Agenda - Council - 08/23/1983 - Laserfiche WebLink

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!1 I I I I I I I I I I I I I I I PROJECT SUMMARY SHEET PROJECT: DEVELOPERS: PRINCIPALS: LOCAT ION: Ramsey Centre Ransey Centre Associates, a Minnesota Limited Partnership Robert D. Muller J. Stephen Schmidt 6~ Acres, SW Intersection 167th Avenue NW & Highway #47 PHASE I. 39,628 S.F. 145 parking spaces $1,750,000 approximate cost, including land PHASE II. 16,210 S.F. 114 parking spaces $750,000 approximate cost, including land TOTALS: 55,838 S.F. 259 parking spaces $2,500,000 approximate cost, including land This project is expected to bring a number of needed services to the Northeast corner of the City of Ramsey. Expected tenants are a major drug store, a major variety store, service type offices, a branch of the Anoka County Library, and small shops. Construction will be of prestressed concrete with a steel roof. All the stores and offices will be accessible from an attractively decorated, enclosed common walkway enabling Centre visitors to move from business to business without leaving the building. The site is best suited for this type of slab-on grade building, with engi- neering appropriate to the soils, given the already in place commercial busi- nesses immediately across 167th Avenue. In addition, the City of Ransey has planned for this type of development with excellent access from Highway #47, a commercial type street and gutter, and storm sewer already in place. Within one block of this intersection are located two hardware stores, a pizza shop, barber shop, liquor store, contract post office, a bank office, and a Super Valu doing $4,000,000 sales per year. It is calculated there are nearly 10,000 visits per week to this commercial district. The nearest competitive commercial district is six miles away. The Developer indicates there are 6500 people within a 3½ mile radius of the intersection.