Laserfiche WebLink
- H O M E S <br />March 20, 2022 <br />Mr. Sean Sullivan <br />Economic Development Director <br />City of Ramsey <br />7550 Sunwood Drive NW <br />Ramsey, MN 55303 <br />Mr. Sullivan, <br />As you know, Capstone Homes has been in communication with City Staff since last October when we submitted a <br />sketch plan on Parcel #46. At that time, we learned that the City was in the process of a wetland delineation and <br />feasibility study for the area. <br />The wetland delineation has identified 4.1 acres of wetlands on Parcel #46 requiring mitigation if impacted with <br />development. The feasibility study identified the anticipated volume of material required to raise the site to allow <br />the site to balance during site grading. While additional considerations that largely include timing and City <br />contribution costs to the City's vision of the COR where discussed, wetlands and material assessments have been <br />helpful to design a revised sketch plan for submittal today. <br />This initial sketch includes 168 townhome units. The neighborhood will offer trails, an HOA maintained recreational <br />open space for neighborhood play and be in close proximity to the future waterfront park, COR retail and <br />restaurants, and trail connection to Lake Itasca Park. The price range for these homes will be $300,000.00- <br />$335,000.00. Townhomes along Bunker Lake and Sunfish Boulevard will include enhanced rear architecture. <br />As the northwesterly entrance to the COR at Armstrong and Sunwood, Parcel #46 has great development potential <br />to enhance the comprehensive vision for the city. The townhomes presented here are newly designed and have <br />been drafted with Parcel #46 in mind. The architecture fits the character of the COR and will complement well the <br />vision the city has for the COR. The sketch plan introduced here can be the 'bookend' the city has been looking for <br />to develop Parcel #46 within the Sunwood corridor. Additional homeowners within the COR will promote walkability <br />in the COR and thus entice more restaurants and retail to come into the COR. <br />As a Ramsey based company, Capstone Homes has enjoyed working closely with City staff and elected bodies to <br />bring highly sought-after quality homes in the Brookfield, Riverstone, Riverstone South and The Preserve at <br />Northfork neighborhoods. We look forward to working with the city staff and elected bodies once again to bring <br />Parcel #46 to life. <br />Regards. <br />4�1-_km zv�_ - <br />Heather Lorch <br />Land Manager <br />Encl: Capstone Parcel #46 Sketch Plan <br />Capstone Parcel #46 PDF <br />Capstone Parcel #46 Aerial <br />CAPSTONE HOMES, INC. <br />14015 SUNFISH LAKE BLVD, SUITE 4001 RAMSEY, MN 55303 <br />0: 763-427-3090 1 F: 763-712-9060 <br />