HomeMy WebLinkAbout2017-02-22 HRA Work Session Minutes MINUTES
WORK SESSION
OF THE EDINA HOUSING AND REDEVELOPMENT AUTHORITY
FEBRUARY 22, 2017
• 5:30 P.M.
1. CALL TO ORDER
Chair Hovland called the HRA meeting to order at 5:32 p.m.
11. ROLLCALL
Answering rollcall were Commissioners Brindle, Fischer, Staunton, Stewart, and Chair Hovland.
Edina City Staff attending the meeting: Kris Aaker, Assistant City Planner; Jennifer Bennerotte,
Communications and Technology Services; Debra Mangen, City Clerk; Scott Neal, City Manager/Executive
Director; Bill Neuendorf, Economic Development Manager; and Cary Teague, Community Development
Director.
City Consultants Nick Anhut and Bruce Kimmel, Ehlers Associates and Jay Lindgren, Dorsey and Whitney
were also attending.
Members of the Preferred Development Partners were also in attendance. They included Pete Deanovic, Buhl
Investors, and Brent Rogers, Saturday Properties, along with their consultant team consisting of Todd Novak,
David Daly, Tom Whitlock, Mike Benedict, Trisha Sieh, and Scott Froemming.
111. 49 1/2 STREET REDEVELOPMENT UPDATE
Economic Development Manager Neuendorf explained that staff had been meeting with the Buhl
Investor/Saturday Properties team since late 2016 regarding the potential redevelopment of 3925 and
3930-3944 W. 49-1/2 Street. Mr. Neuendorf gave some background on the subject site then gave an
• overview of the proposal to date along with potential benefits. He outlined topics for discussion: 1)
does the concept achieve the desired goals; 2)should negotiation continue to sell north ramp
commercial spaces; 3) should negotiations continue to sell center ramp and retain public easements;
4)should a new TIF District be considered; 5) should Centennial Lakes TIF be invested in new public
parking expansion; 6)should land proceeds be re-invested in public ramp expansion; 7) which options
should be pursued for affordable housing units; and 8)What other concerns or suggestions should be
investigated.
The Commissioners were generally supportive that the proposal would achieve the desired goals of
redevelopment and that negotiations should continue as long as the public parking would be part of
the project. It was believed that parking easements would adequately preserve the public's interest in
the center ramp site. Concern was expressed over the degree of public investment. It was suggested
that all proposed financing options be investigated as to feasibility and the Edina Housing Foundation
consulted regarding affordable housing. Staff should continue to bring status reports.
IV. ADJOURNMENT
Chair Hovland declared the meeting adjourned at 6:24 p.m.
Respectfully submitted, _ f
c tt Ne I, Execut a Director
•
Page I