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��i <br /> Eof <br /> lk — - Request for Action <br /> River <br /> To Item Number <br /> Mayor and City Council 9.2 <br /> Agenda Section Meeting Date Prepared by <br /> Work Session January 16, 2018 Justin Femrite, P.E., City Engineer <br /> Item Description Reviewed by <br /> Retail Space in Ice Arena Calvin Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Provide direction on option for retail space in the Ice Arena. <br /> Background/Discussion <br /> Nearing the end of the schematic design phase of the project,we want to engage in a discussion about <br /> possible retail space. The concept reviewed by the City Council on December 18, 2017,identified future <br /> expansion areas intended for potential retail opportunities or other uses the community might desire. <br /> A medical services provider indicated interest in space within the facility. With early interest in this space and <br /> the likely the most competitive construction cost for this space being included up front,the design team is <br /> looking for Council direction for the final design. The area of interest is shown here: <br /> 18800. MENS O O <br /> FpICE JVNARSM <br /> a � <br /> 7 <br /> EAM 1 <br /> V'V <br /> I.T. 7 i <br /> TROPHY CASE <br /> —___---_---7—T-G II II <br /> 7-7 <br /> ` EXPANSION II EXPANSION II <br /> SPACE 1 II SPACE 2 II <br /> ALTERNATE II ALTERNATE II <br /> MEETING/ MEE ING745 SF II 1.510 SF II <br /> --- MAuAx ER PARTY 1 PAI Ty 2 <br /> II II <br /> ,.J <br /> Financial Impact <br /> Design and construction of 2,255 SF of expansion space (building shell only) is estimated at$150,000. <br /> Expected buildouts would be at the cost of the tenant. Market rate a retail space like is $15-16/sf. <br /> Attachments <br /> None <br /> The Elk River Vision <br /> A aveLcoming community with revolutionary and spirited resourcefulness, exceptional P U W E R E o R Y <br /> service, and community engagement that encourages and inspires prosperity /` UR <br />