1996-06-26 - CC Packet - Laserfiche WebLink

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The city held a special workshop on June 19th to review the final market study completed by Steve Griesert, Community Partners. The recommendation from Mr. Griesertiegiven not only to theGity but also the Anoka County HRA. In the summary of his findings he concluded: — Community Partners would recommend a cottage style project with a unit mix of 4 to 6 one bedroom units, 4 to 6 one bedroom units, 4 to 6 one bedroom /den units and 6 to 8 two bedroom units. The one bedroom units should range from 750 to 850 square feet with rents of $450 to $500 per month to accommodate as many seniors households at various income levels as possible. The one bedroom plus den units should be 900 to 950 square feet with rents of $510 to $575 per month. And they recommend two bedroom units of 950 to 1,100 square feet with rents of $585 to $650 per month. — Typically, seniors with household incomes of less than $15,000 per year are a primary market for subsidized housing. Households with incomes of $15,000 to $25,000 per year are a market for moderate -rent senior housing while middle and upper market rents are affordable to seniors with incomes above $25,000 per year. Although senior household incomes in the study area were relatively well distributed among all income intervals, there are not enough households in upper income bracket to support an upper rent project. Thus, they recommend a modest -rent project that would appeal to the largest number of senior households. In addition to the households with incomes of $15,000 or greater, some additional demand may come from households in the $10,000 to $15,000 per year range that have equity in their homes. — During the site review several parcels were analyzed to determine their potential as sites for a senior housing project. The main criteria utilized to review the sites included proximity to services, access to utilities, adequate land for expansion and aesthetics. (Note: an intensive site analysis must be conducted if the project proceeds which would include site costs, soils conditions, etc. Also, the site review did not include site availability.) Three sites were identified as priority sites for Senior Housing: 1. St. Genivieve Church site located on LaMotte Avenue. This site is ideal as it has the following amenities: centrally located, near the Church and Downtown; adjacent to the City Park; space for project expansion in the future and; located in quiet and well maintained area. 2. Tree Farm Site (adjacent to City Hall). The tree farm site has the following amenities: located near the new commercial area and City Hall; easy access to 35E and; space for project expansion. 3. Tourville site located on Highway 21 (Centerville Road). This site amenities include: good access; space for expansion and; close proximity to the City Park. A full copy of the study is available at City Hall for your review. If you are interested in being an active participant in Senior Housing please contact Councilmember Theresa Brenner.