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Request for Proposals <br />2017 Downtown Redevelopment Project Page 3 of 7 <br />- - - - - - - - - - - - - - - - - - - - - - - - - - <br /> <br />The City of Elk River, in collaboration with the above entities seeks to achieve the following <br />objectives for the proposed development site: <br /> Development consistent with the approved land use guidance included in the <br />Comprehensive Plan and the Mississippi Connections Plan. <br /> High density, mixed use, market rate residential development as the most predominant land <br />use. The proposed development shall also target a specific group such as artists or <br />entrepreneurs. <br /> The inclusion of an Innovation Center or Collaborative Workspace designed for the needs <br />of growing small businesses and entrepreneurs complete with an executive conference room. <br /> Pedestrian oriented retail and service use space on ground level adjacent to fronting Main <br />Street. <br /> Structured above and below ground parking to address the increased parking needs resulting <br />from the development. The parking areas used for development must be accounted for <br />within the new development. <br /> Innovative shared parking facilities/arrangements within and/or beyond the boundaries of <br />the development site. <br /> High-quality, public or quasi-public greenspace at ground level or on the rooftop. <br /> Work with existing businesses on possible relocation options, to include multiple phasing of <br />the project to accommodate relocation if needed <br /> Pedestrian corridor improving access to the core downtown area from Highway 10. <br /> An enhanced pedestrian environment along Main Street corridor. <br /> Innovative project elements that enhance the long-term environmental sustainability of the <br />development. Applicants are encouraged to propose LEED Certified Building Concepts. <br /> Indoor family-friendly amenities such as a pool, or playground, and multi-bedroom units. <br /> <br />Environmental <br />Specific testing will be needed when development plans are formulated. <br /> <br />Eligible applicants <br />Applicants may be either for-profit or non-profit developers and may include a partnership of both. <br />Applicants must have a proven record of delivering projects and at least 10 years of professional <br />experience, demonstrated success in managing redevelopment projects, demonstrated ability to <br />collaborate and partner with local stakeholders, and the ability to obtain sufficient financing. <br />The selected developer should have a history and reputation for developing well designed, well <br />managed, safe, market rate rental and ownership. <br /> <br />N:\\Departments\\Community Development\\Economic <br />Development\\HRA\\Administrative\\Agenda\\2017\\12.01.2017\\8.1 at1 2017 RFP For High Density-Mixed Use Residential <br />Downtown ER v3 (Final).docN:\\Departments\\Community Development\\Economic Development\\HRA\\1 HRA Case <br />Files\\Trunk Hwy 10 and Main Street Redevelopment\\2017 RFP For High Density-Mixed Use Residential Downtown ER <br />v3 (Cal Zack Mikaela and Jenny B Reviewed).doc <br />