Receive Update on Concept Plan for Hotel/Multifamily Development in The COR; Case of Allied Development

The purpose of this case is to review a high level concept of a potential hotel/multifamily development in The COR across from the Ramsey Municipal Center. The Developer, Allied Development, is considering a project for 2019. Before they commit to a Purchase Agreement with the Property Owner, PSD, LLC, they seek general feedback from the City. Currently, there is no request for financial assistance, but such a request is a possibility as the project pro-forma is developed.

This case is for conceputal review only at the request of the Developer. Nothing in this case should be interpreted as an actual Application or consideration by the City. The City has not made any recommendations on this proposal, and is only responding to information and request.

The purpose of this case is as follows:

1. Is this an appropriate use on this parcel?
2. Is this an appropriate design for this parcel? What design criteria is important to the City?
3. What questions does the City want answered prior to bringing forward a formal Application (both for land use and potential financial assistance)?

This case is structured as Staff Input only at this point, as the project does not involve the transaction of a City-Owned parcel nor involves a current request for financial assistance.

N/A

Allied Development has put together a preliminary concept site plan for review and comment by the City.  The concept includes a phased project consisting of a Hotel and 1st Floor Retail (Phase 1) and and Apartment with amenities (Phase 2).  The proposed project includes surface and a structured parking component that could be phased as well. The Developer is looking for feedback from the City on the proposed concept.

N/A

No action is being requested. This case is for discussion only.

No action is being requested. This case is for discussion only.