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Project Status Memo 3 <br />Bob Lux <br />Bob Lux, president of Alatus, which was founded in 2005, has been in the development game for <br />more than 30 years. His portfolio includes the Carlyle Condominiums, Grand Park <br />Condominiums and the upscale apartment complex Latitude 45, all in Minneapolis. <br />Inland Development launched this past year, but its co-founders Shaver and Kent Carlson both <br />had long careers with Opus and Ryan respectively before starting the new company, which <br />focuses on office, industrial and retail development. <br />Tom Shaver <br />Carlson had a hand in the mixed-use development, Dean Lakes, in Shakopee, as well as Centre <br />Pointe Business Park in Roseville. Shaver helped transform a 31-acre brownfield site in Hopkins <br />into a Cargill corporate campus. He was also involved in building UnitedHealth Group’s <br />headquarters in Minnetonka. <br />Todd Stutz is president of Robert Thomas Homes, a company under the Tradition <br />corporate umbrella, and has been involved in real estate for more than three decades. Tradition <br />Development likely has the most direct experience tackling projects on the scale of Rice Creek <br />Commons. In recent years it served as the residential developer on Cobblestone Lake, a 320-acre <br />mixed use development now almost fully built-out in Apple Valley, as well as Spirit of Brandtjen <br />Farm, a 510-acre development underway in Lakeville. <br />Todd Stutz <br />It’s the diversity of expertise on the team, as well as its commitment to bringing in other area <br />builders for the project, that will help make the development distinctive, team members said. <br />Q AND A <br />Two weeks after being selected, three of the four principals discussed their vision for the project <br />and what the road ahead looks like. Their responses have been edited for brevity and clarity. <br />So now that you guys have the job, what happens next? <br />Lux (Alatus): There is a lot of discovery right now. (Reviewing) all the reports that have been <br />done to date, refining the market studies, refine our concept plans, branding concepts in <br />conjunction with the Joint Development Authority (the board overseeing the development, from <br />Arden Hills and Ramsey County). Also, getting information from them on their sweet spots, on <br />what is important for them. They have spent literally thousands of hours to get to this point; we <br />want to make sure we understand what they want. <br />Shaver (Inland): When we say sweet spots we mean goals. The county has a set of goals and <br />the city has a set of goals and we are starting to pull those out of them to bring forward into the <br />plan.