1.A Arden Village Workforce Housing Concept

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** Arden Village dP A Multifamily Living Connnunity Executive Summary The proposal herein is to request concept approval and a letter of support for local participation from the City of Arden Hills for a 55 unit work -force housing development in Arden Hills. The concept and location of the apartment community is a perfect fit for the Smart Growth principals including, creating a range of housing opportunities and choices, encourages community and stakeholder collaboration, takes advantage of compact building design, does not require extensions of water and sewer and is near many services and jobs. With support from the City of Arden Hills, the development will be a secure, well -maintained and managed community that offers life cycle housing opportunities for the residents of Arden Hills. Project Developer/Owner/Architect/Contractor/Manager Sand Companies, Inc. (SCI) has earned its reputation for professionalism, thoroughness and proven results in the construction, property management, development and architectural industries. SCI's reputation and accomplishments can be attributed to the many successful partnerships formed over the years. Not only does SCI facilitate all aspects of the real estate development, it becomes a part of it by establishing successful working relationships and communicating effectively with all parties involved. Since inception in 1991, Sand Companies, Inc. has successfully completed the construction and/or development of 50 multifamily housing developments (2,593 units), 12 hotels (935 guest rooms), 15 commercial projects, 6 residential subdivisions (239 lots) and various other projects. SCI also manages 20 residential housing developments (675 units), 17 hotels (1,382 guest rooms) and 2 restaurant/conference facilities. See the enclosed Company Profile for more detailed information. Arden Village Proposed Development 2