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800 – 5th Street South Redevelopment Discussion; LindahlMEMO To: Honorable Mayor and City Council From: Jason Lindahl, City Planner Date: May 11, 2021 Subject: 800 – 5th Street South Redevelopment Discussion Proposed Action Hear an introductory presentation from Eagle Ridge Partners, owners of 800 – 5th Street South, regarding potential redevelopment of this property and provide feedback. Overview Representatives of Eagle Ridge Partners will make an introductory presentation regarding potential redevelopment of their property located at 800 – 5th Street South. The subject property is 9 acres in size and currently used as a single story business center with office, warehouse and showroom uses. A copy of their presentation slides is attached for your reference. It includes background information about Eagle Ridge Partners, a concept site plan and supporting development images. Key questions for the City Council to consider during this discussion include:  Would the City Council consider a comprehensive plan amendment to allow redevelopment of this site into a mixed use transit supportive development?  How can a redevelopment of this property best blend into the surrounding neighborhood?  What type of housing units should be considered and at what density ranges?  What building heights ranges should be considered? Supporting Documents  2040 Future Land Use Map  Applicant’s Presentation Slides Concept Site Plan The concept site plan proposes to extend the surrounding grid street layout and establishes four development quadrants. It includes a mix of attached townhouse units along the southern and eastern edges as a transition to larger multiple unit buildings to the north and west. In summary, the concept site plan includes 45 3-story townhomes and 4 separate 5-story apartment buildings. In total the concept site plan proposes 602 units on the 9-acre subject property which produces a density of 67 units per acre. Land Use A mixed use transit supportive redevelopment would require approval of a comprehensive plan amendment by both the City of Hopkins and the Metropolitan Council. Should the City Council consider a different land use for this property, it should look for guidance from the 2040 Comprehensive Plan. In this case, Future Land Use Map in the 2040 Comprehensive Plan (see attached) guides the subject property as Commerce and Employment. A change to a mixed use transit supportive development should consider the City’s Neighborhood or Centers future land use categories. The description and development characteristics for each of these districts is attached for your reference. It’s also important to remember that the comprehensive plan calls for the highest densities be located within ¼ mile of a light rail station. The comprehensive plan calls for more moderate densities in the area from ¼ mile to ½ mile of a light rail station. In this case, the subject property is located within the ¼ to ½ mile radius of both the Downtown and Shady Oak Road future light rail transit station. Conclusion Representatives of Eagle Ridge Partners will make an introductory presentation regarding potential redevelopment of their property located at 800 – 5th Street South. In this case, the City Council’s role is to review the attached materials, ask questions and provide general feedback. Cultivate Hopkins | Appendix B1: Land Use 16 Future Land Use Plan Categories The categories on the future land use map are divided into three general types: neighborhoods, centers, and districts. Each one has their own sub-types, described below. These represent a mix of compatible uses organized in defined places, rather than separated uses. This reflects the City’s commitment to using its future land use plan to create unique and meaningful places. Neighborhoods Neighborhoods are primarily residential areas of the city. While residential is the predominant use in these areas, a limited amount of complementary uses (such as small-scale public and institutional uses, places of worship, and schools) may be part of these areas. The different sub-types are categories largely based on density and urban form. Outreach during the planning process identified that residential neighborhood character is an important contributor to community livability and identity. As such, infill development in these areas should reflect and be compatible with existing character and development type. The density ranges for some of these neighborhood categories allow for infill with a range of housing types By definition, these areas contain a large percentage of the residential population of the city. There is a small employment base as well, mostly in the forms of home-based businesses and accessory uses. This plan does not assign forecasted growth to these areas, as it is expected that infill development will not significantly impact total housing units and densities. However, there are some areas, including private open space and vacant lots, where infill development could occur. The City will evaluate any development proposals that come forward for these areas based on overall policy guidance, zoning, and other development standards. Cultivate Hopkins | Appendix B1: Land Use 17 Table B1.9 – Future Land Use: Neighborhoods Sub-type Location Existing Character Planned Development Density and Scale Estate The Estate category is fully contained within the Bellgrove neighborhood along either side of Minnetonka Boulevard. Consists of relatively secluded large lot single family dwellings connected to city sewer and water services. Streets in this area follow a curved and looping design that rarely connects, creating organically shaped blocks to cul-de-sacs that limit pedestrian and bicycle mobility. Properties in this district tend to have larger footprints with attached garages and may include large accessory buildings or amenities. Large lot single family neighborhoods. Large lot single family residential should remain the primary use in this category. Densities in this area typically range from 1-2 units per acre on average. Suburban Neighborhoods in this category are located west of Highway 169 on either side of Highway 7; east of Blake Road south of Excelsior Boulevard; and southeast of Valley Park. Include Drillane, Knollwood, Hobby Acres, Campbell, Park Ridge, Interlachen, Nine Mile Cove. This area contains low density single family dwellings and golf courses. Neighborhoods in this category are designed around a modified grid street network with good access to the surrounding transportation network. Properties in this district are relatively large for Hopkins, with most having ample private yards and attached garages. Low density single family neighborhoods and accessory uses such as parks and neighborhood scaled public and institutional uses. Existing densities typically range from 2-4 units per acre. Future infill should be closer to 4 units per acre. Traditional Urban Primarily located in the midsection of the community between Highway 7 and Excelsior Boulevard. There are also standalone sections. Neighborhoods include the Avenues, Avenue West, Cottageville, Presidents, Regency, Parkside, Park Valley and portions of Peaceful Valley. Moderate density residential dwellings designed around a classic grid street network with uniform blocks and lots. Predominately single family dwellings but include a mix of duplexes and attached units. Most areas have vehicle access from a rear alley and good pedestrian and bicycle access through an established sidewalks and trail system. Moderate density residential neighborhoods and accessory uses such as parks and neighborhood scaled public and institutional uses Densities in this area typically range from 5-12 units per acre. General Urban Located in three distinct areas: along either side of 11th Avenue South; on either side of Highway 7 west of 5th Avenue North/Oakridge Road; and in the southwest quadrant of the Highway 169 and Highway 7 interchange. These compact moderate to high density residential neighborhoods include a range of attached multiple family and apartment units of varying scale and height. Designed around large blocks with internal street systems that provide good vehicle connections. Moderate to high density residential and accessory uses. Well connected via transit and support adjacent Centers. Scale and height should be compatible with existing and planned character. Densities in this area typically range from 5-40 units per acre. Cultivate Hopkins | Appendix B1: Land Use 18 Centers Centers are primarily mixed use commercial districts. They typically are in areas well-served by the multimodal transportation system (particularly transit) and are situated to serve as centers of commerce and activity for the community and region. Residential is also an important component in most of these areas, frequently in the form of mixed use buildings. While there are a range of urban and suburban development types in Hopkins, new development projects in these areas address opportunities to make areas more walkable, bikeable, and transit supportive where possible. Neighborhood Centers are the smallest scaled of the three. They are aimed at creating walkable nodes that support the surrounding neighborhood with retail and services, and provide opportunities for mixed use infill development. Activity Centers and Downtown Center are larger scaled areas, with the city’s most intensive growth patterns, including the most capacity for redevelopment. They overlap with the three planned Green Line Extension transit station areas, described in a following section. While the Downtown Center is largely already built around the principles of traditional urban form, several of the other centers have a more auto oriented, suburban development pattern. Transforming them to walkable transit-oriented districts will take not just new land uses, but changes to the underlying infrastructure. The station area plans (and the transportation element of the comprehensive plan) cover many of the infrastructure improvements needed to make those changes – including roads, sidewalks and bikeways, and other facilities. The timing of these improvements will vary – some will be completed by the Green Line Extension opening day, while others will follow in subsequent years. Cultivate Hopkins | Appendix B1: Land Use 19 Table B1.10 – Future Land Use: Centers Sub-type Location Development Type Urban Form Density and Scale Neighborhood Center Located at major intersections that serve as gateways into adjacent neighborhoods. Accommodate forecasted population and employment growth while also serving as a defining place for basic retail, service and entertainment needs. Mixed use (horizontal or vertical) and pedestrian oriented character. High quality design, pedestrian and bicycle facilities and thoughtful use of open space will be important to create a vibrant and unique center that enhances and connects with the surrounding neighborhood it serves. Smaller scale retail with neighborhood serving uses. Densities in this area typically range from 20-50 units per acre. Estimated 25% commercial and 75% residential. Activity Center Surrounds and supports the planned Blake Road and Shady Oak light rail stations along the Southwest LRT Green Line Extension. Moderate to high density mixed use development designed to complement and enhance the existing development pattern in these areas and support the public investment in transit. Expected to experience significant reinvestment and redevelopment to absorb a substantial portion of the city’s anticipated future growth. Medium to larger scale neighborhood and regional uses. Densities in this area typically range from 20-60 units per acre, with 75-150 units per acre within ¼ mile of an LRT station platform. Estimated 25% commercial and 75% residential. Downtown Center The central economic, social and civic district for Hopkins and the regi on. Moderate to high density mixed use development designed to complement and enhance the existing development pattern in these areas and support the public investment in transit. This area is expected to absorb significant amount of anticipated future growth. Maintaining downtown Hopkins’ unique identity and sense of place must be a central consideration when planning for future growth. Mixed uses (vertical and horizontal) are encouraged. Medium to larger scale neighborhood and regional uses. Densities in this area typically range from 20-100 units per acre, with 75-150 units per acre within ¼ mile of an LRT station platform. Estimated 40% commercial and 60% residential. Hopkins City Council May 11, 2021 2 Founded in Minneapolis in 1996, Eagle Ridge Partners is a privately held development, acquisition, and asset management company. We have owned, operated, and developed over $1 billion of institutional-quality commercial real estate assets in our 20+ year history. Our current portfolio includes over 3 million square feet in the Twin Cities metro area, including office, industrial, multi-family and design center properties. We focus on creating value in each transaction we engage in by utilizing a combination of experience, industry relationships and a flexible investment approach. About Eagle Ridge Partners 3 ERP Stats Founded in 1996 11 million square feet realized investments Key Market Concentrations: Silicon Valley Mpls/St. Paul Metro $300M Current Assets + $700M Historical Assets = $1 Billion Lifetime Assets Privately held development, acquisition, and asset management company with institutional quality assets 7 Investment Partners Located in Minneapolis Project Types: Office Industrial Multi-Family Design Center 3 Million Square Feet Currently Held 4,000,000 SF Transactions 7,000,000 SF Developed 4 What Sets Us Apart Experience Eagle Ridge Partners has a robust history of creating value in commercial properties through the development and execution of solid business plans. Strategy Our entrepreneurial approach enables us to be opportunistic and adapt quickly in an ever-changing market. Accountability A multi-disciplined team with years of industry experience, we personally invest alongside our partners to ensure a direct alignment of interests. Network Longstanding relationships with brokers, financial partners, municipalities, tenants and construction groups have been thoughtfully formed and proven through a history of successful transactions. 5 Portfolio Summary: Current Asset Location RSF Minneapolis Office Portfolio 1.0 Minneapolis/St. Paul Metro 914,613 54th Ave/169 Commerce Plymouth, MN 50,021 Westwood Eden Prairie, MN 73,278 Rowland Pond Eden Prairie, MN 120,709 NWBC I Plymouth, MN 84,765 NWBC II Plymouth, MN 65,624 NWBC III Plymouth, MN 24,800 SOLD - Lake Smetana Eden Prairie, MN 88,677 SOLD - Hudson Woodbury, MN 138,732 SOLD - Hwy 212 Eden Prairie, MN 32,137 SOLD - Meridian Maple Grove, MN 49,742 SOLD - Oakdale Oakdale, MN 100,600 SOLD - Nathan Lane Plymouth, MN 85,528 Minneapolis Office Portfolio 2.0 Minneapolis/St. Paul Metro 374,942 Westside 114,818 Golden Hills I 92,379 Golden Hills II 80,289 Golden Hills III 87,456 International Market Square Minneapolis, MN 347,000 Golden Triangle Station Eden Prairie, MN 345,000 One Southwest Crossing Eden Prairie, MN 246,293 Shady Oak Trenton Eden Prairie/Plymouth, MN 404,457 Shady Oak A Eden Prairie, MN 23,547 Shady Oak B Eden Prairie, MN 28,372 Shady Oak C Eden Prairie, MN 21,640 Shady Oak D Eden Prairie, MN 53,912 Shady Oak E Eden Prairie, MN 56,877 Shady Oak F Eden Prairie, MN 52,684 Shady Oak G Eden Prairie, MN 67,041 Trenton Commerce Center Plymouth, MN 100,384 Loden Apartment - Shoreview Shoreview, MN 165,756 Abbott Campus*Minnetonka, MN 280,293 14901 DeVeau Place 63,713 14851 DeVeau Place 39,386 14900 Minnetonka Indust.116,553 3700 Willison 60,637 Nathan Lane*Plymouth, MN 85,528 Hillrom*Shoreview, MN 100,130 4100 Lexington Shoreview, MN 189,338 Trimble/Baker Road*Minnetonka, MN 173,364 *ERP is Passive Investor 3,131,298 6 Eagle Ridge Experience DETAILS 553,240 SF Class B Office Buildings Shoreview, MN Acquired August 2015 STATUS 1005 Gramsie:Recognizing a need for multi-family housing in the area, we partnered with Greco Properties to demolish the vacant building and replace it with a newly-constructed apartment building, Loden SV, now 98% leased. Phase II broke ground in Summer 2020, which includes a second apartment building, Emrik SV. The development will total 400 units when complete. This was the first large-scale multifamily redevelopment project to occur in Shoreview since late 1980’s. 1020 CR F:Long-time tenant Hill-Rom extended its lease in conjunction with building renovation and was sold in August 2018. ERP remains invested with the buyer and is the property manager. 4000 Lexington: ERP invested ~$700k in renovations to lobby, common areas, restrooms, signage, landscaping and parking, and completed new and renewed leasing. The building sold in September 2017. ERP retained property management services. 4100 Lexington:Land O’ Lakes consolidated headcount at its nearby headquarters and vacated the building in Nov 2018. We have completed a full-scale renovation including addition of larger windows, open floorplan, parking, and landscaping updates. In 2020, two tenants took occupancy in the building, totaling 60k SF. Shoreview Corporate Center Eagle Ridge Partners is committed to creating a vibrant new community where residents feel connected and have the means to thrive + Home Town Feel Urban Design Done Right Community Focused •Seamlessly integrate multifamily buildings into existing neighborhood •Offer a welcoming entrance with walk-up units and central green space •Walkable, pedestrian- friendly neighborhood with natural connections •Increase value through a mix of properties •Extension of the Main Street, downtown Hopkins feel •Cultivate a strong, engaged community •Create a natural path to ownership for first-time home buyers 8 Vibrant New Neighborhood WESTSIDE HOUSING - HOPKINSWESTSIDE HOUSING - HOPKINS EAGLE RIDGE PARTNERS EAGLE RIDGE PARTNERS Submitted - April 26th, 2021 Submitted - April 26th, 2021 City Council Worksession - May 11th, 2021City Council Worksession - May 11th, 2021 800 5TH STREET SOUTH 2 ESG | ARCHITECTURE & DESIGN | WESTSIDE HOUSING - HOPKINS, MN | WORKSESSION | 4.26.2021 SITE CONTEXT N 6TH ST. S. 5TH ST. S.11TH AVE. S.5th ST. S.6TH ST. S.8TH AVE. S.7TH AVE. S.6TH AVE. S.10TH AVE. S.5TH ST. S. 3 ESG | ARCHITECTURE & DESIGN | WESTSIDE HOUSING - HOPKINS, MN | WORKSESSION | 4.26.2021 SITE CONTEXT 4 ESG | ARCHITECTURE & DESIGN | WESTSIDE HOUSING - HOPKINS, MN | WORKSESSION | 4.26.2021 SITE PLAN8th AVE7th AVE10th AVE5th ST 6th ST SuperValue 34,000 SF @ 5 LEVELS = 170,000 SF (+/- 154 DUs) 23,000 SF @ 2 LEVELS = 46,000 SF (+/- 153 STALLS) 22,000 SF @ 5 LEVELS = 110,000 SF (+/- 100 DUs) 20,000 SF @ 5 LEVELS = 100,000 SF (+/- 90 DUs) 15,000 SF @ 3 LEVELS = 45,000 SF (+/- 150 STALLS) 45,000 SF @ ~2 LEVELS (P1 and 1) = 78,000 SF (+/- 210 STALLS) 47,000 SF @ 5 LEVELS = 235,000 SF (+/- 213 DUs) 33,000 SF @ 3 LEVELS = 99,000 SF (+/- 320 STALLS) LEVEL 1 COURTYARD LEVEL 1 PLAZA LEVEL 1 PLAZA LEVEL 1 PLAZA 12 MULTI STORY TOWNHOMES7 MULTI STORY TOWNHOMES 11 MULTI STORY TOWNHOMES9 MULTI STORY TOWNHOMES6 MULTI STORY TOWNHOMES 5 ESG | ARCHITECTURE & DESIGN | WESTSIDE HOUSING - HOPKINS, MN | WORKSESSION | 4.26.2021 RENDERING VIEW FROM EAST 6 ESG | ARCHITECTURE & DESIGN | WESTSIDE HOUSING - HOPKINS, MN | WORKSESSION | 4.26.2021 VIEW OF CENTRAL PLAZA / PARK SPACE RENDERING 7 ESG | ARCHITECTURE & DESIGN | WESTSIDE HOUSING - HOPKINS, MN | WORKSESSION | 4.26.2021 VIEW LOOKING NORTH UP 8TH AVENUE SOUTH RENDERING 8 ESG | ARCHITECTURE & DESIGN | WESTSIDE HOUSING - HOPKINS, MN | WORKSESSION | 4.26.20218th AVE7th AVE10th AVE5th ST 6th ST SuperValue 34,000 SF @ 5 LEVELS = 170,000 SF (+/- 154 DUs) 23,000 SF @ 2 LEVELS = 46,000 SF (+/- 153 STALLS) 22,000 SF @ 5 LEVELS = 110,000 SF (+/- 100 DUs) 20,000 SF @ 5 LEVELS = 100,000 SF (+/- 90 DUs) 15,000 SF @ 3 LEVELS = 45,000 SF (+/- 150 STALLS) 45,000 SF @ ~2 LEVELS (P1 and 1) = 78,000 SF (+/- 210 STALLS) 47,000 SF @ 5 LEVELS = 235,000 SF (+/- 213 DUs) 33,000 SF @ 3 LEVELS = 99,000 SF (+/- 320 STALLS) LEVEL 1 COURTYARD LEVEL 1 PLAZA LEVEL 1 PLAZA LEVEL 1 PLAZA 12 MULTI STORY TOWNHOMES7 MULTI STORY TOWNHOMES 11 MULTI STORY TOWNHOMES9 MULTI STORY TOWNHOMES6 MULTI STORY TOWNHOMES SITE PLAN 9 ESG | ARCHITECTURE & DESIGN | WESTSIDE HOUSING - HOPKINS, MN | WORKSESSION | 4.26.2021 SITE SECTIONS 7TH AVENUE SOUTHNEW 8TH AVENUE SOUTH 5TH STREET SOUTH 2ND LEVEL AMENITY COURT 10 ESG | ARCHITECTURE & DESIGN | WESTSIDE HOUSING - HOPKINS, MN | WORKSESSION | 4.26.2021 PRINCIPLES Concept Site Plan Principles • The program of uses will be driven primarily by multifamily residential. • Create a flexible design and capacity study masterplan for the site allowing 4 or more development pads to be built out over time based in market absorption. • Appropreiate setbacks with walk-up three story townhomes to act as a transition to the adjacent single family homes and other uses to the east and south. • To the extent possible advocate for and work to enhace connections the site to and from the future Hopkins Greenline LRT Station with quality pedestrian routes/experiences. • Flexibility in the masterplan to insert a variety of densities, and housing types over time. • Infrastructure / Roads that minimize site costs and offer a sustainable approach coupled with density. • Creation of plaza and green space that activates building fontages and provides quality meaningful linkages to the nearby properties and neighborhood. 11 ESG | ARCHITECTURE & DESIGN | WESTSIDE HOUSING - HOPKINS, MN | WORKSESSION | 4.26.2021 THANK YOU, QUESTIONS?THANK YOU, QUESTIONS? 9 Team John Scholz Founder & Principal John Scholz is the Founder of Eagle Ridge Partners. In this capacity, he is directly involved in acquisitions, development, and asset management functions of the firm. John’s accomplishments over Eagle Ridge Partners’ twenty-year history include the speculative development and leasing of over 2.0 million SF, ground-up development and re- development totaling 2.0 million SF, and acquisitions in excess of 5.0 million SF. Combined, these transactions were over $1 billion. Prior to founding Eagle Ridge Partners, John worked at the public accounting firm Ernst & Young, and spent 10 years at The Keewaydin Group, LaSalle Partners, and The Galbreath Company. John earned a Bachelor of Science degree from St. John’s University and became a CPA in 1984, but no longer maintains his license. Kristin Myhre President & Principal Kristin Myhre is the President of Eagle Ridge Partners and oversees the firm’s operations and works closely with its internal and third-party resources to maximize portfolio returns. Kristin joined Eagle Ridge in 2012 and brings fifteen years of experience in the commercial real estate industry. She plays an integral role in the acquisitions, financial analysis, development of scope and budget for value- add investment as well as the preparation of investor and lender reporting. In her time with Eagle Ridge Partners, she has completed 2.6 million SF of acquisitions and 1.3 million SF of dispositions. Prior to joining Eagle Ridge Partners, Kristin spent ten years with Carlson Real Estate where she functioned in a number of key capacities including acquisitions, ground-up development, asset management, dispositions and leasing of office, flex and build-to-suit products. Kristin earned a Bachelor of Business Administration from the University of Wisconsin –Madison with a double major in Real Estate and Urban Land Economics and Finance, Investment and Banking and an MBA from the University of St. Thomas –Minnesota. 10 Team Shannon Van Gemert Managing Director & Principal Shannon Van Gemert is a Managing Director & Principal with Eagle Ridge Partners and oversees investor relations as well as lender compliance. Shannon joined Eagle Ridge in 2016 and brings fifteen years of experience in the commercial real estate industry. Prior to joining Eagle Ridge Partners, Shannon spent four years as a Director at CarVal Investors, where she was responsible for fund-level portfolio management and performance reporting. While at CarVal, Shannon also played an instrumental role in creating marketing and capital formation materials related to the North American real estate funds. Previously, Shannon was a member of the real estate capital markets group at CBRE Minneapolis for nine years. During this time, she assisted in the sourcing of over $1.0 billion of debt and equity capital. Shannon received both her Master of Science in Real Estate and Urban Land Economics and her Bachelor of Business Administration in Finance, Investment, and Banking from the University of Wisconsin –Madison, and continues to be actively involved in the Wisconsin Real Estate Alumni Association. Lisa Peterson Director Lisa Peterson is a Director at Eagle Ridge Partners. Lisa assists with investment underwriting and investor and lender reporting. Lisa joined Eagle Ridge in 2019 and brings six years of client service experience to the team. Prior to joining Eagle Ridge, Lisa was a Senior Investor Relations Specialist with Pine River Capital Management where she was responsible for investor onboarding and offboarding, managing the investor due diligence process, development of internal and external reporting and marketing materials. Lisa holds a CPA license and started her career in public accounting, spending time at Deloitte and KPMG in the Audit and Tax practices, respectively. Lisa earned a Bachelor of Science from the University of St. Thomas –Minnesota with a double major in Accounting and Entrepreneurship. 11 Team Caroline Heinlein Director Caroline Heinlein is a Director with Eagle Ridge Partners and assists in overseeing property management, construction management, financial, and leasing functions of a 775,000 SF portfolio in Minneapolis. She oversees the dispositions properties in her portfolio and plays an integral role in the due diligence of new acquisitions. Before joining Eagle Ridge, Caroline worked for Zeller Realty Group, managing a over 1.0 million SF Class A office building in Minneapolis, MN. In this role, Caroline developed and oversaw all budget and financial aspects of the property. Caroline started her career with Golub & Company. Caroline is actively involved in the Building Owners and Managers Association of Minneapolis and was a 2016 Emerging Leader nominee. She is also in the process of pursuing her CCIM designation. Caroline received her Bachelor of Arts degree from Trinity College, Connecticut. John Marshall General Manager John Marshall is a General Manager with Eagle Ridge Partners. In this role, he is responsible for the day-to-day operations and all leasing activity at International Market Square. Prior to joining Eagle Ridge Partners, he was with CBRE from 2018-2019 in the Advisory & Transaction services department. During this time, he focused on properties owned by Eagle Ridge Partners. John has over 25 years of demonstrated leadership experience and is an accomplished marketing and business development professional known for building teams and processes that drive revenue. He is currently partner/owner of Olives Fresh Pizza Bar in Excelsior, Minnesota. He was also a partner/founder of Element Consulting Group, an IT consulting business specializing in human resources and finance software, and previously spent 14 years with Carlson Marketing Group. 12 Team Charlie Gravelle General Manager Charlie Gravelle is a General Manager with Eagle Ridge Partners. Charlie joined Eagle Ridge in 2018 to manage a 1.2 million SF Industrial tech portfolio. Here he is responsible for bottom line performance and repositioning each asset. He comes to Eagle Ridge with 25+ years of well-rounded and accomplished management all types of commercial property. Prior to Eagle Ridge, Charlie worked with Hines, Cushman Wakefield and Frauenshuh Healthcare. Over his career, Charlie has successfully managed major property renovations and tenant construction, transitioned properties from ground up construction to a managed asset, extensive tenant and financial experience including leasing and renewals, as well as managing properties around the country. Charlie received his Bachelor of Science degree from the University of Minnesota in Urban Studies. In 2016 Charlie and his team won the International TOBY award for TRIA Orthopedic for the most outstanding medical building. Charlie earned his RPA from BOMA in 1996 and has held his Minnesota Real Estate license for over 25 years. Cullen Bergh Director, Asset Management Cullen Bergh is a Director, Asset Management, with Eagle Ridge Partners and assists in overseeing property management, construction management, financial, and leasing functions of International Market Square. Prior to joining Eagle Ridge Partners, Cullen was an Asset Manager with Biynah Industrial Partners, LLC, where he was responsible for portfolio management of 28 commercial/industrial buildings and associated tenants, ,managing capital and tenant improvement projects and producing operational and capital budgets. Cullen received his Bachelor of Business Administration from the University of Wisconsin –Madison 13 Team Bill Waterhouse Chief Engineer Bill Waterhouse is Chief Engineer with Eagle Ridge Partners. Bill joined the Eagle Ridge team in April 2020 and is directly responsible for facility operations at International Market Square as well as oversight of several additional buildings in the portfolio. He comes to Eagle Ridge with 30+ years of HVAC experience. Prior to Eagle Ridge, Bill worked for Trane Corporation, Frauenshuh Companies, Ryan Companies and DiaSorin. Over his career, Bill has successfully managed a variety of building types and brings a vast background in energy saving and project management, for both new construction and TI buildouts. Bill graduated from Control Data Institute, a technical college, attended Lakewood Community College and received two years of trade school education. Max Minea Property Manager Max Minea is a Property Manager with Eagle Ridge Partners. Max previously focused on building management and oversight of a multimillion-dollar renovation at International Market Square in downtown Minneapolis. Currently, he manages several buildings within Eagle Ridge’s portfolio, where he provides services including property management, construction management, and financial and leasing assistance. Max received his Bachelor of Finance degree from Miami University, Ohio.