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Handout Item 9.1 11/16/2020 <br />My name is Bob Owens. I live at 1790 Tipton Cr NW in Elk River. I moved <br />here 6 years ago from Coon Rapids. I enjoy the city of Elk River and all it offers its <br />residents. From the parks to the local eateries and shoppes this town has <br />something to offer everyone! I would like to invest in the city myself in the form <br />of two 6-unit apartment buildings. I have owned and managed my own building in <br />Columbia Heights since 2006 as well as managed and maintained buildings near <br />mine for other owners. <br />Each building would have 6 units with 3 bedrooms and 1 bath per <br />apartment to help address the shortage of 3-bedroom units available in the city. <br />The Main Street location would also offer balconies to 4 of the units that would <br />give a beautiful view of Lake Orono. The city’s Comprehensive Plan states that Elk <br />River is projecting continued population growth and additional housing will be <br />needed. I, along with my family, would love to be a bigger part of the city with <br />this housing investment. <br />I am excited to hear your thoughts and willing to adjust the plan as needed <br />to accommodate the properties in question. <br />Thank you for your time! <br />Bob Owens <br />