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Pointe environmental review process has been relied upon as part of the analysis in this EA W) The project also includes the construction of the proposed Twin Lakes Parkway, a two-lane facility with left and right turn lanes and landscaped medians and boulevards. Direct access from Twin Lakes Parkway to and from northbound I-35W will be provided. Through staging, this street will connect to Snelling Avenue on the east side of the project area. The roadway is needed to provide proper access to interior parcels, to accommodate future traffic generated within the site, and to improve levels of service and capacity restraints on existing local and regional roadways around the project area, including County Road C, Cleveland Avenue and Fairview Avenue. Implementation Plan Methodology and Assumptions The City of Roseville identified the Twin Lakes Business Park as a Tax Increment Financing (TIP) District in 1988 and prepared a Land Use Guide Plan for its future development. The Twin Lakes Business Park Comprehensive Plan Amendment is expected to be approved in June, 1997, and supports the redevelopment of the properties and recommends urban design enhancements, necessary infrastructure and drainage/ponding improvements. Since the initiation as a TIF District, there have been several proposals that were implemented within the Business Park that have yielded new office/retail/light industrial and commercial properties consistent with previous planning efforts. Based on these efforts, the City of Roseville determined that it needed a comprehensive, coordinated approach to address potential environmental impact issues that would arise from the development and redevelopment ofthe remaining 30 parcels in the Twin Lakes TIF District. Therefore, the City initiated this EA W to consider the cumulative environmental effects expected with the ultimate redevelopment of the Twin Lakes area and also a measure of performance to approve/revise developer proposals as they are received over the 13 year expected development horizon for Twin Lakes. Assumptions were made to measure the level of impact for a full-buildout. The maximum development that each parcel will support based on performance standards within the light industrial/office/showroom zoning districts was assumed and 738,810 square feet of additional building area for a total ultimate building area of approximately 2.1 million square feet was determined. Forecasts for future traffic, noise, air quality, and site hydraulics are based on the year 2011, which reflects one year after the anticipated completion. Attachments A (Property Details) and B (Building Details) were used to develop Attachment C which documents the calculations and assumptions used in estimating the amount of developable land and its capacity for future development. Anticipated Site Improvement Benefits The City of Roseville anticipates a number of benefits from the redevelopment of the Twin Lakes Business Park. In addition to the taxable benefits that will be received by reinvesting in new development, aesthetic improvements will result from the project, and a total of 5,655 jobs will be created or retained by 2010. The cleanup of the city's most concentrated area of known and potentially hazardous waste and contaminated sites will also continue at a more aggressive pace. This would include the continued removal of leaking underground and above-ground fuel and other petroleum storage tanks, contaminated soils, asbestos, abandoned wells, and inactive septic systems that are known to exist in the area. The project will also result in a focus on the natural environment features in the area, including Langton Lake and Oasis Pond, and add extensive landscaping and pedestrian and bicyclist trails as urban enhancements. These enhancements, in addition to the removal of contaminated sites and the heavy vehicle traffic and noise generated by trucking businesses, will provide additional buffering and improve the quality of life for the residential neighborhoods to the north of Twin Lakes. #24397 3