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Symphony at Ramsey Town Center <br /> M/I Homes would like to build out the remaining portion of Symphony at Ramsey Town Center. The <br /> attached location map shows the area. At build out the site will consist of roughly 110 to 120 <br /> townhomes. This project was started in 2007. During the housing recession a large portion of the <br /> project was shuttered by K. Hovanian Homes. Jason Palmby, a local developer, has recently purchased <br /> the property from K. Hovanian Homes and is partnering with M/I Homes to complete the project. <br /> The City has recently adopted some new design guidelines for the area. The townhomes proposed by <br /> M/I Homes comply with many of the components within that design framework. The one component <br /> that has some concern is the covered balcony/patio on the front entry. M/I has found through market <br /> research and trial and error with other projects that buyers simply do not have a great desire for front <br /> porches. They simply don't get used and the added cost makes the home less appealing. Moreover, <br /> the porch cuts off natural light into the interior of the home.. This takes away a bright, open concept <br /> floorplan that many buyers desire. <br /> We have attached some elevations that M/I like to build within this development. We feel it is generally <br /> consistent with the current ordinance and meets the intent of providing some outdoor private space <br /> adjacent to the public sidewalk and street. As you can see with the attached townhomes, we will <br /> achieve a covered porch/stoop and will have a fenced front yard with a patio. The fence is provided as a <br /> separation between the public space and private patio. Landscaping will soften the view and provide a <br /> more aesthetically space for residents of the townhomes. This product has been very well received in <br /> the Chicago market and we feel it would do well in Ramsey, MN and the overall Twin Cities market. You <br /> will also note the material used to beak up the townhomes is purposely done to create separation with <br /> each individual unit. <br /> We look forward to a great project in Ramsey and look forward building over the next few years. Thank <br /> you for your time. <br />