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7/17/2007 12:49:50 PM
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12/8/2004 3:56:29 PM
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<br />c. Housing Mix and Integration - The project includes a total of 120 <br />attached independent senior leasehold cooperative units. Up to 10 <br />units will be designated as Hollman Units for populations over 55. <br />Future redevelopment in the area west of the project (city owned 14 <br />acres) is likely to include a mix of assisted senior units, for sale <br />townhomes and affordable rental and for sale units within the next 5- <br />10 years. <br /> <br />d. Employment Proximity - The project is within one mile of a diverse <br />amolUlt of employment opportunities such as technical office and <br />management positions, data center and telecommunication positions, <br />retail and restaurant positions, banking positions and government jobs. <br />It is estimated that there are several hlUldred jobs in the area and the <br />new development will include retail, housing and office positions. <br /> <br />e. Transit Improvements - The project includes adding a neighborhood <br />mini transit hub with a bus turnout and shelter integrated into the <br />common area promenade of the center. This mini hub will be served <br />by the Roseville Circulator which provides a direct link to existing <br />regional bus service. <br /> <br />f. Cluster Housing in Urban Reserve - does not apply to this category <br /> <br />9. History <br /> <br />The Hamline Shopping Center, which currently occupies the site, was constructed in <br />the early 60's. The strip mall, purchased by Kraus Anderson Company in the 80's has <br />been struggling for several years since the vacation of a neighborhood grocery store <br />and deli, its main anchor tenant, and increased competition as the retail development <br />grew along Snelling Avenue and Fairview near Rosedale. This year, the Center also <br />lost its last anchor tenant Snyder Drug Store. The management was willing to keep <br />the tenant at little to no rent but the corporation felt that the store could no longer stay <br />profitable. Both of these spaces remain vacant today and contribute in large part to <br />the 50 percent vacancy rate in the Center. Management continues to actively search <br />for tenants for the space but, in cooperation with the City, is interested in <br />redevelopment as the future of the Center continues to remain weak. <br /> <br />Roseville has a high demand for senior housing as noted in its Senior Market <br />Feasibility Study conducted in 1998. According to the study, Roseville's current <br />senior housing is primarily 98 percent occupied with only 25 percent of those <br />occupant previous Roseville residents. The other 75 percent of the occupants come <br />from the-St. Paul area and northern suburbs. Roseville is attractive for seniors due to <br />its accessibility to services and the convenience provided by the Roseville Circulator <br /> <br />Page 3 <br />
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