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<br />I <br />I ARDEN HILLS CITY COUNCIL - SEPTEMBER 30. 1996 25 <br />it Councilmember Malone noted that Oakdale Development Corporation has been very responsive <br /> to the concerns expressed by the Planning Commission and he is pleased with the responses <br />I received back from the applicant. He stated the office percentage concerns him as well as the <br /> possibility of losing control. <br />I Dick Zehring, representing Oakdale Development Corporation, stated they propose to put $7 <br /> million into this proposed building in the Gateway Business Park and this is the first step to <br /> realize the long-term dream of Arden Hills for the Gateway Business Park. He explained that <br />I tenants do not always match building build-out year to year. Currently they have one tentative <br /> tenant, an office/warehouse project that is a permitted use under the Zoning Code. Mr. Zehring <br /> advised they experience a range from 5% to 8% office build-out to a 60% office build-out and <br />I belicves the allowable uses under the Zoning Code are appropriate. He explained they could <br /> very easily start out with the first run of leases and have a 20% or 28% office build-out or just as <br /> easily have a change in tenants that change the percentage. <br />I Mr. Zehring explained the concern of institutional financiers is that the City will not issue <br /> Occupancy Permits if the build-out falls below the indicated percentage. It was noted that from a <br />I planning standpoint, this is the most northerly parcel in the Gateway Business District and the <br /> prime development parcel is located southerly, closer to the intersection, so it should be the <br /> highest and best use, maybe a ] 00% office use such as a corporate headquarters. He suggesting <br />Ie the percentage of the office use, park-wide, will end up at 25% to 50% but the most northerly <br /> parcel will greatly differ from the southerly parcel. <br />I Mr. Zehring advised they have added $100,000 to the building based on Planning Commission <br /> requests and need to order steel and precast in November to meet the schedule. He stated they <br />I desperately need relief from the office percentage. He explained they discussed a range of 18% <br /> to 20% with the Planning Commission but subsequently determined none of the institutional <br /> lenders can live with that range so they are now requesting 8% as the bottom percentage with the <br />I understanding the building design, configuration, and uses will be in strict accordancc with the <br /> ordinance. <br />I Mayor Probst stated he is not concerned about where the office percentage is placed on the first <br /> building and believes the "key" is to set the stage for things to come. Mayor Probst stated while <br /> this is a nice project and an improvement, it is not his vision of the entire property. He stated one <br />I area of concern is positioning the overhead doors to face south. <br />I Lynn Sloat, Genesis Architecture, explained how they intend to create a large bermed area plus <br /> screening the docks from 14th Street, ponding and wetland area. He displayed colored renditions <br /> of proposed landscaping to create a "living fence" and screen sight lines. <br />I Councilmember Aplikowski stated she would rather see a 10% office use but has no problem <br /> with going to 8% due to the integrity of the proposed building. <br />,. Mr. Sloat displaycd a colored rendition of the building elevations, focal entrance point, canopy <br /> with address numbers, colored panel sections, and beige brick base accents. <br />I <br />