Minutes

New Brighton Economic Development Commission

Regular Meeting – August 8, 2000

7:30 a.m.

Roll Call

Present:	Rakesh Agarwala Bob Benke, David Black, Carol Frey, Dennis Flahave, Matt Fulton, Linda Harmon, Ann Hoffman, Ken Johnson, Steve Larson, Kevin Locke, Maxine Pierson, Rosalyn Scaff

Guest:	Jim McComb

Absent:	Gene Delaune, John Kaufhold, Mark Nelson,

Call to Order

John Kaufhold, called the meeting to order at 7:35 a.m.

Introduction of David Black, newly hired Assistant Community Development Director

David comes to the City with many years of planning experience. He has worked in commercial real estate, acted as Chair of the Falcon Heights Planning Commission, and has worked in the planning departments of both St Paul and West St Paul. One of David's responsibilities will be to act as the lead project manager for the northwest quadrant redevelopment. If you have questions for David please call him at (651) 638-2060.

NW Quadrant

The City continues to work with Kent Carlson and Craig Rapp. Craig Rapp will act as the project manager for the Ryan team. Through conversations with property owners, the Ryan team has concluded that a number of property owners are interested in possibly selling their property. These sites include Darling, Key's Café, the Bowling Alley and Dalke.

A team is being assembled to work on the relocation of Midwest Asphalt. The asphalt site is a critical piece to the NWQ redevelopment and must be addressed in a timely manner. It is likely that the outcome of acquiring this site will be determined in court, thus careful steps are being taken by the City to establish the variables for determining site cost. EDC members stated that it will be important to let the community know that the City has negotiated in good faith and has been fair to Midwest Asphalt.

Financial analysis tools have been employed to assess the potential TIF revenues to be generated from the redevelopment. This analysis divides the area into four sub-regions, each with a variety of uses. A time-phased approach has been used to examine how much TIF will be generated in each sub-region as it is developed. Craig Rapp has also been gathering information to get a team together to work on the physical plan and layout of the site.

Brighton Village Update

At the June 30th Brighton Village tenants meeting, Cynthia Habel state that KA approached Supervalue with the recent results of the McComb study. The McCombs analysis concluded that there is a market for a smaller grocery store in the Brighton Village Shopping Center. Supervalue has consequently decided to conduct their own market analysis to determine marketability of a grocery store. If Supervalue determines the site could work for a grocer, they will then approach one of their many grocery chains to check interest.

Tom Geissler has been appointed by KA as the new site manager. There seems to be interest on the part of KA in a long-term approach and total redevelopment of the site. Tenants have stated that KA is suggesting putting them on 30-day leases thus giving KA the flexibility of moving tenants around if redevelopment is determined.

EDC members stated that it is important to look not only at the KA properties, but also at all businesses along the intersection of Silver Lake Road and Palmer Dr. Some of the businesses in this area have either too much or too little space and will be looking to resolve these problems in the future. Their needs should be examined as we move forward to improve the site.

Other Business

The Main Street Village project continues to move forward. The City is using eminent domain on the Tom Thumb property. The City and Alano came to an agreed price of $200,000 for the purchase of the Alano building. Robert Frasen of Timberland Partners has been brought in to work on the housing component of the project.

EDC members asked if a spread sheet could be created listing City projects in process, and estimated timelines, values and other pertinent information.

Adjourn

The meeting adjourned at 8:50 a.m.