5.1. HRSR 06-05-2005 - Laserfiche WebLink

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DowHtoww RevitalGzatiaw n&A Newsletter Enhancing Downtown Elk River's Role As a Vital Retail, Commercial and Residential Area. Q. A. Q A. Q. .~. What is the latest news on the Downtown Revitalization Project? The King Avenue parking lot improvement project got under- way on May 2 when demolition began of the former Elk River Municipal Utilities building. The project will add about 70 parking spaces downtown and is expected to be completed in early July. Construction will then begin on the Jackson Place development. Once the U.S. Bank build- ing is vacated and demolished this fall, con- struction will begin on The Bluffs of Elk River development. Both developments are expected to be com- °. pleted by the end o of 2006. The City's ~, Housing and E Redevelopment Authority (HRA) and MetroPlains Development have been planning this project over the last several years. Can you tell me more about the King Avenue parking lot improvement project? Improvements to the King Avenue parking lot will add about 70 spaces for downtown customers, visitors and employees when redevelopment begins this summer. In addition to the removal of the former Municipal Utilities building, the project will involve the permanent closure of the King Avenue access to Highway 10. Half of the King Avenue parking lot will remain open for parking throughout reconstruction. The schedule calls for the parking lot to be substantially complet- ed in early July. While construction of the lot is taking place, parking is also available in the Jackson Square parking lot or in the lots across Highway 10. On-street parking is also avail- able where appropriately signed. Will the parking lot improvement project impede traffic downtown and make it more difficult to get around? No. The only change in traffic flow is the closure of the King Avenue access to Highway 10. With that exception, traffic will flow normally. Q. What are the details of the Jackson Place and The Bluffs of Elk River developments? A. Jackson Place is located on the northeast corner of Jackson Avenue and Main Street. It includes approxi- mately 10,000 square feet of first floor commercial space along Main Street and Jackson Avenue; 32 rental housing units on the upper two floors, and underground parking for employees and rental housing tenants. The property is currently aCity- owned parking lot. The Bluffs of Elk River is located on the southwest corner of Main Street and County Road 42. It includes about 10,000 square feet of commercial space on the first floor along Main Street; 67 for-sale condominiums on the upper three floors, underground parking for employees and homeowners, and a plaza on the corner of Main Street and County Road 42. The property currently includes four buildings on three sites along the Mississippi River. (~. How can I find out more about the availability of housing and retail units in the new developments? A. For more information on the availability of residential or commer- cial units in Jackson Place, visit www.jacksonplace.com or contact the Jackson Place voice mailbox at 763-241-4004. Someone will get back to you promptly. For information on hous- ing units in The Bluffs of Elk River you may call 612-720-6956 and for information on retail space you may call 763-241-4004. Q. A. What is the latest on the King Avenue Parking Lot Task Force? The King Avenue Parking Lot Task Force, composed of down- town business and property owners and one downtown resi- dent, worked with the City regarding design and enforcement issues for the King Avenue parking lot. The group provided input on the parking lot design. The Elk River Housing & Redevelopment Authority will consider the Task Force's recommendations on parking lot enforce- ment in early June. M E T RO ~'.~a,~~-s DEV ELOPMENTPROPERTIES~ MANAGEMENT Architect's rendering of Jackson Place at Jackson Avenue and Main Street.