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2 <br /> <br />The property will be designed as a planned development, allowing for phasing as the <br />users/use components and phases are ready for delivery. Site access, ingress/egress, <br />parking and storm water management systems would be integrated to serve the project <br />as a whole and be governed by cross-access and operating agreements between the <br />parcels. <br /> <br />Given the large employment center, with a significant employment base within walking <br />distance of the site, the location provides the opportunit y to bring valued services and <br />convenience to employees and visitors seeking services without dependence on an <br />automobile or travel to other communities for services. <br /> <br />SUMMARY <br /> <br />Overall, the project development objective is to reposition the banking and f inancial <br />services functions to Bremer’s market service standard and viable bring complementary <br />uses to the site. <br /> <br />With the growth of local employers in the immediate and surrounding area, the site offers <br />excellent connectivity and ability to create more walkable access to community and <br />neighborhood services. <br /> <br />The development will create a vibrant and energetic new identity and presence for the <br />property as an entryway to the Arden Hills community. <br /> <br />Bremer intends to complete project approvals this fall and complete design and permits <br />to meet a spring 2017 construction start for the new bank building phase. Timing for the <br />subsequent phases will be planned for 2017 and 2018. <br /> <br /> <br /> <br /> <br />