO <br /> THE DEVELOPER, MOUND HARBOR RENAISSANCE, LLC: <br /> • FINANCIAL ANALYSIS • REDEVELOPMENT AGREEMENT <br /> A • • • PROJECT FEASIBILITY • FINANCIAL SOLUTIONS <br /> P <br /> P <br /> JIM CASSERLY GAY CERNEY MARY MOLZANN GREGJONNSON <br /> TEL 952.885.5999 WWW.KRASSMONROE.COM FAX 952,885,5969 <br /> 4 a <br /> ENVIRONMENTAL LIABILITY ..DEVELOPMENT OPPORTUNITY TOMORROW . <br /> ROAD <br /> CLOSED <br /> ,Barr Engineering Company is woj king to turn a former dump <br /> WE GET YOU PAST THE ROAb BLOCKS <br /> site in..wntown Mound into a safe site fadevelopment. <br /> Nke itongratulate the City of Mound and Ailound HarborRenaissance DeNelopment,I.I.C.on[lie approval of Vhtt,e I <br /> of the do%%iito%%n Mound recic%clopment project. <br /> 0 NJ <br />