10-10-2023 EDC Agenda PacketA.5:30 P.M. - CALL TO ORDER
B.OATH OF OFFICE
B.1 Oath of Office
C.APPROVAL OF AGENDA
Commissioners may add or delete items at this time.
D.APPROVAL OF MINUTES
D.1 Approve Economic Development Commission Minutes of September 12, 2023.
E.VISITOR PRESENTATIONS
F.DISCUSSION / GENERAL BUSINESS ITEMS
F.1 SWOT Analysis
G.DIRECTOR'S REPORT
H.ADJOURNMENT
AGENDA
CHANHASSEN ECONOMIC DEVELOPMENT COMMISSION
TUESDAY, OCTOBER 10, 2023
CITY COUNCIL CHAMBERS, 7700 MARKET BOULEVARD
1
Economic Development Commission Item
October 10, 2023
Subject Oath of Office
Section OATH OF OFFICE Item No: B.1
Prepared By Amy Weidman, Admin Support Specialist File No:
SUMMARY
The City Council appointed Cohen Lee to the Economic Development Commission for a one-year term
as Youth Commissioner. The City Clerk will administer the oath of office.
BACKGROUND
Per State Statute 358.0 5, the oath of office to be taken by members and officers of either branch of the
legislature shall be that prescribed by the Constitution of the State of Minnesota, Article IV, Section 8.
Every person elected or appointed to any other public office, including every official commissioner, or
member of any public board or body, before transacting any of the business or exercising any privilege
of such office, shall take and subscribe the oath defined in the Constitution of the state of Minnesota,
Article V, Section 6.
DISCUSSION
RECOMMENDATION
ATTACHMENTS
2
Economic Development Commission Item
October 10, 2023
Subject Approve Economic Development Commission Minutes of September 12, 2023.
Section APPROVAL OF MINUTES Item No: D.1
Prepared By Amy Weidman, Admin Support Specialist File No:
SUMMARY
BACKGROUND
DISCUSSION
RECOMMENDATION
Staff recommends that the Economic Development Commission approve the September 12, 2023
Commission minutes.
ATTACHMENTS
Economic Development Commission Minutes of September 12, 2023
3
CHANHASSEN ECONOMIC
DEVELOPMENT COMMISSION
REGULAR MEETING
SEPTEMBER 12, 2023
Acting Chair Freeman called the meeting to order at 5:30 p.m.
MEMBERS PRESENT: Chris Freeman, Stacy Goff, Luke Bame, and Cohen Lee
MEMBERS ABSENT: Chair Eric Anderson, Vice Chair Duke Zurek
STAFF PRESENT: Eric Maass, Planning Director
PUBLIC PRESENT: Patricia Fernandes, Judy Harder.
Member Bame moved, Member Goff seconded to approve the agenda. All voted in favor
and the motion carried unanimously with a vote of 4 to 0.
APPROVAL OF MINUTES:
APPROVE ECONOMIC DEVELOPMENT COMMISSION MINUTES DATED
AUGUST 8, 2023
Member Goff moved, Member Bame seconded to approve the Minutes of the Economic
Development Commission meeting dated August 8, 2023, as presented. All voted in favor
and the motion carried unanimously with a vote of 4 to 0.
DISCUSSION/GENERAL BUSINESS ITEMS:
1. Follow-up discussion on Downtown Zoning District Uses
Planning Director Eric Maass presented the proposed revisions to the permitted, conditional,
interim, and accessory uses within the Central Business District (CBD) zoning district, as well as
potential revisions to development standards for the district such as setbacks and height
limitations.
The commission discussed the potential for targeting retail, entertainment, and restaurant uses in
front on West 78th Street and office-type uses on the backsides of those buildings. EDC members
discussed the current traffic patterns within the downtown area and how that will likely evolve
over time as development takes place and road projects are completed that prioritize pedestrians
and pedestrian safety. Following a discussion of the potential redevelopment opportunities east
and west of Kerber Boulevard, the commissioners were generally supportive of the proposed
4
Economic Development Commission – September 12, 2023
2
revisions to permitted, conditional, interim, and accessory uses along with proposed setbacks and
height limitations.
ADJOURNMENT:
Member Bame moved, Member Lee seconded to adjourn the meeting. All voted in favor
and the motion carried unanimously with a vote of 4 to 0. The Economic Development
Commission meeting was adjourned the meeting at 6:22 p.m.
Submitted by Eric Maass
Planning Director
5
Economic Development Commission Item
October 10, 2023
Subject SWOT Analysis
Section DISCUSSION / GENERAL BUSINESS ITEMS Item No: F.1
Prepared By Sam DiMaggio, Economic Development Manager File No:
SUMMARY
The Economic Development Commission is asked to review the proposed SWOT Analysis and
recommend any items they would like inserted or deleted.
BACKGROUND
A SWOT analysis (strengths, weaknesses, opportunities, and threats) assesses internal and external
factors, as well as current and future potential. Staff plans to utilize the information gathered from the
SWOT Analysis to develop a strategic three-year Economic Development Plan.
DISCUSSION
It is important to realize that strengths and weaknesses represent the city's characteristics within its
borders. In contrast, opportunities and threats come from outside the city.
Strengths: The strengths of a city are assessed by looking at characteristics internal to a city, and
that impact how it might be viewed by potential businesses, developers, or other economic
agents.
Weakness: These are also focused on the internal features of a city that have the potential to
impact its marketability to businesses, developers, or other economic agents. Weaknesses can be
categorized as real, perceived, or areas of uncertainty.
Opportunities: A city's future opportunities are approached broadly and strategically.
Opportunities are related to the physical elements of the city, market conditions, and real or
perceived advantages for the city.
Threats: These can be categorized as real, perceived, or unknown. Understanding the underlying
issues and causes of a threat, as well as minimizing their impacts, are methods by which their
damage to a city can be mitigated.
RECOMMENDATION
The EDC is asked to review the proposed SWOT Analysis and recommend any additions or deletions.
6
ATTACHMENTS
SWOT Analysis
7
CHARACTERISTICS WITHIN CHANHASSEN’S BORDERS:
STRENGTHS WEAKNESSES
Variety of employers with a strong
employment base
Highly educated workforce
Elevated quality of life
Public Safety
Infrastructure (local roads, water &
sewer)
Close proximately to major highway
systems
Natural ameniƟes (parks, trails, lakes,
etc.
Major aƩracƟons (Paisley Park, the
Arboretum, and Chanhassen Dinner
Theatre)
Chamber of Commerce, Buy
Chanhassen, and the Rotary
Resistance to change.
Lack of affordable housing and rentals
Commuter TransportaƟon into
Chanhassen
No cohesive city center.
Lack of walkability/bike ability
Limited broadband/fiber
High SAC/WAC Charges
Due to topography and the required
installaƟon of infrastructure, the
remaining vacant parcels will be
challenging to develop.
High land and development costs
Lack of developable land.
CAN COME FROM OUTSIDE OF CHANHASSEN:
OPPORTUNITIES THREATS
Infill and underuƟlized properƟes could
be marketed to developers.
Mixed use in the city center (apartments
and retail)
Youth and adult trade educaƟon
Incumbent worker training
Entrepreneurship
New populaƟon growth
ConnecƟvity and parking ramp
High cost of living
Development and building costs are
high.
Lack of workforce
PotenƟal recession
High interest rates
8