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Project Specifications <br />Project - <br />The proposed 10,000 sf, 1-story, Stone Brook Academy & Daycare facility will include seven class rooms, a gym, <br />kitchen, offices, reception area, and a playground. The academy will be staffed by 15-20 employees (including <br />State certified instructors), and will serve 140 children. Mr. and Ms. Johnson have indicated they intend to <br />construct a very nice looking building (including brick/ glass) and they generally understand design standards for <br />The COR. Also, they want to create a facility that becomes an asset for the community, interacts with residents, <br />and draws people to The COR. <br />Mr. and Ms. Johnson reviewed sites in Ramsey and neighboring cities (Coon Rapids, Andover, Elk River, Otsego, <br />Rogers, etc.). The central part of The COR is their ideal location, and where they are proposing their new facility. <br />They looked at multiple site locations within The COR. Site #1 is their most desired location. At this point, they <br />estimate a need for 0.9-1-acres of land. <br />Site Location - <br />This is an open item. The purpose of this case is to provide guidance on site location. Stone Brook has considered <br />10+ sites in Ramsey, and various sites in other cities. In previous cases, staff attached logs that detailed feedback <br />from Stone Brook, and various city commissions, on other sites. Stone Brook wants to be located in Ramsey. <br />Furthermore, Stone Brook continues to indicate Site #1 is their ideal location, and is awaiting final direction from <br />the City on that specific site. Site location is very important to Stone Brook. <br />Owners - <br />This is a project they've been researching and planning for over two years. They have reviewed the project with <br />two developers, an architect, and with two banks. At this point, they are ready to make their dream a reality --they <br />have their equity lined up --financing arranged --they are ready to apply for State Licensing --they are ready to go <br />through the real estate entitlement process --they are ready to begin hiring/ training employees --and they are <br />ready to enter into a purchase agreement with the City. Their goal is to begin construction in early summer 2017. <br />The new children's academy will be called Stone Brook. This startup company has an advantage in that Mrs. <br />Johnson's father started a children's academy franchise in Florida called Prestmore Academy, therefore, Mr. and <br />Mrs. Johnson will have the support of an experienced operator to assist with planning, preparation, and operation <br />of the project. Here is a link to the Prestmore Academy website http://www.prestmoreacademy.com/. Please see <br />"about" page for details. To begin, Mrs. Johnson will quit her current practice to operate Stone Brook. Mr. Johnson <br />will continue his practice, until the businesses is self sustaining. <br />Mr. and Mrs. Johnson, Stone Brook Academy have described this venture as much more than a business idea. They <br />believe this project is the accumulation of several personal and professional goals, that fulfills a deep-rooted <br />passion to give back to the world --through the education and development of children. To them, this is their <br />dream. <br />Mr. and Mrs. Johnson have also said it is very important for them to make strong connections to other users in The <br />COR (and the community), to have a high -quality/ high-tech/ high -security facility, and to provide high -quality <br />service offerings (academy). They have indicated they hope to be more than a childcare center, they are also an <br />educational institution and asset to the community, and should not be compared to a purely traditional daycare <br />center Horizon. <br />Both Mr. and Mrs. Johnson strongly believe in the vision of The COR-- especially the center of The COR. They <br />believe in the principles of a walkable development, with close proximity to residential, close proximity to rail, <br />high -quality architecture, and density. They believe their project is best located in (or near) the center of The COR, <br />as a destination (140 kids, 20 employees). This is the main reason they want to be on Site #1. <br />Page 1 of 2 <br />