|
ket closed that it expects lower third-quarter profits
<br /> because of rising raw materials costs. Page D2
<br /> Tuesday, September 14, 2004 • Section
<br /> Ales Red tape ' ,
<br /> -22 000 thicker
<br /> ceiling now are priced in some ,
<br /> petitive market,"said
<br /> i Theisen, presidento
<br /> outhern Twin Cities : cities than
<br /> ,
<br /> on of Realtors."Prop
<br /> ed homes bring mul-
<br /> ss;overpriced homes i
<br /> ig no activity."
<br /> n others i _ , -
<br /> iarket has a 4'/z;month
<br /> (homes for sale;afive- * Tuesday,September 14. 2004
<br /> iupply is considered Study lists time
<br /> 1 between buyers and SURVEY from DI.
<br /> needed to get
<br /> continues oa,°4' local approval Minneapolis projects take
<br /> listings an
<br /> up more than
<br /> 360 days, St. Paul, about 390
<br /> By Terry Fiedler
<br /> Star Tribune StaffWriter
<br /> Minneapolis projects take up administrator—Oakdale came
<br /> A soon-to-be released devel- to 360 days while St.Paul proj- in at 300 days,at the lower end
<br /> oprnent study that includes 78 ects take up to 390. But many of the process scale—said that
<br /> Twin Cities communities shows communities took less time. while the data might be useful,
<br /> some substantial variations in i Prior Lake's hypothetical pro- what they don't measure is that
<br /> the time it takes for a typical cess took 240 days. different cities have very differ-
<br /> project to navigate local gov- Many exurban communities ent priorities and different ways
<br /> o ernment processes. required more time because of pursuing them that might be
<br /> The state chapter of the Na- small staffs are grappling with totally appropriate.
<br /> tional Association of Industrial suddenly burgeoning growth. Maas said that reported fees
<br /> and Office Properties (NAIOP)r
<br /> , Hassan Township in Hennepin were in a fairly narrow band.
<br /> called the study the most corn ! County required 450 days, in In Oakdale rezoning, plat
<br /> prehensive look at processing j addition to a 45-day pre-appli- reviews and other reviews and
<br /> 1T-- .7!
<br /> r _7time and fees that's ever been cation review building permits could be ac-
<br /> '2„'I=''':'':,::''---:f§-1,.4i'i'..,r,f.eg,--fi.,i4!4.1-r �r ^ _ done in a metropolitan market. Time is money in develop quired for the hypothetical
<br /> NAIOP targeted 100 key ment,”said Tom Musil,director building for about$20,000.The
<br /> Twin Cities area communities of the real estate department at same was true in Albertville,
<br /> for participation in the survey, j the University of St.Thomas. Bloomington and Minneapolis.
<br /> which asks city officials to esti-
<br /> ' At the same time,he added,
<br /> le r mate processing times and fees "Developers have a partner and Terry Fiedler is at
<br /> 3 for a 50,000-square-foot office- I that partner is government." tledler@startribune.com.
<br /> .',r' warehouse building on 4.1 acres CraigWaldron,Oakdale's city
<br /> § of land that would need to be re-
<br /> Ur , ' zoned from residential nun,oses
<br /> , x, to commercial.
<br /> - NAIOP c'
<br /> x,,47, Kent Carl°of
<br /> i 404,4 ,
<br /> at Mirw
<br /> -g - ` , Corr > .
<br /> i,,,'s ' 9 ii 3 . be/0
<br /> �f _ , l,c "c. N 1
<br /> F _
<br /> eberg/Assn ui 0 L: ca m m
<br /> mount' cDo "_� aa' c
<br /> Slav Z c.— w Ls 1)
<br /> 11
<br /> = -Q- E O c _.
<br /> CFC"' m ;cu.n ° 0 I
<br />
|