PROJECT LOCATION 1st tier suburb Population of 22,000

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Presentation transcript:

PROJECT LOCATION 1st tier suburb Population of 22,000 City is 7 square miles in size – fully developed Project area-NW corner of I-694 and I-35 W (2nd busiest in metro) 100 acres – split in half by Old Highway 8 NW Adjacent uses include Long Lake Regional Park, 2 lakes, the New Brighton Community Center, other light industrial uses

PAST USES Stockyards Propane distribution Trucking terminal 2 rendering plants, dump Asphalt recycling Post office Railroad spur Gas stations, oil refinery Various other commercial / industrial uses

Site Conditions – Year 2000

STUDIES & PLANS City actively in redevelopment mode since late 1970’s Smaller incremental projects over 25 years – lots of focus on the Old Highway 8 Corridor 1986: New Brighton Old Highway 8 Corridor Plan 1997: Vision for the Heart of the Community 2005: NW Quadrant Framework Plan & Design Guidelines

ENVIRONMENTAL Demolish 20+ buildings – site clearing Due diligence investigation, well sealing, asbestos West Side: 2 state superfund sites – Trio Solvents & Northwest Refinery Petroleum impacts from 2 former gas stations Debris removal in former rail spur Geotechnical corrections (100,000 yards +) East Side: Old Miller Dump – 1960’s era dump with 1 million cubic yards of material (garbage & debris) Rebuild ¼ mile section of Old Highway 8 Construct 8 regional-use stormwater facilities

Almost 50% of area was impacted Largest effort was Old Miller Dump closure

DUMP CLOSURE Consolidate & develop around Landfill gas collection system Cap Monitor

Dump Closure Complete

Intergovernmental Cooperation MN Pollution Control Agency Liability assurances to City and development partners RAP review & approval Environmental Protection Agency Brownfields Grant Program Dept. of Employment & Economic Development Contamination Clean-Up Grants Metropolitan Council Livable Communities Grants Ramsey County Environmental Response Fund Grants

FINANCIALS $28 million in acquisition/relocation costs $9.8 million in grant funds secured 2 TIF districts (2 Hazardous Substance Sub-Districts) $38 million in G.O. bonds $13 million loan (current value) from the City’s redevelopment fund Will repay w/interest based on TIF generated Special legislation on 3 other City TIF districts allowing pooling to 31 & 32 Special legislation extending duration for 31 & 32 by 4 years

Current Development

Current Development Blocks B (150,000 SF – 300,000 SF) & D (50,000 SF – 80,000 SF) being marketed!

Questions?