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Memo- 8th Ave Revevelopment - Developer TourMEMO To: Honorable Mayor and City Council From: Tara Beard, Community Development Coordinator Date: September 10, 2010 Subject: 8th Avenue South Redevelopment — DeveIoper Tours A tour of properties developed by the three respondents to the 8'h Avenue South RFP has been scheduled for the worksession of September 14"'. The purpose of the tour is to provide additional inforniation about each of the developers by seeing first hand recent properties they have realized. Aspects to consider include outdoor spaces, retail treatment, and material and finish quality. The tour schedule is as follows: 5:30PM — 6:OOPM: 808 Berry St, St. Paul Developer: Dominium Residential Units: 187 market rate units, 80 affordable units, 267 total apartments Commercial: N/A y fti _ - `�•Si . _ - tf,^i�, a ''�.� � _ .ate � •i�..h o (p a x0,6n A,a _ Oh. A..o 286 66 `g x v § u tL T H 3�G' S ? u 3 � 3 %✓ 06 idly ED CL2l _ J. 3 Lial A 6:30PM — 7:OOPM: Hiawatha Flats, 3625 East 43rd St, Minneapolis Developer: Klodt Incorporated Residential Units: 233 market rate apartments Commercial: N/A _ EEh3t Eaa„o ss- i Axl 5 _ 6 .'v 7:30PM — 8:30PM: Kensington Park, 7600 Lyndale Ave S Developer: Cornerstone Residential Units: 96 market rate condos, 14 townhomes Commercial: 27,000 square feet in E7;,eSt- c_r Attachments: 808 Berry St materials Hiawatha Flats materials Kensington Park materials U R 808 BERRY PLACE St. Paul, Minnesota TYPE OF PROJECT 267 Luxury Apartments 30% of units affordable (50% AMI) ARCHITECT Walsh Bishop Associates CONSTRUCTION, MANAGEMENT Weis Builders, Inc. DOMINIUM'S RESPONSIBILITY Real Estate Development Project Financing Legal and Environmental Services Design and Construction Management Property Management Section 42 Compliance FINANCIAL PARTNERS LaSalle Bank N.A. Ramsey County City of St. Paul, MN Dougherty & Company, LLC Paramount Financial Group, Inc. Minnvrest Bank Bremer Bank TOTAL DEVELOPMENT COST $45,000,000 SIZE 3.6 acres (site) 844,444 sq. ft. (building) COMPLETION DATE May 2004 St. Paul, Minnesota 808 Berry Place is a 267 -unit apartment building that is part of a larger redevelopment district located near University Avenue and Highway 280 in Saint Paul, 1l1inn. The two - block site consisted of run-down industrial buildings and a few homes. Dominium has completely= redeveloped one block of the site into luxury rental housing, with 30 percent of the units set aside as affordable rental housing. Wellington Management and Hunt Associates built luxury for -sale housing on the other block. Our design concept for 808 Berry= Place is meant to fit within an urban warehouse redevelopment district. The basic building consists of four wings that form a rectangular block, with a large courtyard area in the center. All units will have excellent views of the surrounding cityscape or of the interior courty=ard. The courtyard is highly developed z�7tln a swimming pool, spa, deck areas, gazebo, arbors, fountains, and extensive landscaping. The interior common areas feature a fitness center, business center, pool and amusement room, theater room and a large gathering space overlooking the courtyard. The exterior of the buildirng is styled as a warehouse -inspired multi -colored brick block with lighter -colored stucco and siding on the upper floors. The clubhouse and loft areas have a mansard treatment clad with a metal roof. The majority of the building is flat - roofed. Large window areas and a great degree of facade articulation complete the elevations. 808 Berry Place is located less than half a mile from Tower Hill Park in St. Paul and less than three-quarters of a mile from the ilrississippi River Parkway. The site's proximity to University Avenue, State Highway 280, Interstate Highway 94, and Interstate Highway 35 provides easy access to all parts of the metropolitan area. Residents of 808 Berry Place are able to drive or take a bus to downtown Minneapolis or downtown St. Paul in 10 minutes and to either the I /linmeapolis or St. Paul campus of the University of 1\finnesota in less than five minutes. e s St. Paul; MN Emp m x x r V Unit 1 858 sq- ft. 3525 55406 0 6i2.722.9500 0w4,�v,tdav,aaseflacs.nez FINM Emp A unit 1 W 820 sq. ft. 0 3625 E.=s[ 43rd S5406 0 611122,9500 v,�v:v hia4aathailats nec F LJ C A R