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6. EDSR 09-11-2006ITEM / 6. ver MEMORANDUM TO: Economic Development Authority FROM: Scott Clark, Community Development Director DATE: September 7, 2006 SUBJECT: Gateway Business Park Work Plan Introduction Attached is the "Gateway Business Park Work Plan", dated September 7, 2006 that has been prepared by the Community Development Department's Planning Division. The purpose of the work plan is to provide a clear path as to the individual tasks, responsible parties and due dates in order to accomplish two broad objectives: 1) opening the City owned portion of the "Gateway Business" property for development in 2008, and 2) working with the surrounding property owners to achieve complimentary land use relationships with the aforementioned properly. This overall planning effort assumes that the EDA will serve as the "agent" for the Council in terms of providing future direction, albeit that at the end of the process the City Council will be asked to formally endorse the Plan. Discussion The work plan assumes a 2008 constructions start for any new industrial/commercial projects. The reason for what appears to be a lengthy process is as follows: 1) The length of time to properly assess the needs of surrounding property owners 2) The need to properly assess all engineering issues including wetland mitigation, storm water management and transportation access issues. (The Engineering Department stated that a number of these issues associated with the Nonhstar Industrial area had been previously analyzed as part of the Twin Lakes street improvements which allowed a faster development process). 3) Per the Cargill agreement, establish a street corridor that would run southeasterly from the City property to 165`h Ave. 4) Time to complete a market study 5) Time to complete the engineering construction process 6) Development of strategies to better buffer the City's properties from adjacent land uses that are not complementary to the anticipated outcome of the formal Plan 7) Time necessary to market the property. Staff believes that marketing efforts can begin in 2007 to acquaint the marketplace that this area will be ready for development in 2008 Attachments • Gateway Business Park Work Plan, September 7, 2006 • Gateway Business Park Area Map Recommendation Staff recommends that the EDA approve the "Gateway Business Park Work Plan", dated September 7`l', 2006. S:\Community Development\Scott Clads\Wodc Plan.doc •~ r~ W . ~..~ V ^^C~ 1~1 i-1 i-1 ^^~~ ~1 .~ h+l j~ ` ;,~, ~4~r tr~ o ~ ~ 'i: ' ~. 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