Laserfiche WebLink
Drafted by Patrick Brama, Adopted XX/XX/2013 <br />City of Ramsey <br />STATEMENT OF GOALS: <br />167TH AVENUE AND TRUNK HIGHWAY 47 RETAIL NODE <br />BACKGROUND <br />The retail node located at 167th Avenue and Trunk Highway 47 has been a topic of discussion with <br />City Councils and EDA boards for several years ("167/47 Node'). The 167/47 Node has struggled to <br />become economically viable for some time, is experiencing high vacancy rates, an increase of blighted <br />building conditions and escalating crime. <br />The City has received significant number of inquiries from property and business owners located in the <br />167/47 Node from 2012 to 2013 requesting assistance to help correct a market failure. <br />Additionally, the City of Ramsey owns an inventory of real property located adjacent to the 167/47 <br />Node totaling 16.52 acres. Said property was identified as surplus City owned land in 2012 and is <br />available for sale. <br />Both the EDA, Planning Commission, and City Council have expressed interest in addressing the <br />167/47 Node. <br />PURPOSE <br />To guide City participation in the redevelopment of the 167/47 Node; and, specifically identify a <br />common goal, vision and working parameters. <br />The desired outcome of this document is to develop a clear, consistent, transparent and fair process the <br />City, prospective developers, property owners and Staff can rely on as proposals are received. The <br />Ramsey Economic Development Authority (EDA) shall represent the City of Ramsey in relation to the <br />167/47 Node by utilizing this document. <br />Note: The City Council makes all final policy decisions; which may deviate from this document. <br />GOAL <br />To improve and/or remove blighted properties and encourage sustainable market -driven redevelopment <br />of the 167/47 Node that will benefit the entire City of Ramsey. <br />Blighted Properties: Please reference Appendix A: Primary Area of Concern. <br />VISION <br />A mixture of residential and retail uses. Residential users may include single family residential, <br />townhomes, apartments or senior living units as directed by the market. Retail will include a market <br />driven neighborhood commercial node; whereas, the existing stock of retail is appropriate for a <br />regional commercial node. <br />Policy for Guiding Development Participation: 167/47 Retail Node Page 1 of 4 <br />