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ARDEN HILLS SPECIAL CITY COUNCIL WORK SESSION – AUGUST 22, 2016 3 Mr. Shaver, Inland Development Partners, anticipated it would take five years to build the housing developments. The demand for the housing products was discussed with the Council. The housing plans for Town Center was then reviewed. Mayor Grant understood that the proposed plans from the developer had a higher density within Town Center than the entirety of the previous plan. Mr. Lux stated this was the case. He commented further on the overall plan, noting that the higher density within the Town Center would assist with supporting the proposed retail. He provided further comment on benefits this density would bring to the City. Councilmember Holden understood the Town Center would be difficult to support given the close proximity of Rosedale. She wondered if the Council and the Master Developer were looking at Town Center all wrong. Mr. Lux believed the Council was looking at Town Center correctly with the caveat that the proposed density really does work with the amount of proposed retail. He saw the Town Center as a game changer for the entire City of Arden Hills. He reported the Town Center would have high quality housing, entertainment, restaurants and retail. It was noted parking would be the biggest challenge for this area of the development. Mayor Grant questioned if Alatus had any examples of where a similar development had been successfully completed. Mr. Lux stated he did not. However, he commented bits and pieces were being done all over throughout the suburbs. Ms. Kvilvang noted there would be a range of market rate apartments from 400 to 725 with 300 to 400 senior apartments. Mayor Grant discussed the most recent Maxfield study and believed the Master Developer was going against their recommendations. Mr. Lux explained he could easily construct 600 apartment units over a five to ten-year period of time. He stated he was asking for the additional height in order to add a vibrant and interesting texture to the development. Councilmember Holden questioned how much lower Town Center would be from the Creek. Mr. Shaver indicated he was working on the elevations of the development at this time and could report back to the Council at a future meeting. Councilmember Holden feared that the metro area was now saturated with senior housing and noted she discussed this with a researcher. She asked if senior housing would be necessary. Mr. Shaver noted his research showed there was still a need for senior housing. He reported that senior housing developers had approached him in order to be a part of this development.