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ACTION REQUESTED. <br />PLANNING CONSIDERATIONS: <br />1354-81 <br />Fine Associates, Inc,, <br />East oJ., Snelling Avenue Worth of County <br />Road C (see sketch) <br />Rezoning from B-1 to B-1B <br />Variance to Side Yard Setback <br />The property in question is a 5,718 acre site of which 3.836 acres is <br />currently zoned B-1B. The remainder (1.882 acres) is proposed to be <br />rezoned from B-1 to B-1B. The location of this property is the northwesterly <br />corner of the site immediately contiguous to the Snelling Avenue Service <br />Road constructed two years ago. The.first attached drawing indicates the <br />location of the total property and that portion to be rezoned. <br />The B-1B portion of the site (3.836 acres) was originally rezoned about <br />five years ago for the purpose of constructing a "Toy City" retail Structure <br />The total property is immediately contiguous to and on the west side of the <br />Comten Office structure and parking ramp, <br />2. The applicant proposes to construct a 73,000 square foot shopping center <br />with an interior mall, with 63,874 square- feet of leasable retail space <br />and two restaurants (within the center) of 7,000 square feet and 3,800 <br />square feet. The occupancy of the center is proposed to be similar to <br />that of the "Galleria�' In the Southdale area or the "Bonaventure" in the <br />Ridgedale area. We are informed by the leasing agents (Bruce Peterson <br />Associates) that a significant nt=ber of the leases have been made in <br />future "high end" quality type shops. <br />3. When the housing project to the north was approved by the Minnesota Home <br />Financing Corporation for funding, the City made representations to that <br />Agency that we would encourage the development of a shopping center cin <br />this site or the site immediately to the north (the remaining Gluek <br />property southwest of the housing pro] ect) One of the requirements for <br />the housing project approval was that there be "shopping facilities"' <br />within a certain range. The Hammond Center technically fulfills this <br />shopping center location requirement, though it is not very convenient to <br />get to. Though the center proposed is not a "typical" shopping center <br />providing convenience goods/needs for the occupants of the residential <br />project, the restaurants and other facilities available will surely <br />fulfill some of the residents needs, <br />