Attend the Downtown Minneapolis Neighborhood Association meeting tomorrow night and share your opinion on this proposed development.
Tuesday, November 8, 2011
Location: Central Library, Room N-202, 300 Nicollet Mall
*The CPED update on 1100 2nd St. S. has the potential to negatively affect Gold Medal Park and the Mill District Neighborhood.
If you can't attend the meeting please email DMNA Board Member Eric Laska - email@example.com - with your opinion of this topic.
A manufacturing facility, including loading docks ("wholesale customer pickup"), is being proposed by the City of Minneapolis right across the street from Gold Medal Park, the 35W Bridge Memorial, and the Bridgewater Lofts in the Historic Mill District of Minneapolis.
The facility would sit between Gold Medal Park and the planned Park Vista Condominiums planned by developer Jim Stanton.
Park Vista would generate over $1,000,000 in licensing and inspection fees to the city for construction, and in excess of $1,500,000 per year in property taxes annually.
Should the manufacturing facility move forward it is doubtful that Park Vista would be viable. The manufacturing plant would be directly next door to, and between the park and condos.
Maybe Stanton could rename the development "Truck Dock Vista"...is this really the best use of this land?
One more thing, Stanton was the highest (and only) bidder on this parcel under the original RFP, offering MORE than market rate based on comparable recent sales. What is really going on here?
From the RFP offering this site for sale:
The Site has an excellent corner location in the Mill District at the intersection of 2nd Street South and 11th Avenue South. The Site has spectacular views of Gold Medal Park – located across the street – the Guthrie Theater, and the Mississippi riverfront...The City would also like to see a development that contributes to the vibrancy of the Mill District area.
Description of the development:
This City-owned .22-acre site is currently a vacant lot. City staff members are currently discussing a sale of the property to a local company that would construct a new 1½-story, approximately 5,800 square foot building that would include space for light manufacturing, wholesale customer pickup, demonstrations to corporate and small groups, and administrative offices. The Minneapolis Plan for Sustainable Growth identifies this site for Mixed-Use. The proposed uses are permitted under the existing I1 zoning but the proposed project has not been through a formal zoning review and approval process at this time. Grant funds, if awarded, would be used for soil remediation and the installation of the vapor mitigation system.
This development hardly meets this criteria - "The City would also like to see a development that contributes to the vibrancy of the Mill District area."