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based approach. The market baaed approach provides general direction regarding future land use by removing the barriers of redevelopment such as dilapidated buildings, contamination and soil conditions. This allows Roseville properties to compete with vacant land in the outer suburbs. 3.3 The following planning principles (from the adopted Master Plan) are used as a guide in the development of the Twin Lakes. � Create a buffer to protect and enhance the public enj oyment of Langton Lake ■ Protect the residential neighborhoods with less intrusive adjacent land uses and reduce truck traffic through residential areas ■ Create a livable environment with a mix of uses; a new type of neighborhood ■ Create compatibility among the new uses and consistency among building designs ■ NTinimize the impact of commercial traffic onto residential streets; reduce congestion at main intersections ■ Clean up surface, soil, and groundwater pollution ■ Provide a range of quality jobs, concentrate on head-of-household jobs ■ Diversify and strengthen the tax base, especially long term. ■ Provide a fle�ble master land use plan that can evolve over time ■ Locate uses within areas where they can best take advantage of necessary market forces needed to succeed ■ Create partnerships with regulatory agencies and development community. 3.4 Staffs understanding of the Roseville Properties proposal includes appro�mately 60 acres encompassing land at the corner of Cleveland and County Road C e�tending east to Prior and Arthur and e�tending north to County Road C2. Refer to development opportunity map attached. 3.5 Staff anticipates that the proposal will be described as a"new mixed use neighborhood" approach to development with a mix of retail, sma11 office, bank and restaurants. In addition, the proposal could include housing units near Langton Lake. 3.6 For this new "mixed use neighborhood" land area, the Twin Lakes Master Plan projects the ma�mum density and types of land uses as over 1 million square feet of high quality multi story office, full service hotel, fitness center, daycare, restaurants and medical facilities. In addition the Master Plan identified over 240 condominiums and town homes adjacent to the Langton Lake Park southern boundaries. The City's Twin Lakes Master Plan development within this area projected $188 million in project costs and nearly 4,000 new jobs with $200 million in annual wages. 3.7 All of Roseville's current projections (total square feet, types of uses, jobs, wages, housing density, new value, traffic, etc) are based upon the approved Master Plan. The purpose of the master plan is to anticipate the maximum density, potential new taxes and other impacts based upon a redevelopment plan. The state approved environmental study (an AUAR) is based upon these maximum uses. Projects of less density or different uses may have other unintended environmental impacts. PF3232 — RCD -- RP Proposal (102102) Page 2 of 4