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<br />MINUTES OF THE JOINT MEETING OF THE
<br />EDINA HOUSING AND REDEVELOPMENT AUTHORITY/CITY COUNCIL
<br />HELD AT EDINA CITY HALL
<br />SEPTEMBER 12, 1988
<br />A joint meeting of the Edina Housing and Redevelopment Authority and the City
<br />Council was convened to consider concurrently in public hearing the Overall
<br />Development Plan, Final Rezoning to MDD-6 Mixed Development District, Final Plat,
<br />Final Site Plan and the Amended Redevelopment Agreement for the Hedberg
<br />Development. Action was taken by the HRA and the Council individually as
<br />Answering rollcall were Commissioners/Members Kelly, Richards, Smith, Turner and
<br />MINUTES of the Joint HRA/Council Meeting of March 7, 1988 and HRA Minutes of
<br />August 1, 1988 were approved as submitted by motion of Commissionerflember Turner,
<br />seconded by Commissionerflember Smith.
<br />Ayes: Kelly, Richards, Smith, Turner, Courtney
<br />Motion carried.
<br />PUBLIC HEARING ON HEDBERG DEVELOPMENT CONDUCTED: OVERALL DEVELOPMENT PLAN
<br />APPROVAL GRANTED: FINAL SITE PLAN APPROVED: AND AMENDED REDEVELOPMENT AGREEMENT
<br />placed on file.
<br />Community Development and Planning Commission noted the following since the
<br />Council granted preliminary rezoning and preliminary plat approval on October 12,
<br />1987. First, the Council has approved the Environmental Impact Statement (EIS)
<br />for the development. Second, the HRA and the East Edina Housing Foundation have
<br />approved and executed a redevelopment contract with the developers. Third, the
<br />Zoning Ordinance has been amended to allow retail as a permitted principle use in
<br />the MDD-6 District.
<br />Pollution Control Agency (PCA) to issue an Indirect Source Permit (ISP) to insure
<br />the development does not violate air and noise pollution standards. Changes made
<br />in the development plan are loss of the proposed health club, minor changes to the
<br />park (i.e. relocation of the park building), reduction in square footage in retail
<br />and office space and in the number of housing units.
<br />includes 276 housing units, 201,000 square feet of retail space, 106,900 square
<br />feet of office and 39,050 square feet of theatre (8 screens and 2,644 seats).
<br />Manager Rosland introduced Boyd Stofer, President of United Properties, and
<br />developer of the project. Mr. Stofer said he was pleased that after all the time
<br />and effort that has been put into the project that there is now something to show
<br />for it. The master plan has evolved, with modifications, improved and somewhat
<br />changed from the original concept. The two constants that have remained are the
<br />major housing component, which was one of the public goals, and the public park
<br />amenity comprising about 25 acres of the site or one-fourth of the land area.
<br />complimented the City staff, who have been involved with the project, for their
<br />efforts in helping forge an important and successful public/private partnership on
<br />the project.
<br />retail and theatre, medical/office, and housing components of the project. He
<br />noted that it was important to get some tax increment going to pay back the bonds
<br />on the Phase I development which totals over $90 Million dollars.
<br />Properties has engaged the firm of Smallwood Reynolds of Atlanta, GA to work on
<br />the design of the south end of the site which anchors the project and drives the
<br />financial aspect of the project. Although the precise time of the office
<br />component is unknown, several key tenants are being pursued.
<br />been done regarding naming the project, with input from the City and
<br />co-developers. The name selected is "Centennial Lakes". The name reflects the
<br />importance of the City's involvement and the fact that this is the 100th
<br />anniversary of the City of Edina.
<br />major lakes aspect of the public park and it is felt that the name will work well
<br />throughout the project.
<br />master plan.
<br />half, the north/south park development linking to the non-residential development
<br />on the west side parallel to France Avenue.
<br />within the last six months include the final definition of Phase I medical office
<br />building at 106,900 square feet with a parking ramp which will appear at grade
<br />from France Avenue; the eight screen theatre complex; the retail and park
<br />headquarters element (between 76th Street and Parklawn) in the range of 200,000
<br />square feet with structured parking again appearing as surface parking from France
<br />Avenue and with a direct visual connection through to the central headquarters
<br />park facility.
<br />the elimination of the athletic space which was proposed earlier. The south
<br />refinement, partly market and partly architecture, has to do with the office
<br />of a density statement like Parcel C on Parcel E.
<br />of the suggestions made by the Council was the desire for a greater housing mix.
<br />On Parcel E a higher density housing statement has been incorporated, to be
<br />determined in the future whether it is ownership or rental. On Parcel E the range
<br />is proposed at 400-410 dwelling units with overall density of about 62 units/acre.
<br />APPROVED: FINAL REZONING TO MDD-6 MIXED DEVELOPMENT DISTRICT GRANTED: FINAL PLAT
<br />Affidavits of Notice were presented by Clerk, approved and ordered
<br />The staff report on the Hedberg project as presented to the
<br />For a project of this magnitude, state law requires the
<br />Phase I of the project
<br />Mr. Stoffer commented that the co-developers would speak on the
<br />Market research has
<br />The lakes feature is to emphasize the three
<br />Peter Jarvis, BRW, highlighted the refinements to the
<br />The basic structure remains the same from the housing on the east
<br />The refinements that have occurred
<br />The retail cluster of four buildings have one modification with
<br />Earlier there were three buildings and a high-rise residential and more
<br />Mr. Jarvis pointed out that one