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HomeMy WebLinkAbout2021-05-06 HRA Special Work Session MinutesMINUTES OF THE WORK SESSION OF THE EDINA HOUSING AND REDEVELOPMENT AUTHORITY MAY 6, 2021 S:30 P.M. 1. CALL TO ORDER Chair Hovland called the meeting to order at 5:30 p.m. and noted the meeting was being held virtually to comply with the Governor's Stay at Home Order due to the COVID-19 pandemic. It. ROLLCALL Answering rollcall were Commissioners Anderson, Jackson, Pierce, Staunton, and Chair Hovland. Staff in attendance: Scott Neal, City Manager/Executive Director; Don Uram, Finance Director; Andrea Rich, Financial Analyst/Accountant; Stephanie Hawkinson, Affordable Housing Manager; Liz Olson, Administrative Support Specialist; Bill Neuendorf, Economic Development Manager; Chad Millner, Engineering Director; Risi Karim, City Management Fellow; Cary Teague, Community Development Director, 111. 5146 EDEN AVENUE — DISCUSSION OF PREFERRED OUTCOMES Executive Director Neal said this item pertained to the future re -use and redevelopment of the vacate site at 5146 Eden Avenue. He said over the past 10 years, the City and HRA have explored several different concepts for this site and conducted sketch plan level reviews of the preliminary concept and site plans and that based on comments and concerns expressed, it would be appropriate for the HRA to discuss its goals for this property and potential paths to return the vacant property to a productive use. Economic Development Manager Neuendorf shared background information in order to provide a platform to discuss preferred outcomes for the site at 5146 Eden Avenue. He shared questions to consider, a summary of past efforts, the current memorandum of understanding (MOU) and recent concepts, land valuation, and use of funds then asked for an HRA discussion of the priorities, preferences, and a path forward. He reviewed past plans, the seven guiding principles that should be included in any plan that came forward, then spoke about work to determine the highest land value versus fair market value then reviewed allowable use of HRA proceeds. The Commission shared the importance of not just redeveloping the site but the entire area that would create a destination area and neighborhood center and the need to decide on an overall plan in a structured fashion over time within current constraints that included cost. The discussed how the site did not have to be publicly owned and operated but could be done privately then spoke about the need to maximize land value while creating a project the City could be proud of that included open space with elements such as a band shell, outdoor theater, and other activity areas. They discussed the importance of creating a vibrant, connected district but that a community center would likely not work here as the public realm element was overarching. The Commission liked the senior coop element and envisioned a development similar to the curling center/town hall concept in Chaska and asked if they could sell a portion of the site and use the proceeds to create a plaza. They spoke about a grand vision in conjunction with the difficulty of approving one-off proposals and the importance of a destination venue created close to the parking facility. They stressed the importance of an affordability component being more than 10-20% of the units based on the affordability housing study and how that could be achieved through increased density or height and how an ownership concept created a neighborhood. The Commission spoke about the plaza to the north and the need to use the parking garage to the north when the lot was used during the day as an asset they could tie to the public parking and shared they did not want to see the City enter into an operating situation for a new facility in regard to Jerry's Enterprises. The Commission Page 1 M|mukes/HRAWmrl(sessiom/May 6,2021 suggested creating building vision concept via u model similar to Nolan Mains and said they would like to see the south side used for a senior coop and the north side for a destination/public realm benefit and hospitality venue. They said this concept would require design assistance onwhat could occur that included the financial component then talked about a developer doing the entire site vvh||e selling o small portion of the site to gat enough value. The Commission discussed a build/operate/lease option that included selling half to a private developer then conclude options for the north side. Consensus was to consider the feasibility of selling the south half of the site for a residential housing project and retain the funds to create o public development on the north half that would energize and engage both sides of the site and create a housing type and price point consistent with the Housing Task Force report. They stressed the importance ofproviding transitional housing to encourage current residents to remain with the assumption that both sides did not have to be the same developer and could beleased back tothe City. The Commission agreed toretain ownership of the north half and lease back while retaining control for future roads and include a private/public component such unarestaurant partnership. Mr. Nemendorf said staff would connect with Fronmheuh and United Properties to discuss the expiring MOU and noted with the change in scope they would likely request the City to beginp 'n8 development costs for the northern portion, Engineering Director M|||narmhanad the proposed concept for the pedestrian bridge that would be awarded in June and provide future easement access from Brookside, IV. ADJOURNMENT Chair Hovland adjourned the meeting at7:24p.m Respectfully submitted,01,100