HomeMy WebLinkAboutCity Council Packet 06-23-1997 SpecialPlymouth City Council
Business Relations Subcommittee
June 23, 1997 7 P?1
Medicine Lake Room
I. Call to Order
II. Information Requests
a. Chambers of Commerce Dues
b. Information on Plymouth Businesses
c. Real Estate Journal Survey
d. Plymouth HRA Strategic Plan
III. City of Plymouth Economic Development Policy
IV. Next Steps, Next Meeting
V. Adjourn
Chambers of Commerce
Plymouth is served by two chambers of commerce: TwinWest, and Northwest Suburban.
The City has been a member of TwinWest for many years, but has not been a regular
member of the Northwest Suburban Chamber. The Northwest Chamber's primary
service area is western Plymouth.
Dues to TwinWest were $380 in 1996.
Should the city joint the Northwest Suburban Chamber, annual dues would be $420. The
Northwest Suburban Chamber is very interested is having the City of Plymouth as a
member, and would like to meet with the subcommittee at some time. A copy of their
information is attached.
Plymouth Business Information
As suspected, there is no one source of information on Plymouth businesses—who they
are, where they are, what service/product is provided, how many are employed.
TwinWest keeps information on Plymouth businesses who are members of the chambers.
For general information about city businesses, TwinWest uses the community profile
attached) from the Department of Trade and Economic Development.
Northwest Suburban relies on the City of Plymouth and utility records to develop a
mailing list for recruitment purposes. They have no general information about Plymouth
businesses.
Perhaps the best lead in getting information on Plymouth businesses came from
TwinWest, suggesting that we contact NSP and USWest to get lists of businesses.
Evidently the City of Crystal had some success in getting business names and addresses
from NSP and USWest, and used it to develop a newsletter mailing list. Both NSP and
USWest have been contacted about the possibilities of getting similar lists for Plymouth
businesses.
r
t W .
1
t
GO GV m
co
c
rOle
A Cd
CDP4
10
A,•U
05
TSI
y z U
MV
X0
V '
o
y a,co
0
A
a a
4 3
Mom
ren
c a
AC
a oC
ac
r
0
M
1
W
GO GV m
co
c
V.
A Cd
CDP4
10
A,•U
05
TSI
y z U
MV
X0
V '
o
y a,co
00
A
a a
4
0
M
1
W
GO GV m
co
Cp d
aV. d
r- ao 10
A,•U
05
TSI
L
MV
X0
V '
o
y a,co
00
A
a a
4 3ren
c a
tjoA
a•z a oC
ac
ILI
CD
0
O
00
O
W
V
c?
1g
t-
m
co
Cp d
a
N
c'
r- ao 10
A,•U
05
TSI
L
MV
X0
V '
c
cz
00
a a
4 3ren
A
za
to
ac
CDoCd
cd
0
a a
a>
0
O
00
O
V
c?
1g
t-
m
co
Cp d
a
N
c'
r- ao 10
A,•U
05
cd yv
c
a a
4 3 0ren0
za ac
cd
0
a a
a>
o
o b
Cd
o
o a to 0
a o
D 'd q
cd
AaAa 5Ac
A
0
U
V 0
c'
A
v A,•U
05
cd yv
c
CQ
4 3 0ren0
za ac
3
0
V 0
c'
Aco
05
coc
N
f
LJ
H
r
O O
A
C:
c
cs
0 0 0 0 0 0 0
0 0 0 0 0 0 0
M
te06 -,
In CMA
rte
r -, N
va r=g va vs rfl
i
L i
rti
w C6
cz
O
0O
brn
to 'vq
0
o
a
Cd
O ,Cd
U- cd
W a
0
o
a m
ani ani Z j s• o ami
P4 0 a
cd 3-d o 3
CL) ao
CD
a
rn Lo V o
Cdto
Cd m
N o cd ao
CZ bD cU
ami rn a y0:3, ;;
o
o a oo oo 0
0.,P4U a-.UUUP:,
rnao
v
O O
aiD 0
a
cz
a z
S-4 as
a -42 .2,A
0
o'o_(z
O
0 0 0c
d'
0
N CDL a
CZb,,....,
a a, P4
Cd9:oR
Cd
W
N to
wo s' o `d
4
4 a)
a
S u
d
C
aNi
G
ai
C
d
G tn4) C
7
i
L i
rti
w C6
cz
O
0O
brn
to 'vq
0
o
a
Cd
O ,Cd
U- cd
W a
0
o
a m
ani ani Z j s• o ami
P4 0 a
cd 3-d o 3
CL) ao
CD
a
rn Lo V o
Cdto
Cd m
N o cd ao
CZ bD cU
ami rn a y0:3, ;;
o
o a oo oo 0
0.,P4U a-.UUUP:,
rnao
v
O O
aiD 0
a
cz
a z
S-4 as
a -42 .2,A
0
o'o_(z
o' o o "'h ? 4r LSA ` '" 'ii .N '"d ai
ao ao d <: w • Q • c O H
rv,
CZ +3 +; cd a 3 ami 3 o ao cd
Co v
cd &; 0 3 .[ p A5.. o ao cn +, M
co; .0 ,, o _ . W y o ao
Q M b ao , o 0 .s1 a o 3 `n N
Q o umi 4JCd H 'Q a ' 0 00
4-4
cz
cn o w w aoi
o M+i
cin .Q 0 ' U
j" '
m o aoMC474
u P-, 4-+ o
z.:. p is zas°'0.
o $-++
a v' ao ami '
ca"
n o"a"'i
CO
ax:;
O
O
P.
co r--
0 0CZb,,....,
a a, P4
Cd9:oR
Cd
W aN;
wo s' o `d
4
4 a)
a) C)
i a 1-1
U
asrn
m
o' o o "'h ? 4r LSA ` '" 'ii .N '"d ai
ao ao d <: w • Q • c O H
rv,
CZ +3 +; cd a 3 ami 3 o ao cd
Co v
cd &; 0 3 .[ p A5.. o ao cn +, M
co; .0 ,, o _ . W y o ao
Q M b ao , o 0 .s1 a o 3 `n N
Q o umi 4JCd H 'Q a ' 0 00
4-4
cz
cn o w w aoi
o M+i
cin .Q 0 ' U
j" '
m o aoMC474
u P-, 4-+ o
z.:. p is zas°'0.
o $-++
a v' ao ami '
ca"
n o"a"'i
CO
ax:;
Cd CZ
0
y a 4 a
cd
asrn
m N
bD CZ N. o o
bA o
w a, w
CZCZ
O — o ao
an Q, . k
o' o o "'h ? 4r LSA ` '" 'ii .N '"d ai
ao ao d <: w • Q • c O H
rv,
CZ +3 +; cd a 3 ami 3 o ao cd
Co v
cd &; 0 3 .[ p A5.. o ao cn +, M
co; .0 ,, o _ . W y o ao
Q M b ao , o 0 .s1 a o 3 `n N
Q o umi 4JCd H 'Q a ' 0 00
4-4
cz
cn o w w aoi
o M+i
cin .Q 0 ' U
j" '
m o aoMC474
u P-, 4-+ o
z.:. p is zas°'0.
o $-++
a v' ao ami '
ca"
n o"a"'i
CO
ax:;
MEMQ'.
Encourage Discourage
Year Development (%) Neutral (%)
CITY 0F1PLYIVIOUTH
1994 5 7
3400 PLYMOUTH BOULEVARD;; PLYMOUTH, MN 55447
1995 13 8 18
1996 9 10 16
1997 25
DATE: January 31, 1997
TO: Dwight Johnson, City Manager
FROM: Anne Hurlburt, Community Development Director
SUBJECT: Minnesota Real Estate Journal Annual Survey
Attached is a copy of the latest Minnesota Real Estate Journal survey, which appeared in their
January 27 issue. Every year, they conduct a survey of their subscribers to solicit opinion on
the state of the region's real estate climate.
Of greatest interest to cities is the single question that is asked every year regarding which
cities encourage or discourage development. Respondents, who are largely developers and
managers of commercial properties, are asked to rate each community based on their personal
experience during the last two years. In past years, many respondents have rated Plymouth
higher than all other cities on the list as "discouraging" to development.
Plymouth's ratings for the past several years have been as follows:
This year, the survey results look very different than in previous years. Plymouth rated
higher than many other cities in the "encourage" category, and lower than many others in the
discourage" category. The numerical data in this year's report looks very different than
previous surveys. For example, last year, a 16% "discourage" rating was high; this year
other cities scored over 30%. So it may not be valid statistically to compare the numbers with
last year's. However, when Plymouth's ratings are compared with those of other cities, we
are comparing more favorably than we have in the past. And, if you look at the spread
between the "encourage" and "discourage" number for all cities, you will note that Plymouth
has the very best spread (25 % encourage -10 % discourage for a 15 point spread) other than one
city: Minneapolis.
Cd\plan\ahurlbur\mrej 97. doc
a
Encourage Discourage
Year Development (%) Neutral (%) Development (%)
1994 5 7 16
1995 13 8 18
1996 9 10 16
1997 25 24 10
This year, the survey results look very different than in previous years. Plymouth rated
higher than many other cities in the "encourage" category, and lower than many others in the
discourage" category. The numerical data in this year's report looks very different than
previous surveys. For example, last year, a 16% "discourage" rating was high; this year
other cities scored over 30%. So it may not be valid statistically to compare the numbers with
last year's. However, when Plymouth's ratings are compared with those of other cities, we
are comparing more favorably than we have in the past. And, if you look at the spread
between the "encourage" and "discourage" number for all cities, you will note that Plymouth
has the very best spread (25 % encourage -10 % discourage for a 15 point spread) other than one
city: Minneapolis.
Cd\plan\ahurlbur\mrej 97. doc
a
0
27, 1997
The 10th_ant—1 M' l Estate -Survey was sponsored by Z1tTinutsgta Real Estatejournal.7'he survey is intended to solicit - — , t . opinions of commeM te onandalliedprofessionals the stdtt of the reglonal real esfate climate. We would like to thank the
127 respondents, all of whom.. are subscribers. to MREJ, fortaking the timefo complete the survey.
REAL ESTATE •..
DEVELOPMENT TRENDS ' 4.whatw;ubethessingle most significant factor that will influence
the growth of the commercial real estate market? (choose only one)
1 In your estimate, how long will it be before the following industry segments
improve in Minnesota? 17% Absorption of excess office space
MITI- 13% Federal taxation regulations
OFFICE INUL FAMILY . RETAIL 17% Available financing
Less than 1 year 45% 24% 40% 31% 10% Foreign investment/ institutional investors active
1-2 years 28% 33% 371/6 16% in the marketplace
2-3 years 21% 23% 21% 26% 9% Other
3-5 years 30% 271/6 22% 44%
5+ years 40% 31% 24% 49% 5 Which factors do you see influencing the real estate market
Perceive market as healthy 21% 23% 16% 45% currently and during the next three years? (choose all that apply)
2 Once the oversupply of commercial space has been absorbed, which of the fol- NOW 3 YRS.
lowing would be the best strategy toward maintaining a supply/ demand equihbri- Large supply 11% 12% um (10 % vacancy rate) in the marketplace? (choose only one) Low supply 25% 22%
13% Federal government regulation of lending activities -
High demand 18% 25%
Low demand 70% 14%
26% Increased lender demand for higher pre -leasing on proposed projects Decreasing rents' 13% 18%
5% Local government regulation on development _ Increasing rents 33% 46%
28% More conservative underwriting policies on loans - Financing constraints 28% 2%
9% Requiring significant developer equity in projects Financing available 19% 30%
14% No changes needed, the market regulates itself
a Equity capital available 14% - 21%
1% Other Equity capital not available 12% 15%
Few alternative investments 19% 20%
3 How will real property values change during the next year for the following: Many alternative investments 24% 16%
Declining retum on investments 16% 10%
Increase Same Decrease Future appreciation 4% 6%
Hotels 64% 52% 13% Proposed tax law changes 35% 33%
Major Retail 59% 36% 24% Environmental issues/ litigation 29% 30%
Downtown Office 52% 57% 18% Corporate mergers/ acquisitions 17% 18%
Suburban Office 47% 49% 171%
Other 19% 14%
Industrial 41% 43% 11%
Multifamily 50% 35°% 14% %
continued on page 16
16 _. Mianuola Real Erlakfoumal.. January 27, 1997
a
ased on your personal experience within the last two years, which of the 8 Currently, where in Wuuvsota is Investment the most attractive?
allowing cities do you: 1- Encourage Development MULTI- .
2 -Neutral OFFICE IND'L FAMILY RETAIL
3 - Discourage Development Downtown Mpls. 54% 50% 46% 57%
DgwntownSk'Paul 46% 50% 57% 50%
currently 3 yrs from now Bloomington 57% 57°k 56% ` 60%'
1. 2 3 h 2 3 Suburban Mpls. -64% . _ 66% . ' 5796' 59% .
Anoka 9% 5% 3% ` 9%. 3% 13% fI.SuburbanSt. Paul 43% 40% .'39%., 50%
Apple, Valley 13% 15% 1190 17% 9% 8%', Duluth_= 16% 13% 17%, ':.11%
Blaine 10% 9% 3% 20% 11% 9% St:Cloud 2790 28% 31% " 35%
Bloomington 18% 14% 6% 12% 6% 3°/d Rochester • • •
Brooklyn Ctr. 15% 13% 2% 5% 7% 8% Other • • •
Brooklyn Park 14% 9% 18% 18% 8% 11% ' NawHldeM data
Burnsville 31% 12% 35% ll% 13% 9%• 9 Which development products have the greatest potential, currently and three
Champlin 11% 8% 10% 9% 16% 15% years from now, in Minnesota? (choose up to three)
Chanhassen 18% 18% 13% 17% . 9% 9% NOW 3 YRS.
Chaska 15% 11% 8% 8% 8% 4% Unimproved land 48% 29%
Columbia Hts. 15% 17% 9% 16% 6% 8% Single-family homes - 54% 56%.
Coon Rapids 23% 25% 27% 171/6 10% 70/6 Multi -family homes 65% 61%
Cottage Grove 19%.14% 8% 12% 9% 3%, R&D office buildings 35% 321/6
Duluth 4% 3% 0% 2% 4% 29/6 Low-rise office buildings 18% 28%
Eagan 30% 26% 17% 19% ll% 6% High-rise office buildings 51% 43%_
Eden Prairie 36% 35% 30% 23% 16% 8% Strip retail 19% 20%
Edina 28% 28% 23%- 22% 7% 11% - Regional retail 319% : 310%
Fridley 35% '31% 26% 20% 7% 5% Hotels 19%• 11%
Golden Valley 24% 19% 28% 170/6 96/6 8% Retirement housing _ 6% 18% '
Hastings 9% 9% 8% 3% 12% 9% Industrial/ warehouse 66% 57%
Hopkins 3590 26% 28°0 15% 10% 8% Other 11% 6°/0
Inver Grove Hts. ' 15% 11% 8% 6% 6% 12% r ,t
Lakeville 20% 16% 22% : 14°A 13% 8% 10 How are'Y y P?ol fr6m R j'
Lino Lakes 14% 12% 7% 6%-20% 15% the competition? (choose all that apply)
Mankato -ll% 6%'""8% 120/6 :961.i 13%Equity leases - 30%
Maple Grove r -15%, IS o 12%,. F =:fie .0 4..' ' ic> .t 7 ,
Fr re t 45%
Maplewood '34%`'27% 1'/°i'o' Iti% 13° X90 _ t t Step rent
Mendota Hts. 24% 17% 20% 14% -13%' 10% Purchase of existing lease 24%
Minneapolis 49% 32% 31% 24% 20% 12% Guaranteed moving cost _ 19%
Minnetonka 171/6 16% 9% 14% 17% 171/6 Enhanced property management 53%
New Brighton 28% 19% 17% 16% 5% 40/6 Increased security/ maintenance 21°0
New Hope 171/6 15% 11% 10% 4% 5% Above -standard tenant improvements 28%
Oakdale 20% 14% 9% 5% 6% 3% Other 12%
Plymouth 25% 24°% 10% 8% 14% 71W
Prior Lake 17% 12% 10% 5% 13% 7% FINANCING TRENDS
Ramsey 12% 9% 11% 6% 17% 13%
Richfield 16% 13% 4% 5% 170/6 17% 11 What will the prime rate be one year from now?
Rochester 2% 2% 1% 0% 4% 2% Below 6% ll%
Rosemount 13% 10% 9% 11% 6% 5% 6-6.9% 20%
Roseville 10% 9% 9% 9% 9% 9% 7-7.9% 14%
Savage 13% 9% 11% 11% 10% 7% 8-8.9% 14%
Shakopee 12% 8% 8% 8% 13% 9°k 9-9.9% 23%
Stillwater 16% 12% 14% 12% 9% 71/6 Over 10% 13%
St. Cloud 13% 9% 9% 12% 8% 6%
St. Louis Park 20% 271/6 22% 20% 16% 17% 12 What are your current sources of financing, and what do you predict they will
St. Paul ' 35% 32% 31% 26% 31% 34% be three years from now? Also, please indicate sources in the local market
S. St. Paul 25% 23% 11% 12% 18% 16% EQUITY: NOW 3 YRS. LOCAL
Vadnais Hts. -24% 12% 13% 9% 13% 15% Capital markets (not REITs) 9% 11% 5%
Wayzata 20%.52% 15% 11% 9% 14% Real Estate Investment Trusts 4% 9% 6%
W. St. Paul 21% 12% 17% 20% 18% 11% Foreign investors 10% 9% 9%
White Bear Lake 25% 20% 21% 25% 22% 13% joint venture 9% 18% 12%
Woodbury 15% 11% 14% 11% 8% 16% Corporate partners 36/6 5% ll%
Other 12% 9% 6% 13% 6% 3% 1 Pension funds 10% 11% 129/6
urrently, where in Minnesota is new development the most attractive?
Insurance companies 171% 17%
MULTI -
U.S. banks 21%
OFFICE IND'L FAMILY RETAIL
owntown Mpls. 54% 39% 46% 38%
wntown St. Paul 46% 47% SO% 37%
Bloomington 54% 46% 50% 41%
Suburban Mp1s. 54% 47% 35% 400/6
uburban St. Paul 47% 38% 28% 39%
Duluth 15% 14% 12% 171/6
St. Cloud 11% 9% 79/6 ll%
Rochester 9% 5% 6% 5%
Other 11% 10% 79/6 6%
Insurance companies 171% 17% 10%
U.S. banks 21% 18% 17%
Foreign banks 13% 9% 12%
Savings and loans 6% 5% 6%
Credit companies 9% 8% 7/0
Other 6% 41/6 2%
DEBT: NOW 3 YRS. LOCAL
U S. banks 14% 12% 10%
Foreign banks 12% 11% 7%
Savings and loans 20% 171/6 6%
p Pension funds 12% 10% 41/6
Insurance companies 15% 14% 13%
1;
W
Q
1,
E
1:
January z?, 1997
M 4W WIN Page17
Bonds 12% 8% 9%
Credit companies 11% 7% 90/0 16 Which of the following profit improvement techniques do you currentlyGovernmentagencies18% 14% 13% employ or plant to adopt? (choose all that apply)
Real Estate Investment Trusts 12% 9% 4%
Other 5% 3% 3% Debt service/ encumbrance review 13% 7%
13 If you were going to purchase a property today, what is the lowest cap rate you
would consider in each of the following types?
9%
Hotels 80% 9% 60% 9% 7% I2% 9"/0
Downtown office 5% 11% 8% IS% 9% I3°/u 17%
Industrial 40% 6% 10% W. 209/6 11% 12%
Major retail 91% 9% 12% 16% 17% 13°/0 6o/
Multifamily 11% 15% 14% 12% 13% 90/0 60/0
Suburban office * * * 1816 18% 12% *
14 What role will workouts play -in your organization in 1997;
klstffe nt data
compared to 1996? '
15% Increase significantly
Real estate inventory systems
270/6 Increase slightly
14%
22% Remain the same
28%
14%
15% Decrease slightly
Other
6% Decrease significantly .
13%
BUSINESS OPERATIONS
15 Has your company experienced or do you anticipate any of the following?
choose all that apply)
Relocation 9% 16%
Company reorganization 8% 12%
Significant reduction in operations &/or personnel 14% 13% •-
Restnictured executive/mgmt. compensation 51% 6%'. -
Restructured debt3% 30%
Cash flow problems 6%
Conducted workout of at least one 2%
8% .
property. 2%
TA REA, ESTE OU. CV
UFIG, 0MING CALE DAGR`.
FOCUS
ONILPROPERTYMANAGEMENT:.. TAiS,
FOCUS ON
CONSTRUCTION INSTPI'UI'IONAL LENDERS & OWNERS
Call now to reserve advertising space.
612-885-0815 Fax 612-885-0818
THERE IS AN
Enz>ironnlcetal —RzCONSULTANTAS
3
AS THE ra '
YOUR COMPANY FAcEs
YOUR ENWRONMENTAL RESOURCE PROVIDING:
VOLUITARY IN' E=GATTON CLEAN UP PROGRAM
UNDERGROUND STORAGE TANK MANAGEMENT
WETLANDS MITIGATION AND PERMITTING
AIR QUALITY PER_%uTnNG
REMEDIATION/ BROWNnELD DEVELOPMENT
ENVIRONSIENTAL Srr-- AssEgsmENT5
Minneapolis, MN (612)559-1900 Deerfield, IL (847)272-6520
Lansing, MI (517)321-4964 • Milwaukee, WI (414)359-3030
cmc r...._....__.-... n.,.,.., oma.. 1AooA AIAgq-t(,-)q
6LLeSL and best use studies 18% . 9%
Environmental audits 9% 10%
Insurance review 20% 21%
Lease agreement reviews 32% 21%
Strategic business planning 16% 17%
Public relations efforts 31% 24%
Real estate inventory systems 19% 14%
Tax review
Updated appraisals on significant properties
28%
14%
170/6
22%
Other 3% 13%
17 Have you been involved in a property tax assessment review in the last year? 57% Yes 23% No
18 As a result of the review, did your assessment:
39% Increase
39% Decrease
15% Remain the same
6% Not applicable
19 Are you planning to review your property tax assessment in 19977
74% Yes 17% No
20 What steps does your firm currently take (and what steps does it plan to take)
to protect itself from environmental liability when purchasing property?
tyre you paying more than your fair share of property tax? Fredrikson
Byrott's Property Tax Group has built a reputation for aggressive and thorough
real estate tax challenges that yield our clients valuable results. To determine
if your property taxes should be reduced, contact us for a preliminary analysis
with no cost or commitment from you.
Our property tax attorneys are extremely qualified and offer service and
flexibility that is unmatched. We have successfully handled all types of properties
using a variety of fee. arrangements. And when it comes to contaminated
properties and the new contamination tax law, our experience is unsurpassed.
Knowing whether your property taxes are too high is a key component
of prudent property management. For information, call one of our attorneys
below. We can briefly discuss your situation at no charge, and can send you a
complimentary subscription of our Real Estate Dispute Focus.
t David Busch Thomas Wilhelmy James Dorsey612) 347.7031 (612) 347-7058 (612) 347.7079
Thomas Muck ®® Ryan Simafranca
612) 347-7045 (612).347.7187
s®®
FREDRIKSON & BYRON, PA..
Attorneys At Law .
1100 International Centre, 900 Second Avenue South, Minneapolis, Minnesota 55402
to r'rn'r H'M' Pan'. kl-46%'. Gedfq rnn,
now planned
Environmental engineer inspection 68% 54%
Past property user inspection 61% 48%
Soil tests 68% 570/6
Indemnity agreements 68% 51% continued on
Other 4% 2% page 19
tyre you paying more than your fair share of property tax? Fredrikson
Byrott's Property Tax Group has built a reputation for aggressive and thorough
real estate tax challenges that yield our clients valuable results. To determine
if your property taxes should be reduced, contact us for a preliminary analysis
with no cost or commitment from you.
Our property tax attorneys are extremely qualified and offer service and
flexibility that is unmatched. We have successfully handled all types of properties
using a variety of fee. arrangements. And when it comes to contaminated
properties and the new contamination tax law, our experience is unsurpassed.
Knowing whether your property taxes are too high is a key component
of prudent property management. For information, call one of our attorneys
below. We can briefly discuss your situation at no charge, and can send you a
complimentary subscription of our Real Estate Dispute Focus.
t David Busch Thomas Wilhelmy James Dorsey612) 347.7031 (612) 347-7058 (612) 347.7079
Thomas Muck ®® Ryan Simafranca
612) 347-7045 (612).347.7187
s®®
FREDRIKSON & BYRON, PA..
Attorneys At Law .
1100 International Centre, 900 Second Avenue South, Minneapolis, Minnesota 55402
to r'rn'r H'M' Pan'. kl-46%'. Gedfq rnn,
Page 19fanuary27, 1997ffl %ju wIK
CORPORATE REAL ESTATE 26 Where inMirumwtaisyour°rgaruzahonmost active?
30% Downtown Minneapolis
26% Downtown Saint Paul_
21 Which of the following was the primary focus of your 40% Bloomington
corporate real estate department in 1996? Which will be the 34% Suburban Minneapolis .
primary focus in 1997? 18% Suburban Saint Paul
1996 1997 4% Duluth
Cost reduction 55% 59% 6% St. Cloud
Disposition/ downsizing 49% 52% 5% Rochester
Expansion/site selection & relocation 43% 48% 6% Other Make
General facilities management 41% 370/6
27 What is your position within your organization? a solid
12% CEO
22 In the past two years, have you undergone a major 11% CFO
review of your corporation's real estate holdings in the fol- 171/6 Managing partner investment.
lowing areas? Do you plan to conduct a major review of any 29% President
of these areas in 1997? 27% Partner I n your
PAST 2 1997 179/6 Executive vice president
Ongoing ADA compliance 29% 33% 17% Senior vice president business, Property tax assessment 27% 29% 27°/6 Vice president
Relocation analysis 13% 15% 0% Other
Occupancy cost analysis 20% 24% a
Just -in -time -office space 12% 8% 28 How long have you been involved in the real estate
Lease renegotiation 32% 27% industry?
Utility audit 12% 171/6 179/6 0-5 years
Common area expense review 19% 13% 16% 6-10 years
Energy cost review 6% 13% 8% 11-15 years
Other 0% 0% 13% 16-20 years
89/6 21-25 years
23 Is your corporate real estate department currently out- 2% 26 or more years
sourcing any of the following functions? Do you plan to
begin outsourcing any of these functions in 19977 29 What is the asset value of your organization?
NOW 1997 28% up to $1 million
Architectural/ space planting 22°k '. 35% 12% $1-5 million
Appraisal 26% 130% 19% $5-10 million
Brokerage 27% 23% 11% $10-25 million
Information system development 17% 12% - 6% -- `. $25-50 million
i Lease aR31y815.` .1% t 22% munon
Occupancy cost analysis 33%. 24% 3% $llb500 m 7lion
ri
Property tax analysis 24% 17% 2% $500 millfori $l billion
Site selection/ relocation analysis 13% 10% 0% $1 billion+
2% Not applicable
PARTICIPANT so what is the annual gross revenue of your
QUESTIONNAIRE tip?
13% up to $1 million
24 In what segment of the real estate industry do you most
16% $1-5 million
10% $5-10 million
often participate? 3% $10-25 million
17% Appraisal / valuation 3% $25-50 million
15% Brokerage services 2% $50-100 million
13% Development ` ` 2% $100-500 million In -today's economic envi-
7% Investment advisory services 1% $500 million - $1 billion ronment, it is critical to
6% Lender/capital provider 0% $1-10 billion achieve the highest value for
6% Pension fund management 0% $10 billion+ your business expenditures. 2% Consulting
13% Property/ asset management
8% Architecture 31-. How many people are employed in Minnesota by
For building exteriors, nothing
beats the value of masonry.
4% Corporate
your organization?
7% Individual investment
11% 1-514% 6-10 If you're planning to build,
11% Legal services 9% 11-25 give us a call. We'll be happy
10% Marketing 8"/° * 26-50 to provide an infoimational
8% Syndication
13% 50+ packet tailored to your specif-
2% Portfolio management is needs.
2% Other _ 32 - Does your organization have affiliates outside
25 What property types are you primarily involved with?
Mmrve;°ta? °
49% Yes 44% No
Easy maintenance and
20% Office lasting durability make
20% Industrial/ warehouse
33 If yes' where?
masonry a solid investment.
17% Retail 28% Northeast
22% Multifamily 15% Southeast
10% Hotels
16% southwest MINNESOTA7% Self -storage
17% Unimproved land
18% Pacific Northwest MASONRY
9% R&D buildings
Midwest29%
18% Mountain states INSTITUTE23% Single-family homes 14% Canada
2% Other 1% Other
END OF 8URV6Y
612) 332-2214
DATE: September 10, 1996 for Housing and Redevelopment Authority Meeting of
September 19, 1996
TO: Anne W. Hurlburt, Executive Director
FROM: Edward J. Goldsmith, HRA Supervisor
SUBJECT: Review of HRA Strategic Plan
At the August 1" meeting, the Board requested that we review the goals established in the HRA's
Strategic Plan. Some Commissioners were particularly interested in the goals related to redevelopment
within the city. Attached to this report is a copy of the HRA's adopted Mission Statement and Vision
Statement For The Year 2000 from the Strategic Plan. The following are the goals and strategies that
were identified in the Strategic Plan along with indicators of whether the strategy is a current on-going
activity (**) or is an activity that has been undertaken during the past year (*):
I. Communications - Improve the understanding of the HRA, its functions and activities by residents
and city officials
A. Publicize HRA activities and achievements through the City Newsletter, Plymouth Sun -Sailor,
Cable TV, etc.
B. Develop promotional material describing the HRA its programs and its accomplishments
C. Regular in person reports to the City Council on HRA activities at least once per year
D. Initiate meetings to discuss affordable housing issues with the City Council, Planning
Commission and Human Rights Commission ( See also II. Housing Component of the City's
Comprehensive Plan)
E. Participate in local discussions with City officials, citizens, and property owner, manager,
business and development groups that affect housing affordability and redevelopment issues
F. Encourage local groups to support affordable housing and redevelopment activities
G. Revise Management Services Agreement with City Council
II. Housing Component of the City's Comprehensive Plan
A. Coordinate with Metro Council staff in developing recommendations
B. Initiate meetings with the City Council and Planning Commission
C. Advocate to maximize affordable housing opportunities in the Plan
Indicates current on-going activities.
Indicates activities undertaken during the past year.
III. Plymouth Towne Square - Provide high quality management for the residents and propertyA. Continue to monitor Walker Management
B. Develop 1996 budget and activities that promote high quality, responsive and responsible
operation of the building
C. As necessary, review and revise occupancy policies and rules
IV. Relationship with HUD - Effectively respond to HUD program and funding requirements
A. Maintain high levels of competency and performance in the operation of the Section 8 and
CDBG programs
B. Meet all HUD required reporting, application and expenditure deadlines or obtain necessarywaiversinatimelyfashion
C. Appropriately document necessary activities and respond to HUD inquiries
D. Maintain a good working relationship with HUD staff and obtain good HUD reviews of
programs
E. Implement Family Self Sufficiency Program
V. Housing and Redevelopment - Undertake planning and implementation activities to fulfill vision
statement
A. Assess needs, opportunities and existing programs
1. Affordable housing development
2. Plymouth Oaks
3. Highway 55 older commercial uses
4. Preservation of existing affordable housing
5. Mpls. Public Housing lawsuit settlement (Hollman vs. Cisneros)
6. Others
7. Staffing and Consultants
8. Financing
B. Formulate criteria for developing housing and redevelopment plans
C. Develop plans for housing and redevelopment activities
D. Determine funding needs
VI. Identify Funding Sources to Implement HRA Activities
A. Assess federal, state, local and private sources
B. Develop financing plan for implementation of activities
C. Develop annual HRA budgets
Indicates current on-going activities.
Indicates activities undertaken during the past year.
All but two strategies have received some level of attention during the past year. Staff time has not
been available to specifically address the older commercial uses on Highway 55 or to develop generalcriteriatobeusedindraftinghousingandredevelopmentplans. However, the City's Housing Plandoesprovidethebasisforsomeofthiscriteria. The foregoing material and the attached HRA Mission
Statement and Vision Statement should be reviewed with the Board at the September meeting.
I recommend that the Board review this material with staff as part of a process to update theStrategicPlananddevelopspecificobjectivesandstrategiesfor1997andbeyond.
1V
PLYMOUTH HOUSING AND REDEVELOPMENT AUTHORITY
MISSION STATEMENT
The Plymouth Housing and Redevelopment Authority will promote and assist in the creation
and maintenance of a variety of affordable, life -cycle housing opportunities for low and
moderate income persons. It will encourage Plymouth's economic vitality through its active
participation in the City's development and redevelopment activities.
VISION STATEMENT FOR THE YEAR 2000
By the year 2000, the Plymouth Housing and Redevelopment Authority will be a major
contributor to creating a community:
Which is supportive of quality affordable housing.
That offers a variety of affordable life -cycle housing choices dispersed throughout the City
for residents and people who work in the community.
Where the existing housing stock has been well maintained and the condition of older
housing has been improved.
Where some older commercial buildings and areas of the community have been redeveloped.
Which has acquired additional resources to address affordable housing and redevelopment
issues.
Where the HRA works in partnership with citizens, businesses, the City Council, and other
organizations
N P_
3
Agenda Number: t-p - V
TO: Dwight Johnson, City Manager
FROM: Arine Hurlburt, Community Development Director
SUBJECT: Economic Development Policy
Summary of June 13, 1994 Discussion and Recommended Strategies
DATE: Jan. 31, 1995 for the City Council Meeting of Feb. 7, 1995
1. PROPOSED MOTION:
That the City Council accept this report and direct staff to proceed with the economic
development strategies as proposed.
2. ISSUE:
On June 13, the City Council met to discuss and develop a consensus and direction for the
City's involvement in economic development activities, to be used later to develop specific
policies and action steps. This memo will summarize the results of the discussion of the
questions developed by staff, and suggest some possibilities for further action.
3. SUMMARY OF JUNE 13 DISCUSSION:
The Council reviewed a series of questions developed by staff, and each Council member
marked the questions to indicate their preferred approach. A table which shows the number
and percentages of "votes" received by each item is attached. The following statements
summarize the results of the exercise:
There was consensus on the Council that the proportions of jobs to population, and C/I
commercial/industrial) tax base to overall tax base, should be about the same in the
future as it is today or larger. No members felt that the ratios should be smaller in the
future.
The Council appeared to be willing to undertake some activities to assist development of
new industrial parks, with the greatest preference being to encourage private enterprise to
develop an industrial park (five members), with four members willing to assist a
developer with development of a site. There was little support for the city to acquire and
develop an industrial park on its own.
Clear priorities for any financial incentives were retaining business or industry already in
Plymouth, or bringing in a specific business or industry of high priority to the
community.
There was majority support for using incentives to "level the playing field" for a site that
is unusually difficult to develop. There was little support for using financial incentives to
bring jobs and tax base from outside of the city or to lure them away from other
communities.
Development of downtown Plymouth was a high priority for a majority of the Council.
Retail development is desired, but a successful downtown would include a mix of retail,
and civic, cultural and recreational activities. There was support for considering
reactivating the Port Authority if needed as a tool to assemble land and financing, and for
a redesign of the Downtown Plan.
The top choice among marketing activities was development of a detailed database of
economic information. The others that received support from a majority of the Council
were providing printed handouts and brochures, establishing a business retention
program, and becoming more active in the Twin West Chamber of Commerce:
Most of the examples of activities to improve communications with businesses received
majority support, exce t establishing a separate newsletter for businesses and holding
neighborhood meetings.
Based on the written comments, response to the questions and the discussion on June 13, it
seems that the Council as a body felt that Plymouth is already an attractive location for
economic development. Some assistance from the City may be warranted in specific
circumstances, but the City should not undertake aggressive measures to recruit businesses
from elsewhere. Instead, the priority should be to provide information and assistance to
businesses already here. New businesses that are environmentally responsible and that provide
good, living -wage jobs should also be a priority. We should focus on keeping the City
attractive by encouraging a healthy tax base, keeping tax rates low and protecting the city' s
reserves and high credit rating.
4. ALTERNATIVES
Based on the direction from the Council, the following list of activities could be undertaken.
The list does not encompass every possible action, but is illustrative of activities that would be
consistent with Council priorities as well as address some issues identified by staff.
a. Goals
1) In future updates to the Comprehensive Plan (i.e. Northwest Plymouth Study) or in
requested changes to the existing plan, incorporate the Council's goal to maintain and
preferably increase the proportion of C/I (commercial/industrial) development. The
future land use plan as well as infrastructure plans will preserve opportunities for C/I
development at prime locations.
2) The next time the goals and criteria section of the Comprehensive Plan is revised,
include more specific goals and policies for C/I development, including updating
location criteria for C/I development, goals for types of industry and jobs needed and
t io
0 criteria for projects
0 changes in federal and state laws and rules
0 projects for non-profit organizations
0 need to review applicant financial data
0 application fees needed to cover costs of issuance and ongoing city
responsibilities during life of bonds
0 staff discretion in negotiating projects
4) Study the possible roles of the Housing and Redevelopment Authority (HRA) in
economic development
5) Review the potential uses of CDBG (Community Development Block Grant) funds to
address economic development needs.
6) Submit a State of Minnesota Business and Community Development Application in
time to be considered for next funding cycle if requested by local businesses.
0 conduct a needs assessment
0 identify specific City projects (such as technical assistance for economic
development) that may qualify for funding
0 identify specific business projects needing assistance that cannot be met by other
means
7) Direct any future project revenue from repayment of grants/loans to other business
assistance activities, such as establishing a revolving loan fund for small economic
development projects.
8) Examine city public improvement assessment policies for impact on economic
development, and determine if modifications are needed to implement the City's
economic development goals, particularly with respect to redevelopment projects.
d. Downtown Plymouth
1) Develop a concept plan for Downtown Plymouth that reflects the City Council goal of
developing a retail and civic center for the community. This study should include:
0 developing a "theme" or unifying concepts for the area
0 identifying present and future market factors affecting development
0 defining desired uses
0 developing design criteria
0 integrating pedestrian and vehicular circulation patterns
0 the relationship between C/I, public and residential uses in the area
0 identifying regulatory changes needed to implement the plan
2) Use City ownership of the 5 -acre site at the corner of Vicksburg and Highway 55 as
leverage to encourage a quality development in this portion of the downtown. Develop
a process by which the City would receive proposals for the use and sale of the
property consistent with the concept plan.
3) Research the possible use of the City's Port Authority powers as a tool to assemble land
or take other actions to facilitate the development of the Downtown area.
0 /1
e. Marketing
1) Create a brochure to be used to respond to general inquiries about business
opportunities in Plymouth.
2) Create a detailed data base and maps of available development sites.
3) Attend real estate development trade shows sponsored by the Twin West Chamber,
with booth providing information to existing and prospective businesses. _
4) Establish a regular visitation program to City businesses or industries to assist with
retention of existing business
5) Become more active in Twin West Chamber of Commerce committees and program by
assigning staff members to participate in key committees and encouraging elected
officials to become involved.
f. Communications and Relations with Business and Industry
1) Hold an annual business town meeting
2) Continue to host a Twin West State of the City meeting for business
3) Begin a regular column or feature about Plymouth business in the Plymouth News or in
the local newspaper.
g. Development Management
This was not one of the categories in the Council survey from last June. However, it is a
factor often cited by C/I developers. The Minnesota Real Estate Journal has often mentioned
Plymouth as being "inhospitable" to development. Earlier this year, the City undertook a
survey of developers to get more information on this issue. A report on the survey will be
given to the Council in January. There are a few possible strategies that should be considered
based on the input we received:
1) Review and improve the informational materials currently available to proposers of new
commercial/industrial building projects to help explain the city's development process.
Make these materials more user friendly.
2) Improve the level of service received by businesses proposing new developments in the
City, in order to respond to concerns identified in the development survey, including:
consider revising the development approval process to streamline permitting
approvals
for each project, assign a staff person as the primary contact for all
communications and applications with the city
review local ordinances to determine the impact on development cost, and revise
requirements if it is possible to reduce costs while still ensuring quality
5. DISCUSSION:
In the past year or two development has been in a "boom" part of the business cycle. Little
promotion has been needed to encourage new jobs and tax base to locate in Plymouth. And,
with most staff resources devoted to processing new applications, little time has been available
to reevaluate policies and procedures, or to prepare databases or promotional materials. Even
though interest rates have recently risen, we expect to continue to have a high level of project
activity in the coming year. Therefore, we will not have the staff resources to be able to
K
pursue all of these strategies immediately. Instead, we should probably focus available
resources on the highest priority activities or activities needed to respond to current
development proposals.
There are several projects or issues that are related to current or pending development
proposals that need immediate attention. The city has been receiving inquiries regarding
Downtown Plymouth, particularly the 5 -acre site at the comer at Vicksburg and Highway 55.
It is very likely that a private developer will be coming forward with a proposal to develop that
site and some of the surrounding land area in the next several months. We need to be
prepared to respond when that happens.
There are also a number of proposals that may require city assistance in one form or another to
which we must respond. One example is the Hoyt proposal for a new industrial park at I-494
and Schmidt Lake Road, which staff is currently working on. A report should be coming to
the City Council very soon. Staff is are actively working on a new TIF district for P.O. S.
business systems and another similar request to pay for needed soils corrections. The city
receives frequent inquiries about the availability of TIF, industrial development bonds or other
assistance to businesses.
There are also funds available from the State of Minnesota that could assist several local
companies. We've had preliminary discussions with a couple of companies about this
program. To tap these resources will require some proactive work by the city to prepare
applications that need to be timed with the State's funding cycle. Pursuing this program may
also have some future benefits by generating revenue for other economic development
activities.
As opportunities arise to undertake the other strategies they should be pursued. A number of
the tasks listed in the "goals" category can be done as part of upcoming Comprehensive Plan
amendments for northwest Plymouth, or as part of a strategic planning process that will be
undertaken by the HRA in 1995. Others may need to wait for a time when development
activity slows.
6. BUDGET EVIPACT:
Many of the suggested strategies will have budget impacts, either requiring direct expenditures
for consultants, printing, or other costs. The largest impact is probably on staff time, which
could mean reassigning staff from other activities or adding to the existing staff complement.
There may, however, be some off -setting revenues to help balance the costs. For example, the
city may realize revenue from administrative fees charged for providing certain services, such
as approval of tax exempt financing. And, new development contributes to the city's general
fund initially in the form of fees and permits, and eventually will contribute property tax
revenue. Expenditures may result in long-term benefits to the community in the form of a
larger and broader tax base, and jobs and services available to residents.
7. RECOMMENDATION:
I recommend that the City Council accept this report, and adopt the goals and strategies for
economic development as proposed, or as may be modified by the Council's discussion. The
priorities for action should be as shown on the attached chart. The various strategies are
classified according to short term activities (next 12 months); on-going activities or those that
will be done on an as -needed basis; and, long term activities (12 to 36 months.)
Staff will prepare specific proposals for Council review to initiate action on each task as
needed.
ATTACEMENTS:
1. Ranking of Alternatives, June 13, 1994
2. Draft Economic Development Strategy Priorities
G: \CD\PLAN\REPORTS\TIF\ECONDEV2. DOC
POLICYALS
Economic Deve%pment Policies
Ranking of Alternatives
Plymouth City Council, June 13, 1994
3: Financial Incentives
Number Percent Percent
Should Plymouth use financial incentives to:
of Votes of Votes of Council
1: Goals
2 9% 29°%
When Plymouth eventually achieves its full growth, should the current ratios
2 9% 29°%
of jobs to population and C11 tax base to overall tax base be:
2 9% 29°%
a) about the same as today 6 67% 86%
b) proportionally larger 3 33% 43%
c) proportionally smaller 0 0°% 0°%
f) to retain a businesslindustry already in Plymouth 7
100%
100%
2: Industrial Parks
0 0% 0%
Should the City undertake any of the following:
100%
a) encourage private enterprise to establish a new industrial park 5 36% 71%
b) assist a private developer with acquisition of a site 2 14°% 29°%
c) assist a private developer with development of a site 4 29% 57%
d) City acquire and develop an industrial park on its own 1 7% 14°%
e) take no action; private market forces are strong enough 2 14% 29%
100%
3: Financial Incentives
Should Plymouth use financial incentives to:
a) bring jobs and tax base here even if from another metro community? 2 9% 29°%
b) bring jobs and tax base here only if from outside the metro area 2 9% 29°%
c) bring jobs and tax base here only from out of state 2 9% 29°%
d) level the playing field for a site that is unusually difficult to develop 4 17% 57°%
e) bring in a specific kind of business or industry that is of high priority to the 6 26% 86%
community
f) to retain a businesslindustry already in Plymouth 7 30% 100%
g) none of the above 0 0% 0%
100%
4: Downtown Plymouth
Is the rapid development of downtown Plymouth a priority that is:
a) high 5 71% 71%
b) medium or 1 14% 14%
c) low 1 14% 14%
100%
Is significant new retail development important to downtown Plymouth, or is
it acceptable for it to become a civic, cultural and recreational center for the
City?
a) significant retail development is important 4 40°% 57%
b) Downtown would be successful if it becomes the important civic, cultural and 6 60% 86°%
recreational center.
100°%
POLICY.XLS
Number Percent Percent
of Votes of Votes of Council
Should the City facilitate major development in Downtown Plymouth by such
means as
a) reactivate the Port Authority to aggressively assemble land and/or financing 6 40% 86%
b) major changes/redesign of PUD for Downtown 6 40% 86%
c) significant use of financial incentives 2 13% 29%
d) none of the above; downtown will develop satisfactorily anyway 1 7% 14%
100%
5: Marketing
Should the City take any or all of the following actions to make our City
better known to the business community:
a) make printed handouts and brochures to respond to inquiries 4 13% 57%
b) prepare a detailed data base of economic information 5 17% 71%
c) attend real estate development trade shows with a booth. 3 10% 43%
d) establish a regular visitation program to City businesses or industries to assist wtih 4 13% 57%
retention of existing business.
e) become more active in Twin West Chamber of Commerce 4 13% 57%
f) become a Minnesota Star City 3 10% 43%
g) selectively market our City to the outside world to attract new business 3 10% 43%
h) generally market our City to the outside world via economic development trade 2 7% 29%
publications, etc.
i) visit desirable business/industry in other areas to encourage them to relocate in 2 7% 29%
Plymouth
100%
6: Comm unicationsjRelations with Business and Industry.
Should the City undertake the following items to improve communications
and relations
a) continue to hold annual business town meetings 5 25% 71%
b) continue to host a Twin West State of the City meeting for business 5 25% 71%
c) begin a regular column or feature about Plymouth business in the Plymouth News 4 20% 57%
d) establish a separate City newsletter for business similar to the Plymouth News 0 0% 0%
e) hold more "neighborhood" meetings with business people 1 5% 14%
f) work on streamlining development and permitting approvals for businesses 5 25% 71%
100%
3
I
a) U
0
a
O
CIS
CGV1
w0 cd p
y C Ua+ G p N ti 0O
N
a
w
w
aa)
p c O
a o G
U 0
ter,
vUi h U i"
w O v p
C13C,3
c
b4
C a)
P4 R. c+ N 0° O
c Q Cd x rn bA O
U
rUa
a) b
0
C)
EelF
O o ' a m a, Ud)' v, $
b
r'" ami O D ' El
A cd :o N c o o
a)
fl o
ty U a> s, 0ti U U0
o
40
A03
W or.>—
a
cc .n
CO
CS
o w ani
w d
a)
wO
u p a) w 6-4 ed
n 0 cc a o
nW
o m a GA L. ao mo o.
a) U
CIS
CGV1
U
y C Ua+ G p N ti 0O
N
a
w
U
a o G
U 0
n 3 o o
o' a)
yra+
0
U
a]
U
UQ ca
4) iCy cd
0uz
Z:3
fl o 41)
40 M O cc .n N H Cli Q
CS ti t O
a)
wO
O
Q °
O
Gy C d cF. O CO)
Qn a) UcnU
o. o
w
o
o o o p. O°
a '
N N
a
U g
pi
4 y•
Ln
2
o a) o cz
E a'
Q. o ti °.
ti
o °cn q a"
awoaaiw F" a 8 3
w a E w ani
0
a 'd o -o
U U c.U A o v,
cz
N V M ca
a) U
cd
U
cl
cl
w
U
b
E
J42
o O a0i
U O
aU tea"
ami
4a) 3 CO
p1.i T3 U
A N as
Y,
b
a
a OCd
c
a
H
0
U
F.
Oa
cQ Utr U
cda E
3 0UCO
oatiU.
cd ooa
U U W pq C's mia
o U
a N
anica
I
0
Q h
3
0rA 3
a
Qn
Cd
cn
J-.
0)
2'
v i U
x U
o
N n
O
U
a
U
a
cu Cd
aa,
ao
N O.•O
b0
N
The Minnesota Department of Trade and Economic Development ; • a:e:''•
F
ot ad8 '.
Community Profile
p p:
City of Plymouth '`..
Overview
Plymouth's formal origins date to 1855, and for many years agriculture was the mainstay of the community, but now it has
a diverse economic base. Several key highways run through the City, making it attractive to businessess. Major industries
include insurance, marketing, distribution, printing, manufacturing and R&D. Its strategic geographical location, wooded
terrain, lakes and park system continue to attract new residents and businesses.
Location
County
Region
Distance from Minneapolis
Distance from nearest MSA*
US Congressional District
MN Legislative District
World Wide Web site
Population
Area 1994 Estimate
City 57,391
County 1,056,673
Nearest MSA 2,838,194
Source: U.S. Census, State Demographer
Hennepin
Metro
12 miles
0 Miles from Minneapolis -St. Paul MSA
3
33B, 34B, 45A, 45B
www.ci.plymouth.mn.us
1990 Census 1980 Census 1970 Census
50,889 31,615 18,077
1,032,431 941,411 960,080
2,538,776 2,198,190 2,026,715
Metropolitan Statistical Area
4724 Travel Agencies
Major Employers
Employer Sic ProduculServices Employee Count
Prudential Insurance Co 6411 Insurance Agents, Brokers & Service 3,500
Carlson Travel 4724 Travel Agencies 1,150
Carlson Marketing 7389 Business Services, nec 1,000
US West Communications 4813 Telephone Communications Ex Radio 700
Honeywell Inc 3674 Semiconductors & Related Devices 560
ITT Life Insurance 6311 Life Insurance 500
Value Rx 8099 Health & Allied Services, nec 500
Schneider USA Inc 3829 Measuring & Controlling Devices, nec 480
Select Comfort Corp 2515 Mattresses and Bedsprings 475
JT Food Service 5199 Nondurable Goods, nec 300
Buhler Inc 3556 Food Products Machinery 285
Upsher-Smith Laboratories Inc 5122 Drugs, Proprietaries & Sundries 270
Banner Engineering Corp 5063 Electrical Apparatus & Equipment 260
Polaris Industries 3799 Transportation Equipment, nec 252
Scoville Press Inc 2752 Commercial Printing, Lithographic 250
Deltak Corp 3443 Fabricated Plate Work, Boiler Shops 250
McQuay Intl 3585 Refrigeration & Heating Equipment 240
LSI Corp of America 3089 Plastics Products, nec 215
Nu -Aire Inc 2836 Biological Products Ex Diagnostic 200
Turck Inc 3679 Electronic Components, nec 200
nec - Not Elsewhere Classified
9/96
Plymouth 2
Workforce
Wastewater
Water Source Wells
Hennepin Hennepin County
Mechanical Plant
Storage Capacity 7,500,000 gal.
County &Adjacent Counties MSA
Total Employment
16,000 gal./minute
625,193 1,361,194 1,528,026
Available Workforce
7,000,000 gal./day
645,899 1,407,179 1,580,436
Annual Average Unemployment
22,445,000 gal./day
3.2% 3.3% 3.8%
Employment By Industry
24 ppm
Industrial Water Rate Base chg. $3.88/bi-monthly;
Hennepin Hennepin County
of Total Employment County &Adjacent Counties MSA
Agriculture 0.4 2,774 5,752* 6,982*
Mining 0.0 46 394* 475*
Construction 3.7 22,927 47,029 51,256
Manufacturing 19.3 120,572 249,543 269,048
Trans., Comm., Utilities 7.8 49,010 74,034 77,620
Wholesale Trade 9.1 56,738 89,121 91,652
Retail Trade 21.4 133,637 245,081 266,933
Finance, Ins., Real Estate 12.0 74,760 106,456 110,555
Services 36.7 229,406 380,812 399,970
Government 13.1 82,166 167,074 180,610
Source: Bureau ofLabor Statistics, 1994 N/A' - No Data Available *Data for Some Counties Not Available
Occupations and Wages in Twin Cities Region
Job Title Wage/Hr. Job Title WagP/Hr.
Accountants & Auditors 15.75 Machine Feeders & Oflbearers 9.25
Assemblers & Fabricators 10.16 Machinists 16.23
Bookkeeping, Acctg, & Auditing Clerks 10.78 Maintenance Repairers, Gen. Utility 13.59
Comb. Mach. Tool Set/Oper/Tend 11.35 Offset Lithograph. Press Set/Oper/Tend 15.62
Computer Operators 12.32 Packaging/Filling Mach. Oper/Tend 9.50
Computer Programmers 16.08 Plastic Mold./Cast. Mach. Set/Oper/Tend 8.50
General Managers & Top Exec. 27.16 Receptionists & Information Clerks 8.14
General Office Clerks 9.86 Sales Representatives 15.39
Hand Packers & Packagers 7.50 Secretaries, Except Legal & Medical 11.52
Source: MNDept. ofEconomic Security, 1994
Utilities
Electric Natural Gas
Electric Utility Wright -Hennepin Coop Electric Assn Gas Provider Minnegasco
Telephone (612) 477-3000 Telephone (800) 269-1114
Econ. Dev. Contact Neil McMillin Econ. Dev. Contact Arnold Hendrickson
Telephone (612) 477-3076 Telephone (612) 321-5375
Electric Utility Northern States Power Co
Telephone (800) 642-6066
Econ. Dev. Contact Anita Duckor
Telephone (612) 330-6446
Water Wastewater
Water Source Wells Treatment Type Mechanical Plant
Storage Capacity 7,500,000 gal. Capacity of Plant 250,000,000 gal./day
Pumping Capacity 16,000 gal./minute Average Demand 226,000,000 gal./day
Average Demand 7,000,000 gal./day Peak Demand 600,000,000 gal./day
Peak Demand 22,445,000 gal./day Usage Charge Base chg. $2.95; $1.72/1,000 gal.
Total Water Hardness 24 ppm
Industrial Water Rate Base chg. $3.88/bi-monthly;
75/1,000 gal.
Plymouth 3
Communications
Miles From City Load Limit in Tons
Telephone
1-394
Teleconferencing
1
Local Telephone Company US West Communications Available in City N/A
Telephone Number 800) 603-6000 Available for Public Use N/A
Econ. Dev. Contact Linda Richards
Load Limit in Tons Seasonal Limit in Tons
Telephone Number 612) 663-5675 Media Information
9
Digital Central Switch Yes TV Stations 9
Integrated Services AM Radio Stations 19_
Data Network (ISDN) Yes FM Radio Stations 25
ISDN Rate Interface Basic
Equal Access Market Yes Cable TV
Extended Area Service No Local Company King Videocable
Custom Calling Features Yes Telephone 612) 533-8020
Customized Local Area Services No
Depth
Truck Terminals
Newspapers
Newspaper Name Telephone Frequency
Plymouth Sun Sailor (612) 935-0448 Weekly
Lakeshore Weekly (612) 473-0890 Weekly
Minneapolis Star Tribune (612) 673-4000 Daily
Commercial Transportation & Shipping
Highways
Interstate Miles From City Load Limit in Tons Seasonal Limit in Tons
1-394 1 9
I-494 Within 9
Four Lane Miles From City Load Limit in Tons Seasonal Limit in Tons
US -169 Within 9
MN -55 Within 9
Other Miles From City Load Limit in Tons Seasonal Limit in Tons
CO -6 Within
CO -9 Within
Truck Navigable Water
Truck Lines 334 Navigable Water Name Depth
Truck Terminals 60 None —
Rail
Inter -Modal Facility: No
Distance from City is — — —
Rail Lines Soo Line Chicago/Northwestern
Frequency N/A N/A
Reciprocal Switching N/A N/A
Distance to Main Line N/A N/A
Passenger Service N/A N/A
Plymouth 4
Air Service
International Local/Regional
Name Mpls./St. Paul Intl. Airport Crystal Airport
Location Bloomington Crystal
Miles to 18 8
Longest Runway Length 10,000 feet 3,267 feet
Surface Type Paved Paved
Lighted Yes Yes
Customs Yes No
Navigational Aids BEACON BEACON
DME VOR/DME
VOR/DME
Weather Info. Systems AWOSA/MNWAS AWOSA/MNWAS
SAWRS PUBLICTV
Airlines
five largest carriers)
Northwest
TWA
American
Delta
United Airlines
Housing & Commercial Activity
Housing
Single Family Units 13,782 Percentage Owner Occupied 74%
Multiple Family Units 5,660 Median Sales Price — — —
Mobile Homes 93 Median Assessed Value — — —
Number Housing Units Built Since last Census 22,851 Median Rent $611
Number of Residential Building Permits for 1996 901 Vacancy Rate 6%
Value of Residential Building Permits for 1996 $42,122,552
Source: US Census, 1994; Community
Commercial Activity
Number of Commercial Building Permits for 1996 11
Value of Commercial Building Permits for 1996 $23,153,813
Number of Public Building Permits for 1996 9
Value of Public Building Permits for 1996 $4,348,392
Retail Sales
Year City County
1993 $455,565,710 $11,991,286,572
1992 $560,926,719 $11,261,314,539
1991 $491,116,286 $0
Source: MNDept. ofRevenue, 1993
Business do Community Services
Financial Institutions
Name
Norwest Bk MN NA
First Bk NA
Anchor Bk NA
Metropolitan Federal Bank
VIP Metro Credit Union
Twin City Co-ops Federal Credit Union
Lodging & Meeting Facilities
Facility Number Facilities Facility
Available Size
Hotel 6 814 rooms
Motel 0 N/A
Conference Center 1 N/A
Local Medical Facilities
Total Assets
15,453,887,000
14,566,983,000
102,906,000
Capital as % ofAssets
7.0%
7.6%
9.6%
Plymouth 5
Teleconferencing Teleconferencing
Available Available to Public
Yes Yes
N/A N/A
N/A N/A
Facility Number Facilities Total Number Telemedicine
Available ofBeds Available
Clinic 9 N/A
Doctor 75 N/A
Dentist 25 N/A
Hospital 0 N/A
Nursing Home 1 N/A
Name of Nearest Hospital (if none in city): Methodist Hospital, St. Louis Park
Miles to: 7
Local Transit
Service Available Name
Inter -City Bus Yes MCTO, Medicine Lake Lines, Plymouth Metrolink
Intra -City Bus Yes Medicine Lake Lines, Plymouth Metrolink
Taxi/Cab Yes Yellow Cab, Suburban Taxi
Disabled Transportation Yes Metro Mobility
Library
Library Type Name
Public Library Plymouth Community Public Library Library Internet Access N/A
Regional Library System Metropolitan Regional Library
Worship Information
Protestant 34 Catholic 2 Jewish 0 Other 1
Recreation
Facilities
The City boasts 39 parks, Plymouth also maintains a trail system of over 70 miles. The City has a variety of recreational
programs for all ages. A major new sports complex, with ice arena, pools, and fitness center, will open in early 1997.
Festival/Arts
Music in Plymouth, Ayuatennial, Fire & Ice Festival, History Fest, Art Fair.
Service Organizations
Jaycees, Rotary, Optimist, Lions, Plymouth Civic League.
Education
Post -Secondary
Nearest Technical College & Specialty
Hennepin Tech College - Brooklyn Pk
Environmental
Office Management
Electronics Technology
Laser Electro -Optics Technology
Mach Tool/CNC
Nearest Community College & Specialty
North Hennepin Comm College
Marketing Mgmt.
Acctg., Bookkeeping & Related
Law Enforcement/Criminal Justice
Nearest Public University
University of Minnesota
Nearest Private CollegeVniversity
University of St Thomas
Location
Brooklyn Park
Comp Supp & Networking
Industrial Energy Systems
Automated Machinery: Packaging
Welding
Advertising, Applied & Commercial Art
Location
Brooklyn Park
Legal Secretarial
Computer Science
Graphics Design
Location
Minneapolis
Location
Minneapolis
Plymouth 6
Miles to
7
Comp Pro/Operator
HVAC -Heating, Vent & AC
Fluid Power
Plastics Technology
Automotive Technician
Miles to
10
Financial Mgmt. & Svcs.
Computer Programming
Miles to
15
Miles to
12
Local K-12
School Type ofSchools Enrollment Grades Pupil/TeacherRatio
Senior High 4 5,772 10-12 24:1
Junior High 6 4,231 7-9 23:1
Elementary 13 8,749 K-6 26:1
Government
Structure
Organization
Budget
City Bond Rating
Comprehensive Land Use Plan
Recycling
Fire Insurance Rating
Industrial Plans Approved by
Public Protective Services
Service Type
Fire
Police
Sheriff
EMT
Council\Manager
13,957,624
Moody's AAA
Yes
Yes
5
City Council, Planning Commission
Regular Part-time Volunteer Seasonal
1 --- 71 ---
54 --- --- ---
470 --- --- ---
Plymouth 7
Property Taxes
Property Tax
3
Assessed Market Value
22
Municipal Tax Rate 14.394% Commercial 985,497,100
County Tax Rate 37.270% Residential 2,791,167,600
School Tax Rate 60.111% Other 21,881,600
Misc. Tax Rate 6.135% Total 3,768,546,300
Total Tax Rate 117.910%
N/A N/A
Minnesota commercial real estate taxes are based upon market value of taxable property as set by the local assessor. To
compute the tax, first compute the tax capacity by multiplying all property value up to $100,000 times .03, plus any value
over $100,000 times .046. Tax capacity times the tax rate equals taxes owed.
Industrial Sites
Site Name Industrial Site Commercial Site Industrial Site Commercial Site
Landowner
Total Acreage Available 3 15 22 4
Subdividable N/A N/A N/A N/A
Price 4 per Acre
Development Group Option N/A N/A N/A N/A
Build to Suit N/A N/A N/A N/A
Zoning Classification PUD B-1
Fire Insurance Class
Electricity
Water
Gas
Wastewater
Rail N/A N/A N/A N/A
Assessment N/A N/A N/A N/A
TIFDistrict N/A N/A N/A N/A
Economic Development Services Incentives:
Economic Development/Housing Redevelopment Authr. Yes
Local Development Corporation No
Chamber of Commerce Yes
Locally Controlled Loan Program Yes
Tax Increment Financing Yes
Contacts
Dwight Johnson
City Manager
City of Plymouth
3400 Plymouth Blvd.
Plymouth, Minnesota 55447-1482
612/509-5051
Anne Hurlburt
Community Development Director
City of Plymouth
3400 Plymouth Blvd.
Plymouth, Minnesota 55447-1482
612/509-5401
Larry Dowell
President
Twin West Chamber of Commerce
Woodside Office Park #2
10550 Wayzata Blvd
Minnetonka, Minnesota 55343
612/540-0234
Minnesota Department of Trade & Economic Development
Business and Community Development Division
Office of Regional Initiatives
500 Metro Square
121 - 7th Place East
St. Paul, Minnesota 55101-2146 USA
612/296-5022
800/657-3858
FAX: 612/296-1290
TTY/TTD: 612/282-6142
June 19, 1997
Michael Stulberg
John Stoebner
Allen Ribbe
Jeffrey Thompson
Kim Koehnen
Robert Stein
Roger Berkowitz
City of Plymouth
34:' - Plymouth Blvd.
Plymouth, Aviv 55447-1482
Dear Planning Commissioners
We are writing to you concerning the type of development planned for the site of thesoutheastcornerof22"d Avenue and Vicksburg Lane.
We believe that the Comprehensive Land Use Plan designation LA -2 is appropriate forthissitesincetheParker's Lake area is primarily a residential area and the developmentoflowdensityresidentialtownhomeswouldserveasatransitionbetweenthesinglefamilyneighborhoodsandthehigherdensityhousingtotheeast.
We believe that commercial development would not fit with the surrounding residentialneighborhoodandfeelthatwearealreadyservedbyretailserviceswhichareinwalkingdistance.
Traffic within the area of 22"d and 24" Avenues, streets not designed to assume highlevelsoftraffic, would increase endangering the children who populate these areas. Vicksburg Lane which does not have left turn lanes is not suitable for the volume oftrafficthatacommericaldevelopmentwouldattract.
We appreciate your attention to this matter and ask that you consider the rezoning of thissitetoconformwiththecurrentguidingcomprehensivelandusedesignationofthissite: LA -2 Townhome or Single Family Housing.
Sincerely,
Lyliane and J.Patrick McDonough
15710E 24`h Avenue North
Plymouth, MN 55446
Updates as of June 20,1997 in BOLD
Item
MAJOR ISSUES LIST
Comment First or Next
Offcial Action
1 Hans Hagen Development Neighborhood meeting was held June 3rd. Hagen has
extended review deadline to Sept 19th. July or later
2 Gramercy Park New site plan received showing smaller building footprint, and July to PC
more preservation of Vee and wetland buffers.
3 Cellular antennas -Plymouth Middle School New application made for 132' antenna on commercial property to east. July 8 to PC
US West to co -locate on this tower, if approved.
4 Rottiund Development -Senior Housing New plan received with no single family homes. Plan submitted
has insufficient parking. Senior Citizen complex still planned.
5 Town and Country-reguiding LA -2 vs. LA -3 Hearing postponed by applicant. July 22 to PC?
Traffic Study underway for alternative site access points.
6 Shenandoah Apartment Complex Original proposal of 105 units re -designed to 64 units. July 8 at PC
July 23 at CC?
7 Shenandoah Townhomes Financing Request Ordinance creating Housing Area passed June 18th. 45 day Study session on
protest period started. Study session established. July 29th
8 LifeTime Fitness/Plymouth Ice Arena Both Indoor pools open at LifeTrme. Second ice sheet scheduled Study session on
for July 5th. Study Session established. July 29th
9 Activity Center Council approved RFP for architects on June 18th. Both School Approve architect
District 281 and 284 expressed interest in a Family Resource Center In August
10 New High School/Peony Bridge Project Bridge to be complete July 1, road and utilities by August 1
Asphalt road base is now completed.
11 Harbor lane Street Reconstruction Bids received and under budget. Contract awarded May 28th
Construction to begin after July 4th.
12 Ridgemount Street Reconstruction Contract awarded June 18th
13 Vicksburg Street Reconstruction Project approved 6/4. Plans approved June 18. Receiving bids next Bids July 23 meeting
14 Zachary Lane Reconstruction Consultant selected June 18. Preliminary design and neighborhood
meetings later in summer.
15 Cimmaron East Street Reconstruction Plans approved 5/28, assessment hearing and award next
Bids received and are under estimate. Asmt hearing July 9
16 Flood Relief -City efforts Work in Hendrum was completed successfully last weekend with
four city workers and four pieces of equipment.
17 Parkers Lake industrial park-Lavander Loading docks being redesigned by applicant. No dates set yet.
18 Ameridata Final agreements signed by all parties. Council approved May 28 Done
19 Parkers Lake Commercial Site Letter received from Mpls. Commercial buyer has withdrawn. June 24 at PC
Mpls. to consider approving a residential buyer by late July.
Staff will recommend continuance of hearing at PC
20 New Moen Lauer project -36th Avenue Passed PC on May 13th. Interim use permit to stockpile dirt requested. Done
Project approved June 4th.
21 Can -Do Zoning Violation Report made to Council May 28th. Owner states he is evicting Can -Do
effective June 30th. July?
22 Zoning Ordinance Updates Workshop with PC July?
23 Elim Homes Stili working on plans and EAW, no dates for meetings known yet.
24 Plymouth Ponds (Moen-Leuer) follow-up issues PC recommended denial of new plan for outdoor trash containers
Landscaping, NURP pond issues updated in same staff report
Postponed to
July 9 meeting
25 US West -cellular tower at Co.Rd 9/Fembrook US West seeking to go on to an NSP tower instead of residential
area. No formal application yet.
26 Water shortage Cooler, moister week allowed all wells some "rest"
27 US West PCS tower at 15th & Xenium US West wishes to place a new 75' tower on their own property 7
rather than on nearby City water tower.
281 1