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ENGINEERING <br /> F'G_ Cubed <br /> SURVEYING <br /> PLANNING <br /> July 8,2022 <br /> City of Hugo <br /> Attn: Rachel Juba, City Planner <br /> 14669 Fitzgerald Ave.North <br /> Hugo,MN 55038 <br /> RE: Knut Development LLC - Sketch Plan <br /> Dear Ms. Juba, <br /> Please accept the application and packet for review and discussion of the Sketch Plan for the <br /> LaValle property specific to a proposal for two conceptual 70 unit apartment buildings (140 total <br /> units)which would be three stories in height plus understory parking garages. We are looking <br /> for Hugo's support of this concept and to determine a path forward for construction of the <br /> necessary facilities to allow construction of the apartments. At this time it is not economically <br /> feasible to invest in the infrastructure for future commercial/mixed uses which are speculative at <br /> this time. We see getting an apartment project kick starter for the single family residential <br /> development. Once there is positive growth in the residential area, the commercial/mixed use <br /> developments will come. <br /> The sketch plan is quite similar to a plan submitted and reviewed in early 2020. The main <br /> difference being a single 150 unit apartment is now there are two - 70 units apartment buildings. <br /> The apartments would be upscale, market rate buildings similar to what developer Peter Stalland <br /> has built in many locations in the greater metro area. Mr. Stalland has a purchase agreement in <br /> place for the apartment location and the mixed use area to the east (approximately 28 acres). <br /> Three existing building examples are provided to show the quality in architecture and interior <br /> finish that is proposed. <br /> Please accept this application and let us know if there is additional information needed to start <br /> the discussion to move the development of this project forward. <br /> Thank you, <br /> Mark R. Welch, PE <br /> 14070 Highway 52 Southeast, Chatfield, Minnesota 55923 <br /> Phone 507-867-1666 ♦ Fax 507-867-1665 ♦ www.ggg.to <br />