06-25-2019 Work Session AgendaS P E C IAL C O N C U R R EN T C ITY C O U N C IL AN D P LAN N IN G C O MMIS S IO N W O R K S E S S IO N
R IC H F IE L D MU N IC IPAL C E N TE R, B AR TH O LO ME W R O O M
J U N E 25, 2019
5:45 P M
C all to order
Open forum (15 minutes maximum)
E ach speaker is to keep their comment period to three minutes to allow sufficient time for others. C omments
are to be an opportunity to address the C ouncil on items on the agenda. I ndividuals who wish to address the
C ouncil must have registered prior to the meeting.
1.I-494 A ccess Reconfiguration Market Impact E valuation
A djournment
Auxiliary aids for individuals with disabilities are available upon request. Requests must be made at least 96
hours in advance to the City Clerk at 612-861-9738.
AGENDA SECTION:Work Session Items
AGENDA ITEM #1.
S TAFF REPORT NO. 3
WORK S E S S ION
6/25/2019
RE P O RT P RE PA RE D B Y: K ristin A sher, P ublic Works D irector
D E PA RTME NT D IRE C TO R RE V IE W: K ristin A sher, P ublic Works D irector
6/18/2019
O THE R D E PA RTM E NT RE V IE W: Melissa P oehlman, A ssistant C ommunity D evelopment D irector
C ITY MA NA G E R RE V IE W: K atie Rodriguez, C ity Manager
6/19/2019
I T E M F O R WO RK S E S S IO N:
I-494 Access Reconfiguration Market Impact Evaluation
E X E C UT IV E S UM M ARY:
As part of the I -494 access reconfiguration between Lyndale and 24th Avenues the City requested that the
Minnesota Department of Transportation (MnD OT) assist in helping the City understand how those access
changes will impact the businesses along the 77th Street corridor. The City engaged the services of Visible
City to conduct a study of potential impacts to the business district along 77th Street between Lyndale and
Cedar Avenues. Specifically, key questions to be addressed in the evaluation are:
At the study area scale, what are the pros and cons of the proposed highway interchange project?
Based on the industry of businesses operating in the study area, what are the use-specific benefits
and costs?
W hat are the strongest prospective sub-sectors or uses that may find the study area characteristics
most attractive?
Based on the guided land use for the corridor and feedback from market participants, what is a
realistic estimate of near-term real estate growth potential?
At the work session, J on Commers, Visible City's Managing Principal, will share his findings and
interpretation with the City Council and Planning Commission members as well as address any questions.
D IRE C T I O N NE E D E D:
Discussion only.
B AC K G RO UND INF O RM AT I O N:
A.H IS TOR IC AL C ON T E X T
See Executive Summary
B.P OL IC IE S (resolutions, ordinances, regulations, statutes, etc):
MnD OT will be seeking Municipal Consent on the access reconfiguration later in the year.
C.C R IT IC AL T IMIN G IS S U E S:
Consideration of Municipal Consent is anticipated to be before the City Council in the fall of 2019.
D.F IN AN C IAL IMPAC T:
N/A
E.L E GAL C ON S ID E R AT ION:
N/A
ALTE R N AT IV E(S):
N/A
P R IN C IPAL PAR TIE S E X P E C TE D AT ME E TIN G:
Debbie Goettel, Hennepin County Commissioner; and MnD OT Staff