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Site maximization and orientation <br /> In order to maximize the square footage of the proposed buildings across the entire Easterly portion of the new PSD <br /> business park,there will need to be an internal public road constructed and brought to the middle of the parcel. By <br /> constructing this internal public road,the East%of the site can allow for 4 buildings within the project, and a total of 7 <br /> buildings over the entire site. Given the close proximity to Highway 10, some buildings will be orientated to have <br /> visibility and front Highway 10. Some business that may choose to relocate within the proposed 15t phase of <br /> construction need visibility to insure growth to their businesses can grow. Also, in order to create synergy amongst the <br /> proposed buildings, a central internal public road gives a campus feel. <br /> The following expenses related to the site do not make it capable for PSD to pay for the internal public road,which are: <br /> • Relocating a spoil pile of non-compactible dirt which Bolton & Menk has tested. This pile is 45,000 Cu. <br /> Yd. in size,we plan to relocate this pile to the westerly boundary of the site. This will provide relief of <br /> sight and noise to the proposed housing development by Capstone Homes. This will also allow for a <br /> transitional buffer in between the industrial park and housing development. <br /> • The creation of multiple massive storm water pondage are required for the site for parking lot runoff. <br /> Numerous ponds, each well over an acre will need to be excavated and infrastructure brought into each <br /> of these ponds in order to have adequate capacity of storm water. <br /> • The clear cutting of trees to allow for mass grading is a large expense. The organic debris will need to be <br /> moved off site given the high density of construction we are proposing. Organic matter is not allowed in <br /> any pads or soils than need compaction. <br /> The proposed industrial park does not afford the ability to pay for the site improvements and construct an internal public road to <br /> serve the first 4 buildings of our concept. if the road cost is to be absorbed within the project,the expected returns do not meet our <br /> minimum threshold given the high cost of site work. In that scenario,we would price ourselves too high,and have difficulty being <br /> competitive with communities like Elk River,Otsego and Rogers. <br /> In conclusion,we are asking to partner with the City of Ramsey to develop an attractive, successful and viable industrial <br /> park. Having the possibility of businesses to be able to relocate into this industrial park within the City of Ramsey is a <br /> huge asset. Once employers and businesses occupy these buildings numerous jobs will be created. If the City receives <br /> inquiries from business that wish to locate within the City,there will be additional options which shorter lead times for <br /> relocation can be achieved. This project will create traffic,which in turn,will create other retail opportunities to be <br /> located in the adjacent COR development. Currently there are not parcels available that allow the construction of <br /> precast buildings, the existing area that allows industrial buildings is fully built out. Upon obtaining all of the City <br /> approvals required,we would like to proceed with the next steps of planning and engineering,then move onto <br /> construction this spring. I feel PSD has a great working relationship with the City, recently we worked hand in hand with <br /> the City administration and staff on the ParkView East project. Given our track record, PSD has the ability, project <br /> management and experience to see this project until its completion as well. I welcome any questions you may have <br /> regarding this project,feel free to contact me at any time. <br /> Sincerely, <br /> /Matt Kuker <br /> C00 <br />