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Elk River <br /> 11111 Downtown Riverfront Redevelopment <br /> Project History <br /> Fall 2000 HRA authorizes staff to complete Downtown Redevelopment Plan to identify priority <br /> redevelopment sites and guide desired development. <br /> 2001 <br /> March HRA directs staff to research details of two Main Street properties for sale (ECM Publishers) <br /> April HRA considers information on property sale and directs staff to work with private <br /> developers for redevelopment proposals for the site/area. Staff sends listing agent a list of <br /> developers specializing in retail/office mixed use developments. <br /> April Staff receives interest in redevelopment from property owner, Nadeau's, and interest from <br /> two developers: Kraus-Anderson/Best&Hempel and Marly Glines/Dynamics Design. <br /> May Joint worksession between HRA,Planning Commission &River's Edge Assoc. <br /> Staff presents results of market analysis, and assessment of building condition&historic <br /> significance for discussion of redevelopment opportunities. <br /> May Staff request preliminary development concepts from two interested developers for review <br /> • and discussion by HRA. Riverfront property owners notified of developer interest. <br /> June Joint worksession with HRA,Planning Commission &River's Edge Assoc. Group identifys <br /> the redevelopment of ECM Publisher/Riverfront property as a priority project. <br /> HRA considers presentation of development concept by Best&Hempel. <br /> HRA provides feedback on development concept including: <br /> • sufficient parking <br /> • amount of housing <br /> • sufficient land area for proposed project <br /> • financial feasibility <br /> HRA directs staff to work with developer to present financial feasibility and proposal for <br /> HRA assistance. <br /> July Heritage Preservation Commission (HPC) recommends completion of historic context study <br /> prior to HRA action on development proposal for downtown Elk River. <br /> August AMCON Construction requests information on any redevelopment opportunities. <br /> • <br /> S:\EDA\HRA\DOWNTOWN\RI V ERFRO NT\P ro j His t ory.d o c <br />