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HomeMy WebLinkAboutEDA - March 5, 20131685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100 FAX (763) 755 -8923 • WWW.ANDOVERMN.GOV ECONOMIC DEVELOPMENT AUTHORITY MEETING March 5, 2013 6:00 p.m. Conference Rooms A & B 1. Call to Order— 6:00 p.m. 2. Approval of Minutes (February 5, 2013) 3. Public Hearing — Land Sale Parkside at Andover Station 4. Andover Station North Lot Sale Update 5. Parkside at Andover Station Land Sale Update 6. EDA Activity - Project Status Update 7. Redevelopment Discussion 8. Other Business 9. Adjournment � I 1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100 FAX (763) 755 -8923 • WWW.ANDOVERMN.GOV TO: Economic Development Authority ` CC: Jim Dickinson, City Administrator FROM: Michelle Hartner, Deputy City Clerk SUBJECT: Approval of Minutes DATE: March 5, 2013 INTRODUCTION The following minutes were provided by Staff reviewed by Administration and submitted for EDA approval: February 5, 2013 Regular DISCUSSION The minutes are attached for your review. ACTION REQUIRED The EDA is requested to approve the above minutes. Respectfully submitted, +, Michelle Hartner Deputy City Clerk Attach: Minutes 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 ANDOVER ECONOMIC DEVELOPMENT A UTHORITY MEETING FEBRUARY 51 2013 - MINUTES A meeting of the Andover Economic Development Ant Gamache, February 5, 2013, 6:05 p.m., at the Andover Andover, Minnesota. Present: Absent: Also present: F.roo-IRIX.F rpla January 2, 2013, Commissioners Joyce Twistol Commissioners called to order by President Mike 1685 Crosstown Boulevard NW, Tony Howard, Mike Knight, and the Minutes as presented. Motion carried UPDATE Mr. Carlberg stated staff has been working with a company interested in purchasing 4 acres in Andover Station North: They would construct a 25,000 square foot building for light manufacturing. The company has retained an architectural firm to do a preliminary site design. The company is also looking 4t two existing sites in Ham Lake. Mr. Carlberg indicated the company would like the EDA to create a Tax Increment Financing District (TIF). President Gamache asked how long the TIF District would be. Mr. Carlberg answered 9 years. Mr. Dickinson explained the company is looking for a parcel that they would be able to expand on and with an expansion the TIF note could be cut by one year. Commissioner Bukkila questioned with Wal -mart coming into that area does the area become more desirable. Mr. Carlberg indicated not this parcel, small retailers may come in and there are smaller parcels in the area for them. He also stated manufacturing jobs bring in daytime traffic which could potentially bring in a restaurant and support the retail. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Andover Economic Development Authority Meeting Minutes — February S, 2013 Page 2 The EDA directed staff to continue to work with the company. Mr. Carlberg stated the company will be making their final decision within 30 days. PARKSIDE AT ANDOVER STATION LAND SALE UPDATE Mr. Carlberg stated Capstone Homes has acquired 10 lots from the EDA. Capstone is well ahead of schedule in the take down of lots required in the Purchase Agreement. Capstone may be purchasing an additional lot in February. Capstone is interested in the 8 -plex property and has looked at the 8 -plex plans the City acquired from Bruggeman Homes. Mr. Carlberg indicated the City Attorney has reviewed the final revisions of the Purchase Agreement with Cherrywood Advanced Living. Cherrywood is reviewing the Purchase Agreement. REDEVELOPMENT DISCUSSION Mr. Carlberg indicated closing of the Stop N Shop has occurred. The building has been evaluated for items that can be salvaged. Demolition of the building will take place in the spring. OTHER BUSINESS Clocktower Commons — Mr. Carlberg explained staff met with the owners of Clocktower Commons regarding the construction of a clock tower on the corner of Crosstown Boulevard and Hanson Boulevard. The PUD requires a clock tower be constructed before the corner parcel can be sold. The owners want to know what the City is looking for in the clock tower construction. Commissioner Bukkila stated she is willing to look at different ideas; however the ideas need to come from the property owners. The EDA agreed. Affordable Housing — Mr. Carlberg stated MWF, a Minneapolis Company contacted staff with interest in constructing an affordable rental housing complex in Andover. The complex would be 3 -4 stories, housing 50 -60 units, and underground parking. MWF would be applying for state tax credits for the project and is looking for the City to pledge something to the project. Mr. Carlberg asked the EDA if they are interested in more information about the project. Commissioner Bukkila stated she is not interested in the project. The rest of the EDA was willing to explore the project. Andover Cinema — Mr. Carlberg indicated staff spoke with the new owners of the Andover Cinema. Andover Cinema Real Estate LLC, a St. Cloud company purchased the Andover Cinema last November. All ten movie screens have been updated to digital. All seating and flooring will be replaced and in April the cinema will close for three weeks for the upgrading of the concession and lobby area. ADJOURNMENT 1 2 3 4 5 6 7 Andover Economic Development Authority Meeting Minutes — February 5, 2013 Page 3 Motion by Bukkila, Seconded by Howard to adjourn. Motion carried unanimously. The meeting adjourned at 6:55 p.m. Respectfully submitted, Michelle Hartner, Recording Secretary I 0 1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 . (763) 755 -5100 FAX (763) 755 -8923 • WWW.CI.ANDOVER.MN.US TO: EDA President and Board J CC: Jim Dickinson, Executive Director FROM: David L. Carlberg, Community Development Director SUBJECT: Public Hearing on EDA Land Sale: Lots 1 -9, Block 2 and Outlot D, Parkside at Andover Station 2nd Addition DATE: March 5, 2013 INTRODUCTION According to State Statute, the EDA must hold a public hearing prior to any land sale. Lots 1 -9, Block 2 and Outlot D. Parkside at Andover Station 2nd Addition are being sold to Cherrywood Advanced Living, LLC. The City has a signed purchase agreement with a closing date of September 24, 2013. The legal notice has been published at least ten days prior to this meeting (on 2/22/13). ACTION REQUESTED The EDA is requested to open the public hearing and request public comment. Upon receiving public comment the EDA may close the public hearing and discuss the proposed resolution. The EDA should pass a resolution indicating it is in the public's interest to sell the property and that the specified intended use of the parcel is in keeping with the interest of the City of Andover EDA to further the development of Parkside at Andover Station (see attached resolution). Staff recommends the land sale be completed as they meet the original objective of developing the area with a diversity of housing opportunities that will meet the needs of the broader community. ACTION REQUIRED The EDA is requested to hold a public hearing and take public comment on the proposed,land sale. The EDA is also requested to review and consider the attached resolution. If the EDA agrees with the findings in the resolution, a motion to approve the resolution and allow the land sale would be in order. Respectfully submitted, David L. Carlberg Attachments Legal Notice and Resolution CITY OF ANDOVER EDA COUNTY OF ANOKA STATE OF MINNESOTA RESOLUTION NO. -13 A RESOLUTION APPROVING THE LAND SALE OF PARCELS LOCATED IN PARKSIDE AT ANDOVER STATION 2ND ADDITION WHEREAS, the City of Andover EDA has held a public hearing to gather public comments on the proposed land sale and to disclose the pending land sale in Parkside at Andover Station 2ND Addition to Cherrywood Advanced Living, LLC (Lots 1 -9, Block 2 and Outlot D, Parkside at Andover Station 2nd Addition), and WHEREAS, the findings substantiating that it is in the public interest to sell the EDA owned parcel to the buyer include the following: A. The land sales to the buyers noted above meets the original objective of developing the area with a diversity of housing opportunities that will meet the needs of the broader community. NOW, THEREFORE, BE IT RESOLVED by the EDA of the City of Andover, Anoka County, Minnesota, that the public hearing has been held and it has been found to be in the public's interest to sell EDA owned land to Cherrywood Advanced Living, LLC (Lots 1 -9, Block 2 and Outlot D, Parkside at Andover Station 2nd Addition). Adopted by the EDA of the City of Andover this 5th day of March, 2013. CITY OF ANDOVER EDA Michael R. Gamache, President Attest: Michelle Hartner — Deputy City Clerk NOTICE OF PUBLIC HEARING CITY OF ANDOVER COUNTY OF ANOKA STATE OF MINNESOTA The Economic Development Authority of the City of Andover will hold a public hearing at 6:00 p.m., or as soon thereafter as can be heard, on Tuesday, March 5, 2013 at the Andover City Hall, 1685 Crosstown Blvd NW, Andover, MN. This public hearing is to discuss the land sale of Lots 1 -9, Block 2 and Outlot D, Parkside at Andover Station 2 °d Addition. The land sale will be reviewed to determine if the land sale is in keeping with the intent outlined in Minnesota State Statute 469.105. All written and verbal comments will be received at that time and location. A copy of the proposed land sale information will be available for review prior to the meeting at City Hall. Please contact David L. arlberg, Community Development Director, with any questions at (763) 767 -5140. David L. Carlberg, Community Efevelopment Director Publication date: February 22, 2013 )OVE: 1685 CROSSTOWN BOULEVARD N.W.. ANDOVER, MINNESOTA 55304 • (763) 755 -5100 FAX (763) 755 -8923 • WWW.CI.ANDOVER.MN.US TO: EDA President and Board CC: Jim Dickinson, Executive Director FROM: David L. Carlberg, Community Development Director SUBJECT: Andover Station North Lot Sale Update DATE: March 5, 2013 INTRODUCTION 0 Staff continues to work with a light manufacturing company on their interest in purchasing land in Andover Station North. The property is located on Jay Street NW just east of Hanson Boulevard NW. The company has retained an architectural firm who has prepared preliminary site and building deigns as well as determining development costs on a 25,000 square foot building to be built on four (4) acres. The company is also preparing a business subsidy application to create an Economic Development District, Tax Increment Financing District as discussed at the January 2, 2013, EDA meeting. ACTION REQUESTED Receive update and provide direction if necessary. Respectfully submitted, David L. Carlberg _.t�.. 0 1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100 FAX (763) 755 -8923 • WWW.CI. ANDOVER. MN.US TO: President and Commissioners CC: FROM Jim Dickinson, Executive Direc David L. Carlberg, Community SUBJECT: Parkside at Andover Station Update DATE: March 5, 2013 INTRODUCTION ctor The EDA is requested to receive an update from the Community Development Director on recent developments at Parkside at Andover Station. DISCUSSION Capstone Homes has acquired thirteen (13) lots from the EDA, the last three lots closed on February 22nd. The Purchase Agreement with Capstone Homes called for the take down of an additional lot within 120 days of the date of the closing of the initial sale of the two lots which was June 1, 2012, and an additional lot every 45 days thereafter (6 lots to be acquired by February 15, 2013). Therefore, Capstone Homes is well ahead of the take down schedule. Staff is also working on the potential sale of the 8 plex and 4 plex lots on the south side of 139 ' Avenue NW. ACTION REQUESTED Receive presentation and provide input if necessary. Respectfully submitted, David L. Carlberg N O D VE 1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100 FAX (763) 755 -8923 • WWW.CI.ANDOVER.MN.US TO: EDA President and Board CC: Jim Dickinson, Executive Director FROM: David L. Carlberg, Community Development Director SUBJECT: EDA Activity - Project Status Report DATE: March 5, 2013 INTRODUCTION 6 This memo provides a brief update of all EDA activities. Further details will be provided at the meeting. DISCUSSION 2013 Special EDA Events — "Concert in the Park" EDA will need to discuss the effectiveness, goal and future of the program. The Andover Middle School Jazz Band has already indicated that they will not be performing this year. 2013 Andover Business Development Day — A date of Wednesday, June 19, 2013 has been set. The location is the Rum River Hills Golf Club in Ramsey. Andover Station Area Medians — Staff has solicited a quote from Prairie Restorations to conduct weed abatement in the islands. The current plan is to defer this item to the spring. Andover Station North — Available sites are actively being marketed. Interest in the area has increased with the potential Walmart project. www.MetroMSP.org and City Website — Staff continues to monitor the EDA's land sales information on the MetroMSP website sponsored by Anoka County. We have also shown information on other commercial and industrial lands that are for sale in Andover on both the www.metromsp.org and in the past on the city planning department's website. Staff has updated the city's website to include and economic development department to provide prospective businesses easier access to available commercial/industrial properties as most parties interested look for an economic development section of a city's website if they are inquiring about available propertiesibuildings. Staff has received positive feedback on the information provided and ease of access to the information. Potential Restaurants — Staff continues to submit demographic information to potential restaurants as leads become available. Staff continually reviews various businesses journals looking for restaurants, retailers and other companies who are expanding their operations. As the EDA is aware, there continues to be two issues facing Andover in attracting sit down restaurants. The first is not enough daytime traffic and the second being the lack of square footage of retail space to support a restaurant. The proposed Wal -Mart once under construction will help the marketing efforts. Staff has also learned that the City struggles to compete with the Riverdale shopping area in Coon Rapids. Crosstown/Bunker Redevelopment Sites —Staff is monitoring the area for potential acquisitions as they become available. Parkside at Andover Station — Capstone Homes, Inc. has purchased thirteen (13) lots to date. Staff is also actively pursuing the development of the remaining multi - family property. Retail Market Analysis — Study has been placed on the Economic Development Department web page on the City website. Monument /Entrance Signs — Sign installations are complete. Electrical has not been brought to the Bunker Lake Boulevard and Round Lake Boulevard signs due to the excessive cost.. The Bunker Lake sign is $2,407.67 and the Round Lake sign is $3,882.26. ACTION REQUESTED Receive a presentation from staff and provide direction if necessary. Respectfully submitted, David L. Carlberg 4 1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100 FAX (763) 755 -8923 • WWW.CI. ANDOVER. MN.US TO: President and Commissioners FROM: Jim Dickinson, Executive Director David L. Carlberg, Community Deve ent Director SUBJECT: Bunker /Crosstown Redevelopment Area Discussion DATE: March 5, 2013 INTRODUCTION The EDA is requested to receive an update from staff on the redevelopment of the Bunker Lake Boulevard/Crosstown area. The closing of the Stop and Shop property has occurred. The City has gained possession of the property and has been evaluating the building for items to be salvaged and/or resold. Staff is currently preparing the request for proposals to solicit bids to raze the building, pumps and underground tanks. Soil corrections and any other environmental issues will also occur at this time. Staff continues to monitor the availability of properties in the area for acquisition and removal. ACTION REQUESTED The EDA is requested to continue discussions on the redevelopment of this area. Respectfully submitted, C '4 ve. David L. Carlberg El Ramsey SweetBay Ridge 7494 - 163rd Avenue NW $274,900 This two -story home has over 2,600 square feet on two floors, including four bedrooms and three baths. The spacious foyer leads to a main -floor office and grand arched entry into the great room. The kitchen will be one of the centerpieces of this home with oversized walk -in pantry, desk area, granite center island, and an abundance of cabinetry. The second floor offers a master suite with large walk -in closet and separate shower and soaking tub. The remaining three bedrooms boast over eight feet of closet space, and we still found room for a TV/relaxation area on the second floor. ••_I Move -in Now 1 o � �. Ave, F C C a 161st Ave. N 16 A Highway 10 to Armstrong; north to 161st east to Variolite; north to 163rd, east to home on the right. MN Lic. #BC637318 Andover Parkside at Andover Station 13958 Martin Street NW $274,900 Welcome to one of our most popular homes, The Creekview. We have made changes that are sure to impress. From the moment you arrive you will be delighted with the features and look of this new home. From the front with hip roofs to stone accents and custom craftsman front door, you will be proud to invite friends for dinner. The main floor has granite kitchen counters, mission cabinets, office, and laundry. The second floor has four bedrooms and two baths. The master is an amazing 17 x 18 bedroom with window seat. The master bath has large walk -in closet, separate shower and separate tub. Move -in Now 740th iano a • Nby 139th Lane NW Bunker Lake Boulevard NW o ti x 10 76 N Highway 10 to Hanson Blvd.; north to 139th; west to 140th Avenue, west to home. MN Lic. #BC637318 AFTER Coon Rapias Alexandras Cove 2967 - 126th Lane NW $184,9001 Others From $184,000 One -level living at its finest! This bright and open detached villa features a spacious kitchen with a bay window, dinette, abundance of cabinets and unique vaults. In the luxurious owners' suite you will find a private master bath with a double vanity, separate shower and bathtub. The four - season porch has plenty of windows and walks out to a concrete patio slab. This 1,666 finished square -foot model is complimented by the finest in craftsmanship and located close to Riverdale shopping area. Other models available with or without basements. Affordable Abodes Move -in Now Hwy. 10 to Main Street east to Coon Creek Blvd.; north to 128th Avenue; west to Crooked Lake Blvd.; south to 126th Ave.; west to model. MN Lic. #BC001425 Andover 15908 Norway Street $356,9701 Others From $300's This home features enamel trim and three -panel doors throughout. Main level includes stone hearth fireplace and arched opening in the great room, den /office, birch floors, walk -in coat room and personal lockers in the mud room. Kitchen includes granite tops with tile splash, huge walk - in pantry, center island with pendant lighting, and double ovens /cooktop. Upstairs you'll find a bedroom -level laundry-and four bedrooms with walk -in closets. Master suite includes racetrack veiling detail, walk- through bathroom with double vanity and tile shower and spacious closet. 26 159th x �� N Ave! NW • z A Cn 8m Y� omzz 2 O 65 128th Ave. 126th Ln. • �S von\ a� A ME&,-t Hwy. 10 to Main Street east to Coon Creek Blvd.; north to 128th Avenue; west to Crooked Lake Blvd.; south to 126th Ave.; west to model. MN Lic. #BC001425 Andover 15908 Norway Street $356,9701 Others From $300's This home features enamel trim and three -panel doors throughout. Main level includes stone hearth fireplace and arched opening in the great room, den /office, birch floors, walk -in coat room and personal lockers in the mud room. Kitchen includes granite tops with tile splash, huge walk - in pantry, center island with pendant lighting, and double ovens /cooktop. Upstairs you'll find a bedroom -level laundry-and four bedrooms with walk -in closets. Master suite includes racetrack veiling detail, walk- through bathroom with double vanity and tile shower and spacious closet. 26 159th Constance Blvd. Ave! NW • z Cn d d3 ZZO omzz 2 O 65 157th Ave. NW N von\ a� A Hwy 65 to 157th Ave. NW, west to Crosstown Blvd.; right to 159th Ave.; right to Olive Street; left to Norway Street, right to model (on right). MN Lic #6[356604 8 Open Extended Hours M Association - Maintained Wheelchair Visitable ® FHA Financin Eligible rte► _ g 0 MN Green Path v ___ _ ----- — Parade of HomesIm 1 111