HomeMy WebLinkAboutEDA August 3, 2005
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1685 CROSSTOWN BOULEVARD N,W. . ANDOVER, MINNESOTA 55304. (763) 755-5100
FAX (763) 755-8923 . WWW,CI.ANDOVER,MN,US
ECONOMIC DEVELOPMENT AUTHORITY
MEETING
August 3, 2005
6:00 p.m.
Conference Rooms A & B
AGENDA
MEETING HAS BEEN CANCELLED!
Two Informational Memos are Attached.
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 "S:)
CC: Jim Dickinson, Executive Directo~
FROM: Will Neumeister, Director of Community Development wi--
SUBJECT: Andover Station North Development Improvements Update
DATE: August 3, 2005
INTRODUCTION
Each week progress is being made on construction and marketing of this rather large piece of land that has
many complexities. It took seventeen years to get this far, now we are seeing the final design and construction
take shape and it is exciting. However the staff and EDA need to be diligent in getting this final stage to be
what we all want. The approval of the site plan concept (for the retail center) at the last meeting was an
important step in getting the southern portion to be built out in the next two years.
DISCUSSION
The plan and design work for the public street on the southern 20 acres is ready to submit to the Anoka County
Highway Department. After meeting with one of their field engineers, it was confmned that the County
Engineer is agreeable to allow the "right in" off of Bunker, provided the City works with First Regents Bank to
remove their existing driveway opening. City staff are in the process of arranging a meeting to go over this
with the bank president, Roger Okerman. The developers interested in building a retail center on the parcel
east of the bank have been informed of this. Staff are awaiting their response as to whether they will proceed
with a purchase agreement on the parcel. You will recall, they had a contingency regarding this.
Staff continues to work to acquire the access to Bunker Lake Boulevard where the concept plan has indicated it
should be located. Concurrently, staff will continue to work with North Pine Aggregate to get a commitment
whether they will honor their original unit pricing for the public utilities and streets. If they will, staff will
process a change order for the existing Jay Street contract to add in this small amount of work so that it can be
done with the construction of the balance of remaining work on Jay Street. The final utilities and street work
to complete Jay Street will be done by early September.
The City sign shop will be erecting four new "LAND FOR SALE" signs in the next two weeks. They will
place two signs on Hanson and two on Bunker Lake Boulevard. Lastly, an advertisement is being prepared for
the September issue ofthe Business Journal.
ACTION REOUESTED
None is needed, as this is an informational update on recent construction, and marketing promotional efforts.
Respectfully submittedd-
Will Neumeister M
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
FROM: Jim Dickinson, Executive Director
SUBJECT: Update on Letters of Intent
DATE: August 3, 2005
DISCUSSION
Staff continues to pursue the receipt of letters of intent for Andover Station North daily. Meetings
have been held with two separate developers for office condominiums, the meetings went well but to
date no letters of intent have been provided. Also staff continues to work with Mike Casey to move
his letter of intent to a purchase agreement.
ACTION REQUESTED
Informational.