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12.t.~ Aronll3. q 1 Revised: Mar.13,1995 ___~~;~"""'W";~fi~ NORTHWEST RACQUET EAM: ~!O'" '. .' "':' . ',' .' . '.' . $.:i~!:*:. . . ::::::::: ;m=R4~:~~::::~' ~.JlJ1ffJili11~i{~41~~~~~1 Team Leader Milo Pinkerton Arman Brachman Todd Stutz Jerry Noyce Developer MS P Real Estate Paul Marzynski Don Jensen Tom Willoughby Architect John Klick Skip Sorenson Tim Whitten KMR-Allen Kernpel, Jerry Runk Engineer Ulteig ScholllMadsen BRW-Don Ringrose nla Financial Partner Jeff Huggett/HeartlandlWPL NIA Internal nla Legal : Best and Ranigan WinthroplWeinstine NIA Faegre & Benson Strength of Team Exp.non-profit tax credit dev. Exp. non-profit tax credit dev. Exp.for-profit dev. Exp. health clubs Past Projects of Team Moundsview(83 units), Chishol Mpls., Miami Mpls. Mpls. 13 clubs West Allis, Eau Claire Milwaukee PROJECT: .:<$ '.~ " ;:0 , .' ',!>. ":::&;~:~~:f:~Ff':x .':' '_*EJ~_ '.. '. , " '.' . <:. ..... :> ~ ~?!:$ ", ..:;::-:;s' ;0,0, !> .....~ 0::>'.1 .. ...... . ,', ~ ':", ,',', .. . Total units proposed 260 160 124 0 # of Senior Units 200 112 28 0 # of Affordable Senior Units 200 112 0 0 # of Affordable Family Units 60 0 0 0 # of Market Rate Units 0 0 96 0 # of New Residents 380 208 224 0 Gross Housing Density (ulac.) 19.2 11.8 9.19 0 . Transit Needs? yes yes no 0 LAND USE: ~. '~~~:;:::: .~>'. ..~iID! - __:>>':'--i~' 'd.~' ... :':').M:~~i?~~ii~~*~~~:;; :~~~~~~~Jili~~~t:~'llim1j~tt~*~~~f:;;~~~j1:~~~i:O~:~~ :. 'S:.:.;;:: x :>~. :0.':'. . .~;.:.. .... ~.... .... .. ...... '" .: ... ,', . :." ... ." s :'. "oil' .....~.. .... ......... .. . .. .. . . '" Consistency wI Compo Plan yes yes yes no Land Use Buffersllntegration yes yes yes no Timing-Possession of Site? August, 1995 August, 1995 August, 1995 Aug.-Sept. 1995 ._.._~fJ 2 Phases 1 18 month phase 1 12 month project SITE PLAN: _.:,,~~,:.x:.:.1.~<::: :::~~llif:r~.f:1~~~~1m:Mj~*~~.:~:~:' ;::>'" *...~.... ;0 . ':::8 ;0. .. . '. . . "",,:,&::;P:: ~ . ..... '~';O ..... ....... '. . .........;:..;:..::. . ...~.?.::*,:::::-:-. .' ., ... .. .. Est. Acres of Pond 2.60 2.8 2.8 2.8 Est. Acres of Park Park and 2 play lots 2 2 3.3 Est. Max. Height in feet 45.00 45.00 45 30 Est. of % Impervious Surface 43.00% 33.00% 45.00% 55.10% Est. Acres Imperv.Surface 5.81 4.46 6.51 5.35 Est. TripslDay 620.00 448.00 912.00 3500 Est. On-Site Parking 345.00 264.00 176 593 Est. New Street Required (L.F.) 1240.00 1300.00 1400 Est. New Street Cost by develoepr Est. New Utilities Required (L.F.) by developer Est. New Utilities Cost by developer Accesses- Adj. Prop. NCR and Terrace NCR, North Entry, Terrace FINANCE: < ";. &";'.' '. '0:... :00..... .. .'. .;:~. '<<:~1i~~1 0;0 '," . :!.~$:":"""':<';- " :'" '. '.: . :-';0;';:: '.:::.~.~~&.., ..... " .... .... .';0 &'! Proposed Land Price See Financials from Ed Burrell See Financials from Ed Burrell See Financials from Ed See Financials from Ed Burrell Estimated Construction Cost See Financials from Ed Burrell See Financials from Ed Burrell See Financials from Ed See Financials from Ed Burrell Est. New Property TaxlYr.(.02) See Financials from Ed Burrell See Financials from Ed Burrell See Financials from Ed See Financials from Ed Burrell Lease Rate{Yr. See Financials from Ed Burrell See Financials from Ed Burrell See Financials from Ed See Financials from Ed Burrell T.I.F. Requested (Total) See Financials from Ed Burrell See Financials from Ed Burrell See Financials from Ed See Financials from Ed Burrell T.I.F. Requested (Annual) See Financials from Ed Burrell See Financials from Ed Burrell See Financials from Ed See Financials from Ed Burrell T.I.F. Length in years See Financials from Ed Burrell See Financials from Ed Burrell See Financials from Ed See Financials from Ed Burrell Bonding Requested? See Financials from Ed Burrell See Financials from Ed Burrell See Financials from Ed See Financials from Ed Burrell OBS: ~~~~~~~~om E~ ~::~::~~:~;7':~:,~~iI .' ~ '. " ...~ . ~'~." .............0'). '0. .....6 :- .o:::::..!:W.:{~.<<.Jl~1t. Jobs Created? 4 3 0 I 100 . lEst. Pavroll of Jobs I $100,000 I $60,000 I 0 Inla REVIEW OF ARONA PROPOSALS