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2007.08.20 EDA Packet
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2007.08.20 EDA Packet
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Commissions
Meeting Date
8/20/2007
Document Type
Agenda/Packets
Commission Name
EDA
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SHOWCASE <br /> Real Estate Thursday, Saluting Minnesota's Top Real Estate Projects <br /> - _ ket interest of their downtown units prove the <br /> iitu�er" �1y. - sophistication of today's home buyers who <br /> are interested in a Hill package of high quality <br /> + t <br /> amenities that flow from interior details to <br /> a <br /> building architecture to site design to inviting <br /> f}} <br /> public spaces." <br /> a y�n - 3 The public/private teamwork of MHR and <br /> -- �; 4P►- �R - ." '� the city is gaining wide recognition and sup- <br /> _ port. In 2005 alone the team has secured <br /> nearly$5 million in grant funds and received <br /> large awards from Hennepin County's <br /> -0Ai A <br /> Transit-Oriented Development grant and the <br /> Minnesota Department of Employment and <br /> Economic Development's environmental <br /> ,ill �:_� K'� grant The project has also been recognized <br /> �`._A _ with significant financial support from the <br /> Minnehaha Creek Watershed District as an <br /> by y ,��. "•rya rra a a..-'- innovative model for stormwater treatment. <br /> �4 The Mound Visions effort will be complete in <br /> 3008. All told,over 350 housing units within <br /> a five-minute walk from a downtown transit <br /> %'• -;fix+. center and 150,000 square feet of commercial <br /> space will have been built. The effort will <br /> �,,• _ - result in roughly$40 million in public <br /> invest-ment and another$160 million in private <br /> Mound Visions downtown master plan investment Property taxes generated from <br /> this small downtown will increase to 25 <br /> times their pre-development levels. When <br /> to he a wise and highly professional development partner in the effort. MHR's pro- asked if the effort has been worth it Mayor Pat Meisel says,"We have reconnected <br /> posal for mixed-use development embraces public space and pushes the envelope with our heritage,set the stage for a generation of success and transformed atti- <br /> in quality design and innovative stormwater systems. Tom Stokes,president of tudes from defeatist to confidence. I'd say it's been worth it". <br /> Brenshell Townhomes,one of the development partners,says that"the intense mar- <br /> Honored to be a part of the Mound Redevelopment Project <br /> �� s ail � • <br /> Real Estate Research&Consulting <br /> �`. . Market Feasibility Studies Mound Office <br /> . Comprehensive Housing Studies <br /> . Consulting Services <br /> Land Use Planning Proudly supporting the Mound Redevelopment Project. <br /> e Commercial Arialysts Vl.d{dd fl,—h.1— <br /> . Market Assessments 6,5 Fir>,A.cn""N-b.S-111 4- <br /> 14—ph,.VN 5i43 <br /> Phouc ma 338.00u Fu 6u.qoy. <br /> For more information:952-475-2411 <br /> mad,eldre arch.co wa•.rdinaralryco <br /> EXCITING NEW MOUND RENOVATION! M <br /> ENjoy <br /> r A <br /> } y. C H A R T E R E D <br /> OUKE MINN <br /> • r ;in £S 3i1I <br /> Congratulations to the City of Mound for its <br /> economic development accomplishments. <br /> A 612.337.9300"Toll Free:1.800.788.8201-Fax:612.337.9310 <br /> r37 lumry tovmhomes 17 of these 200 South Sixth Street,Suite 470,Minneapolis MN 55402 <br /> "okLost Lake, <br /> lYlsit us at wwwAennedv-graven.eeet <br /> with any of the remaining homes <br /> h.,IHg perdu Commoin areas <br /> : 17-11001AW VAN include a neighborhood pool and ay <br /> greenway <br /> - their <br /> will foot boat slip on Lake Minnetonka. EHLERS & ASSOCIATES <br /> rnomDesigning Outstanding Financial Solutions <br /> for Outstanding Communities <br /> MIJCE STTADMANEhlers&Associates is proud to have provided the following public <br /> 612.296.0900 financial advisor services to the City of Mound on the - <br /> a' Downtown Mound Development Projects: <br /> PATTI JO ♦Redevelopment Management <br /> r ♦Tax Increment Financing <br /> MATTHEW HERMANN ♦Bond Issuance <br /> ' <br /> 9514754910 Contact(lave Callister at Ehlers 8 Associates EHLERS <br /> www.thevillasonlostiake.com Edina Real (651)697.8553 or deallister@ehlers-inc.com S .s 5 0 C,A:E 5 <br />
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