HomeMy WebLinkAbout2007.08.20 EDA Packet AGENDA
CITY OF HUGO
ECONOMIC DEVELOPMENT AUTHORITY
MONDAY, AUGUST 20, 2007 - 8:30 AM
HUGO CITY HALL
8:30 am 1. Call to Order
8:31 am 2. Roll Call
8:32 am 3. Approval of Minutes
EDA Meeting of July 16, 2007
8:35 am 4. EDA Marketing Strategy
• Commercial Properties Available on County
Road 8
• Discussion on EDA Annual Report
9:00 am 5. 2008 Comprehensive Plan
9:40 am 6. Update on Downtown Redevelopment and Marketing of
City Owned Properties
10:10 am 7. Discussion on Project Showcase in Finance and
Commerce Newspaper
10:30 am 8. Adjournment
BACKGROUND MEMO FOR THE EDA MEETING OF
Monday, August 20, 2007
3. Approval of Minutes EDA meeting of July 16, 2007
City staff recommends that the EDA approve the minutes for the July 16, 2007 EDA
meeting as presented.
4. EDA Marketing Strategy
At the July EDA meeting a work plan for the EDA marketing strategy was approved. A
portion of the work plan includes updating the MNPRO website to show commercial and
industrial properties available in the City. At the meeting the MNPRO website will be
presented to show what has been updated. The properties that are on the website now are
the commercial properties available on County Road 8 staff will continue to update the
list for other sections of the City.
The EDA also talked about an EDA annual report. Staff has drafted a concept for what
the annual report will look like. Attached is an outline of commercial and industrial
properties that could be showcased in the annual report. The EDA should discuss what
ones they would like to see in the report. Staff recommends that the 2007 Annual Report
be completed in January.
5. 2008 Comprehensive Plan
Attached is a draft of the future land use plan for the City and the portion of the
comprehensive plan of 1998 on economic development. A majority of the economic
development section is out of date and will be updated with the new comprehensive plan.
The EDA should discuss what direction they would like the new economic development
section to focus on. There will be a section in the comprehensive plan for the downtown
plan.
6. Update on Downtown Redevelopment and Marketing of City Owner Properties
Staff will provide an update to the EDA on downtown redevelopment. The EDA should
discuss marketing of the City owned properties.
7. Discussion on Proiect Showcase in Finance and Commerce Newspaper
Staff has been in contact with Shelia Bennett from Finance and Commerce Newspaper to
discuss doing a project showcase advertising section of their paper. The project showcase
section is a way for cities to highlight development projects in their City. Staff feels that
the project showcase advertising would be a great way to promote the downtown area.
Attached is an example of a project showcase in the newspaper. The EDA should discuss
whether it is the right time to advertise for the downtown or if the City should wait to do
the project showcase until a project is submitted.
MINUTES FOR THE EDA MEETING OF JULY 16,2007
EDA President Fran Miron called the meeting to order at 8:30 am.
PRESENT: Jim Bever, Mike Granger, Phil Klein, Brian Thistle, and Fran Miron
ABSENT: Jan Arcand and Tom Denaway
City Administrator Mike Ericson, CD Director Bryan Bear, Associate Planner Rachel
Simone
APPROVAL OF MINUTES EDA MEETING OF JUNE 18,2007
Klein made motion, Bever seconded, to approve the minutes for the EDA meeting of June 18, 2007.
All aye. Motion carried.
NORTHERN LIGHTS PEDIATRIC AND ADOLESCENT MEDICINE
Staff invited the members of Northern Lights Pediatric and Adolescent Medicine to come to
the EDA meeting to present their business profile. The medical center will be located at
14712 Victor Hugo Boulevard south of County Road 8 in the new retail area.
Dr. Margaret Hustad, the founder of Northern Lights Pediatric and Adolescent Medicine, was
present at the meeting and gave an overview of the medical practice. She stated that they are
also a partner in the development of the retail center in Victor Gardens South Village. The
medical center will open in the Fall of 2007. The EDA welcomed the Northern Lights
Pediatric and Adolescent Medicine as a new business in the City.
DISCUSSION ON WORK PLAN FOR THE EDA MARKETING STRATEGY
Staff put together a work plan for the EDA marketing strategy that was presented to the EDA
at their May and June meetings. Attached was the work plan for the EDA's review. Staff
presented the City of Cottage Grove's website as a good example of how their EDA has used
the City website as a marketing tool. The EDA discussed the work plan and timelines and
provided feedback to staff.
The Associate Planner gave an overview of the update on the marketing strategy and work
plan. The EDA reviewed the City of Cottage Grove's EDA website. The EDA talked about
having commercial properties available on the City of Hugo's website and also doing an
EDA annual report.
Granger made a motion, seconded by Klein approving the EDA marketing strategy and work
plan and also having a printed version of the EDA annual report.
All aye. Motion carried.
DISCUSSION ON CITY WIDE DESIGN GUIDELINES FOR RETAIL
ARCHITECTURE
At the City Council meeting of June 18, 2007 during the review of the Oneka Square project
located at 120th Street and TH 61 the topic came up of city wide design guideline for retail
architecture. The City does have downtown design guidelines for the downtown area of the
City, but not the entire City. The EDA discussed this topic of city wide design guidelines for
retail architecture.
The CD Director stated that this is a good idea because then developers will start at the level
of architecture that the City desires and not have to work towards them. Miron agreed. Bever
stated that he thinks this is important especially at the entrances of the City. Granger stated
that the retail architecture in Hugo does set an image for the City.
Miron made a motion, seconded by Granger to recommend to the City Council to create
design guidelines for retail and office buildings for the entire City.
All aye. Motion Carried.
UPDATE ON "WELCOME TO HUGO" SIGN AT SOUTH GATEWAY
Attached was the monument sign that was approved with the Oneka Square project for the
EDA's review. The EDA was pleased with the changes that were made to the sign for the
comments at the previous meeting. Granger stated that the sign may have to be elevated
because of the grade of the land where it will be placed.
UPDATE AND DISCUSSION ON THE 2008 COMPREHENSIVE PLAN
Staff will update the EDA on the 2008 Comprehensive Plan process and the June 20, 2007
workshop on the land use plan. Attached is the July comprehensive plan newsletter. The
EDA will have a comprehensive plan discussion at the EDA meeting on August 20, 2007.
INVITE TO THE POSTAL CREDIT UNION VIP EVENT ON JULY 18, 2007
The EDA was invited to the VIP Event at Postal Credit Union on July, 2007.
Klein stated that he was pleased with the community involvement that the Postal Credit
Union has had so far.
ADJOURNMENT
Granger made motion, Klein seconded to adjourn the meeting at 11:10 am
All aye. Motion carried.
Outline for EDA Annual Report
1. Demographic information for Hugo
2. Introduction with commercial and industrial activities
3. Pictures of ground breakings
4. Promote Downtown—Establishment of the TIF district
5. Festival Foods and retail center
6. Victor Gardens South Village (Fairview Clinic,Northern Lights Pediatric,
Kindergardens, etc...)
7. Postal Credit Union
8. Stockness Construction
9. Multifeeder Technology
10. Pearson Mechanical
11. Kidz Place Childcare
12. Oneka Pet Resort
13. Sermac America
14. 84 Lumber
15. Quik Trip
16. Blue Heron Grill
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The Postal Credit Union, located at 14750 Victor Hugo Boulevard was developed and welcomed into
the City in 2007. The building is 5,000 square foot building with a drive-up window. Founded in 1926
in St. Paul, Minnesota, the Postal Credit Union is a great addition to the City dedicated to providing full
financial services with safety and convenience at
competitive costs, keeping in mind the philosophy
of"Not for Profit, not for Charity, but for Service." 0
President of the Postal Credit Union, Russel 0
Plunkett stated that they have over 20 new em-
ployees at the Hugo location and is very pleased30
with the outcome of the building. The Grand Open- — ec mwwwiat and Jnd"kkd (tctiu4tie6...
ing was on July 18, 2007, this included a money
booth that raised over$1200 for the Hugo Commu-
nity Food Shelf. -
1
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2007 EDA Members
Fran Miron,President
Phil Klein,Vice President •
Jim Bever
Mike Granger
Jan Arcand
Tom Denaway
Brian Thistle
E. Historic Sites
127.The City should preserve historical sites and buildings.
128.The City will inventory, with citizen participation, existing historical sites;
and will consider plans for protection as deemed appropriate.
7.7 Economic Development
Goals
➢ To promote local business and industry in order to increase the local tax base,
increase local employment, and provide a full range of goods and services to
Hugo's citizenry.
Policies
129.The City should help promote the creation of a local Economic Development
Committee or Corporation.
130.The City should provide economic incentives for new and/or expanding
businesses to locate in Hugo.
131.The City should insure that adequate and appropriate land is locally
available to accommodate a broad range of commercial and industrial
growth.
132.Commercial and industrial land development shall locate only where urban
services are available.
133.The City should encourage quality commercial and industrial development
design using compact development patterns when possible.
134.The City should work to minimize land use conflicts that would unduly
impede commercial and industrial growth in areas planned for those uses.
135.The City shall continue its effort to effectively clean-up, fix-up, and beautify
the community.
City of Hugo Page 74
9.0 ECONOMIC DEVELOPMENT
The City of Hugo has identified economic development as a priority issue in its
comprehensive planning process. The Planning Commission's Economic Development
Committee produced a set of policy statements concerning the economic future of the
City. The policy statements set goals, standards and projected anticipated community
impacts of the proposed activities. The proposed activities require the City to take an
advocate position on commercial and industrial expansion, recommend general
locational placement of new development activities and become involved in the
formation of a local Economic Development Corporation.
Developing a structure to expand and enhance the local industrial and commercial base
in Hugo will require a truly grass roots approach. Currently there is no local Chamber
of Commerce (some business persons belong to the White Bear Lake Chamber), no
Housing and Redevelopment Authority, no Economic Development Commission or
Corporation and essentially, no vehicle to coordinate the local business community.
The local business sector has been exclusively a product of private initiative and
locational chance. The challenge to the City thus becomes both organizational and
directional. To this end the following plan is provided, including an assessment of City
strengths and weaknesses, general approach to economic development for Hugo, and a
suggested action program with specific activities.
1. Assets and Liabilities
Hugo possesses certain assets as well as specific liabilities in attracting local
industry. These factors are here addressed as strengths or weaknesses present in
establishing the goals and objectives for future economic development. Hugo's
strengths include:
➢ A high quality local environment
➢ A well-educated and skilled labor force
➢ Available raw land, potentially planned for industrial development
➢ Good transportation access to major markets
➢ Close proximity to the facilities available in the metropolitan Twin Cities
➢ A sound basic infrastructure
➢ A diverse range of housing, including "starter" homes and modest price
housing
The City's weaknesses arise from its inattention to the balance of commerce and
industry needed for a healthy local employment base and the subsequent strong
economic and tax base. While the laissez-faire approach to business is 'a
historically acceptable philosophy, economic competition has favored
communities conducting more aggressive marketing of their
commercial/industrial land. Therefore, these weaknesses have been identified:
City of Hugo Page 112
r
➢ A small industrial base
➢ Only one industrial park with appropriate city services
➢ A lack of communication between the City and the private sector
➢ A lack of coordinated economic development programs or promotion
➢ No downtown business area plan
➢ An uncertain industrial growth potential
➢ A negative State tax structure
2. General Ap roach
TY The City needs to strive to achieve a balanced mixture of land use in order to
stimulate economic development A balanced land use profile would stimulate
local employment, expand the local tax base, foster new ancillary service
businesses and thereby improve the City's ability to provide services. The City
can best achieve this balance by guiding and zoning land for commercial and
industrial development according to:
,LL 1) Utility - provide land that business and industry would want, i.e. good
transportation access, urban services and utilities.
` 2) Performance - adjust zoning regulations and guidelines so as to encourage
local business to expand in the City and new business to locate in Hugo.
ri
3) Organizational - the City should investigate in the formation of and
financially support the activities of a private non-profit Economic
Development Corporation, to foster expansion and growth of
commercial/industrial real estate in the City of Hugo.
Additionally, the City should enact an ordinance for the registration and
regulation of all existing and future home based businesses to provide
guidance to established and establishing home based businesses, to support
the adjacent landowners and to promote the safe use of infrastructure.
3. Action Plan
In assessing the City's strengths and weaknesses, the City has formulated certain
goals and objectives in order to effectively pursue policies appropriate for local
economic development The overall goal would be "to encourage the economic
development and vitality of Hugo". To achieve this goal, a series of more
specific goals and objectives have evolved from a recognition that;
➢ Expanded and more coordinated economic development efforts are needed
locally.
➢ Special attention to local industries is necessary.
➢ Expansion and diversification of the manufacturing base is needed.
City of Hugo Page 113
➢ Organization and development of industrial land is necessary.
➢ A redevelopment program for the original town of Hugo could enhance local
development potential.
Consistent with the overall goal are a series of goals and objectives designed to
be achieved within economic development projects. These goals are as follows:
➢ To establish an economic base which is diversified; by assisting existing firms
in expansion or relocation with the community; by attracting new firms in
Hugo; by providing the physical facilities necessary to attract manufacturers,
including local transportation infrastructure, utilities and assistance in
securing land, buildings and financing, both capital and operational,
necessary for business development.
➢ To retain existing business and to develop and maintain a sound local
business climate which encourages business to stay; and to develop an ability
to assist local business with city services, both technical and financial, in the
interest of maintaining existing jobs and creating new jobs for Hugo residents
and residents of the trade area.
➢ To achieve a level of industrial development consistent with the provisions of
the Comprehensive Plan as adopted and consistent with the City ordinances
which regulate land development.
➢ To establish and maintain a mutually beneficial working relationship
between the City and private enterprise by establishing channels of
communication among public agencies and private corporations involved in
economic development and to develop and initiate specific programs and
projects which will function to make Hugo competitive in retaining and
attracting business and industry.
4. Implementation Strategies
The clarification and establishment of goals are based on an understanding of
existing conditions in the community of Hugo and the surrounding area by the
Planning Commission and City Council. These goals are supported by a series
of objectives structured to meet annual work programs. The annual work
programs are composed of activities with workable strategies or policies and
projected results.
The Action Plan does provide for a broad framework for economic development,
one which can be reviewed on an annual or as needed basis and revised as new
information becomes available or conditions change. Therefore, objectives for
the first year of the action plan have been formulated but have not been
formulated for each of the following years. Individual activities are formulated
for each year of the planning period as a result of approved goals and objectives.
An annual review process (itself an activity) must be completed in order to
City of Hugo Page 114
establish achievable objectives for each year and subsequent work programs
with individual activities and strategies.
r
ti 10.0 IMPLEMENTATION
Hugo's first City Plan was written and adopted in 1973. The City revised the Plan in
lie": 1981, bringing socio-economic data and land use changes up-to-date. Few changes
were made in the plan which first described the City as divided between urban and
rural service districts. During the current planning process, all past plans have been
evaluated including procedures for preservation of the natural environment.
The City has been in the process of updating its planning efforts and official controls
during the past few years. This has resulted in the following:
➢ Clearwater Creek Area Transportation Study, 1994
➢ MSA Street Plan, 1994
➢ Comprehensive Stormwater Management Plan, 1994
➢ Homestead Avenue Pond Outlet Feasibility Study, 1995
These plans have been integrated into the Comprehensive Land Use Guide Plan in an
effort to coordinate the multiple layers of interaction involved in land use decisions.
10.1 Land Use Guide Plan
The Land Use Guide Plan projects a population of approximately 9,000 persons by
2010. Most of the residential growth and all of the non-residential development will
occur within the planned Urban Service Area, which has trunk sanitary sewer available
and will be serviced by lateral sanitary sewer, subject to the 5-Year Capital
IfImprovements Program. City plans provide the extension of urban services only into
areas within the Urban Service Area in order to provide developable sites for orderly
residential growth. These sites include affordable housing opportunities as well as
orderly commercial and industrial development in order to assure a viable tax base,
increased services and employment.
The Guide Plan is projecting an estimated 2010 sewage flow of .53 mgd from a sewered
population of 4,800 persons. This translates to approximately 280 acres of developable
land based on suburban residential densities. Extension of sanitary sewer services
within that growth area shall be in accordance with the adopted Capital Improvements
Program.
City of Hugo Page 115
VOLUME 1, ISSUE 6 AUGUST 13, 2007
CITY OF HUGO
2008 COMPREHENSIVE PLAN UPDATE
NEWSLE'T'TER
c In this issue:
joint City Council and Planning joint City
Commission Meeting to Discuss Land Council and
Planning
Use and Infrastructure August 23, 2007 Commission
Meeting
On August 23, 2007 there will be a Joint City Council and Plan-
SEPTEMBER
ning Commission work session to discuss a future land use plan
6TH. 2007 OPEN
and the future infrastructure for the City. The public is invited to
HOUSE
listen to the discussion between the Planning Commission and
the City Council at the work session. July 23, 2007
Meeting Update
The Council and Planning Commission will be presented a draft
future land use plan that was worked on at the previous joint visit The city
meeting on July 19, 2007. The reason for presenting the land use Website
plan is to provide a working draft of a plan that the public, Your Role As A
Council, and Commissions can work with at the later meetings Citizen
on the 2008 Comprehensive Plan. With the new future land use '"""""""""""""""
plan many parcels have changed in terms of a land use cate-
gory. Most changes to the land use are not significant and are
simply a name change, but others are complete land use
changes.
There will also be discussion on the City's growth management
policy regarding the location and rate of future development
occurring in the City.
What is Infrastructure? Woo',
It is a term for the public improvements made to a community
such as sewers, roads, bridges, and public utility installations.
At the August 23 meeting, the Council and Planning Commis-
sion will be presented with the current infrastructure in the City
and will have discussions on the future infrastructure. These
plans will include the sewer and water systems, possible future
transportation corridors, and ideas for water conservation.
Transportation will be talked about in terms of existing planning
efforts for major corridors in the City and planning efforts for
future corridors for the City. There will also be discussion on
the needs for locations of future water towers and how much wa-
ter storage is needed for the towers. The presentation of the in-
frastructure plans for the City will also include a discussion of
financing.
2008 COMPREHENSIVE PLAN UPDATE
Page 2
SEPTEMBER 6, 2007 OPEN HOUSE
Please join us at the September 6, 2007 Public Open House to review
a draft of the future Land Use Plan, the future infrastructure plans for
_ ! the City, and the growth management policy for the City. The draft
plan is a direct result of the input provided by the public over the
last several months. This is your chance to come and review the
plans and provide comments on the specific land use changes with
the new option. Remember this is a working document that we are
requesting thoughts and comments on. This will be an open house
F
t format to encourage residents to walk around and review drafts of
the plans. There will be comment sheets for residents to fill out
about their thoughts on the plans. Please come join us at this event!!
Joint Council and Planning Commission
Meeting On July 23, 2007 Update
The Council and Planning Commission were presented three future
"The land use options for the City. They discussed each option in detail
achievement with consideration of the goals and strategies that were formed at
the previous workshops and open houses. They directed staff to
of your goal create a new future Land Use option with the comments provided
is assured and present it at the August 23, 2007 joint City Council and Planning
the moment Commission meeting.
you commit Visit The City Website!
yourself to
it." On the City's website there is a lot of information on the 2008 Com-
Mack R. prehensive Plan in regards to what the comprehensive plan is, what
items are included in the Plan, and the process the City goes
Douglas through to complete the Plan. Please visit the website as a way to
stay informed with the Comprehensive Plan process.
Your Role as a Citizen
Stay informed and provide feedback. This newsletter will be available
on the city website throughout the Comprehensive Plan process to pro-
vide you with updates. Attend open houses and workshops to gather as
much information as you can, review maps and policies, and provide
comments to the City. You can email us at info@ci.hugo.mn.us, call the
City, go on the City website, or stop by City Hall to ask questions or
provide comments. Thank you for your effort to be a part of the Com-
prehensive Plan.
HUGO CITY HALL, 14669 FITZGERALD AVENUE NORTH, HUGO, MN 55038
PHONE: (651) 762-6300 WEBSITE:WWW.CI.HUGO.MN.US
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Call today to reserve your Showcase for 2006. Sheila Bennett — 612.584.1544
Dates are limited. David Seawell - 612.584.1545
� � � Know the Market - Build Relationships
Real Estate Our readers get it - 52 weeks each year
Commercial..-.il,Industrial,Multi-Housing,Inv M—t
PROJECT SHOWCASE
PAST ADVERTISERS
Adolfson & Peterson Construction Geomatrix- Due Dilligence Molin Concrete
Alliant Mechanical Gilbert Mechanical Contractors MS Contracting &Assoc.
Anchor Block Company GME Consultants Newland Architecture
Architectural Alliance Granite Tops Nordic Insulation
ArtekaCompanies- Landscape Gray Plant Mooty North American Banking Company
BARR Engineering Co. Gresser Co. Northland Concrete & Masonry
Bituminous Roadways Grubb & Ellis Real Estate Services Ochs Brick& Stone
Bonestroo Rosene Anderlik& Hanuschak Consultants Structural OlympiaTech Electrical
Associates Engineers Olympic Wall systems, Inc.
BKV Group Harrington Marketing Oppenheimer Wolf& Donnelly
Borson Construction Haugland Company OPUS
Braun Intertec Hayward Baker Geotechnical Palanisami &Assoc. Consulting
Brin Northwestern Glass Co. Construction Engineers
Cabinetry by DesignSchemes Hedlund Planning Engineering Peer Engineering
Cities Management Surveying Real Estate Equities
Collaborative Design Group Hoisington Koegler Group Inc Real Estate Recycling
Collins Electric Home Electronics Systems - Manny's Roof Tech Commercial Roofing
Cornerstone Group Electronic Interiors Schoell Madson
Damon Farber Associates HomeValu Interiors Shaw Stewart Lumber Co.
DayCo Concrete Co The Javelin Group Smith Brotheres Decorating Co
Design Group M J Berd Mechanical Contractors Inc. Stock Building Supply
Domain Architecture JE Dunn Construction Stotko Speedling
Doug Speedling Builders Kennedy& Graven Sunde Engineering, Inc
Earth Tech -Tyco Kraus Anderson Co. Sunran Construction, Inc.
Edina Realty Krass Monroe P.A. Sunrise painting &Wallpaper
Ehlers LandAmerica Commercial Services United Properties
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Enviro Bate Environmental Lincoln Drywall URS Corporation
ESG Architects Mavo Systems US Bank
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Real rye
___-__ _ PROJECT SHOWCASE
A Special Advertising Section of Finance and Commerce Real Estate Thursday,Saluting Minnesota's Top Real Estate Projects
Mound calls on its past to shape its future
The train pulls into the depot of this village known
as Mound-named for its collection of Native
American burial knolls and known for its family
resorts and the best fishing on renowned lake
Minnetonka. Eager passengers step onto the platform
r " into a different world from the one they left in down-
141r town Minneapolis. Visitors pick up a few essentials at
l the grocer,walk to the pier and board a small steamer
-� waiting to carry them to cabins and resorts.
K "a 4r"'r• That was the scene in downtown Mound during Lake
Minnetonka's thriving resort era in the 1910s and'2Os.
_ While the resorts are gone,replaced by homes,the scene
is being rebuilt In a monumental effort of publiclprivate
partnerships totaling more than$200 million of reinvest-
ment and years of work,downtown Mound is once again
becoming a destination.
1 The effort is called Mound Visions and the vision grew
out of need. Despite its rich history,Mound's downtown
had fallen on hard times by the mid-1980x. The resort
I+� em abruptly ended long ago with Black Tuesday. More
recently,shopping patterns had changed to the detriment
�i of places like Mound. Famed Tonka Toys was sold and
"^^_•�' `i'�a '"�=`�' --^'-'' moved from its Mound birthplace to Mexico. And that
t •+—.�.' canal from lake Minnetonka to the Mound depot?It
Lafayette Hotel on Lake Minnetonka near the turn ofthe last Century. was all but forgotten-overgrown behind dumpsters,a
gravel alley and piles of road salt.
The community,however,desired a different fate. The city completed a strategic
downtown plan in 1990 that,among other things,suggested an organized down-
_ - town revitalization effort. That effort,soon known as Mound Visions,took root
with the adoption of the downtown master plan in 1992. The master plan was
aggressive,with the suggestion to essentially tear down the entire downtown and
rebuild it with mixed-use buildings,reroute a county road,build a new main street,
Engineering transit center and farmer's market,rehabilitate the canal to Lake Minnetonka and
M F R APlanning build a public marina. The strategy was(and still is)to create extremely com-
Environmental Services Palling public amenities and pedestrian spaces as a framework for private redevel-
opment The city learned quickly that flipping Mound's tarnished image and attract-
Surveying Frank Robs ing private investment would require bold moves and public"seed"investments in
assaculet inn. Landscape Architecture key amenities like the canal and main street.
At the time it was unveiled in 1992,the idea of building a traditional downtown was
14800 2&h Avenue Nath,Sule 140 (p)763.476.6010(t)763.476.853P sern1-radical Urban designer Bruce Chamberlain,vice president with Hoisington
I{oegler Group,remembers a prominent area developer warning him that such an
Plymouth.Mmnesola 55447 WMsile:www fmc»m E-mal:mlra@mha.can .............................................................................................................I..................
................................................
PROJECT SHOWCASE ToPAGE 12
HIK
M � .presents
iMoundA,
;r - .• • has the s•• ni
HKGt has the iniaginat
r
environmentThe everyone's
and we make it our priority.EARTH TECH.
Together, vision
0• r
PROJECT
A Special Advertising Section of Finance and Commerce
Continued from page 11
.............................................................................................................................................................................. _
aggressive plan would never be realized. But the community had unwavering dedi-
cation,especially to a plan that focused on its Lake Minnetonka heritage. yI�
The hurdles were at times daunting says Kandis Hanson,Mound city manager. "Soil
contamination,county road and post office relocation,utility undergrounding,rail - 5
abandonment,new street rights-o[-way,not to mention that the permits required to f G':sa.o - :NA,--
dredge a canal and build sixty boat slips has kept us focused and savvy" With the t
expertise of a top notch city staff,legal and financial counsel from Kennedy&
Graven and Ehlers&Associates,environmental consulting from Earth Tech,engi-
neering from MFRA and urban design,landscape architecture and Mound Visions
coordination from Hoisington Koegler Group,the public-realm team of this effort _
has accomplished amazing feats.
Enter the development community. Early skepticism turned to passive curiosity,
and ultimately to financial commitment with Mound's establishment of a downtown
tax increment financing district and completion of early infrastructure projects.
The recently completed downtown pier and marina
The catalyst redevelopment project by a local hardware retailer in 2000 was quickly
followed by a mixed-use retail/housing project by MetroPlains Development and a
' -' new downtown post office.These early projects were critical in demonstrating
•_?`,; " .i market success and establishing the flavor for the important"main street"projects
to come.
s Mound Harbor Renaissance LLC(MHR),a consortium of development interests,
was selected by the city in 2001 to redevelop three high-visibility main street dis-
tricts in downtown. MHR and their consultants,including Maxfield Research,
_.r ...sr .�.. Landform Engineering,Barr Engineering,Faegre&Benson,Krass Monroe and
• Edina Realty have embraced Mound's vision for a traditional downtown and proven
e• .
- ._ KRASS MONROE IS PROUD TO HAVE PROVIDED
- THE FOLLOWING FINANCIAL AND LEGAL SERVICES TO
THE DEVELOPER, MOUND HARBOR RENAISSANCE, LLC:
• FINANCIAL ANALYSIS • REDEVELOPMENT AGREEMENT
A • • • PROJECT FEASIBILITY • FINANCIAL SOLUTIONS
P
P
JIM CASSERLY GAY CERNEY MARY MOLZANN GREGJONNSON
TEL 952.885.5999 WWW.KRASSMONROE.COM FAX 952,885,5969
4 a
ENVIRONMENTAL LIABILITY ..DEVELOPMENT OPPORTUNITY TOMORROW .
ROAD
CLOSED
,Barr Engineering Company is woj king to turn a former dump
WE GET YOU PAST THE ROAb BLOCKS
site in..wntown Mound into a safe site fadevelopment.
Nke itongratulate the City of Mound and Ailound HarborRenaissance DeNelopment,I.I.C.on[lie approval of Vhtt,e I
of the do%%iito%%n Mound recic%clopment project.
0 NJ
SHOWCASE
Real Estate Thursday, Saluting Minnesota's Top Real Estate Projects
- _ ket interest of their downtown units prove the
iitu�er" �1y. - sophistication of today's home buyers who
are interested in a Hill package of high quality
+ t
amenities that flow from interior details to
a
building architecture to site design to inviting
f}}
public spaces."
a y�n - 3 The public/private teamwork of MHR and
-- �; 4P►- �R - ." '� the city is gaining wide recognition and sup-
_ port. In 2005 alone the team has secured
nearly$5 million in grant funds and received
large awards from Hennepin County's
-0Ai A
Transit-Oriented Development grant and the
Minnesota Department of Employment and
Economic Development's environmental
,ill �:_� K'� grant The project has also been recognized
�`._A _ with significant financial support from the
Minnehaha Creek Watershed District as an
by y ,��. "•rya rra a a..-'- innovative model for stormwater treatment.
�4 The Mound Visions effort will be complete in
3008. All told,over 350 housing units within
a five-minute walk from a downtown transit
%'• -;fix+. center and 150,000 square feet of commercial
space will have been built. The effort will
�,,• _ - result in roughly$40 million in public
invest-ment and another$160 million in private
Mound Visions downtown master plan investment Property taxes generated from
this small downtown will increase to 25
times their pre-development levels. When
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
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-
in quality design and innovative stormwater systems. Tom Stokes,president of tudes from defeatist to confidence. I'd say it's been worth it".
Brenshell Townhomes,one of the development partners,says that"the intense mar-
Honored to be a part of the Mound Redevelopment Project
�� s ail � •
Real Estate Research&Consulting
�`. . Market Feasibility Studies Mound Office
. Comprehensive Housing Studies
. Consulting Services
Land Use Planning Proudly supporting the Mound Redevelopment Project.
e Commercial Arialysts Vl.d{dd fl,—h.1—
. Market Assessments 6,5 Fir>,A.cn""N-b.S-111 4-
14—ph,.VN 5i43
Phouc ma 338.00u Fu 6u.qoy.
For more information:952-475-2411
mad,eldre arch.co wa•.rdinaralryco
EXCITING NEW MOUND RENOVATION! M
ENjoy
r A
} y. C H A R T E R E D
OUKE MINN
• r ;in £S 3i1I
Congratulations to the City of Mound for its
economic development accomplishments.
A 612.337.9300"Toll Free:1.800.788.8201-Fax:612.337.9310
r37 lumry tovmhomes 17 of these 200 South Sixth Street,Suite 470,Minneapolis MN 55402
"okLost Lake,
lYlsit us at wwwAennedv-graven.eeet
with any of the remaining homes
h.,IHg perdu Commoin areas
: 17-11001AW VAN include a neighborhood pool and ay
greenway
- their
will foot boat slip on Lake Minnetonka. EHLERS & ASSOCIATES
rnomDesigning Outstanding Financial Solutions
for Outstanding Communities
MIJCE STTADMANEhlers&Associates is proud to have provided the following public
612.296.0900 financial advisor services to the City of Mound on the -
a' Downtown Mound Development Projects:
PATTI JO ♦Redevelopment Management
r ♦Tax Increment Financing
MATTHEW HERMANN ♦Bond Issuance
'
9514754910 Contact(lave Callister at Ehlers 8 Associates EHLERS
www.thevillasonlostiake.com Edina Real (651)697.8553 or deallister@ehlers-inc.com S .s 5 0 C,A:E 5
SI �,/ Department of Employment
J Y and Economic Development
m
July 23, 2007
Mr. Bryan Bear
City Of Hugo
14669 Fitzgerald Ave N
Hugo,MN 55038-9301
Dear Mr. Bear:
You've probably heard the very old story about how to boil a frog.Drop it into a pot of
hot water and it simply jumps out. But place the frog into a pot of cool,comfortable �r ral
water,raise the heat slowly,and eventually you have an oblivious,boiled frog.
A changing world economy is turning up the competitive heat and slowly,almost imperceptibly,our economic frog
is getting cooked. Increased productivity means that fewer workers produce more.Jobs are being simplified,
automated and often exported.The new economy requires vastly different job skills than the traditional economy
did. In a flat world,there are no inherently Minnesota jobs.
Advancing Minnesota's economic prosperity requires leadership and collaboration. This summer the Minnesota
Department of Employment and Economic Development is convening a series of eight regional competitiveness
forums. Our goal is to bring together state and local leaders to identify the partnerships and strategies we need to
develop globally competitive communities and robust regional economies for the 21st century.
We're inviting local elected officials,legislators,workforce investment board members and staff,economic
development professionals,higher education leaders,school board members,business owners, media
representatives,and others to address Minnesota's critical workforce and economic development issues:
• Does our approach to workforce development produce the workers we need?
• Do the"silos"that separate workforce development,economic development, and higher education still
serve our regions well?
• Should we consider new organizational options, such as changing our workforce service areas to reflect the
new realities of the 21"century?
• What's most effective: a single statewide competitiveness strategy or several regional strategies?Can we
develop a statewide strategy that comprises several regional strategies?
• Will employers benefit by helping with mentorship and internship programs or other approaches?
• What other competitiveness strategies should we be exploring for Minnesota?
The times and locations for the remaining forums are shown on the attached list.The program is free and open to
anyone who would like to attend.We would appreciate having your registration so we know how many people to
expect. Please bring your questions,your ideas and your suggestions. I am looking forward to meeting you and
working together for a bright and competitive Minnesota future.
Sincerely,
Dan McElroy
Commissioner
Department of Employment and Economic Development
1st National Bank Building• 332 Minnesota St.,Suite E200 • Saint Paul,MN 55101-1351 •USA
651-297.1291 • 800-657.3858 a Fax 651.215-3841 •TTY/TDD:651.296-3900 •www.deed.state.mn.us
An equal opportunity employer and service provider.
Minnesota Competes Forum Schedule
4@vk Attendee check-pin begins at 8 a.m. 44alit
2 1 st Century Action Forum runs fYOm 0:30 a.m. to 12:30 p.m. 21 st Century Action
for Ecor kand W..f. eDeael.—I ror Economicand Worf—,D ,(op,e
Region City Place Date Registration
St. Paul Technical College
South St. Paul 235 Marshall Avenue Wednesday On or before
Metro August 8 Wednesday,August 1
Room: Cafeteria
Ralph Engelstad Arena
Thief River Wednesday On or before
Northwest Falls 525 Brooks Avenue North August 15 Wednesday,August 8
Room: Imperial Room
Brooklyn Park Community
North Brooklyn Activity Center Wednesday On or before
Metro Park 560085 th Avenue North August 22 Wednesday,August 15
Room: Community Room
Holiday Inn
Southeast Owatonna 2365 NW 43rd St Friday On or before
Owatonna, MN 55060 August 24 Friday,August 17
Room: Ballroom
Registration Instructions
• Preferred Method: Log onto www.positivelyminnesota.com . Under"Hot Topics"click on
the"Minnesota Competes logo'and fill out the short registration form.
• Email Minnesota.Competes@state.mn.us and include your name,telephone number,
organization,and address.
• Call 651-297-1391 and leave your name,telephone number,organization,address and forum
session you will be attending.
MINNESOTA Application Procedures
Investment Fund Eligible Applicants Applications are accepted on a continuous
IBM basis as long as funding is available. The
The Minnesota Investment Fund (MIF) program Eligible applicants for state funded MIF assis- maximum amount available for each project is
is designed to stimulate economic develop- tance are local units of government, including $500,000 and the MIF program can provide
r ment activity by assisting towns, cities, counties and Indian tribes. Fed- no more than 50% of the project costs. To
Minnesota's private sec- eral funds are available to HUD's non-entitle- determine the eligibility of a project, the local
for to create or retain the ment local units of government. Applications unit of government should contact DEEDs'
highest quality jobs possible cannot be submitted by a business. Senior Loan Officer early in discussions with
with a focus on industrial, the business. The business will be asked to
manufacturing and technol Eligible ACtIVItI@S provide a business plan, historical and pro-
ogy related industries. The forma financial statements. If it is determined
Loans to Businesses: Loans can be made for
program assists businesses I that the project is viable the local unit of gov-
by providing financing at land or building acquisition, construction, and ernment will be invited to submit a complete
reasonable terms and inter- equipment. The local unit of government must application.
est rates and by providing perform its own due diligence on the business
public improvements that to be assisted. The business must provide the Creating a Revolving
" support these business same documentation that is requested by a
projects. The program funds are used when a bank prior to making a financing decision. The Loan Fund
funding gap exists and alternative sources of interest rate and collateral is negotiated and When state funds
public and private financing are not adequate. the loan term is set based on the uses of funds. ; are provided to a
Personal guarantees may be required. local unit of govern-
infrastructure Projects: Federal funds, pro- ment, the grantee
Funding Sources
vided in the form of a grant, can be used to may retain 20% of
Funding is available for the program through build publicly owned infrastructure such as wa- the repayments.
the Department of Housing and Urban De- ter, sewer, and streets that support a business The remainder is re-
velopment (HUD) Small Cities Development start up or expansion. Applications for public turned to the DEED
Program (federal funds), a one-time state improvements are reviewed using the same to supplement the
appropriation, and the MIF Revolving Loan procedures as for loans to businesses. J MIF Revolving Loan
Fund (state funds), which are repayments from Fund account. When
state funded projects.
a project is awarded s
with federal funds
Jobs and Wages Na. g �r
the grantee retains
Each business project must create jobs that ;Awpw ! all of the repayment.
pay, at a minimum, in outstate Minnesota, $10 i The revolving loan .,
per hour in wages, exclusive of benefits and at Ineligible Activities fund policy for the
least $10.92 per hour including benefits. In the 1. General community promotion reuse of the funds
seven county metropolitan area, the business ,r 2. Assistance to professional sports must be approved
must pay a minimum wage of $13 per hour, by the Departments'
teams, retail businesses and casinos Senior Loan Officer.
exclusive of benefits. The use of federal funds '""*
follows the same criteria, however 51% of the
3. Industrial park development Determinations as
jobs must benefit low and moderate income 4. Working capital to the source of
people. 5. Refinancing of existing debt funding to be used are made by the Senior
Loan Officer.
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,` Finance Regions
Investment Fund
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Economic
Contact Us g,
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Development
.1-teg-ion Business Loan Officer
1 2 Bart Bevins .2 p in Your
651-297-1170 L: :t_-
bart.bevinsCstate.mn.us Community
3 4 5 7E 7W Carol Pressley
651-296-3898
carol.pressley@state.mn.us
6E 6W 8 Bradley Simenson
651-296-1145
bradley.simensonC�state.mn.us
9 10 11 Cheryl Johnson
651-296-2596 E >
cheryl.johnson@state.mn.us w w 0
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A PROGRAM OF THE W = E E w
Minnesota Department of Employment @ W Lij
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and Economic Development _ ° obb
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1st National Bank Building E .F-
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332 Minnesota Street, Suite E200
E m
St. Paul, MN 55101-1351 3
1-800-657-3858 • Fax: 651-296-1290 o
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www.deed.state.mn.us BCD-0034 2z
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