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Housing Mix and Ind 'on The project includes a Natal of to <br />attached indepmdent seni leasehold cooperative units. Up to to <br />units will be designated as Holtman Units for populations over 55. <br />Fie redevelopment in the area west of the project (city owned 14 <br />acres) is likely to include a of assisted senior units, for sale <br />townhomes and affordable rental and for sale units within the next 5- <br />10 years. <br />d. EMp The project is within one mile of a diverse <br />amount of employment opportunities such as technical office and <br />mana g ement positions, center and telecommunication posi tions, <br />retail and restaurant positions, positions and government jobs. <br />It is esfimated dud there are several hundred jobs in the area and the <br />new development will include retail, housing office positions. <br />e. Transit vements The project includes a neighborhood <br />min 0 transit hub with a bus turnout and shelter integrated into the <br />ninon a promenade of the center. This mini hub will be ed <br />ri by the Ro Circulator which provides a direct link to existing <br />regional bus service. <br />f. Cluster Housing in Urban Reserve —does not apply to this category <br />NOR= <br />The Hamline Shopping Center, which cur enfly occupi the site, was constructed in <br />the early 6o The strip mall, purchased by K Amderson Company in the o's has <br />b een s aiggling for several years since the vacation of a neighborhood grocery store <br />and deli, its mart anchor tenant, and increased comNtition as the retail development <br />grew along Snelling Avenue and Fairview near l osedWe. This year, the Center also <br />lost its last anchor test Snyder Drug Store. The Management was willing to keep <br />the tenant at little to no rent but the corporation felt that the store could no longer stay <br />pro fitable. Both of these spas rem vacant today and contribute in large part to <br />the 50 percent VacancY rate in the Center. Nhmgement continues to actively search <br />for for the space but, to cooperation with the City, i,s intereste in <br />redevelopment as the future of the Center continues to remain weak.. <br />Roseville has a high for senior housing as noted in its Senior MBrket <br />Feasibfility Study conducted in 1998. Awxwding to the study, Roseville" s cunt <br />senior hauling is ily t o with only 5 t of those <br />ant previous Roseville residents. The other 75 parcent of the occupants come <br />from the St Paul area and nord= suburbs. loseville ve for sen -ors due to <br />its accessibility to services and the convenience provided by the Roseville Circuhdor <br />Page 3 <br />