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SHOWCASE <br /> Real Estate Thursday, Saluting Minnesota's Top Real Estate Projects <br /> ORIA ket interest of their downtown units prove the <br /> s� 'rra ' ��� U sophistication of today's home buyers who <br /> - 1($xTtic°-i F •�ilM.. are interested in a full package of high quality <br /> '> ]ei,• � +F - amenities that flow from interior details to <br /> building architecture to site design to inviting <br /> �'�' ids o■Y �3 J ' �., public spaces." <br /> Ht-bp3'er� _ <br /> o �!'t"« �3�! The public/private teamwork of MHR and <br /> �. W► # the city is gaining wide recognition and sup- <br /> - #._'=' •_ -""" -%4-4 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 /> Transit-0riented Development grant and the <br /> ii -• Minnesota Department of Employment and <br /> Economic Development's environmental <br /> •�.. ` _ "Z.-,�� grant. The project has also been recognized <br /> significant financial support from the <br /> > o - Minnehaha Creek Watershed District as an <br /> innovative model for stormwater treatment. <br /> The Mound Visions effort will be complete in <br /> 2008. All told,over 350 housing units within <br /> •. - ` .,.; a five-minute walk from a downtown transit <br /> 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 invest- <br /> ment and another$160 million in private <br /> investment. Property taxes generated from <br /> Mound Visions downtown master plan <br /> this small downtown will increase to 26 <br /> times their pre-development levels. When <br /> to be a wise and highly professional development partner in the effort. MHH'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 Ludes from defeatist to confidence. 1'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 /> [" Xn�I(I • • • • <br /> .,K.�Real Estate Research&Consulting <br /> . Market Feasibility Studies Mound Office <br /> . CompmhensiveHousing Studies <br /> . Consulting Services <br /> . land Use Planning proudly supporting the Mound Redevelopment Project <br /> . Commercial Analysis fit„rdasr,, h i.. .--•---.,.- <br /> . Market Assessments 6,SFv.A--N-Rh.S-4-- <br /> Fhooe...B—Fa6n"419"9 <br /> �tinformation: 52 <br /> For more 9 -475-2411 7ao. <br /> EXCITING NEW MOUND RENOVATION! �.� <br /> ENjoy MAI <br /> • 1 •' C H A R T E R E ❑ <br /> ffe Congratulations to the City of Mound for its <br /> y - economic development accomplishments. <br /> 612.337.9300"Toll Free:1.800.788.8201•Fax:612.3329310 <br /> Yrt37 luxury toiNnhonnes '17 of these 200 South Sixth Street,Suite 470,Minneapolis MN 55402 <br /> Shomes vAll directly overlook1 .- <br /> t r ' <br /> with many of the9311[as at www.kennedy-graven.com <br /> II remaining <br /> commonI having partial vi— <br /> greauNay amOnd the lake.Each home <br /> -hT Mil Include a neighborhood pool and a <br /> EHLERS &ASSOCIATES <br /> �._ .. <br /> Intsnor designs am being developed. <br /> Call for more infortnation. <br /> Designing Outstanding Financial Solutions <br /> for Outstanding Communities <br /> MWE SrEADMAN Ehlers&Associates is proud to have provided the following public <br /> financial advisor services to the City of Mound on the - <br /> Downtown Mound Development Projects: <br /> PAT-nJ• °RMANN ♦Redevelopment Management <br /> THNILI—ALS ox ' ♦Tax Increment Financing <br /> n• ♦Bond Issuance <br /> r Contact Datta Callister at Ehlers&Associates E H L E R S <br /> (651)697-8553 or deallister@ehlers-inc.com a ASSOCIATES INC <br />