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Commissioner Wise stated transportation was a concern for him. He asked what contacts had <br />Landform worked with in the past. <br />Mr. Lazan responded Landform understood the importance of this issue. He stated Landform <br />had contacts with the local Senator and Landform also had a lot of resources that could be used. <br />Commissioner Ramsey stated what he liked about this team was the ability the team had to <br />juggle a lot of pieces and keep it all organized. <br />Michael Greeby noted the team not only has contacts, but the team has developed relationships <br />and those relationships over the years have developed trust, which gets things done. <br />Emmett Corsey, Forest City, introduced Jim Richardson, VP for Commercial Development. <br />Mr. Corsey reviewed the background of Forest City. He summarized some of Forest City's <br />developments including the New York Times Building in New York City; University Park at <br />MIT in Cambridge, Massachusetts; Sky 55 in Chicago, Illinois; Victoria Gardens in Rancho <br />Cucamonga, California; Westfield San Francisco Centre in San Francisco, California; and Short <br />Pump Town Center in Richmond, Virginia. <br />Mr. Corsey noted many of Forest City's developments were near or sat on top of transit (rail) <br />stations. <br />Commissioner Elvig expressed concern that this project was not big enough for Forest City and <br />Forest City did not know the local flavor. <br />Mr. Corsey stated the first thing Forest City would do would be to find out the City's vision. He <br />noted Forest City had done smaller projects that have been successful. <br />Commissioner Elvig asked what sparked Forest City's interest in this project. <br />Mr. Richardson stated Forest City was looking at doing a project in Chaska and wanted to do <br />other developments in the Twin Cities as well. He indicated the City had a great opportunity <br />with the railroad track and the light rail. <br />Mr. Corsey stated if certain expertise were needed, Forest City could obtain them. He indicated <br />Forest City had studied this area for 8 years and eventually Forest City would be in a <br />development in Minnesota. He stated Forest City has done a lot of development with the major <br />retailers and has a good reputation among those retailers. <br />Mr. Richardson summarized Forest City's development philosophy and key players within <br />Forest City. He summarized the project approach broken down into phases. <br />Commissioner Wise asked what Forest City brought to the table with respect to transportation. <br />He asked if Forest City had dealt with transit authorities. <br />Housing and Redevelopment Authority / December 15, 2009 <br />Page 4 of 10 <br />