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ARDEN HILLS SPECIAL CITY COUNCIL WORK SESSION—MAY 31, 2016 2 <br /> Kent Carlson, Inland Development Partners, stated he has been in the commercial real estate <br /> business for the past 30 years. He discussed his work history in detail with the Council and <br /> indicated he was looking forward to working with the City of Arden Hills on the TCAAP project. <br /> Tom Shaver, Inland Development Partners, reported he has been in this industry for the past 33 <br /> years. He commented on his work experience and-explained he was extremely excited to be a part <br /> of this project. <br /> Mayor Grant stated he was looking forward to the Council being able to hold a discussion with <br /> Alatus. He requested Alatus describe the first 90 days of this project. <br /> Mr. Shaver discussed the work that has been taking place by Alatus at this time, noting his team <br /> was working to fully understand the environmentals, site surfaces, and subgrade conditions. All <br /> of this information had to be understood prior to any mass grading being completed and would <br /> also assist Alatus in phasing the project. <br /> Councilmember Holden wanted to see the project done right the first time and appreciated <br /> Alatus' attention to the grading details. <br /> Mr. Shaver provided further comment on the projected timeline for the TCAAP development. <br /> Councilmember Holmes asked if the sequencing of payments would change. <br /> Ms. Kvilvang did not anticipate there would be any change to the timing and sequence to the <br /> proj ect. <br /> Mayor Grant questioned what market studies were being completed for the project. <br /> Mr. Shaver explained that two parallel studies were being completed for the TCAAP project. He <br /> reported the studies were focusing on single and multi-family residential. He commented on the <br /> discussions that were being held with brokerage firms. <br /> Councilmember Holden requested further information on Alatus' vision for mixed use. <br /> Mr. Stutz believed there was such a thing as too many single family homes and too many <br /> apartments. He stated it would be important to find the right mix of diverse housing for this <br /> development to be successful in order to meet the needs of all buyers. He appreciated all of the <br /> work the Council had completed within the TRC. <br /> Mayor Grant appreciated that Alatus was going to work to find the proper mix of housing for <br /> this project, knowing there was more than one right answer. <br /> Councilmember Holden discussed the history of the TRC and noted the Council had reviewed <br /> the density on three separate occasions. She believed the proposed density was a maximum. <br /> Councilmember McClung stated he would support a higher density for the project. <br />