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<br />~ <br />~HILLS <br /> <br />MEMORANDUM <br /> <br />DATE: July 27, 2009 <br /> <br />TO: Mayor & City Council <br /> <br />FROM: Meagan Beekman, City Planner <br /> <br />SUBJECT: Building Permit Extension for the Final PUD Permit <br />Traverse Business Center <br />CMK Arden Holdings (Chesapeake Companies) <br />Planning Case #06-040 <br /> <br />Reauested Action <br /> <br />Approve Amending Section 3.0 Subd B.1.a of the Final Planned Unit Development Permit for <br />the Traverse Business Center to Extend the Building Permit Deadline for Phase I to July 30, <br />2011. <br /> <br />Back2round <br /> <br />On October 29, 2007, the Arden Hills City Council approved the Final Planned Unit <br />Development (PUD) permit for CMK Arden Holdings (Chesapeake Companies) for the Traverse <br />Business Center to construct up to 500,000 square feet of building space at the property located <br />in the northeast corner of Interstates 35W and 694. The final PUD application was reviewed in <br />Planning Case 06-040. Section 3.0 Subd B.1.a of the Final PUD Permit required CMK to obtain <br />a building permit for Phase 1 of the development on or before July 30, 2008 (Attachment A). <br /> <br />Due to market conditions and other factors, CMK has been unable to sign a tenant (Attachment <br />B). Therefore, CMK is requesting a two year extension of the building permit deadline for Phase <br />I, which is permissible with Council approval. <br /> <br />The building permit extension request for Phase I does not change or extend any other part of the <br />Final PUD permit. <br /> <br />City of Arden Hills <br />City Council Meetingfor July 27, 2009 <br /> <br />\ \Metro-inet,us \ardenhills\Planning\Planning Cases\2006\06-040 Traverse Business Center PUD (ONGOING) \07-27-09 - CC Report - Traverse <br />Extension 2,doc <br /> <br />Page 1 of2 <br />