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HomeMy WebLinkAbout10 21 2013 EDA Report 8A 4646 Dakota Street SE Prior Lake, MN 55372 ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT MEETING DATE: OCTOBER 21, 2013 AGENDA #: 8A PREPARED BY: DAN ROGNESS, COMMUNITY & ECONOMIC DEVELOPMENT DIRECTOR AGENDA ITEM: SOUTH DOWNTOWN STUDY OPTIONS – RECOMMENDATION TO THE CITY COUNCIL DISCUSSION: Introduction The purpose of this agenda item is to review the downtown south traffic study and make a recommendation to the city council to support an alignment for south downtown roadways to enhance economic development in the short and long term. History Prior Lake’s 2030 Vision and Strategic Plan prioritizes economic development as one of the City’s most important goals. In fact, in 2012 the City Council made community and economic development one of its top three goals. At the same time the 2030 Vision and Strategic Plan places high priority in developing our downtown. Similarly, the EDA Business Plan identifies goals related to redeveloping key areas in Prior Lake including the downtown, which would include the Digger’s site. The city has already invested millions of dollars into street systems to serve our downtown area including Arcadia and CR 21 and Ridgemont/Th13/Main intersection. Other significant investments include the façade improvement efforts and a street scaping project in the north downtown. We have also invested a considerable amount in consultants to conduct a thorough and public evaluation of thirteen different street alignments. This study has been protracted because it has been public in nature, encouraging the participation of business owners, customers and residents and because numerous alternatives have been analyzed. Adequate transportation access is particularly important in our downtown which is relatively small and is divided by County Highway 21 which will eventually carry 27,000 vehicles per day. This means that traffic must flow smoothly into, through and out of the downtown via north and southbound TH13, east and westbound County Road 21 and local roadways like Arcadia, Franklin Trail, Colorado, Pleasant and Duluth. The city has sought to finalize a downtown transportation plan for eight years now, commencing in 2005, the City and County finalized a 1.5-year study which selected the alignment of County State Aid Highway 21 through Prior Lake from County State Aid Highway 82 to Revere Way. This study identified several improvements necessary to maintain adequate access to the Prior Lake downtown. Based on intersection spacing, downtown access, right-of- way impact, TH 13 / CR 21 operation, and community involvement, a concept was chosen. This option keeps County Road 21 at its current location (rather than completely reroute the roadway) with Main Avenue having right-in/right- out access only so the intersection does not fail as the result of added traffic over time. A full signalized access would be and now has been provided at Arcadia Avenue. Additionally, a ¾ access would be provided at Pleasant Street from TH 13. This configuration, approved by the City Council in 2005, has commonly been called the “Baseline Option.” Since south downtown is guided in the City Comprehensive plan as “Transitional Town Center,” the alignment for County Road 21 contemplated a “developer driven” connection of Duluth to the full access intersection at Arcadia. Since 2005 there have been three complete phases of the study which, as stated above, which evaluated 13 different roadway configurations. For sake of brevity, a summary of those study steps are included as attachment 1 rather than repeating them at length here. For those who would like a more thorough information see www.cityofpriorlake.com, look for News and the subheading South Downtown Informational Meeting. Current Circumstances Three concepts remain under consideration. Option 6, Option 6 modified and Option 9C. Concept 6 keeps the Duluth/TH13 intersection as is, places a new ¾ intersection at Franklin Trail and TH 13 across from the Digger site. A roadway then proceeds through this site for access purposes and northerly through the Gross property meeting Arcadia, the main access to downtown, at Colorado. The Pleasant Avenue access at TH13 remains a right in and right out. Concept 6 modified is identical to six except the Duluth/TH13 intersection becomes ¾ and the new intersection at Franklin and TH13 becomes a full access intersection. Concept 9C utilizes a different approach and is shown on the attached graphic. It is critical that MnDOT and the county support the option chosen. MnDOT and Scott County support all three of the remaining options. MnDOT is suggesting that if concept 6 were considered with a northbound ¾ access at Arcadia, the Pleasant Street northbound ¾ access would not be allowed (but would instead remain right-in/right-out). MnDOT cites access spacing and the lack of space to develop three left turn lanes in close proximity to each other for this tradeoff.The County appears to concur with this position. MnDOT points out that patrons to the south downtown can use a new ¾ or full access intersection at Arcadia to visit south downtown. Since the previously proposed ¾ access at Pleasant would be several hundred feet south of the existing right in/right out, impulse buying will not a factor. MnDOT also points out that since any movement into the south downtown is a destination visit, using Arcadia to access the south downtown should equally serve the function of the ¾ access at Pleasant street. With the eventual closure of Main Avenue at County Road 21, a northbound access from Highway 13 is important to the economy of the south downtown. 2 The northbound access at Arcadia could serve as this south downtown access as well as serve as a supporting roadway for northbound TH 13 to westbound County Road 21. Both design concept 6 and 6 modified result in a right in and right out intersection at Pleasant and TH13. The rationale for this is the fact that the new roadway will provide access to the south downtown area that does not need to be repeated. Conclusion The EDA should determine which of the three concepts promotes economic development of the downtown area in the short and long run and recommend it to the city council. ISSUES: Whether we are aware of it or not, the city has, for some years now made significant investments to develop roadways which support TH 13 and County Road 21. On the south east we have invested in Park Nicollet Drive, Franklin Trail, Duluth and Arcadia Duluth and Main—all of which are constructed and operating. The single remaining support road is Arcadia/ Franklin Trail extended south and east to TH13. This roadway will complete the downtown transportation routes. On a more short term note, The Digger’s site is and has been for sale for some time. TOLD Company and Gonyea Land Development are contemplating the purchase of the property. However, prior to doing so, they need to know the city council’s final position on the new Arcadia/Franklin Trail intersection on TH 13. Without that intersection (either full or ¾), they believe that the property is not developable for the retail project they contemplate on the Digger’s site. TOLD and Gonyea have waited as the downtown study has evolved. Existing downtown south businesses may believe this concept is not in keeping with the 2005 concept which called for a ¾ access at Pleasant. On the other hand, one could argue that the new Arcadia/TH13 intersection serves that purpose and the right-in/right-out further supplements access and egress. th The decision tonight and on the 28 for the city council is which roadway design should be included in the city’s comprehensive plan and capital improvement program. The issue is not who builds/pays for the roadway. The intention would be that a developer will build each segment with the exception of Arcadia from Colorado to Pleasant which may be a city project. If the Told project does proceed, TOLD would build the intersection and road segment through the Digger property as part of their development subject to oversizing. This question has received considerable investigation and discussion over the last eight years. The city has adopted a strategic plan which says we value a robust downtown. Over the years we have invested literally millions to serve our downtown in the long term. We have invested in consultants to facilitate a complete and public evaluation of in excess of 13 design alternatives FINANCIAL Each of the Concept 6 options cost approximately $5.6 million. Concept 9 is IMPACT: approximately $5.9 million. Funding options include: State Aid, street oversize fund, developer contributions, 429 bonding, and tax abatement bonding. 3 ALTERNATIVES: 1. Recommend that the City Council adopt Concept 6 to improve current and future economic development opportunities in Downtown Prior Lake. 2. Recommend that the city council adopt Concept 6 modified. 3. Recommend that to council adopt Concept 9C. RECOMMENDED Alternative #1 MOTION: ATTACHMENTS: 1. Summary of Downtown South report steps. . 2. Public Informational Meeting with Concepts 6, 6 Modified and 9C 3. 2030 Vision and Strategic Plan, pages 4-6. 4. EDA Business Plan, 2012 4