CCWS 12-20-2004 - Laserfiche WebLink

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ARDEN HILLS CITY COUNCIL WORKSESSION December 20, 2004 5 e Councilmember Larson recommended that the City place an entry sign on Round Lake Boulevard. Mr. Clark said that he would request an easement for placing an entry sign on the Holiday Gas Station property. Community Development Director Scott Clark provided the City Council with an update on the old City hall site. City staff acquired the services of Short Elliot Hendrickson (SEH) to complete a wetland delineation study at this site. The study found two locations on the site that were deemed wetland areas, but this issue should not cause any design or layout issues for the City. The Pre-Demolition Building Survey found two walls that contain vermiculite and possibly asbestos materials. The vermiculate must be kept wet during demolition and disposed of at an approved landfill site. The commercial and residential value ofthe old City Hall property is the following: . Residential Estimated Value $1,250,000 Million . Commercial Estimated Value $1,472,000 Million The original offer that the City received for this land was $1 million. The developer that e submitted this proposal is very interested in this development project. One of the options that is being proposed for this development is the possibility of constructing office condominiums. A similar project is being constructed in Lakeville. Mayor Aplikowski stated that she has contacted the interested developer and that he is very interested in working with the City and will do whatever the City wishes to construct in this area. Referring to comparable properties in the area, Councilmember Holden asked why the property in New Brighton is valued more ifit is smaller than the City Hall property. Community Development Director Clark noted that the property in New Brighton is considered commercial and not condo-business. Councilmember Larson asked if the public is aware ofthis property's availability. Mayor Aplikowski believes that the market is very aware of this property. Councilmember Holden asked Mr. Clark to define an office-condo. Mr. Clark described an office-condo development as a building where individual units are owned rather than leased by the various occupants, often times by professional such as doctors, lawyers, or dentists. - Councilmember Larson is concerned about the neighborhoods reaction to the office-condo proposal. Although, he agrees that this is an opportunity for the City to improve its tax base.