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10-14-08 HRA Special Workshop . . . AGENDA GOLDEN VALLEY HOUSING AND REDEVELOPMENT AUTHORITY Special Workshop Golden Valley City Hall 7800 Golden Valley Road Council Conference Room October 14, 2008 Following Council/Manager Meeting (Approximately 8:30 pm) 1. Reconvene in Workshop 2. Douglas Drive Redevelopment Area and Tax Increment Financing (TIF) District Plans 3. Adjournment . ~ Hey mo ndum Housing & Redevelopment Authority 763-593-8002/763-593-8109 (fax) 7800 Golden Valley Rd. Golden Valley, MN 55427 763-593-8014 Date: October 14, 2008 To: Housing and Redevelopment Authority Commissioners From: Jeanne Andre, Assistant Director Through: Thomas D. Burt, Director Subject: Douglas Drive Redevelopment Area and Tax-Increment Financing District Plans The Douglas Drive Corridor Study initiated by the City Council is currently underway, with an anticipated completion date by the spring of 2009. A proposal from United Properties to . develop the Applewood Pointe senior housing project on Douglas Drive has come forward and will be considered before the completion of the Corridor Study. Attached is a proposed timeline for consideration of Applewood Pointe. The schedule seeks to integrate City planning review with consideration of United Properties request for tax-increment financing to support its project. The process followed in Golden Valley for consideration of tax-increment financing starts with the Housing and Redevelopment Authority (HRA) and is completed by the City Council with the benefit of commentary by the Planning Commission, Hennepin County and the school district. Following the attached time schedule, the HRA will review a redevelopment plan and tax-increment financing district in November and forward recommendations to the City Council for a public hearing in January. The purpose of a Redevelopment Plan is to delineate the redevelopment area and speak broadly to redevelopment goals for this area. The Tax-Increment Financing Plan is a separate document which legally establishes the parcels to be included in a TIF District and outlines the sources and uses of funds raised through this district. The HRA staff is seeking comments on the draft Redevelopment Plan in advance of formal consideration of the plan in November and requested a special HRA Workshop for discussion by the Commissioners. Attached is a draft redevelopment plan. A Tax Increment Financing Plan is being prepared by Springsted. Attached is an outline of . the basic provisions of the plan for review by the Commissioners. Staff will address concerns raised in the Workshop on both of these plans and prepare the Douglas Drive Redevelopment Plan and Douglas Drive Tax-Increment Financing Plan for formal consideration by the HRA at a special HRA meeting on November 10. Action requested at that time will be to approval of the plans for consideration by the City Council. . Preliminary Schedule for Applewood Point (United Properties) Housing Development on Douglas Drive at Golden Valley Road (HRA activities redevelopment activities are bolded, planning process is not) 2008 May 8 May 14 June 10 August 11 Sept. 16 Submit Preliminary PUD Application Submit Rezoning Application Blight Analysis Completed Preliminary report on TIF at HRA Planning Commission consideration of Preliminary PUD Planning Commission consideration of Rezoning City Council consideration of Preliminary PUD City Council consideration of Rezoning October 17 Submit Final PUD Application Submit Minor Subdivision Application (for lot primarily north of creek) Nov. 11 . Nov. 14 Nov. 24 Nov. 24 Dec. 15 Dec. 24 2009 Jan. 6 Jan. 6 Jan. 20 . 10-14-08 HRA Consideration of Redevelopment Area and TIF District Send letters to County and School district (30-day comment period) Planning Commission determination of compatibility with Comp Plan Planning Commission consideration of Final PUD and Minor Subdivision Deadline for Comments from County and School district Publish notice of PH on Redevelopment Area and TIFDistrict City Council consideration of Final PUD and Minor Subdivision City Council PH on Redevelopment Area and TIF District PUD Plat, Minor Subdivision Plat and Permit consideration by City Council . Douglas Drive Corridor Redevelopment Plan Introduction As part O'f a gO'al-setting sessiO'n in 2006 the City CO'uncil identified DO'uglas Drive (CSAH 102) as a primary area O'f cO'ncern fO'r the future O'f the City. As part O'f the 2008 update O'f the CO'mprehensive Plan, the City again identified the DO'uglas Drive CO'rridO'r from Medicine Lake RO'ad (CSAH 70) to' MinnesO'ta Trunk Highway (TH) 55 as a priO'rity fO'r further study. There is significant thrO'ugh traffic from cO'mmunities to' the nO'rth and the mixture O'f land uses alO'ng the cO'rridO'r in GO'lden Valley adds even mO're traffic. The vO'lume O'f traffic cO'mbined with limited public right-O'f-w~~]tlYc,ailable fO'r expansiO'n will present challenges to' imprO'ving this cO'rridO'r and its p;~"'i~iihfrastructure. Traffic is heavy alO'ng the cO'rridO'r due to' its designatiO'n by l-;Ii~ijmnRrn CO'unty as a minO'r arterial cO'rridO'r and its mixture O'f land uses including sin~'~Hfami\'t1I;rnulti-family, O'ffices, retail, schO'O'ls, churches and industrial uses. '. " . . . Wi IIUII;'i The initial fO'CUS O'f redevelO'pment will be~flDI:east side O'f DO'ugl~l~rive between Duluth Street (CR 66) and the UniO'n Pacific Railro~RIl~ight-O'f-w~y. The Ci\llt;.i sires to' loO'k at this area in a cO'mprehensive manner. The e)ci~lIR~ laRi~I"~e is a mil~f IO'w-and-high den~ity hO'u.sing, sO'me relativeIYlnml~"and sO'me;Qlin~l'~~tllas well as 0' I [i.lcO'mmercial and Industnal uses Hnllllni,tlllhlJ . , S (U.,J.>;1 ::~1~.'~~! Ii 1, :," \ 1]" ~..l ,Hi i~Hh Backgroundl.n. 'T.,';L. tiP! When DO'uglas Drive~~~n\Rmally cO'nst~~cted, th!~I~~~rO'undiijWi;land uses were mO're rural in nature. NO'~~iRi3Fl1b~rig~ majO'r Ct4' O',y,~r~iinQ'H~iiiRg HO'neywell, United Health Care and Tennantlq~rnpany h~Hn a signi Ri~ipresence!lf1I)the cO'rridO'r and the average daily traffic O'n variO'uf:l!~~,?tiO'ns'~fl~he cO'rri [lli,n GO'lden Valley range frO'm 10,000 to' 14,000. Thn,,8r,~.~ence~flnMm~i~RJjJmi~~~O'O'ls I~frt~dburg Middle SchO'~I, King o,f.?race Lutheranl~n~mU~n~iPerp'Q~II~w~htlill~nl~n~O'rlfImg Arts) and recreatl~nal faCIlities (Sand"! ifIE31ds,'Jfijq~~ywel\iQllU!~ Leagl.J'~lfl~'~' 'Seeman and Hampshire Parks, and the Threeil'.,rs Luce uriEtjmr~il) irllt~I~, cO'rridor'lAlcrease the need fO'r imprO'ved safety fO'r nO'n-mO'Fi~~d transPO'rta1i~D. .' "Hilh "l!tlti "i'fl1Xti,\'i, ')Ii i The Three Ri~~r~, Park Dist;ifHlhas c~~structed a PO'rtiO'n O'f the Luce Line Trail through GO'lden Valley fI1ijtlr4Yill cO'nn~<<UFrench Park in PlymO'uth with Wirth Park in MinneapO'lis. At the present timel~lJ1~re ar~l",l~t safe nO'rth-sO'uth cO'nnectiO'ns to' this trail fO'r bikers and pedestrians. In O'rderlfQnoo~r~ve these cO'nnectiO'ns GO'lden Valley received funding through the NO'n-MO'tO'riz~!mlrransPO'rtatiO'n Act to' study this cO'rridO'r and plan fO'r future imprO'vements to' pedestrian, bicycle and transit cO'nnectiO'ns in this cO'rridO'r. The Principles fO'r this study are O'utlined belO'w. Principles 1. Improve connectivity and functionality for all transportation modes. As a cO'unty state-aid and minO'r arterial street DO'uglas Drive has histO'rically fO'cused O'n mO'tO'rized vehicles. Traffic vO'lume has increased significantly O'ver the years as has the need fO'r better, safer nO'n-mO'tO'rized transPO'rtatiO'n and transit O'ptiO'ns. ImprO'vements in pedestrian and nO'n-mO'tO'rized traffic facilities must be develO'ped 1 . . . so safe and attractive options are available to all modes of travel in all seasons and improved transit services can be provided. Enhancements to the functioning of the Highway 55 / Douglas Drive and other key intersections within the corridor are critical to safer and improved movement for pedestrians, non-motorized and vehicular traffic in the corridor. 2. Enable the corridor to maintain a diverse mix of land uses, including residential, commercial and industrial. A mix of activities, uses and densities will help to sustain the corridor through changing economic cycles, consumer preferences and housing trends. Clustered and mixed ;~ses can create synergies, increase transit use and enhance the level of pedes,tri~mlactivity. ; 1 '11111 } ~ :;,(:-';;:'_:1/ 3. Maximize integration rat~er tha~ separati.o~IW~I'~~~ts~.ses, where app.ropri~te. M~ny land uses ca~ benef~t from .,ncre.asedd\;~,t~g~at,orllttl1\m one .another, Inclu?lng neighborhood-serving retail, multl-famIIY~m~ij~enlor hOUSlijml,~fflces, and lOW-Impact services. Non-residential corridor usesf~~~liid be bufferedfll~fl!l" adjacent residential neighborhoods. il!'J' liTh fllill I ! L Afl !t.' 't 1111I1 I, 4. Maintain the corridor as an ~rt1ploymentq~n~en'lm~bS within thel~rridor help maintain Golden Valley's job~tmH~;~fing balance!rtnmi1e sustaining comMercial enterprises. Retaining 'living Wfl~e'!w~q~ should Bijim<priority. '1Ii!:; '"l;lIH'II>,fllllll!'f 5. Improve the visual.~~,.~erence alq; attraQti ;ltnesso~ll~le corridor. Improvements in st~eetsca~es, l~n"Rrrm:"~~ a~eas:1 n SP;i'JI~jyildin'fJ,Westhetics and. parklng/servlc~:m~flpS allfqijlntnbute t~" h'IW~"lfflltld visually appealing environment, wit~l~n increa~~f sense,!!' tity. Builtlihgs and other private improvements s~b~t~if~ake:~~Ritive coniti~;utions to the corridor and the broader public re~;~'iU!f~hile Pl..l~'I'RiliJ1~n~l{~,IiJ1,ents s;~~h1ld set the standard for private inve tllmUIIUHi, . ".-.-" ""'-,I:X:,,:t-! 0""8:.' , -:,."",.",.::.". 6. Fost,>,peighbO;~8~~'1"Re~m!~i~etail ~f~~iservices. Multimodallinks to commercial develo"~I~nt should b$HfirhancieW"i'i "ill;,. 'f!!. "IH 7. Foster sJ~~I~;~ble dev~l pment ~nd work to establish a balance between urban and na1~iff;l.1 syst, .1'. Encourage the application of green building and infrastructure te0~h'9u~t11 kamples include low-impact development that maintains the natural function~l~ilt" land; reduces stormwater runoff and fosters resource conservation and the'ftuJse of renewable systems in new construction. Goals and Objectives The current hodge-podge of land uses, minimal right-of-way (63 to 100 feet), sometimes minimal building setbacks from a high-traffic road, and the desirability of buffering residential uses from the high volume of traffic make the corridor an ideal candidate for broader redevelopment. Some goals of the redevelopment would be to provide for additional right-of-way, consolidate corridor land uses and the number of access points onto Douglas Drive. There are existing impediments in the right-of-way (electrical poles, fire hydrants, utility boxes, railroad crossings, etc.) that complicate the infrastructure 2 . . needs for the area and impede pedestrian and bike access which could also be addressed through redevelopment. To achieve its mission of structured redevelopment, this Plan has identified six goals with related objectives to encourage cohesive planning and structured redevelopment within the corridor. It then outlines policies that will help to achieve the goals and objectives. Goal 1 - Create jobs and life-cycle housing. Objectives · Increased high-paying jobs · Housing stock is maintained or improved · Higher Density Housing · Housing for seniors and young families · Affordable housing · Commercial uses that serve the commYnlit~ Goal 2 - Require design that is sustainal)l~~ind aest~~tically Goal 5 - Protect the Environment. Objectives · Wetlands that are protected and enhanced · Land free of soil and wetland contamination · Arborous environments · Natural features retained and native vegetation (re)established 3 . · Co-located uses that reduce the amount of auto travel and corresponding air pollution · Best shoreline management practices implemented along Bassett Creek Goal 6 - Maintain a Regional Framework. Objectives . · Growth compatible with the Metropolitan Council development framework · Public infrastructure designed in cooperation with Hennepin County, Three Rivers Park District, and the Minnesota Department of Transportation · Participation in grant programs available through County, the Metropolitan Council and other agencies · A positive relationship with surrounding · Continued participation in cooperative traffic · Improved transit options governmental agencies strategies Policies land Use The City will study planned land uses to parcel or area-wide desired land uses. of individual and building regulations are compatible with to consider their long term developments and increased density where Council's regional growth strategy. Financing The City and increment financing, Development Block to target redevelopment funds such as tax ents, Livable Communities and Community The City and HRA will consider providing public assistance to redevelopment projects that serve a substantial public purpose, remove blight, or mitigate contamination. The City and HRA will consider using land write-downs to subsidize redevelopment projects. . Redevelopment funding will be paired with other funding options such as assessments, based on the Golden Valley Special Assessment Policy. 4 . The City will cansider franchise fees and utility surcharges to' underwrite the cast af utility and infrastructure upgrades. Design and Environmental Standards The City will promate best practices to' meet the highest environmental standards. The City and HRA will identify approaches and/ar incentives to' promate a carridar beautificatian program. This pragram will include bath public and private campanents. The City will manitar angaing research an sustainable dev~lapment initiatives to' guide redevelapment and future updates af this plan. ,'ill!lh Transportation ,,;::Hd!I'j1liJ:, The City will wark with Metrapalitan Transit to' I]?hll~r tran, , rtatian needs af area residents and warkers and identify ways tai,7ilRn~ve transp ,'R~ services. including improving transit routes, and warking withjmrm~i'Dusinesses tamHR!?p transpartatian management plans. Hi;l, 'hl!li 'll,II~.lli1' .... "!lilll!tll.IL }:: :: -f ;r? ,,3?~:; t r ;_ ;, - .1 ': : ' ~. ] t The City will wark with Hennepin y~unty, the St~'R..?~lmi,~Jnesata and 'g~~rl agencies to' ~~~~~:;:s~eek funding far PUblii~!~~J~!ij:~y impra~~m~nts that meet city!lcaunty and !'llIi "'llti'lliHI, -- '"\::;. . ~~~~~-~~O~~~i~\;;m~~~eef~;,II~RP.t~ ~):~~I~~.~~~~rom Medicine Lake Raad an the narth,ta Trunk Highway 55 anthel~puth:U'~til that study is campleted the Dauglas Drive Rede\(eJppment ~~ea will ihallJde the Dauglas Drive street right-af-way and parcels an the eastl~ipe aqfl~ street frarnDuluth St. to' the Unian Pacific railraad right-af-w~}!Jp t~~ sauth..ITh~~J$an ~r~a witho,?pedestrian infrastructure and is centerepL~n .a.sigplitiM~nt areaHqf multifa:mily hab$ing. ,; j., :'11'1'1" Ii, The fJii1rl)auglas Drive' Re~~velopment Area is identified an Map A. The area is divided into' three$bbsectians, ba~~~ an lalll;<;{:4se. 'c" ":! i Area A-1 ' ,: ' Area A-1 extends'from Dulut ' guided Cammerciara;~q Off gas statians and a multi:te,n :treet sauth to' the Canadian Pacific Railroad and is · It has three parcels, with the fallawing land uses: two' t affice. l1} Area A-2 Area A-2 extends from the Canadian Pacific Railraad sauth to' Galden Valley Raad. It is guided High Density Residential and Railraad right-af-Way. Existing land uses range fram single family, duplex, and triplex units to' three- to' five- stary rental apartment and candaminium buildings. There are currently XXX units af hausing in this area. Six parcels in the area sauth af Bassett Creek and narth af Galden Valley Raad are under aptian far develapment as seniar hausing. Two' faur-stary buildings are propased, ane with 74 units af seniar caaperative hausing and a secand with 95 units af seniar . 5 . . . independent and assisted living units. If this project goes forward, the number of housing units in Area A-2 would increase to XXX. Area A-3 Area A-3 extends from Golden Valley Road south to the Union Pacific Railroad/Luce Line Trail. It has only one parcel which is guided Industrial. It has a Center Point Energy peaking plant and maintenance center. Common features for all of the areas include no sidewalk and electrical poles and overhead lines that would impede the development of There is pedestrian access on intersecting east-west roads including Duluth St. and Golden Valley Road and the new Luce Line Trail along the right-of-way. 6 / ,~ LllacPMd M>%l&~wjh ArdMS' C~ttl!;c.} lOQlSQSallS, ~ , MapA Douglas Drive Redevelopment Area . . 't~ "I ij 11..-. 1 :', n . . . Summary of Douglas Drive Tax-Increment Financing Plan The following are the basic principles to covered in the proposed Douglas Drive Tax- Increment Financing Plan. 1. Redevelopment District is proposed. o Blight requirements are documented. o District can extend up to 25 years after the first TIF payment. 2. Funds are to be paid out as received (pay-as-you-go). The use of funds would be: o Land write-down - reimbursement for extraordinary land costs paid by developer o HRA Administration and Infrastructure (10 and 9 % respectively) . 3. Infrastructure needs still need to be identified. There are no immediate plans for the expenditure of the Infrastructure funds. The goal is to have seed money to supplement other funds the City will seek through grants, assessments or franchise fees. At this time staff perceives that the highest priority would be for pedestrian improvements. However the Council will establish its priorities through the Douglas Drive Corridor Study and in the end, expenditures for infrastructure may be guided by the availability of funding from other sources. . 10-14-08