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Last modified
7/17/2007 12:26:35 PM
Creation date
12/8/2004 1:55:40 PM
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Planning Files
Planning Files - Planning File #
2976
Planning Files - Type
Planning-Other
Address
2800 ARONA ST
Applicant
ARONA DEVELOPMENT
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<br />11. It is important to keep in mind that the most significant reduction in automobile traffic <br />that our proposal offers, is that our residents will be seniors, and seniors drive less than <br />any other age group. To further reduce the need for automobile traffic, our proposal will <br />call for a walking path throughout the Arona site that would hook-up with walkways to <br />the shops and commercial establishments along Snelling Avenue, and walkways to the <br />shops in the Hamline Shopping Center. It is very important to senior residents to have <br />those connections to their immediate community, and thus we would work closely with <br />the City to create those connections. We would also coordinate van transportation with <br />services such as the Roseville Circulator to insure that residents have adequate <br />transportation choices available. We would also explore how best to provide our <br />buildings access to the "Information Super Highway". Although not many of our current <br />senior residents would use these computer services, over time this will grow in <br />significance. <br /> <br />12. Only 44 of the 286 units we have proposed would be impacted by what transpires <br />with the Activity Center. We would simply postpone the development of those 44 units <br />until the Activity Center site becomes available. Should the City decide to retain the <br />Activity Center indefinitely, we would still develop the other 242 units. <br /> <br />13. In order to achieve the mixed income groups and housing types we have indicated <br />in our proposal, the following assistance would be required: <br /> <br />1. Tax-exempt bonding. <br />2. Tax increment financing. <br />3. Subordinated land lease. <br /> <br />No additional assistance would be required to achieve a broader mix of age levels. <br />However, given the size of the site and traffic concerns, we would not want to provide <br />many units to younger, more active age groups. <br /> <br />14. Our desired development schedule would be to begin construction on the two <br />apartment buildings during the Spring of 1996 so that construction completion would <br />coincide with the prime leasing season (ie. beginning of Spring-Fall 1997). Our Pre- <br />marketing efforts would likely generate substantial interest in the for-sale cottage units. <br />We would like to begin construction of these units once we have Pre-sold at least 50% <br />of the units and completed construction of the two apartment buildings. Thus a Spring <br />1997 construction start, with an 18-month sell out period would be contemplated. <br />Depending upon market conditions and availability of the land, we could stage the <br />development of the two apartment buildings and either delay or speed-up development <br />of the cottages. <br />
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