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2018.01.09 CC
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2018.01.09 CC
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Economic Development Commission <br />2017 Year End Review <br />►Continued emphasis on physical redevelopment in <br />New Brighton Exchange: <br />Project Updates <br />►Pulte construction complete as of December 2017 (Lion’s Park compliments this <br />development well) <br />►APi discussion regarding sale of 3rd property w/delayed development –sale <br />recommended (sale closed on December 19, 2017) <br />►TUV SUD America, Inc. development of Block D (37,000 SF +) <br />►2-year extension of Ryan Companies Redevelopment Services Agreement and <br />Colliers’s Listing Agreement <br />►Winter 2018 New Brighton Exchange e-newsletter coming in January <br />Financial Projections <br />►Examined updated TIF Management Plan –financials continue to improve due <br />to growing market values and earlier than expected completion of Pulte <br />Environmental <br />►Pursuing Amendments to the Landfill Gas Contingency Action Plan with MPCA <br />►City staff presented on New Brighton Exchange at National Brownfields <br />Conference in Pittsburgh on December 6, 2017
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