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Agenda - Economic Development Authority - 01/12/2017
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Agenda - Economic Development Authority - 01/12/2017
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Meetings
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Agenda
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Economic Development Authority
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01/12/2017
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(2) Staff Feedback <br /> A. Staff did not spent a significant amount of time reviewing these options. Generally,yes,these sites would <br /> work form a physical site layout perspective. <br /> B. These sites are nice in the fact that some arterial public infrastructure is in place today(however, much is <br /> not). These sites generally appear to be high and dry,and have access to utilities. <br /> C. Pricing is still higher than what Stone Brook wants. However,negotiating down from$6.00 psf seems <br /> more reasonable than$12.00(as is the case on most other COR sites). <br /> D. Staff would like to note—there are other concerns with this site option: <br /> o Staff is generally concerned about traffic congestion/flow/safety on Sunwood Drive in this area <br /> of The COR. <br /> i. Staff is concerned the private Casey's access drive is located too close to Ramsey <br /> Boulevard,and is offset from the access drive across the Sunwood Drive(north side, <br /> Allina). Staff is concerned the physical layout of these existing private accesses will <br /> cause problems now and into the future—especially as ADTs increase on Sunwood. <br /> ii. Furthermore, staff is concerned about adding additional users to the Casey's private <br /> access drive,and making the traffic problem worse. The Stone Brook Academy with 140 <br /> kids and 20 employees will generate significant traffic. <br /> iii. From a traffic/safety perspective,staff believes future access to this site,from Sunwood <br /> Drive,should come from Peridot Street. Below are two exceptions: <br /> 1. Low impact/low traffic user wants to be located off the Casey's private access <br /> drive (example would be OGA or the Medical Examiners) <br /> 2. Master developer/master plan for the site all at once,that accounts for traffic <br /> flow globally. <br /> o This site has been visioned for medical parks/corporate parks/etc. <br /> i. When considering the Casey's store. And, now, potentially a children's academy/day <br /> care,staff feels the City may be pulling away from the vision for this part of The COR. <br /> Staff is comfortable with that direction—if it is the intention of our policy makers. <br /> However, it should be noted as a potential conflict to the vision for The COR. <br /> ii. If the City is seeking a corporate campus/medical office park for this 11.5 acre site— <br /> they may be wise to be patient. Retaining maximum flexibility/layout/size is ideal for a <br /> future developer. Staff has received unofficial interest from PSD to combine lots to <br /> create an even larger/more attractive corporate campus/medical campus site(20+ <br /> acres). The more the City pulls away from our vision on this site,and the more we <br /> subdivide,the harder it will be to land a big project/master developer in the future. <br /> Staff would like to note—a corporate campus/medical campus will likely take years to <br /> attract(not a short term goal). <br /> Page 4 of 6 <br />
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