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ARDEN HILLS SPECIAL CITY COUNCIL WORK SESSION – SEPTEMBER 8, 2014 5 Mr. Roberts stated that the ratio he was proposing for office/production space would provide him enough flexibility to meet the needs of the market. He provided comment on his potential development and construction timeline. He reported that he may not construct the building for another eight years. He asked if the 20% office was an agreeable ratio for the City. Councilmember Holmes supported this ratio. Councilmember Holden questioned how this ratio would affect the different buildings. She hoped to see some office space in the small building and at least 20% of the space used for office in the large building. Mr. Roberts did not object to have 20% office space in the larger building and allowing for more flexibility in the smaller building. City Administrator Klaers clarified that the concept approval from the Council was favorable at this time. However, eight years from now, the Council may have a different opinion. Mr. Roberts understood this to be the case. However, he stated that he would not build a 200,000 square foot building until there was a market demand for the space. City Administrator Klaers discussed the cost for the Round Lake Road improvement project. C. PC 14-029 Concept Review – 1235 Red Fox Road – Roberts Management Group City Planner Streff stated that the Roberts Management Group has requested that the City Council review the proposed development concept for the property at 1235 Red Fox Road and provide feedback on the plan. City Planner Streff noted that the property at 1235 Red Fox Road is approximately eight acres in size and is situated at the southeast corner of the Highway 51 and Interstate 694 interchange. The property has frontage along Red Fox Road and can also be accessed from the western terminus of Northwoods Drive. Roberts Management Group has provided two preliminary site plans depicting how they propose to develop the property. The plans are substantially the same, with only minor differences between the two in terms of parking lot layout and the footprint area of one of the proposed buildings. City Planner Streff explained that the Roberts Management Group is proposing to construct two multi-tenant light industrial buildings on the property. Building 1 would have a footprint of between 50,000 and 52,500 square feet and Building 2 would be approximately 45,000 square feet in size for a total of 95,000 to 97,500 square feet of structure coverage on the lot. The two proposed buildings would be similar in design and use. The applicant expects that on average 20 percent of each tenant space will be used for office purposes with the remaining space being used for a variety of activities, such as manufacturing, production, warehousing, and retail sales/services. Given the visibility of the property from Interstate 694 and Highway 51, Roberts Management Group believes the project could attract some commercial showroom and retail tenants as well.