HomeMy WebLinkAbout2017-05-02 HRA Work SessionAgenda
Housing and Redevelopment Authority Work Session Meeting
City of Edina, Minnesota
City Hall, Community Room
Tuesday, May 2, 2017
5:30 PM
I.Call to Order
II.Roll Call
III.Project Update: 4416 Valley View Road
IV.Project Update: 3930 W. 49-1/2 Street
V.Adjournment
The Edina Housing and Redevelopment Authority wants all participants to be
comfortable being part of the public process. If you need assistance in the way of
hearing ampli0cation, an interpreter, large-print documents or something else,
please call 952-927-8861 72 hours in advance of the meeting.
Date: May 2, 2017 Agenda Item #: III.
To:Chair & Commissioners of the Edina HRA Item Type:
Report / Recommendation
From:Bill Neuendorf, Economic Development Manager
Item Activity:
Subject:Project Update: 4416 Valley View Road Discussion
Edina Housing and Redevelopment
Authority
Established 1974
CITY OF EDINA
HOUSING & REDEVELOPMENT
AUTHORITY
4801 West 50th Street
Edina, MN 55424
www.edinamn.gov
ACTION REQUESTED:
No action requested; for discussion only.
INTRODUCTION:
This discussion pertains to potential sale and redevelopment of property located at the corner of Valley View
Road and Kellogg Avenue. This property was the subject of a Fall 2016 Request for Proposals.
Staff has continued to discuss re-use possibilities with interested developers. An update will be provided by staff.
ATTACHMENTS:
Description
Staff Memo: 4416 Valley View Road Update
Presentation: 4416 update
City of Edina • 4801 W. 50th St. • Edina, MN 55424
Economic Development
Phone 952-826-0407 • Fax 952-826-0390 • www.EdinaMN.gov
Date: May 2, 2017
To: Members of the Edina Housing Foundation
cc:
From: Bill Neuendorf
Economic Development Manager
Re: 4416 Valley View Road - Update
Last year, the Edina Housing and Redevelopment Authority issued a Request for
Proposal (RFP) for the City-owned property located at the northwest corner of
Valley View and Kellogg.
While two developers were interested, only one submitted a formal response to
the RFP. That original proposal was not accepted and staff sought other
alternatives.
Both Noonan Construction and Gatehouse Properties/McGlynn Partners
continue to have interest in the property. Both parties have previously submitted
concept plans for “sketch plan” review to Planning Commission and City Council.
After meeting with staff, the developers are agreeable to work together;
incorporating feedback from the sketch plan review and combining the best
aspects of their individual proposals. This cooperative effort maintains a
reasonable scale for the neighborhood, increases setbacks to better fit in to the
surroundings and provides a transition from the existing single-family homes to
the existing commercial properties along Wooddale. Redevelopment on the site
would return the property to the tax rolls and bring new condominium options
to the market.
If the members of the Housing and Redevelopment Authority are open to this
concept, the developers will prepare formal drawings and submit a purchase
offer for consideration.
Staff welcomes discussion regarding whether we should continue conversations
with Noonan Construction and Gatehouse Properties/McGlynn Partners.
Alternatively, other options could be pursued in the future.
# # #
The CITY of EDINA
4416 Valley View Road
Project Update
Edina Housing & Redevelopment Authority
Work Session Discussion
May 2, 2017
The CITY of EDINA 4416 Valley View Road
•Parcel size: 0.25 acres
•Zoning Designation: PCD-4
•Site Conditions: Formerly used as an automobile service station and rental facility. While the extent is uncertain, there is likely some soil contamination.
•Traffic volume on Valley View: 7,900 vehicles per day (2013)
City-Owned
Property
The CITY of EDINA Background
City acquired property about 15 years ago
◦Vacant and tax-exempt
Small Area Plan approved 2015
RFP issued in 2016
◦Two interested developers
◦Both concepts had benefits and flaws
Staff engaged both parties to see if they might work
together to combine the best parts of both concepts
The CITY of EDINA Small Area Plan
Several alternatives
were discussed in
Small Area Plan.
The CITY of EDINA Status
Both parties willing to work together to create a plan that better fits into the neighborhood
◦3 story condominiums along Valley View Rd.
◦2 story condominiums along part of Kellogg Ave.
◦Market rate pricing
◦15 total units (6 units on City-owned property)
The building height of City-owned property is generally consistent with Small Area Plan
If this concept is of interest, the parties will prepare a full proposal to purchase the property and pursue the project.
The CITY of EDINA Project Concept
#1
to remain
#2
to remain
City-Owned
Property
North
The CITY of EDINA Project Concept
City-Owned
Property
North
•6 market rate condos
•3 stories
•Rear loaded garage
•Appropriate setbacks
The CITY of EDINA Discussion
1)Is this concept of interest for the City-owned property?
2)Would the HRA consider a purchase offer to pursue this type of project?
Date: May 2, 2017 Agenda Item #: IV.
To:Chair & Commissioners of the Edina HRA Item Type:
Report / Recommendation
From:Bill Neuendorf, Economic Development Manager
Item Activity:
Subject:Project Update: 3930 W. 49-1/2 Street Discussion
Edina Housing and Redevelopment
Authority
Established 1974
CITY OF EDINA
HOUSING & REDEVELOPMENT
AUTHORITY
4801 West 50th Street
Edina, MN 55424
www.edinamn.gov
ACTION REQUESTED:
No action requested; for discussion only.
INTRODUCTION:
This discussion pertains to potential sale and redevelopment of property located at 3930 West 49-1/2 Street, a
vacant lot formerly occupied by Edina Realty branch office. This property was the subject of a Fall 2016
Request for Proposals and was recently granted preliminary approval for redevelopment.
Staff has continued to discuss re-use possibilities with the owners of adjacent parcels. An update will be provided
by staff.
ATTACHMENTS:
Description
Staff Report: 3930 West 49-1/2 Street Update
Presentation: 3930 Update
Presentation: KM2 Revised Concept
City of Edina • 4801 W. 50th St. • Edina, MN 55424
Economic Development
Phone 952-826-0407 • Fax 952-826-0390 • www.EdinaMN.gov
Date: May 2, 2017
To: Members of the Edina Housing Foundation
cc:
From: Bill Neuendorf
Economic Development Manager
Re: 3930 West 49-1/2 Street - Update
For the past four months, staff has worked with the selected Development
Partners (Buhl Investors and Saturday Properties) to create the redevelopment
concept for properties owned by the Housing and Redevelopment Authority
along 49-1/2 Street. Staff has also reached out to owners of adjacent
commercial properties to see if they have ideas to improve the Buhl/Saturday
concept.
KM2 Development, the owners of the property at 3918 W. 49-1/2 Street recently
submitted a suggestion to incorporate the properties that they own and control
into the overall redevelopment concept.
The proposed changes along the northwest corner of 49-1/2 Street and France
would NOT replace the Edina Collaborative proposal but would be an addition
to that work.
A summary of the KM2 concept is attached. Staff will summarize this concept at
the work session. The developer and architect will also be in attendance to
answer questions.
If the members of the Housing and Redevelopment Authority are interested in
pursuing this concept, the developers will prepare formal drawings and submit a
purchase offer for consideration. The purchase agreement between the HRA and
BuhlSaturday would be modified to allow both teams to pursue their individual
projects.
Staff welcomes discussion regarding whether we should continue conversations
with KM2 Development.
# # #
The CITY of EDINA
3930 W. 49-1/2 Street
Project Update
Edina Housing & Redevelopment Authority
Work Session Discussion
May 2, 2017
The CITY of EDINA West 49-1/2 Street
•3930 W. 49-1/2 Street
•Parcel size: 0.37 acres
•Acquired in 2013 for $2.65 M
•Site is clean with MPCA letter
The CITY of EDINA Background
City issued RFP in 2016
Three teams interviewed
Buhl Investors/Saturday Properties
Good Neighbors/Jerry O’Brien
KM2 Development / Doran Companies
Buhl/Saturday selected as preferred development partner
◦Reached out to adjacent commercial owners to discuss ways to improve the project (Dec 2016 - Feb 2017)
Preliminary approvals granted April 2017
The CITY of EDINA Edina Collaborative
Site Plan
The CITY of EDINA Status
KM2 Development continues to have interest in redeveloping properties they control
KM2/Collage Architects submitted concept last week
◦17,000+ SF retail including new Walgreens and small shops
◦2 levels of underground parking
one for residents and one for shared public use
◦110 apartments
◦4 to 6 stories
◦height shifted away from R1 &R2 parcels on 49th Street
If this concept is of interest, KM2 will prepare a full proposal to purchase the 3930 parcel and pursue their project.
The CITY of EDINA KM2 Concept
HRA parcel is 0.37 acre
Total site is 1.1 acres
Density is approx. 100
units/acre
The CITY of EDINA Edina Collaborative
Site Plan with 3 KM2 Parcels
3918
3930
future
retail
3944
future
retail
The CITY of EDINA Edina Collaborative
Site Plan with 3 KM2 Parcels
The CITY of EDINA KM2 Concept Overview
1)Continue with Buhl/Saturday on 3925, 3936 & 3944 parcels
Buhl/Saturday was receptive to early collaboration but concerned that schedule will be severely impacted with a major change of concept
2)Work with KM2 on 3930 parcel
◦Sell 3930 parcel to KM2 for redevelopment
Issues yet to be resolved:
Property purchase price
Funding for public parking
Tenant commitments
Feasibility of private financing
Planning and zoning review
The CITY of EDINA Discussion
1)Is this expansion concept of interest for the HRA-owned property?
2)Should this expansion concept be pursued if it negatively impacts the implementation schedule of the Edina Collaborative project?
3)Would the HRA consider a purchase offer to pursue
amending the current project to include this expansion concept?
Collage | a r c h i t e c t s
491/2 STREET AND FRANCE AVENUE PERSPECTIVE
Concept for discussion only Received 5-1-2017
1
Collage | a r c h i t e c t s
SITE LOCATION
F
R
A
N
C
E
A
V
E
N
U
E
S
O
U
T
H
W 49 1/2 STREET
W 50th STREET
PROJECT SITE
Concept for discussion only Received 5-1-2017
2
Collage | a r c h i t e c t s
49.5 & FRANCE
Edina, MN
APR.27.2017
RETAIL 17,625 NSF
PHARMACY 13,600 NSF
RETAIL_1 4,025 NSF
RESIDENCES
4 & 6 FLOORS 110 UNITS
PARKING
FIRST FLOOR 40
LOWER LEVEL I 114
SUB LEVEL II 125
TOTAL 279
SITE FLOOR PLAN 1” = 30’
FR
A
N
C
E
A
V
E
N
U
E
S
O
U
T
H
W 49 1/2 STREET
1BRM
2+BR1BR1BRFITNESS1BR
2BR
2BR
1BR
1+ BR
1BR
2BR
STOR.
1BR2 BR
ST.
2BR
ST.
1BR
1BR
1BR
1BRM1BRM1BRM1BRM
STOR.M/ET.
1BR
COMMONS
ROOF DECK
POOL
6 STORIES
1 STORY
4 STORIES
Concept for discussion only Received 5-1-2017
3
Collage | a r c h i t e c t s
49.5 & FRANCE
Edina, MN
APR.27.2017
RETAIL 17,625 NSF
PHARMACY 13,600 NSF
RETAIL_1 4,025 NSF
RESIDENCES
4 & 6 FLOORS 110 UNITS
PARKING
FIRST FLOOR 40
LOWER LEVEL I 114
SUB LEVEL II 125
TOTAL 279
RESIDENTIALLOBBY4,025 NSFRETAIL
13,600 NSFPHARMACY
DRIVE-T
H
R
U
20 STALLS
36 TOTAL STALLS
TR.PARKINGACCESS
RETAIL FLOOR PLAN 1” = 30’
FR
A
N
C
E
A
V
E
N
U
E
S
O
U
T
H
W 49 1/2 STREET
Concept for discussion only Received 5-1-2017
4
Collage | a r c h i t e c t s
49.5 & FRANCE
Edina, MN
APR.27.2017
RETAIL 17,625 NSF
PHARMACY 13,600 NSF
RETAIL_1 4,025 NSF
RESIDENCES
4 & 6 FLOORS 110 UNITS
PARKING
FIRST FLOOR 40
LOWER LEVEL I 114
SUB LEVEL II 125
TOTAL 279
1BRM
2+BR1BR1BRFITNESS1BR
2BR
2BR
1BR
1+ BR
1BR
2BR
STOR.
1BR2 BR
ST.
2BR
ST.
1BR
1BR
1BR
1BRM1BRM1BRM1BRM
STOR.M/ET.
1BR
COMMONS
ROOF DECK
POOL
SECOND FLOOR PLAN 1” = 30’
Concept for discussion only Received 5-1-2017
5
Collage | a r c h i t e c t s
49.5 & FRANCE
Edina, MN
APR.27.2017
RETAIL 17,625 NSF
PHARMACY 13,600 NSF
RETAIL_1 4,025 NSF
RESIDENCES
4 & 6 FLOORS 110 UNITS
PARKING
FIRST FLOOR 40
LOWER LEVEL I 114
SUB LEVEL II 125
TOTAL 279
1BRM
2+BR1BR1BRST.1BR1BR
2BR
2BR
1BR
1+ BR
1BR
2BR
STOR.
1BR2 BR
ST.
2BR
ST.
1BR
1BR
ST.
1BR
1BRM1BRM1BRM1BRM
STOR.M/ET.
1BR
THIRD, FOURTH FLOOR PLAN 1” = 30’
Concept for discussion only Received 5-1-2017
6
Collage | a r c h i t e c t s
49.5 & FRANCE
Edina, MN
APR.27.2017
RETAIL 17,625 NSF
PHARMACY 13,600 NSF
RETAIL_1 4,025 NSF
RESIDENCES
4 & 6 FLOORS 110 UNITS
PARKING
FIRST FLOOR 40
LOWER LEVEL I 114
SUB LEVEL II 125
TOTAL 279
1BRM
2+BR1BR1BRST.
2BR
2BR1BR
STOR.1BR
1BR
ST.
1BR
1BRM1BRM1BRM1BRM
M/ET.
1BR
COMMONS
1BR1BR
FIFTH FLOOR PLAN 1” = 30’
Concept for discussion only Received 5-1-2017
7
Collage | a r c h i t e c t s
49.5 & FRANCE
Edina, MN
APR.27.2017
RETAIL 17,625 NSF
PHARMACY 13,600 NSF
RETAIL_1 4,025 NSF
RESIDENCES
4 & 6 FLOORS 110 UNITS
PARKING
FIRST FLOOR 40
LOWER LEVEL I 114
SUB LEVEL II 125
TOTAL 279
2+BR
2+BR
1BR
STOR.2+BR
1BR
M/ET.
1BR
2+BR
2BR 2BR
COMMONS
2+BR2+BR2+BR
SIXTH FLOOR PLAN 1” = 30’
Concept for discussion only Received 5-1-2017
8
Collage | a r c h i t e c t s
49.5 & FRANCE
Edina, MN
APR.27.2017
RETAIL 17,625 NSF
PHARMACY 13,600 NSF
RETAIL_1 4,025 NSF
RESIDENCES
4 & 6 FLOORS 110 UNITS
PARKING
FIRST FLOOR 40
LOWER LEVEL I 114
SUB LEVEL II 125
TOTAL 279
10
18
29
9 121 TOTAL STALLS
29
20
LOWER FLOOR PLAN 1” = 30’
Concept for discussion only Received 5-1-2017
9
Collage | a r c h i t e c t s
49.5 & FRANCE
Edina, MN
APR.27.2017
RETAIL 17,625 NSF
PHARMACY 13,600 NSF
RETAIL_1 4,025 NSF
RESIDENCES
4 & 6 FLOORS 110 UNITS
PARKING
FIRST FLOOR 40
LOWER LEVEL I 114
SUB LEVEL II 125
TOTAL 279
10
18
28
9 114 TOTAL STALLS
29
20
SUB-LOWER FLOOR PLAN 1” = 30’
Concept for discussion only Received 5-1-2017
10