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CCP 09-26-2006
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CCP 09-26-2006
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<br />. <br /> <br />reiterated that the use of eminent domain will be a Council decision. <br /> <br />Motion by Harmon, seconded by Delaune, to recommend the Council to <br />acquire the land in order to keep the original Northwest Quadrant Plan <br />moving forward. All approved. <br /> <br />Black reported that the developers have named the residential development Long Lake Landings. <br />The developers have also stated that they will be hosting a VIP open house on September 7 from <br />3 to 7 pm. They would like to have the kickoff before the fall Parade of Homes and will have <br />their sales trailers up very soon. <br /> <br />Housing Develooment <br />Black reported that there are several contract amendments that will be presented to Council <br />tonight, with minor changes proposed to the site plan. He added that there are 674 units in total <br />proposed for the west side. Kaufhold asked how many units are planned for the east side. Black <br />replied that there will be an additional 250 to 300 units on that side. <br /> <br />. <br /> <br />Harmon inquired if there is a new site plan with the updated layout and if it had gone before the <br />Planning Commission. Femelius replied that there is a new site plan with the modifications, but <br />it has not gone before the Planning Commission. The Council will be receiving the modified <br />contracts at its next meeting. <br /> <br />Office Development <br />Black noted that the City has not heard from the Teamsters for about three weeks, but staff will <br />continue to monitor their interest. Sherman relinquished their rights to the bowling alley site and <br />if the Teamsters are not interested in building on it, the site can be marketed separately. <br /> <br />Black reported that the City received only one response to its Request for Qualifications. The <br />Dahlke and the bowling alley sites were not in this round of advertising, but may be added if the <br />City decides to initiate this process again. The City did receive a response from Anderson <br />Builders who is representing a medical device company. That company is looking for a site to <br />build roughly 20,000 square feet initially with eventually up to 130,000 square feet. They did <br />not provide a full proposal and unfortunately, because of the dump cleanup requirements, it may <br />be difficult to meet their timing expectations. <br /> <br />Delaune stated that he is shocked that there was only one response and wondered, if there is an <br />issue with the site that needs to be addressed. Black replied that the response speaks to the <br />market, and while it's improving, it is not yet strong. He added that the current market is for <br />"build to suit" projects and the market will need to recover before developments will be built for <br />speculative tenants. <br /> <br />. <br /> <br />Financine <br />Black reported that the application to the Metropolitan Council for Living Communities <br />Development Account was denied. The cleanup can begin without securing outside funding, but <br />the City is looking into other possible grants. <br />
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