09-07-16 EDC - Laserfiche WebLink

Home Browse Search

Project Status Memo 3 allow for large stretches of underground parking below commercial and multifamily sites while creating fill to be used elsewhere. “You would have no competition almost anywhere in the metro area,” he said, adding that the site is within easy driving distance of both big downtowns. Negotiations, in effect, over the height of buildings began almost at once: It has long been clear that where Ramsey County is comfortable with an urban village, Arden Hills prefers something more suburban. Asked what he can make work, Lux said that financially speaking, “eight stories would be the minimum” for some town-center areas. “I know it works with 12; if capped, 10 to 12 I know could work, I’d probably say 10. Tour some projects with me and I think you’ll be more comfortable with the height.” He described the build out as a 10-year process. Alatus won the right to become master developer after a competition against some of the region’s and the nation’s biggest firms, promising a visionary, even “spectacular,” addition to the suburban landscape. Arden Hills Mayor David Grant murmured: “Eight to 12 stories, we’d need a lot of conversation on that — as well as perhaps the apartments” the developers also propose — promised as “high- end, not low-income.”