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DAHLEN & DWYER, INC. A major component of the industrial market during Roseville's early growth was the trucking industry. Roseville became a major hub for the over-the-road trucking companies in the 1950's. Many of these truck terminals have moved out of Roseville in recent years. Increases in land values in the area have prompted some operations to move to suburban areas with less expensive land. Some of the truck terminals have been purchased for re-development. Deregulation of the trucking industry in 1980 also increased competition and some firms were forced to move or reduce operations to remain competitive. The Twin lakes Re-development Area is located north of Rasedale Mall. It extends from County Road C on the south to County Road C-2 on the north and from Cleveland Avenue on the west to Snelling Avenue on the east. Langton lake and Oasis Pond lie within this area, hence the Twin lakes name. The Twin lakes Re-development Area has historically been a location for truck terminals. The Twin lakes Area contains a total of 281 acres. Roseville has targeted the Twin lakes Area for r~-development. It is expected that full re-development of the area will be long-term. Roseville intends to orchestrate fe-development of the area from industrial use to primarily residential, business and office. The initial stages of fe-development have taken place within the past few years. The Centre Point Business Park was constructed in late 1980's along the west side of Cleveland Avenue north of County Road C. Centre Point occupies the site of the former Garrett Trucking Terminal. The Rosedale Square Shopping Center was constructed several years ago on the northwest corner of Snelling Avenue and County Road C. This was also an industrial site that was re-developed. The Twin Lakes Re-development Area is intended to eventually provide housing opportunities. The apartment vacancy rate in Roseville is relatively low. The City forecasts a market for an additional 1 00 units per year of multiple housing to the year 2000. The Twin lakes Area will eventually be developed with multi-family activity along the west side of Langton lake and along Oasis Pond near Snelling Avenue. The City intends to eventually construct Twin lakes Parkway. This will be an east/west collector street connecting Interstate 35W on the west with Snelling Avenue on the east. Twin lakes Parkway will eventually extend across the northern part of the Twin lakes Re-development Area. County Road C and Snelling Avenue will be considered minor arterial roadways within th~ Twin Lakes Parkway. The only principal arterial roadway in the Twin Lakes Re-development Area will be Interstate 35W. Cleveland Avenue, Fairview Avenue, and Twin lakes Parkway will be considered collector streets. 20