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9.2. SR 01-16-2018 ��i Eof lk — - Request for Action River To Item Number Mayor and City Council 9.2 Agenda Section Meeting Date Prepared by Work Session January 16, 2018 Justin Femrite, P.E., City Engineer Item Description Reviewed by Retail Space in Ice Arena Calvin Portner, City Administrator Reviewed by Action Requested Provide direction on option for retail space in the Ice Arena. Background/Discussion Nearing the end of the schematic design phase of the project,we want to engage in a discussion about possible retail space. The concept reviewed by the City Council on December 18, 2017,identified future expansion areas intended for potential retail opportunities or other uses the community might desire. A medical services provider indicated interest in space within the facility. With early interest in this space and the likely the most competitive construction cost for this space being included up front,the design team is looking for Council direction for the final design. The area of interest is shown here: 18800. MENS O O FpICE JVNARSM a � 7 EAM 1 V'V I.T. 7 i TROPHY CASE —___---_---7—T-G II II 7-7 ` EXPANSION II EXPANSION II SPACE 1 II SPACE 2 II ALTERNATE II ALTERNATE II MEETING/ MEE ING745 SF II 1.510 SF II --- MAuAx ER PARTY 1 PAI Ty 2 II II ,.J Financial Impact Design and construction of 2,255 SF of expansion space (building shell only) is estimated at$150,000. Expected buildouts would be at the cost of the tenant. Market rate a retail space like is $15-16/sf. Attachments None The Elk River Vision A aveLcoming community with revolutionary and spirited resourcefulness, exceptional P U W E R E o R Y service, and community engagement that encourages and inspires prosperity /` UR