HomeMy WebLinkAbout02-26-19
CITY OF LAKEVILLE
ECONOMIC DEVELOPMENT COMMISSION
MEETING MINUTES
February 26, 2019
1. Chair Scherer called the meeting to order at 4:00 p.m. in the Marion Conference
Room at City Hall.
Members Present: Comms. Collman, Emond, Dautel, Matasosky, Scherer, Seiler,
Vlasak
Ex-officio members: City Administrator Miller, Chamber President Jech
Members Absent: Comm. Gillen, Smith, Starfield
Others Present: David Olson, Community & Economic Development Director; Kati
Bachmayer, Economic Development Specialist; Daryl Morey, Planning Director, Liz
Shannon, Cream of the Cakes owner
2. Approval of January 29, 2019 Meeting Minutes
Comms. Matasosky / Dautel moved to approve the minutes of the January 29
meeting as presented. Motion carried unanimously.
3. Presentation on Open to Business Program
The Open to Business program is a partnership between the Dakota County
Community Development Agency (CDA), cities in Dakota County (including
Lakeville), and the Metropolitan Consortium of Community Developers (MCCD).
Dakota County’s MCCD representative, Laurie Crow, provides confidential business
counseling to current and prospective entrepreneurs on an individual basis. Thanks
to this partnership, Open to Business services are provided at no-cost to
entrepreneurs and small businesses located in Dakota County. MCCD can also
provide small business owners with access to technical assistance and financing
options. In 2018, the Open to Business program helped a total of 120 clients in
Dakota County.
Liz Shannon, Cream of the Cakes owner, spoke to the EDC members about her
experience using the Open to Business program. Ms. Shannon told the group that
Ms. Crow was extremely helpful as she navigated the process of starting her own
business. Cream of the Cakes was able to scale up very quickly after only 9 months
in a brick and mortar location and currently employs eight people (including Ms.
Shannon). Comm. Seiler pointed out that Open to Business can also be helpful to
existing businesses (not just start-up businesses), because Ms. Crow and her team
provide business expertise for any circumstance. The EDC members encouraged
promotion of the program at the individual and City level. It was noted that
Economic Development Commission Minutes February 26, 2019 Page | 2
information about Open to Business is present on the City’s website and is shared
quarterly on social media and newsletter platforms.
4. Discussion of Multi-Family Housing Development Issues
Mr. Olson presented information about multi-family housing development in
Lakeville, as per the EDC’s request from the January meeting. Staff reviewed the
Affordable Housing Update for the City of Lakeville prepared by the Dakota County
CDA in 2014, Comprehensive Housing Needs Assessment for Lakeville prepared by
Maxfield Research, a staff summary of existing Workforce Housing and Senior
Housing Developments in Lakeville, a map with the locations of previous, recent,
and proposed workforce, senior, and market-rate rental housing projects, and U.S.
Census information on Lakeville and other Dakota County cities including
information on population, age, race, housing, family size and income.
Mr. Morey told EDC members that Lakeville has seen more interest in multi-family
development during the last couple of years. The City’s 2040 Comprehensive Plan
includes a new zone for corridor mixed-use (CMU) that will include multi-family uses.
The CMU districts will mainly be located along the Cedar Avenue Bus Rapid Transit
corridor and adjacent to I-35 near the Kenrick Avenue Park & Ride. The multi-family
proposals coming to the City have been mostly for market-rate developments.
Mr. Olson said the new market-rate developments in Lakeville are over 50% leased
after being open less than a year, which can be viewed as evidence that the demand
for this type of housing exists in Lakeville. The City has historically encouraged a
“scattered” approach to multi-family housing, which can be seen when reviewing the
recent housing development map.
When asked if the City of Lakeville has an affordable housing development goal, Mr.
Morey told the group that the Metropolitan Council provides affordable housing goals
recommendations to the City and the City provides the opportunity for multi-family
housing developments through its zoning and land use regulations.
The CDA operates four senior housing locations and five workforce developments in
Lakeville. Demand for these units was so high that the CDA closed had to close its
waiting list from June 2017 through February 2019. The CDA has contracted with
Maxfield Research to prepare a new Comprehensive Housing Needs Assessment
for Dakota County that will forecast housing needs for all cities in Dakota County
through 2040, so those results can be compared to the 2014 report when they
become available.
5. Director’s Report
Mr. Olson informed the EDC members that Schneiderman’s Distribution Center has
been issued a Temporary Certificate of Occupancy in February. HomeGoods,
th
located next to Marshall’s (near Target on 185 Street), should be opening soon.
The QA1 Tax Increment Financing agreement has been approved by the City
Council and the Minnesota Investment Fund loan agreement will be going to the City
Economic Development Commission Minutes February 26, 2019 Page | 3
Council on March 4. The QA1 project is expected to begin construction in May or
June 2019. Tenants have been announced for the Kenrick Liquor Store addition –
Power Plate Meals and Dunkin’ Donuts will be moving into the new commercial
spaces.
The next EDC meeting will be held on March 26.
Adjourn
Meeting adjourned at 5:18 p.m.
Respectively submitted by:
Kati Bachmayer, Economic Development Specialist