02-02-2026 JDA Work Session Agenda Packet

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Joint Development Authority TCAAP Redevelopment Project AGENDA ITEM 3b MEMORANDUM DATE: February 2, 2026 TO: Joint Development Authority Board of Commissioners FROM: Directors Mitchell and Jagoe SUBJECT: Discuss Request for Information Feedback Background At the December work session, the JDA reviewed a summary of responses to the Request for Information and asked staff for more information on a so-called “hybrid” developer approach. Staff and consultants have started to analyze the implications of this approach in comparison to the previous approach of working with a single lead developer for the entire site. This memo builds on previous information provided and identifies next steps if the JDA would like to continue to explore this approach. Hybrid Development Approach Concept The concept of a hybrid developer approach would be to divide the site into development areas and seek development partners through separate competitive solicitation processes for each area based on development expertise. For example, a solicitation for a neighborhood with residential land uses would seek a developer with residential expertise, and a neighborhood with commercial land uses would seek a developer with commercial expertise. It is possible that selected developers would bring on subdevelopers to within development area to complement their expertise and add capacity. The JDA, City, and County may need to play a more active role in coordination amongst developers and other project partners to ensure infrastructure, amenities, and other sitewide items are covered. Ramsey County’s scope and timeline for site preparation and construction of Rice Creek Boulevard would also be important to establish. Development Approach Discussion Below is the summary of RFI responses on development approach from the December JDA agenda packet. It is intended to serve as a starting point for discussion and is not necessarily an exhaustive accounting of all of the factors to consider.