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A-2. Downtown Vitality: Expand Economic Development Opportunities.0 CITY OF CHANHASSEN 7700 Market Boulevard PO Box 147 Chanhassen, MN 55317 Administration Phone: 952.227.1100 Fax: 952.227.1110 Building Inspections Phone: 952.227.1180 Fax: 952.227.1190 Engineering Phone: 952.227.1160 Fax: 952.227.1170 Finance Phone: 952.227.1140 Fax: 952.227.1110 Park & Recreation Phone: 952.227.1120 Fax: 952.227.1110 Recreation Center 2310 Coulter Boulevard Phone: 952.227.1400 Fax: 952.227.1404 Planning & Natural Resources Phone: 952.227.1130 Fax: 952.227.1110 Public Works 7901 Park Place Phone: 952.227.1300 Fax: 952.227.1310 Senior Center Phone: 952.227.1125 Fax: 952.227.1110 Website www.ci.chanhassen.mn.us MEMORANDUM RANDUM TO: Todd Gerhardt, City Manager FROM: Kate Aanenson, AICP, Community Development Director DATE: October 27, 2014 1) W.// SUBJ: Downtown Vitality: Expand Economic Development Opportunities One of the priorities in the City Council's Key Financial Strategies was to expand the development opportunities in downtown: Chanhassen's downtown is often cited as a great asset. We will look at ways to increase development in the downtown, ways to support existing businesses, and work with Buy Chanhassen and the SW Metro Chamber on their efforts to support downtown Chanhassen. BACKGROUND With the rezoning of a larger portion of the downtown the city has created the opportunity for more intense development. In addition, the city is working with the Riley- Purgatory -Bluff Creek Watershed District for stormwater improvements downtown which will assist in maximizing development opportunities. ANALYSIS We have broken down the development into four scenarios. Attached is a map of downtown illustrating the sites included in these scenarios. 1. Developing Four projects were recently approved by the City Council and are shown on the attached (New Retail Downtown). They include Chanhassen Great Plains Center, Dakota Retail Center, Village Shops at Chanhassen, The Shops at Chanhassen. 2. Vacant City Ova ned The city has the parcel for sale just west of the water treatment plant. There has been interest in the property but, because of the access, an office user is best suited for the site. Chanhassen is a Community for Life - Providing for Today and Planning for Tomorrow Todd Gerhardt October 27, 2014 Page 2 3. Potential for Redevelopment • The Frontier Building connected to the Chanhassen Dinner Theater • The Colonial Square building (former Kenny's Market) • A building site in front of Byerly's (there is a use restriction with the existing restaurant in Byerly's) • Properties on West 79th Street East of Great Plains Boulevard • Properties on West 79th Street West of Great Plains Boulevard 4. Vacant Villages on the Ponds has two vacant sites. One slated is for a 30,000 square -foot office building. The second site is a 20,000 square -foot mixed -use building with retail on the first floor and housing above. CONCLUSION As housing and population continue to increase, the demand for support services, including restaurants, will increase. ATTACHMENTS 1. Downtown Scenarios Map. 2. New Retail Downtown. g: \plan\ka \economic development \downtown vitality\downtown changes.docx O W W I, m O N (n a m � 3 a� E `o Q 0 d O d 22� a C m o N = O m C � 0) Z N m N U O G t m +C+ O j N 7yy N `I m O i N N �m d d m U a O C w m d N U � o g c _ U s 2 a d m C mm' of m 3� m .L•� U � 3 o 3 � O �a C t :a C w m v i 3 IN a d CL O a > C N a � m C y C � m V d m p aw 4A W 1-1 O Z ce Z`O a�v r cc I ME T'!L F Cf� r� o a� �N m 8 m -s -� 12- '- 0 - 2 R Z,-j m ° (•� Vii Z"� C z v «+ o b � r � � y 2 � m r �ti 0 C U N � N di O C) a 3 m c � _ U o � t3�.E c = mmm � � N � p � V � � N 4J !Z r � d cy N u> c Im al � d Ql t' NYy C � O al C7 � m � U t dam U S m 4A W 1-1 O Z ce Z`O a�v r cc I ME T'!L F Cf� r� o a� �N m 8 m -s -� 12- '- 0 - 2 R Z,-j m ° (•� Vii Z"� C z v «+ o b � r � � y 2 � m r �ti 0 C U N � N di O C) a 3 m c � _ U o � t3�.E c = mmm � � N � p � V � � N 4J !Z E � c Im 3 a rz y_ E al al C7 � m � U t dam U S m 4A W 1-1 O Z ce Z`O a�v r cc I ME T'!L F Cf� r� o a� �N m 8 m -s -� 12- '- 0 - 2 R Z,-j m ° (•� Vii Z"� C z v «+ o b � r � � y 2 � m r �ti 0 C U N � N di O C) a 3 m c � _ U o � t3�.E c = mmm ^E 0- ^O \W\ W re, SIM O O U W O O 0 c ca CL X w ca O O 0 a� E O_ O N N aJ c c� U L- O tz,o � O C aJ C N :� d C) a� E O_ O N N aJ c c� U