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City of Arden Hills City Council Meeting for January 9, 2017 Page 2 of 17 1. Project Description The applicant is requesting approval of a Planned Unit Development that would include demolition of the current Bremer Bank building, to be replaced with a new 2,750 square-foot bank facility. The PUD application also proposes an 8,000 square-foot (approximate) daycare facility and a 7,500 square-foot multi-tenant commercial building. It is planned that the multi- tenant building would include office, health care, restaurant, retail and other commercial uses. Drive-up lanes are proposed for both the bank and the multi-tenant building. A total of 110 parking stalls are proposed for use between the three buildings. Phase 1 of the redevelopment will include the demolition and construction of the new bank. It will also include tree removal throughout the entire site. The applicant expects construction on the bank to begin in June or July of 2017 and be completed by late 2017 or early 2018. Phase 2 will include construction of the multi-tenant building and the addition of a turn lane on Lexington Avenue. Phase 2 would likely begin later in 2017. A Final PUD application for Phase 2 is expected to be submitted in the spring of 2017. Phase 3 would be comprised of the construction of the daycare facility. The application also includes requests for Preliminary and Final Plat approval. This process will subdivide the current parcel into three separate lots for the three proposed buildings. However, since the site is being developed as a Planned Unit Development, it would function as a whole and have a reciprocal easement agreement between the parcels to govern access, parking, maintenance, and other items. A separate outlot is also being created for stormwater management and drainage purposes. The redevelopment of a site with a bank is unique because FDIC rules do not allow for a bank to close for construction. The applicant has proposed a plan where a temporary trailer will be installed within the northern most parking stalls of the parking lot (along with leaving nine parking stalls) while the existing bank is demolished and the new bank is constructed. The temporary bank facility will use only the existing County Road F access. This temporary facility is shown on Exhibit B of the plans and the phasing of the improvements to allow the new bank to open is shown on Exhibit C. The applicant has submitted a project narrative explaining the proposed project in further detail, where flexibility is being requested, and why the overall proposal is within the publ ic interest (Attachment A). A complete plan set has been submitted for the Preliminary Plat, Final Plat Master PUD for all three lots; Final PUD for Lot 1; and a CUP for the possibility of a restaurant within the multi-tenant retail building on Lot 3 (Attachment B). 2. Planned Unit Development (PUD) Process: