Memo Redevelopment of Suburban Chevrolet � CITY OF HOPKINS
MEMORANDUM
DATE: MARCH 1, 1994
TO: HONORABLE MAYOR AND CITY COUNCIL
� FROM: PAUL T. STEINMAN, COMMUNITY DEVELOPMENT SPECIALIST
RE: REDEVELOPMENT OF SUBURB�AN CHEVROLET
Discussion of the Suburban Chevrolet site redevelopment is
scheduled to be one of the Council Worksession agenda items on
March 8, 1994. There appear to be a number of questions which
need to.be addressed in order to facilitate redevelopment of
the site in a timely manner. These questions appear relevant
whether or not the City acquires the property at this time.
� These include:
o What would be an appropriate process to follow
to select a developer for the site?
o What would be the most desirable use for the
site?
o What level of public assistance is the Council
willing to consider to facilitate
, redevelopment?
In conjunction with the first question, staff has mailed a
three page questionnaire (attached) to each of the five
developers who have expressed an interest in undertaking a
� project on the Suburban Chevrolet site. The questionnaire is
to be returned by March 14, 1994. The purpose of the
questionnaire is to provide the Council and staff with
additional information on each proposal.
The Council is asked to provide direction to staff regarding
the process to be used to select a developer. There are a
number of alternatives which could be utilized:
• o Council interviews each developer and makes a
selection.
� o Staff interviews each developer and makes a
recommendation to the Council.
o Form an interview committee potentially
composed of one or two Councilmembers, staff,
HBCA Board members, or Z& P Commission
members.
Once a selection has been made, a Preliminary Development
Agreement would be executed. The Preliminary Development
Agreement would detail a number of items from the City's and
Developer's prospective, which would need to be accomplished
prior to proceeding with a full Development Agreement.
In conjunction with execution of the Preliminary Development
Agreement items, staff would recommend demolition of the
existing buildings. This is based on the assumption that the
proposed redevelopment requires it. It appears that in order
for environmental issues to be addressed, demolition of the
buildings has to occur. Any developer interested in the site
will need to have all environmental contamination remediated
prior,to being able to obtain financing. Therefore, it is the
staff position that demolition and environmental remediation
� should take place as soon as possible to facilitate
redevelopment within a timely manner.
�