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05-19-86 agenda3-~ HOUSING AND REDEVELOPMENT AUTHORITY Office of Executive Director HRA Letter No. 14 Agenda May 19, 1986 Housing and Redevelopment Authority Commissioners City of Richfield Subject Authorization To Execute a Contract With South Hennepin Vocational Technical School (Vo-Tech) For 1986-87 Project Dear Commissioners: South Hennepin Vocational Technical Center (Vo-Tech) has requested that the HRA again participate in a housing project for the school year 1986/87. This would be the eighth project between the two organizations since 1977. This letter describes past actions taken by the HRA and staff in preparation for this project, summarizes the contract with Vo-Tech, and requests execution of the contract by the HRA. On September 17, 1984 the HRA authorized staff to acquire the property located at 6820-12th Avenue through the Voluntary Acquisition Program. The property was acquired with $39,000 in CDBG Year X (1984-85) funds. The intent of the acquisition was to use the site for a future Vo-Tech project. The existing structure at the time of acquisition was small, had no bedroom, and was substandard as to the mechanical, plumbing, and electrical system. Rehabilitation was determined to be impractical. Following acquisition, the structure was demolished and the site cleared of nuisance trees. However, the original garage and driveway were retained for use in a new project. Redevelopment and housing activities, a reliable source for structures in the past, could not provide an appropriate structure to relocate and rehabilitate for the 12th Avenue project. It was necessary to look elsewhere. A structure located at 3340-26th Avenue South, Minneapolis, was available to be purchased from the State of Minnesota Department of Transportation (MNDOT). MNDOT needed to have the structure removed for a future right-of-way project by June 25, 1986. The structure was offered by the State under a competitive bidding process. MNDOT would acce~t either a high bid or $1,500 for the structure. CDBG funds were budgeted by the HRA to secure a structure by direct purchase or competitive bidding. The HRA was awarded the structure with a high bid of $1,360. The competing bids were $1,026 and $1,258. The structure, a three bedroom, one-story rambler, is structurally in very sound condition but requires extensive interior remodeling to return it 3'y to a livable condition. A picture of the house accompanies this letter. Richfield's inspection division has evaluated the dwelling and will authorize the move. The rehabilitation work will include: -relocating the structure from 3340-26th Ave. So. to 6820-12th Avenue -modifying the rambler to become a 1-1/2 story split entry home -new heating system -new electrical wiring and service -new plumbing system and fixtures -all new sheetrock walls and ceilings -all new floor coverings -new oak trim -new doors and windows -new siding -new roof covering -renovating the existing one stall garage located at 6820-12th Avenue It is expected that the rehabilitation project will commence soon after HRA contract approval and be completed in the summer of 1987. The house would be sold to a family of three to six members having a moderate income (as determined by Section 8 income limits) of between $24,000 and $30,950. The Planning Commission made a finding that disposition of the property as a single family dwelling would be in conformance with the Comprehensive Plan. The amount of the Vo-Tech contract for relocation and rehabilitation of the structure to become a three bedroom, two bathroom home is not to exceed $49,850. The major elements of the contract include: -A maximum cost of $49,850.00, (actual costs could be less, as demonstrated by receipt), for all work performed under the direction of Vo-Tech and the HRA paying Vo-Tech after the property is sold, or by August 31, 1987; -A work completion deadline on or before July 1, 1987; -Supervision of labor and insurance coverage to be the responsibility of Vo-Tech. -A provision requiring Vo-Tech to be responsible for a one- year warranty for defects caused by faulty workmanship or defective materials, a two-year warranty on installation of plumbing, electrical, heating and cooling systems, and a ten-year warranty on structural defects. (This warranty is required by state law). -An addendum to the contract, specifying Vo-Tech's responsibilities for house moving that ensures the house is moved prior to June 25, 1986 from the City of Minneapolis, all permits have been secured, and that all Richfield city departments are notified far enough in advance of the move to minimize disruptions to area residents. 33 The rehabilitated house will be a split-entry design. A copy of the survey, floor plans, and building elevations accompany this letter. The lot at 6820-12th is 60 ft. wide and will accommodate the relocated structure without a variance. Although the completed value of the home has not yet been determined by independent appraisal, staff estimates that the value should be in the $75,000 to $85,000 range. As in previous projects, the initial purchase price would more closely approximate $60,000 and a second lien would be used to recover the difference. While FHA and Conventional mortgage rates have been favorable lately, it is anticipated that a reduced interest rate mortgage would be secured from the Minnesota Housing Finance Agency in the Spring, 1987. There are three other Vo-Tech units in various stages of completion: 920 W. 66th St.: within the Rae Drive/66th Street project area now under construction; the buyer has been qualified, is presently renting the unit from the HRA, and a closing date is going to be arranged pending authorization to proceed from MHFA. 924 W. 66th St.: within the Rae Drive/66th Street project area now under construction; the original buyer that was approved by the HRA chose not to purchase and has moved out of the unit which was being rented. The unit is vacant and has been readied for a new purchaser. The marketing is occurring now. The hearing for a sale will be scheduled for the July HRA meeting. 7245 Humboldt: construction (interior and exterior finishing) and landscaping will occur in June. A family has been identified to purchase. The HRA will be scheduled to authorize the sale at the June meeting, following a public hearing. It is recommended that the HRA adopt the attached resolution authorizing the execution of the Vo-Tech contract by the Chairman and Acting Executive Director for the 6820-12th Avenue project as described. Res tfully ubm tted, ~~. e vi Acting Executive Dir ctor 3'~ HRA RESOLUTION N0. RESOLUTION AUTHORIZING THE EXECUTION OF A CONTRACT WITH SOUTH HENNEPIN VOCATIONAL-TECHNICAL CENTER. (VO-TECH) WHEREAS, the HRA acquired the real property at 6820-12 Avenue South, legally described as: The N. 1/2 of the E. 1/2 of Lot 3, Baumgartners First Addition; and WHEREAS, the HRA has purchased the structure at 3340-26th Avenue South, Minneapolis to be relocated to 6820-12th Avenue South and rehabilitated to become a 3 bedroom, 2 bathroom home; and WHEREAS, the contract price for the rehabilitation of the structure will not exceed $49,850 and an addendum to the contract will specify moving requirements that Vo-Tech will adhere to; and WHEREAS, following completion of the rehabilitation work, the property would be sold to a first homebuying moderate income family. NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority of Richfield, Minnesota: 1. That the HRA Chairman and Acting Executive Director are authorized to enter into a construction contract and an addendum related to moving requirements with Vo-Tech for an amount not to exceed $49,850.00 for the housing rehabilitation project to be completed at 6820-12th Avenue South. Passed by the Housing and Redevelopment Authority of Richfield, Minnesota this 19th day of May, 1986. Thomas E. Harms, Chairman Joan Helmberger, Secretary ~,5 3340-26th Ave. S. Hedlund Engineering Land Surveyors CIviI Engin~~rs Services Land Planners Surveyar~s G'ertlfuute 9201 East Bloomington Freeway 8bomington, Minrwsota 55420 Phone:.888-0289 /~ P~,~e ~4~ J08 N0. 6- ~`~ SURVEY FOR Richfield H.R.A. GESCR18E0 AS~ The N. '~ of the E. ~ of Lot 3, BAUMGARTNERS FIRST ADDITION, city o f Richfield, Hennepin County, Minnesota and reserving easements of record. TOP, OF FOUNDATION GARAGE FLOOR BASEMENT FLOOR SEWER SERVICE ELEV. PROPOSED ELEVATIONS EXISTING ELEVATIONS DRAINAGE DIRECTIONS DENOTES LOT CORNERS DENOTES OFFSET STAKE = I4S, t~ = 14 i. 8 O p • o 130. W w 0 (r1 r Z ~fl.S ,! 3o.s _ _~ S~rutJ~ t~ T * 1 37~ I~ v. 1 ~ ~ ~°RO/°OSEO 2 ~ N NOuSE ~ ~ a- ~ '~ b 30.5 ~ y ~ ~3 ~: 6Xi5T'. G f{S21~C~, N 1 ' N N gone. oQiYEw~ J •s 2 Z 1 r.. `u ., ... HEDGE Row 130'44 Exi5T1 N~ N_Q~~I* I¢4.a r~----_ 7xo"tir,,-.3o.s- y ~ h . T ~ ~/ ~ 5 I F-- O 142.7 ~ , V, W Z Mar.llolt~ i T°P'EI'=142.8 W ~ 14.0 N ~RTtFICATE OF SURVEY ~ I hsreby certify that on ,5 / 7 /,86 ,.I surveyed the property described above and that the above plot is o correct repre~lentotion of safd survey. Colvin H. Hedlund, Minn. Reg No. 5942 3,9 Z ~. .~ J 7 iu J = r i s~ N il~ 1 .. t ''. ,~I~{I ~ ~.~/. ~ ' ~i ~. ~' / d Z u Y ~. q, ` 1 S ' C yy .~. Y O ..- --- 8-- - - -$ 3-~ ~~ HOUSING AND REDEVELOPMENT AUTHORITY Office of Executive Director HRA Letter No. 13 Agenda May 19, 1986 Housing and Redevelopment Authority Commissioners City of Richfield Subject: Public Hearing on the LHN Land Use Plan Amendment ~~5 for Property at 64th Street and Lyndale Avenue, and Property At Graham and Lyndale Avenues Commissioners: The LHN Land Use Plan Amendment ~~5 was discussed by the HRA on March 17, 1986. The amendment proposes to modify the permitted land use at two sites within the LHN area. (See attached map). The first site is located at the southeast corner of the intersection of 64th Street and Lyndale Avenue. The property is owned by Mr. Oreck who recently renovated the existing commercial retail shopping center. A portion of Mr. Ahlquist's property which adjoins the Oreck property to the South is also included within the modification. Mr. Ahlquist has also renovated his property. The 1975 and 1979 LHN Land Use Plan Map identified this area for multifamily development. As noted in the March 17th letter, the dimensions of the property simply were not sufficient for a desirable apartment development. Thus, the modification for this site is a "housekeeping" item. The modification amends the land use from multifamily to commercial. The second site is bisected by Graham Avenue at its intersection with Lyndale Avenue. It is bordered on the north by Circle Place and on the south by Auto Lane. The amendment would modify the land use for this site from commercial to commercial and/or multifamily. Thus, commercial uses could continue on this site with or without housing or housing could be the only use. The Walker Methodist Residence and Health Services, Inc. together with E. J. Plesko have expressed interest in developing a rental housing project for the elderly on this site. Mr. Shaller and Mr. Trestman owners of Big Wheel and Trestman Music, respectively which are located on this site, have proposed the expansion and renovation of the commercial use (The HRA also owns three lots which are a part of this development site). Another agenda item for the May 19th meeting relates to the selection of one of the two development proposals for this property. ~,v It is recommended that the HRA hold the public hearing, evaluate the testimony and approve the attached resolution. Respe fully s it ed, ~i~ tev L. Devic Acting Executive Director ~-3 Due to the lengthy amendment process, it was appropriate to initiate the modification to the land use plan in March. Three bodies must act on it, the HRA, Planning Commission and City Council. Thus, on March 17, 1986, the HRA referred the LHN Land Use Plan Amendment Number 5 to the Planning Commission. The Planning Commission was requested to make a finding as to the conformance of the amendment with the Comprehensive Plan. On April 22, 1986, the Planning Commission held a public meeting at which the request was considered. Over 1,100 notices regarding the consideration of this item by the Planning Commission were mailed. The notice recipients, both owners and tenants of commercial and residential property within the LHN and within 350 feet of the LHN boundary were invited to the meeting. By a vote of 9-0 the Planning Commission agreed to support amending the LHN Plan from multifamily to commercial for the property lying between 64th and 65th Streets adjacent to the east side of Lyndale Avenue (6401 to 6453 Lyndale Avenue South), and to amend the City's Comprehensive Plan land use designation to be consistent with the amendment to the LHN Plan. By a vote of 8-l, the Planning Commission agreed to amend the LHN Plan changing the land use from commercial to multi- family and/or commercial for the property lying between Circle Place and Auto Lane adjacent to the west side of Lyndale Avenue, also included is the Graham Avenue right-of-way, the adjoining Circle Place right-of-way and the right-of-way adjoining Lot 5, Block 3, Fairwood Shore Addition on the west, and, to amend the City's Comprehensive Plan land use designation for the subject property be consistent with the LHN Plan. The next step in the Land Use Plan Amendment process is for the HRA to hold a public hearing and take formal action on the proposal. Notice of the HRA Public Hearing was published on May 13, 1986 in the Richfield Sun Current. An invitation was extended to over 1,100 residents and business tenants and owners within the LHN and within 350 feet of the LHN project boundary area on April 28, 1986. Also, a verbal invitation was made at the public meeting held Wednesday, May 7, 1986 at City Hall when the two development proposals were presented for discussion by the public. If the HRA adopts the attached resolution, it would be presented to the City Council with a request for them to schedule a public hearing and approve the Amendment. ~~ RESOLUTION N0. RESOLUTION OF THE HOUSING AND REDEVELOPMENT AUTHORITY OF RICHFIELD,. MINNESOTA APPROVING MODIFICATION N0. 5 IN THE LYNDALE HUB NICOLLET COMMERCIAL IMPROVEMENT PROGRAM WHEREAS, the Housing and Redevelopment Authority of Richfield, Minnesota (HRA) did on October 15, 1975, approve a redevelopment plan for the Lyndale Hub Nicollet "Commercial Improvement program" (the "Plan"); and WHEREAS, the City Council of Richfield, Minnesota did on November 24, 1975, approve the Plan; and WHEREAS, the Plan has subsequently been amended including those amendments adopted in 1979; and WHEREAS, the Plan designated certain land uses for particular properties; and WHEREAS, it has been determined that the land use plan for certain properties should be changed to more appropriately reflect current conditions; and WHEREAS, Modification No. 5 is described in the attached Exhibit A and shown on the attached map-Exhibit B; and WHEREAS, Minnesota Statutes 462.356 requires the Planning Commission's finding as to the conformance of the proposed land use modification with the Comprehensive Plan. NOW, THEREFORE, BE IT RESOLVED by the Richfield Housing and Redevelopment Authority that: 1. The receipt of the findings of the Planning Commission with regards to the conformance of Modification No.S to the Comprehensive Plan is hereby acknowledged. 2. Modification No. 5 is hereby adopted and the Plan is changed to conform with said modification. 3. That the Acting Executive Director be, and hereby is authorized, as an agent of the Richfield Housing and Redevelopment Authority, to present the modification to the City Council for their consideration at a public hearing along with a request for its approval. 1-5 Passed by the Housing and Redevelopment Authority of the City of Richfield this 19th day of May, 1986. Thomas E. Harms, Chairman Joan Helmberger, Secretary a-b MODIFICATION N0. 5 THE LYNDALE-HUB-NICOLLET COMMERCIAL IMPROVEMENT PROGRAM EXHIBIT A "Amendments to the Lyndale-Hub-Nicollet Commercial Improvement Project", approved March 12, 1979 by the Housing and Redevelopment Authority, and, the City Council on March 26, 1979, is hereby modified as follows. The Land Use Map, page 31 is hereby modified for the following: The property lying between Circle Place and Auto Lane adjacent to the west side of Lyndale Avenue, known as Lots 1, 2, and 3, Block 2, Fairwood Shores Addition, and, Lots 1, 2, 3, 4, and 5, Block 3 Fairwood Shores Addition, also Graham Avenue, the adjoining Circle Place and the right-of-way adjoining. Lot 5 on the west from Commercial to Commercial and/or Multi-Family, and; The property lying between 64th and 65th Streets adjacent to the east side of Lyndale Avenue except Block 2, J. N. Hauser's Second Addition, from Multi-Family to Commercial. ~-~ -- ~ ~ ~ ~- --'1-35 _ \\ ~ ~~~ ~ ~ v- h ' i` ~ __ --~--i 11. . \ ~~ 'i 'I I J' ~ r-TT-T- i-0 I ~„~ ~, ~ ` a° ; l"/ i C i ~ ~ j 'I it N I I ~ r ',.:~ ~ I '=rye :' ;"~1~> ' Ip .+ P.•.•, ~~ -I ,; < -. ~ r-- M•RRI[T •Y[. ~ s ~ _~ ~ -- - ~--; -.,--.--rte I ~ ' ~ ~ I I ~ eR•MO •YC , I I ~ ' ~T I, i r I~ j , ' -i------: ~ I ~~ ~~~ ~ M[•YMT RYC I~' / g - _ ' ' ~~ ~ i=1 Z v ' I I i I I I {~,y~ II ' [ulsocu •vc '~ o m ~ -. ~ I ~: ; , ; „.f..,f.. ,,`~ - ~~ ;I W. iJ _ ~ I 7+R •YC 1 ~I x ~ # LYIVCIALE / HUB/ NICOLLET ~ ~ ! = ' COMMERCIAL 111/1PROVEMENT ~ '~ PROGRAIVa RICHlFIELO, MN ~T .T.T£TTTiX7 - - _- --- - ------ - - -------- -- - - - ~-N RA- CITY OF RICHFIELD, MINNESOTA Office of City Manager Council Letter No. 199 ~bFR~A Letter No. 12 Agenda May 19, 1986 The Honorable Mayor -and Members of the City Council City of Richfield Housing and Redevelopment Authority Commissioners City of Richfield Subject: Selection of Proposal for the Graham Avenue Development .Site, LHN Project City Council Members and Commissioners:. At the April 21, 1986 HRA meeting, two proposals were presented for the redevelopment of a site within the LHN adjacent to Lyndale Avenue between Circle Place and Auto Lane.. The site is now occupied by Trestman Music at 6630 Lyndale Avenue, Big Wheel/Rossi at 6700 Lyndale, three vacant parcels owned by the HRA and located at 709, 715, and 721 Graham Avenue,-and Graham Avenue and Circle Place right-of-ways. The site is approximately two acres in size and is depicted on the attached map. Description of Development Proposals One of the proposals is for a commercial use and the other proposal is for a residential use. The commercial concept envisions the vacation of Graham Avenue and the construction of an approximate 8,.000 S.F. one story commercial structure which would tie the Big Wheel and Trestman Music stores together. Through the use of building materials, the three structures would have a unified facade. Approximately 147 parking spaces would be located adjacent to Lyndale Avenue and at the rear of-the site. The owners of the two existing buildings, Mr. Shaller and Mr .. Trestman, would be the owners and developers. The housing concept envisions the construction of approximately 224 units of rental housing for the elderly in a high-rise structure of twelve floors with services and amenities to meet the needs of the tenants.. The owner/developer would be E. J. Plesko, and Walker Management, Inc. a division of Walker Methodist Residence and Health Services, Inc. would manage the development. In attendance at the April HRA meeting were members of several groups interested in the future of Richfield. These included the City Council, the Planning Commission, Human Services Commission and the Local Strategy on Aging Task Force. The Plesko-Walker team should present additional information before the evaluation can be completed. It was also deemed to be cc-d~-z appropriate that the Local Strategy on Aging Task Force .and Planning Commission would meet separately to evaluate the proposals and make a recommendation to the HRA. Finally, input - from the project area would be obtained by inviting people to a public meeting in early May. The balance of this letter discusses several topics.. The results of the meetings held during the week of May 5th, an evaluation by staff of the additional informatioh presented by the Plesko-Walker team as a result of the April 21 HRA meeting, some previously presented information which is still of concern, and finally, other considerations including a staff- recommendation designed to assist the HRA and City Council in selecting a development concept. Results of Meetings During the week of May 5, the Local Strategy on Aging Task Force and Planning Commission met to deliberate on the redevelopment of this site. A meeting for people within and adjoining the LHN was also held. The Task Force met the evening of May 5th at City Hall.. They support the development of housing on-this site provided the HRA is satisfied with the affordability of the units. Attached to this letter. is their written recommendation. Some of the. significant new data which the Task Force considered was an "Inventory of Richfield Area Retirement Housing".which is included with their report. It indicates that there is no market rate .retirement rental housing .development in Richfield at the present time. It also indicates. that the Plesko-Walker proposal in comparison to other retirement rental housing alternatives. either occupied. or under construction in adjoining municipalities would be the most affordable retirement rental housing opportunity .available to Richfield residents. On the evening of May 7th, approximately 150 people attended a meeting in the Council Chambers. The people responded to a letter mailed to over 1100 residential and business property owners and tenants. These people were located within the LHN project and within 350 feet of its boundary. The people. who expressed opinions fell into four categories: (1) Lake Shore Condominium residents (slightly less than one-half of those in the audience), (2) business. owners in the area, (3) VFW Post representatives and (4) other residents. The Lake Shore Drive people were most concerned about possible congestion related to traffic and the impairment of their views which they presently enjoy. The business representatives were primarily concerned about the 66th and Lyndale area losing its commercial image because of the loss of retail space, which would be the result of the development of additional housing. If that happened, they feared that fewer people would shop in the area. Mr. Sieff, owner of the S & M Company, of which Lyndale Hardware is a part, was concerned about his business being isolated. The isolation ce-~~,en-3 would result from the housing development, and in his opinion, would be detrimental to Lyndale Hardware's business. The VFW representatives expressed concern about their need for parking space for their proposed expanded facility. With the housing development, it would be more difficult, if not impossible for them to utilize a shared parking facility. However, with the commercial development., the sharing of parking facilities would be easier to accomplish. Some exploratory discussions between the VFW and Shaller-Trestman representatives on this parking question have already taken place.. Other residents of the area expressed concern about the impact of the apartment-proposal. .Most of those concerns were related to concerns previously identified above. In their opinion Richfield has not been, and should not become, a community of high rise buildings, increased traffic congestion and a community characterized by a demand for an increased level of public services. The Planning Commission met on May 8th at City Hall. Notice of the meeting was published in the Sun-Current and it was , announced at the May 7th public meeting. The audience was relatively small compared to the previous evenings' meeting. Some concerns first expressed on Wednesday, were again expressed at this meeting and were related to congestion,- density, and loss of commercial space. Two persons, Myrna Hammer, Chair of the Local Strategy on Aging Task Force and the Human. Services Commission presented the Task Force position in favor of housing An elderly man .who indicated he attended the meeting without prompting, expressed a desire for the rental apartments and that he understood the concept of utilizing the interest earnings from the investment of the sale proceeds from his home to help pay the monthly rent. The Commission on a 7-1 vote favored the commercial project.. Response to Concerns Raised At Meetings The concerns of persons participating in the meetings fell into three areas; (1) congestion, (2) land use relationships, (3) rents and marketability. With the housing development, congestion was perceived as a potential problem because of the traffic already carried by Lyndale Avenue and 66th Street. For some elderly people, it is uncomfortable to walk across either of these streets. The Plesko-Walker team was requested to retain a professional consultant to study the existing and future traffic volumes in the vicinity of 66th Street and Lyndale. Attached to this letter is a memorandum from the firm of Short-Elliott- Hendrickson, Inc. The report indicates that with the housing development, the daily traffic volumes would increase one to two percent. On the basis of this memo and being familiar with the area, staff has tentatively concluded that there is not, and will not be, a traffic problem if the housing project were to be constructed. A final conclusion could be reached by staff if the ee-~~a - y consultant would provide additional analysis related to the design capacity of the existing streets, existing .traffic volumes and projected volumes from Woodlake Point and Market Plaza and finally the service level which is likely to result when the capacity and volumes are related to one another. Plesko-Walker has been asked to provide additional information on this subject. As a part of the LHN redevelopment activities, the City undertook a right-of-way improvement project designed to reduce accidents, and congestion,-and to increase pedestrian safety. You may recall from the LHN evaluation report, prepared and presented by staff recently, that the number of motor vehicle accidents along 66th Street has decreased dramatically since the improvements were installed. This decrease has taken place in conjunction with an increase in the traffic volume. Within the past few days, staff reviewed traffic accident report data for 1984 and 1985 along 66th Street, including the intersection with. Lyndale, and Graham Avenues and Rae Drive.. During this period of time, there were no reported accidents involving motor vehicles and pedestrians. However, as a result of the concerns and apprehension of some elderly to walk across the streets, staff is of the opinion that Public Safety personnel and the management and occupants of the residences adjacent to 66th Street should work together in an attempt to overcome these concerns. Congestion was not perceived as a problem with the commercial proposal. Land use relationships broadly defined include building heights, density of units and population and the compatibility of commercial and residential land uses.. The commercial development even though it involves an expansion of approximately 8,000 square feet .would not result in any significant change from. the existing development in terms of the items above and it would make needed aesthetic improvements. It would strengthen the appeal of this area for shoppers. The housing proposal would add a 12 story building to the area,. result in a density of approximately 124 units per acre and a population increase estimated at approximately 291 persons. (The density of Woodlake Point approximates 105 dwelling units per acre if only the land controlled by the association is considered. The future population of the building is estimated at 204 persons). Existing commercial space of approximately 21,000 square feet would be lost plus the proposed 8,000 additional square feet of commercial space. If there is to be another tall residential building in the community this is the appropriate location. It takes the pressure off other areas of the community which have a single- family home character. The grouping of tall buildings at this location could help provide a focal point for Richfield. There is sufficient open space and low intensity development on adjoining property to mitigate the feeling that this is a highly urbanized area. With three structures located in close proximity ce-~1RA-s to one another, there may be a possibility of cooperative efforts among the building occupants in the future. The increase in population can also be accommodated by the existing public and private facilities in the area. Although the discretionary income of the residents may not be high, they would bring. increased sales to many of the nearby businesses.. The proposed housing project is designed .and sited in such a way as to minimize the impact on the Lake Shore Drive Condominium. It is located approximately 150 feet or one-half block .from the Lake Shore Drive building. The views from Lake Shore Drive to the north and south would not be blocked. Three windows per floor are located on .the east end of the building including a window for a bedroom, a window for a smaller bedroom or den and a window in the living/dining area. Each would have impaired views as a result of the Plesko-Walker building. The living room is the same room which has large patio doors with a view of the south toward Woodlake which would not be affected by the proposed structure. Regarding the diminution of the supply of commercial space, it is important to note that 63,000 square feet of net rentable commercial space is being added to the north side of 66th Street at Market Plaza. This would help to offset the loss of the. commercial property and-image south of Circle Place. The marketability of the developments is another concern.. The commercial proposal, being relatively small, should be relatively easy to market. However, it is appropriate to determine whether there is a need for more commercial space. At the present time there is a wide variety of commercial uses in the LHN area. A survey of commercial property owners or managers in the LHN during the last few days, revealed that there is" approximately 24,.349 vacant square feet of retail space now on the market. This includes space at Oreck Plaza, Richfield Shoppes and the Hub. The marketability of the residential development is more difficult to assess. The market study presented by Walker on April 21, resulted in a request that they reaggregate their data anal better identify the Richfield resident responses to the market survey and better demonstrate the marketability to Richfield residents. There are three attachments to this letter which relate to residential marketability. The Task Force report previously mentioned contains an analysis of the retirement housing available in Richfield and adjoining communities. One conclusion which could be drawn is that with rents proposed for the Plesko-Walker proposal being below the market rate rents of these nearby developments, the renting of the Plesko-Walker units would be facilitated. Another attachment is from Attorney David Sellergren of Larkin, Hoffman, Daly and Lindgren, Ltd. representing the ~c-NRA- 6 developers of Woodlake Point. His letter, and the attachment from Lee Maxfield,' take the position that the. elderly housing market is for ownership and rental is essentially the same. That is, elderly people do not show strong preference for ownership or rental housing. In this situation he asserts the condominium .market is now over built and with 57% of the Woodlake Point units sold the prospect of an additional 224 rental units would intensify the problem. (The letter also implies that the HRA may be in violation of the contract between the Woodlake Point developers and the HRA if this project is approved. HRA legal counsel does not agree with this implication). Plesko- Walker has taken a different- position. They feel the elderly market is segmented and that rental retirement units do not compete strongly with condominium retirement units. Staff does not feel that sufficient information has been presented to evaluate this issue. However, the data presented by Walker does indicate the presence of a market. .The attachment from Quality Decisions, Inc. represents a reformatting of the earlier gathered data which still must be analyzed. An analysis of the data will be presented by the Plesko-Walker development team on Monday along with other market data. Closely related to marketability is the rent to be charged for the units. Attached to this letter is a memo from Plesko- Walker .regarding the rent range for the apartments. They have proposed a range from $500 to $1150 per month including services. Monday, the developers will analyze the incomes necessary to afford the apartments within this rent range. The following discussion of rents and qualifying income is based on a 224-unit building utilizing tax exempt mortgage revenue bond financing which Plesko-Walker is considering. Utilizin existin rules of HUD and the federal Treasury Department which are responsible for regulating developments financed with tax exempt bonds), Plesko-Walker would be required to comply with the following: -45 dwelling units must be "affordable" to moderate income persons (i.e., 20% of the units must be occupied by persons with incomes at or below 80% of median income) The following table differentiates various incomes and household sizes as a percentage of median income: Household Size 1 2 50% (low income) $12,300 $14,050 80% (moderate income) $19,250 $22,000 100% (median income) $24,600 $28,100 Thus, 45 dwelling units must be occupied by one person households with incomes at or below $19,250 and two person households with .incomes at or below $22,000. Keep. in mind ec-rfRA- 7 that persons with incomes at 50% or below (i.e.,-low income)- are eligible for subsidized housing. Persons in the $12,300 to $19,250. and $14,050 to $22,000 range would be the moderate income persons that .would benefit most -from having access to affordable rents. -45 dwelling units must have "affordable" rents: (i.e.20% of the units have a rent schedule such that moderate income. .persons pay no more than 30 percent of income for rent). The following table assigns maximum rents based on household size and various income levels: Number of Household Maximum Monthly Rent Permitted bedrooms Size ~ Percentage of Median Income 50% 60% 70% 80% 0 1 $308 $369 431 481 1 1 $30.8 $369 $431 $481 1 2 $351 $421 $492 $550 2 2 $351 $421 $492 $550 Thus, 45 dwelling units must have affordable rents, which for a one person household could not exceed $481/month, $550/month for a two person household. The Utilization of New rules may-occur if proposed federal legislation passes sometime this year and revenue bonds. have not yet been issued for this project. If this occurs, Plesko-Walker. would have a choice of: -occupying 20% of units with households having incomes at 70% of median, or -occupying 25% of units with households having incomes at 80% of median Thus, if new rules apply, 45 units must have rents which do not exceed $431/month to $492/month respectively serving one and two person households with incomes which are at or below 70% of the median incomes described in the above table. OR 56 units must have rents which do not exceed $481/month to $550/month, respectively serving one and two person households with incomes at or below 80% of the median income. If tax exempt financing is utilized, the controls above are operative and the developer would risk loss of tax exempt status for the bonds if these controls were violated. Additional Considerations,. Housing Proposal The housing development would be consistent with the goal of the HRA to provide alternative forms of housing in the community. CC• f~+P,¢- y Appropriate available sites for multi-unit housing in Richfield are scarce. This site is ideally located to provide housing for .the elderly. It is close to transportation, commercial support services and recreational facilities. However, to provide a site for housing, it would be necessary to displace several businesses. Attached to this letter is a memorandum which concludes that there. are no identifiable problems which would cause additional expenses to the City. as a result of this housing project. A tax exempt Tax Increment bond sale in the amount of $2.5 million to $3.5 million would be necessary to provide the housing site. Based on a preliminary analysis by Evensen-Dodge Inc. the additional bonds would not impair the ability of the HRA and City to retire all bonds by the year-2002 (the LHN status. report recently presented to the HRA projected a probably pay off of all bonds by 20.02). However, the sale of .tax exempt bonds would have to be initiated and completed soon. Rules permitting a tax exempt redevelopment bond sale are in effect until September 1, 1986 or until Congress adopts a law which would make a sale for this purpose unacceptable, whichever occurs first. In return for this expenditure, a housing project valued at approximately $l0 million would be constructed. Annual incremental tax revenues of approximately $280,-000 would result. The full increment would be available in 1990 assuming construction started in 1987 and was completed by January 2, 1989. A partial increment would be received in 1989. The tax increment would be utilized to pay off bonds and would not be available to taxing jurisdictions until all bonds were paid off. According to Hennepin County Assessment personnel, ownership of this project. by a nonprofit organization would not make it tax exempt provided, of course, the property is utilized for rental retirement living. The probable sale value to a developer of the entire site on which housing would be constructed could be $300,000 or as high as $600,000. However, negotiations would determine the actual sale price. The site is approximately two acres in size and would provide limited space for outdoor amenities for apartment residents. The building would be designed and programmed .for people fifty-five years of age and older. But most of the occupants would be over 65 years of age. It would be-open to anyone without restriction but in marketing the units populations in certain areas could be targeted through advertising first.. Additional Considerations, Commercial Proposal The commercial development would be in compliance with the land use plan policy statement adopted in 1979. The original 1975 plan also envisioned the commercial use of this land, though utilizing a different concept. C'c- {J RA- `1 The proposed commercial development could proceed with little additional cost to the HRA or City. A preliminary estimate of additional cost would be $50,000 to $75,000, most of which would be for utility relocation.. The commercial development and renovation may add market value of approximately $618,000 (this is a preliminary estimate for buildings and right-of-way which would become taxable). Additional tax revenue generated would approximate $30,000 and would be available in 1988, assuming project completion by 1/2/87 . However, this revenue would be utilized to pay off tax increment bonds and would not be available to taxing jurisdictions until all bonds were paid off. This value would result from a total expenditure of approximately $300,000 to $325,000 by the HRA and City. Approximately $250,000 has been expended to date to acquire and manage the three HRA properties which are part of the site. The other expenditures are related primarily to previously mentioned utility relocation. No additional bond issue would be needed to provide for this development. The probable sale value. of the HRA land (three properties) for commercial purposes is approximately $100,000. However, negotiations would determine the actual sale price. Conclusion and Recommendation It is recommended that .the City Council and HRA endorse the concept of housing for the subject property provided that additional information be transmitted to the staff in three areas. These areas are, (1) traffic volume and capacity information, (2) a complete schedule of rents for the apartment units, and (3) additional information on the senior citizen housing market. This recommendation is based upon several factors: (1) this is the only suitable location for high density housing in Richfield; (2) the location of housing on the subject property would be compatible with the other housing uses in the immediate area; (3) while the project will not serve as many low and moderate persons as desired it does represent a step towards meeting the HRA's goal of providing additional moderate income housing for senior citizen; (4) the housing project will be a more valuable tax resource for the community over a longer period of time, and (5) there are several other locations in the community where the existing commercial uses may be able to relocate. It is further recommended that the housing concept be endorsed contingent upon the successful negotiation of a developer's agreement with Walker-Plesko. ec ~l-I1S It is recommended that the Trestman/Shaller project be deferred at this time and that it be pursued in the event that negotiations are unsuccessful with Walker/Plesko. ' An alternative course of action the Council and HRA may wish to consider is to delay action on a decision until June 23. This additional time would permit additional analysis and discussion. If the latter course of action is followed, it should occur only after. presentations by both developers and the taking of additional public testimony. A delay may risk the opportunity to utilize tax exempt Tax Increment bonds and tax exempt-Housing Revenue Bonds. Both of these types. of financing, one used by the HRA and City, the other by the developer result in lower interest rates, less cost and therefore, potentially lower rents. If ..this financing is not available, taxable Tax Increment bonds .and housing financing would be available. Because the financing would be taxable, the interest rate would be higher, the costs greater and thus., the rents would likely increase.. At the present time the difference in interest cost between tax exempt and taxable financing is only one-half to three-quarters of a percent. Res tfully ubm'tted, `~ , even L. Devich Acting City Manager Acting Executive Director SD/eja Attachments: A. Graham Avenue Development Site Map B. Local Strategy on Aging Recommendation C. Short-Elliot Hendrickson Traffic Letter D. Letter from Larkin, Hoffman & Attached Maxfield Market Study E. Memo from Walker-Plesko on Rental Unit Prices F. Article ".Owning Vs Renting" G. Walker-Plesko-Richfield Housing Survey Report H. Memo on Impact of Increased Elderly Population "3Ar 1130SIY18 - , I ~ ~ t ,~ • ~ , _ ~ ' ~ ~ i '3Ar NlaOM1N7M I ~ I t 1 ! i . ~ - t~t~ ~ l ;n - ~ ~ I If ~1 ,. , '' : t ~~~ r 1Nrsr3ld ~ la~aarN } } ~` f" ~ ~ ~ ~ ~ W W W W ~ d za a ~ ~ ~ a ~ ~ ~ a .~ a ~ o. a Z G J N ~ ~ ~ =O _ ~ _ .gym C7 y H • _ i 1 'anr 1Nr~as ~ _ r- f J W /~ ~'~t~~ ~~~~ Off: - • Y v ~~ \` J ^ . ~" aer :rno~ ~ ~ ~' .~ ~( ~ ~ A I --p r' ; __ ~ i. , ~]Ar 1NOdn0 _ ~' ..... f " .J 8 OOOMNAI S, 1 ~ I ~ _; ~ ~- `u~s.~..~u~^^s...^^n! I J ~ I I •anr Nosaawi L ~ ~___L.. ' ' ; 1-i 1 I ! j ~ ~ 1 ; "+ ~ I T--tT' C~ ,- ?-t . rT t I ~ t ~ _ -•- - 4 \ ~ -- ___ ~ S £ - ~ -/Z May I2, 1986 ~. _ T0: The Richfield Housing and•Redevelopment Authority; . Thomas E. Harms, Chair FROM: The Local Strategy on Aging Task Force; • Myrna Hammer,. Chair SUBJECT: Local Strategy on Aging (LSA) Task Force Recommendation: Plesko- Walker Proposal The Task Force supports the housing concept being proposed. On May 5, 1986, the LSA Task Force met to discuss the Plesko- Walker retirement rental housing proposal. The purpose of the meeting was to evaluate the housing proposal in relation to elderly housing needs and arrive at recommendations to be forwarded to the HRA. There were several factors and concerns to be evaluated and drawing a conclusion was difficult. This. memo discusses the deliberations that occured and the context of --- project support. Several LSA Task Force members (six of eight) had the opportunity to hear the housing proposal presentation from Plesko- Walker at the April HRA meeting. All members received the retirement housing market study and information contained in HRA Letter No. 11, dated April 21, 1986 "Redevelopment Concepts For The Graham Avenue Development Site, LHN Redevelopment Project". This subject, housing opportunities for the elderly, is of keen interest to the LSA Task Force. A list of members is attached tb reference. The LSA Task Force has been meeting routinely since September, 1985, to understand the needs•of the growing elderly population and to hear from professionals on several priority concerns: -need for coordination of services; -inability to provide new subsidized housing opportunities for elderly because of significant funding reductions; -need for housing alternatives for persons 65 to 80 years of age with an environment suitable for independent living yet flexible enough to allow aging in place; -an affordable housing opportunity for moderate income elderly; -responding to an elderly population that will continue to increase each decade even well past the turn of the century; -many elderly programs such as Section 8 rent assistance, meals on wheels, and housing rehabilitation that operate at capacity, suffer from funding reductions, and retain waiting lists for assistance; and, -need for transportation bath within, and, i.n and out of the city. ~- ~3 The Plesko-Walker concept offers solutions to these concerns for -_- the elderly that would reside in the project, if approved. As a result, the demand for community services is reduced and the costs of service are passed directly on to those that. benefit. The special May 5th meeting provided a forum to discuss all relevant material from the April, HRA meeting placed in perspective with previous meetings of the LSA Task Force. Additional new material that would assist in the decision making process was also provided.. The new material included an "Inventory of Richfield Area Retirement Housing"-and definitions of income level terminology and average rents. An additional rent survey information sheet has been included with this memo to further clarify the average rent data that was provided to the LSA Task Force. All of this "new information" is attached for reference, Because of efforts by Myrna Hammer, Task Force Chair, the meeting also provided an opportunity for members that could not attend or could not stay through the entire meeting (Mayor John Hamilton, Michael Sandahl, Vern Luettinger, Ivan Ludeman) to have their concerns voiced: -Would this proposal create an "in-migration" of elderly as mentioned in the "Lukerman Strategy. on Aging" study? -Will this proposal provide housing affordable to moderate income people? -Are retail businesses being driven out, to the detriment of the community? . -Is this area being overdeveloped with elderly highrises? -Is Richfield overbuilt with elderly housing? -Must tax increment financing be utilized? Connie Hoverson, LSA Task Force member and co-author of the "Lukerman Study" provided perspective on the relationship of the study to the Plesko-Walker housing proposal. The in-migration question arose from an analysis of the buyers and potential buyers of. Lake Shore Drive and Woodlake Point Condominiums. However, this data may not be relevant to a retirement rental project. The condominiums have been sold to higher income elderly. households with significant assets and ownership interest. .The study collected no data that directly related in- migration to a rental project. Finally, the study does not assess whether in-migration was either good or bad. The "Inventory of Richfield Area Retirement Housing" helped the Task Force understand the present elderly housing market. One conclusion-which may be drawn from the inventory was that the Plesko- Walker proposal, in comparison to other retirement rental housing alternatives either occupied or under construction,, would be the "most affordable" retirement rental housing opportunity available to Richfield residents. There was a concensus of opinion that Plesko- Walker should strive to provide the most 8- ~~/ affordable combination of building-and. services possible without sacrificing the quality and competitiveness of their proposal. _ Plesko- Walker must still demonstrate that their rent is affordable to moderate income persons and they will hopefully do so at the May 19, 1986, HRA meeting.. The following additional findings were made: -sites for new housing are very scarce, and virtually all sites have conflicting use priorities: retail,housing, or parks. -this .housing site and the Plesko-Walker proposal is the best combination available and there is no other site on which it could be located. -retirement rental housing opportunities are not over built, in fact, none exist in the market area identified by zip code 55423, 5541.7, and 55419. -it is preferable to locate this proposed development with other existing LHN retirement housing units because it allows services to be focused without increasing City services, keeps high rise development in the one area of the city adequately supplied with shopping, banking: and transportation support,. and minimizes the traffic congestion caused by retail activities. -a highly regarded, professional development team has sub- mitted the proposal. -the market study indicates a strong interest from Richfield residents for this type of housing. -this proposal increases housing turnover opportunities for Richfield residents, while allowing them to remain in the community. -the development provides a significant amount of property tax. revenues without a significant increase in the cost of delivering public services. -there are considerably more vacant retail spaces than .housing options for the. elderly. Minimal retirement rental. housing vacancies exist in the Richfield area. It is the recommendation of the Local Strategy on Aging Task Force that the HRA support the Plesko-Walker proposal and resolve to their satisfaction that the units will provide an affordable housing opportunity with support services for Richfield elderly. /.~ 8 Local Strategy ~ Aging-Task Force __ Member Representing John Hamilton, Mayor City Council Michael Sandahl City Council .Vern Luettinger HRA Ivan Ludeman HRA Connie Hoverson Planning .Commission Barbara Krit~an Planning Commission *Myrna Hammer Human Services Commission (*Task Force Chairperson) Nancy Tjornhom Human Services Commission Staff Lit Hipp, Community Center Manager Bruce Nordquist, Housing Specialist . l,6 Inventory of Richfield Area "Retirement Housing" The purpose of the following information is to provide an ~~ inventory of retirement housing within and adjacent to Richfield. Elderly persons have a wide variety of choices in the market place, .including single family and condominium ownership opportunities and subsidized and market rate rental opportunities. These are the same choices available to the general population. However, these choices do not necessarily provide an appropriate alternative for an elderly person to "age ~in place" and remain as independent as possible.. "Retirement housing" is unique in that it provides an environment that can accomodate elderly needs-specifically, whether through building design, services, or both. Persons must be of various ages, such as 55, 60, 62, and sometimes 65 years of age to qualify to reside in a particular building. Individual building requirements vary. Even though elderly are very interested in retirement choices, it is important to understand that some elderly desire and qualify for subsidized housing, some desire ownership opportunities designed for the elderly, and some desire rental opportunities designed for the elderly. A review of the inventory data suggests that: -Within an identified market area (zip code areas 55423, 55419, and 55417) no market rate retirement rental housing exists. -Richfield has a substantial number of retirement ownership housing units (881 units) within or adjacent to the city. -There are a substantial number of subsidized retirement rental units. (725 units) within or adjacent to the city. Need for more can be demonstrated by 56 elderly that have currently applied to the Richfield HRA-for rental assistance and waiting lists utilized by building management. -Within an area adjacent to Richfield, the retirement market rate rental opportunities (417 units) are full, have low vacancy rates, and have monthly costs that exceed those being proposed for a new Richfield retirement rental development. -Waiting lists, occupancy levels, and vacancy rates suggest no lack of .demand for the 2,023 units of retirement housing in the Richfield area. The sources for the inventory data include the Metropolitan Council and telephone interviews with building management. Accompanying the inventory is a map of Hennepin County showing the focus area for the inventory. 5/5/86/BN CQ C ~ ~, (D c± ~ (D f... J ~i N. ~..._ r (), c+ ~_• ~ r•K tL m a ~- ~~~ -~ j4 ~ ~n ~ y :~ ~Z J lI ~ < r- .Z: :~ ~""• y `~ ~ ~ ~- < J _. Q3 C .O < iC ~ ~ L~ J ~ . r C il- rD < CO ? 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SfLY + ~'T'"ih-. r!~ >+ _ `_`,~.~ c~`: L +• .: 'r~L.:Lr' ~- :t.-r~r*.F•' ~- L;sc.. ~~?~,~+'?~;~ _ r. ~?~' ,`'y~.•'.fx ::i. GLEN LAKE f:., s ti}~ -7t..3;•• -WE ihS=L~~~'r.f~- _.s::3~.t~: ':~`~+:. .'~ .~ ~, ~,. _ 11Mwo3onYa LANDING.t ~~ '~. titer. STOt~KA~~ ~; `~~~ ~s'F t rLa -a~~ `s y~+, +Z~f~ ~ ~ •ti!a ~ _ ,~ H '_r~ytr~ . , Yo~R _:e=.~- T• j } '~~{r~.~• ~r,'7 1Z'. •;.' ~ '. a, .. _•._ ' ~~~,~ 10. NAMtLTON N k ~+"oF - +t~ ~S:.,a OUSE -' ~. ~~ DWNCONTINEN AL s+ i a a ~ r%• ~tiT ~ ~ ;.. s 7 ~~ ~ ~ ONMEO •..i~t y3'4)r'.+aY't!*' St. Lou,a qrY "-~y^`R. r.1'3S`~ y.' .: EdItM.. -=.- t~ ~:...... n a .' 'tFgS 1 laStl~ °'p'ti ~ .. ~. }_tiY;.`'rr !~} p v 1 / a -' '7t?'-~'V`~r~ ,~i' -;: tl. HtILCRESTA-ARTYENTi 1'-+'~ t ~S. 37:-CALVARY CENTERCOp/ERATIVE rl Loretto da~.~~•~1'~i~4:- ~ YARKETAATE RENTAL.' ~'+•i ~,~~ ~.:`~GptWn Va1NY .,:.;.e,:., { •~~a~'r~~ - 17. NILLSIOE TERA ~~~bbp ~++r~ Lpy Ir-a AI:Es• ~ ~ s '; tn'T' °a~j`f'.7l. lROOKW000 ESTATEi ; ~xY ~ + '~•,. CASTLE RIDGE OONQOMINIU 1'~ ''C.w~ .ai•; '~ spa. '. yYrooklvnCangr ~ ~ tii •,~}1,..,..ErMnPrairia ~ ~';+~~,~+ v ~'1~'.~.s'r''$h li. NO-KINS VILLAGE ' t t : ~t~~ ~i itta'}'~' '^ ;~~ ~ z}. yi ~.. COVENANTMANOq ;j . 'trF .oi^/'rc - _ Nops.~ _ _- A ZE. BROOKNl000 YANOR a jxIf x~"+•t ~:._ Gowwl V ~y ."~ a.~~`a- 1~. tNDtAN ... A+'1 .~{- Lt ~:i".. aoW n 37 -it i ~- ` Jn - ~ - ~~ y ~~ "!~7_i.._...: -o.- t~r::a KNOLLYANOq .F_~-' CNAIELVIEWA-ARTMENTi`SS~ ~'~' ~-p_' iRIENDSNI-VILI.AGE~OFgLOOMINgTOry~,:~~ ;aprti;Y~`y •aaOUwA - a+/ Si': ~'a.:t'A"~ 1!.+-5 .. NoVkYM ~ ' ' ' a - . •r~,•~`i...+:*~.}: , + _EbonNeDton - . , r p~ ~ li. KNOXLANOING =i~~tl i~'~~ ~ ~.._.. _:; j,'~f-~ %:-~ •'t'~11 KENZINGTON',"~~~.~•'k' ~~ i=+~h ~i ~5.-30:.CNARDON000RT ,~ ~ .+r~_a~- ; ; ~~ l~. ;p~~ia7' Ebom.nytola P -,Jt t ty'a:'< Naw IpW - A' ai as ^ _ ~: .r, ts_ ~-' ~ h. MtltonY .'( rjra ;.. l~l, a 1: t vq„r• ti. MALE TERRACE r ~ ~ 4 ~~ - ~ '~~'~"r°'~~li • i Woe -twa ': S`' t -•• ~_ ~r _ ~ -~/. HERITAGE YANOR - :aJ•.s'I~ytk ~~:`s~:.ai ~', LAKE SNORE ORIVE CONOpY1NIljYL •.+y F+~Y:~' ' 17. MENORAH / a' 1'+f' d - k - - . ••:'1 ~!- .. - St. Loua Part~A '-i a a a ~• ; ~: ~ NORTH RIDGE CONGR -' t ~ ~ ! ~+. LEE SQUARE COOIERATIVE ~ a7~ t e ~ . v w)1 ~vJ>sSJ.+~f'~a' Naw ELATE 110USING Ropp„yyta ... f t4 i~[ t',j ~ ye /i. NORTH -ARK/ ~ '~ .t . 'a H°sta ~a_ J ~~ J , ~.1:,?.:; 1j: ~"~-~yt~~p"~~a! ~ ~`lSir LAZA - '~ . ~"_ ~. «. WOODLAKE -OINT "Pfix~'!" f ~t>~~ J.a.!!,~c. Nsw,-wpo ~ +~1 ..T3: REYBRANDT a tntl ,.. '~ t a '~d„~~~~ ~~ a tti ~ _ r. +j#' a h • Rwtaato , •~+'~,'•-'., ~, w• atc...:.w..: lY. w Ealwta - y - 1l ,w y, rt,, ILEAS.aMTILACE A-ARTMENTf ~.~~~'3{. RIDGE/DINT • 7 ~ ~• `'f • Jr-~'•'sf~~'%'~'~~'~ T~ YOpK0001ERATrvE •:''Y~ ~'~" ;;~J. 3 +1~~ Raw Ywlnwonta E y k ''" a~ ~ 1 ~- + - :.;~ r r~,~ ~;,s. ' ~ w •j(i$I)F~'cNt ~'kj'; t ..:.f EO,ti ., J • ~-A"fir , '-;o ~•~-1`t~~ ~ 70. RICHftELOTOWERi ~` NfM~* t .Jp~ ytir.;3~?" ~~~+art,•' '7 ~ ^~••311,i. ~, °3i. ROYBET q R,tlttww ~ ~.. 'at....G ~ 1(`~.~ap~•+ ~ 3~ N ~a•~M+'21' ~1 ~: a - EOw _ ~ ' O SMMEO t~L'..~_ k'=>•~' ~-;ti"ar 71. ROYp~.LANOING a ~ .. ~ ~ ~ " ~ _, . ~ _ f { 1i. iT. THERESE RESIDENCE N. GOOD NEIGNWII REi10ENTUIL CME MOMi-EOI .''• _ Natrlloy :7 ...~,~ Etlilta ;j. ~ a y;~~k~~~ ~~, -. :- ~./ ~~ Income and Rent Definitions 1) Low Income: 50% of Median Income in Metropolitan Area • (Section 8 Rent Assistance Qualifying Income) Family Size Maximum Income 1 $12,300 2 $14,050 Tenants of Section 8 Subsidized housing pay no more than 30% of income for rent. ®.$12,300 (1 person) income is equivalent to a maximum monthly rent payment of $307 ® $14,050{2 people) income is equivalent to a maximum monthly rent payment of $351 2) Moderate Income: from 50% to 80% of Median Income in Metropolitan Area Family Size Maximum Income 1 $19,680 2 $22,480 3) Middle Income: Median Income in Metropolitan Area :Family Size Income ._ 1 $24,600 2 $28,100 4) Average Rent: Existing Richfield Non-Subsidized Rental Units 1 bedroom = $400 2 bedroom = $500 Richfield Rent Survey B- z ~- The most recently published rent survey prepared by the Apartment. Guide and the Minneaplis Star and Tribune occured in February, 1986. The survey information for Richfield, as presented below, is more closely indicative of rents in larger apartment complexes rather than smaller individual buildings. Since these are average figures, it does not clearly represent. rent variations that occur between buildings and between garden level to third floor apartments. Type of Unit Studio. l bedroom 2 bedroom 3 bedroom Average Rent $312 $405 $500 $570 Vacancy Rate No vacancy 2.4% 3.1% No vacancy The Richfield Community Development Department conducted a survey in 1984 (70% response) indicating that most 1 bedroom units fell in the $361 to $400 range and 2 bedroom units in the $421 to-$540 range. Given modest 5 to 10 percent increases in rents since. 1984, the 1986 averages, noted above, appear close to the more extensive data compiled in 1984. ZF H SHORT-ELLIOTT-HENDRICKSON, INC.- TO: MIKE GOULD, E.J. PLESKO & ASSOCIATES FROM: BOB BYERS, SEH , DATE: MAY 7, 1986 SUBJECT: TRAFFIC STUDY FOR PROPOSED SENIOR RESIDENTIAL DEV. LYNDALE AVENUE AND WEST 66TH STREET: RICHFIELD, MINNESOTA Background The proposed development site is located in the southwest quadrant. of the intersection of Lyndale Avenue and West 66th Street immediately south of Lyndale Hardware (See figure). The proposal is for the development of a 12 story senior/elderly apartment building of 224 dwelling units. The primary access to the site will be from Lyndale Avenue with a secondary service. access from Ci>?cle place, Traffic Generation Average daily trips to and from the development were estimated based on the observed characteristics of similar senior housing developments both locally and nationally. A summary of these characteristics is presented below.. Time Period Rate $In $Out Total Trips Average Day 3.5 Trips/Unit 50$ 50$ 785 Trips AM Peak Hour 0.38 Trips/Unit 40$ 60$ 85 Trips PM Peak Hour 0.42 Trips/Unit 60$ 40$ 95 Trips (r o~~ MEMORANDUM 200 GOPHER BUILDING • 222 EAST LITTLE CANADA ROAD • ST. PAUL, MINNESOTA 55117 • PHONE (612? 484-0272 ~~ The total vehicle trips may in actuality be somewhat less than these figures since the development will generate many pedestrian trips to nearby commercial and service establishments which might have otherwise used an automobile. Also the site has excellent transit service available which includes six local routes, seven freeway express routes and a university express route. An improved MTC bus stop is located within 150 feet. of .the site. These factors many tend to reduce the overall vehicle trips, however, the higher values were used to ensure that the evaluation is conservative. Roadway Operations. On an average daily basis the site would not add a significant .additional amount of traffic. The roadways in the vicinity of Lyndale Avenue and. west 66th Street carry average daily volumes of 15,000 to 18,000 vehicles .per day. The added trips from the site would generally result in increases of less than one or two percent. The most critical period.. of the day for roadway operations is the- PM Peak Hour or evening rush. hour period. We have reviewed the additional site traffic added during the PM Peak Hour and the resulting.-operations. The impacts on the intersection of Lyndale Avenue at west 66th Street would be very slight, with a total of approximately 65 vehicles added in the PM Peak Hour. The operations of the site entrance at Lyndale Avenue and. west 67th Street were also reviewed for the PM Peak Hour. Due to the relatively low volumes entering and exiting the site, it appears the intersection will operate at a good level of service. Some delay will be experienced by vehicles leaving the site .and desiring to proceed northbound on Lyndale Avenue. .The traffic signal at west 66th Street will tend to reduce this problem since it will provide periodic gaps in the traffic on Lyndale Avenue.. Ci7~ Summary Rased on our review, we do not anticipate any significant traffic impacts due to the proposed development. Also it-does not appear that any additional roadway modifications or traffic control devices will be needed. ' a. , ~ ~i.. j - ~ ).' ~ P` a. •w ~« • • '. '~ a ~ti. P~C. ~`-,t'~~' ~ ^~ ~• r '. fly ':,.. ? T='t'~ ~ ~ !~•:,~ ~ , t •. '~~ s .S ~ ~ rte;` . a ~ ~ .~ •~Y _. ~r~;' e '~~,~~r~~ > i ~.,~ S to ~. _ ,lJ iT,k ~v-.:ra t,~ ZS ~ 'c ate"^'~i~~~~ +~ ~Ry,;~.~ ~ ''li1-, ' ,`~-^ _ ~,~-'._ tit',,; ~' ! ~.. ,.~yY~r ~ h ,:,.`i:. ~s `~ ' c.y~t :' < F ;' J C~ ^ :~.*. e -' ~~ , j ~5 'yam .4 ' } 1 `ter 1-E: h. -.~ ~'.: '_ta.. ,;~.A ~- ..~ ~'^ '~-1 i M /IH ' ~~ ~ ~/ ~, ~,,. Svc / / Z~ /// ~ ` ~~;~ ~ I ~l•-i \. • ~•~ \ \\t .`• rz- ....~ T ~\ /~ 1 r 6~~~ ...~;~ . ^ iz Sr ~Y 7 ~ I I ~ ._ ~~ ~~ . -~ ,.~ ~ ; . ;- /- f, - ~~ 1500 NORTHWESTERN FINANCIAL CENTER 7900 XERXES AVENUE SOUTH 9LOOMINGTON. MINNESOTA 5531 TE L E PHON E:161 21 8 3 5- 3800 TELECOPIER:16121835-5102 REPLY TO MINNEAPOLIS OFFICE DAVID C. SELLERGREN .ATTORNEYS AT LAW May 6, 1986 MINNEAPOLIS. MINNESOTA 55402 TELEPHONE: (612) 338-6610 TELECOPIER: (612) 338-1002 Thomas Harms, Chairman SENT VIA MESSENGER Richfield Housing & Redevelopment Authority c/o Steven Devich, Acting City Manager 6700 Portland-Avenue South Richfield, Minnesota 55423 Subject: .Proposed 200 Unit Elderly Housing Development Adjacent to V.F.W. Building Dear Chairman Harms:. Our client, Richfield Lake Limited Partnership, owner of Woodlake Point, has asked me to communicate their concerns about the subject proposed. elderly development. The concerns relate to the timing of a potential competitive project, assisted. by the. Richfield Housing and Redevelopment Authority. Briefly stated, the concerns are as follows: 1. Among the many. interactive and cooperative elements in the Redevelopment Agreement entered into between the Richfield Lake Limited Partnership and the Richfield Housing and Redevelopment Authority, is a provision which obligates the developer to pay deficiencies in projected tax increment. If the Richfield. Housing and Redevelopment Authority were to actively participate in creating competition for Woodlake Point, this activity would be extremely detrimental to Woodlake Point and contrary to the public-private partnerships embodied in the Redevelopment Agreement. 2. The elderly housing market is presently saturated with `market rate elderly housing. Any addition to this market near Woodlake Point at this time will seriously hamper marketing efforts at Woodlake Point. 3. The elderly buyer is a very conservative, deliberate buyer, who shops the market or will wait and see what alternatives are available. Even the mere announcement of additional elderly housing in the immediate area could decrease the sales volume at Woodlake Point and seriously affect the development. _- ~" -~_; p_ a, L~RKIN, HOFFMAN, -,~, DALY & LI N D G RE N, .LTD ?°°° o~ H'N N~ ST~~ LARKIN, HOFFMAN, DALY & LINDGREN, LTD ATTORNEYS AT LAW Richfield Housing and Redevelopment Authority May 6, 1986 Page two ~-z ~ My client does not want. to object to future use of this area for elderly housing; only to the timing or any announcement of proposed elderly housing at this time. We request on behalf of Richfield Lake Limited Partnership that this item before the Richfield Housing ,and Redevelopment Authority be continued until Woodlake Point is-.sold out. We attach an independent and current analysis by the Maxfield Research Group which substantiates our client's concerns. Sincerely yours, David C. Sellerg , for LARKIN, HOFFMAN, DALY & LINDG , Ltd DCS/ssg Enclosures Mf\XFIELD RE~AR~H ~x v~ May 2, 1986 Mr. 8ichard Brier Richfield Lake Limited Partnership. c/o Derrick Laad Company 1650 Shelard Tower St. Louis Park,. MN 55426 Dear Mr. Krier: ~-aq At your request, we have inventoried projects that are competitive with Gbod- lake Point in Richfield. These include other projects. in Richfield, South Minneapolis, Bloomington and Edina. Of the projects that are competitive with Woodlake Point, most have been for at least .two or three years and with the exception of Walker Place in South Minneapolis, Rembrandt is Edina and the new Edina Park Plaza, all are condominium or cooperative buildings. Although senior housing is growing in market acceptance, there are many pro- jects competing for potential senior housing residents. In our studies of the Twin Cities senior housing market, we have identified both seniors who desire to rent and seniors who desire to own their retirement housing. Since most of the senior developments now in the Woodlake Point competitive market area are ownership units, there appears to be a market for rental units is the area. However, with the large inventory of condominium and cooperative units avail - able, the question arises on the timing of development of additional units, whether rental or ownership. As shown on the accompanying table, each project is the area that has been marketing for over a year has had a sales pace of approximately 4 to 5 units per month. Assuming that all reserved units will stay off the market., most projects have at least one year remaining in their marketing program. In aggregate, there are 297 ownership units in the area that are neither occu- pied or reserved. Based on historic absorption rate of approximately 22 units per month in the market area, this would indicate that it would be mid-1987 before all units remaining in the area are sold. In addition, there are 15 units remaining at Walker Place (a 4 to 6 month supply), and 191 units remain- ing at Edina Park Plaza, the newest project in the area. Edina Park Plaza has 620 KICKERNICK; 430 FIRSTAVENUENORTH 612-338-0012 MINNEAPOLIS, MWNESOTA55401 V~ vV~) V Mr. Richard Krier May 2, 1986 Derrick Land Company Page 2 reserved only l0 units in the past 6 months, since marketing began in October of 1985. There is some concern from the developer, and others knowledgeable in senior housing, whether this project will be successful or not, since this is the most expensive rental project in the Twin Cities and also has the highest level of services. Seniors who are interested in moving out of their home have no sense of urgency is moving, unless their health deteriorates to the point where they cannot take care of themselves. For this reason, marketing of senior housing is a very time consuming, and tedious task. Also, seniors are more apt to make a deci- sion to move when they can see the building or the units they will be moving into. We have found that seniors want to walk through the actual units and envision their own furnishings in them. They also want to see the qualitq of finishing and the type of carpeting, appliances, and .bathroom fixtures provid- ed. For this reason, the major marketing thrust of a project starts once units are available for occupancy. ~ . Ou the other hand, when new projects are announced, seniors tend to want to wait and see the new project before deciding among several projects in an area. For this reason, any additional projects that may be announced in the market area, and particularly in Richfield, may affect the marketing pace. of existing projects since seniors may decide to wait and nee what the newest building will. look like before making a choice. For thin reason alone, a new building announced in Richfield today would likely have an impact on the marketing pace for the remaining units in your project.. Please review the following table and if you have anp further questions on the market for senior housing units in Richfield. Sincerely, MARFIELD RESEARCH GROUP, INC.. ee A. MaxfielH" LAM/ddb Attachment t p-~ 1 AVAILABLE COMPETITIVE SENIOR HOUSING TO WOODLAKE POINT January 1986 Unite-Remaining (Neither occupied Marketing Total nor reserved as Sales Pace Development Name Type Start Units of January 1986) per month Richfield Lakeshore Drive Condo 6-81 178 Ot -- Woodlake Point Condo 8-84 157 52 5 South Minneapolis Becketwood Coop 11-82 238 82 4 Renwood Isles Condo 10-84 132 43 5 Nokomis Square Coop 9-81 208 26 3 Standish Green* Condo 8-85 45 35 1 Walker Place Rental 8-83 140 15 4 Bloomington Friendship Village Coop 1-80 321 N/A -- Gideon Pond Coop 6-85 101 59 4 Edina 7500 York Coop 6-75 338 Ot Bembrandt Rental -- 136 1 Edina park Plaza* 8ental 10-85 201 191 2 *IInder Construction. tThere is a waiting list for resales at Lakeshore Drive and a 2 to 10 year waiting list for units at 7500 York. Source: Maxfield Research Group, Inc. ' ~ -~ ~ e+ .+ r. + D A 1D ~ ~ N A ft! ~ A d. ' \ tl N K N d 7 C O N ~f A 0 e- e~- ~ N ~ N \ ~ ~ W N ~ W W V d O O ~ N f D >H -°+ ~ 7 f'- <C O A rW WW01W ~ O e~7 '~ 'N '~ N l'7 00 WW ~ 't OCtO\ p p ~ W O O N ~ ~ O ~ AN 7 3 ~ r ~ d Stn Z ( O r+ ~ t 0 Qf'f A r rv V ~ SON N~ A 7 N + 0 AN . . ~ N~ ~11 W W O. D r 0 0 ~ G ~O ~ ~~ r O ~ . N r tr 0 ~ O O ~ ~~ ~~ O O ~ 7 p ~ ~ t0 ~ ~ C~ N~~ 7! v AOD O \ ' ~ N K v W. 7 a A ~ WWW r _ .. ~ 00 ~ W C ~ \~ W ~ 0 „" Ovi ~ 0 .O 1 A O O ~ ~ n d „_ ~ V ° O A tJl H a O to N r r Of - r g N ~ H\ .~ ~ .~ ~ r, ad oo N t ov~ ~- V O ~ O i - C 7 O tp O oo ~ fL N r .- N 7 7 C O 7 d A A N \ -~ 70 .r ((pp ~ ~ OD -~+ O ~p iWJ1 ~ C O+ ~ O W N ~ p ~ 2 f O at -o ~ v• ~i Ae*~ .r 7 \ WWW ~ V ,f . r Q N ~ ~ N ~ QO it tp ~ 7 \ O vv AV C~ ~~~ N r.9a ~a ~i Q ~ O ~ O V C O r W pr 7 - lT O ~O O W t0 (0 0 _ W O ~ .. ~ ~n 1 00 O "' t O.~N.'O W O O 7 x 0 0 G K N tJ~ O W O N 5000 ? O ~ y O O 3 ~ . W O ~ Y O A 0 O ~\ \ O O + ~ N N ~ t!f ~ t0 ~ v ~ rr ~W m ~ c ~ ai 3 WW .... ~ N O V Ol <N(D OT N .~ 7 tr fD e* 1 A fD 7 1/~ ~ ~ O ~ r. -+01 P+ 7 O N 3 ~ N SN NON ~'- ° O ° Z '' ° ~' ~ ° o o ~ i ~ y ; t ~ ? ~. r.. ~ 7 b ~ W N ~~ d N~ ~ _ i 4 i O ~ d 0 ~0 ~ WW ~ "~ r O r . . .. 70 .~ r+ e~- 7r O ~ O C A NOOK ~ St ~; VN ~ ~ ~ W N A~ '7 < ~ N N ~i ~ NO N i N b Ol N \ C ~ ~ ~N.r~ _ O+ O ~ r 00 01 p 7\ 7WWW pr A d A ° o ~ v 7' ~\ A tr O ...~ W o Cp. ~ a tTO rvo+ v ~ d ~ O t ? i o N W ~ ~~ rn~o ~ . aK ~ Ot tp O r t t rN A A O W ~ v 01 Ot ~ C - 33 MEMORANDUM DATE: May 19, 1986 T0: H.R.A. City of Richfield. RE: Affordable Rental Senior Housing Walker Management and E. J. Plesko and Associates have proposed a project which will provide affordable rental senior housing for. the City of Richfield. Reques s have been made for Walker and Plesko to provide a schedule of rents for the project. Walker and Plesko are proposing rents that range from E500 to .1,150 per month. They include utilities, except telephone, availability of meal service ~-not the total cost of the- meal), scheduled transportation, security services. Based on a survey of other senior housing in the region, these rents are very competitive. They also are competitive with Market Plaza, a building which includes- commercial-space on the ground floor thereby enabling the renis to be .465 - .900 per month. A more definitive rent schedule cannot be calculated at this time. Walker and Plesko have agreed to an early presentation of the project to the H.R.A. only because of the need to act quickly in order to secure tax increment financing. As a result,. we have not progressed in the planning of the building to that point that we could produce an actual .schedule of rents. To do so at this time would be an irresponsib e~ comm~tmen ~-our part. Walker and Plesko are committed to developing for Richfield a project which serves die community. We feel strongly that the range proposed will suit that purpose. The nature of the financing proposal for the building also requires that 2oq of the apartments are set aside to serve people with moderate incomes. 3-3y May 19, 1986 H.R.A. - City of Richfield Page. Two Although .500 to .1,150 may initially sound like a high rent figure to some people, particularly if they have not recently purchased a home or rented an apartment, indeed many people have found that range very affordable. Annual income -- o Pensions, social security, investment income Plus o Income from the investment of the proceeds- gained from the sale of a house Equal o A total income stream available for housing and living expenses and savings. When one leaves home ownership behind and moves into a rental .unit, one also leaves. home maintenance, utility bills and real estate taxes behind. These figures are included in the rental rate. Affordable housing takes all of these figures into consideration. People of moderate income can be served in Richfield. Real Estate ~, - 3 S Owning vs. Renting Research shows a general trend of people aged 55 to 65 preferring : ~ ~ ownership and people _~ over a e 70 ~'~ referrin rental. g ~ p g ~:~;~ --~. °~ by Je,,~`'Barge he house is too big, the snow is too deep, the kids have all flown the nest - or been pushed out -and you've finally made the hard decision to move out of the family homestead and into something more in tune with the way you want to live and the things you want to do. Your next decision? To buy or to rent...owning vs. leasing. A few years back, that might not even have been a real issue for most middle or upper income seniors. The senior rental market .that ex- isted back then was largely govern- ment subsidized, so most seniors didn't qualify. The market-rate ren- tal units available outside. of that market didn't have the package. of services that most seniors want to have available. They were also sub- ject, as many found to their distress, to condominium conversion. Today, surprisingly, the trend, at least in terms of what's being built, is toward rental. Luxurious but af- fordable rental units of~'ering a wide menu of amenities are aimed at the increasingly affluent senior market. At least half a dozen market-rate rental buildings are going up across the metropolitan area. Luverne Molberg, president of Continued on Page 43 OCT08Efl t985/ACTNE SENIORS 41 / . OWNING VS. RENTING continued from page 41 the Webster Institute, which con- ducts market research for de- velopers of elderly-housing, sees a growing market for rental units throughout the region. The in- creased financial flexibility that renting can bring is the main reason, she says. "One of the reasons for the move to rental is it gives people more flexibility with the financial re- sources. They .like the capacity to choosing to rent seem to prefer developments co-sponsored by some sort of non-profit group, such as a church or non-profit housing group such as Augustana, Walker or the Ebenezer Society. "Rental stability. is very much a concern," Molberg says. "I think seniors took for reliable, trustworthy, proven sponsorship that provides stability." On the other hand, adds Molberg, a large group of people will be kept to a minimum. "it's the idea that when~you own, you're more in control." Vavoulis says. "I think that's true. You cer- tainly do have more rights." Vavoulis says that his customers - and Kenwood-Isles will open in the middle of this month, 50 percent reserved -are also looking for surroundings that. will evolve with them, change with their needs. For example, because Kenwood- Isles was designed for the indepen- Which one is better for you rec~,,ires a balanced examination of the advantages of each. to f'rt .your changing. lifestyle. change their mind without all the hassle of having a sale or resale, and I think they like the financial free- dom it gives them." Molberg's research shows a gen- eral trend of people aged SS to 65 preferring ownership and people over age 70 prefemng rental. "As you get older, if you're going to stay in independent housing, you're going to have to spend more of your money on services," Molberg says. Because of this, as people on fixed incomes grow older, they often choose to put fewer of their assets into housing and more into buying services. "For some, they have tied up all of their assets in housing, so their income might not be generous enough to provide aU the services as they want them. They end up being `house rich' and `service poor.' " On the down side, the fear that people often have with a rental, says Molberg, is that the ownership could change and you wouldn't re- ally know the true intentions of the new owner. Because of this, many seniors prefer to own because they like to have more control over where they live -and some assurance .that their neighbors will be of like back- ground and income levels. Tony Vavoulis, project manager for Sherman-Boosalis' S5-and-over Kenwood-Isles condominium pro- ject in Minneapolis' trendy Uptown area, feels there's strong demand for both types of housing. "There are people who, no mat- ter what you tell them, would choose rental," he says. "They're meeting a different demand. The obvious one for rental is at a certain age you don't want •to tie all your assets up in real estate." On the other hand, he adds, there's the perception that with rent- ing, you're throwing your money away because you aren't Building up equity or getting any tax advantages. "There's people who can argue both sides of it effectively," he says. Vavoulis' view that many people choose to put large chunks of their money into real estate knowing that, with their housing costs taken care of, their future monthly expenses dent elderly, at present it does not have a heavy service component. Meal service, managed by the non- profit Ebenezer Society, is offered only every other day, and while residents have access to a new clinic being opened on the site by Abbott- 1Vorthwestern Hospital, there is no on-call medical help available. "But that's up to the owners," says Vavoulis. "That's why people pursue ownership over rental - because they are the owners; they get to influence decisions regarding service and operations in a more direct manner. "That gets to be the function of the condominium association board. They can decide that. since the average age has gone from: 69 to 79, they need more services to main- tain independent living here." In many cases, Vavoulis feels, by buying instead of renting, the hus- band is either consciously or un- consciously trying to set up the spouse so that if something happens to him, her monthly financial ex- posure would be minimal Continued on Page 49 OCT08ER 1985/ACTIVE SENIORS 43 _' OWNING frS. RENTING / continued from page f3 "At the signing of the purchase agreement, it's not unusual for the husband to say, 'If something should happen to me...' They never want to say it or address it, but it'S ther'C." But to a surprisingly large extent, the decision between renting and owning can boil down to one. thing: location. "Some people could either own or rent, so it often depends on where they want to live and what's avail- able there," says Vavoulis. There doesn't seem to be a whole lot of difference between owning and renting when it comes to amenities, either. Both tend to have some kind of meal plan available, and also offer a high percentage of common space available for every- one's use. For example, Kenwood- Isles has two guest rooms available for the use of rtisidents' friends and relatives. "Community space allows you to actually buy less property and use in common those spaces you would use only once or twicx a year," asserts Vavoulis. Whether they decide to rent or own, seniors are beginning to use their resources in a way that directly benefits themselves in terms of more active lives, the freedom to travel, and more time to get in- volved in other interests back home. "I think seniors are moving away from the necessity of having a large inheritance to leave their children. which often required they live a rather frugal retirement existence," says Molberg. "Instead, they are freeing up some of those resout+oes and enjoying life more. They are using their resources to enjoy their retirement and maintain an inde- pendent lifestyle." While there are many societal trends moving seniors in this direc- tion, including the loosening of family ties and the oft-times far- flunggeographic locations of family members, a big reason is the fact that their children, because of two- income families and other reasons, just aren't as needy as they once were. "Their children, in their forties and fifties, probably have as much money as their parents do in their 70s on retirement," concludes Molberg.^ ~OM~ STOP Taki Chances nssocru~nar On .Home s 3T8-0356 ~ltxr>bers • ElecMaans • Pr~ers HOME Association is a mem ~~~for home hou ~wP condominium owners. The prof HOME staff refers screened service providers to meet yotx partiatlar needs for any service. large or smaN. HOME tn~mbsrs just caN HOME Membership assures quaNty home services for one year. Spedal membership offer... s25/ ear Seniors ... get an additiona12096 off ... 19.95/year 416 Hennepin Avg, Mlnr»spolis ~ <,~ ~:. ~~ t ;~ -. -r;;~ ,j ~-. ;. • .. ecurity. It's a very real concern for older adults. When we designed The Wellington, we made it our first priority as well.. We build safety, security and peace of mind into every new home. There's around-the-clock security system protecting the main entrance to the building.•Visitors can be screened on your own television set with our closed-circuit surveillance camera. Staff nurses, emergency pull cords in each unit, a personal daily check program-there are so many ways we put your well-being first at The Wellington. For older adults who want an independent and affordable lifestyle, The Wellington is the Twin Cities' finest rental com- munity. Choose from four beautiful 1 and 2-bedroom designs, located in Highland Park's scenic Shepard Park area. Ask about our Preview Showing Special Package. Available through October only. Call Katie Haried today at 698-0302. • ~~- ~:. ~: WFLI,INGTOh' ~` 4'- _ ~ 2235 Rockwood Avenue St. Paul ~ Developed and managed i. t,y Stuart Cnr~x~ralinn OCTOBER 1995/ACTIVE SENORS 49 -.-,-.--.-- ...r :. . _ CK.lLvc~ ve Reoart ~~Q Page 1 Ricnf field Nausing Sur y C/~ Plesko-Walker Partnership * Sig. Diff.= < .a5 May, 1986 **Sig. Duff. _ < . 01 sssssaac=e==e==3=sa==asses=a33asars==arsaa=s=o==aas=aaasae=3s:sa=ri==so=sa=caps= SURVEY QUESTION SY AGE Under 60 60-65 66-70 71-75 Over 7a % % % % x sa=seas =cssaeeaa===seas= ____= cas sea as~xa .ease ecn =a=wee a= c=ce=. a== c=c seace =e e c HOUSING PREFERENCE~~' N=1729. RENT-NO SERVICES 16 19 17 0 16 RENT-BASIC SERVICES 23 34 47 51 64 CONDO-BASIC SERVICES 41 35 29 23 17 . OTHER 20 12 8 6 3 CURRENT HOME~* N=1827 SINGLE FAMILY HOME 93 9f- 91 8? 77 APARTMENT 4 4 6 8 19 CONDO-TOWNHOUSE 2 1 2 2 2 OTHER i 2 2' 3 2 YEARS IN PRESENT HOME ~~ N=1816 ,,~!. , . LESS THAN 2 YEARS 2.' 1 1 0 1 3-5 YEARS ,:, 4y "'' 2 2 2 2. 2 6-8 YEARS ~ _`~ 4 3 4 l 1 9-1,1 YEARS ..;~: , ~t 6 4 4 5 5 MORE THAN 12 ~•A r 85 89 90 89 81 MARITAL STATUS*•~' `"' ~ N=1817 SINGLE it 9 10 9 13 MARRIED 81 89 77 69 56 WIDOWED 8 11 13 22 31 SPOUSE'S AGE*~a Na1379 UNDER 60 ~ 80 31 4 4 1 60-65 18 63 35 14 2 66-70 2 5 50 36 9 71-75 0 1 8 40 35 76-80 0_ 0 2 5 42 OVER 80 ------------------------- --------------- ---------- --------- --------- --------- SEX'M' N=1776 MALE 65 73 68 73 62 FEMALE 35 28 3~ 27 38 ----------------------------------------------------------------------------- CURRENT HEALTH~~' N=1814 GOOD 88 77 76 68 66 FAIR 12 21 21 31 34 POOR 0 2 3 1 i ----------------------------------------------- ------------------ ~i<<jtily C~cci~ion~, lr~c. ~~V Richfield Housing Survey Report Page 2 Pleska-Walker Partnership ~-Sig. Diff.= < .05 May, .1986 ~*SiQ. Diff. _ < .01 s3x==xm=oo.xaaso=====asxa=ss=sssax==cs===s=e===oaa~axm3xasassammaax==aamsams=s SURVEY QUESTION HY AGE Under 60 60-65 66-70 71-75 Over 70 - % X X % % sa===.aa=====_=====x=====c..oaoc=====-----=====a=.==m==s=a=aa=s===a=a~=.=.==c ANNUAL INCOME** N=1753 LESS THAN ~ 10, 000 ._., 6 9 310,000-315,000. 9 14 25 315,000-32x,000 10 18 20 320,000-330,000 24 31 31 ..OVER 330,000 53 -31 16 SOURCES OF INCOME - SALARY/WAGES~* 14 22 31 30 2 ijl 16 24 23 10 8 N=1833 YES NO 84 47 16 53 17 83 9 91 3 97 SOURCES OF INCOME - INVESTMENTS*~ ~ N=1833 YES ~ 4 '''M~ 49 56 58 62 NO 51 44 42 38 SOURCES OF INCOME - PENSIONS YES- ~~~ J NO -',~' 80 ;° SOURCES OF INCOME- SOCIAL SECURITY~~ N=1833 55 76 61 66 4~ 24 39 34 N=1833 YES 8 52 87 91 - 88 NO ~ - 92 48 13 9 12 SOURCES OF INCOME - SSI N=1833 YES 0 1 1 1 1 NO 100 99 99 99 99 MARKET VALUE OF HOME~* N=1639 LESS THAN 340,000 1 0 0 1 0 341,000-349,000 1 2 3 2 4 350, 000-359, 000 4 4 5 10 10 360,000-369,000 16 18 25 28 31 370,000-379,000 37 - 42 40 41 36 OVER 380,000 42 34 26 18 20 MORTGAGED HOME*~ N=1660 YES 49 29 ~16 10 7 NO 51 71 84 90 93 Qt»li~y De~i~io~~~, Inc. ~ Richfield Housing Survey Report Pwge 3' ~~~~ Plesko-Walker Partnership •~ Sig. Diff.= < .05 .May, 1986 - ~ •~•~Sig. Diff.= < .01 sa==.==.=c======a.aoo==aa=a=.=a==ca=ao==aoo=.===== =.=c===s=a=amsa====aasxsa=z SURVEY QUESTION BY AGE Under 60 60-65 66-70 71-75 Over 70 x X % % X saga===.=..=====c.=xaaaaa=====a==sa=a=ax o=. c=a o..= ==._ _=-===a.m== .a =o==..m==. MONTHLY MORTGAGE PAYMENT N=420 LESS THAN 5300 65 ~ 72 71 ?3 70 5301-5400 15 20 ~ 22 19 20 5401-5500 10 3 4 0 10 5501-5600 3 2 3 0' ~ 5601-3700 3 1 0 8 0 OVER 5700 4 3 0 0 0 MONTHLY RENT N=164 LESS THAN 5300 36 28 15 20 13 X301-5400 27 44 39 26 34 5401-5500 18 it 39 43 47 5501-5600 18 17 S 11 6 5601-700 ~~ 0 3 0 0 INTERESTED IN LIVING IN RICHFI `~ R ~~ + NT COMMUNITY~t N=1800 y~ YES 48 52 54 62 NO li 8 11 8 UNDECIDED ~ ;, ~ ;, 7 41 40 36 30 WHEN WOULD CONSIDER MOVING~~• N=1389 IMMEDIATELY 2 5 7 11 1l i-3 YEARS 19 25 30 40 49 4-5 YEARS 17 23 30 23 22 6 OR MORE YEARS 63 48 33 26 19 APARTMENT PREFERENCE•~•~ N=1658 STUDI O 1 1 2 1 1 ONE BEDROOM 18 20 21 36 44 2 btDRDOM 49 57 58 52 44 2 BEDROOM + DEN 32 22 19 12 10 APARTMENT RENT. AVAILABLE LESS THAN 5400 34 29 5401-5500 28 33 5501-5600 22 21 5601-570a 8 8 5701-800 ~ 4 4 OVER $800 5 5 AMENITIES DESIRED - DISHWASHER•~•x~ N=1618 25 32 24 34 35 43 20 16 20 li 11 6 6 3 5 4 3 2 N=1833 NOS 60 40 ~~~~K'~/DeC~~~~~~, ~~1~b. Richfield Noosing Survey Report Pape 4 ~`-/~ / Plesko-Walker Partnership * Sig. Diff.= ( .05 May, 1986 *+~SiQ. Diff. _ < .01 as~a==s==cross===.sass=asasas=ssc=aa=as=anxa=s=sssssas:ssassssasssasa:aasssmsac SURVEY QUESTION by AGE Under 60 60-65 66-70 71-75 Over 70 % % X % % AMENITIES DESIRED - GARBAGE DISPOSAL* N=1833 YES - 48 NO 52 AMENITIES DESIRED - PATIO BALCONY** 49 51 40 50 51 49 60 50 N=1833 50 s0 N=1833 YES 70 66 65 57 NG 30 34 35 43 AMENITIES DESIRED - COMFiINATION FsATHrSHOWER YES 61 NG 40 AMENITIES DESIRED - SHOWER ONLY :~ 63 63 62 62 37 37 38 38 N=1833 YES 8 34 33 37 30 NO 66 6B ~ 63 70 AMENITIES DESIRED - OTR~ IES N=1833 YES `~'" i l 11 10 10 8 NO ~ 89 89 90 90 92 --------------------------------------------------------------------- IMPORTANCE OF FEATURES - 24 HOUR SECURITI~ N=1750 IMPORTANT 86 9~D B8 87 89 NOT IMPORTANT 13 10 12 13 11 DO NOT LIKE 1 1 0 1 0 IMPORTANCE OF FEATURES - URGENCY PULL CORD*~ N=1598 IMPORTANT 39 49 54 54 72 NOT IMPORTANT 59 49 44 44 28 DG NOT LIKE 2 2 2 2 1 IMPORTANCE OF FEATURES - ENCLOSED PARKING N=1732 IMPORTANT 90 89 86 89 84 NOT IMPORTANT 10 10 14 it IS DO NOT L IKE 1 1 1 1 2 IMPORTANCE OF FEATURES - LAUNDRY SERVICES** Na1639 IMPORTANT 43 46 53 60 68 NOT IMPORTANT 52 49 ~~ 35 29 DO NOT LIKE 6 5 Qli~~~ll.~ D~CIcS~IIcS, 1t1C3 Richfield Housing Survey Report. Page 5 `~!r~~ Plesko-Walker Partnership ~ Sig. Diff.= < .~D5 May, 1986 ~*Sia. Diff. a < . 01 aa__________________________=°a==n=====_________.=.==x======a=======o====axna SURVEY QUESTION ~Y AGE Under 60 60-65 66-70 71-75 Over 70 % X X % X aaaaa==.=a..a....o...a....a=..n=====c===c===.aox=o====°___°°°=.==c===-..o==== IMPORTANCE OF FEATURES- HOUSEKEEPING SERVICES~* N=1525 IMPORTANT 10 8 10 16 31 NOT IMPORTANT 79 81 79 73 63 DO NOT LIKE 11 ~ 11 12 1.1 6 IMPORTANCE OF FEATURES - GAME PARTY ROOM N=1611 IMPORTANT 38 37 37 36 30 NGT IMPORTANT 57 58 58 59 63 ~DO NOT LIKE 5 5 ~ 6 5 7 IMPORTANCE OF FEATURES - MEAL SERVICE** IMPORTANT NOT IMPORTANT DG NOT LIKE N=1 589 26 23 31 34 53 67 72 63 63 45 • 7 ~ 5 6 3 2 ,. ~ IMPORTANCE OF FEATURES - GUEST ROOM ~`~~'` N=1564 IMPORTANT NGT IMPORTANT DO NOT LIKE /. t~4^~~ T. ~ ~' ~... ~'~, ~~.'r :~T 37 33 39 34 l~ ` t~ ~ 59 63 57 61 4 4 4 5 IMPORTANCE OF :FEATURES - EXERCISE WHIRLPOOL SAUNA AREA~* N=1584 IMPORTANT 52 51 - 45 35 35 NOT IMPORTANT 42 44 47 56 51 DG NOT LIKE 6 5 8 9 14 IMPORTANCE OF FEATURES - INDIVIDUAL STORAGE N=1706 IMPORTANT 92 91 90 89 89 NGT IMPORTANT 8 8 10 11 11 DO NOT LIKE ---------------------------- 0 ------------ 0 ---------- 1 -------- 0 ---------- 0 ---------- IMPORTANCE OF FEATURES - TRANSPORTATION N=1625 IMPORTANT 58 60 63 63 73 NOT IMPORTANT 41 39 37 35 27 DG NOT LIKE --------------------------- i ------------- 1 ---------- 1 --------- 2 --------- 0 ---------- IMPORTANCE OF FEATURES - AFFILIATION WITH HEALTH. CARE FACILITY~• Na1548 IMPORTANT 35 41 42 43 60 NGT IMPORTANT ~ 6a 54 5 53 41 DO NOT L I KE 5 5 Q~jlj~~ `-~C Y D~C~~~O~l~. . ............. _ . . ! ~~~ Richfield Housino Surve Report Pa `'' / Y g e 6 ~~ Plesko-Walker Partnershic * Sig. Diff.= < .05 May, 1986 **Sig. Diff. _ ( . 01 sssaspsaaaasaaasaas aaass assaasaaaaaaasaaaaaa== aaa =aaaa as asasaaaa a area agar aaa a: SURVEY QUESTION by AGE .Under 6a 6a-65 66-70 71-75 Over 70 x x x x x aaa==.== _._ .a=cac==aaa==a=ea.s== e.ca .. a =_= cn. ao =_= oa==a=caa aancc= =a==n===aaa c: IMPORTANCE OF FEATURES - HOME HEALTH SERVICES N=1509 IMPORTANT 26 30 31 28 42 NG T I MG+ORTANT 70 66 66 68 56 DO NOT LIKE 5 4 3 4 2 ------------------------------------------------------------------------------ IMPORTANCE OF FEATURES - BEAUTY BARBER SHOP** N=1589 IMPORTANT 21 ~ 21 25 34 49 NOT IMPORTANT 73 X72 70 ~ 61 47 DG NOT LIKE 7 6 v 6 3 IMPORTANCE OF FEATURES - LIBRARY N=1573. ,.i IMPORTANT 35 ~°'• ~'''`~ ' 37 c8 42 • ~: NG? I MPORTANT 60 6iD 68 5 5 DO NOT LIKE ~> 3 5 3 ... Q ~ ;1.,~~~ IMPORTANCE OF FEATURES - WALK ~ ~ N=1644. IMPORTANT 65 ®® 65 66 v6 53 NOT IMPORTANT 33 33 32 43 44' DO NOT L LKE 2 2 2 1 3 IMPORTANCE Or= FEATURES - SNACK TiAR N=1526 IMPORTANT 24 23 21 24 •27 NO i I MPOr~TANT 72 70 72 71 67 DO NOT LIKE 5 7 7 5 6 ------------------------------------------------------------------------------ IMPORTANCE OF FEATURES - CONVENIENCE STORE* N=1655 IMPORTANT 56 53 57 59 71 NOT IMPORTANT 41 43 ~t}@ 3g 28 DO NOT LIKE 3 4 4 3 2 IMPORTANCE OF FEATURES - WORKSHOP*~ N=1566 IMPORTANT 45 45 37 3~D 23 NGT IMPORTANT 53 50 60 66 69 DO NOT LIKE 3 5 3 ~ 4 g ------------------------------------------------------------------------ ~MPORTANCE OF FEATURES - CRAFT ROOM** N=1566 IMPORTANT 44 ~ 45 42 32 23 NOT IMPORTANT 53 5a 56 65 7a DO NOT LIKE 4 ~ 5 ~ 8 -------------------------------------------------QLx~~C1cS1Qlk~~l1C_ ---- • Richfield Housing Survey Report Page 7 ~~~ Plesko-Walker Partnership * Sig. Diff.a < 5 May, 1986 **Sig. Diff. _ < . 01 sssssasssssazaa:assaasssassassassaasassasaaaaaaasaasms:sassssssaaaasssssssass SURVEY QUESTION BY AGE Under 60 60-65 66-70 71-75 Over 70 % % X % % ssss ass acasa s ss sass s as as s a=aassas as sass as man ss s a s :ssssa :a ass aaasa a a s s ss ssss IMPORTANCE OF FEATURES.- BANKING SERVICE*~ N=1587 IMPORTANT 37 28 28 30 56 NOT IMPORTANT 60 68 69 67 42 DG-NOT L IKE 3 4 3 3 3 IMPORTANCE OF FEATURES - CHAPEL. N=1599 IMPORTANT 42 38 40 43 57• NOT IMPORTANT 53 59 57 53 43 DO NOT LIKE 5 3 3 4 0 CAUSE OF WORRY - HEALTH PROBLEMS N=1833 YES 40 44 41 3B 42 NO 61 56 59 62 58 ---------------- -------------------------T~------ --------~~ -------- -- --~~------ CAUSE OF WORRY - TRANSPORTATION•~* ~'=~'' " ~= N=1833 YES x 1 ~' ' 3 16 23 30 NO ---------------- ,.` 7 ---------- ~~f,• ------''---- 84 ---------- 77 ------- 70 ------------ CAUSE OF WORRY - SECURITY • YES NO CAUSE OF WORRY - LONELINESS N=1833 36 41 40 43 34 64 59 60 57 66 N= 1833 YES 9 7 6 6 9 NO 91 94 94 94 91 CAUSE OF WORRY - NUTRITION•~ N=1833 YES 3 3 4 3 9 NO 97 97 96 97 91 ------------------------------------------------------------------------------ CAR OWNERSHIP STATUS** N=1716 OWN AND DRIVE 94 95 92 e9 74 DO NOT OWN 3 3 4 5 it OWN EiUT DO NOT DRIVE ------------------------------- 2 --------- 2 ---------- 5 --------- 6 -------- 15 ----------- CURRENT ZIP CODE N=1610 55417 7 6 8 11 15 55•+19 5 7 9 9 8 55423 88 87 Richfield Housing Survey Report ~ ~ ~h (e~ age 8 ~~~~"'~ Plesko-Walker Partnershi ~'~~~~ +~ Si Diff.: .05 P ~~.o~u~J1,d 9 May, 1986 ~~i-_-~Jt-_a.t.e~~"~ ig. Diff. _ (. 01 ssxs= _: c asax=c= a==aaaaca sasacmc= -_= z. _ _= aaQ= os= axa a:=.a =xa o==m=asat SURVEY QUESTION BY INCOME UNDE , OVER X15,000 N % N % s=======c========cc======s==a====x=a =_____ =.ca.=======ac=ax=o====.=a.= m .c = .a c HOUSING PREFERENCE* N=383 RENT-NO SERVICES 27 18 31 13 RENT-BASIC SERVICES 92 62 121 52 CONDO-BASIC SERVICES 25 17 72 31 OTHER 4 3 1l 5 CURRENT HOME N=396 SINGLE FAMILY HOME 152 98 238 99 APARTMENT 0 0 0 0 CONDO-TOWNHOUSE 3 2 3 i OTHER ------------------------------ 0 ---------- 0 ------------- 0 ------------- 0 ------- YEARS IN PRESENT HOME ~ ~ N=394 LESS THAN 2 YEARS 0 0 1 0 3-5 YEARS 0 ~.~ 0 1 0 6-8 YEARS _ 6 `,~ 4 5 2 9-11 YEARS 4: ~~~,;. 8 3 MORE THAN 12 YEARS ~ <'~.~` 224 94 :r :t MARITAL STATUS** N=392 SINGLE 17 li 9 4 MARRIED 93 61 209 87 WILOWED 43 28 21 9 ----------------------------------------------------------------------------- OWN AGE* N=396 66-70 - 66 43 137 57 71-75 55 36 73 30 76-80 25 16 26 11 OVER 80 9 6 5 2 SPOUSE'S AGE N=301 UNDER 60 3 3 5 2 60-65 21 23 43 21 66-70 33 36 ~ 86 41 71-75 22 24 57 27 76-80 12 13 13 6 OVER 80 2 2 4 2 SEX** MALE FEMALE 92 63 55 37 Na381 189 81 45 19 ------------------------------------------------~<<<~Tty ~5eci~io~i~-.ll~c, ----- Richfield Hausir~g Survey Report Page 9 Plesko-Walker Partnership * Sig. Diff.= <.OS May, 1986 ~~ Sig. Diff. _ <. G1 s.s==a==c=.===___=====a=aaa=a==as=a=a=a=ac=a= .no.=asam=saaa=a==- =a==coos=o.s=: iURVEY QUESTION BY INCOME UNDER X15,000 OVER $15,0~D0 N % N % snaa==a.=.cc=na====a=====aa=sa=s=aaaaasaa===.aaaanaamaaaaoaaaaasaaaoasaaamsaa: CURRENT HEALTH N=391 GOOD 105 68 168 71 FAIR 49 32 65 28 POGR 1 i 3 1 SOURCES OF INCOME - SALARY/WAGES N=396 .YES 9 6 36 15 NO 146 94 205 85 ------------------------------------------------------------------------------ SOURCES OF INCOME - INVESTMENTS~~ N=396 YES 54 35 171 71 ENO 101 65 70 29 SOURCES OF INCOME - PENSIONS** N=396 ~. YES 104 67 196 81 •: NO 5~1 ..~, 33 45 19 :ri SOURCES OF INCOME - SOCIAL S~.~~~Y N=396 . ~'~., "_ YES ;~~,~ : ~~~ 92 214 89 NO 13 8 27 11 --------------------------------------------------------------------------- SOURCES OF INCOME - SSI N=396 YES 0 0 1 0 NO 155 10@ ~4@ 1@0 ---------------------------------------------------------------------------- MARKET VALUE OF HOME~* N=38@ ' LESS THAN X40,000 0 0 1 @ f41,0@0-X49,@00 10 ~7 2 1 ?.50,00@-$59,000 ~2 15 13 6 X60.@@0-X69,@0@ 59 40 50 22 X70,0@0-$79,000 41 2B 110 47 OVER ~8@, 000 15 10 56 24 ----------------------------------------------------------------------------- MORTGAGED HOME N=382 YES ~ 23 15 22 9 NO 126 85 211 91 Qu~(ily Deci~io~~s,. inc. Ri=hffield Housing Survey Report Page la Plesko-Walker Partnership" ~ Sig. Diff._ <. 5 May, 1986 ** Sig.- Diff.= <.01 ~sa~x~==~====c==.ao===~=s==a.aca==.~====.=coc===a=~saaasm=ssaasaa=~m==a=a=~~ma SURVEY QUESTION by INCOME UNDER X15,000 OVER (15,000 N X N1 % ra=so=~c=oo=====.c==~==ca.==.aa.c=o=use==anca=ca====~=c...o~=aaaaoeo=s.a.===c MONTHLY MORTGAGE PAYMENT N=47 LESS THAN X300 18 78 15 63 • X301-400 5 22 7 29 f4ft11-500 0 0 1 4 X501-$600 0 •• 0 1 4 OVER X601 0 ---- 0 -------------- 0 ------------- 0 ------- -- ---------------------------- MONTHLY RENT -------- ~ - N=9 LESS THAN X300 4 80 1 25 #3iB1-400 1 20 2" 50 $401-500 0 0 0 0 X501-3600 ---------------------------- 0 ------------ 0 ---------=---- 1 ------------- 25 ---------- INTERESTED IN LIVING IN RICHFIELD RETIREMENT COMMUNITY N=396 YES 155 .100 241 100 NO 0 0 0 0 WHEN WOULD CONSIDER MOVING '~~.:_;ti. ~y~ N=373 -~• -.~" ,~ ..~` ~, IMMEDIATELY 1-3 YEARS _• ~-"• 8 `` ~~'~~ 37 . 20 93 9 41 4-5 YEARS ~~ 28 65 2B 6 OR MORE YEARS ;• 27 51 22 APARTMENT PREFERENCE** N=390 STUDID 6 4 0 ~0 ONE BEDROOM 61 40 38 16 2 BEDROOM 76 50 154 65 2 BEDROOM + DEN 10 7 45 19 APARTMENT RENT AVAILABLE** N=369 LESS THAN X400 55 38 30 14 X401-500 64 44 59 27 X501-$600 18 12 60 27 1601-700 5 3 37 17 X701-3800 4 3 20 9 OVER X800 0 0 17 8 AMENITIES DESIRED - DISHWASHER** N=396 YES 57 37 147 61 NO 98 63 94 39 . /~.,,,~/~~//f/ Richfield Housing Survey Report Page fl Plesko-Walker Partnership * Sig..Diff.= <.05 ,May, 1986 ~•~ -Sig. Diff. _ (. ai ssssasa==ca.a=ssarias=====aossa=ssesaasssssssssas=salsa=saa=asamassasaaaasasaaz SURVEY QUESTION by INCOME UNDER X15,000 OVER X15,000 N % N % ss=====______________________________________________________________________= AMENITIES DESIRED - GARBAGE DISPOSAL~* N=396 YES 56 36 136 56 NO 99 64 105 44 AMENITIES DESIRED - PATIO BALCONY N=396 YES 96 6~ ~ 164 68 NO 59 38 7.7: ~ 32 AMENITIES DESIRED - COMBINATION BATH-SHOWER N=396 YES 94 61 152 63 NO 61 39 89 37 AMENITIES DESIRED - SHOWER ONLY :~ N=396 YES }.a ~ ~. '~~ ~ ~ 34 89 37 NO - ;*~ `. ~~ 67 152 63 .AMENITIES DESIRED - OTHER ~• ITIES N=396 YES 14 9 31 13 • NO 141 91 210 87 IMPORTANCE OF FEATURES - 24 HOUR SECURITY N=385 IMPORTANT 127 84 208 89 NOT IMPORTANT 24 16 ~ 26 11 ------------------------------------------------------------------------------ IMPORTANCE OF FEATURES - URGENCY PULL CORD N=360 IMPORTANT 91 6 5' ~ 133 61 NOT IMPORTANT 48 34 g~ 37 DO NOT LIKE --------------------------- 2 ------------- 1 -------------- 4 -------------- 2 ---------- IMPORTANCE DF FEATURES - ENCLOSED PARKING* N=380 IMPORTANT 122 84 214 92 NOT IMPORTANT 22 14 20 9 DO NOT LIKE 2 1 0 0 IMPORTANCE OF FEATURES - LAUNDRY SERVICES IMPORTANT NOT IMPORTANT DO NOT LIKE N=361 82 58 132 60 51 36 80 36 e 6 Qu~~(i~y Deci~ion~,11~~. Richfield HGUSing:Survey-Report Page 12 ~"~'~ Plesko-Walker Partnership * Sio. Diff.~ < 05 May, 1966 ** Sig.. Diff. _ . 01 ~s=a=ss~~s=oa=:a=~m3=aa=~aa:s~assaam:saes=esms~massss~ssws~~aasso~asa~ssss~st SURVEY QUESTION BY INCOME UNDER X15,000 OVER X15,000 N % N % sas:==a=aasaaaa~xa=asa=aaa=~=sa=~aaaa====~_=~~==oa=~3aas=a=o==a=...=.a=~..==c IMPORTANCE OF FEATURES - HOUSEKEEPING SERVICES N=324 IMPORTANT 18 15 27 13 NOT IMPORTANT 87 73 153 75 DO NOT LIKE 15 13 24 12 IMPORTANCE OF FEATURES --GAME PARTY ROOM N=349 IMPORTANT. 48 36 85 39 NOT IMPORTANT 79 60 118 54 DO NOT LIKE 5 4 14 7 IMPORTANCE OF FEATURES - MEAL. SERVICE N=348 IMPORTANT 52 40 84 39 " " NOT IMPORTANT 72 : ~ 56 125 57 DO NOT L I KE 6=~" 5 9 ~ 4 y~ t'~ IMPORTANCE OF FEATURES - G~J~S~~~~ ~ N=341 . ~.-, w ~ w " .~_ :~ ~. IMPORTANT Y~ "~' ~'~~ 34 89 42 NOT I MPORTANT ~'± `;~ 78 61 115 $4 DO NOT LIKE 6 5 9 4 IMPORTANCE OF FEATURES - EXERCISE WHIRLPOi7L SAUNA AREA N=337 IMF~ORTANT 40 32 94 44 NOT IMPORTANT 74 59 99 47 DO NOT LIKE 11 9 19 9 ----------------------------------------------------------------------------- IMPORTANCE OF FEATURES - INDIVIDUAL STORAGE N=373 IMPORTANT 129 89 210 92 NOT IMPORTANT 15 10 18 8 DO NOT LIKE 1 1 0 0 ----------------------------------------------------------------------------- IMPORTANCE OF FEATURES - TRANSPORTATION N=356 .IMPORTANT 92 68 149 68 NOT IMPORTANT 41 30 68 31 DO NOT LIKE 3 2 3 i IMPORTANCE OF FEATURES - AFFILIATION WITH HEALTH CARE FACILITY N=340 IMPORTANT 63 50 96 45 NOT IMPORTANT 58 46 112 52 DO NOT LIKE 5 4 6 3 ------------------------------------------------~1-k~~~~-~~-~cS~4taS,-~------ Richfield Housing Survey Report Page 13 ~ w Plesko-Walker Partnership ~ Sig. D2ff.= <.05 May, 1986 ** S i g. D i f f._ <. 01 ssma==a===a==s=a=s3a=asa===caaaa=sosa~assa=aa=a==sas~ssss~sssasmasaa=sssa:acsama SURVEY ;QUESTION BY INCOME UNDER 315,000 OVER 115,000 N % N % s==a===.====a=~c====c=a==aa==s~axasaaasaas~=3a==~=~~aa=s=o:aes~aa=aaxssaa==m===c i IMPORTANCE OF FEATURES - HOME HEALTH SERVICES IMPORTANT NOT IMPORTANT DO NOT LIKE 49 39 70 56 6 5 N=332 62 30 139 b"l 6 3 IMPORTANCE OF FEATURES -.BEAUTY BARBER SHOP N=348 IMPORTANT 40 30 71 33 NOT IMPORTANT 83 63 133 62 DO NOT LIKE- 9 7 12 6 IMPORTANCE OF FEATURES - LIBRARY N=343 IMPORTANT 49 38 68 32 NOT IMPORTANT 72 56 135 63 DO NOT LIKE 8 6 11 5 IMPORTANCE OF FEATURES - WALKING PATHS N=353 IMPORTANT 82 . - :r '~,~ i~~`' 136 62 y.,,, NOT I MPORTANT .,~:: `' . - s 8~D 36 DO NOT L I KE :. ~ 4 2 ~. ___ IMPORTANCE OF FEATURES - SNACK ~~ N=330 IMPORTANT NOT IMPORTANT DO NOT LIKE 31 25 87 70 6 5 42 20 150 73 14 7 IMPORTANCE OF FEATURES - CONVENIENCE STORE N=358 IMPORTANT 97 68 123 58 NOT IMPORTANT 42' 29 83 39 DO NOT LIKE 4 3 _ g 4 ------------------------------------------------------------------------------ IMPORTANCE OF FEATURES - WORKSHOP N=339 IMPORTANT 44 35' 76 36 NOT IMPORTANT 76 61 130 61 DO NOT LIKE 5. 4 8 4 MPORTANCE OF FEATURES - CRAFT ROOM N=343 IMPORTANT 53 41 89 42 NOT IMPORTANT 72~ 56 119 56 DO NOT LIKE 4 3 6 3 -------------------- . ----------------------------Q{~i~~~-~E-~&EpHcS-~f~C----- Richfield Housing Survey Report Page 14 ~`"~ v l Plesko-Walker Partnership •>f Sig. Diff.= (. 05 May, 1986 ** Sig. Diff. _ <. 01 sass=====saaa=aas=saa=a=33=sa==aasasaammeoa====sassxass~ssasaa3sasaaaasa=massz SURVEY QUESTION BY INCOME UNDER (15,000 OVER *15,000 N % N % ssssssss:aaaaasssassaasasassasaaasasaasassssssassaasssasaaaasasssasassassasaa~ IMPORTANCE OF FEATURES.- BANKING SERVICE N=348 IMPORTANT 47 36 65 30 NOT. IMPORTANT 81 ~ 61 144 67 DO NOT LIKE 4 3 7 3 --------------------------------- ------ - IMPORTANCE OF FEATURES - CHAPEL* - -------------- ------------ --------- -- N=350 IMPORTANT 69 51 81 38 NOT IMPORTANT 61 45 127 59 DO NOT LIKE 5 4 7 3 CAUSE OF WORRY - HEALTH PROBLEMS Na396 YES 70 45 119 49 NO 85 55 122 'S1 CAUSE OF WORRY - TRANSPORTATION YES NO 40 1.15 _--: ; CAUSE OF_ WORRY - SECURITY .• i .. • ;: N=396. :~6 56 23' 4' 18..t 77 - -------------------------------- N=396. YES ~4 41 112 47 NO 91 59 129 54 CAUSE OF WORRY - LONELINESS - N=396 YES 14 9 17 7 NO ---------------- 141 ------------------------ 91 -------------- 224 ------------ 93 ------------ CAUSE OF WORRY - NUTRITION N=396 YES 12 8 14 6 NO 143 ----------------- 92 -------------- 227 ------------- 94 ----------- CAR OWNERSHIP 8TATU8+~~- N~367 OWN AND DRIVE 115 83 216 95 DO NOT OWN 10 7 4 2 OWN BUT DO NOT DRIVE ------------------------------- 14 --------- 10 ------- 8 4 ------------------------- CURRENT ZIP CODE ------ N=357 55419 18 16 Qu~jfi(.y DCC~on~ lnc~ , SII~:~itA t~_ ~tt~vr~~t~ MEMO /~- SL .April 21, 1986 SUBJECT: The Community Perceived Impact Of An Increasing Elderly Population and a Concentration Of Retirement Housing Information was researched regarding the positive and negative impacts felt by communities, resulting from an increasing elderly population 3n concentrations of retirement housing. Contacted for information were several, highly respected, agencies and organizations abreast of issues on aging, both locally and nationally. Also contacted were consultants, planners and developers specializing in the development of retirement housing. This memo is a summary of the findings. There appears to be a definite lack of written material on this subject., Over the past decade, as the concern for housing for the .elderly grew, most related studies focused on the needs of the .elderly. In the studies and articles reviewed on retirement housing, and in conversations with developers and consultants, most all mentions of comr-ttmity felt impacts were positive. No negative impacts were identified as a direct result of concentrating retirement housing in a community. There were, however, some concerns expressed regarding, one, initial objections to developments by the community, and. two, the need ibr long range planning in regards to the design of the building and the changing needs for supportive services, such as housekeeping and in-house medical-care provided by the management of a development.. Listed below are the .positive. impacts identified, and the concerns expressed. This list is compiled of information gathered from various sources. Most of the following points were identified by more than one source. Positives Impacts of Concentrating Retirement Housing In a Community• -A retirement housing complex tends to have a stablizing effect on neighborhoods. -The elderly are not a transient population group. Their move. to retirement housing is usually their last. -A high density retirement complex increases tax revenue in ~~ a community, without additional use to the school system. -Retirement housing creates jobs in the community. -The value of a retirement housing development appreciably increases over a period of years. Again, this generates more tax revenue. -The elderly spend most of their expendable income within the community. -2- -Providing alternative: housing for the elderly within a community, promotes a roll-over in the housing stock. If alternative housing is not available, -the elderly are likely to age in place, remaining in their single- family homes. This causes a period of decline in the number of children in the community, in turn, school cutbacks are made due to declining enrollment, thus, the community has less appeal to young families. Initial Concerns Expressed By Communities Where The Development of Retirement Housing is Proposed. -An increase in the elderly population will have a negative affect on the image of the community. N-53 -Contrary to this concern, the elderly, as a population group, have proved to be good citizens. They are generally stable, quiet and not disruptive. In fact, they have gained a positive image within communities. , -A high density housing development will create more traffic and crime, and create a strain on public services. -High density retirement housing has proven to add very little to the amount of traffic and crime in a Community. -The-need for utility is no different from condominium complex. problem. service in a retirement complex that of any apartment or Therefore, this is not a -According to information provided by the Richfield Public Safety Dept., the number of recorded emergency service ,calls originating from the Lake Shore Drive senior condominiums in Richfield, is no greter than those originating from non-elderly complexes in Richfield, similar in density. The nature of the calls, however, tends.to be largely medical rather than domestic or disturbance related. With present capabilities, Richfield Public . Safety personnel foresee no problem in supplying emergency services to an additional, high density housing development in the area of 66th St. and Lyndale Ave. . Concerns'For Continued Success of Retirement -A need has been identified for long range planning regarding the physical design of the building and the delivery of supportive, in-house services provided by the management, to accomodate . _3_ C J changing needs of residents. Most persons moving into ~ retirement housing see. it a their last move. Although they may be-self-sufficient and active at the time of initial occupancy, -` as residents age and become more fraile, their needs change and services provided_by the management, must change to meet these needs. It is suggested that a qualified management company be chosen to implement careful planning in the development stage of retirement housing to prepare for changing ftrture service demands. Below is a list of agencies, organizations and individuals contacted to provide information on this subjzct. As little written information was ' available, t!~ best source of information proved to be personal conversations with developers and consultants working with retirement housing. These individuals provided. insights gained from hands-on experience. Agencies and Organizations Contacted American Planning Association - Chicago, IL. Center for Urban Policy Research -Rutgers University, Piscataway, NJ Center for Urban and Rural Affairs- Minneapolis, MN Citizens League of MN - Minneapolis, MN Metropolitan Council - St. Paul, MN Minneapolis Community Development Agency - Minneapolis, MN Minneapolis Planning Dept. - Minneapolis, MN MN League of Cities - St. Paul, MN MN State Board. on Aging - Minneapolis, MN MN State Demographers Office - St. Paul, MN MN State Planning Agency - St. Paul, MN National League of Cities - Washington, D.C. Urban Land Institute - Washington, D.C. Individuals Contacted Jack Bowersox - Architect/Developer, Design Through Research, Inc., Mpls., MN- -Specialists in Senior Housing Developments. Ann Carlson-- Assistant Manager, Lake Shore Drive Condominiums, Richfield Maria DeWhite & Sally Hover - Consultants/Planners, Gerontological Services, Inc. Santa Monica, C~A -Specialist in Senior Housing Developments Catherine Grey - Independent consultant, Mpls., -Formerly with Ebenezer Sue Haller - Economic Development Dept., City of Redondo Beach, CA -Currently undertaking the development of a multiple senior . housing project within their community