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CC_Minutes_2012_0716
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Roseville City Council
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Council Minutes
Meeting Date
7/16/2012
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Regular City Council Meeting AND <br /> Board of Adjustments and Appeals <br /> Monday,July 16,2012 <br /> Page 38 <br /> Mr. Matzek reiterated that Wal-Mart was not seeking any TIF subsidy, and believed in being <br /> responsible to provide any improvements for their impact to the City's infrastructure now and <br /> into the future as they were projected. <br /> Essentially, Mr. Matzek stated that Wal-Mart believed they fit well into compliance, and their <br /> goals had always been to do so. Mr. Matzek thanked the public, the Commission, and staff for <br /> their time at tonight's meeting. <br /> At the request of Member Pust, Mr. Matzek introduced Mike Simms to address the two (2) <br /> mile radius comment. <br /> Mike Simms, President of Mid-America Real Estate,Wal-Mart Broker for MN <br /> Mr. Simms advised that existing stores tracked every customer using their store; noting that the <br /> Saint Anthony Wal-Mart store was currently seeing customer demand from the Roseville <br /> community. Mr. Simms cited data gleaned from the International Council of Shopping Centers <br /> a global trade association, an industry standard that outlined the definition and square footage <br /> of various retail designations and the trade area they pulled from. Regional center develop- <br /> ments are over 800,000 sq. ft in buildings and are located on 60 — 100 acres and draw from a <br /> radius of 5 to 25 miles. Community Center developments range in size from 125,000 to <br /> 400,000 sq. ft. in building size over 10-40 acres and draw from a radius of 3 to 6 miles. A <br /> neighborhood center development ranges from 30,000 to 125,000 sq. ft. in building size and <br /> are located on 3-5 acres and draw from a radius of 1 to 3 miles. Mr. Simms noted that were <br /> seven (7) regional malls in the metropolitan area. Mr. Simms further noted that Wal-Mart has <br /> twenty-five (25) stores in the metropolitan area, and that Target had fifty (50) stores in that <br /> same area. Mr. Simms opined that both Wal-Mart and Target had departed from a regional <br /> draw to a major shopping designation when they got into the grocery component. As a refer- <br /> ence point, Mr. Simms noted that shopping areas such as that in Maple Grove, MN was con- <br /> sidered a Community Center. Mr. Simms advised that the lessons had been learned over the <br /> years, and the last regional mall had been built at Eden Prairie Center over thirty-five (35) <br /> years ago. <br /> At the request of Member Pust, Mr. Simms reviewed important distinctions of stores within <br /> specific trade areas, and their proximity to each other. Mr. Simms also responded to Member <br /> Pust regarding the compatible uses generated by Wal-Mart and examples of those mid-box ten- <br /> ants based on available space (e.g. T.J. Max, Homegoods, Michaels, Office Max), as well as <br /> restaurants and additional service retailers that benefit from similar customers. As far as res- <br /> taurant uses, Mr. Simms advised that the marketplace was seeing limited full-service, sit-down <br /> restaurant growth, but the consumer was gravitating to "quick service" providers, such as Pen- <br /> era Breads, as an example. <br /> Community Development Analysis <br /> Community Development Director Patrick Trudgeon <br />
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