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EDA Agenda 01-08-2020 (Workshop Meeting)AGENDA WORKSHOP MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, January 8, 2019 — 4:30 p.m. Academy Room, Monticello Community Center Commissioners: President Steve Johnson, Vice President Bill Tapper, Treasurer Jon Morphew, Tracy Hinz, 011ie Koropchak-White and Council members Lloyd Hilgart and Jim Davidson Staff: Jeff O'Neill, Angela Schumann, EDA Executive Director Jim Thares, Jacob Thunander, Wayne Oberg 1. Call to Order 2. Roll Call 3. 2020 Work Plan Feedback Discussion and Formulation 4. Adj ournment EDA Agenda: O1/08/20 3. Consideration of Discussion of 2020 EDA Workplan (JT) A. REFERENCE AND BACKGROUND: With the turn of the calendar into 2020, it may serve the EDA well to review its 2019 Workplan and reaffirm its Goals and Obj ectives or, as warranted, establish new goals and objectives. The adopted 2019 Workplan is attached for review. Also attached is a 2020 Worksheet form that allows you to identify 2019 carry over goals and priorities as new objectives for 2020. Supporting documents and/or links to plans are also attached as reference material. Staff believe that it will be very important to review and discuss the status of 2019 Workplan performance as part of the Workshop. Questions about status of goals can be directed to staff during this time and updates can be provided during the Workshop so that quality information is available in shaping the 2020 Workplan. The EDA will note that in 2021. Its workplan will likely be influenced by information resulting from the 2019-2020 Monticello 2040 Vision + Plan process. It is envisioned that discussion and shaping of a 2020 Workplan could occur during the January 8, 2020 Workshop and if needed at the 2"d EDA meeting on January 22, 2020. Those discussion points will then inform a proposed 2020 Workplan which could be considered for adoption at the regular February 12, 2020 EDA meeting. B. ALTERNATIVE ACTIONS: 1. No Motion needed; Discussion only C. STAFF RECOMMENDATION: None; Discussion only D. SUPPORTING DATA: A. Adopted 2019 EDA Workplan B. 2020 EDA Workplan Worksheet C. Downtown Small Area Study Implementation Plan Goals-Priorities ECONOMIC DEVELOPMENT AUTHORITY 2019 ANNUAL ECONOMIC DEVELOPMENT WORK PLAN EDA Purpose: The EDA is charged with coordinating and administering the City of Monticello's economic development and redevelopment plans and programs. The EDA is also responsible for housing and housing redevelopment. EDA Work Plan Mission Statement: The EDA's work plan is adopted in support of achieving the goals of the Monticello Comprehensive Plan and the 2017/2018 City Strategic Plan. The EDA will be proactive by developing and undertaking actions for achievement of the Comprehensive Plan's Economic Development goals and will be reactive in responding to economic development opportunities as they arise in the most timely and effective manner possible. The EDA shall utilize the economic development strategies of the Comprehensive Plan, including the Downtown Small Area Plan as a guide for action. Comprehensive Plan Goals: Attracting & Retaining Jobs Expanding Tax Base Enhancing Downtown Facilitating Redevelopment Housing Choice for Life-Cycle EDA Objectives: 1. Continue to support redevelopment efforts for publicly-owned properties in Block 52. a. Continue to focus on site control for a potential future targeted redevelopment in Block 52. b. Resolve the parking issues that relate to potential future redevelopment of Block 52. c. Engage with the wider development community to test concept ideas and explore the marketability of Block 52 as well as the opportunities for possible partnerships in redevelopment plans/efforts. d. Support as needed the completion of transportation improvements as envisioned in the Downtown Small Area Study Plan. 2. Implement the recommendations of the Downtown Small Area Plan a. Support and advocate for improvements to the downtown as envisioned in the Small Area Plan. b. Develop and support the appropriate policies, programs, and incentives that enable the type of development described in the Plan. c. Continue to build a funding base for use in property acquisition and redevelopment efforts in targeted areas. d. Implement a fa�ade improvement program for desired revitalization areas. e. Meet with downtown property owners either in a group setting or individually to understand their concerns with traffic, parking, land use and possible reinvestment in their property as well as willingness to sell, partner, price, etc. £ Support opportunities for park and trail development as consistent with the Downtown Small Area Plan. g. Encourage the redesign of the pathway connection under the MN TH #25 bridge to incorporate safety elements and improved lighting. 3. Engage as a partner in local and regional development opportunities as they arise and also the Comprehensive Planning process as it relates to strategic visioning, land use, transportation, housing and economic development components. a. Encourage and support coordinated planning and development of parks, trails in or near business districts. b. Support the development of the pathway connecting Bertram Chain of Lakes Regional Park and the City limits. c. Continue discussion on use of tax reimbursement/abatement, including development of criteria. d. Consider funding and/or completing studies that provide policy and strategy framework for desired land uses/or projects in the downtown and for other programs. e. Monitor commuter rail development in and around the Twin Cities metro region for potential benefits and opportunities to serve Monticello. 4. Support new multi-family housing development through the use of financing tools such as new TIF Districts or use of excess TIF dollars as identified in the 2016 TIF Management Plan and per the adopted Policy Statement for Available TIF Funds. a. Develop marketing packets illustrating financial tools and available sites. b. Dialogue with multi-family housing developers and inform them of available resources to support MF development. c. Sponsor a multi-family housing developer expo providing site and financial assistance information facilitating relationship building. d. Continue to explore a 30 to 36-unit workforce housing development on EDA owned land along East 4th Street or at other suitable sites in the City. 5. Market industrial development at the Monticello Business Center (Otter Creek Business Park) to a broad variety of prospects. a. Ramp up multi-channel marketing efforts (including a familiarization tour); establish a formal plan and appropriate evaluation metrics. b. As guided by the Comprehensive Plan, target the following prospect areas: i. Businesses which will be a supplier, customer or collaborative partner to existing businesses within the community. ii. Businesses which would benefit from Monticello's utility and communications infrastructure. iii. Work with the CentraCare Health System to ensure the retention of and to promote the expansion of health care services in Monticello. c. Focus on prospects which serve or rely on the St. Cloud and Twin Cities markets. d. Work with the Monticello Times to do a business spotlight or profile article two times per year. e. Actively participate/network with current businesses to help establish external relationships. 6. Market EDA incentive programs in a more proactive manner, both within the community and beyond, beginning with the education on such resources at the EDA level. a. Continue to foster e�ternal networking opportunities. b. Present existing and new incentive programs to smaller community groups, local banks, realtors, and local businesses. c. Develop and communicate a"complete" development package program which provides support and assistance to prospects and developers from inquiry to construction. d. Update multi-format (print, digital) summary resource piece. e. Explore the opportunity to develop an incubator building or pre-designed building (shell plans) with contractors ready for development. 7. Actively (aggressively) market for sale and development the EDA-owned properties at Cedar Street and Outlot A. a. Identify types of businesses sought for specific properties and market to these sectors accordingly. b. Develop marketing materials for the former Fair Garden site along East Broadway. c. Identify commercial properties which should be held for larger redevelopment potential. 8. Encourage more proactive lead development and response in all market segments to support a diversified tax base. a. Develop relationships with local realtors and banks. b. Explore agent/broker relationships; evaluate the opportunity to engage a development facilitator. c. Develop a list of target properties and share with realtors and bankers. d. Research and communicate state and federal incentive programs for bringing businesses into community. 9. Examine housing stock for aging or blighted properties and research development of programs for redevelopment and/or revitalization. a. Understand the state of the current housing stock/inventory and areas of need. b. Identify and prioritize potential programs, such as: i. Program for acquisition for redevelopment ii. Program for revitalization iii. Program to encourage new development in in-fill areas c. Examine use of available housing TIF dollars per the 2016 TIF Management Plan and the adopted Policy Statements for Available TIF Funds d. Establish clear criteria for "blight" and "cluster areas" for focus of programs. e. Identify and communicate state and regional programs which could be leveraged to support identified properties; identify programs applicable to each property. 10. Support the development of an economic development brand and implement in economic development activities. a. Work with Communications Manager to develop coordinated economic development (including amenities such as technology and recreation) marketing message(s) and plan. b. Create and/or enhance economic development materials for the website. c. Build value in development resources reference materials and communications pieces. 11. Support the IEDC in its lead role in Business Retention and Expansion efforts and in workforce engagement and development efforts. a. Continue to engage and support the IEDC as the primary partner and lead in the Business Retention and Expansion Program. b. Continue to support the WCEDP sponsored workforce development efforts. Appendix: Monticello Comprehensive Plan, 2008 — Economic Development CITY ��OF , —� ���. Monticello Monticello Economic Development Authority 2020 Goals & Obj ectives Worksheet To assist in the development of a 2020 EDA Workplan, please provide input on the following areas: 2020 Workplan Please list below any incomplete or in-progress objectives from the 2019 EDA Workplan which should be considered to carry forward. 2020 - New Goals derived,from the Findings-Recommendations of the Downtown Small Area Plan Or Important in Su�port of Downtown Revitalization E orts Please list below any activities related to supporting Downtown Small Area Study Implementation Plan goals and objectives for workplan consideration. Note: The information provided here will also be helpful to frame discussion during the upcoming Downtown Workshop occurring on January 30, 2020 (see attached event flyer). Link to the Downtown Small Area Plan: https://www.ci.monticello.mn.us/vertical/Sites/%7B46185197-6086-4078-ADDG OF3 918715 C4C%7D/uploads/Small_Area_Plan.pdf 1 � C�'��� Comprehensive Plan Transportation, Economic Development, or Parks & Pathways section of the plan. Link to Comprehensive Plan: htt�://www.ci.monticellamn.us/index.as�?SEC=7E69C402- ED23-4BF2-8D63-B77887B3BC71&T�e=B BASIC Research Topics Please list below any economic development related topics for which you would like additional information or other policy development. To ic Feasibilit Stud of Establishin a Second Industrial Park with Services Feasibilit Stud of ex andin Otter Creek Business Park Lod in - Hos italit Needs Stud U date Refined Identification of Redevelo ment Site O ortunities Co-Work/Technolo Center (incubator) in Downtown Area Updated Housing Study w// questions defined and answered re Downtown Housing Needs Fa�ade Grant or Loan Pro am (variation of) Surve of Other (list): Other (list): Other (list): 2 � E���e �'�� �-� � � =� Downtown Snnall Area Stud i �.�,� � Y f-. .`' , } � ;ti- . ;�� �; *�� ,.�N.�,. - _. , ; Ir�plementat�on Workshop .: .� � -..�- �� November 16, 2017 Participants -�-�-�-�-�-�-�-�-�-�-�-�-�-�-�-�-�-�-�- Cit}� �:� ._: `° Brian Stumpf, Bill Fair, Jim Davidson, Charlotte Gabler, Lloyd Hilgart EDA: Tracy Hinz, Steve Johnson, Jon Morphew, Bill Tapper Parks �. t�����������=����n Nancy McCaffrey, Larry Nolan PlanningCommissic$�. Katie Peterson Guests: Clay Sawatzke, Michele Hertwig Staffe Jeff 0'Neill, Angela Schumann, Jim Thares, Jacob Thunander, Tom Pawelk, Rachel Leonard, Jennifer Schreiber Warkshop Purpcase Set a foundation for realizing the downtown plan by encouraging the various commissions to cooperatively review the elements of the plan, prioritize the components, and strategize implementation. Pricarifization Exercise Organized by Highest Ranked Projects: ����:i���el�p����: Pursue signature redevelopment on Block 52 with market rate housing and a destination restaurant that overlooks the park. R�bl�� Re�lr� Irr�pr��������a`��a Redesign riverfront parks to include more active events and programming in West Bridge Park (amphitheater, water feature, concessions) and passive uses in East Bridge Park. Broadway Street Commerciai 1li�� ��'��d��v�� St�'�e� �����'�a�r�e�fi° Develop small pocket parks on vacant properties along Broadway, offering outdoor seating, and pedestrian connections to parking. Curb extensions at Walnut and Broadway to provide space for landscaping, seating, and gathering. 1����t i�> �� P�� ;., Build Downtown's brand and identity by identifying the downtown core as the Broadway Walnut area, and naming it. Pursue marketing initiatives to build the new brand. �. :° � .��� '� ��_ w� Establish fa�ade improvement programs that offer financial support for improving building appearance and district identity. Organized by Survey Category °�p��. ;; Pursue signature redevelopment on Block 52 _ , Redesign riverfront parks... Establish fa�ade improvement programs... , Improve bridge underpass... , Develop small pocket parks... Curb extensions at Walnut & Broadway Redesign riverfront parks... Pursue Signature redevelopment on Block 52 Reconnected Walnut Street to River Street... � ''y7 �e. v ��¢. -+' �j'1 y �'� _ 'j�'c ~ \ il. '�, '�y , '' � �� �i �'9�1. ` ! �. ���,(.�� _� .. �,; . . - .�$�+ ` �' �a il'��.l� �+���.h��.. '-� ��ii � . } / �/i � �� �T�' � �, ,ew�y�J � ��:/ Y x � •+�".� � \�� � i � .� 't�" f� > ;`t J � ��' ..—, '� _� � +� � �� ., � . �–�: � �! �,, r� `- '� ��, � �i ...� . C"��'��� � . ��� i �� �'�1 .�� � Y; E, � � r�� 1( i� �� �� ' ., . ,. N � 4 ,.I +�� �' ���`!� f � '' ` � ��` � \�, ' � .���'EA� = . �,,� . � , �„ r_ "`-'i � �.Y ,�r 7� ' ' fi.�. � �-- " •�-���� � � Y' �- .��j ; . � � ..'. - �- � I � ,� Project Implementation Exercise East & West Bridge Park Improvements r. ... .. Location on the river, high visibility, varied topography, existing assets, capable parks staff, dedi- cated volunteers, popular community events. -�:; Limited automobile & pedestrian access, perception of noise and actual noise, potential river island flooding, limitations of adjacent land uses, ma- ture trees can block views, hard to change what's al- ready popular. .:.� Acquire surrounding land to allow redevelop- ment and growth, connect Walnut Street to River Street, use signage and rebranding to encourage ex- ploring downtown and connecting with the parks, en- hance underutilized assets like the southeast stairs and bridge underpass. Lead�rs�r'�.:�s Parks staff, Park & Recreation Commission, City Council, and EDA with redevelopment. K�y Decisi�r�s_ Park design, connection of Walnut St. to River St, reconstruction of River St, redevelopment of Block 52. s r�:° ��:. ����_; Park design, remove understory plants for visibility to the river, programming & events, connect Walnut St. to River St. Block 52 Redevel�pment r=:`�` ' City owns a portion, another property for aamr_ sale, high visibility, beautiful view, parks complement, EDA is engaged in acquisition. �_��° °;° Cost of acquiring property, getting the right developer, potential contamination, community confu- sion of public purpose, competition with completing Block 34, relocation costs. :; ;: Continue acquiring land and empower eco- nomic development manager to meet with developers. _. EDA for site control and incentives, staff for recruitment and negotiating, additional city staff from planning, public works, Wright County, etc. , s x, �.. ..� Preliminary development agreement, zoning ordinance changes, incentives. '� ��:, �r:.�� Design for Walnut Street connection to River St., redesign West Bridge Park parking, acquire properties, reach out to developers to find the right partner, continue building relationships and communi- cating with property owners. Downtown Housing Development .„. Strong market, regional and local amenities, demographics, walkability, accessibility, site control, lender and council support, developers interested, jobs nearby. ��Qg�� ,,.� �: Relocation development costs, water table, cost of quality construction, noise, trafFic access, size of block divisions, developers have many options, zoning not currently aligned with plan, existing property & business owners. �, ; Gather better information on water table, shared equity solutions, create one TIF district, buying options. ��., �;; EDA to lead land acquisition, TIF program, coordination with lenders & developers. Planning Com- mission to lead zoning review. City Council responsible forfinal approvals. ��� ����s4�a��a Determining one site or many, zoning approved that balances flexibility with predictability. :��`� �°a�: Create package or feasibility for several sites so the city knows its limits and capacity, include aesthetic design expectations, get a more detailed un- derstanding of the downtown market, engage in out- reach to developers with marketing materials. Activating Broadway Street's Commercial Vitality �. �, _ e_ ��� Proximity to parks and river, some business- es already making positive changes, changes will en- courage people to visit, opportunity to build relation- ships, high trafFic area. ��r���: Not all buildings up to code, cost of rehabili- tation, Iack of space for outdoor seating, lack of con- centration, need to agree on fa�ade style, trafFic, busi- ness mix. � �� ���i°�_: Assess the state of properties, survey and encourage stakeholder participation, offer financial in- centives, help 1-2 businesses start to encourage others. Survey property owners to guide the focus. ��§k �'�:.. Existing business group, Chamber, City Council, EDA, and city staff. ��'����, w.,��: Determine ownership of every parcel with contact information, reach out to property and busi- ness owners for their ideas, identify and build alliances, determine design standards. ., ,;;':; Encourage EDAto build relationships. 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'4 �a � ♦♦���'@<� . _ ����� � � ������, . � � �; � I� � � � �'� � � DOWNTOWN �? o o �v Nrl C� CALL 763•295•2711 WITH QUESTIONS ■ ■ on ice o ommuni en er Thursday � January 30, 2020 �:��I�l�uJ Featured Speaker: John Davis Mr. Davs was instrumental in helping build community success stories in New York Mills and Lanesboro, Minnesota Work Session Following Dinner The work session will focus on successess and future opportunities ( CITY OF ,� `� • �� on lce o