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As a result of these private investments, the City was able to <br /> expand the King Avenue parking lot and construct the long- <br /> awaited River's Edge Commons Park. <br /> In 2010, the City purchased the parking lot behind the Sunshine <br /> Depot block. This purchase retained approximately 70 parking <br /> spaces in public ownership. <br /> In 2012,the Elk River Lutheran Church began redevelopment of <br /> the former 1s`National Bank building into their new worship <br /> center. Included in the improvements was an easement to <br /> provide a trail along the river, a landscaped refuge center near <br /> Main Street, and a community room overlooking the river. <br /> In 2012, the HRA, due to poor building conditions and rising <br /> maintenance costs,removed the Main Street Mall at 720 and 716 <br /> Main Street. In their place, a 28 stall parking lot was added. <br /> As part of its exploration and understanding of the study area, the <br /> Task Force considered the following conditions and issues: <br /> • Previous Relevant Studies <br /> • Natural, Cultural and Recreational Amenities <br /> • Market Conditions <br /> • Transportation and Infrastructure <br /> • Historic Context <br /> Draft as of November 5,2012 -Part I,page 20 - <br />