HomeMy WebLinkAboutEDA - November 16, 2011
1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304 . (763) 755-5100
FAX (763) 755-8923 . WWW.ANDOVERMN.GOV
ECONOMIC DEVELOPMENT AUTHORITY
WORKSHOP
November 16,2011
6:00 p.m.
Conference Rooms A & B
1. Call to Order - 6:00 p.m.
2. Available Commercial Property - Retail Market Analysis
3. Bunker and Crosstown Redevelopment Area
4. Parkside at Andover Station
5. Other Business
- Review 2011-2012 EDA Goals
- Commissioners Comments, Concerns and Issues
6. Adjournment
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1685 CROSSTOWN BOULEVARD N.W.. ANDOVER, MINNESOTA 55304. (763) 755-5100
FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US
TO: President and Commissioners ~
Jim Dickinson, Executive Director
FROM: David L. Carlberg, Community Development Director
SUBJECT: Available Commercial Property - Retail Market Analysis
DATE: November 16,2011
INTRODUCTION
The EDA is requested to receive a presentation from the Community Development
Director atthe meeting.
DISCUSSION
The EDA at the November 1,2011 meeting agreed with the recommendation of
the Planning Commission to consider conducting a retail market analysis. Staff
requested proposals from The McComb Group and the University of Minnesota
Extension Office. Attached is the proposal from the McComb Group for EDA
consideration. Staff did not receive emails or calls back from the extension
service,
Staff presented an update to the Planning Commission at their November 8, 2011
meeting. Discussion included what neighboring communities had for
commercial/industrial development tax base percentages as listed below. In a
typical community, 20% of a city's tax base is desired to come from
commercial/industrial uses.
Andover - 8.26%
Anoka-36%
Blaine - 32%
Coon Rapids - 31 %
East Bethel- 9.27%
Ham Lake -15.72%
Oak Grove - 5.20%
Ramsey - 25%
S1. Francis - 13.73%
In addition, staffhas examined vacant commercial property in Andover and
calculated that there are nearly 54 acres of land available. This does not include
redevelopment or underutilized areas. Staffwill review these areas with the EDA
at the meeting.
ACTION REQUESTED
Receive a presentation and provide direction to staff.
Respectfully submitted,
- J)' f ;/_{l~
David L. Carlberg
ODD MCCOMB GROUR Ltd.
0.0 R E A L E S TAT
E A N D
ODD RETAIL CONSULTANTS
:' RECE
VED
Revised
November 4,2011
NOV 1 2011
Mr. Dave Carlberg
.....-- - --
Community Development Director CITY OF ANDOVER
CITY OF ANDOVER
1685 Crosstown Boulevard NW
Andover, Minnesota 55304
Dear Dave:
In response to your request, we have prepared a work program to conduct market analysis to
determine the amount of commercial land that is supportable in Andover in future years. The
objectives of this engagement are to:
. Evaluate commercial areas in Andover.
. Identify and evaluate competitive shopping areas.
. Delineate trade areas and evaluate demographic characteristics for each of
Andover's retail areas.
. Determine demand for additional retail, service, and service office uses in each
Andover retail area.
. Estimate the amount of land necessary to accommodate future retail demand in
each of Andover's retail areas.
The work program described below is designed to identify future demand for retail space in each
of the commercial areas.
WORK PROGRAM
The work program outlined below is designed to fulfill the above objectives. Specific work tasks
are summarized below.
. Retail Evaluation
Three of Andover's commercial areas will be evaluated to identify strengths and
weaknesses as a location for retail, food service, services, and service office uses.
Commercial areas to be evaluated are based on the future land use map and include:
. Bunker Lake Road between Hanson Boulevard and Round Lake Boulevard
. Bunker Lake Road and ih Avenue
. Hanson Boulevard and Crosstown Boulevard
222 South Ninth Street Suite 380 Minneapolis, Minnesota 55402 . (612) 339-7000 Fax: (612) 338-5572
Mr. Dave Carlberg
November 4,2011
Page 2
Factors to be evaluated include, but are not limited to: location, circulation, access,
visibility, current and future traffic counts, and relationship to adjacent uses. Tenant mix
in each of Andover's retail areas will be identified and categorized by type.
. Competitive Shopping Areas
Shopping areas that are competitive with Andover commercial areas will be identified
and evaluated. Principal competitors will be identified and evaluated for anchor stores
and tenant mix. New developments anticipated in competitive shopping areas will be
identified, to the extent possible, to determine possible competitive impacts.
. Merchant Interviews
Business owners and/or managers in each of Andover's existing retail areas will be
interviewed to obtain impressions ofretailing in Andover, the area from which they draw
their customers, and input on strengths and weaknesses, as well as to identify what they
think should be done to improve business in Andover.
. Residential Growth Trends
Residential building permit trends from 1990 to 2010 in Andover and other trade area
communities will be evaluated to determine historic building trends. ',These building
permit 'trends will be compared with historic trends in the north growth corridor to
identify changes in building activity and market share. Future estimates of household
growth will be prepared by year for the period 2012 to 2035. This will indicate if the
housing slump has affected Andover's share of Metropolitan Area housing. The results
of this analysis will be incorporated in trade area growth estimates in the trade area
analysis.
. Customer Survey
Businesses in the Bunker Lake Road retail areas will be asked to participate in a survey
of their customers to determine where they live and work, and why they' shop at that
business. The survey will be designed to be executed by employees of each store as
customers pay for their goods or services. The budget assumes 15 to 20 business
participants and that the client can arrange for distribution of survey', forms and
instructions, and collection of completed survey instruments. Each merchant participant
will be provided with survey results for their business. Survey results ,information will be
used to identify the primary trade area for this shopping area and how its trade area is
affected by the Riverda1e shopping area.
. Trade Area Analysis
Andover retail trade areas will be delineated based on arterial road patterns, drive times,
and McComb Group experience. Trade area delineation will take into consideration
competitive shopping areas in surrounding communities, school, district boundaries, and
newspaper circulation area. The economy of the trade area will be analyzed to identify
and quantify those factors that generate support for retail and service establishments;
Mr. Dave Carlberg
November 4,2011
Page 3
Factors to be evaluated include, but are not limited to: daytime employment, population,
households, and household income for 1990, 2000, 2011, and 2016. Trade area
residential growth trends will be evaluated taking into consideration any MUSA line
changes to determine household growth potential for target years of 2015, 2020, 2025,
2030, and 2035. Retail purchasing power of trade area households will be identified for
the same target years. Business establishments contained in the purchasing power model
are attached.
. Retail Sales Trends
Retail sales trends for Andover will be analyzed utilizing information from the U.S.
Census of Retail Trade for 2002 and 2007 to determine current Andover market share.
Market share changes between 2002 and 2007 will be identified.
. Retail Development Potentia.l
Future commercial development potential in each of Andover's retail areas will be
estimated taking into consideration competitive impacts, trade area demographics, trade
area purchasing power, and estimated market share. Based on this analysis and current
trends, future retail and service sales potential will be estimated by business type. These
retail sales estimates will be converted to square feet of space by type of business
establishment. Those businesses with sufficient retail sales potential for profitable
operation in Andover will be identified. Estimates of retail, service,' and service office
space supported by sales potential will be prepared for target years of2015, 2020, 2025,
2030, and 2035. Our proprietary purchasing power model includes over 120 types of
business establishments. A list of these business establishments is attached.
The results of our work will be documented in a final report designed to meet client needs. The
report will contain appropriate graphics and explanations of our principal firidings,conclusions,
and recommendations. ' . .
MEETINGS
Five meetings are planned during the course of the evaluation to keep the client informed of our
progress and findings. These meetings include the following:
. Start-Up Meeting will be held at the beginning of the engagement to finalize research
objectives and obtain client-provided information.
. Meeting with Businesses to discuss study and solicit participation in customer survey.
. Progress Meeting will be held with the client to discuss preliminary results of the market
analysis, customer survey, and retail sales potential.
. Report Meeting will be held to present results of our work and recommendations with
the client. This meeting will cover all aspects of the research program.
. Public Meeting will be held to present the results and recommendations of our report to
the businesses in Andover's retail areas and the public at large.
Mr. Dave Carlberg
November 4, 2011
Page 4
The budget provides for five meetings as described above. Additional meetings will be billed at
our normal hourly rates plus expenses.
SCHEDULE
The market research tasks described in this proposal can be completed within a four-month
period following receipt of signed engagement letter and retainer.
QUALIFICATIONS AND EXPERIENCE
McComb Group, Ltd. is a full-service retail and real estate consulting firm specializing in market
research and financial feasibility. The firm has extensive experience in the retail industry and
has conducted market research for retail stores and shopping centers of all types including
regional malls, community centers, and specialty centers.
McComb Group, Ltd. has a team that is qualified to conduct the research described in this
proposal. McComb Group's professional staff associated with this engagement includes the
following:
. James B. McComb, President, founded the predecessor of McComb Group in 1974
following six years as a member of the corporate staff with Dayton Hudson Corporation.
His experiences at Dayton Hudson and daily association with merchants and shopping
center developers provided the impetus for McComb Group's approach to shopping
center and retail market research and financial feasibility; which includes strong elements
of design and merchandise sensitivities. The firm's approach to shopping center research
, . ' , .
and marketing has undergone continuous development and refinement over the past 37
years.
. Linda Oie, Senior Associate, has 23 years experience conducting market; demographic,
and consumer research. Ms. Oie manages the firm's geographic information systems
(GIS) and demographic databases using a variety of computer platforms and proprietary
software.
Prior to joining McComb Group, Ms. Oie was employed as Marketplace Information
Manager at SuperValu, Inc. Her responsibilities included conducting strategic consumer-
based analysis of existing and prospective supermarkets, profiling SuperValucustomers,
and delineating trade areas for existing and proposed stores.
. Susan Nache, Consultant, has 12 years of experience and performs market research,
demographic analysis, and consumer research tasks. Ms. Nache conducts consumer
research analysis and cross-tabulation on McComb Group's survey processing software;
and utilizes McComb Group software programs for financial feasibility and statistical
analysis.
Mr. McComb will be responsible for managing and directing the overall research program and
will participate directly in findings and conclusions. Individual work tasks will be assigned to
personnel within the firm based on qualifications and experience.
Mr. Dave Carlberg
November 4,2011
Page 5
BUDGET
The budget for the work program and work products described in this proposal is shown below.
Professional Services Budget
Retail Evaluation $ 3,300
Competitive Shopping Areas 2,800
Merchant Interviews 1,800
Residential Growth Trends 1,800
Customer Survey 3,000
Trade Area Analysis 2,900
Retail Sales Trends 1,400
Retail Development Potential 4,200
Report Preparation 1,100
Meetings 4,100
Total Professional Services $ 26,400
Expenses (Estimated)
Mileage $ 150
Demographics 450
Computer & Software 800
Report Production 1,500
Reproduction 400
Geocoding 250
Total Expenses $ 3,350
TOTAL BUDGET $ 29.750
The professional fees for the services outlined in this proposal total $26,400 and will be
performed at a price not-to-exceed that amount. Expenses, estimated at $3,350, are to be
reimbursed based on actual cost. The budget is based on the amount of time required to perform
the work tasks and our normal hourly billing rates of $275 for principals, $200-$275 for
executive associates, $150 for senior associates, $125 for associates, and $75-$100 for
consultants.
Company policy requires a retainer of approximately one-half the estimated budget for the
project or $14,500. The retainer will be applied to the final invoice as a credit for billing of
professional services and expenses. Invoices for professional services and expenses will be
rendered at mid-month and month-end as our work progresses.
Standard billing terms are net ten days. A finance charge of 1.5 percent will be charged on all
unpaid balances outstanding more than 30 days.
Mr. Dave Carlberg
November 4,2011
Page 6
REPORT PURPOSE
This proposal was prepared with the understanding that the results of our work will be used by
the client to determine the future demand for commercial land in Andover. Our report will be
prepared for that purpose and will be subject to the following qualifications:
. Our analysis will not ascertain the legal and regulatory requirements applicable to this
project, including zoning, other state, and local government regulations, permits, and
licenses. No effort will be made to determine the possible effect on the proposed project
of present or future federal, state, or 10ca11egislation, or any environmental or ecological
matters.
. Our report and analysis will be based on estimates, assumptions and other information
developed from research of the market, knowledge of the industry and discussions with
the client. Some assumptions inevitably will not materialize and unanticipated events
and circumstances may occur; therefore, actual results achieved will vary from the
analysis.
. Our analysis will not evaluate management's effectiveness or be responsible for future
marketing efforts and other management actions upon which actual results are dependent.
. Our report will be intended solely for the purpose described above and should notbe used
for any other purpose without our prior written permission. Peqnission fqr other use of
the report will be granted only upon meeting company standards for the proposed use.
These qualifications will be included in our final report. If the report is used for j:mrposes other
than specified above, we reserve the right to review the materials for proper use of our work.
ACCEPTANCE PROCEDURES
To indicate acceptance of the proposal, please sign a copy of the proposal and return it to us
together with your check for the retainer as authorization to proceed with this engagement.
We appreciate the opportunity to submit this proposal and look forward to heating from you
soon. If you have any questions concerning the proposal, please call me at(612) 339-7000.
Accepted By: McComb Group, Ltd.
Company:
Title:
James B. McComb'
Date: President
RETAIL STORES AND SERVICES
CONTAINED IN PROPRIETARY SALES POTENTIAL SOFTWARE
SHOPPING GOODS CONVENIENCE GOODS
General Merchandise Food Stores
Discount stores Grocery stores
Department stores Supermarkets
Other general merchandise stores Convenience food
Warehouse clubs & supercenters Specialty food stores
Variety stores Meat Markets
Miscellaneous general merchandise Fish & Seafood Markets
Apparel & Accessories Fruit & Vegetable Markets
Clothing Stores Other Specialty Food Stores
Mens and boys Baked Goods
Womens clothing Confectionery and Nut Stores
Children's & infant All Other Specialty Food Stores
Family clothing Other Convenience Goods
Clothing accessories stores Drug & proprietary stores
Other clothing stores Hardware
Shoe Stores Liquor
Men's Florist
Women's Foodlhealth supplement stores
Children's & infant Food Service & Drinking Places
Family shoe stores Food Service
Athletic footwear Full-service restaurants
Furniture & Home Furnishings Limited service restaurants
Furniture Cafeterias
Floor coverings Ice Cream & Soft Serve
Window treatment stores Frozen Yogurt
All other home furnishings stores Doughnut Shops
Electronics & Appliances Stores Bagel Shops
Household appliance stores Coffee Shops
Radio, tv & electronics stores Cookie Shops
Computers & Software Other Snack Shops
Other Shopping Goods Specialized food places
Sporting goods Drinking places
General Line Sporting Gds. Gasoline Svs Stations/Conv,
Specialty Line Sporting Gds. Gas/Convenience food stores
Book stores - general Other Gas Stations & Truck Stops
Specialty book stores
News dealers OTHER RETAIL STORES
Office supplies & stationery stores Building Materials & Garden Supplies
Stationery Stores and Office Supply Home centers
Musical Instrument & Supplies Paint, glass & wallpaper
Jewelry stores Other building materials
Hobby, toy & game Outdoor power equipment
Camera & photographic supply Retail nurseries, lawn & garden
Gift, novelty & souvenirs Used Merchandise Stores
Luggage & leather goods Motor Vehicles & Parts Dealers
Sewing, needlework & piece goods Automotive dealers
Pet stores New and used car dealers
Art dealers Used car dealers
Optical goods stores Misc. motor vehicle dealers
Pre-Recorded Tapes, Compact Discs Boat dealers
Cosmetics, beauty supplies & perfume Recreational vehicle dealers
All other health & personal care Motorcycle dealers
All other automotive dealers
Auto parts, accessories & tires
Auto parts & accessories stores
Tire dealers
RETAIL STORES AND SERVICES
CONTAINED IN PROPRIETARY SALES POTENTIAL SOFTWARE
SERVICES HEALTH CARE
Personal Care Services Offices of physicians (except mental health specialists)
Barber shops Offices of physicians, mental health specialists
Beauty shops Offices of dentists
Nail salons Offices of chiropractors
Diet & weight reducing services Offices of optometrists
Other personal care services Offices of mental health practitioners (except physicians)
Drycleaning and Laundry Services Speech therapist & audiologists
Coin-operated laundries & drycleaners Physical & occupational therapists
Drycleaning & laundry services (except coin-op.) Offices of podiatrists
Other Personal Services Offices of all other misc. health practitioners
Child Day Care Services Outpatient care centers
Funeral Homes & Funeral Services Mental health & substance abuse
Photographic Studios Kidney dialysis centers
Veterinarian Services All other outpatient care centers
Pet Care Home health care services
Other personal services
Rental and Leasing
Formalwear and costume rental
Video tape and disc rental
Home health equipment rental
Recreation
Bowling centers
Physical fitness facilities
Golf Courses and Country Clubs
Professional Offices
Offices of real estate agents & brokers
Insurance agencies
Offices oflawyers
Tax preparation
Interior design
Automotive Repair and Maintenance
General automotive repair
Automotive exhaust system repair
Automotive transmission repair
Carburetor repair shops
Brake, front end & wheel alignment
Paint or body repair shops
Automotive glass replacement
Automotive oil change & lubrication shops
Carwashes
Household Goods Repair
Home & garden equipment repair
Appliance repair
Reupholstery & furniture repair
Footwear and leather goods repair
Watch, clock and jewelry repair
Garment repair and alteration services
Computer office machine repair
C I T Y o F (J)
NDOVE 1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304 . (763) 755-5100
FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US
TO: President and Commissioners
Jim Dickinson, Executive Direct
FROM: David L. Carlberg, Community Development Director
SUBJECT: Bunker and Crosstown Redevelopment Area
DATE: November 16,2011
INTRODUCTION
The EDA is requested to continue discussions on the redevelopment of the Bunker
Lake Boulevard/Crosstown area.
DISCUSSION
The EDA discussed at the October 4,2011 meeting the redevelopment of the area
along Bunker Lake Boulevard NW between Crosstown Drive and Crosstown
Boulevard NW. Staff has been directed by the EDA to monitor this area for
potential acquisition by the City as properties become available for sale.
The City purchased the property at 2600 l38th Avenue NW on October 26, 2011.
Staff is currently soliciting proposal for an environmental assessment to be
conducted to determine if there are any environmental issues or hazardous
materials (asbestos, mercury, etc). This is done so that these contaminants are
abated prior to demolition of the structure. Staff is also soliciting proposal to
evaluate the building and declare the building as structurally substandard. In
addition, staff is preparing a resolution to be approved by the City Council
declaring the building to be substandard upon confirmation and receipt of the
report. This will allow the City to include the parcel in a Tax Increment Financing
Redevelopment District and allow the City to recoup abatement and demolition
costs of the building in the future.
Staff is currently in the process of contacting a relocation specialist and a rental
management company and will provide an update at the meeting.
Attached are the minutes of the October 4, 2011 meeting to assist in continuing this
discussion.
ACTION REQUESTED
The EDA is requested to continue discussions on the redevelopment of this area.
:i:rctfullZ{J~
David L. Carlberg
Attachments
October 4, 2011 EDA Minutes
ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING
OCTOBER 4, 2011 - MINUTES
A Meeting ofthe Andover Economic Development Authority was called to order by President Mike
Gamache, October 4,2011,6:00 p.m., at the Andover City Hall, 1685 Crosstown Boulevard NW,
Andover, Minnesota.
Present: Commissioners Sheri Bukkila, Tony Howard, Mike Knight, Julie
Trude, Joyce Twistol and Robert Nowak
Absent: None
Also present: Executive Director, Jim Dickinson
Community Development Director, Dave Carlberg
Director of Public Works/City Engineer, Dave Berkowitz
APPRO V AL OF MINUTES
September 6, 2011 Regular Meeting: Correct as written.
Motion by Trude, Seconded by Bukkila, approval of the minutes as written. Motion carried
unanimously.
REDEVELOPMENT DISCUSSION
Mr. Dickinson referenced map #5 that is attached to the packet; he indicated that some properties
on Bunker Lake Boulevard and 138th Avenue between Crosstown Boulevard and Crosstown
Drive have come up for sale.
Mr. Dickinson stated 2600 138th A venue is a vacant property, owned by the bank and was up for
sale. The City submitted a bid on the property, that bid was accepted and the City will be closing
on the property on October 19th. He indicated 2537 138th Avenue is also vacant. The bid process
on 2537 had been completed before the City could put a bid in. However, there are potential
issues with the accepted bid, so the City did submit a bid for the asking price of$149,900. Staff
is still waiting to hear about the submitted bid. Mr. Dickinson indicated 2601 138th Avenue is up
for sale, the City could pursue the property however the 4-plex is fully occupied.
Mr. Dickinson is looking for direction from the EDA on what area staff should focus on. He
stated staffis looking for vacant properties that have gone through foreclosure. Mr. Dickinson
stated the properties on the north side of 13Sth Avenue are not a lot of value to the City until the
properties on the south side of 138th Avenue are acquired. He indicated the park is not a
dedicated park and the utilities are in the road.
President Gamache suggested staff continue to pursue properties that are vacant.
Andover Economic Development Authority Meeting
Minutes -October 4, 2011
Page 2
Commissioner Knight would like to see a concept plan put into place. Mr. Dickinson indicated
once you label the area a redevelopment project it tends to raise the price of the property.
Mr. Dickinson indicated if the City pursues properties that are occupied the City should bring on
a relocation consultant. City staff are not experts in the relocation of residential renters.
Commissioner Twistol stated the original reason to pursue the properties was because the EDA
did not like what they saw along Bunker Lake Boulevard. She asked why waste time pursuing
property on the north side of 138th A venue when it is not seen from Bunker Lake Boulevard. She
suggested focusing on the property along Bunker Lake Boulevard. President Gamache agreed
with Commissioner Twistol to focus on Bunker Lake Boulevard and the property south on 138th
Avenue.
Mr. Dickinson indicated the primary focus will be along Bunker Lake Boulevard and south of
138th Avenue, however if a vacant property becomes available on the north side of 138th Avenue,
he questioned ifthe property should be pursued.
Commissioner Trude would like this item to be brought to an EDA workshop so the EDA can set
goals based on their budget and maybe have an EDA bus tour. She said waiting to buy only
vacant property could take 15 years. Since none of us were specialists, she asked what
professional could guide them.
Mr. Dickinson stated the time frame on this project if we only pursue vacant properties will be
long term. Ifthe EDA wants staff to be aggressive for a shorter term project, then a relocation
expert should be in place to work with tenants.
Commissioner Knight stated this is not the only location on Bunker Lake Boulevard that should
be considered. Mr. Dickinson cautioned the EDA not to spread too thin with too many projects
because then projects will struggle to be completed.
President Gamache directed staff to gather information on a relocation expert. Mr. Dickinson
indicated staff will continue to pursue anything vacant in that area. Commissioner Howard
suggested for staff to check into a rental management company.
MONUMENT ENTRANCE/ELECTRONIC READER BOARD UPDATE
Mr. Carlberg indicated Gopher State One locates still need to be completed at both locations;
Round Lake Boulevard and Crosstown Boulevard/Bunker Lake Boulevard. The wood laths have
been moved at the Round Lake Boulevard location, this may be why the locates have not been
completed. He stated letters have been submitted to the Anoka County Highway Department
(ACHD) requesting the license agreements. There has been no response from ACHD at this
time, he will follow up with them at the end of the week. Once the license agreements have been
approved, staffwill have the locations surveyed and landscaping designs drawn up.
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1685 CROSSTOWN BOULEVARD N.W.. ANDOVER, MINNESOTA 55304. (763) 755-5100
FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US
TO: President and Commissioners
Jim Dickinson, Executive Director
FROM: David L. Carlberg, Community Development Director
SUBJECT: Parks ide at Andover Station
DATE: November 16,2011
INTRODUCTION
The EDA is requested to receive a presentation at the meeting.
DISCUSSION
The City will be closing on the property known as Parkside at Andover Station on
or before December 15,2011. Staff has met with several developers/builders to
discuss potential development options for the vacant parcels. Attached are slides
from a PowerPoint presentation providing potential development scenarios to be
reviewed with the EDA at the meeting.
ACTION REQUESTED
Receive a presentation and provide direction to staff.
Respectfully submitted,
~j.~
David L. Carlberg
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1685 CROSSTOWN BOULEVARD N.W.. ANDOVER, MINNESOTA 55304. (763) 755-5100
FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US
TO: President and Commissioners
Jim Dickinson, Executive Director
FROM: David L. Carlberg, Community Development Director
SUBJECT: 2011-2012 EDA Goals
DATE: November 16, 201l
INTRODUCTION
Attached are the 2011-2012 EDA goals adopted on March 15, 2011 for EDA
review and discussion.
1685 CROSSTOWN BOULEVARD N.W.. ANDOVER, MINNESOTA 55304. (763) 755-5100
FAX (763) 755-8923 . WWW.CLANDOVER.MN.US
TO: President and Commissioners
FROM: Jim Dickinson, Executive Director
SUBJECT: Approve 2011-2012 EDA Goals
DATE: March 15, 2011
INTRODUCTION
The EDA is requested to review the goals identified as the outcome of a February 16, 2011 GoalsNision
discussion.
DISCUSSION
Listed below are identified goals from the February 16,2011 GoalsNision discussion:
1. Evaluate Bunker Lake Boulevard between Round Lake Boulevard and Hanson Boulevard
to determine what areas could be viable commercial areas. Also explore future
commercial opportunities throughout the community.
2. ,Work on al)1ast~l...2l.an for the Kottke's Bus site along with the other property owners in
the immediate area. This could include just condensing the current Kottke's site.
3. Look at programs to be more aggressive on sub-par properties, such as gaining control of
foreclosed properties and develop a fayade improvement loan program.
4. Evaluate the POV's site for potential redevelopment opportunities and assist with
marketing the site.
5. Actively seek out ideas to enhance the aesthetics of commercial areas.
6. Utilize the $25,000 from United Properties to' enhance the area around the Andover
Station ponds through appropriate capital expenditures.
ACTION REQUESTED
Review the aforementioned goals and consider whether they can be formally approved as the EDA's
2011-2012 Goals.
Respectfully submitted,
Jim Dickinson
Attachments
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