2021-02-02 P & Z Packet - Laserfiche WebLink

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January 29, 2021 Planning and Zoning Commission 1880 Main Street Centerville, MN 55038 Dear Chair and Commissioners: Since, at least, the late 1990s, the city has been planning for the redevelopment of Downtown Centerville. Several iterations of consistently shown the downtown as a high-density and mixed-use district. In 2005, a committee was formed and a formal downtown redevelopment plan was developed and adopted by the City Council after an extensive public engagement process and input from design professionals. In the years since this plan was created, the city has taken a number of steps to ready the downtown for redevelopment including the construction of a stormwater reclamation system, eliminating the need for stormwater ponds in the downtown, streetscaping Main Street with lights, trees and other decorative elements, acquiring remnant parcels from the County and purchasing blighted homes on Block 7. To date, there have not been any redevelopment projects completed in the downtown. Approximately one year ago, the city was approached by two developers, each looking to construct a 50+ unit apartment building on the Block 7 site. The c Council reviewed those proposals and chose to pursue a development agreement with Trident Development. After several months of negotiation, an impasse was reached as the City Council elected not accept the devel Financing (TIF) to help fund the project. parties looking to develop the property. Each prospective developer has had different ideas on how best to utilize the site. In an effort to best compare these proposals, staff sent out a Request for Proposals (RFP) to all those who had recently expressed interest in the property. Those firms receiving an RFP, included: