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Phase 111 Development - Long-term full buildout 15-20 year plan The Phase III development in the middle section of the study area includes the Centennial Gardens apartment buildings. There is no indication that the Centennial Apartments will redevelop in the near future. However, like most aging structures that were built in the 1960's, their useful life will have an end over the next 15-20 years unless significant improvements are made to keep up with the maintenance and current market needs. The master plan strives to look long-term to ensure the more current redevelopment will tie into future redevelopment. This middle section of the study area is significant in making the necessary connections and completion of the neighborhood master plan. This phase will extend the "grid" street system to allow construction of a heavily landscaped boulevard from Hamline to the Arona site in a straight linear pattern. This provides a"see-through" street from one end of the master plan area to the other and portrays a planned development from start to fmish. However, the extension of a meandering Boulevard that connects people to open space and trails and created attractive site lines from newly developed housing units is also desired This area includes condominiums or apartments along Terrace Drive. In addition, multi- level, for-sale or rental townhomes are proposed in the midsection with single-family homes along the northern border near Centennial Drive. There currently is a mix of senior and young renters in the Centennial Gardens apartments. It is a goal of the master plan to provide a mix of uses in the entire development to reduce the impact on the existing tenant mix. There may be seniors who move into the senior independent or assisted living facilities, young professionals who can own a townhome or condominium, young families who can own a home and others who can remain renters in an apartment complex or townhome. All these components will be planned for in the area. 7 — Draft (7/12/01, amended 2/04/02)