041415CC-HRA ws complete agenda r
SPECIAL CONCURRENT CITY COUNCIL AND HOUSING AND REDEVELOPMENT
AUTHORITY WORKSESSION
RICHFIELD MUNICIPAL CENTER, BARTHOLOMEW ROOM
APRIL 14, 2015
5:30 PM
Call to order
1. Discussion regarding Cedar Point Housing Area Proposals. (Council Memo No. 24/HRA Memo
No. 13)
Adjournment
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CITY OF RICHFIELD, MINNESOTA
Office of City Manager
April 9, 2015
Council Memorandum No. 24 HRA Memorandum No.13
Housing and Redevelopment
The Honorable Mayor Authority Commissioners
and City of Richfield
Members of the City Council
Subject: Cedar Point Housing Area Proposals
Council Members and Commissioners:
At the April 14, 2015 City Council and Housing and Redevelopment Authority (HRA)
worksession, six development teams will be presenting preliminary proposals for the
development of the Cedar Point Housing redevelopment area. The following chart
provides a summary overview of the proposals to be presented in the following order
(corresponding to the order in which site plans for the specific project area were
submitted):
Developer Team Housing Type Number of Units
Kristi Olson -Market-rate Ownership
Gary Tushie Townhomes 26 units
-Assisted Living 80 units
-Memory Care 60 units
Anderson Companies -Market-rate non-age-
Kent Carlson restricted rental apartments 144 units
Steve Schwanke -Market-rate non-age-
restricted rental brownstones - 99 units
Mesaba Capital - Market-rate non-age-
Della Kolpin, Bo Nickoloff restricted rental 180 units
David Dye -Assisted Living 80 units
-Memory Care 40 units
Pablo Murillo -Market-rate non-age-restricted
Kathleen Loucks rental apartments 237 units
Michael Moline -Affordable non-age-restricted
rental apartments 60 units
Sperry Van Ness/Northco, -Tentatively 80% Market Rate
Theresa Carr, Boisclair and 20% Affordable non-age- Undetermined
Corporation restricted rental apartments
Sand Companies -Market-rate non-age-restricted
Megan Sand Carr rental apartments 170 units
The project area is a two-block area bounded by 63rd Street to the north, 65th Street to
the south, Richfield Parkway to the east, and 16th Avenue to the west (see attached
map). The area consists of approximately 6.9 acres and is currently occupied by 14
single-family houses fronting 16th Avenue. The City and HRA have acquired and
demolished 14 properties fronting Richfield Parkway and one property fronting 16th
Avenue. The HRA has purchase agreements for two additional houses fronting 16th
Avenue.
The project area is zoned MR-3, high density multi-family residential which allows for a
minimum of 24 units per acre.
A senior housing market study completed by Maxfield Research, Inc., on the HRA's
behalf in January of 2014 indicated a demand for:
• 66 Market-rate Senior Ownership Units
• 168 Market-rate Senior Rental Units
• 224 Assisted Living Units
• 206 Memory Care Units
Maxfield Research also conducted a rental housing study on the HRA's behalf earlier
this year. That study indicated a demand for:
• 262 Market Rate Non-age-restricted rental units
• 53 Affordable non-age-restricted rental units
Given the number of proposals to be presented and the limited time available for the
worksession, the development teams have been asked to keep their presentations to
10-12 minutes or less.
The goal of the worksession is to provide an introductory overview of the proposed
projects and to garner feedback from the policy-makers as to which proposals should
move forward. It is anticipated that selected proposals would be refined and presented
at a future Council/HRA worksession (tentatively scheduled for May 12, 2015).
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City Manager
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Attachment
Email: Department Directors
Assistant City Manager
Cedar Point II Housing Redevelopment
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Cedar Point II Housing Redevelopment
Richfield City Limit
Future Richfield Parkway (2014)