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Economic Development Authority (EDA) 4.2. <br />Meeting Date: 02/09/2023 <br />Submitted For: Sean Sullivan, Community Development <br />By: Sean Sullivan, Community Development <br />Title: <br />Receive Draft West Armstrong Area Street Reconstruction Feasibility Report <br />Purpose/Background: <br />The purpose of this case is to: <br />1) Receive Draft West Armstrong Redevelopment Area Street Reconstruction Report <br />2) Provide comments / suggestions /recommendations to City Council <br />Background: <br />The Proposed West Armstrong Street and Infrastructure Project <br />In 2017-2018, the City began planning for the reconstruction of 146th Avenue, 147th Avenue and Ferret <br />Street. In January of 2019, the City tabled the project with the support of the adjacent private property owners <br />until future land use planning and visioning were complete. With the completion of the 2040 Comprehensive <br />Plan Update, that visioning and land use planning is now complete and the City should be able to move <br />forward with this needed pavement management plan without interfering with the redevelopment vision. In <br />fact, investment in basic infrastructure in this area likely will leverage interest to facilitate private <br />redevelopment. This proposed project expands sewer and water in the area and also connects Ferret Street to <br />Bunker Lake Boulevard (new infrastructure in addition to reconstruction of existing infrastructure). Multiple <br />property owners in the West Armstrong Redevelopment Area have expressed support of the street <br />reconstruction and extension of city services, which is a change from the 2018-2019. <br />In May of 2021, the EDA and City Council reaffirmed the vision of the West Armstrong <br />Redevelopment Area (Industrial and COR zoning) and to asked Staff to put together a plan to identify project <br />costs and design to: <br />1) Reconstruct 146th, 147th and Ferret Street <br />2) Extend Ferret St. to Bunker Lake Boulevard <br />3) Install City Sewer, Water and Storm Sewer <br />The City Council directed staff to bring forth a proposal to obtain design and costs to reconstruct <br />and design roadways and to install City utilities. Staff obtained authorization to move forward with the <br />proposal through Resolution #21-349 adopted by the City Council on December 14, 2021. <br />Draft West Armstrong Area Street Reconstruction Feasibility Report <br />Bolton and Menk has completed the Draft West Armstrong Area Street Reconstruction Feasibility <br />Report. The cost to complete the project is estimated to be $1,827,159.66 (including 10% contingency) <br />Development Update in West of Armstrong Redevelopment Area and Bunker Lake Business Park <br />Industrial development and demand remains strong in the City of Ramsey. Recent in -fill Development <br />(65,000 SF - Anderson Dahlen - AEC Energy Park) and developments in Bunker Lake Industrial Park <br />(Oppidan - 405,000 SF and BLIP 4 - 67,000 SF). PSD LLC is considering the construction of 84,000 SF <br />industrial warehouse building in Bunker Lake Industrial Park in 2023 which will reduce the available <br />industrial land with City Sewer and Water to approximately 10 acres. ARAA has submitted a site plan to <br />construct a Sports Dome on the SW corner of the industrial guided site <br />