Loading...
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 A majority of the economic development section is out of date and will be updated with the new comprehensive plan.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 IN M"tat ('mac a un" & a " in mugff1 J .... 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 1 • 3• 1 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 :1 I11 X11. ■ �IIL� Y 1� � IINII/' ■-�1■■ IN ■ ■�"�-N� � Ali /. �■�■ rJ - - - - - ■ _�� �=, ~�_:� . .� ��.■.� 1111- _ F In ' �s� L:.!�L� a_. ■�� �' 'ale .11 1. �ill I 1 IN- ■�';_ ■ . . . p�: , W. IJI iII/!�/_ —� 1111 IJI .,\\\■.■.�, .I — I--Mw ��. Y:' _.r µ'ms �� • "'S ~"ar Int: u■Lnn.oliA��.- Y ��: --- ����.��I IG ��;_ �„;;= • — — 1 11 111 lf s; I, 1 F: � W INAWEAND OMMERCEReal Estate PROJECT } Commercial,Retail,Industlal,Multi-Housing Investment E O�C��E Know the Market - Build Relationships Our readers get it - 52 weeks each year a Z, Project Showcase is a special advertising section featuring outstanding Minnesota building projects. It appears in Finance and Commerce Real Estate Thursday. Your project story reaches Minnesota's fastest growing real estate audience. Yet. Y N` The PROJECT SHOWCASE special advertising section includes: ,, • Pictures of the project with text to tell the story: How it all came together and what makes it significant •Affordable sponsorship ads—for the project contractors, subcontrac- tors, architects, lenders and others,—surround the text and photos FOUR COLOR •Exposure to our highly interested readers PROJECT SHOWCASE •An opportunity to market your services, products and skills directly to Anchor: $800 the industry ' A pat on the back for a job well-done. Double: $640 . Single: $345 BLACK &WHITE PROJECT SHOWCASE Anchor: $500 PROJECT SHOWCASE Double: $540 - SINGLE Single: $295 4.9 x 2.5" DOUBLE 4.9 x 5.25" ,anchor's story in SINGLE photos and text g DOUBLE "` DOUBLE ANCHOR DOUBLE SINGLE SINGLE Sample layout.Ad placement,story and photos may vary. �FINAN�tiV,p To submit your project for consideration,contact your Finance (�O*,��,{ERCE and Commerce Media Group advertising account representative lVJ lYllYlLltiV or call Sheila Bennett - 612.584.1544 sheila.bennett@finance-commerce.com ElmReal Estate What makes a Project Showcase Commercial,Retail,Industrial,Multi-Housing Investment Know the Market - Build Relationships so valuable? Our readers get it - 52 weeks each year •Pictures of the project and tent tell the story: How it all came together and what makes it significant ROJECT •• Exposure to Minnesota's largest real estate audience •Affordable sponsorship ads—for the project contractors,subcontractors, HOWCASE architects,lenders and others,—surround the text and photos A Special Advertising Section of Finance and Commerce Give your subs and yourself Real Estate Thursday, Saluting Minnesota's Top Real Estate Projects a pat on the back for a job well done. Only Finance and Commerce can make you look this good to the people you work with. ATER- n' ��ttemA„Ner EDGEW Ne o "Gatewayt Me etthe w Upto Et1Aew.urr .l;e C �•[�14Y,n C Uas nu "[ IAm. Unw A unxlao',�e l.allwu ll tumkeY "� can t TI E[Ige al r� FA6ewatrc(eatu ,old:[< to UW •t[e bcmK� ... I G;LLewaY �t nt aVt�lts t WoN ,xt the.Aber nve nonts aro tcaclots. k ,n.mcnYn.�f+atxl cmt . 1 e lteAri level of the btitl l d• t. (or owner to conttaal U v own drtlgt e m I.000 to 3.1MM1 ,n are nra IV I ftl �a,p. [l.n Imark sisite lh`v a-gnbto- µ'•k Ames Lake Neighborhood project provides a successful model (§ rhe uWaost eMAnncr. a S for addressing mixed-income housing redevelopment _mthntn„�ga� r ! t r,l t r A FtheA, •t^i,Ahnitsmg. d t 1 Wlw f 14 ` 41 kartau Y.I`anlbF -ryt.l F« tY n [ WEE) Ft, the S[f N IMa wn[.nJ Ec"txn t Mt"T Ire ll t: arc l.q w «. tl�e I IWnI face'krp n rkp mtlentvCVE ([ • sty' . [ 1 Jett ar a lel f tkl 1''re touting *. _ ^ "a. =' n.k. Iopnxnt rtt the Tw n(,n,.�ImA:rcnrzw na. t`� a 4' I - .. _ .. wig ..... .�.. .Mxw lakr Nrikhbotfloral,sibwl vI at nR[hc Phil n I.ak 7(. .t Ak S M t Aa• —'3.... [ FLszelwowl and Uarclay st+eets MI th ea[an I est atM bTAofaornlrnnure bIua�hanxsrt.tth.-et adMnsorntinle0yka,.ulWM,MrdMsncaweonn[f•hta.•}IIt:1 rM e-fAe nn- mcf,+e[lRourt,S.hret.MtnraM[` uM n the w Ch bMoy.A,l.0eA.at•ad;abwy h• sba.•.S -'•;u eSC bond..kn ;h,din - 119 �a[•'{(` ., T ':.� '+N.. ��,�.• n,K «notiar Read Estate .� .. art�n. b UL IS atriple s 4 �ar1 ou `�►l -� �1 ua iia Fraax< ,elm lia.lpnkla<e uuneA[Y s"'�J dOnueoltp Rine lak ,es ao,ire,cy,[ahed the ce. �.. ..- �':`. jI; fink oa�plat nacM1edaled fat ' xtca)`" yty' �Atus lmaNatr' . . y Rralk�aatelL��kaltecdae�TM' t resytKla�to�t��` � �A. -— y"?a��� t kkotitwd CM��y co[V 1�U.twcc. a+nuWaN�M� att< �` CMn°u ,W,ix,kYm 'k hoc aYe£� •tR o`al�Va'^e�, 1Woadd cr4xe -. tkv�t goals n.-A— ll — WY,e `�:du+tAta n �yuttn4tt;t,�l1 Y1a•�tlae"ln`.e t„mttwa,ud onan"� h4 �st I k na�um Y �,t„y lmd^`, a@y;d• ty to think .�x,t>aw g:dw tw,w- k[wNrnmM rM ` ,We t�ye[Ixrawa+kingtro[,t:�it;rtxaldmA' .n,kktn y,nau t^J"'t�."w^n�•�.”"� rawae luntaean tout., voes t .ckr st �'A ni ming ww'efair In In A, kYk t�va" to the ,agteeuva"aeTha.pence ooh Rrar"�patia�"ila�n.twnr�torc. 'nt'}no'� yY„at r tr It- a :W. n'xt�atnl the ,zwt y c"anc wddwt .w,tetnaer uda. _..,.[.w rex uxe`ne[acro�,"tit•t[tan� '�ta x`w` "�,w� k�atlsn,r I [ra„ cow-Ae tM'` +' for the atitacwatx'1.+ Itn, tu Sp•IN _ �,..n..l m ntnce.tK'"^•�yonahle yd y.Fd< h ayetM% �atecenv� Ac(n"�b� UdAud�bb" to td^ tkk x,N- 'A offer�)I �` '� s uwnxll^&�nh°"Na care IxaklhaYrs t�ax,tn M. ;cast 11,tt^ ` bm ex�,� .. ,i�,4 t( 1 1 [ ill. Irc.nl F,tate I l A A tFrna t .Aa d t1 xM Mat wAl+ 411.1w tk`rtd 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 Elness Swenson Graham Architects Landform Urbanworks Architects Enviro Bate Environmental Lincoln Drywall URS Corporation ESG Architects Mavo Systems US Bank Excel Bank M&I Bank Veit Companies Fabcon MCI Paint & Drywall Welsh Faegre & Benson Maxfield Real Estate Research Wenzel Plumbing Heating Cooling FarNorth Windows & Doors Metro Millwork Winthrop &Weinstine Financial Freedom MFRA McCombs Frank Roos Witte Interiors Flannery Construction Miller Hanson Partners-Architects WNC Inc Frattalone Companies MMA Realty Capital 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. Z N � ca a �A 3 ffi 4SIC _ -- 7 Minnesota's - +� �7W... Office of Business MINNESOTA— ,` Finance Regions Investment Fund . ... Z — T - d < _ Stimulating T Economic Contact Us g, co /LO 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 GE V E O ._ o A PROGRAM OF THE W = E E w Minnesota Department of Employment @ W Lij w. and Economic Development _ ° obb o 1st National Bank Building E .F- 1 332 Minnesota Street, Suite E200 E m St. Paul, MN 55101-1351 3 1-800-657-3858 • Fax: 651-296-1290 o E y C www.deed.state.mn.us BCD-0034 2z 6/07 2,200 H N QJ D m o n M M V) .-+ (n