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2005.08.15 EDA Packet
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2005.08.15 EDA Packet
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Meeting Date
8/15/2005
Document Type
Agenda/Packets
Commission Name
EDA
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IL / <br /> Article by Bruce Chamberlian of Hoisington Koegler Group, scheduled for <br /> print in Finance and Commerce on Thursday, Aug 4, 2005. <br /> Mound calls on its past to shape its future <br /> The train pulls into the depot of this village known as Mound, named for its collection <br /> of Native American burial knolls and known for its family resorts and the best fishing <br /> on renowned Lake Minnetonka. Eager passengers step onto the platform into a <br /> different world from the one they left in downtown Minneapolis. Visitors pick up a <br /> few essentials at the grocer, walk to the pier and board a small steamer waiting to <br /> carry them to cabins and resorts. <br /> That was the scene in downtown Mound during Lake Minnetonka's thriving resort era <br /> in the teens and twenties. While the resorts are gone, replaced by homes, the scene <br /> is being rebuilt. In a monumental effort of public/private partnerships totaling more <br /> than $200 million of reinvestment and years of work, downtown Mound is once again <br /> becoming a destination. <br /> The effort is called Mound Visions and the vision grew out of need. Despite its rich <br /> history, Mound's downtown had fallen on hard times by the mid 1980s. The resort <br /> era abruptly ended long ago with black Tuesday. More recently, shopping patterns <br /> had changed to the decline of places like Mound. Famed Tonka Toys was sold and <br /> moved from its Mound genesis to Mexico. And that canal from Lake Minnetonka to <br /> the Mound depot? It was all but forgotten; overgrown behind dumpsters, a gravel <br /> alley and piles of road salt. <br /> The community, however, desired a different fate. The City completed a strategic <br /> downtown plan in 1990 that, among other things, suggested an organized downtown <br /> revitalization effort. That effort, soon known as Mound Visions, took root with the <br /> adoption of the downtown master plan in 1992. The master plan was aggressive <br /> with the suggestion to essentially tear down the entire downtown and rebuild it with <br /> mixed-use buildings, reroute a county road, build a new main street, transit center <br /> and farmer's market, rehabilitate the canal to Lake Minnetonka and build a public <br /> marina. The strategy was (and still is) to create extremely compelling public <br /> amenities and pedestrian spaces as a framework for private redevelopment. The <br /> City learned quickly that flipping Mound's tarnished image and attracting private <br /> investment would require bold moves and public "seed" investments in key amenities <br /> like the canal and main street. <br /> At the time it was unveiled in 1992, the idea of building a traditional downtown was <br /> semi-radical. Urban designer Bruce Chamberlain, Vice President with Hoisington <br /> Koegler Group, remembers a prominent area developer warning him that such an <br /> aggressive plan would never be realized. But the community had unwavering <br /> dedication; especially to a plan that focused on its Lake Minnetonka heritage. <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 <br /> abandonment, new street rights-of-way, not to mention that the permits required to <br /> dredge a canal and build sixty boat slips has kept us focused and savvy." With the <br /> expertise of a top notch City staff, legal and financial council from Kennedy & Graven <br /> and Ehlers & Associates, Environmental consulting from Earth Tech as well as <br />
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