Out of curiosity, were their any public subsidies of any kind in the
Bottinou Commons project?

Steve Meldahl
Jordan (work)
----- Original Message -----
From: "Dave Harstad" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Monday, November 11, 2002 11:46 AM
Subject: [Mpls] Cub Food on Central, Sherman responds


> Forwarded on behalf of Allison Brueggemann, Assistant
> Project Manager at Sherman Associates:
>
> Sherman Associates, Inc. would like to reply to the
> e-mail sent out by Bruce Shoemaker of the Holland
> Neighborhood on Thursday, November 7.  We want to
> clarify assumptions made by Mr. Shoemaker in regard to
> our proposed project on Central Avenue.
>
> First of all, and most importantly, Sherman
> Associates, Inc. has no desire to go forth with this
> proposed project without the neighborhoods' support.
> We are an organization that works with neighborhoods
> on a matter of principal and practicality.  We have no
> desire to force unwanted projects on neighborhoods.
> To do so would require us to break one of our
> company's most important goals, which is to revitalize
> the city in ways that are appealing, suiting and
> practical for its citizens. Furthermore, acting
> against the wishes of the neighborhoods would only
> create innumerous difficulties and barriers, which
> would make a project impossible to develop.
>
> Sherman Associates, Inc. has been working with the
> Northeast Community Development Corporation to reach
> out to the neighborhoods and hear their opinions about
> the proposed project because it is our understanding
> that this organization was established to represent
> the many neighborhoods of Northeast Minneapolis and
> its planning goals.  It is our understanding that
> going through the Northeast CDC, who has the
> authorization to put together public forums to discuss
> the proposed project, is the appropriate process.  We
> are trying to work within the framework Northeast has
> set up.  Does it not make sense to use an organization
> that represents all of the neighborhoods and reach as
> many neighbors as possible at once?
>
> This proposed project, whose current design includes a
> Cub Foods store, small commercial retail space, and
> housing units, is in the very beginning stages of the
> planning and development process.  We are trying to
> ascertain whether there is support within the
> neighborhoods for this proposed project as is.  If
> there is not, perhaps the proposed project can be
> altered to suit neighborhood goals better, or the
> proposed project can be dropped completely.  We are
> not at the planning stage right now to provide figures
> for cost.  Nor are we at the stage to have had
> discussions with "relevant city departments" about the
> proposed project.  Once again, we wish to stress that
> this proposed project is in the very early stages of
> planning.  It is only an idea at this stage. If and
> when the neighborhoods decide they would like to
> support the proposed project, financing and other
> issues will be openly addressed.
>
> Lastly, we would like to address the statements
> regarding the affordability of our housing projects.
> (We cannot respond to affordability of the VOA project
> at 19th and Central because we are not the developers
> of this project, but we would like to clarify the
> affordability of the Bottineau Commons Apartments on
> University Avenue.) Out of the 119 apartment units in
> that building, twenty-five of those apartments are
> fixed at rental rates affordable to families earning
> 30% or less of median income.  On the other hand, 25
> of those apartments will be rented at market rate.
> The remaining sixty-nine apartments are fixed at rates
> which are affordable to families earning 60% of median
> income or less.
>
> Sherman Associates creates and develops its housing
> projects with a mixed income model, as exemplified by
> Bottineau Commons, because we find it is the strongest
> and most appropriate social model there is. How
> affordable the thirty-seven housing units of the
> proposed project on Central Avenue has not been
> thoroughly discussed as of yet.  Sherman Associates
> would certainly never replace formal affordable
> housing with market rate housing.  This would, again,
> go against one of our company's most important goals,
> which is to increase the number of quality affordable
> housing units available in the Twin Cities and other
> metro areas.  If we were to go ahead with the proposed
> project, we would endeavor to make these housing units
> as affordable as possible.  And this is where any
> public subsidies would go, to subsidize the cost of
> the housing.  Not to the Cub Foods store. We welcome
> any responses and questions.
>
> Yours truly,
> Alison Brueggemann Assistant Project Manager
> Sherman Associates, Inc.
>
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