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May 7, 19i� <br />�LANNlNG R�PO�� <br />CASE NU1VIB�R: <br />APPLiCANT: <br />LOCATION: <br />ACTI�N REQUESi�D: <br />PLANN�NG CONSiDERATIQNS: <br />::- <br />Daytan Devei opment Cot�pany <br />North of Rasedale Center <br />(North of County Road B-2) <br />Division of a L.ot <br />1. The property in question is t�e so�i-hwesterly por��on of �he blocic o'F land <br />owned by i-�e Dayton Hudson Corporati on north of County Road B--2, <br />which block m�asur�:s 660.1$ fe�t (north-sauth) by 985.49 fe�t eas#-west, <br />or p6out 15 acres. The pprtiori of lpnd ta be divided measures 535.64 �eef <br />along Cvunty Road 8-2, wifih a depth of 305 feet w�ich is approximaFe�y <br />�.8 aCreS. <br />2. T�e propeTty is zoned °Shop}�ing Center° District originalfy zoned "�om�y�r�ia!" <br />under th� o!d Cii-y Qrdinance in 1952 {when it was purchased by Allied Stores <br />along wifih the rest of fhe shoppi�g center area), T�e la�d was zoned Snoppi�ig <br />Center in 1959 with the overall zoning and soid to fh� Dayton Hudson Company <br />about 1970, prior to �he constr�ctian of the shopping center. <br />3, 7he lot in quesEion to be divided frorn the 15 aere parcei is proposed to l�e sold <br />ta Fir:,t Federa! Savings and Loan Association who has a Federal Florrte �oan Bank <br />branch charter {�r t'he area and opera�es a ternporary branch in tl�e shappirrg <br />c�nfer itseif ai� this time, <br />4, Sev�eral years ago the Day�on Hudson Company sold a sit� ta Fir-st Federa[ for <br />a branch offiee at tne north side of fh° intersection of fihe Snelling Aver�u� - <br />County Road B-2 interchang� on the west sid� of Sne{ling Aven�e, Ca�-eful <br />analysis Gf th�s site by �:-affic cansul�tanfs fa th� J�yto�-Hudson Co�npany, <br />Ferst Fedv�-aI and f�ie Ci�y, ho�vever, indicat�s sev�i-e adverse i-raffic im�Eications <br />in at�er�pting fo provide v��hicvlar acces3 movem°ni; i-o this site for savings and <br />ioan �se, T�'3E D��y�on Hr�dson Compqn� now pro;�os°s to sel� #ne propert-y ir� <br />quesfio� to �irsfi ; ec�eral, who pro�o;e, tn 6uild a free ,tansJing savings c�na' laan <br />6rancn oFfice ��his y�ar. <br />