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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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Economic Development Authority
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01/25/2018
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Year <br />Table 7-4 <br />RAM SEY DEVELOPM ENT BY TYPE; 2002 TO 2011 <br />(Square Feet) <br />Medical Office/ Office/ <br />Retail Office Office Warehouse M anufacturing <br />2002 10,086 - - 63,336 <br />2003 - - - 28,000 56,314 <br />2004 1,960 71,470 - 202,480 60,828 <br />2005 138,768 36,528 - 130,655 89,366 <br />2006 - 51,829 - - 30,000 <br />2007 12,580 - - - 120,000 <br />2008 7,600 19,000 18,353 25,600 26,200 <br />2009 7,800 - - - <br />2010 1,500 - 25,682 - 20,000 <br />2011 - - 20,000 - <br />Total 180,294 178,827 64,035 450,071 402,708 <br />In The COR 96,175 159,827 64,035 <br />Percent 53.3 % 89.4 % 100.0 % <br />So urce: City of Ramsey and M cCo mb Gro up, Ltd. <br />Planned Developments <br />Several planned developments include: McDonalds, SuperAmerica, and Northgate Performing <br />Arts Center. <br />LAND USE PLANS AND POLICIES <br />The area around Ramsey Station was designated as a mixed use district in the City's 2030 <br />Comprehensive Plan. It seeks to develop a town center or downtown for Ramsey, which The <br />COR will provide. The mixed -use district promotes: <br />• Higher residential densities than are common in Ramsey, where residents can take <br />advantage of transit opportunities; <br />• Civic places where people can gather and events can be held; <br />• Commercial/retail to meet the needs of the community, with residential units above; <br />• Professional offices and other places of employment. <br />The COR is specifically identified in several sections of the 2030 Comprehensive Plan as a vital <br />component to Ramsey's future housing needs. The town center area will provide a diverse <br />housing stock meant to attract residents of all ages and incomes by offering amenities, access to <br />transportation, and recreation and entertainment opportunities. The Comprehensive Plan <br />specifically highlights the importance of senior and affordable housing to the town center <br />district. It also notes the potential for the district to attract and retain young residents through its <br />amenities and access to transportation. <br />INFRASTRUCTURE PLANS AND NEEDS <br />The COR project has all necessary wet and dry utilities in place, and most major roadways. A <br />key improvement is the planned Armstrong Boulevard interchange with TH-10. This is judged <br />7-8 <br />
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