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The heart of the process involves an interactive exercise that g- on opportunity to consider different housing and mixed-use options on identified opportunity sites, and instantly run the numbers to determine whether a project w be financially viable. Some of the suburban cities that have wo Development Initiative to address redevelopment challenges inclu Fridley / University Avenue ththnd Richfield / three opportunity sites (76& Lyndale, 77 & Pleasant, 72 & Penn) Brooklyn Park / Huntington Pointe redevelopment site (12 acres) Coon Rapids / Port Riverwalk redevelopment site (32 acres) Minnetonka / Minnetonka Mills District (11 acres) New Hope / Town Center Proposal I. The CDI Process The Corridor Development Initiative process is composed of a ser to engage a range of stakeholders around specific development op articulate common values that will guide future development. By incorporating a financial analysis into the development scenarios, the process grapples wi types of uses are best suited for the site. The goal of the CDI process in Roseville would be to explore the financial viability of various development scenarios at the Fire Station site, and to provide r development objectives for the site. The process would be guide Advisory Group selected by the City. It will be important to include city staff on the Advisory Group to assure that the city perspective is understood and incorporated into th Group will define the work plan and timeline for the process, id needed, and oversee the process to assure its success. A Technical Team will be provided to assist with facilitation, design, and financ The technical team will include: Gretchen Nicholls, Twin Cities LISC: project coordinator, supports the advisory group, communications, meeting logistics, the production and dis materials relevant to the workshops, and the final report. Barbara Raye, Center for Policy Planning and Performance: facilitator for th community workshops (and advisory group meeting if needed). Katie Berger, Kage Imagery: block exercise coordinator, develops the materials and builds the team of design and facilitation members to implement workshop. Alan Arthur, Aeon: provides the financial analysis for the block exercise. Jon Commers, Donjek: economic development consultant, provides introductory presentation for workshop 1. An outreach plan will be developed and implemented by LISC and the sponsoring organizations to recruit as many community members (and perspectives) as possible to participate in the series of workshops. Proposal for the City of Roseville 01/10/13 Page 2 of 4