DOCSLIB.ORG

Former Hom Furniture 7600 Hudson Road, Woodbury, Mn

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Former Hom Furniture 7600 Hudson Road, Woodbury, Mn FOR SALE OR LEASE FORMER HOM FURNITURE 7600 HUDSON ROAD, WOODBURY, MN TABLE OF CONTENTS EXECUTIVE SUMMARY .....................................................................4 MARKET OVERVIEW ........................................................................8 4 EXECUTIVE SUMMARY THE OFFERING Former HOM Furniture building served as the location for HOM Furniture, one of the nation’s largest furniture retailers serving customers in the upper Midwestern states of Minnesota, South Dakota, North Dakota, Iowa and Wisconsin. HOM Furniture has done especially well in the Woodbury market, but has outgrown the property, as evidenced by their move less that half a mile away into a facility twice as large. This Woodbury location boasts some of the greatest visibility to the 3 major highway systems in Minnesota, 494, 694 and 94. This is truly a billboard location. It is also on the Radio Drive corridor in Woodbury which is home to such retailers as Target, Best Buy, Home Depot and Walmart. There can’t be enough said for this location as it is at the heart of the 3 major highways, plus a new BRT (Bus Rapid Transit) is being built adjacent to the property, bringing more pedestrians and traffic to the property. This new Gold Line and the new corresponding bridge will serve to connect all the communities from St. Paul to Woodbury. This will make it easier to get people across the highway and to the property with a stop very near the property. Woodbury, Minnesota’s 8th largest city, is home to more than 73,000 people making this location ideal for employers to find employees, with 28.7% of all jobs in Washington County being in Woodbury, and businesses to find customers. THE SUMMARY PROPERTY SUMMARY 7600 Hudson Road Address Woodbury, Minnesota Year Built 1986 Land Area Approx. 226,260 SF Gross Leasable Area (GLA) Approx. 86,350 SF FINANCIAL OVERVIEW Sale Price Negotiable Lease Rate $10.00 - $12.00 PSF Net EXECUTIVE SUMMARY 5 7600 Hudson Road Woodbury, MN 6 EXECUTIVE SUMMARY 7 EXECUTIVE SUMMARY CORPORATE HEADQUARTERS CORPORATE HEADQUARTERS 8 FINANCIALMARKET OVERVIEW ANALYSIS WOODBURY WOODBURY Woodbury, Washington County’s largest city, is bordered by I-94, I-494, and I-694 and is located 15 minutes from Downtown St. Paul and 25 minutes from Downtown Minneapolis. Woodbury is a vital and vibrant city and has been one of Minnesota’s fastest growing cities over the past couple of decades. It is now the 8th largest city in Minnesota as its population has tripled over the last 30 years. The current population is 73,741 and is projected to reach 88,000 by 2040. Woodbury is known for its strong demographic profile, both from a quality of life and education perspective, as well as being a strong business climate. Woodbury’s prime location along major freeways has given properties a renaissance of interest from developers and businesses in this thriving economy. Woodbury also represents 28.7 percent of all jobs in Washington County. The city is recognized as a well-educated, stable, and professional community with a significant workforce in the medical and high-tech fields. “Woodbury is one of Minnesota’s fastest growing cities with a population of 73,741 and projected to reach 84,000 by 2030” TRANSPORTATION Woodbury’s location at the crossroads of three major interstate highways – Interstate 94, Interstate 494, and Interstate 694 - is ideal for efficient shipping and transportation for businesses, or just getting around the Twin Cities metro area. The Woodbury area has high visibility with an average of 115,000 vehicles per day on the I-94 alone. In addition, Woodbury is only 20 minutes away from the Minneapolis- St. Paul International Airport. 9 FINANCIALMARKET OVERVIEW ANALYSIS WOODBURY THRIVING ECONOMY Woodbury is a flourishing economic hub for the Twin Cities East Metro Area and Western Wisconsin due to its strong fundamentals, expanding retail sector, affluent and growing population base, and excellent highway access and visibility. Over the past five years, Woodbury experienced an 11.5% increase in the total number of jobs and the city is well-positioned for continued economic growth. The largest employment sectors in Woodbury continue to be education and health services, and trade, transportation, and utilities. These two categories comprise 54% of jobs in the city. Woodbury has been dubbed “Healthcare’s new favorite suburb” by the Minneapolis/St. Paul Business Journal due to the fact that in the past five years, Woodbury has added 327,000 square feet of new commercial space dedicated to healthcare, bringing TOP EMPLOYERS the total number of healthcare businesses in Woodbury to 200. These businesses provide needed services to Woodbury and the surrounding area, and bring approximately 4,680 quality jobs. Major healthcare companies in Woodbury include TRIA Orthopedics, HealthEast, HealthPartners, Summit Orthopedics, and Allina. Woodbury is also home to a number of other major employers including 3M, Assurant, Dean Foods, EcoWater Systems, and Target.com. Anytime Fitness relocated their corporate headquarters to Woodbury in 2016. The 80,000-square foot building is home to 250 employees. Woodbury has a highly skilled labor force and more than half of residents over 25 hold at least a bachelor’s degree of education. 10 FINANCIALMARKET OVERVIEW ANALYSIS WOODBURY ECONOMIC GROWTH The city is committed to high quality development and has earned a reputation for being responsive to the needs of businesses. Woodbury had more new construction permits than any city in the Twin Cities in 2019, experiencing significant growth in both the residential and commercial sectors. More than a half million square feet of new commercial space was constructed since 2017, adding more than $56 million to the commercial tax base of the city, and bringing the total cumulative square footage of commercial space to just over 11 million square feet. Current commercial property owners continued to reinvest in Woodbury, pulling 121 permits for alterations and additions in 2019, with a cumulative permit value of $35 million. Woodbury was among the five fastest growing suburbs in 2019, with 695 new housing units being constructed. Several Medical specialty groups have been driving development activity in the area in recent years as they seek out affluent cities with good freeway access and traffic visibility as well as strong development activity. Some of the recent projects include: PRAIRIECARE TWIN CITIES ORTHOPEDICS MINNESOTA EYE expanded its Woodbury clinic into an is building a 50,000 SF facility and MSP COMMERCIAL additional 12,000 SF of space directly across from the Bielenberg are building a 41,000 SF medical across from the La Quinta Inn & Suites Sports Center office building in the area 2016 2017 2017 2017 SUMMIT ORTHOPEDICS UNIVERSITY OF MN HEALTH MN GASTROENTEROLOGY TRIA ORTHOPEDICS opened a 3.5 MSF clinic moved its St. Paul pediatric announced it will serve as opened its 75,000 SF within the sports center clinic to 6,000 SF in anchor tenant for a 50,000 clinic and surgery center Woodbury SF medical office building in CityPlace at CityPlace 11 FINANCIALMARKET OVERVIEW ANALYSIS WOODBURY RETAIL SECTOR The Woodbury regional shopping area pulls consumers from a large trade area encompassing the eastern portion of the Twin Cities and Western Wisconsin. The several major shopping centers in the city: The 100-acre CityPlace project is a dynamic, mixed-use development project located at the former State Farm regional headquarters site. The eastern site will be dedicated to housing, which will be divided into three distinct neighborhoods. The western side includes office space; retail space will be clustered in the center of the site, and green space will be woven throughout the property. CityPlace currently contains 160,000 square feet of retail, anchored by a Whole Foods grocery store, a 116-room Marriott Residence Inn Hotel, and 100,000 square feet of medical office space. Additional current tenants include Nordstrom Rack, TRIA Orthopedics, Texas Roadhouse, Sierra Trading Post, Courtyard Marriott, and several eateries and smaller businesses. Future plans include one CITY additional hotel and include the move-in of Minnesota Gastroenterology. CityPlace attracts healthcare groups PLACE seeking retail centers due to the opportunity to be close to where consumers shop and spend leisure time. Upon final completion, CityPlace will provide 4,000 permanent jobs. One of the most successful shopping centers in the Twin Cities Metro, nearby Tamarack Village set a new standard for shopping center development. The expansive 800,000-square foot village concept shopping center features numerous national and regional retailers, a variety of unique shops and numerous restaurants. Noted for its excellence in design and aesthetics including distinctive architecture and landscaping, Tamarack Village has been awarded the Minnesota Shopping Center Association STARR award for Best Retail Center, the International Council of Shopping Centers Award for Innovative Design and Construction, and Shopping Center World’s SADI TAMARACK Award. Tamarack Village features over 30 stores including national retailers, regional favorites, and locally owned VILLAGE boutiques. The shopping center includes four anchors — Home Depot, Cub Foods, JCPenney, and Dick’s Sporting Goods. Other notable shops include Bed, Bath, & Beyond, OfficeMax, Old Navy, PetSmart, and JOANN. Woodbury Lakes has over 55 national retailers Woodbury Village is a regional and locally-owned boutiques including Crave, shopping center
Load more

Recommended publications
  • Minnesota Statewide Freight System Plan METRO QUEST RESULTS
    Minnesota Statewide Freight System Plan METRO QUEST RESULTS FEBRUARY 2015 (REVISION) CONTACT LIST MnDOT John Tompkins, Project Manager Office of Freight and Commercial Vehicle Operations [email protected] 651-366-3724 Marcia Lochner, Web and Marketing Coordinator Office of Freight and Commercial Vehicle Operations [email protected] 651-366-3649 Consultant Team Erika Witzke, Project Manager Cambridge Systematics [email protected] 312-665-0236 Jessica Laabs, Public Involvement Task Lead Kimley-Horn and Associates, Inc. [email protected] 651-643-0437 MINNESOTA GO STATEWIDE FREIGHT SYSTEM PLAN Metro Quest Results PAGE i TABLE OF CONTENTS CONTACT LIST ............................................................................................................................................. I TABLE OF CONTENTS ................................................................................................................................ II 1.0 OVERVIEW ...................................................................................................................................... 1 2.0 SURVEY RESULTS ......................................................................................................................... 2 The System ...................................................................................................................................................... 2 Priorities ..........................................................................................................................................................
    [Show full text]
  • Mndot Highway Project Selection
    OFFICE OF THE LEGISLATIVE AUDITOR O L A STATE OF MINNESOTA EVALUATION REPORT MnDOT Highway Project Selection MARCH 2016 PROGRAM EVALUATION DIVISION Centennial Building – Suite 140 658 Cedar Street – St. Paul, MN 55155 Telephone: 651-296-4708 ● Fax: 651-296-4712 E-mail: [email protected] ● Website: www.auditor.leg.state.mn.us Through Minnesota Relay: 1-800-627-3529 or 7-1-1 Program Evaluation Division Evaluation Staff The Program Evaluation Division was created James Nobles, Legislative Auditor within the Office of the Legislative Auditor (OLA) Judy Randall, Deputy Legislative Auditor in 1975. The division’s mission, as set forth in law, is to determine the degree to which state agencies Joel Alter and programs are accomplishing their goals and Caitlin Badger objectives and utilizing resources efficiently. Valerie Bombach Ellen Dehmer Topics for evaluations are approved by the Sarah Delacueva Legislative Audit Commission (LAC), which has Will Harrison equal representation from the House and Senate Jody Hauer and the two major political parties. However, David Kirchner evaluations by the office are independently Laura Logsdon researched by the Legislative Auditor’s professional Carrie Meyerhoff staff, and reports are issued without prior review by Ryan Moltz the commission or any other legislators. Findings, Judy Randall conclusions, and recommendations do not Catherine Reed necessarily reflect the views of the LAC or any of Jodi Munson Rodriguez its members. Laura Schwartz KJ Starr OLA also has a Financial Audit Division that Katherine Theisen annually audits the financial statements of the State Jo Vos of Minnesota and, on a rotating schedule, audits state agencies and various other entities.
    [Show full text]
  • FROM the NORTHWEST: (Maple Grove, Fridley, New Brighton) Interstate 694 East to Interstate 35W South. 5 Miles to the Cleveland
    FROM THE NORTHWEST: (Maple Grove, Fridley, New Brighton) Interstate 694 East to Interstate 35W South. 5 miles to the Cleveland Avenue Exit. 1 ½ miles to Roselawn Avenue (second set of stop lights). Take a right on Roselawn (going West). The entrance to the Club (Fulham Street) will be approximately ½ mile, on your right-hand side. FROM THE WEST: (Wayzata, St. Louis Park, Downtown Minneapolis) Interstate 35W north, keep right to Hwy 36 East and take the Southbound Cleveland Avenue Exit. 1 ½ miles to Roselawn Avenue (second set of stop lights). Take a right on Roselawn (going West). The entrance to the Club (Fulham Street) will be approximately ½ mile, on your right-hand side. FROM THE EAST: (Hudson, Woodbury, Downtown St. Paul) Interstate 94 west to Interstate 35E north to Hwy 36 west. 5 miles to Cleveland Avenue south. Go 1 mile to Roselawn Avenue (stop lights). Take a right (going west) onto Roselawn. The entrance to the Club (Fulham Street) will be approximately ½ mile, on your right-hand side. FROM THE EAST: (Stillwater, Maplewood, North St. Paul) Hwy 36 west to Cleveland Avenue south. 1 mile to Roselawn Avenue (stop lights). Take a right (going west) onto Roselawn. The entrance to the Club (Fulham Street) will be approximately ½ mile, on your right-hand side. FROM THE NORTHEAST: (White Bear Lake, Hugo, Forest Lake) Interstate 35E south to Hwy 36 west. 5 miles to Cleveland Avenue south. Go 1 mile to Roselawn Avenue (stop lights). Take a right (going west) onto Roselawn. The entrance to the Club (Fulham Street) will be approximately ½ mile, on your right-hand side.
    [Show full text]
  • Urban Freight Perspectives on Minnesota's Transportation System
    Urban Freight Perspectives on Minnesota’s Transportation System Metro District / Greater Twin Cities August 2019 TABLE OF CONTENTS EXECUTIVE SUMMARY 1 Freight Perspectives for MnDOT . 2 Steps Toward Continuous Improvement Ideas for Freight Transportation . 3 Themes and Findings from Business Interviews . 4 FREIGHT PERSPECTIVES FOR MnDOT 7 Overview: MnDOT Manufacturers’ Perspectives Projects . 8 MnDOT Metro District Urban Freight Perspectives Study . 9 Businesses Interviewed . 12 STEPS TOWARD CONTINUOUS IMPROVEMENT FOR FREIGHT TRANSPORTATION 13 FINDINGS FROM INTERVIEWS WITH FREIGHT- RELATED BUSINESSES IN THE METRO DISTRICT 17 Congestion’s Impact on Shipping, Receiving and the Last Mile . 19 Congestion Management . 22 Construction. 25 Pavement Conditions. 28 Snow and Ice . 30 Interchanges . 32 Intersections. 33 Lanes . .35 Interstate 35E Weight and Speed Restrictions . 37 Signage . 38 Distracted Drivers . 40 Bike and Pedestrian Safety Issues and Infrastructure . 41 Truck Parking . 43 Policies: Hours of Service for Drivers and Weight Restrictions for Trucks . 44 Use of Rail and Other Non-Highway Freight Transportation . 45 MnDOT Communications and 511 . 46 Unauthorized Encampments . 49 PROFILES ON FREIGHT INDUSTRY ISSUES 51 Profile: Businesses Cite Drivers’ Shortage as an Issue . .5552 Profile: Some Freight-Related Businesses Face Issues From Gentrification and Mixed-use Settings in Urban Areas . .53 APPENDIX A: MORE ABOUT THE URBAN FREIGHT PERSPECTIVES STUDY AND RESEARCH METHODS 55 APPENDIX B: LIST OF BUSINESSES INTERVIEWED 61 APPENDIX C: LIST OF PROJECT TEAM, INTERVIEWERS, DATA COLLECTORS, AND PROJECT PARTNERS 65 APPENDIX D: INTERVIEW QUESTIONS 69 EXECUTIVE SUMMARY FREIGHT PERSPECTIVES FOR MnDOT Manufacturers and other freight-related businesses are an important customer segment for the Minnesota Department of Transportation (MnDOT) and a critical component of the economy for the state and the Twin Cities area.
    [Show full text]
  • 2017 Transportation Economic Development Program Report
    2016 Report on the Transportation Economic Development Program February 2017 Prepared by: The Minnesota Department of Transportation The Minnesota Department of Employment and 395 John Ireland Boulevard Economic Development Saint Paul, Minnesota 55155-1899 332 Minnesota Street, Suite E200 Phone: 651-296-3000 Saint Paul, Minnesota 55101 Toll-Free: 1-800-657-3774 Phone: 651-259-7114 TTY, Voice or ASCII: 1-800-627-3529 Toll Free: 1-800-657-3858 TTY, 651-296-3900 To request this document in an alternative format, please call 651-366-4718 or 1-800-657-3774 (Greater Minnesota). You may also send an email to: [email protected]. On the cover: The cover image contains two photographs of Transportation Economic Development projects in various stages of development. From top: North Windom Industrial Park access from trunk highway 71; Bloomington I-494 and 34th Avenue diverging diamond interchange. Transportation Economic Development Program 2 Contents Contents............................................................................................................................................................................... 3 Legislative Request ............................................................................................................................................................. 5 Summary .............................................................................................................................................................................. 6 Ranking Process & Criteria ..............................................................................................................................................
    [Show full text]
  • Metropolitan Freeway System 2008 Congestion Report
    Metropolitan Freeway System 2008 Congestion Report Minnesota Department of Transportation Metro District Office of Operations and Maintenance Regional Transportation Management Center March 2009 Table of Contents PURPOSE AND NEED....................................................................................................1 INTRODUCTION .............................................................................................................1 METHODOLOGY.............................................................................................................2 2008 RESULTS ...............................................................................................................4 EXPLANATION OF CONGESTION GRAPH ...................................................................6 2008 METRO CONGESTION FREEWAY MAP: AM .......................................................9 2008 METRO CONGESTION FREEWAY MAP: PM .....................................................12 APPENDIX A: CENTERLINE HIGHWAY MILES MEASURED FOR CONGESTION ....15 APPENDIX B: MAP OF AREAS WITH SURVEILLANCE DETECTORS .......................18 APPENDIX C: CHANGE IN VEHICLE MILES TRAVELED ...........................................19 Metropolitan Freeway System 2008 Congestion Report Purpose and Need The Metropolitan Freeway System Congestion Report is prepared annually by the Regional Transportation Management Center (RTMC) to document those segments of the freeway system that experience recurring congestion. This report is prepared for these purposes: • Identification
    [Show full text]
  • Table of Contents
    TRANSPORTATION Page 1 TABLE OF CONTENTS Page INTRODUCTION..........................................................................................................................2 DEFINITIONS ...............................................................................................................................2 INVENTORY AND ANALYSIS ..................................................................................................4 A. Roads .....................................................................................................................................4 Table 4-1: Roadway Miles by Jurisdiction ..........................................................................8 2007 Regional Functional Classification System Map........................................................9 Road Jurisdiction Map.......................................................................................................10 B. Mass Transit ........................................................................................................................11 C. Trails and Pedestrianways..................................................................................................11 D. Other ...................................................................................................................................12 PROJECTED DEVELOPMENT...............................................................................................13 Traffic Analysis Zones Map .....................................................................................................15
    [Show full text]
  • The Traffic and Behavioral Effects of the I-35W Mississippi River Bridge
    Transportation Research Part A 44 (2010) 771–784 Contents lists available at ScienceDirect Transportation Research Part A journal homepage: www.elsevier.com/locate/tra The traffic and behavioral effects of the I-35W Mississippi River bridge collapse ⇑ Shanjiang Zhu , David Levinson, Henry X. Liu, Kathleen Harder University of Minnesota, Department of Civil Engineering, 500 Pillsbury Drive SE, Minneapolis, MN 55455, USA article info abstract Article history: On August 1, 2007, the collapse of the I-35W bridge over the Mississippi River in Minneap- Received 6 August 2008 olis abruptly interrupted the usual route of about 140,000 daily vehicle trips, which sub- Received in revised form 15 June 2010 stantially disturbed regular traffic flow patterns on the network. It took several weeks Accepted 4 July 2010 for the network to re-equilibrate, during which period travelers continued to learn and adjust their travel decisions. A good understanding of this process is crucial for traffic man- agement and the design of mitigation schemes. Data from loop-detectors, bus ridership Keywords: statistics, and a survey are analyzed and compared, revealing the evolving traffic reactions I-35W bridge collapse to the bridge collapse and how individual choices could help to explain such dynamics. Travel behavior Travel survey Findings on short-term traffic dynamics and behavioral reactions to this major network disruption have important implications for traffic management in response to future scenarios. Ó 2010 Elsevier Ltd. All rights reserved. 1. Introduction On August 1, 2007, the collapse of the I-35W bridge over the Mississippi River in Minneapolis abruptly interrupted the usual route of about 140,000 daily vehicle trips, which substantially disturbed regular traffic flow patterns on the network.
    [Show full text]
  • Politics and Freeways: Building the Twin Cities Interstate System
    Center for Urban and Regional Affairs Cavanaugh Politics and Freeways and Politics Cavanaugh Politics and Freeways: Building the Twin Cities Interstate System by Patricia Cavanaugh Used with permission of Minnesota Historical Society Used with permission of Minnesota Historical Society Horses and wagons, bicycles, automobiles, and Cars in front of the St. Paul Cathedral, Summit streetcars cause traffic congestion at Nicollet and and Dayton, St. Paul Sixth, Minneapolis Center for Urban and Regional Affairs University of Minnesota University of Minnesota 200 Transportation and Safety Building 330 HHH Center 511 Washington Avenue SE 301—19th Avenue S. Minneapolis, MN 55455 Minneapolis, MN 55455 Phone: 612-626-1077 Phone: 612-625-1551 Fax: 612-625-6381 Fax: 612-626-0273 E-mail: [email protected] E-mail: [email protected] Website: www.cts.umn.edu Website: www.cura.umn.edu Used with permission of Henry Benbrooke Hall, Minnesota Historical Society Used with permission of Metropolitan Design Center, © Regents of the University Minnesota Used with permission of Metropolitan Design Center, Used with permission of Norton & Peel, Minnesota Historical Society Ce Interstate-35E construction, St. Paul View of downtown from Interstate 35, Interstate 35W with Minneapolis skyline nter for U for nter Minneapolis in background rban and Regional Affairs Affairs Regional and rban Politics and Freeways: Building the Twin Cities Interstate System Prepared by Patricia Cavanaugh University of Minnesota for Center for Urban and Regional Affairs (CURA) and Center for Transportation
    [Show full text]
  • Mndot Highway Project Selection
    OFFICE OF THE LEGISLATIVE AUDITOR O L A STATE OF MINNESOTA EVALUATION REPORT MnDOT Highway Project Selection MARCH 2016 PROGRAM EVALUATION DIVISION Centennial Building – Suite 140 658 Cedar Street – St. Paul, MN 55155 Telephone: 651-296-4708 ● Fax: 651-296-4712 E-mail: [email protected] ● Website: www.auditor.leg.state.mn.us Through Minnesota Relay: 1-800-627-3529 or 7-1-1 Program Evaluation Division Evaluation Staff The Program Evaluation Division was created James Nobles, Legislative Auditor within the Office of the Legislative Auditor (OLA) Judy Randall, Deputy Legislative Auditor in 1975. The division’s mission, as set forth in law, is to determine the degree to which state agencies Joel Alter and programs are accomplishing their goals and Caitlin Badger objectives and utilizing resources efficiently. Valerie Bombach Ellen Dehmer Topics for evaluations are approved by the Sarah Delacueva Legislative Audit Commission (LAC), which has Will Harrison equal representation from the House and Senate Jody Hauer and the two major political parties. However, David Kirchner evaluations by the office are independently Laura Logsdon researched by the Legislative Auditor’s professional Carrie Meyerhoff staff, and reports are issued without prior review by Ryan Moltz the commission or any other legislators. Findings, Judy Randall conclusions, and recommendations do not Catherine Reed necessarily reflect the views of the LAC or any of Jodi Munson Rodriguez its members. Laura Schwartz KJ Starr OLA also has a Financial Audit Division that Katherine Theisen annually audits the financial statements of the State Jo Vos of Minnesota and, on a rotating schedule, audits state agencies and various other entities.
    [Show full text]
  • Transportation Committee
    Business Item No. 2014-151 SW Transportation Committee Meeting date: June 23, 2014 For the Metropolitan Council meeting of June 25, 2014 Subject: 2030 TPP Amendment for I-694 and I-494 for Public Comment District(s), Member(s): All Policy/Legal Reference: M.S. 473.399 & 23 CFR 450.104 Staff Prepared/Presented: Arlene McCarthy, Director MTS (651.602.1754); Amy Vennewitz, Deputy Director MTS (651.602.1058); Mary Karlsson, Planning Analyst (651.602.1819) Division/Department: Transportation / Metropolitan Planning Services (MTS) Proposed Action That, for the purposes of holding a public hearing and receiving public comment, the Metropolitan Council: • Release the proposed amendment (attached) to the 2030 Transportation Policy Plan which adds funding received through the Corridors of Commerce program for a project on Interstate 694 from Lexington to Rice Street and for a project on Interstate 494 from I-394 to I-94 using funding resulting from cost savings in the statewide Chapter 152 Bridge Preservation program; and • Authorize a public comment period from June 26 through August 21, 2014 including a public hearing on the proposed amendment to be held on August 11, 2014 at 5:00 PM. Background The Minnesota Department of Transportation (MnDOT) is requesting that the Metropolitan Council amend the 2030 Transportation Policy Plan (TPP) to include one new project, modify an existing project description, and include additional funding for both projects in the Council’s fiscally constrained long- range plan. The I-694 project was selected and is being funded as a result of state legislative action. The Corridors of Commerce program, authorized through MN Statutes 161.088 during the 2013 legislative session, established a “program for trunk highway construction, reconstruction, and improvement, including maintenance operations, that improves commerce in the state”.
    [Show full text]
  • Chapter 2: Background
    CHAPTER 2: BACKGROUND 2.1 Background and History The City of Brooklyn Park is a Minneapolis suburb in northeast Hennepin County and is bounded by the cities of Champlin, Maple Grove, Osseo, New Hope, Crystal, and Brooklyn Center. The Mississippi River forms a natural boundary along the City’s entire eastern edge. The City’s proximity to Minneapolis and Saint Paul has contributed significantly to residential growth and development. The 2000 census-counted population of 67,388 represented a 20% increase over the 1990 census count of 56,381. The estimated population count was 68,249 in 2001, 68,997 in 2002, 69,687 in 2003, 70,988 in 2004, 72,522 in 2005 and 74,571 in 2006. The projected population for 2007 is 75,780. Brooklyn Park is the fourth largest city in the Minneapolis / St. Paul metropolitan area and the sixth largest city in the State of Minnesota. Historical Facts: The City incorporates an area of approximately 27 square miles. 1858 first Township Officers elected History: What is now the City of Brooklyn Park 1941 first Planning Commission was once part of the Fort Snelling military 1954 incorporated as a Village reservation in the early nineteenth century. In 1966 voters select Council/Manager form 1852, the Territorial Legislature of Minnesota of Government established Hennepin County. That same year, 1969 Brooklyn Park becomes Charter six years prior to Minnesota becoming a State, Esra HanscomCity established his homestead near where Shingle Creek now crosses Noble Avenue. In 1853 and 1854, settlers from Michigan staked claims in the area and named it Brooklyn Township after their home territory of Brooklyn, Michigan.
    [Show full text]