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6.0. EDSR 02-14-2005 ITEM # 6. • J� City of Elk -�-� River MEMORANDUM TO: Economic Development Authority FROM: Catherine Mehelich, Director of Economic Development�i/� DATE: February 14, 2005 SUBJECT: Industrial Land Development Update Attachments • EDA Brown Property Conceptual Layout • Request for Proposals • City of Elk River Land Use Plan • Background In November 2004 the EDA participated in a joint work session with the City Council to discuss its Business Park/Light Industrial sites and development options. The EDA and Council directed staff to proceed in developing a plan for improvements and development of the following areas: • City-owned Cargill land—60 net acres,Light Industrial and Highway Business • EDA-owned Brown land—45 net acres, Business Park The goal is to encourage industrial development in the City of Elk River. The objective is to have lots available for immediate development and to put all industrial land in Elk River on a level playing field in price and financing assistance, allowing the end user/manufacturer to select a site based on the site location and its amenities rather than on price. At its December 2004 meeting the EDA directed staff to work with Ehlers &Associates in developing a request-for-proposals that would be sent to interested developers for the EDA Brown Property. The EDA also directed staff to draft a conceptual layout for the development of the EDA Brown and City-owned Cargill properties. Recent Activities In January the EDA provided feedback to staff on the attached conceptual layout and a draft request for proposals. • Industrial Land Development Update February 14,2005 EDA Meeting Page 2 of 2 • Request for Proposals Ehlers &Associates have recommended that the EDA utilize an RFP process that insures that the EDA would receive the highest price for the property, development to the highest and best uses and allow the EDA to control the process. The RFP process is a way to market the site immediately to developers and brokers and get their input on concept design prior to improvements. RFP materials were prepared and mailed to 20 developers and brokers earlier this month. The deadline for proposal submissions is March 1. Staff has received a couple of proposal inquiries since the mailing. Ehlers and staff will review the proposals and report the results to the EDA at its March 14 regular meeting. Concept Plan, Costs and Improvement Schedule Staff has discussed commencing the improvement process for the EDA Brown property in March. Staff has had preliminary discussions regarding financing options based on the preliminary concept design and an estimate for improvements, both of which could change depending on proposal concepts. The City Engineer,Terry Maurer has evaluated the drainage of the area and has recommended that the existing pond,located below the southwest corner of Lot 1,be expanded to handle the drainage for the entire business park. Expanding the existing pond • would allow Lot 9 to be used for development rather than as a drainage area. In July of 2000 the Northstar Corridor Development Association (NCDA) commissioned a station area planning study to evaluate the long range transit-oriented development potential surrounding the proposed depot station sites. The study indicated a concept for commercial office/business development and some neighborhood retail surrounding the station for a 1/4 mile radius. Within a I/2 mile radius the study indicated office/business development to the north of the station and low density residential to the east. Another concept indicated low density residential for the majority of/4 mile and 1/2 mile radius,with the exception of a small neighborhood retail node adjacent to the station. The attached land use map was adopted as part of the city's Comprehensive Plan. The land use map indicates the following uses surrounding the depot station: • High-density residential • Light Industrial During the Comprehensive Planning process this area was viewed as an important location for both employment and higher density housing. The adopted plan keeps these land uses separate. A concept considered in the process created a new mixed-use land use category for this area. The planning process did not examine transit-oriented in detail,but considered transit as a factor influencing land use. • • I j '. Er: ,... .,,. River City of Elk River Economic Development Authority Brown Business Park Properties Request for Proposals Superb locations in Elk River: - Rapidly growing area located 35 minutes from Minneapolis • - Light industrial sites available on 45 acres - Individual parcels could range from 1.5 to 12 acres - Water, sewer, electric and natural gas utilities available - Convenient access to and located 1/4 mile from US 169 & US 10 - Eight miles from Interstate Highway 94 0 \ A 4 iiii Niii 0406014 .„,,,,,,, a ELK xivEV 4aAunss m I ,.. Ztpt'tWlX;CI'S_ MPI rt o Cr.Pkin 304 The City of Elk River is requesting proposals for the sale and development of several light industrial parcels located in Elk River, Minnesota Contact Catherine Mehelich at 763-635-1041 for more information IDProposals accepted through March 1, 2005 Page 1 of 6 • REQUEST FOR PROPOSALS FOR SALE AND DEVELOPMENT Elk River, Minnesota Section One: Introduction The Elk River Economic Development Authority is requesting proposals for the sale and development of the Brown Business Park in the City of Elk River. The parcels comprise 45 acres, and are zoned Business Park with an underlying land use of light industrial. Individual lots may range in size from 1.5 to 12 acres. The parcels are located adjacent to Twin Lakes Road with convenient access to U.S. Highways 169 and 10. Directly adjacent to the property is the currently operating Northstar Commuter Coach and the future site of the Northstar Commuter Rail Depot Station. Elk River is a vibrant community of approximately 20,000 and is the county seat of Sherburne County, one of the fastest growing counties in Minnesota. It is a city nestled between forested hardwoods and prairie along the Mississippi and Elk Rivers. Located 35 miles from Minneapolis, the city is a blend of both rural America and commercial convenience. The site has wonderful access due to the proximity of major transportation thoroughfares such as US Highways 169 & 10 and Interstate 94. The Elk River area has experienced continued strong residential, commercial and industrial growth necessitating the City to market its available Business Park land for future industrial development. The City is requesting proposals that will maximize the use of the light industrial parcels. Section Two: Information about the property The parcels are available for sale and development. This presents a substantial development opportunity. Adjacent to the property to the west is a wetland area separating the parcel from the BNSF Railroad and US Highways 169 & 10. To the east land is zoned single family residential, south is more industrial and commercial, and land to the north is zoned as business park and to the northeast is multi-family residential. The City has no plans to change the zoning of these areas. The City will complete mass grading, install water and sewer system and develop a regional drainage pond in the business park. Improvements and blacktop are to be completed for buildable lots by Fall 2005. Park dedication fees will be paid by the City at the time of final plat. The development concept works around constraints of the adjacent wetland, gas line and access points dictated by the City's Transportation Plan. As development of the Brown Business Park occurs, Lot 1 is being reserved as a future site for a YMCA. There is a pending development on Lot 7, knowing this proposals may include Lot 7 in • concept with this understanding. Page 2 of 6 • The strengths of the site include the following: (1) Convenient access to US Highways 169 and 10; (2) Proximity to Interstate 94; (3) Adjacent residential and commercial base surrounding the Site; (4) Improved traffic infrastructure that is nearly completed; and 5) Directly adjacent to the Northstar Commuter Coach site and proposed site for the Northstar Commuter Rail Depot Station. Zoning All parcels are currently zoned Business Park District (BP). The District encourages a planned integrated environment for certain industrial, office, and commercial uses that are compatible with and complement each other as well as the surrounding land uses. The intent of this district is that development reflects common themes using compatible architectural design and consistency in signage, landscaping and lighting. It is also the intent to encourage businesses that generate a high number of jobs per square foot rather than predominantly warehouse type uses. For further details please refer to City Code Section 30-1294 regarding permitted, accessory and conditional uses (attached). Section Three: Proposal Criteria The City has a keen interest in maximizing the use of these parcels and fulfilling community needs. The City envisions quality developments that are aesthetically pleasing and fit in with the surrounding business park area. The Goals of the development are: • To increase the city's future property tax base thus reducing future increases in property taxes on current residents • To create quality job opportunities for current and future residents • To market city-owned business park properties • To improve traffic access and circulation to and through the area • To encourage a mixture of market-supportable land uses compatible with one another and with the surrounding area. • To protect long-term vitality of adjacent commercial and residential areas The City is seeking a creative, qualified developer to oversee the development of the targeted area. The City is willing to consider proposals for partnering with a master developer for development of the entire area or with developers on individual sites. It is important to note that the City will not pay any realtor fees or commissions in the event of the sale of property. Potential developments the City would encourage include, but are not limited to, light manufacturing and production facilities, high technology manufacturing or research and development facilities. The City is not interested in purely warehouse and distribution facilities. The zoning district requirements prohibit outdoor storage of materials and equipment. • Page 3 of 6 Section Four: Timeline The City will consider all proposals that are submitted by March 1, 2005. The City may have the property appraised and may negotiate a Letter of Intent after reviewing and selecting a proposal. Section Five: Cost/Sale of Land The land sale cost will be reviewed based on the successful developer(s) submitting a proforma including SAC, WAC, park dedication fees, current special assessments and future public improvements and determining the amount a third party would or could pay per square foot of land. Section Six: Proposal Content RESPONSES MUST BE IN THE ORDER AND FORMAT PRESENTED BELOW. ADDITIONAL INFORMATION, IF DESIRED, MAY BE INCLUDED IN ITEM 7. THE PROPOSAL IS LIMITED TO 10-PAGES IN LENGTH. 1. Proposed project A. Briefly explain your proposal. • B. Please include the following items and how they relate to your proposal. If exact figures and explanations are not possible, please estimate using similar developments already in operation elsewhere. 1) Concept plan showing lot layouts and types of uses 2) Building sizes (square feet) 3) Total estimated market value of development at full build-out 4) An estimate of the build-out time for all parcels 5) When including SAC, WAC, park dedication fees, current special assessments and future public improvements, what is the estimate of the amount a third party would or could pay per square foot of land? 6) List the estimated development fees and overhead expenses 7) Number of jobs created 8) Hours of operation 9) Traffic/parking needs 10) Expected noise levels 2. Firm/organization A. How many years has your firm been established as a professional developer? • Page 4 of 6 3. Professional Organization A. How many people are employed in your firm and summarize their areas of expertise. 4. Experience A. List some of the major development projects your firm has completed in the Minneapolis/St. Paul area. B. List projects similar in size and use to the project you are currently proposing. 5. References A. List references for your five most recently completed projects. 6. Scope and Cost of Services A. List the additional work tasks that you think are necessary to prepare the property for development. B. Estimate the cost development, including land preparation costs, development fee and overhead expenses. • 7. Additional Pertinent Information A. Provide any additional pertinent information about your firm or your proposal. 8. Certification of Information Provided A. The information provided herein is to the best of my knowledge accurate and can be accepted by the recipient first named above as true representation of: Company: Address: Title: Signature: Date: • Page 5of6 • Section Seven: Proposal Submission Submit ten (10) copies of your proposal to: Catherine Mehelich Director of Economic Development City of Elk River 13065 Orono Parkway Elk River, MN 55330 Proposals must be received no later than 4:00 PM CST on March 1, 2005. Proposals must be submitted in an envelope with the words "Proposal for Brown Business Park" clearly marked on the outside of the envelope. Information must be complete. The City of Elk River reserves the right to reject any and all proposals. Faxed proposals are not acceptable. The City proudly welcomes and encourages you to visit our website for additional information at www.ci.elk-river.mn.us. Section Eight: Evaluation All proposals will be reviewed and evaluated by the EDA and they intend to select • developers for final proposals and interviews. Thank you again for your interest in developing within our community. We look forward to receiving information regarding your proposal. Please direct questions about the Elk River Development and this RFP to: Catherine Mehelich Sid Inman Economic Development Director Ehlers & Associates City of Elk River 763-651-8500 763-635-1041 Enclosures: • 2005 Community Profile • Site and aerial maps for the area (An autocad file of the site can be emailed upon request) • Zoning Map and Zoning Code for Business Park District (BP) • City's development concept • Public improvements/utilities located in area • Estimate of future public improvement needs (Public Improvements may include City assessment bonds) • • City Prospect/Inquiry Report 2001 to mid-2004 Page 6 of 6 2! 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