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<br />Core Team: We consciously only selected the core members of our team. The reasons <br />are multiple. First, some of the team members do not need to be selected tor <br />some time, perhaps a year or more. We think it makes more sense to select team <br />members after the City has more fully defined its needs. Then we can focus on <br />finding the best additional team members to meet the City's objectives. A great <br />example of this is identifying the homebuilders. <br /> <br />e <br /> <br />Secondly we would like more input from the City. Our concern is that by <br />assembling the team on the front end, the vision and goals of particular team <br />members may drive the design ofthe development. The better approach is to first <br />establish the vision, and then pick the team members best suited to execute the <br />vision. <br /> <br />Finally it has been our experience that many ofthe consultants and homebuilders <br />identified by the other teams will be free and eager to work with the selected <br />development team. We do not want to be committed to a particular planner, <br />engineering firm or homebuilder. Instead we want to have the flexibility to work <br />with the City in assembling the best team. <br /> <br />Focus ou the Stremrths of the Core Development Team: We suggest the City first <br />look at the development expertise of the core team. In doing so we urge the City <br />to ignore who builds a preferred type of home, but rather focus on experience and <br />expertise in working with governmental agencies, cities, the public and multiple <br />homebuilders in creating communities. <br /> <br />. <br /> <br />Opus. Opus' strength lies in its experience and expertise in the development of <br />retail, office and industrial properties. As a result they can deliver anyone or all <br />of these products as the City's vision for the site unfolds. We have no <br />preconceived notion as to how the site may evolve. Equally important is Opus' <br />track record for successfully tackling some ofthe most complex and challenging <br />redevelopment properties, both locally and nationally. <br /> <br />Restoration.Development. Restoration is also uniquely qualified. It combines the <br />residential development expertise of Peter Pflaum and Lundgren Bros., which <br />includes 30 years of experience in developing over 120 neighborhoods, with the <br />experience of The Bancor Group. Bancor develops a full range of lots for <br />residential builders, from lots for $135,000 town homes in St. Francis to lots for <br />$800,000 homes in Orono. Restoration further combines the political expertise <br />and financial strength ofVKO Enterprises with the financial resources ofLennar <br />Homes, one ofthe nations largest homebuilders and Lundgren's parent company, <br />Lennar is primarily a builder of homes for first time homebuyers. <br /> <br />While during our presentation we reviewed with you our Wild Meadows project, <br />we did so only to illustrate our unique focus on the environment when developing <br />a site. However, we are not suggesting a development similar to Wild Meadows <br />for Arden Hills. The reason is that Wild Meadows is strictly an estate lot <br />community. A more appropriate example is our Woodbury project which <br />includes 676 homes on 230 acres and which has product ranging from town <br />homes in the upper $100,000's to estate homes in the $600,000's. Our Woodbury <br /> <br />e <br />