HomeMy WebLinkAbout1991 07-11 CCM Work Session I
MINUTES OF THE PROCEEDINGS OF THE CITY COUNCIL
OF THE CITY OF BROOKLYN CENTER IN THE COUNTY
OF HENNEPIN AND THE STATE OF MINNESOTA
WORK SESSION
JULY 11, 1991
CITY HALL
CALL TO ORDER
Mayor Paulson called the meeting to order at 7:04 p.m.
ROLL CALL
Mayor Paulson, Councilmembers Celia Scott, Jerry Pedlar, and Phil
Cohen. Councilmember Rosene arrived at 7:35 p.m.
PRESENTATION
Mayor Paulson turned over the meeting for a presentation by Lee A.
Maxfield of Maxfield Research Group Inc. Mr. Maxfield gave a
presentation on the study commissioned by the City of Brooklyn
Center of commercial/ industrial trends in the Brooklyn Center
market area. Mr. Maxfield stated the commercial/ industrial market
will change in the next ten years from what it had been in the past
as there will be a smaller demand for commercial, industrial and
retail space. A current example is the fact that office space in
the metropolitan area and indeed throughout the United States is
over -built and that is the case for some retail space also. The
demand for new space in these areas will not be as great in the
next ten years because of population trends. The last ten years'
activity was driven by much of the baby boomers' population wave
and in the next ten years that wave will not be there and therefore
less demand for retail, commercial and industrial space. The
growth that will occur in the next five years will be filling up
the current available space and very little new construction is
anticipated in the next five years. Another factor dictating this
lull in construction is the fact lending agencies such as banks and
savings & loans will be much tougher on borrowers in terms of their
requirements for leasing up space prior to giving loans.
There was a general discussion about ways in which Brooklyn Center
could make itself more attractive to whatever development does
occur.
There was a motion by Councilmember Scott and seconded by
Councilmember Cohen directing staff to develop an agenda and forum
for Council consideration as it relates to both the
commercial/ industrial market study and the housing study and set up
a Brooklyn Center Commercial /Industrial Day in the fall of 1991.
The Brooklyn Center Commercial Industrial Day would be a
presentation of the advantages of Brooklyn Center and promotional
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activity by all Brooklyn Center developers and commercial entities.
After discussion, the motion passed unanimously.
ADJOURNMENT
On motion by Councilmember Cohen and seconded by Councilmember
Pedlar the meeting adjourned at 9:05 p.m.
Todd Pau on, Mayor
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