7.3. SR 09-17-2018 - Laserfiche WebLink

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Owner: Briggs Companies Elk River Project: RIVER WALK Apartments / Saxon site $ubjeCt: Narration of Project -River Walk Apartments - Presented By: The Briggs Companies REC�Ew� JUL 3 0 2018 The existing Saxon site is where the Briggs Companies will pursue a new updated use that will fall inline with the new updated guide plan for this zone. The Briggs Company believes this will be a much-needed uplift to the city and surrounding community. It is our goal to bring more public use to this site and extend the residential opportunity to what currently presides to the South of this location. The new concept lends itself to a very unique and progressive design and use. It is also our intent to CO - LABOR and combine the current river front to the existing boat launch and park on the North side of the bridge. The Briggs Company understands that this is not just a city of Elk River effort in relation to the River front and is willing to connect with all required entities to accomplish this much needed goal. By addressing this issue the current very dangerous (see packet- provided by the city police department) and abused area at the river front which includes many vagrants (that continue to abuse and vandalize property in the area) will now become a community asset. Together we will provide a people movement and use that will give the city of Elk River a wonderful park and destination. We feel the only way to stop this abuse is to re- purpose with a very progressive designed family living community that invites all city patrons as well our new residents at River Walk Apartments. The Briggs Company feels that the only way to overcome this issue and make this site operate within the guided comprehensive plan set forth by the city of Elk River, is for the Briggs Company to donate the river front property in Lou of Park Dedication Fees along with a 26 year TIF mechanism to this project. By working together to provide walkable paths, canoe racks, fishing docks and bathroom facilities, we strongly feel by connecting our proposed concept to this river front will end the current issue that currently exists in this location.