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2020.11.17 EDA Work Session PacketAGENDA ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF CRYSTAL  WORK SESSION  TUESDAY, NOVEMBER 17, 2020 IMMEDIATELY FOLLOWING THE EDA MEETING FOLLOWING THE 7:00 P.M. CITY COUNCIL MEETING CRYSTAL CITY HALL COUNCIL CHAMBERS 1. Call to order * 2. Roll call * 3. Potential redevelopment concept for 63xx-64xx 56th Ave. N. (Bass Lake Road) 4. Update on Bass Lake Road Strip business district marketing project* 5. Adjournment * *Items for which no materials are included in the packet Page 1 of 1   __________________________________________________________________________ FROM: John Sutter, Community Development Director DATE: November 12, 2020 TO: Anne Norris, Executive Director (for November 17 EDA meeting) SUBJECT: Potential redevelopment concept for 63xx-64xx 56th Ave. N. (Bass Lake Road) Ron Clark Construction (RCC) has developed several multifamily residential projects across the metro area, including Compass Pointe at 62nd and West Broadway in New Hope, and is in the process of developing others including Shady Oak Crossings in Minnetonka and The Morrison in downtown Rosemount. At the Sep. 1 work session, the EDA learned that RCC is exploring redevelopment of the strip of buildings on the north side of Bass Lake Road (63xx-64xx 56th Ave. N.) Since then, RCC has prepared a preliminary concept plan for a 4-story, 127-132 unit market- rate apartment building on the site, roughly similar to The Morrison being developed in downtown Rosemount. RCC is also working on a preliminary financial proforma and staff intends to have information about the potential development scenario at the Nov. 17 work session. The concept plan is attached. Staff requests EDA discussion so we may provide feedback to the developer about this potential project. EDA STAFF REPORT Potential Redevelopment 63xx-64xx 56th  127-132 Units 4 Story Apartment Garage Entrance Secondary Entrance Main Entrance Patio Plaza Below kaas wilson architects Steven Scott - Crystal ApartmentsSITE PLAN 2.0 03/12/20 1" = 50'-0"1 SD Site Plan PARKING Level Type Count Level -1 131 Level 1 16 147 Gross Building SF Level -1: 49,000 SF Levels 1-4: 33,400 SF Total: 182,600 SF Roof Top Deck 8 9 10 49,016 ft² Area Color Scheme Legend Garage CORE 1112 kaas wilson architects Steven Scott -Crystal ApartmentsFLOOR PLANS 3.0 03/12/20 1" = 40'-0"1 Level -1 8 9 10 1112 6,797 ft² Units Color Scheme Legend 1BR Circulation Common Area Core 3,940 ft² Units 5,018 ft² Amenity 6,293 ft² Units 952 ft² Units 2,016 ft² Amenity 1,792 ft² Units kaas wilson architects Steven Scott -Crystal ApartmentsFLOOR PLANS 3.1 10/22/20 1" = 40'-0"1 Level 1 8 9 10 1112 6,443 ft² Units 16,430 ft² Units 5,956 ft² Units Color Scheme Legend 1BR Circulation Core kaas wilson architects Steven Scott -Crystal ApartmentsFLOOR PLANS 3.2 10/22/20 1" = 40'-0"1 Level 2-4