CCP 10-19-1998 - Laserfiche WebLink

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CITY OF ARDEN HILLS . MEMORANDUM DATE: October 19, 1998 TO: M,yo< ,od City Cooodl ~ FROM: Kevin Ringwald, Assistant to the City Administrator SUBJECT: Future Phases of the Gateway Business District Request The Staff requests City Council concurrence on certain land use, road, and financial issues within the Gateway Business District (GBD). Background In December of 1997 the City and Morris Communication Corporation (aka, Naegele) entered into a Statement ofIntent and Sales and Purchase Agreement for there property at the northeast corner ofI-694 and 1-35W. The Morris site is approximately 27 acres in size and the Vaughan site is approximately 19 acres in size. The Staff and the representatives of the owner have been meeting with developers in an attempt to bring forth a development plan for this portion of the GBD. . The Staff has been guiding the developers towards an office development and the developers have been forwarding the notion of some mixture of office/showroom, high tech space, and office. Several questions keep recurring regardless of which land use option was proposed. The first question was what is the transportation capacity of Round Lake Road? The second question was what is the minimum building valuation required to offset the public improvements (ie., property acquisition and road construction, including amenities) at this site? The Staffrequested that the City Engineer (BR W) prepare a report to answer the transportation questions and the City's Financial Consultant (Ehlers & Associates) to prepare a report on the minimum building valuations required to support the public improvements. Land Use Issues The City Council previously directed Staff to obtain Office development on these sites. The initial discussions with developers indicate a willingness to construct a mixed office/showroom development and office development on the site. Transportation Report The City Engineer (BR W) analyzed the additional traffic that would be generated by the full development of Morris site (etal) and the Vaughan site as either office/showroom or office uses (Exhibit A). . Level of Service (LOS) is a traffic capacity analysis whieh measures the quality of traffic operations through an intersection or along a segment of roadway. LOS is mueh like school grades in that a LOS A is excellent and an LOS F is failing, while a LOS D is considered to be the minimum acceptable quality of traffic flow.