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HRAM 03/09/2017 CITY OF FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY COMMISSION SPECIAL MEETING OF MARCH 9, 2017 _____________________________________________________________________________ Call to Order Chair Pro Tem Gabel called the meeting to order at 7:30 p.m. Roll Call MEMBERS PRESENT: Pat Gabel, Chair Bill Holm Gordon Backlund Kyle Mulroney Stephen Eggert MEMBERS ABSENT: None OTHERS PRESENT: Paul Bolin, Assistant Executive Director Fridley HRA Scott Hickok, Community Development Director Action Items: 1. Motion Authorizing Staff to Negotiate a Development Agreement for Locke Park Pointe. Paul Bolin, Assistant Executive Director Fridley HRA, presented information on the RFQ process that resulted in four proposals by developers interested in developing the private portion of Locke Park Pointe. Paul Bolin indicated that after the four candidate groups were interviewed, two candidate groups . were selected for further consideration and a second interview by staffUpon second interview, one group clearly shone above the others. The candidate not recommended would have clearly waited to decide what to develop east of the future public works facility and indicated that they would prefer to not install the entire parkway, until they knew what they were going to do to provide a development east of the public works facility. The strategy could have left the City with an incomplete Parkway and in search of a new developer in the future to complete the development east of the new public works facility. Flaherty and Collins on the other hand, appeared to be more global in their approach to developing the site and spoke of all areas, including the area east of public works as they contemplated the future development on this site. Paul Bolin continued by indicating that Flaherty and Collins have been encouraged by the success of the Cielo Development and would seek to work to build an amenity rich series of buildings that would make for an attractive development and possibly provide yet a higher end housing product, as a housing option in Fridley. Housing and Redevelopment Authority Special Meeting of March 9, 2017 Page 2 Paul Bolin indicated that staff was impressed with the fact that this group would be looking at the entire site as a unified development, that they saw the Civic campus and pond amenity as a great complex to build upon, and that they see the ultimate development being specifically designed for the setting, not a one size fits all solution. Commissioners Backlund, Eggert, and Chair Pro Tem Gabel , each spoke of touring the Flex and Grow housing product proposed by the Dominium Group and asked how the Flaherty Collins Group's solution for the detached home portion of the site would compete. A general discussion ensued regarding their tours. Paul Bolin responded that the individual homes would likely be built by a developer such a Pulte Homes, who have expressed strong interest in the site. Paul Bolin concluded his discussion by indicating that 2700 on University is an apartment project that had just been completed by the Flaherty Collins Group and that it would be available for them to tour if they would like. He indicated that that is a development with some ground floor commercial and that the Flaherty Group have not ruled out office and/or restaurant for this site. They will evaluate all options and indicated that they would like their first building to be a grand entrance into the remainder of the site. A discussion by the Commissioners ensued regarding the concepts, the developer responses at the interview, Pulte Homes, and possibilities of a restaurant. MOTION by Commissioner Eggert to Authorize staff to negotiate a redevelopment agreement with Flaherty and Collins Properties for the development of Locke Park Pointe. Seconded by Commissioner Holm. UPON A VOICE VOTE ALL VOTING AYE, CHAIRPERSON PRO TEM GABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. Adjournment: MOTION by Commissioner Holm to adjourn. Seconded by Commissioner Eggert. UPON A VOICE VOTE ALL VOTING AYE, CHAIRPERSON PRO TEM GABEL DECLARED THE MOTION CARRIED UNANIMOUSLY AND THE MEETING ADJOURNED AT 8:02 P.M. Respectfully Submitted, Scott J. Hickok Community Development Director