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CR 01-059 Livable Communities Demonstration Account Application C\IY OF m May 8, 2001 HOPKINS Council Report 2001-59 LIVABLE COMMUNITIES DEMONSTRATION ACCOUNT APPLICATION- EAST CaD REDEVELOPMENT PROJECT Proposed Action Staff recommends adoption of the following motion: Move to approve submittal of application to the Livable Communities Demonstration Account program. With this motion, the application will be forwarded to the Metropolitan Council for their review. Overview As a participating city in the Metropolitan Livable Communities Program, the City of Hopkins is eligible to apply for funds through the Livable Communities Demonstration Account. Demonstration Account funds are designed to fund models for Smart Growth. The funding is an incentive to demonstrate new forms of development that make better use of land and services already in place and forge a stronger relationship between land use and transportation. Staff is recommending that the City apply for funds to be used to offset costs and add features to the East Central Business District (CBD) redevelopment project that make it a more exciting project. The application requests $825,000 for the following: Public Courtyard $200,000 Architectural Detailing $300,000 Structured parking $300,000 Improved Bus Stop $ 25,000 Preliminary applications for the funds are due May 16, 2001. These applications are then ranked and the top applicants invited to submit a more detailed application by September 14, 2001 with final awards being made in December 2001. Primary Issues to Consider The preliminary application is based on early discussions of this project and anticipated project costs. If details or project components change, the City will be able to revise the project description in the phase two application. Financial Impact: $0 Budgeted: Y/N Related Documents (CIP, ERP, etc.): Notes: Source: East Central Business District (CBD) RedevelopIDent Project City of Hopkins Hopkins, Minnesota Project Boundaries: Mainstreet to the north; 8th Avenue South to the west; 7th Avenue South to the east Contact Person: Kersten Elverum City of Hopkins 1010 18t Street South Hopkins, MN 55343 952/939-1395 Phone 952/935-1834 Fax Briefly Describe the Project Funding Category Compact, mixed-use, transit-oriented (A) Concept, Goals and Scope of Project The proposed project involves the acquisition of six commercial structures and four lots of surface parking on Mainstreet and along 7th Avenue South, Hopkins. The mixed-use redevelopment project that is being proposed would include approximately 10,000 square feet of retail/restaurant use fronting Mainstreet, combined with 60 to 100 housing units above and along 7th Avenue South. The proposed project will greatly intensify the land use on this site. Architectural design of the project is critical as it located on historic Mainstreet. The block serves as a transition from the eleven-story low-income apartment building to the east and the early 1900's commercial buildings to the west. The goal is that the overall appearance of the project should not be one big new building, but rather mimic the scale and pattern of the adjacent 800 & 900 blocks. The project is located on a regular route transit line and one block from the Southwest Regional LR T Trail. It is within walking distance to entertainment, groceries, drug stores, restaurants and a wide variety of services. Process to Date/Status The Hopkins Housing and Redevelopment Authority (HRA) has recently acquired four of the ten lots in the project area. Offers have been made on lots five and six and the HRA is waiting for a response from the owner. The City owns lot seven. The City is currently soliciting letters of interest from developers and has received letters of interest from six developers to date. The Hopkins City Council will be interviewing developers in May 2001 with the selection taking place in June 2001. Next Steps Negotiations will continue with the remaining property owners. A developer will be selected and project refinement will take place with market analysis and feedback from the residents of the city and neighborhood, the City Council, Planning Commission, Hopkins Business and Civic Association and Historical Society. Page 2 Project Components/Threshold Criteria Proposed Densities The housing component of the proposed project will have a density level of greater than 30 units per acre. It is anticipated that the development will contain 60-100 units of housing on approximately 61,000 square feet of land. Mix of Uses The proposed project will have a mix of residential units and retail, restaurant, and open space and possibly public space. However, within the six-block Central Business District are a variety of uses including an art center, movie theater, restaurants, office space, City park, retail and service uses. Housing Mix and Integration It is anticipated that the project will contain at least two housing types and/or a combination of ownership and rental. The proposed project is located in an area of public housing, low-income and affordable rental housing. The desire is to diversify the housing mix in the CBD with housing for seniors and young professionals. Employment Proximity The project is located within walking distance to a number of employers including SuperValu with over 1500 employees and a variety of businesses along Mainstreet and Excelsior Boulevard. Within the four square miles that comprise Hopkins, there are over 20,000 jobs in a variety of sectors. Page 3 Project Features Integration of transportation, housing, commercial, employment and other uses Due to the sites location in the downtown and on a transit route, the residential and commercial components will naturally be integrated into the very diverse and convenient service area. The increased number of people working and living in the downtown will support the viability of existing businesses and increase the usage of the transit line. Linkages within the site to adjacent sites/neighborhoods The site is located in the heart of Hopkins, an inner-ring suburb established in 1893. The site is on Mainstreet, the Ctiy's retail, entertainment and cultural center. The City's Mainstreet underwent a major improvement project in 1992. Pedestrian scale lighting, sidewalks reconstructed using brick pavers, and a clock tower are a few of the amenities that were included in the project. Mainstreet has become a vibrant, place largely due to the City's redevelopment efforts and the construction of an arts center and entertainment complex four blocks to the west of the proposed site. The creation of additional housing in the downtown is felt to be key to the viability of the Mainstreet area. The proposed project involves upgrading the bus stop shelter on Mainstreet, directly east of the site. The bus stop is heavily used by the residents of the Hopkins Village Apartments and Dow Towers, two low-income housing developments. Upgrades to the shelter and bus stop area will make it a more welcoming place to gather and interact and will help link the diverse communities. The City's residential neighborhood to the north of the site is very pedestrian friendly with sidewalks throughout. The Southwest Regional LRT Trail is within one block of the site. These amenities provide for recreational activities both passive and active. How the area serves/improves/provides access to employment, transportation, housing, services, recreation, community or public space The project will improve transportation by housing people directly on a transit line, provide housing through the creation of 60 to 100 units of new housing in a fully- developed city and improve access to public spaces and personal interaction through the creation of a public courtyard. Page 4 Funding Request Amount of Funding Requested $825",000 Project Component Proposed to be Funded Public Courtyard Architectural Detailing Structured parking Improved Bus Stop $200,000 $300,000 $300,000 $ 25,000 Benefits of Grant Award It is anticipated that the City's contribution to the project will exceed $1.4 million. Without Demonstration Account funds, the project will have to be scaled-back to allow for surface parking decreasing the density on the site. Amenities including the courtyard and upgraded bus stop will have to be excluded from the scope of the project. Finally, the building's fa9ade will have to be constructed of more economical materials. As such, the project will not meet the expectations of the community which views this as a very important redevelopment effort and will certainly not act as a model for redevelopment in a historic downtown. Page 5 )2 ~ 65) ."a 8 ..JIL-,"lI!. :.' 14 4"5 9 8 ~ ( 67) ( 66 ) 45 45 ~ 14" 50~ 45 12 ~I Ir-.!O 9 ~ [ri' N ~ ~ ( 54) ~ ~ (51) T ~ J ., " 45 45 . 8 7 ~ /-.r -/ :.-. (49) 4 5 45: 66 ~(:) 66 r~~ z ::;"", ' r-- 'd" ~ (99) (100 4 4 :I<t<, ' 66 ,'" " " . t....An .; 130 7 ,\ ( 1 0 !) s:; 130 8/ ~ l~ ~ 9 8 T.8 130 '3) ! I l-, I.D t:W1 ~. ~____ :0 ,'V',-l . ':;'u, to (. ,.t'f I 2 ('J ~, ,or, J i'~) u . U1 U~- '~J 15~ . , I ~;~)---:- 0) 16;t2 3;] · ir5-S , ): " g )0 ~ I .. ., o. .~ ~, . :!:3 ~' I' I . ---L- ' ) .!. '. . .0: ' ;:) '. 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