Laserfiche WebLink
<br />e <br /> <br />. <br /> <br />e <br /> <br />2, Medium density - 6 units per acres <br />3, Single family - 2.5 lots per acre <br /> <br />This leaves, in his estimation, 180 acres for something else, He thinks retail has been cut <br />short on the city's framework vision. He thinks there will be added demand for retail. In <br />the 180 acres he sees a mix of retail, light industrial, office and hospitality, He has <br />assumed 60 acres of retail, hospitalitylrestaurants, and convenience business. Of the last <br />remaining 120 acres he sees 60 acres of industrial/light industrial/office showroom, and <br />60 acres of office, <br /> <br />Paul Bakken, appraiser for the City, stated that his expectation for today's meeting was a <br />discussion regarding highest and best use, His first concern is that he thought the athletic <br />fields were speci fically set aside, along with the wild life corridor, and those areas seem <br />to be included in Mr. Miller's numbers, He further stated that he thought he was only to <br />appraise 488 acres for the City, It was noted by GSA that they need to value those two <br />designated areas for their purposes, which is why Mr. Miller was directed to include <br />them, <br /> <br />Mr. Bakken stated that he thinks the industrial along 135W and Highway 10 might be a <br />bit too much, Regarding retail, he thinks there is an appropriate amount on the <br />framework vision, and he doesn't see much more on the site, He doesn't think retail or <br />office will be real big components, <br /> <br />Mr. Bakken stated that he hasn't seen the traffic studies, and transportation is an issue, It <br />is critical to how dense the site will be, He noted two questions: (I) the amount of flex <br />space along highway 10 and 135W; and (2) density of housing, He is assuming for <br />appraisal purposes a development-ready, elean site, He questioned whether the GSA has <br />any plans for the site, to which responded that they do not have any plans. Mr. Bakken <br />noted that value is tied to uses and densities, <br /> <br />It was stated that neither appraiser will be exceeding the densities on the plan, It was also <br />noted that the City has not committed to the densities under the plan, John Shardlow <br />sated that the density shown on the framework plan is "net" of the plan, including park <br />land and open space. <br /> <br />GSA indicated that we can work out the athletic facility/wildlife corridor issue outside of <br />the appraisal process, Mr. Bakken suggested that the appraisal be done two ways: one <br />with the ball field/wildlife corridor ineluded and one without. <br /> <br />Mr. Bakken again noted that he really does not see a lot of retail for this site, No more <br />than shown on the City's framework vision, He proposed using the City's vision in terms <br />of the mix of uses, but tben the appraisers will have to look to the market for speculating <br />densities, <br /> <br />GSA noted they need a fixed number when they go to Congress, not a range, although <br />Mr. Kiernan indicated he would check on this, <br />