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HomeMy WebLinkAbout2007 04-16 CCM I-694/94 Redevelopment Work Session MINUTES OF THE PROCEEDINGS OF THE CITY COUNCIL OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA 1- 694 /94 REDEVELOPMENT WORK SESSION APRIL 16, 2007 CITY HALL — COUNCIL CHAMBERS CALL TO ORDER The Brooklyn Center City Council met in Work Session called to order by Mayor Tim Willson at 6:05 p.m. ROLL CALL Mayor Tim Willson and Councilmembers Kay Lasman, Mary O'Connor, and Mark Yelich. Also present were City Manager Curt Boganey, Community Development Director Brad Hoffman, Interim Assistant to the City Manager Gary Eitel, and Deputy City Clerk Camille Worley. Councilmember Dan Ryan was absent and unexcused. I- 694 /94 REDEVELOPMENT City Manager Curt Boganey stated the purpose of the Work Session is to inform the City Council of the focus and planning of the 1- 694 /Hwy 100 redevelopment project. Tom Whitlock, Damon Farber Associates, discussed the Urban Design Considerations by presenting a PowerPoint presentation that summarized the following information: Existing Conditions, Existing Land Use, Transportation Context, Transit and Trails, and Opportunities & Constraints. Mary Bujold, Maxfield Research, discussed the Market Considerations by presenting a PowerPoint presentation that summarized the following information: Site Strengths and Weaknesses, Market Conditions, Potential Development Options, and Market Challenges /Strategic Planning. Bob Cunningham, TOLD Development, discussed Redevelopment Considerations where he indicated possible uses for the site along with considerations of existing businesses in Brooklyn Center. The consultants lead a discussion on the following: g Alternate development scenarios: • Retail commercial uses (small -big box users). • Office- warehouse showroom. • Larger scale office complex (corporate center). 04/16/07 -1- Concepts and factors involved in identifying the highest and best use: • Relationship of land value to type of use. • Relationship of type of use to building value. • Relationship of type of use to employment opportunities. • Relationship of type of use to community image. Options for the development of this 13.4 acre site: • Retail -big box (i.e. Lowes, Home Depot, HOM Store). • Tech Industrial — 130,000+ sq ft (based on 10,000 sq ft per acre). • — - kin ramp-likely Co orate Office 400 000 SOQ 000 s ft with structural parking � � q p g built in phases. The timing and community commitment necessary to achieve the highest land use potential for this site: • Examples of other community's achievements: • Fridley — Medtronic • Richfield — Best Buy Corporate • Site appearance while waiting for the right user (park like). • Marketing for the site to the real estate and construction industries via the use of a one -year development agreement. Financial considerations: • Existing Tax Increment District. • Base value of the original developments are continuing to be paid /applied to the City, County, and School District. • Addressing today's concerns of the existing taxpayers on both the City and School District financial /tax issues. It was the eneral consensus h high visibility of this site from the se sus of the City Council that the g Y g Y Interstate and overall accessibility provide key ingredients that are factors in identifying corporate office sites. It was also the majority consensus of the City Council that further review, including additional meetings involving other developers, is necessary for the Council to formulate a vision and base to move forward. ADJOURNMENT Councilmember Lasman moved and Councilmember O'Connor seconded adjournment of the City Council Work Session at 7:55 p.m. Motion passed unanimously. 04/16/07 -2- STATE OF MINNESOTA) COUNTY OF HENNEPIN) ss. Certification of Minutes CITY OF BROOKLYN CENTER) The undersigned, being the duly qualified and appointed City Clerk of the City of Brooklyn Center, Minnesota, certifies: 1. That attached hereto is a full, true, and complete transcript of the minutes of the 1- 694/94 Redevelopment Work Session of the City Council of the City of Brooklyn Center held on April 16, 2007. 2. That said meeting was held pursuant to due call and notice thereof and was duly held at Brooklyn Center City Hall. 3. That the City Council adopted said minutes at its April 23, 2007, Regular Session. City Clerk J Mayor 04/16/07 -3-