Agenda - Council Work Session - 10/12/2021

Home

runs north/south along the eastern border of the city and provides connections to 1-94 and CSAH 81 in the north at Rogers. Look to Future Forecast show the population in Corcoran is expected to increase to 11,300 living among 4,700 households and employing 2,300 by 2040. The City anticipates the demand for commercial and industrial development will increase significantly by 2040 as well. Therefore, the City's Land Use Plan identifies large areas of commercial, industrial, business -park, and mixed land use that will provide for a mix of jobs, ranging from retail and commercial service jobs to high end technology jobs. The City's development plan for its downtown area provides an opportunity for additional economic development. The City has guided this area for Mixed Use on the 2040 Land Use Plan, providing flexibility for future development. A future I-94/Brockton interchange planned in Dayton, and a Highway 610 interchange planned in Maple Grove, will impact the northeastern portions of Corcoran. These roadway improvements will significantly improve access to the City, making it a more desirable location for commercial and industrial development. Progress To serve this future demand, the City has planned a large industrial/business park area and commercial/mixed use development in the northeastern portion of the City near each interchange. Additionally, expanding municipal sewer and water services will provide for increased housing opportunities in the City. Key Takeaways • Corcoran anticipates nearly doubling population, households and employment by 2040. • A future I-94/Brockton interchange in Dayton will combine with the TH 619 interchange in Maple Grove to significantly improve access to Corcoran potentially increasing industrial and commercial development. • The City has planned industrial/business park and commercial mixed use development near each interchange. Dayton 2040 Comprehensive Plan (Draft, 2020) Look Back The City of Dayton is a growing community with a population of 6,072 living among 2,158 households and employing 1,230 in 2018. Dayton is a somewhat rural community with vast agricultural tracts and parks and recreation tracts. A goal of the plan is to focus service businesses and development near urban residential densities and along primary transportation corridors. Look to Future Population anticipated to increase to 10,400 in 2040. Households and employment are anticipated to more than double, increasing to 4,400 and 3,000, respectively. The plan designates higher density housing opportunities along major transportation corridors and in close proximity to the new Dayton Parkway Interchange (to be constructed in 2020). For example, the City has planned a large area of mixed -use southwest of the interchange that would support higher density housing uses along the I- 94/Hwy 81 corridor which will also provide opportunities for future transit supported residential. NW Metro Mississippi River Crossings Feasibility Analysis Page l 27