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Regular City Council Minutes - 08/04/03 Page 15 Ms. Ahrens stated that this store had always performed well for the corporation and they had considered three options: 1) Demolish the store, sell to another user and find another location for their store; 2) Demolish the existing store, close operations for fifteen (15) months, and rebuild on that site with a larger facility, which Ms. Ahrens stated didn't work for the corporation financially; or 3) The preferred option to keep this store open in the interim, build a Super Target behind the existing store, and seven (7) weeks prior to opening the new facility, close the retail store for demolition and repaving of the parking area. Ms. Ahrens advised that this third option involved a substantial investment for Target Corporation with building construction, followed by closing operations for seven (7) weeks. Ms. Ahrens further recognized the comprehensiveness and intricacies involved in this development proj ect, stating that the proposed Super Target is the newest prototype would be the first 2004 prototype in the Twin Cities market, incorporating Prairie style elements in its architecture and boulevard concept in the site plan. Discussion included identification of the parcels controlled by the Target Corporation and those controlled by Wellington Management, as well as other multiple property owners. Ms. Ahrens briefly reviewed their concept plan in construction of a 174,000 square foot facility relocated to Pascal Street, vacation of the Snelling Avenue frontage road and a portion of Pascal Street; additional employees and retail sales; and the generation of an estimated eighty percent (80%) in additional real estate taxes for the City. Councilmember Maschka provided his immediate comments related to concerns involving the truck delivery