About 5 years ago I saw the potential of development
along the Hiawatha light rail line.
  
I drove up and down the potential corridor over a
dozen times seeing what I and a partner might be
able to buy for re-development and discovered that
either the Hennpin County Light Rail Authority
already owned what we wanted, (the parking lot
across the street from the Cardinal Inn, where I
wanted to put in a coffee shop and parking ramp and
the lots behind the station), the land was already
owned by other Governmental units, (The Feds or the
MAC) or it was just too darned in expensive, (in
Bloomington).
  
However, in my discussions with the Hennepin County
Light Rail Authority, they mentioned a lot at the
corner of 38th Street and 36th Avenue, (almost
directly across from Ted Cooks 19th Hole BarBQ).
Well I drove by and saw a really greasy, seedy auto
shop. Unfortunately, I could not see the potential
to the place. Boy, do I kick myself everytime I go
to Ted Cook's now.
  
What is there now? A nice new 3 story building with
a coffee shop on the first floor and apartments or
condos on the upper two floors. I hestiate to think
of the interest rate the Light Rail Authority could
have gotten me to redevelop this property. 
  
Also go one stop north to the Lake Street Station
and then go East 2 or 3 blocks to the corner of
Minnehaha and Lake. Does anybody remember when it
was the old Podany's building? It was terrible.
Filthy, run down and not a place you wanted to go
to. What is there now? A new Embers and very clean
Mexican Restuarant. Similarly, go west a block and
the shopping center the City of Minneapolis wanted
to tear down is getting a real make over.
 
If anyone is interested in making money off
redevelopment, I would advise them to buy anything
on Lake between the Station and Cedar Avenue. It
looks like a pit now, but in 5 to 10 years, you
won't be able to touch it.
  
Just my thoughts.
 
Dann Dobson
Summit Hill - Saint Paul
>  
> 
Ray Marshall <[EMAIL PROTECTED]> wrote:
In browsing (wasting time) exploring the Internet
last night, I came across the www.eastlake.net blog,
that new adventure in volunteer journalism,
complaining and promoting, and up there what did my
wondering eyes perceive but images and 50+ pages of
documents pertaining to the 38th Street Station Area
Master Plan.

I had figured that there would have to be clear
cutting on the east side of Hiawatha and the
construction of a lot of dwellings to pay for our
latest investment.  You'd think with a big election
coming up, they would be trumpeting this plan. Or are
they terrified that the folks who delayed the
construction of Hiawatha for 30 years might rise from
their graves and senior citizens' dwellings and
re-energize themselves for one more campaign. I can't
believe that this will go through without comment from
the public. And what better public than the Mpls
Issues Forum.

I don't closely follow the antics of the planning
department, but when I wasn't watching and since they
figured nobody was interested, somebody has been
burning the midnight oil and got their tree stamps out
and has magically gotten rid of an elevator or two and
drawn up a picture of mucho condos for the well heeled
on that very same east side of Hiawatha.

Check out the links at
http://www.east-lake.net/archive/2005/10/38th_street_sta.php

http://www.ci.minneapolis.mn.us/citywork/light-rail/38th-home.asp

I think it's great, but probably so does my landlord
and I can imagine either the rent will be going up
again, or condo conversion time is now on
the schedule.

"Paper copies of the plan are available for review
at the following locations:
* City Hall, Room 210, 350 South 4th Street
* Roosevelt Library, 4028 28th Avenue South
* Standish Ericsson Neighborhood Association, 4000
   28th Avenue South
* Longfellow Community Council, 2727 26th Ave. South"

Ray Marshall
Hiawatha




                
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