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Steering Committee Minutes Page 2 <br /> April 20, 1995 <br /> worth of commercial property. 375 acres of commercial property are located <br /> • <br /> within the current urban service area and 499 acres are outside of it. In response <br /> to Chair Minton's question, Steve estimated that approximately 100 acres of <br /> commercial were absorbed last year including Elk Park Center, although it has <br /> not been fully developed. <br /> EDA Executive Director Bill Rubin provided an overview of the Elk River Central <br /> Business District (CBD), highlighting the following topics: <br /> A. Review/define CBD boundaries- Defined the core area and extensions <br /> which include the East Main Street office corridor, Railroad Drive/3rd <br /> Street NW area, and the Jackson Avenue corridor. He identified the <br /> Mississippi River, the Otsego bridge, U.S. Highway 10 and the railroad <br /> tracks as constraints to development in the central business district, but <br /> added that they contribute to defining a central focus for the downtown. <br /> B. Existing Uses in the CBD - Bill identified existing uses including financial <br /> institutions, drug stores, automotive, professional , hospitality, medical <br /> providers, and other services providers. <br /> C. Preservation of CBD's Character- Although the CBD lacks true historical <br /> buildings, other characteristics can be implemented to create and sense <br /> of place such as signage, lighting,sidewalks, streetscapes, landscaping, <br /> etc. <br /> D. Parking Issues- Bill described the existing municipal lots. He noted that it is <br /> IIInot practical for existing businesses in the core area to provide of-street <br /> parking, but that minimal parking standards should be required when <br /> reviewing businesses just outside the core. Further out, commercial users <br /> could be required to meet or exceed the city's standards. He suggested <br /> that the city/HRA should consider adding off-street parking in the CBD. <br /> E. Riverfront Initiatives- High priority should be placed on the river pathway <br /> project which will add to the CBD's character, reinforce the community's <br /> sense of place, create a place for activity, and establish the basis for a <br /> showpiece in the city's multi-base trail system. <br /> F. Redevelopment Opportunities-These sites include: <br /> -Northwest corner of King and Main <br /> -Southeast corner of Lowell and Main <br /> -Highway 10 corridor from Main Street/10 intersection to Proctor and 10 <br /> -Jackson Avenue-Railroad Drive-4th Street triangle <br /> -Railroad Drive/3rd Street towards Gates Avenue <br /> -East Main Street <br /> Bill also mentioned the Morrell site as a possible extension of the C2 district for <br /> redevelopment. <br /> Mary Eberley suggested that design standards be established for the downtown <br /> area to identify its character. Bill added that these standards could tie into the <br /> . river pathway theme. <br />