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Planning & Development Presentation; Elverum MEMORANDUM TO: Honorable Mayor and Hopkins City Council Members FROM: Kersten Elverum, Director of Planning & Development DATE: January 12, 2021 SUBJECT: Planning & Development Presentation Purpose The January 12, 2021, City Council work session will include a presentation from the Planning and Economic Development Department as the first in a series of updates and recommendations from City departments in 2021. Summary The presentation will include a high-level overview of some key issues that will be before the City Council in 2021 and beyond. The intention is to identify those issues that require a more in depth discussion with the Council in the future. Staff will also use an interactive exercise to identify key opportunities and areas of concern that will also inform future discussions. Next Steps Issues that are identified as needing additional staff/Council discussion will be brought forward at subsequent City Council work sessions. The end goal is to better understand the City Council’s idea of success regarding future development and the implementation of Cultivate Hopkins, the City’s Comprehensive Plan. Planning & Economic Development Planning & Economic Development Kersten Elverum, Director of Planning & Development AGENDA Update Biggest issues, challenges & opportunities Identify areas of additional discussion ULTIMATE GOAL To better understand the City Council’s idea of success in implementing the Comprehensive Plan Map Exercise Identify Opportunities to Improve Note specific concern or idea Return when you are finished Downtown Hopkins Historic District Application to the National Register being prepared Result of the SW LRT 106 Review Process involves notification of property owners in district; majority must accept Downtown Hopkins Historic District Tax Credits & Tourism Community pride How do we capitalize? Masonic Lodge –905 Mainstreet State & Federal Grant Eligibility Fundraising Accessibility Improvements Green Line Extension: Downtown Hopkins Station Green Line Extension: Blake Road Station Green Line Extension: Shady Oak Station Shared Station with Minnetonka Longer term redevelopment FTA and State Bonding Dollars Complicate Met Council-owned excess property Housing Affordable housing Senior Housing: active vs. full continuum of care Owner-occupied ADU’s Affordable Housing Senior Housing Owner-occupied Housing Limited opportunity to create new owner-occupied housing Land cost Market forces Financing Warranty issues Limited opportunities include townhomes on select sites and senior cooperatives Questions/Other Issues? Racial Equity Connections Underutilized property Strategic property acquisition Public Art & the Artery Parking Affordable commercial space Sustainability Zoning Code re-write Business assistance programs Branding/Marketing The list is almost endless….