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CITY OF NEW HOPE APRIL 2019 DEVELOPMENT UPDATE NOW MART Description: New 5,060-square foot gas station & 3,780-square foot car wash Location: 7201 Bass Lake Road Valuation: $8.471 million Background: Redevelopment of previously underutilized retail building; car wash utilizes storm- water collection system that will retain all rainwater on-site and re-use for car wash; filtration system will recycle & reuse water used by car wash Status: Gas station open; car wash opening spring 2019 PROPERTY MAINTENANCE REFERENCE GUIDE Description: Document intended to summarize minimum property maintenance standards in “layman’s terms” & encourage maintenance of buildings & homes in an effort to preserve & enhance community value; staff reviewed all areas of City Code related to property maintenance & is processing 19 amendments prior to publication Status: Reference Guide to published in late April 2019 MORE INFORMATION JEFF SARGENT • DIRECTOR OF COMMUNITY DEVELOPMENT PHONE: 763-531-5196 • EMAIL: [email protected]

CITY OF NEW HOPE · used by car wash Status: Gas station open; car wash opening spring 2019 PROPERTY MAINTENANCE REFERENCE GUIDE Description: Document intended to summarize minimum

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Page 1: CITY OF NEW HOPE · used by car wash Status: Gas station open; car wash opening spring 2019 PROPERTY MAINTENANCE REFERENCE GUIDE Description: Document intended to summarize minimum

CITY OF NEW HOPEAPRIL 2019 DEVELOPMENT UPDATE

NOW MART Description: New 5,060-square foot gas station & 3,780-square foot car wash

Location: 7201 Bass Lake Road

Valuation: $8.471 million

Background: Redevelopment of previously underutilized retail building; car wash utilizes storm-water collection system that will retain all rainwater on-site and re-use for car wash; filtration system will recycle & reuse water used by car wash

Status: Gas station open; car wash opening spring 2019

PROPERTY MAINTENANCE REFERENCE GUIDEDescription: Document intended to summarize minimum property maintenance standards in “layman’s terms” & encourage maintenance of buildings & homes in an effort to preserve & enhance community value; staff reviewed all areas of City Code related to property maintenance & is processing 19 amendments prior to publication

Status: Reference Guide to published in late April 2019

MORE INFORMATIONJEFF SARGENT • DIRECTOR OF COMMUNITY DEVELOPMENT PHONE: 763-531-5196 • EMAIL: [email protected]

Page 2: CITY OF NEW HOPE · used by car wash Status: Gas station open; car wash opening spring 2019 PROPERTY MAINTENANCE REFERENCE GUIDE Description: Document intended to summarize minimum

CITY OF NEW HOPEAPRIL 2019 DEVELOPMENT UPDATE

IRONWOOD APARTMENTS Description: Luxury apartments

Location: 8400 Bass Lake Road

Stories/Units: 4/182

Valuation: $43 million

Background: Luxury apartment complex located next to New Hope Golf Course; Variable Refrigerant Flow heating & air conditioning system will enable building to achieve zero carbon footprint, making eligible to become LEED certified

Status: Opened January 2019

WINDSOR RIDGEDescription: Single-family housing subdivision

Location: 8.7-acre undeveloped site north of New Hope Ice Arena

Valuation: $11 million

Background: SVK Development selected as preferred developer for project with 29 single-family units on 65 foot wide lots; estimated sale prices between mid-$300,000’s & low $400,000’s

Status: Anticipated ground-breaking in spring 2019

MORE INFORMATIONJEFF SARGENT • DIRECTOR OF COMMUNITY DEVELOPMENT PHONE: 763-531-5196 • EMAIL: [email protected]