Laserfiche WebLink
4.Community Center <br /> DESCRIPTION <br /> • The original vision for The COR calls for a community center. The scope of what a community <br /> center shall include has been loosely discussed over the past decade. No consensus vision <br /> exists today. <br /> • The City has identified a $4,000,000 contribution to a community center with their 10- <br /> year Capital Improvement Plan (CIP). That plan contemplates a partnership style <br /> community center. <br /> o Some people refer to the Champlin Lifetime Fitness as a potential model to consider <br /> (for a partnership). Champlin provided a $1.00 annual ground lease, and a parking <br /> ramp to Lifetime Fitness—in return for a nice facility, and discounted rates for <br /> residents, specifically for seniors. Another example is the YMCA in Andover. <br /> • If the city were to construct a community center alone, many speculate a minimum upfront <br /> capital investment of$20,000,000 roughly, and significant annual operating expenses. <br /> I . V <br /> Market Panel/Developer/Real Estate Professionals <br /> o The City needs to define their plan for a community center. The market panel strongly <br /> cautions the City against planning for a full-fledged community center. The capital costs <br /> are very high, and even higher are operation costs. <br /> o The City should consider different options for amenities (i.e. parks, Lake Ramsey, splash <br /> pads, limited facilities, etc.), or a partnership situation (i.e. with a Lifetime Fitness) rather <br /> than a community center. <br /> City Staff <br /> o This item is not a major issue today. However, staff and market experts are encouraging <br /> the City to provide some high-level direction on a community center—as it will drastically <br /> effect other planning documents (CIP, 5-year budget, COR pro-forma, etc.), and staff's <br /> response to individual prospects. <br /> • More specifically, is the city interested in a 100%city-owned and operated <br /> community center, or would the city rather focus on a partnership project(like <br /> Champlin or Andover)? <br /> • Note,this will also help staff set general community expectations correctly—as <br /> a community center is a very common request/question. <br /> o Staff would be happy to complete a very brief study of "what other cities have done" to <br /> prepare for this discussion. Staff could show capital costs, operation costs, and scope of <br /> services for the community. <br /> Page 11 of 15 <br />