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6.0. HRSR 04-05-2004 ITEM # 6. • ^41// City of Elk River MEMORANDUM TO: Housing & Redevelopment Authority FROM: Catherine Mehelich, Director of Economic Development DATE: April 5, 2004 SUBJECT: Consider Arrow Building Center Redevelopment Concept Attachments • Aerial of redevelopment area • Preliminary site plan -Arrow Building Center Redevelopment Redevelopment Concept • Staff has received a concept plan from Arrow Building Center for the redevelopment of its facilities and operations located at the intersection of King Ave and State Street,north of Highway 10 and the railroad. The redevelopment concept includes the existing Eagles Club building, the former NAPA building,Arrow Building Center office building and two warehouse buildings. Arrow Building Center proposes to construct two new facilities;a 6,400 square foot office/showroom building and a 12,840 square foot warehouse building. In addition the project may include vacating a portion of King Ave and State Street (Railroad Drive) as a private drive rather than a public street. The new construction cost of the 2 buildings is estimated to be $1 million ($52/sf), not including acquisition and demolition. Arrow Building Center is working with John Weicht&Associates on the redevelopment plan and construction. John Weicht will be present at the HRA meeting to discuss the redevelopment concept. Financing Request In order to offset some of the costs of the redevelopment project,Arrow Building Center has verbally requested Tax Rebate Financing (abatement) from the City. Mr. Weicht estimates the cost of acquiring the Eagles Club building and the former NAPA building at $400,000. The cost of demolition and asbestos removal for the 5 buildings is estimated to be $100,000. Arrow Building Center is requesting the City's, and potentially Sherburne • County's,TRF assistance toward the cost of demolition. In addition Arrow Building Center Consider Arrow Building Center Redevelopment Concept April 5,2004 HRA Meeting Page 2 of 2 • continues to consider acquisition and relocation to a vacated lumberyard in Becker or relocation and new construction elsewhere. Issues to Consider There are several issues for the HRA to consider with regard to this redevelopment concept, including: • The HRA has identified the area south of Highway 10 and north of the Mississippi River a priority downtown redevelopment area. • The HRA has not had an opportunity to review and identify priority redevelopment areas,needs, goals and objectives for any areas north of Highway 10 downtown. • Several adjacent properties,including Martie's Farm Service and the former Hunts Farm &Feed elevator, have been improved with private reinvestment by the owners. • According to the City's policies redevelopment of commercial areas is an eligible use of Tax Rebate Financing and Tax Increment Financing. The project would be required to meet statutory regulations and city policy requirements,including the "but for" test. Staff is not requesting the HRA's action on this issue until the May HRA meeting. However, staff requests the HRA's feedback on any issues for staff to research and respond to for the May meeting. • 1111 Aerial photo of Arrow Building Center Redevelopment Area 4.' r., rd ,A--yam 3 ... d+J •1f ie .. r� 113. ..... _. 4` # t.� dam.,... B ~. <..- �}a 2 R�9+" E x ,!te� '�" �r`t,. d - ' >. ' ? i +W Saab + , ' „' ry F-''''''''' ;n�,jy n a`, ice 6 � 1 '• > ua r ,�a � a e ++ � c !. 117"9 ' w'. t ( a a . a • _ 41 ray ti a ,>< p r ,i,'•. .yt k x i• rt� Y'r94 .'. - t y - ri'— 'mi + 7`"r - d4 " 1 7_ + t `, x+ e4', ^ ;, °i t try. ,lg: .� ,.; •,Q 3 1 ,t � ra Wy 'M1t^dr�' �' s +Pr ..'i `'^u° dc Y a..ti, "''a: r , �? n `" .a' d _ j ' ,q• ,,,-,'-' . 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ASSOCIATES PAUL MEYER Ihereb certify that this plan,specification,or :n JOHN C. ARROW BUILDING report,was prepared by me or under my direct > 2 a ELK RIVER,R,MN 55330 A ARCHITECTS,INC. supervision ritet under the laws the state of o; WA CENTER Minnesota • PHONE(763)-633-3600 15650 36th Ave.N.#170 PAUL MEYER ° 3> DESIGN FAX(763)-633-3601 „ 728 Railroad Drive PLYMOUTH,MN 55446 N N R Z BUILD weichtassoc@sherbtet.net (763)-557-9081 Signed o E www.johncweichtassoc.com Elk River,MN 55330 FAX 557-9233 Date License No.21618 . • • . f s c. 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T 4 i — A J ^'- _ - 12-0'm el 5' 0' 8.p at ,1a: , 16'-0. 30 0- t /.Of--O 0 / T 6 /S 0')( 63'-6' 4/ 0)`nr= 1— JOHN C. WEICHT AND ASSOCIATES I hereby tardy that this plan,specification,or REVISION DATE REAMRc 1 M"--1-1 BROW BUILDING m.- a W As A PAUL MEYER report, re > 0 po prepared by me or y Lice my direct ,. P.O.BOX 368 a 0 wA A. CENTER ARCHITECTS,INC. Archit ctuaa the law oitheelstateof r— ELK RIVER,MN 55330 N N Minnesota. D PHONE(763)-633-3600 15650 36th Ave.N.#170 PAUL M YER N a r DESIGN FAX(763)-633-3601 „ PLYMOUTH,MN 55446 ro D BUILD weichtassoc@sherbtel.net 728 Railroad Drive (763)-557-9061 S101616 o Iz www.johncweichlassoc.com Elk River,MN 55330 FAX 557-9233 Dab License No.21818 • • • • _ O W T 6 y II >'l__�_ —` 'i8 = m m 4 V • —• ,v q I k 2 4 3 C '4 X — ___ 50 -. 4 4 1 _III c 14f !-i.GYK s 4 li o o bgw y —ma 11 111.0 �M 1 I *Mil 4 . [I � e 0-4 g ARROW BUILDING I LD I N G I hereby certify that this plan,specification,or REVISION DATE REMARKS ,� tO JOHN C. A ICHTAND ASSOCIATES PAUL MEYER report,was Z a a QJ P.O.BOX 366 prepared by me or under my direct ° o A ARCHITECTS,INC. supervision undo tthat aws of the stLalte of .0 0 0 WA ELK RIYEft,MN 55330 CENTER N Y Y/Y Minnesota. m -D 1u PHONE(763)-633-3600 15650 36th Ave.N.#170 PAUL MEYER • _ DESIGN FAX(763)-633-3601 �� 728 Railroad Drive PLYMOUTH,MN 55446 ) o i Z BUILD weichtassoc@sherbtel.net (763)-557-9061 Slatted www.johncweichtassoc.com Elk River,MN 55330 FAX 557-9233 Data License No.21618 • • • , O J((�� f lr x n a n b2 ' \ fz I bs m x I I 0 i1 ir,l i fill ,.. I e - I 110 I Ft I'Ii -Ii it l FY17 y��i: 1 J I )11.1 lin \11 in. liar' I _/ I pit __,...„..._______ I_ io iT m , O _.. 7 En ul-. r p* 18 'm ,��P 'iZ � ID W-1 r oSa — (J 9 0 m m6 n n om m0 G m I 1 n D -DI -LIT 1 o O I {r} x fiz H"1- m 11 m rt ' r I I 1H $ir, J Ji- lt i-k-- 1 Jx, I , I- IIH IF I 1 I fl o 0 o; _o Io Q\F -1 ��o�p ,r O f till r 4 1 .?..,,...._ 1 0•0 0 4)1,co; 4 1, A• rn JOHN C. WEICHT AND ASSOCIATES ARROW B hereby certify that this plan,specification,or REVISION DATE REMARKS plop 62 g II f— As PAUL MEYER M EYE R report,was prepared by me or under my direct > o N - J rn ,p P.O.sox 366 ARCHITECTS, INC. supervision and that I am a duly Licensed 03 gaQ ELK RIVER,MN 55330 AO Arch itect under the laws of the state of D > o WA CLNTLR Minnesota. 8 O D DESIGN PHONE(763)-633-3600 ,` 15650 36th Ave.N.#170 PAUL MEYER N i z BUILD FAX 763)-633-3601 728 Railroad Drive PLYMOUTH,MN 55446 weichtassoc@sherbtel.net (763)-557-9061 Signed o www.johncweichtassoc.com Elk River,MN 55330 FAx 557-9233 Date Doonse No.21618 . . - • 0 0 60 . e., 9 OT 8 '8 12•8 e) 4, cg 91t. ,=1 8 0 m33 i _ im ..___, ''.6°' > --------7_=- 4° I 1 _ _ ----7— 9 co 1 -1-- - u w 8P r 2 _ --- --- , . _____________ . z -0 --.: d q 11_______ 41,.1 , ...__„. ____. _ m z m 0-a _______ m mr- _-1_-_==_=-1.7:- < 1 11______=====___ - 1 _..___... 1 I. - ti7— -------- d _ _._ ____._ _ ______. d 0 - • ----- 0 it___ z --- • -_-_--=_:':_77.7=-.-f_ __ .. - II--- -7=1- 1 . .. 1 ----- _ ____ _______ __--- i .._ . . _. _I I al / . -------2--- . ..II__-- ---_--_—_ _=-_-.7_-:-= -I ---. ----- --_-____-_-_-.1-: .. .. _ ___ - ___ -------------- _-_- -- __ ______ 1 _.,. _ __ _ --- -1_ ---------- -- --------------- ._ - ---------- —_7_-_-_- __=-=_--_-_-■ _ 1 1___ -------- -______=.72_=__L __ --- _-_-_:= . :=-_-_-_-__-2=-_--- - --------- ___ . . ---- __ i/c/0. =----_ 7-_,======= 1 _ ...___ _... ------ _.__ _ I =7 ---- -_=-7 _.__ _._ IE 3 1 --- m .:-_=_.. :-+ m I ___ _._ O 3, I _ _____ rt-:::::::: -----------=-- ,._,E 1 0 -al 0 03 M • . 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