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CR 94-212 Land Use Public Works i y \ 0 V k ~ ..,. '" . October 26, 1994 o P K \ ~ Council Report 94-212 LAND USE/MARKET ANALYSIS HENNEPIN COUNTY PUBLIC WORKS PROPERTY Proposed Action. Staff recommends adoption of the following motion: Authorize City staff to solicit consultant services to undertake a land use and market analysis study of the Hennepin County Public Works Property. With approval of this action staff will prepare a request for proposal and solicit consultant services. Staff would return back to the Council for the actual award of contract for the serVlces. Overview. As part of the November 1st HRA agenda there will be consideration glven to approving in concept an option agreement with Hennepin County for the possible purchase of the Hennepin County Public Works property. Based on this action, staff is requesting authorization from city Council to solicit consultant services to undertake both a land use and market study/analysis of this property. This analysis would include the following: 0 From a market perspective what lS developers interest in this property and what is the highest and best use? . 0 What concerns do the surrounding properties have as it relates to the development of this site and how would they like to see the property reused? 0 What is the most beneficial type of development for the City? 0 Land use/design requirements which should be part of any project. 0 Identification of necessary infrastructure improvements. The above work could require two separate contracts as market and land use expertise are usually not found in the same firm. city staff would work close with the consultant to insure that the appropriate issues are addressed, the proper organizational individuals from the Community are involved, and to keep the costs of this work as low as possible. AI terna ti yes . 0 Approve Staff recommendations. 0 Do not approve staff recommendations or approve it with modifications. 0 Continue matter for further consideration and information. /) /// , .~/~ \ James D. Ditector Economic Development