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Introduction and Summary site. That is, the committee, affected landowners, staff and consultants have come to a consensus in principle on site plans and revised access design that will allow a moderate amount of redevelopment on the Arden Plaza site with manageable short-term traffic impacts. Longer-term, a scheme is proposed to allow further development on both the Arden Plaza and Holiday Inn sites using a signalized intersection at a new location on County Road E. Intersection of County Road E, the Holiday Inn Site and the Arden Plaza Driveway After the first round of redevelopment, the driveways on County Road E for the Holiday Inn site and the Arden Plaza site will experience significant delay and queuing in the p.m. peak hour even though the overall intersections will operate within traffic engineering standards. From a traffic engineer's perspective, this is acceptable as an interim situation because it is not expected to pose a safety problem and little queuing is anticipated on County Road E. Long term, the queuing will impact the vitality of the redevelopments and could lead to safety problems. Therefore, those driveways should be realigned midway between Pine Tree Drive and Lexington Avenue to provide a four-legged intersection that could be controlled with a traffic signal. Left turn lanes and shared right/through lanes should be built on the new north and south legs of the intersection to provide adequate egress. The signal should be installed when agreement is reached with the most directly affected land owners and when the traffic volumes at the intersection meet the criteria for installing a traffic signal per the Minnesota Manual on Uniform Traffic Control Devices. When the traffic signal is installed at the new intersection it will operate at LOS B in the 2030 Build p.m. peak hour. This leaves capacity to accommodate significantly more redevelopment as long as the traffic from the redevelopment is focused at the signalized intersection. A process is proposed for coordinating the construction of the median in County Road E (and its restrictions on left turns) with the redevelopment of adjacent properties and new driveway locations. Implementation Program A preliminary cost estimate for a complete package of traffic, streetscape, pedestrian and bicyclist improvements along the new Lake Johanna Boulevard was prepared and totals $2.0 minion. That total includes $0.5 million for a pedestrian and bicyclist bridge over Minnesota Highway 51. Potential funding sources include: · City general funds · Special assessments on benefiting properties · Private sources · Municipal State-Aid funds · T ax increment financing · Tax abatement · Ramsey County funds · Grants. 1-5 The New lake Johanna Boulevard 7 October