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08-11-15 HRA Special Workshop Agenda AGENDA Special Workshop Meeting of the Housing and Redevelopment Authority Golden Valley City Hall 7800 Golden Valley Road Council Conference Room August 11, 2015 6 pm Pages 1. Roll Call 2. The Three•Nine•Four Apartments 1 3. Adjournment This document is available in alternate formats upon a 72-hour request. Please call 763-593-8006 (TTY: 763-593-3968) to make a request. Examples of alternate formats may include large print, electronic, Braille, audiocassette, etc. C`l��r L7� YF.� �� ��� 1 �1 Housin and Redevelo ment Authorit Vc�. �'� - - g - - p Y 763 593 8002/763 593 8109(fax) Executive Summary Golden Valley Housing and Redevelopment Authority Special Workshop August 11, 2015 Agenda Item 2. Update on The Three•Nine•Four Apartments Prepared By Jason Zimmerman, Planning Manager Summary In December of 2012, the City Council approved the Preliminary PUD Plan for The Three•Nine•Four Apartments which consisted of a multi-family building with 308 units and a senior building with 118 units. The project was proposed for two parcels in the northwest quadrant of the Highway 100/I-394 interchange and partially involved a transfer of land from MnDOT to the HRA and subsequently to the developer. The Final PUD Plan was approved in December of 2013 for a multi-family building with 303 units and a senior building with 107 units. A lawsuit brought against the Housing and Redevelopment Authority (HRA) and the developer by a neighboring property owner resulted in a pause in the entitlement process prior to approval of the Final Plat, the PUD Permit, and the Development Agreement. Resolution of the lawsuit in favor of the HRA and the developer occurred in early July of 2015. The developer now intends to resume the entitlement process, receive approval of the outstanding items, and move towards construction as soon as possible. Due to the delay in the process, the HRA agreement regarding the sale of the property to the applicant, first approved in April of 2012, must be updated. Staff anticipates bringing this revised agreement to the HRA at a special meeting on August 18. Consideration of the other outstanding items is anticipated at the regular City Council meeting scheduled for later that evening. Staff and the developer will provide additional visuals and information about the project at the meeting.