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HomeMy WebLinkAbout4.a. Project Updates EXECUTIVE SUMMARY Port Authority Meeting Date: June 15, 2021 AGENDA ITEM: Project Updates AGENDA SECTION: Old Business PREPARED BY: Eric Van Oss, Economic Development Coordinator AGENDA NO. 4.a. ATTACHMENTS: Finance and Commerce Article APPROVED BY: LJM RECOMMENDED ACTION: Information Item. ISSUE Previous discussions with the Council and Port Authority indicated a desire for more information regarding completion of workplan activities. The following highlights some of the project and economic development activities since the last Port Authority meeting. The Morrison: Third floor sheet rock is in progress and exterior siding is being installed. Staff has started primary talks about the timing of the Phase II commercial portion of the development. Breweries: Work is moving forward with the business park brewery. They have received their federal approvals and are working for State approvals. They are working with an architect on final designs. Staff is working on an Ordinance Amendment that would allow a farm winery with agricultural production as a use in Business Park zoning. The Planning Commission will review the amendment on June 22nd and should go to Council sometime in July. The Council will also be asked to update the Class A liquor license to allow for more than one user in the City. Dave Schmitz/North 20 Brewing has submitted plans for a building permit for a brewery located in northern Rosemount. Israelson property: A Comprehensive Plan Amendment has been submitted to the Met Council. Staff is working with Mr. Israelson to establish a time frame for the entitlement process. Merchants Bank site: The Planning Commission recommended to split the lot and construct a commercial building for Summit Dental. The first building would be roughly 5,000 square feet. The Council will be asked to consider the lot split and Major PUD Amendment on June 15th. Plans also show a potential second commercial building that would be constructed at a later date for a currently undetermined user. Rec Center: The City Council discussed the Recreation Center at the work session on June 1 and Staff continues to work on agreements for the operations, financing, and land purchase. Legal counsel from both parties are drafting necessary agreements to present a formal project to the City Council in the coming weeks. UMore Residential: Preliminary Plat and PUD application received by City, Planning Commission review scheduled for July 27th, mass site grading on track for this fall. CDA Property: Staff met with the CDA on June 11th to discuss developer letters of intent on this multi- family housing project at Akron Ave. KJ Walk at 2800 145th: The caretaker/community room framing is in progress. Lucky Nutrition: A smoothie shop opened in June and occupancy was issued. A ribbon cutting was held on June 4th. Origination LLC: Plans are on hold for a truck load-out building. Speedway: There was a court date for May 25, 2021 to finalize of the foreclosure of the property. Staff has reached out to the previous owner and Wells Fargo to determine next steps and the sale of the property. Akron & Hwy 42: Staff is reaching out to commercial users regarding sites along Akron. Several parties have expressed interest, especially as plans for the rec center move forward. Spectro Baghouse: Foundation work in progress. UMore Park Ball Fields: Submitted for building review. Emery Acres Flower Farm: A new pick-your-own flower farm opened in June. There will be a ribbon cutting on Friday, June 18th at 12:00pm. INDUSTRIAL UMore Industrial site: Staff met with Xcel representatives on June 9th to discuss a potential user. Biscayne Business Park/ Cerron Commercial Properties: Occupancy was issued for Valley Natural Foods. Staff spoke with APPRO on the phasing of the remaining spec industrial buildings. Their timeframe has been pushed back to due material costs and supply chain issues. Rosemount Business Park: Discussions continue regarding the Osprey project. City Council had a public hearing on the TIF District on May 18 and approved the new Osprey TIF District. Plans for review are expected this month. Opus Site: No new information. Scannell Project: AUAR Document to be completed by 6/14 and submitted to EQB on 6/15 (this starts the required 30-day comment period). OTHER Website: Staff will be revamping the Community Development page, as part of a larger overhaul of the city website. The infographics in ESRI will be integrated/embedded into a new streamlined page. The website reorganizing and cleanup will be an evolving process throughout the year, so the Commissioners should begin to notice changes this month. Story Mapping: Staff is working on a new virtual story map for the Hwy 42 corridor. This will be largely for residents and will include all the renderings from Perkins and Will and an interactive map spanning the corridor. Building Costs: While staff anticipates a busy summer and fall with strong demand for residential and commercial development, the rising cost of building materials and supply issues are an area to be aware of. Developers have signaled that costs may delay or alter final plans and timeframes. Conceptual plans are subject to change as projects move into the bidding and building phases. Staff is working closely with business and developers to ensure a smooth process as plans potentially change. 6/4/2021 Rosemount identifies corridor for development – Finance & Commerce https://finance-commerce.com/2021/06/rosemount-identifies-corridor-for-development/1/4 Rosemount identified four hubs ready for development in a recent study. Plans for the hub at County Road 42 and Highway 3 include housing, commercial and more. (Submitted rendering: Perkins&Will) Rosemount identies corridor for development By: Kelly Busche June 3, 2021 3:48 pm In anticipation of a doubling population and continued housing growth, a new study from the city of Rosemount is providing guidance to ensure that cohesive business and commercial development will meet the needs of current and incoming residents. The southern suburb identified areas along County Road 42 that are ready for developments including retail, green space, mixed uses, recreation and more. Along with identifying these areas, the city is also using the study to spur 6/4/2021 Rosemount identifies corridor for development – Finance & Commerce https://finance-commerce.com/2021/06/rosemount-identifies-corridor-for-development/2/4 developer interest. “We really wanted to kind of get ahead of the curve in terms of what suburbs are doing,” said Eric Van Oss, economic development coordinator for the city. “We have a strong opportunity to not just create new commercial space for residents of Rosemont, but really … create a new type of retail destination for the county that’s different than what we’ve historically had.” Working with design contractor Perkins&Will, the city identified the intersections where County Road 42 meets Highway 3, 145th Street, Akron Avenue and Highway 52 as areas that can sustain new developments. New members of the Rosemount City Council influenced the study, as they wanted a “cohesive” vision for developments, Van Oss said. “There was already a lot of interest from single-family and townhome developers, but now we’re seeing a lot of interest from more … traditional, mixed-use, commercial developers,” he said. He added that developers have shown special interest in the Akron Avenue corridor. Many residents already shop along the County Road 42 area, but “it’s an older kind of development pattern [that’s] very auto-centric [with] long unbroken areas of parking and strip mall,” Van Oss said. It’s also home to some of Dakota County’s last undeveloped greenfield sites, he said. The city hopes to create 15-minute neighborhoods, where people can walk between services and fulfill their daily needs in 15 minutes, he said. “We identified the corridors along [County Road] 42 — that’s basically where all of our greenfield development will be in the next 10 to 15 years — and we just kind of decided to see what fits best in each of the different area,” Van Oss said. The city is also aiming to provide services that are experience-based, like coffee shops and breweries where people can meet or run into friends and neighbors. “[It] goes back to the hometown feel. … Throughout the whole study, people say they want to be able to be anywhere in Rosemont and run into their neighbors, run into their friends and be able to have those kinds of connections,” Van Oss said. The city’s population is projected to double in size, increasing from 20,000 people in 2010 to 40,000 people within the next 10 years. Its housing stock is growing alongside the population, with 389 new units of housing added last year — an increase of 155 units from the prior year, Van Oss said. 6/4/2021 Rosemount identifies corridor for development – Finance & Commerce https://finance-commerce.com/2021/06/rosemount-identifies-corridor-for-development/3/4 Historically, the city has a small daytime population and the need for daytime businesses was limited. Now, with more people working remotely — which Van Oss expects to continue — the need to daytime services is increasing, he said. “There’s a lot of people that are moving to Rosemount that want a certain caliber of amenities,” he said. The Akron Avenue and Highway 3 hubs will see some of the first projects. Work will start on the city’s new Recreational Center this fall near Akron Avenue, and a residential and commercial development will soon rise near Highway 3, Van Oss said. The Recreational Center will anchor a larger development, called UMore Park. The 425-acre site will be home to new commercial tenants, schools and around 1,500 units of housing, according to a news release. “It’ll be a large influx of homes in an already fast-growing area — in an area that doesn’t really have any commercial within walking distance,” Van Oss said. “That will kind of shift that center of commercial activity east.” RELATED: Lindquist joins WSB after long run with Rosemount Single-family permits outpace 2019 Like this article? Gain access to all of our great content with a month-to-month subscription. Start your subscription here. ABOUT KELLY BUSCHE Kelly joined Finance & Commerce in late 2020 as an economic developer reporter. She's a 2019 graduate of theUniversity of Minnesota, where she double majored in journalism and political science. During her time there,she worked at the student-ran newspaper, the Minnesota Daily, and eventually became the paper's editor inchief. She's held internships with APM Reports, the St. Paul Pioneer Press and Star Tribune. After graduation,Kelly joined the Duluth News Tribune, covering health and business.