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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. However, look/feel/vision are very important to Stone Brook. These sites don't <br /> meet their vision. Please see "Site 1 Log"for more information on their vision. And,they feel <br /> this site location doesn't fit the vision of The COR for this area. <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 east—away from Armstrong Boulevard,too far away <br /> from a "walkable location",and too far away from Northstar commuters. Lastly, potential traffic <br /> issues with the private access drive/and a gas station development don't provide the fit/sense <br /> 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)—this site is listed <br /> at$6.00. "Site Log 1"for more background on their feedback on price. <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 acre,or about$3 psf(similar to what they want to pay for <br /> the site near Yolite). <br /> o Stone Brook is concerned these sites will create just as large,or even larger policy issues/ <br /> discussion RE remnant lots/required public infrastructure(which will result in increased project <br /> costs not shown above,and delay their project). <br /> Page 3 of 6 <br />