Loading...
CCM 04/27/2015 (2) Chapter 4, Economic and Redevelopment Plan Page 29 2018 Amendment EXHIBIT A Moore Lake Area The Moore Lake Shopping Center area posed another opportunity in the City for a walkable downtown. The only form of public transportation in this 90 acre area is limited bus service along Central Avenue, but recreational trails and sidewalks exist in the area leading to Moore Lake Park. The Moore Lake Shopping area needs improved landscaping along the medians and right of ways. The Only Deals site needs updating. It could be combined with the site of the former Shorewood restaurant on Moore Lake and redeveloped into a mixed use site with fine dining on the lower level and condominiums overlooking the lake and park above. The area on the west side of Highway 65 contains a vacant Sinclair gas station site, which is non-conforming in size, and has sat vacant for years. The bowling alley site needs updating. If the senior condominium projects, which received approvals for the corner of Mississippi and Central, do not receive financing and lose their effective status, the City should continue to pursue high density, senior housing for these corners due to the demand for this type of housing in Fridley. Northstar Transit Oriented Development While University Avenue between rd 53 Avenue and Mississippi Street is currently solely designed for automobile traffic, it is one of the main public transit areas in the City. th The southbound bus stop at 57 and University is the last stop before the morning express route buses rush downtown, making it a quick, 15- minute commute to work in the central city. Bus stops are also st heavily used at 61 and Mississippi Street on University Avenue. The Northstar Commuter Rail Station is just west of University Avenue at st 61 Avenue. The Hyde Park neighborhood, in the heart of this area contains affordable rental and homeownership opportunities for the surrounding industrial workforce. Three of Fridley’s largest employers have facilities within a mile of the Fridley Northstar Station. One of Fridley’s major commercial intersections, University and I-694, is also in this area. The Fridley Market site in this corner has been going through extensive redevelopment by the private owner, providing new retail opportunities and jobs for the area. In addition, a 25.5 acre, vacant, site at the corner of I-694 and East River Road has potential to provide new jobs in the area. The site had been master planned for mixed use development, however, after several years, the developer has been unable to find a suitable commercial user, with excess commercial space available metro wide, and multiple market rate residential developers have expressed concerns over market limitations. While the City continues to preserve space across this site for a railroad crossing to connect the Northstar TOD area to the Fridley Market site, the City is considering removing the parcel from the Northstar TOD Zoning District and allowing the site to return to its pre-2005 industrial use. The City has found that it is not reasonable for a site like this on a corner of an interstate and a County highway to meet the TOD setback and screening requirements. Yet preserving the bridge connection will ensure that this site can still serve as a key multi- modal access point in the Northstar TOD Area. All of these components make this 355 acre area a great opportunity for transit oriented development (TOD).