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<br />BENEFITS OF <br />RED EVELOPMENT <br /> <br />WHY REDEVELOP THE <br />lW~N lA~ES; <br /> <br />. Redevelopment revitalizes aging business <br />property preventing deterioration and <br />disinvestment in the community. <br /> <br />. Redevelopment maximizes the tax base. <br /> <br />. Redevelopment creates high quality jobs. <br /> <br />. Redevelopment cleans up polluted. land, <br />creating a cleaner environment for area <br />residents and workers. <br /> <br />. Redevelopment creates the capacity to respond <br />to changes in our economy and creates higher <br />density employment in high growth industries <br />such as high technology and medical devices <br />and biotech. <br /> <br />. Redevelopment attracts new businesses and <br />allows for the expansion of existing businesses <br /> <br />. Redevelopment helps first-ring suburbs like <br />Roseville compete for commercial and <br />industrial businesses and in turn stabilizes the <br />long-term economic health of the community. <br /> <br />................D.DDm8c~aammDmDcaDDDDDDa <br /> <br />I!J Twin Lakes is a prime business location due to <br />its high visibility, access fto major freeways and. <br />a diverse labor pool. <br /> <br />iii Current redevelojpmenft efforfts in Twin lakes <br />have cleaned up 23 acres and added 1150 jobs. <br /> <br />iJ Redevelopment of Twin lakes will increase the <br />tax base in fthe aJrea by 50% and attract an <br />estimated 5,800 additional jobs. <br /> <br />~ A focused Twin lakes redevelopment effort <br />enables the City to support cleanup of <br />environmenfta] contamiJrnation willi the <br />assistance of ftocaft, state md federal funds. <br /> <br />III Redevelopment jprovides for a more effici.ent <br />use of land, higher dens~ty employment and ftax <br />base, proper siormwater drainage, added green <br />space, and links fto ftransH. <br /> <br />I!J Twin !Lakes is a gateway fto the community; <br />redevelopment will impJrOve this entry and <br />enhance the ~mage of the rest of the <br />community. <br /> <br />iI Redevelopment will improve access, enthance <br />environmental protection and recreational use <br />of Langton lake. <br /> <br />ROSEVILLE'S 5TRA TEGY <br /> <br />WHY TWiN LAKES PARKWAY? <br /> <br />Complement market-driven demand by providing a <br />comprehensive redevelopment framework, limited <br />financial assistance, and the necessary infrastructure <br />to make the land marketable enough for the private <br />investor to take the risks involved in redevelopment. <br /> <br />iIjJ Twin Lakes Parkway wm provide DeUer access <br />to the lBusiness Park and Langton Lake. <br /> <br />iI As an alternative east-west coHecto! sheet, <br />Twin lakes Parkway win relieve some of the <br />increased traffic pressures on County Road C. <br /> <br />IJ The alignment of the Parkway with i-35W wiH <br />improve safety and traffic flow. <br /> <br />For more information contact~ <br /> <br />..........O....DC.............a.ODo.gOaO.ODDDDDDDOOOOODDDDDDDD..maDmDaaDaDom....amDB.g...e~D..~...........D.....~..~a.~..a~.x...J.x. <br /> <br />Cathy Bennett <br />Phone: 651-490-2241 <br />Fax: 651-490-2931 <br />cathy .bennett@ci.roseville.mn.us. <br /> <br />Dennis Welsch <br />Phone: 651-490-2232 <br />Fax: 651-490-2931 <br />dennis. welsch@ci.roseville.mn.us <br /> <br />The City of <br />1)fJlT" ~'DJU':L~'8 <br />...l~ulCTrLOJ <br />Minnesota <br /> <br />2660 Civic Center Drive <br />Roseville, :vll\' 55113 <br /> <br />Brochure prepared by Kathryn Rayburn Kittleson <br />