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<br />NM 1-35W CORRIDOR COALITION <br />REDEVELOPMENT PROJECT SUMMARY <br /> <br />. <br /> <br />PROJECT: <br />LOCATION: <br /> <br />I Guidant Expansion / Redevelopment <br />I Lexiugton Avenue/County Road F/Hamline Avenue <br /> <br />PROJECT SUMMARY: <br /> <br />Guidant Corporation, a leading medical device manufacturer, is currently <br />planning for substantial near and long term employee growth. To <br />accommodate that growth, Guidant has developed a concept to expand and <br />redevelop their existing 85 acre corporate campus located in Arden Hills. <br />i ,rowth will occur vertically on the campus by adding approximately 1 <br />million additional square feet for a total of2 million square feet of building <br />space. Surface parking will be replaced with parking structures throughout <br />the property. This will also allow for the addition of green space, <br />courtyards, and plazas on the property that are currently not available. It is <br />anticipated that development will be phased over a 20 year period, with <br />significant proj ects planned for the near term. <br /> <br /> <br />STATUS REPORT: <br />STAGE PROJECT ELEMENT <br /> <br />In process <br /> <br />Concept <br /> <br />In process <br /> <br />Analysis <br /> <br />Planuin <br /> <br /> <br />In process <br /> <br />Site Acquisition <br /> <br />Capital Improvement <br />Planniu and Finance <br /> <br />Inquiry <br /> <br />Inquiry <br /> <br />Funding <br /> <br />STATUS <br />The City is currently in process of working with Guidant on <br />the conce t of the ro osed ex ansion/redevelo ment. <br />The City of Arden Hills and Guidant are currently <br />planning to complete a transportation study, EA W, and <br />related studies necessary for the expansion/redevelopment <br />to roceed. <br />Planned Unit Develo ment a roval re uired <br />Evaluating the possibility of incorporating adjacent <br />industrial ro er into develo ment. <br />Transportation improvements are necessary to facilitate <br />redevelo ment. <br />Identifying funding sources for necessary capital <br />im rovements and site ac uisition. <br /> <br />e <br /> <br />SHORT TERM ACTIONS NEEDED: <br />. Evaluation of necessary redevelopment funding for site acquisition and transportation <br />improvements required to facilitate local business expansion / redevelopment. <br /> <br />PROJECT MANAGER: PHONE NUMBER: <br />Aaron Parrish, City Planner 651-634-5120 <br />EMAIL ADDRESS: FAX NUMBER: <br />aaron. parrish (al,ci. ard en -hills.mn. us 651-634-5137 <br /> <br />e <br />