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5 . <br />6. <br />7. <br />rip <br />• <br />2 <br />• <br />Lido Cafe <br />The Lido Restaurant is building a new facility at Snelling <br />Avenue, north of the Ford dealership. The restaurant will <br />seat over three hundred seventy-five people, and will have a <br />value in excess of $1.5 million. The City participated in <br />the project with Tax Increment Financing. <br />Rosepointe <br />Rosepointe is a Senior Housing development on Hamline Avenue, <br />where the current Forum Apartments are in place. The dovelop- <br />wont will be approximately 212 rooms, and have a value in <br />excess of $17 million. The City participated in the projfact <br />through the use of housing revenue bonds and Tax Increment <br />Financing. <br />Lines Companies <br />Lincoin is proposing a 150,000 square foot shopping mall at <br />the old Glendenning `Frucx site, west of Snelling. The <br />Lincoln develop nt will have a value of approximately sl0 <br />million. A grocery` stage will serve as a major anchor. Tho <br />eitY participated in the project through a low interest <br />loon --the Ramacy County Community 81ctck Grant Program. <br />Lexingtot,,. PIaca Shonrou <br />Pastier F.ntorprisoa is davaloping a Z7,000 square foot shopping <br />mall west of Its other centers on Lexington. Walgreen's will <br />sorve as the primary anchor for this development. <br />