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Agenda - Council - 03/11/2003
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Agenda - Council - 03/11/2003
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3/24/2025 3:46:03 PM
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6/23/2003 1:54:45 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
03/11/2003
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Selected Project Experience <br /> <br />. Page'4 .. <br /> <br />Analysis of Devel°Pment Potential on the Television City si. re in Minneapolis, MinnesOta <br /> <br />Maxfield Research Inc. conducted an analysis of the market potential for housing, .office and' : <br />retail development on a vacant parcel located just west ofHighway 280 near the'border between <br />Minneapolis and St. Paul; The Site under consideration is vacant,.but is bordered.by of- <br />rice/warehouse development-to the east, older single-family homes and light industrial, to the <br />west, industrial to the north and the television studios and administrative offices of Hubbard. <br />Broadcasting to the south. A development team Was assembled for this project including plan- <br />ning consultants, environmental Consultants, architects, a~orneys and appraisers. <br /> <br />Maxfield Research Inc. identified' development potential for multifamily townhomes, Student <br />housing, office and retail development in an'urban village setting.. . <br /> <br />Client: St. Croix Partners <br />Contact: Mr. Garfield Clark, Garfield Clark & Associatesl 612-333-6688 <br /> <br />Market Potential Analysis for Downtown Rosemount, Minnesota <br /> <br />Maxrield Research Inc. conducted a market analYsis of the potential demand for retail and office <br />space in an area identified as Downtown Rosemount. This area included the city's historic. <br />commercial core in addition to some additional newer blocks adjacent to the core that have. a <br />strong impact on the Downtown. The City's focus was to quantify the demand potential for the <br />above uses and to provide an implementation timefi:ame for the redevelopment of the Downtown. <br />Prior to conducting the market analysis, a planning consultant to the City had developed a <br />physical redevelopment plan for the Downtown core. Maxfield Research Inc. rev/ewed this plan <br />aspart of:our analysis and provided a "market reality" to the proposed plan. As a part of the <br />implementation strategy, Maxfield identified the potential combination of public and private <br />users in the Downtown to enhance.community draw and support additional prix~ate' investment. <br /> <br />Client: City of Rosemount <br />Contact: Mr. Jim Parsons, Community Development Director, 651-423-4411 <br /> <br />-237- <br /> <br /> <br />
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