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5. EDSR 06-11-2007 wer MEMORANDUM TO: Economic Development Authority FROM: Jeremy Barnhart, Planning Manager9~ DATE: June 11, 2007 SUBJECT: Gateway Business Park At their meeting on April 9t~, 2007, the EDA discussed the Gateway project and provided direction to staff to develop three conceptual layouts for discussion. This memo discusses those options. Direction. The consensus of the EDA was that the park should be more of a retail component. Some members of the EDA felt that the plan should include a big box type commercial, similar to the Wal-Mart/ Home Depot shopping center. Assumptions. In the development of the plans, staff made the following assumptions: 1. Access to the site would be largely limited to a fizll access off of 171St, as an extension of Ulysses street. 2. There is potential for a right in access off of Hwy 10, if the City can convince MnDOT that the closing of several individual accesses balances out an increase of turning movements to one location. 3. There is potential for right-in access off of 171St for a small portion of the Powell piece (northwest corner of the site). 4. The gas main will not be moved or relocated. 5. City would follow its policy that wetlands can not be filled to create a building pad, although wetlands could be filled for parking lots. 6. It is advantageous and preferred to mitigate as much as possible, wetlands on site, rather than purchasing land elsewhere. 7. The success of the project relies on land owned by other parties and the assembly of these large parcels maximizes the usable land in the area. The three options are described below. Additionally, Staff has put together a spreadsheet using rough numbers for purposes of comparing potential costs only. This spreadsheet is attached. Option A. Option A includes a variety of lot sizes, including 3 big box lots (10-17 acres), three smaller commercial lots, and 9.57 acre industrial parcel in the southeast. The plan includes aright-in off of Hwy 10. The smaller commercial lots are served via a `backage' road between Hwy 10 and Ulysses. Option A has the greatest impact to existing wetlands, and a big portion of property west of C:\Documents and Settingsljbarnhart\Desktop\Gateway\EDA memo RE Gateway 6-11-07.doc Ulysses is used to mitigate these wetlands. An additional 11 acres of wetlands would need to be mitigated elsewhere. Option A requires the mitigation of 12.14 acres (24.3 acres) Option B. Option B shows 2 big box retail sites immediately adjacent to Hwy 10, sized 19-28 acres. This plan provides more land for industrial sites, although any of the lots on any of the plans could conceivable be converted to industrial uses, based on size. The plan also utilizes aright-in off of Hwy 10. The plan has slightly reduced impact to the wetlands, requiring mitigation of approximately 9.64 acres (19.3 acres). Option C. Option C includes small ancillary commercial lot in the NW corner, two big box lots along Hwy 10, and 5-9 acre commercial sites on the east side of Ulysses. A 12 acre industrial site is located in the SE corner. There is minimal impact to wetlands, 1.1 acres, requiring only the creation of 2.2 acres. This plan effectively requires the acquisition of the Weicht property, leaving very little benefit to the property. The EDA is asked to confirm the assumptions, confirm the desired end use is retail commercial, with anchor tenants (possibly big boxes). Additionally, should the EDA desire a land use that is inconsistent from that recommended by the market study, how long is it appropriate to wait before shifting to alternative land uses. The EDA is also asked for direction to begin discussion with adjacent property owners toward purchase of their property. 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EA fA b9 ffl 69 H9 ~ n W N ~ N O O ~ N~ A C ~ Tf 00 t~ O O O ~ O O O O O O S O n O O O O N ~^^ UJ .-r C~ G C _~ ~• Message Barnhart, Jeremy From: Dan.Tveite@wellsfargo.com Sent: Friday, June 08, 2007 10:58 AM To: Barnhart, Jeremy Cc: Mehelich, Catherine; Clark, Scott; Jeff@elkriverchamber.org Subject: RE: Gateway concepts My thoughts from yesterday's conversation: Page 1 of 2 • Ideally, we look at this parcel in a comprehensive fashion incorporating city owned property and privately owned property . We need to reach out to the private land owners to verify their plans and to see if they are willing to work with us. Given the long-term local presence and standing in the community of these owners, we need to extend as much courtesy as possible. • We should keep open the option of buying the private properties if the owners are amenable to selling at a reasonable price. • Even though the market survey wasn't optimistic about commercial/retail along highway 10, I still think the highway offers an asset; maybe not today but down the road (i.e., 5 years) so t would want to keep an eye towards this use fronting the highway. • With the above parameters, my preference of the 3 options is B with the revision from "big box" to "commercial" to allow ourselves as much flexibility to address potential users as possible. I also like this option because of the industrial presence away from the highway and near the RDF plant. . My statements are made under the assumption that we don't have any immediate pressure (either a definitive proposal or even an inkling of possible developments) to bring this land online and thus should keep our options as open as possible. Until we have some serious interest or a sense that the development pressure is increasing, I wouldn't get the site prepared (i.e., bringing infrastructure into the parcel) - again, I want to keep as much flexibility as possible. Hope this helps. I will be out of the office the afternoon of June 8 with no access to email or voicemail. Thanks a lot! Dan Tveite Enterprise Sourcing, Contracts & Procurement Phone - 612-316-1735 Fax - 612-316-3521 This email (including attachments) is covered by the Electronic Communications Privacy Act, l8 U.S.C. §§ 2510-2521, is confidential and may be legally privileged. If you are not the intended recipient, you are hereby notified that any retention, dissemination, distribution, or copying of this communication is strictly prohibited. Please reply to the sender that you have received the message in error, then delete it. Thank you. -----Original Message----- From: Barnhart, Jeremy [mailto:jbarnhart@ci.elk-river.mn.us] Sent: Thursday, June 07, 2007 9:18 AM To: Tveite, Dan Cc: Mehelich, Catherine; Clark, Scott Subject: Gateway concepts 6/8/2007 MEETING OF THE ELK RIVER ECONOMIC DEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, APRIL 9, 2007 Members Present: President Gongoll, Commissioners, Dwyer, Farber, Zerwas (5:35 p.m.), Klinzing, Motin, and Tveite (5:40 p.m.) Members Absent: None Staff Present: Director of Economic Development Catherine Mehelich, Assistant Director of Economic Development Heidi Steinmetz, Community Development Director Scott Clark, City Engineer Terry Maurer, Planning Manager Jeremy Barnhart, Finance Director Tim Simon, and City Clerk Tina Allard 1. Call Meeting To Order Pursuant to due call and notice thereof, the meeting of the Economic Development Authority was called to order at 5:30 p.m. by President Gongoll. 2. Consider Agenda MOVED BY COMMISSIONER FARBER AND SECONDED BY COMMISSIONER KLINZING TO APPROVE THE APRIL 9, 2007 EDA AGENDA. MOTION CARRIED 5-0. Consider Consent Agenda MOVED BY COMMISSIONER KLINZING AND SECONDED BY COMMISSIONER MOTIN TO APPROVE THE CONSENT AGENDA AS FOLLOWS: 3.1. MARCH 12, 2007 MINUTES 3.2. CHECK REGISTERS 3.3. BALANCE SHEET 3.4. REVENUE/EXPENDITURE REPORT MOTION CARRIED 5-0. Open Mike No one appeared for Open Mike. Ms. Mehelich stated TIF District 15 has reached its term and the EDA needs to decertify the District in accordance with statutory requirements. Economic Development Authority Minutes April 9, 2007 Page 2 MOVED BY COMMISSIONER DWYER AND SECONDED BY COMMISSIONER MOTIN TO ADOPT RESOLUTION 07-01 APPROVING THE DECERTIFICATION OF TAX INCREMENT FINANCING DISTRICT N0.15 WITHIN DEVELOPMENT DISTRICT NO. 1 IN THE CITY OF ELK RIVER. MOTION CARRIED 5-0. 6. Other Business Mr. Clark noted that information on a proposed road alignment for TH 10 from a Mn/DOT representative was personal opinions of that person and not what is being proposed by Mn/DOT. Adiourn to Worksession for Discussion on Gateway Business Center Development Grant Martin, Maxfield Research, Inc., provided an explanation of the study his firm completed for the Gateway Business Park. He reviewed the methodology used by his company. He stated the Park has limited market use for office and retail based on access and visibility to TH 10. Mr. Martin stated he found industrial demand for the site. He recommended 40 acres dedicated to owner-occupied industrial space and 20 acres for multi- tenant lease space. He stated the focus of the study was for the city-owned property. Mr. Barnhart stated he is looking for direction on the type of land uses the EDA would like to see for the Park. Commissioner Mortin stated the access issues for this Park are not any different then the Wal-mart location. Mr. Clark stated there could be some retail in the Park but questioned how much the EDA would like to see. Commissioner Gongoll stated the surrounding properties need to be considered for development of the Park. Commissioner Klinzing concurred. She stated people shouldn't have to go through industrial properties to get to commercial properties. Commissioner Tveite stated if the EDA wants retail it may need to wait until there is more of a demand. Commissioner Farber concurred. Commissioner Dwyer concurred. He questioned if the train station was considered in the study. Mr. Barnhart stated he has spoken to a couple of the property owners and they are looking to put in commercial/retail. Commissioner Gongoll stated the consensus of the EDA is to see more of a retail component in the Park. He stated he would like to see a higher level of architectural standards, some high-tech infrastructure, and a different name for the Park. Economic Development Authority Minutes Page 3 April 9, 2007 Ms. Mehelich questioned the types of retail the EDA would like to see. Commissioners Moon and Klinzing stated they would like to see a big box retail area similar to the Wal-mart area in Elk River. Commissioner Gongoll stated he could see it as a small boutique neighborhood center. Mr. Barnhart created a sample drawing of the land uses the EDA is requesting. Mr. Maurer stated there will be some constraints to the site due to wetlands and gas lines. Ms. Mehelich questioned how Maxfield Research, Inc., considered the viability of developing retail in this proximity from the rail station. Mr. Martin stated the key feature they considered for the rail station is walkability. He stated if a site can be walkable, you will keep people there to utilize the retail; but once they are in the car they can go arrywhere. He stated the city shouldn't count on rail as a draw for retail. Commissioner Motin disagreed with the walkability component. He stated people coming home at the end of night don't walk and shop and they don't have time in the morning to shop. He stated commuters plan their trips to the rail station to within five minutes of an available train. He stated it is not walkable from the rail station to the Gateway Business Park. Ms. Mehelich stated people catching the train will come and go in short time frames limited to the train's arrival. She questioned the support of retail businesses for the non-commuter times throughout the day. She noted initially there will be limited train trips from the station. Mr. Clark noted there will be competition with Elk River Station and their retail development. Ms. Mehelich questioned if the study area scope was broadened to include adjacent private parcels for development, would that improve the market opportunity for retail. Mr. Martin stated it would but the city would need to improve the access to the southern portion of the site. 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