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Agenda - Economic Development Authority - 01/25/2018
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Agenda - Economic Development Authority - 01/25/2018
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3/17/2025 2:27:22 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
01/25/2018
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• Midwest Medical Examiners — An 18,353 <br />square foot office building with world class <br />medical diagnostic and scanning services. Also <br />provides coroner services for law enforcement. <br />Education <br />• PACT Charter School — A K-12 charter school <br />with 600 students. <br />Residential Projects <br />• The Residence at the COR — A 230-unit <br />market rate apailment project that is planned to <br />open in spring of 2013. It is being developed by <br />Flaherty and Collins of Indianapolis, Indiana. <br />The City has pledged TIF revenue as well as <br />some additional equity for gap financing. This <br />project will be connected to the parking ramp at <br />the station platform and be an important <br />placemaking project, catalyst, and anchor for <br />the station area. <br />• Seasons of Ramsey — A 50-unit rental townhome development is planned north of the Ramsey <br />Station at 147th Lane and Rhinestone Street. Completion planned for 2013. <br />• Other Residential — Over 350 units of townhomes and small lot single family homes have <br />been constructed by K Hovananian Homes and DR Horton. <br />DEVELOPMENT SUMMARY <br />Commercial development (retail, office, and medical) in The COR totaled 320,000 square feet <br />over the last 10 years, as shown in Table 7-4. This represented 75 percent of Ramsey's total <br />development in these categories. The COR captured 53 percent of the retail, 89 percent of the <br />office, and 100 percent of the medical office. Office/warehouse and office/manufacturing space <br />in other parts of Ramsey totaled 852,779 square feet. All told, Ramsey developed over 1.2 <br />million square feet of space along with over 580 residential units. <br />7-7 <br />
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