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o History of un-successful vertically mixed-use projects. In fact, many areas that do have <br /> vertically mixed-use projects are struggling to fill their ground level store fronts today, <br /> and many of those projects are located in the highest demand markets within the Twin <br /> Cities (i.e. uptown, St. Louis Park, etc.). <br /> o If the City expects vertical mixed-use projects within The COR-1 Zoning District, it is highly <br /> unlikely the private market will bring this to Ramsey alone--the City should pro-actively <br /> prepare a plan to subsidize/encourage this activity. The City should generally be prepared to <br /> financially participate. The City will need to lead this effort. <br /> Page 6 of 8 <br />