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(1) Stone Brook Feedback <br /> A. These sites are generally acceptable, but not desired <br /> o Stone Brook agrees these sites could work for their development,from a physical site layout <br /> perspective,and are willing to discuss. However, look/feel/vision are very important to Stone <br /> Brook. These sites don't meet their vision—and they don't believe having their facility located <br /> here meets the vision of The COR. Please see"Site 1 Log"for more information on their vision. <br /> B. This location is not ideal for Stone Brook <br /> o Being located in the center of The COR is very important to Stone Brook. Please see"Site Log 1" <br /> for more background on their feedback on location. <br /> o They believe this site pulls them too far west—away from Ramsey Boulevard,too far away from <br /> a "walkable location",and too far away from Northstar commuters. Lastly,traffic/retail <br /> development doesn't provide the fit/sense of safety they desire. <br /> C. Price is an issue with these sites <br /> o These sites are more expensive than Stone Brook can afford (per square foot). Additionally,they <br /> are larger than what is needed (only 1 acre is needed—potentially.9 acres). As a result, placing <br /> Stone Brook on these sites will result in extra costs(land purchase),and wasted land. <br /> o Stone Brook appears to like the 1.35 site (A) most—if they had to choose. However,the 1.23 site <br /> (B) results in less wasted land,and less cost for land. Site C only has about.45 acres of usable <br /> land available,and is too small for Stone Brook. <br /> o Stone Brook would be happy to further consider these sites if the city was willing to drop the <br /> price down to$150,000-$200,000 per lot(similar to what they want to pay for the site near <br /> Yolite). <br /> ■ McDonald's Pads <br /> • 1.23 acres,$12.00 psf,$642,945 <br /> • 1.35 acres,$12.00 psf,$705,672 <br /> Page 3 of 6 <br />