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<br />[M~ <br /> <br />-IlAn.AmencaIJ <br />"ally CorporahOIJ <br /> <br />1117 "I1.rQu.At.'(rlue <br />SUlle 2<x) ... <br />'I m0(41'<,t" , Mlnn(....~4 ~~41l\ <br />(6121 "2 ~~.u <br /> <br />,\I~RJ('\. <br /> <br />J:me 2, 1988 <br /> <br />Re: The Lexington - A Resid~ntial Community; <br />Proposed Development of ApproximatelY 29 Acres Along <br />Lexington A\enUe Between Woodhill Dr1ve and cou~ty Road C-2 <br /> <br />Dear Resident: <br /> <br />I am writing to inform you th~~ a neighborhood mee~lng has been <br />scheduled for Wednesday, Ju~e 8, 1988 to review and answer any <br />quest10ns you m1ght have in connection with the above <br />development~ The meetins will be held 1n the Chamber Roo~ at <br />Roseville C1ty Ball ar.J is scheduled to begin at 7:00 p.ml <br /> <br />The site plan for the overall development incorpo:ates four <br />separate needed land us~s: <br /> <br />1. Upscdle residentlal h~usin9 wlth a clend of low density <br />~nd ~lgh density product on 20.2 acres; <br /> <br />2. Ups~ale nelghborhood retail of approxi I~tely 40,000 <br />squdre feet on 4.2 acres: <br /> <br />3. rXpanS10" of the existing VFW by 30,400 square feet: <br /> <br />4. D~~elopmenc of an ~pscale city-owned baJJpark consisling <br />of 2.7 acres isee attached Slte plan). <br /> <br />I <br /> <br />rtesidential <br /> <br />The Lexirgton is a proposed 321-unit, lu~ury, market-rate <br />apartmen~ proJect on a 20.2 acre lnf111 s1te. The prolect will <br />?rovlde fQr three separate, 75-unil, elevator bUlld1ngs with <br />underground parklng, and twelve 8-plex townhomes with at~oched <br />parking deslgned along a meandering dr1ve through the project. <br />The proJect Wll! 1nclude extensiv~ common areas and recrealional <br />facil1t),es. <br /> <br />The Lexington wlll conslst of 121 one-bedroom un1ts, 140 <br />two-becroor. unlts, a~d 60 three-bedroom units, all of which Will <br />be ge~red toward two d1stlnct market segments: Lhc upscale actlve <br />slrgles and couples market; and the empty-n:ster "arket looking <br />