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04-18-88 agendaRICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY HRA Letter No. 18 Agenda April 18, 1988 Issue Statement: Report on status of proposed Landmark Centre redevelopment proposal. ®ackground• At the February 1988 meeting, the HRA requested a status report for Landmark Centre at each meeting. Last month a timetable was presented (see attached copy). For the April meeting, the developer will give an oral report on the status of the development. Decision Mode: The HRA should consider the report by the developer and determine if satisfactory progress is being made. Respectfully submitted, Jamb i~D . Prosser Ex~cutive Director JDP/eja -} . sy T.R2dDNAR1C CENTER pROPOBED TIISE BC'HEDULE C02~PLET I ON SECURE PURCHASE OPTIONS OF HO?~S REVIEW VFiI RELOCATION ALTERNATIVES CONDUCT ?IARICET ANALYSIS SECURE PURCHASE OPTIONS OF COI4iERCIAL SITES PRE-LEASING INQUIRES SECURE PURCHASE OPTION OF VFV UPDATE DEVELOP?iENT CONCEPT AND PLANS CONDUCT TRAFFIC STUDY SUBIiZT AND RECEIVE HRA APPROVAL NEGOTIATE AND OBTAIN DEVELOP?~NT/TIF ecREEr~NT VACATE STREETS A EASEl~NTS/R.EZONE/ETC. OBTAIN FINANCING COlQIITIUrNT PRE-LEASING COIiPLETE DRAVINCS PURCHASE VFV PURCHASE HOBS i SUSZRESS PROPERTIES DEKOLISH~EZISTING DUILDINGS RELOCATE UTILI?IES EZD/AVARD CONSTRUCTZON CONTRAC?S COl~NCE fUILDING CONSTRUCTION LEASING 3/1/88 S PEERS 4/1/88 3/1/88 6 QEERS 4/8/88 3/14/88 6 QEERS 4/22/88 3/14/8 8 6 VEERS 4/22/88 3/14/88 ONGOING 4/11/88 10 VEERS 6/17/88 5/2/88 10 VEERS 7/8/88 5/30/88 6 PEERS 7/8/88 7/8/88 2 VEERS 7/18/88 7/18/68 8 VEEY.S 4/9/88 8/8/88 8 PEERS 9/30/88 10/3/88 8 VEERS 12/2/88 7/11/88 OpGOZNG ---- 9/12/88 10 VEERS 11/18/88 12/5/88 ---- ____ 12/5/88 ---- ____ 4/24/89 6 VEERS 6/2/89 5/8/89 6 VEERS 6/16/89 2/20/89 6 VEERS 3/31/89 5/1/89 78 PEERS 11/2/90 5/1/89 ONGOING ____ 7 HOUSING AND REDEVELOPMENT AUTHORITY HRA Letter No. 17 Agenda March 21, 1988 Issue Statement: Review of developer's proposed time schedule for Landmark Centre. Background• At the meeting on February 16, 1988, the HRA authorized the newly formed members of the Landmark Centre Partnership (Stuart and Tushie) to proceed with staff toward the goal of negotiating a developers agreement and initiating the construction of the proposed development. The HRA indicated, however, that they wanted to receive a report at each monthly meeting on progress toward those goals. On March 3, 1988 the developers and staff met to discuss the appropriate way to proceed. It was concluded that staff and developers would meet at least once a month. This is especially appropriate during the early months because the developer is responsible for many of the activities. Also, the developer agreed to prepare a time schedule for presentation to staff and the HRA. Recommendation: Review and comment upon the proposed time table and refer it to staff for further analysis and possible refinement. A time schedule incorporating HRA responsibilities with the proposed schedule would then be provided the HRA. Basis of Recommendation: The HRA needs to have an understanding of the time estimates the developer is projecting and to be comfortable with those projections. Staff also needs an opportunity to review the schedule with the developer and to review time estimates for activities for which they are responsible. Alternative Recommendation: 1) Reject the time table. Decision Mode: A timely response will facilitate the redevelopment process. Respectfully submitted, Jam D. Prosser Exe tive Director JDP:eja ^ ~ ~ Stuart Corporation 300 Shepazd Park Office Center ®. i 2177 Youngman Avenue St. Paul, Minnesota 551163048 ^ (612) 698-0302 j~~ March 11, 1488 Housing Redevelopment Authority ATTN: Iir. Jim Prosser City of Richfield 6700 Portland Avenue Richfield, MN 55423 RE: LANDISARK CENTER PROPOSAL LYNDALE AVENUE AND LAKE SHORE DRIVE Dear Jim: y_, Stuart Corporation and Tushie Montgomery & Assoc., Inc. (Landmark Center Partnership) extend their thanks to the City Staff and Housing Redevelopment Authority (HRA) for having been selected to redevelop the northwest corner of the Lyndale Avenue and Lake Shore Drive intersection in Richfield, MN. This project offers some exciting prospects to continue the revitalization of the Lyndale Avenue and 66th Street area. Attached you will find a proposed time schedule outlining the activities involved with completing the Landmark Center project. The first steps include securing the necessary purchase options on all the affected landowners located within the project area.. Concurrently, a formal market analysis will be conducted along with independent pre-leasing inquiries, all in an effort to confirm the most accurate picture of the market needs. Also, we will assist the VFW in locating a site to build their new facility on. Following the review of market conditions as revealed in the proposed market analysis, Stuart Corporation will integrate any appropriate adjustments to the original project scope and drawings.. We propose the HRA review the resulting final proposal and, if in favor, recommend approval to consummate a development agreement and begin the processes for all associated city approvals. Based on the support of the city and our ability to resolve the purchase of required land parcels and vacation of each business or resident., we hope. to begin construction in the summer of 1989 with building completion and occupancy in the fall of 1990 ~~°~. Mr. Jim Prosser March 11, 1988 Page Two Following your review of the proposed time schedule, we look forward to hearing your comments. Please call me at 698-0302 if you have any questions or comments. Sincerely, STUART CORPORATION ~` Mark Houge Commercial Real Estate Director MH: jk cc: Bruce Palmborg Gary Tushie Byron J. Wallace ~~~ LANDMARK CENTER PROPOSED TIME SCHEDIILE TAR DURATION COMPLETION SECURE PURCHASE OPTIONS OF HOMES 3/1/88 5 WEEKS 4/1/88 REVIEW VFW RELOCATION ALTERNATIVES 3/1/88 6 WEEKS 4/8/88 CONDUCT MARKET ANALYSIS 3/14/88 b WEEKS 4/22/88 SECURE PURCHASE OPTIONS OF COMMERCIAL 3/14/88 b WEEKS 4/22/88 SITES PRE-LEASING INQUIRES 3/14/88 ONGOING ____ SECURE PURCHASE OPTION OF VFW 4/11/88 10 WEEKS 6/17/88 UPDATE DEVELOPMENT CONCEPT AND PLANS 5/2/88 10 WEEKS 7/8/88 CONDUCT TRAFFIC STUDY 5/30/88 b WEEKS 7/8/88 SUBMIT AND RECEIVE HRA APPROVAL 7/8/88 2 WEEKS 7/28/88 NEGOTIATE AND OBTAIN DEVELOPMENT/TIF 7/18/88 8 WEEKS 9/9/88. AGREEMENT VACATE STREETS ~ EASEMENTS/REZONE/ETC. 8/8/88 8 WEEKS 9/30/88 OBTAIN FINANCING COMMITMENT 10/3/88 8 WEEKS 12/2/88 PRE-LEASING 7/11/88 ONGOING ____ COMPLETE DRAWINGS 9/12/88 10 WEEKS 11/18/88 PURCHASE VFW 12/5/88 ---- ____ PURCHASE HOMES ~ BUSINESS PROPERTIES 1Z/5/88 ---- ____ DEMOLISH E%ISTING BUILDINGS 4/24/89 6 WEEKS 6/2/89 RELOCATE UTILITIES 5/8/89 6 WEEKS 6/16/89 BID/AWARD CONSTRUCTION CONTRACTS 2/20/89 6 WEEKS .3/31/89 COMMENCE BIIILDING CONSTRUCTION 5/1/89 78 VEERS 11/2/90 LEASING 5/1/89 ONGOING ____ _- ~' HOUSING AND REDEVELOPMENT AUTHORITY HRA Letter No. 16 Agenda March 21, 1988 Issue Statement: Authorization to extend Vo-Tech contract completion and payment dates for property at 6514 Irving. Background• On August 17, 1987, the HRA authorized contracts with South Hennepin Vocational Technical Center (Vo-Tech) to initiate two projects for 1987-88. A rehabilitation project was authorized for 6514 Irving Avenue and a new construction project was authorized for 6632 Fifth Avenue. While the Fifth Avenue project is progressing on schedule, delays in relocating a structure for rehabilitation at 6514 Irving Avenue have altered the construction schedule for this project. This letter requests that the contracts be modified to extend the project completion and payment dates for the Irving project. Relocation of the structure for rehabilitation was anticipated to occur in early October, 1987. Difficulties encountered in safely and successfully moving the 1- 1/2 story structure past utility lines, combined with delays on the part of the moving contractor, postponed the house move until February 23, 1988. Due to the delay, the Vo-Tech is unable to meet the rehabilitation project completion date of August 1, 1988. The Vo-Tech has submitted a revised construction schedule to facilitate timely completion of the project. The present and proposed completion dates are as follows: Present Proposed Completion Date Completion Date August 1, 1988 November 30, 1988 A change in the completion date will also affect the date of final payment for the contracted work. The present and proposed dates of payment are as follows: Present Proposed Payment Date Payment Date August 31, 1988 December 31, 1988 The new construction project authorized for Fifth Avenue will be completed by November 1, 1988. ~~-~ Staff anticipates marketing both homes starting in June, 1988. Vo-Tech is confident in their ability to meet the revised schedule. (Vo-Tech is also confident that another new home can be started on campus in the fall, 1988, and a new remodeling project can occur in the spring, 1989. Lots at 619 East 70th Street and 6840 Humboldt have already been purchased). Recommendation: Adopt the attached 1. A change in the to November 30, 2. A change in the to December 31, resolution authorizing: completion date for the Irving Ave. project 1988. payment date of the Irving Ave. project 1988. Basis for Recommendation: 1. Delays in the house move were beyond the control of Vo-Tech and the HRA. 2. Revised construction schedules facilitate completion of the project in a timely manner. 3. It is important that contract modifications be made now to allow Vo-Tech to schedule curriculum activities in accordance with the revised dates. Alternative Recommendlation: Do not authorize contract modification. However, the Vo-Tech does not have the capacity to complete the project within the original timeframe. Thus, the use of private contractors would be required to complete construction. This would increase total project costs and consume considerable time to switch from Vo- Tech to a private contractor. Decision Mode: Contract changes, if acceptable to the HRA, will then be referred to the school district for final action. Respectfully submitted, Ja D. Prosser Ex utive Director JDP:eja ~~ HRA RESOLUTION Resolution For Amending Vo-Tech Construction Agreements WHEREAS, the Housing and Redevelopment authority (HRA) in and for the City of Richfield has entered into a contract with South Hennepin Vocational Technical Centers (Vo-Tech); and WHEREAS, a rehabilitation project was authorized for 6514 Irving Avenue South; and WHEREAS, the HRA has determined that it is appropriate to amend the construction agreement as it relates to the date of completion and payment of work. NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota: That the Chairperson and Executive Director are authorized to execute contract amendments which: 1. Change the completion date for the Irving Ave. project; to November 30, 1988. 2. Change the payment date for the Irving Ave. project; to December 31, 1988. Passed by the Housing and Redevelopment Authority in and for the City of Richfield, this 21st day of March, 1988. Thomas E. Harms, Chairperson ATTEST: Joan Helmberger, Secretary ~r~ HOUSING AND REDEVELOPMENT AUTHORITY HRA Letter No. 15 Agenda March 21, 1988 Issue Statement: Discussion of Local Strategy on Aging Task Force Recommendations. Back round- In December, 1987, the Local Strategy On Aging Task Force completed a report entitled "Making Richfield Work For The Elderly". The report is presently being distributed to the HRA and Planning Commission. Earlier in March, the City Council and Human Services Commission had an opportunity to review and discuss the report. It has also been referred to the South Hennepin Human Services Commission. The report provides a summary of Task Force experiences since 1985, presents housing and service recommendations, and suggests priorities for action. Commissioners Luettinger and Ludeman were members of the task force. This letter provides historical perspective. A presentation at the March 21 HRA meeting will bring commissioners up to date. Long term care issues are a national problem facing many cities. It is not surprising to learn that. by the year 2000, Richfield households, aged 75 or more, are projected to increase 146 percent and over 20 percent of the Richfield population will be age 65 or older. The dilemma is to determine what Richfield should do to improve the existing housing and service system, eliminate gaps, and assist elderly and all residents in maintaining a quality of life. For Richfield, the project started on May 20, 1985, with a presentation to the HRA and Human Services Commission by Mrs. Barbara Lukerman and the University of Minnesota Humphrey Institute graduate students. The City Council and Planning Commission also attended this meeting. The presentation of "A Local Strategy On Aging-Richfield's Opportunities" and the brainstorming that followed initiated these events: -The City Council established a Task Force with two representatives from each of the following: City Council, HRA, Planning Commission, and Human Services Commission. -The Task Force began to meet regularly in January, 1986, finalized a work plan in March, 1986, and met almost monthly until the end of 1987. ~~1 The purpose of the Task Force has been to: -understand the problems. -identify alternatives, directions, opportunities, and strategies. -determine what are the desirable objectives of the city concerning Richfield elderly and the housing and service system. -make recommendations to the City Council, Housing and Redevelopment Authority, Planning Commission, and Human Services Commission. As was quickly discovered, the comprehensive demographic information contained in the Lukerman study was only a portion of the wealth of information that has been generated concerning aging and long term care. Five studies since 1982 provided direct information about Richfield and the southern Hennepin County area. The resource for this material included the Metropolitan Council, Humphrey Institute, Hennepin County (both Community Services and the Regional Park District), and South Hennepin Human Services. This .initial resource of information identified existing programs, the housing and service gaps in long term care, and possible directions and strategies. The need for a larger community role in assessment and service coordination was one message that was often repeated. The Task Force took this information as their foundation and proceeded to meet with government officials, service providers, consumers, and other professionals that come into contact with Richfield programs and elderly. With all of these resources, and assistance from staff, members have been able to present their observations and discoveries in the form of the report. Some of the most valuable observations to the project and report, to date, include: -the ability of policy makers representing diverse interests to collectively recognize the important housing and service concerns. -that Richfield is a great place to grow old, and many intend to. -in-home service is an increasingly critical component of the long term care system. Information and referral, transportation, in-home care, and case management are elements of this component. -affordable housing alternatives for fixed income/lower income elderly is an ever present need. ~~~ Decision Mode: The Council has referred the report to staff for further review and discussion. Observations and discussion by each commission is also being recorded to provide further. input. Respectfully submitted, Jame D. Prosser Exec tive Director JDP:eja