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HomeMy WebLinkAbout2007 04-16 CCP Work Session AGENDA CITY COUNCIL WORK SESSION April 16, 2007 City Council Chambers A copy of the full City Council packet is available to the public. The packet ring binder is located at the front of the Council Chambers by the Secretary. 6 p.m. Introduction 6:15 p.m. Urban Design Considerations Tom Whitlock – Damon Farber Associates 6:30 p.m. Market Considerations Mary Bujold – Maxfield Research 6:45 p.m. Redevelopment Considerations Bob Cunningham – TOLD Development 7:00 p.m. Council Discussion 8:00 p.m. Adjourn I� n 100 a�,� i W �6�, f r �1lflfM f �y� e1 B 1 1f I _.M.r f��� 'l L t� 1' I� r Y� tt 1 �li T ar n. �.1_ e a 1 Ft�l' .:e a.. t "ry� :�:l,�'A. r rt p� �t��i i J/fy' .�t� ee ���r ai Y� y w F :T.� 4 i ..�y�'� wF� t �A �l y h K Z z 'd. n ?9�.'� r?� i.': $T "n"" r T f Y�' +��a rl �„�'1y p a y 4 '.t a r I a n us Y 1 k "^�r, s e I n t rµ ry.. y� -r In':+ I y tt^i fv" r !C �tk`��.E� K r, 4 i f 1 �li( F a J?,'. 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M IJ w'� I f I 'pw ti k t ,r j i 14� r t i x a� wt' qq q �.a...�. �u. i r �4 ,�e t r a L a v Mk �pa ��f-rt•" r .�..rl N f l! !i 6 m Introduction p 6 :15 m Urban Desi n Considerations p g Tom Whitlock Damon Farber Associates 6:3opm Market Considerations Mary Bujold Maxfield Research 6:45 m Redevelo ment Considerations p p Bob Cunningham TOLD Development �:oo m Council Discussion p 8: o o m Ad' ourn p J 5" g I I t .e$, "`z 9n� a, ;�s �f� k j �J .a, ',r J,h :1 J �a I� f .y t' y� r`�*,� 1 �a W� �r r_ 9 �vk ttr p r 7^* r'�r� v J j� a„ �s rT_ i L. a r� ,r C.'. %+�y J.. /rrm�.' �l .�il�' i i v �r 1 I f s U r ,n �,r�r m r 1 :Y .'�,f L�� ,:nn., mf.rn4hlr r t J I l �f j` r At p s r= Z ..,r �t€ �i L u .'q"' r,�"- i t t ���r �j ,l�'nr! :r g ���=�,1 t��: r Y'r r ,�R. �,r r Jn J J C t F n v ^1 e l I ,I�U j ia 7 I °r. x j �'�rt!','+.i'i�J��,�,�.. Y t 4 �v 4� y .h �omrf,. p ,�y�a�&.. s I I�inimy r+ rr/n�. 4 e i „y'� :9 ��i� a V _�.1 e ;x. :e f.. r— ��e. 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P q 4 a� i �:l�.s ar��. e�. �F Strengths �-�ig� 1e��� af visibility from Interstate C 94 �xcellent access from Interstate 694 �ood access from Highway loo northbound �entrally located between I and I- 35W off major freeway IZelatively high traf�c counts (12,�0o ADT) on 65th Avenue North, ��ut n�� congested and 20,20o ADT for Shingle Creek Parkway, north i �f I-�c��. Weaknesses I��t��� ���v�� as a strong location for multitenant office I-6�q. genex�ally perceived as a location for single user� Confusing access for certain retail uses Perc���io� �us��ess failures at site Per��:i�r�c� ��i�� ���a 1ti r A� t C�„'^��`. F d �.r, w a. i.�.. x .,,�..wxa�,..�a,w..�.�,»,�.��'� �.1"��� 'COI1C�.1�1C)I�� E pffice 3 ��-�������g strength, but slowly �uild-to-suit market improving �ease rates for new construction $18.00-$19.0o psf uenerally desire amenities nearby such as mid-scale restaurants, �onvenience shopping. Industrial �ost likely the strongest sector currently :�emand for office showroom and office warehouse space ��ase rates for new construction, $4.50-$5.0o for warehouse and �lO.�a-$11.�(J for of�ce Retail ���..����.i1 has ��en very strong, but is slowing down ����r�� ��g bo� users still actively seeking loeations _�u_�. .._F._. �_a�._ _W�.__ _3 �......y� .o� �.w�_ ��a. �.�._�.,��u. ot� �i�- eve,� r�er�� rl Short-term (within the next 1 to 3 years) w C��.[ic�/ �����re%� �����a, t�����;�, ��.�e�t.����� Big box user (c�.estination) Long-term (vvlthln the next five years) Single-tlser o�� ����ld to s�.�it office Office/showroam, office warehous� Big box user, but may already develo� �t ��r �.�,y.� �er sites; patenti�l co�. 'th redevelopment at Bro� d.�.le Center. `s �r v�� 9 y f f w k' �S S __.,..,ti.n..e .............v..>,..,..s.. arket Cha=`en es Strate ic P=annin g g If decide to w�.�t f��.� c�c�rporate user, y��: m�.� ha�e to bypass other devela�p����.� �����po�als; �e Should have a str�teg�c plan for the ar�a; �na� need to be j prepared to incorporate more land for the right user; x: j I What incentives is the City willing to provide to obtain the right user? 3� How will the Cit� address perceived negatives such as failed i re�taurants and cri��e in the immediate ar�a? y E S e f `a�; t a