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CCP 06-21-2004
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CCP 06-21-2004
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<br />. <br /> <br />. <br /> <br />. <br /> <br />CITY OF ARDEN HILLS <br />ASSET APPRAISAL <br /> <br />Lodging <br /> <br />Holiday Inn North, 156 guestrooms <br />Super 8 Arden Hills. 66 guestrooms <br />222 total guestrooms <br /> <br />Estimated annual <br />Lodging tax <br /> <br />$102,000 per year based on a $70.00 ADR and 60% occupancy <br />$87,500 per year based on a $60.00 ADR and 60% occupancy <br /> <br />Conferencing <br />Amenities <br /> <br />Holiday Inn Conference Center <br />Bethel College facilities <br /> <br />Community Centers n/a. Sports facilities at Bethel and Irondale H.S. <br /> <br />Attractions <br /> <br />Limited. Centrally located approximately 8 miles north of the <br />downtown areas of both Minneapolis and St. Paul. <br /> <br />Shopping <br /> <br />Some retail off of Lexington. Rosedale is minutes away <br /> <br />Restaurants <br /> <br />Off of Lexington and Snelling <br /> <br />Golf n/a <br /> <br />Parks and Rec Tony Schmidt Park <br />Crepeau Nature Preserve <br /> <br />Chamber Member of Twin Cities North Chamber of Commerce <br /> <br />Events Community Festival <br /> <br />Population 9,692 est. <br /> <br />Large Employers Land 0 Lakes, Deluxe, Guidant, and MSI Insurance <br /> <br />Other Notes Home to many large corporations, numerous small to medium size <br />businesses and two private colleges. The Twin Cities Army <br />Ammunition Plant (TCAAP) occupies nearly one-third of the <br />entire land area of Arden Hills. Portions of this tract are expected <br />to be released by the Federal government for the purpose of re- <br />development over the next 20 years. <br />
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