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NELSON SHOE STORE PROPOSAL ~. January 10, 1985 SUBJ ECT: Hopkins HRA and City Council Kevin Locke Hopkins Mainstreet Project Manager Mason/Perkl Proposal MEMO TO: FROM: .;" Robert Mason and Don Perkl have prepared a revised proposal for the development of the 917 Excelsior Avenue West property (formerly Nelson's Shoe Store). The physical design is the same as previously proposed. It enta i Is comp I ete renovat i on of the 1600 sq ua re foet Nelson shoe store building, construction of a 3416 addition to the building on the property behind both the Nelson Shoe Store and the Preferred Travel bui ldings. Included in the project is a 900 square foot public enclosed walkway. Cost of the total project is estimated to be $ 300,000. Mason and Perkl are seeking a low interest commercial rehab loan of $200,000, to cover a portion of building renovation, the bui lding addition and construction of the public walkway. The walkway would be given to the City as a public space. Responsibi lity for the maintenance of the public walkway would be the City's. KL/ j ad -- COpy TO: William Craig Scott Renne James Kerri gan 1013 ExcelSiOr Avenue West HopkIns, MN 55343 935-8115