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From YouTube: 2-8-21 City Council work session
Description
Des Moines City Council work session at 7:30 a.m. on Monday, February 8, 2021.
View the agenda: https://DSM.city/councilathome
A
A
A
A
A
C
Good
morning,
mayor
potem
and
council
members,
so
this
morning
we
have
two
presentations
with
some
great
projects
that
are
that
are
looking
to
develop
here
in
des
moines,
and
so
we
have
our
economic
development
staff
available
here
to
present
and
the
actual
project
leaders,
I
believe,
are
on
two,
as
I
look
through
the
list
here,
so
I'm
going
to
quickly
hand
it
over
to
aaron
our
development
service,
director
and
naomi
from
our
economic
development.
D
A
D
Can
everybody?
Okay,
okay,
well,
good
morning,
everyone
thanks
for
getting
up
so
early,
especially
after
super
bowl
program.
The
iowa
reinvestment
act
and
two
projects
that
we'll
be
applying
for
the
program:
rural,
hey,
mall
campus
and
the
capital
city
district.
D
We
have
the
development
teams
both
projects
with
us
here
this
morning.
Liz
holland
is
with
a
bell
associates
out
of
chicago.
The
company
is
the
owner
of
merle,
hay,
mall
and
michael
devlin
is,
with
orchard
view,
sports
and
entertainment.
His
company
is
the
owner
of
the
bucks.
Liz
and
michael.
Would
you
like
to
say
hello
to
the
group
good
morning.
D
Also
with
us
is
the
krauts
team.
We
have
danny
higgin
he's
been
the
person
I've
been
dealing
with
the
most
as
well
as
kyle
cross
and
jerry
haberman.
I
know
danny's
here
danny.
You
want
to
make
sure
your
audio
is
working.
D
D
Okay,
we'll
start
with
an
overview
of
the
ira
program.
The
iowa
reinvestment
act
program
then
an
overview
of
the
two
pre-applications
within
des
moines
and
then
finally,
a
discussion
of
the
preliminary
terms
that
will
be
supporting
the
iowa
capital
city
district
reimagining,
a
superfund
site
this
part
quickly.
This
is
a
background
of
the
ira
program.
D
D
D
D
There
is
a
limit
on
the
ir
ira
request
of
35
percent,
so
with
simple
numbers.
If
the
overall
capital
investment
of
all
proposed
projects
were
100
million,
then
the
most
a
community
could
request
through
the
ira
program
would
be
35
million,
and
then
no
gambling
facilities
or
hotels
attached
to
gambling
facilities
are
allowed.
D
Quick
slide
on
the
scoring
ieda
will
be
handling
the
scoring.
You
can
see
here
that
uniqueness
and
economic
impact
are
the
most
important
at
50
points.
They
take
up
half
of
the
points
and
then
there's
project
feasibility,
capital,
investment,
funding,
leverage
and
non-retail
focus
all
at
10
points
each
and
then
additional
factors
is
10
points.
Those
additional
factors
are
readiness
for
development,
geographic
diversity
and
funding
need.
D
D
The
final
application
is
due
within
one
year.
Both
development
teams
have
indicated
that
they
will
submit
the
final
app
much
sooner
than
that.
The
application
may
and
probably
will
change
between
pre-application
and
final
application.
Ieda
may
have
comments
that
need
addressed
more
details
about
projects
may
be
known
as
design
continues,
etc.
So
we
are
at
the
very
beginning,
with
this
pre-application,
we
expect
that
things
will
change
by
the
time
we
get
to
final
application
upon
final
ieda
approval.
D
D
Okay,
a
quick
review
of
the
merle
hay
campus
reinvestment
district.
Before
I
jump
into
this,
I
just
want
to
give
a
really
brief
description
of
the
pre-application
as
part
of
the
consideration
proposed
for
the
council
meeting
tonight.
Each
project
has
prepared
a
draft
pre-application.
D
As
I
said,
a
few
things
will
change,
probably
between
now
and
two
weeks
when
it
will
be
submitted
additional
editing,
a
few
other.
You
know
just
edits
might
happen,
but
the
overall
substantive
material
has
has
been
determined
and
then,
of
course,
things
will
change
between
pre-application
and
final
application.
D
The
pre-application
is
divided
into
five
sections:
a
through
e
a
talks
about
the
project
eligibility,
those
things
from
the
qualification
slide
b,
talks
about
the
district
plan,
the
actual
projects
that
are
proposed,
so
this
will
be
the
focus
of
the
rest
of
the
presentation.
C
is
economic
impact.
Both
projects
are
working
on
a
third
party,
economic
and
feasibility
study.
This
isn't
required
at
the
pre-app
step.
However,
it
is
required
at
the
final
application.
D
Both
teams
decided
to
go
forward
with
the
economic
impact
study,
though
at
this
point
each
of
the
pre-apps
have
a
summary
of
that
study,
but
we
will
have
the
entire
study
completed
by
time
of
application
d.
Is
the
unique
in
nature
section
additional
narrative?
Is
it's
in
support
of
the
projects
listed
in
section
p
and
b
like?
How
is
this
plan
different?
How
will
it
contribute
to
making
ios
special
is
the
focus
and
then
e
is
their
certification
and
release
of
info?
D
That's
where
the
council's
potential
action
tonight
would
be
reflected
in
the
application
so
on
tomorrow,
hey
the
blue
line
is
showing
the
boundary
of
the
proposed
ira
district,
and
this
line
here
is
the
jurisdiction
line
between
des
moines
and
urbandale.
As
we
know,
the
mall
is
located
in
two
cities.
Size
of
the
district
is
74.6
acres,
so,
under
that
75
the
goal
of
the
district
is
to
reinvent
and
re,
invigorate
them
all
after
two
anchors.
D
That
would
be
yonkers
and
sears
closed
in
2018
and
to
provide
a
new
home
for
the
des
moines
buccaneers,
polk
county
loaned
money
to
the
mall
ownership
for
the
acquisition
of
the
two
parcels
to
make
sure
the
property
stayed
in
friendly
hands.
So
we
do
have
cooperation
from
polk.
County
sears
was
just
recently
purchased
in
november,
which
has
made
a
lot
of
this
a
little
easier
to
go
forward
with
now
that
we
know
that
both
project
or
both
properties
are
owned
by
a
bell.
D
D
Merle
hay
mall
master
plan.
The
most
recent
development
agreement
was
approved
in
march
of
2019.
At
that
time
we
didn't
know
if
or
when
sears
would
be
acquired
and
how
the
site
might
be
developed
should
the
sears
property
be
acquired,
and
so
we
required
that
a
master
plan
be
created
once
serious
was
required.
So,
as
I
mentioned,
it
was
recently
required
to
have
this
master.
D
Team
in
the
urban
design
review
board,
as
well
as
the
city
of
urbandale,
but
here
is
a
depiction
of
uses.
You
can
see
here.
The
des
moines,
buccaneer,
ice
arena
and
training
center
is
shown
here.
The
yonkers
building,
which
is
here,
will
have
a
the
roof
raised
and
that
building
will
be
reused
and
two
ice
arenas
will
go
here.
D
You'll
see
over
here,
an
anchor
tenant
kohl's
is
proposed
to
come
over
here
at
55
000
square
feet.
The
development
agreement
does
require
five
thousand
square
feet
on
this
sears
site,
so
the
mall
ownership
are
proposing
an
additional
eighty
thousand
square
feet.
So
this
is
the
the
big
change
that
we
will
see
on
the
des
moines
side.
D
Here
is
the
projects
map,
as
I
mentioned
section
b,
is
the
meat
of
the
pre-application
with
the
depiction
of
the
district
plan
and
the
various
proposed
projects.
So
hence
the
naming
convention
you
see
here
with
b1
b2,
that's
just
part
of
that
section
b.
So
I'll
go
through
these
relatively
quickly.
If
you
have
questions
we
can
handle
those
in
the
questionnaire
section.
So
b1
is
the
arena
and
training
center.
The
red
piece
right
here.
D
D
The
idea
is
a
little
pre
and
post
gathering
space
as
a
new
potential
bus.
Stop
on
the
joint
side.
We
have
the
kohl's
under
review
right
now.
B5
is
that
new
business
area
we
are
requiring
twenty
thousand
the
mall
ownership
wants
to
do
about.
Eighty
thousand
b7
is
the
outdoor
area.
D
D
B8
is
this
purple
piece
right
here:
there
is
a
existing
office
tower
there.
The
idea
is
that
it
will
be
converted
to
senior
residential
uses
which
is
kind
of
a
nice
idea.
As
seniors
you
know,
during
inclement
weather
or
at
any
time
can
walk
to
target
for
grocery
shopping.
You
know
pharmacy
needs,
go
to
the
movies,
etc.
So
it's
it's
a
it's
a
nice
idea.
B11
is
new
mall
retail
development.
You
can
see
all
of
the
the
blue.
D
The
expectation
is
that
once
the
buccaneers
arena
is
built
and
many
of
the
tournaments
that
are
planned
come
that
there
will
be
very
much
additional
traffic,
so
we're
expecting
that
the
existing
businesses
will
be
retained
and
more
businesses
will
be
attracted
b12.
You
can
kind
of
see
on
the
aerial
here.
This
is
the
existing
and
trends
into
the
mall
area,
oops,
which
is
a
curved
piece
which
is
curved.
The
proposed
ring
road
will
be
straight
and
allow
some
room
for
an
additional
out
parcel
that
can
be
developed
and
then
sitewide
projects.
D
B3
is
campus
site-wide
improvements,
so
I
mentioned
the
ring
road
is
going
to
be
changed.
That's
one
piece
of
that
additional
landscaping,
improvements,
signage,
there's
a
buffer
wall
over
here
on
the
west,
that's
going
to
be
looked
at
and
potentially
improved,
and
then
b6
small
corridor
improvements.
That's
the
green
area
through
here
proposed
improvements
to
the
interior
would
include
additional
seating
areas,
new
flooring,
directory
signage,
etc.
D
And
here's
the
project
slides
we've
got
detail
on
some
of
these
projects
that
I'll
go
through
3,
500
seat,
multi-use,
arena
with
three
additional
sheets
of
ice
for
competition,
training
and
recreation.
As
I
said,
the
buccaneer
ownership
does
expect
to
have
lots
of
tournaments
through
here,
yonkers
roof
will
be
raised
and
the
building
reused.
D
I
have
three
locker
rooms
listed
here.
There's
actually
going
to
be
eight
michael
devlin
tells
me
there'll,
be
two
prominent
locker
rooms,
one
for
the
buccaneers
and
then
a
second
for
another
potential,
main
tenant,
two
large
home
team,
locker
rooms,
three
visitor
locker
rooms
and
then
one
locker
room
for
game
officials.
D
D
Kohl's,
this
is
on
the
des
moines
side.
This
is
the
the
biggest
change
that
we're
going
to
see
on
our
side.
Is
the
the
sears
redevelopment
55
000
square
feet,
hoping
to
open
spring
of
22
at
10.3
million
dollars,
senior
housing
conversion?
I
think
a
lot
of
people
forget
that
this
tower
is
is
here,
so
I
added
a
couple
pictures.
You
can
definitely
see
it
from
higher
up
and
then
this
yellow
piece
over
here
and
then
the
external
shot.
D
It
is
forty
six
thousand
square
feet
six
stories.
The
idea
is,
it
could
be
open
by
winter
of
2024
at
a
cost
of
12
million
dollars
in
a
quick
financial
slide
sources
and
uses
for
the
main
project,
the
arena
and
training
center
equal
47.4
million
dollars.
I've
split
out
the
hard
costs
and
soft
costs,
and
regarding
the
sources
we've
got.
Debt
and
equity
from
orchard
view,
city
of
urbandale
tiff
and
then
the
ira
bridge
loan
you'll
see.
I
have
an
asterisk
here
as
well.
Right
now,
we've
listed
this
as
23.8
million.
D
D
G
Bill,
thank
you,
mayor
yeah.
I
I've
been
involved
with
this
for
seems
like
three
to
four
years,
but
this
has
generated
a
lot
of
excitement
in
the
northwest
side
of
the
city.
G
In
fact,
I
drove
past
last
night
and
I
saw
the
fencing
was
up
and
the
corel
demolition
sign
is
already
up,
so
we're
looking
to
see
sears
coming
down
in
a
short
amount
of
time,
but
this
is
really
going
to
invigorate
that
entire
district
and
glad
to
be
a
part
of
it.
I
D
Here's
the
map
of
the
ira
district
map
just
wanted
to
touch
on
a
few
things
about
the
location,
including
the
western
gateway.
We
have
the
crescent
chevrolet
and
the
butler
building
as
adaptive
reuse
projects
up
here
and
as
well
as
new
construction
superfund
site.
D
We
have
the
daiko
site
here,
which
is
is
good
to
see
that
being
able
to
be
redeveloped,
tuttle
street
redevelopment
along
here,
and
then
there
are
two
projects
within
gray's
landing
that
are
included
in
this
ira
district
as
far
as
goals,
redeveloping
super
fun
site,
again,
we're
just
thrilled
that
we
have
a
partner
to
to
clear
this
up,
reinventing
a
major
gateway
of
the
city
and
master
planning.
This
area,
south
of
mlk
we've
had
two
holdouts.
These
two
properties
right
here.
D
The
two
developers
that
are
active
in
this
area
have
both
tried
to
buy
this
and
have
not
been
able
to
do
that.
But
krause
has
recently
purchased
both
of
these.
So
with
that,
we've
got
three
developers
south
of
mlk,
that
own
the
property
and
they're
all
working
on
on
master
planning
efforts,
which
is
something
the
city
has
been
wanting
to
see.
D
Just
go
through
these
district
projects
really
quickly
here:
nine
main
projects
in
this
area-
the
stadium
at
75
million
global,
plaza,
8.7,
the
stadium
hotel
to
the
south.
Here
at
32
million,
a
common
go,
a
convenience
store
at
7.5
million,
an
entertainment
venue
here
along
tuttle
street
for
23
million
western
gateway
brewery
up
here
at
12.2
million.
This
is
in
that
crescent
chevrolet
building
western
gateway
hotel,
27.5
million.
This
would
be
a
new
build
grace
landing
grocery
here.
D
D
So
those
nine
projects
are
very
well
defined.
Tenants
have
been
identified.
There
are
many
other
projects
as
well
we're
calling
these
the
tier
two
projects.
Fourteen
of
these
projects,
the
idea
is
that
they
will
be
able
to
benefit
from
the
development
that
had
occurred
before
them,
but
tenants
aren't
necessarily
defined
yet
so
you
can
see,
we've
got
a
series
of
mixed-use
retail
buildings,
as
well
as
some
plain
retail
buildings
and
then
a
mixture
of
office
and
retail
as
well.
D
So
all
of
these
projects-
equal
67.6
million
dollars,
when
you
add
that,
with
the
previous
nine
projects
that
equals
276.7
million
dollars,
you'll
notice,
I
have
an
asterisk.
This
total
does
not
include
residential
and
office
projects
since
office
and
residential,
don't
produce
that
hotel
motel
tax
or
that
sales
tax
cross
decided
not
to
include
that
in
their
numbers.
If
those
were
included,
the
investment
would
be
about
540
million
dollars.
D
Quick
master
plan-
I
always
like
these
with
all
the
color
on
them
just
want
to
go
through
a
couple
things
here.
The
projects
that
we're
talking
about
the
nine
projects
are
a
b
c
f:
the
hotel
j,
this
entertainment
center.
I
also
wanted
to
show
o
and
p
you
see.
I've
got
these
highlighted.
Those
are
located
right
here,
not
part
of
the
ira
district,
but
they
are
part
of
the
development
agreement
map,
but
just
wanted
to
have
you
see
how
these
flow
in
with
the
the
larger
master
plan?
D
D
D
It
will
be
home
to
a
soccer
team
as
well
as
many
other
community
events.
Construction
is
expected
in
spring
of
24..
You
may
recall
march
of
23
had
been
the
goal.
That's
been
pushed
back
to
march
of
24
and
a
cost
of
about
75
million,
the
global
plaza
again
we're
on
the
former
dyco
site,
pre
and
post
gathering
space.
So
this
is
all
around
the
stadium.
This
side
here
along
southwest
16th
street,
is
the
most
activated
and
then
here's
kind
of
another
look
at
that
how
the
space
will
be
used.
D
Restaurants
and
retail
will
be
included
here
that
you
that
can
be
used
every
day,
not
just
on
special
event
days
again
spring
24
is
that
expected
date
cost
of
8.75
million
hotel.
This
is
again
on
the
former
dico
site.
You
can
see
the
location
here,
just
south
of
the
stadium
expected
completion
date
of
december
of
23.
So
before
the
stadium
and
then
32
million
dollars
is
the
expected.
Investment
convenience
store,
come
and
go.
This
is
mlk
right
here
and
southwest
16th
street
5600
square
feet.
D
D
Entertainment
venue-
this
is
along
tuttle
street.
Here's
tuttle
this
used
to
be
owned
by
sherman
property
or
sherman,
and
associates
sherman
sold
this
property
to
kraus
last
year.
The
year
before,
for
this
area,
oh-
and
you
can
see
here-
it's
right
here
too-
on
this
map-
2000
seat,
all-purpose
indoor,
outdoor
music
and
event
venue,
as
well
as
outdoor
space,
56,
000
square
foot,
amphitheater
construction
expected
to
be
completed
january,
23,
23
million
dollars
here-
is
the
master
plan
for
the
western
gateway.
You
kind
of
see
how
all
of
this
fits
together.
D
D
Two
main
projects
here,
the
western
gateway
hotel,
is
shown
as
a
right
here.
This
will
be
a
new
build
27.6
million
and
then
the
western
gateway
brewery.
This
is
the
crescent
chevrolet
building,
12.2
million
dollar
investment.
Looked
at
this
one
here
is
a
quick
picture
of
the
western
gateway
brewery,
the
existing
building
and
the
proposed
rendering
here
adaptive
reuse.
There
will
be
9
000
square
feet
of
office
space
within
the
building,
but
the
rest
of
it
will
be
this
large-scale
destination:
brewery,
beer
hall,
kitchen,
beer
garden,
patio,
etc.
D
This
is
expected
to
be
completed
in
march
of
22..
It
is
an
existing
building,
so
this
one
can
go
a
little
faster
at
an
investment
of
12.2
million
dollars
the
hotel.
This
is
the
current
building
on
site
right
now,
and
this
is
the
proposed
rendering
125
room
hotel,
there's
no
hotel
right
in
this
spot.
It's
going
to
be
the
closest
hotel
to
unity.
Point
wellmark,
meredith
and
kraus
group
construction
expected
to
be
complete
by
january
of
2026..
D
Coven
19
is
going
to
have
a
lot
to
do
with
the
hotel
and
how
fast
that
jumps
back
an
investment
of
27.6
million
and
the
gray's
landing
master
plan.
Just
a
real
quick
look
at
this
and
see
how
this
fits
in
the
gray's
landing
grocery
will
be
in
this
mixed-use
building
here
and
the
hotel
is
here.
I
want
to
point
out
that
holiday
inn
express
is
located
here
also
owned
by
sherman
and
associates.
So
the
idea
is
that
there
can
be
some
synergies
here.
D
The
grocery
store
twenty
six
thousand
three
hundred
square
feet
within
a
mixed
use.
Building,
as
I
mentioned,
there's
three
thousand
residential
units
to
the
south
construct
ins,
construction
expected
to
be
complete
in
23
and
at
a
cost
of
seven
million
dollars
and
the
sherman
hotel.
Again,
I
think
covet
will
have
some
bearing
on
when
this
opens.
The
idea
is
2026
98
rooms
and
an
investment
of
16.2
million
dollars
in
those
tier
2
projects
that
I
mentioned
before.
D
We've
got
14
mixed-use
projects
throughout
as
far
as
total
numbers,
263
000
square
feet
of
retail,
residential
and
office.
As
I
said,
these
will
capitalize
on
the
development
that
came
before
it.
2036
is
the
expected
timeline
for
these
to
be
constructed
at
a
67.6
million
dollars
in
tax
generating
projects,
and
then
240
million
dollars
total
and
here's
that
financial
slide
sources
and
uses
for
the
potentially
funded
ira
project.
The
hard
costs
are
listed
here
at
60
million
soft
costs
at
about
15
for
a
total
cost
of
75
million.
D
On
the
other
side,
we've
got
giving
either
philanthropic
philanthropic
or
corporate
and
private,
give
giving
at
about
20
million
construction
loan
at
22
a
tif
bridge
loan
at
9
million,
which
I'll
talk
about
in
a
future
slide.
The
ira
bridge
loan
of
18.75,
and
you
can
see
I've
got
the
asterisk
again.
The
ask
will
actually
be
27.1
million,
which
is
10
of
total
project
costs
under
that
required
35
and
then
an
expectation
of
5
million
in
federal
grants
to
equal
that
75
million.
D
H
Anybody
carl.
J
Yes,
thank
you
that
so
in
this
area-
and
this
slide
right
here-
is
this:
what
you're,
envisioning
as
area
for
other
festival
space
or
something
along
that
line
for
some
of
our
ethnic
heritage
weekend
events
is
it?
Is
that
how
you
envision
this.
F
This
is
his
death.
Yep
go
kyle
danny
go
ahead.
Yes,
we
got
you
you
get
here.
Yep,
we
got
you
kyle,
fantastic,
hey
carl,
great
question,
danny's
smarter
than
me,
but
I'll
talk
anyway.
Yes,
this
is
the
idea
that
we
would
have
other
ethnic
downtown
events
that
maybe
on
the
streets
of
downtown
today
have
an
opportunity
to
be
in
this
location.
So
we're
excited
about
that.
I
know
some
of
the
other
businesses
downtown
are
excited,
but
yeah
we
don't.
We
want
to
activate
this
as
much
as
we
can.
J
So
so
this
would
be
set
up
so
that
some
of
the
the
tents
that
that
are
on
the
street
would
be
in
this
area
and
electrical
hookups
for
for
food
vendors
that
need
power
for
their
venues
would
be
part
of
this
too.
F
Exactly
carl,
we
would
develop
it
that
it
would
have
an
opportunity
to
be
easily
used
for
that
for
our
other
type
of
outdoor
events.
Ethnic
festivals,
like
you
mentioned.
J
And
kyle
related
to
this,
could
you
share
again
for
all
the
level
of
of
soccer
play
that
would
be
part
of
this
pro
iowa
franchise.
F
Carl,
my
pleasure.
Yes,
you
know
presently
you
know
we
have
the
des
moines
menace,
which
is
a
fourth
division,
if
you
think
of
it.
In
that
simple
sense,
as
we
move
into
the
stadium,
we
would
end
up,
we
would
purchase
a
what's
called
a
usl
championship
franchise,
which
is
second
division,
which
would
be
the
level
below
the
major
league
soccer,
the
top
division
in
america.
F
F
We
will
own
out
all
of
our
players.
We
have
an
opportunity
to
compete,
including
with
the
mls
for
players,
so
it's
kind
of
a
unique
opportunity
from
that
standpoint,
but
yes,
high-level
soccer
and
a
opportunity
to
be
on
the
espn
platform
for
all
games.
H
All
right
anybody,
connie.
I
I
know
I
asked
the
question
before
about.
I
know:
there's
three
extra
soccer
fields.
What
opportunity
would
other
groups
be
able
to
use
those
if
you're
not
using
them.
F
Great
question
connie:
I
think,
as
we
as
we
work
with
the
city
on
the
site
plan
here,
take
it
from
master
to
utilization.
Those
opportunities
certainly
will
exist.
I
mean
there's
going
to
be,
to
be
frank
at
least
one
of
the
fields
is
probably
completely
dedicated.
What
you'd
call
the
first
team?
That
is,
the
primary
place
to
train,
because
you're
not
going
to
train
inside
the
stadium,
the
other
ones.
F
To
be
frank,
we'd
like
to
be
used
as
often
as
possible,
so
that's
still
to
be
determined,
but
we
want
the
site
activated
as
many
ways
as
we
can
similar
to
carl's
question.
But
there's
not
a
specific
plan
on
how
those
get
used
and
again
working
with
the
city
of
a
master
site
plan
to
actual
realization.
H
All
right,
naomi!
Turning
back
to
you,
kyle,
thanks
for
jumping
in
to
help
answer
those
questions.
F
My
pleasure
now
the
city's
been
fantastic
to
work
with.
So
thank
you
thanks
to
everybody
at
the
city
to
help
us.
D
All
right,
I
think
I
have
three
slides
left-
wanted
to
talk
a
little
bit
about
preliminary
terms,
how
the
development
agreement
proposal
on
tonight's
council
agenda
helps
to
support
that
ira
pre-application.
D
E
D
The
piece
on
your
site
is
included,
so
it's
66
acres,
total
60
acres
down
here,
as
well
as
six
acres
up
here
on
the
western
gateway.
It
includes
those
two
property
holdouts
that
I
mentioned
right
here:
2.1
million
square
feet
of
new
or
renovated
development,
550
million
dollar
investment
of
this
area
here
which
we
expect
to
equal
about
330
million
dollars
in
assessed
valuation
about
a
12
to
15
year
build
out,
and
the
proposal
on
tonight's
agenda
is
that
90
of
the
project-generated
tip
for
20
years
would
go
to
kraus
as
a
master
developer.
D
D
However,
kraus,
as
the
master
developer
developer
will
be
able
to
decide
how
to
spend
the
tip
it
receives,
and
in
that
previous
slide
you
saw
that
they've
determined
that
nine
million
dollars
will
go
to
the
stadium,
but
the
city
isn't
necessarily
deciding
at
all.
How
much
will
go
to
the
stadium?
It
is
part
of
how
they
want
to
choose
to
use
that
tip.
D
We
will
be
placing
a
cap
on
that
tiff
it.
We
need
to
understand
a
little
more
about
the
costs
of
the
site.
The
daiko
site
is
going
to
be
very
expensive.
We
want
to
make
sure
that
the
extraordinary
development
costs
are
well
understood,
but
we
will
be
including
a
cap
on
that.
D
D
However,
we
did
made
progress
last
week
with
the
signing
of
the
consent
decree,
so
38
acres
there,
just
north
of
the
daiko
site
up
here.
Where
c
is
there?
D
Is
property
owned
right,
north
of
wabash
street
and
then
there's
right
of
way
around
that
that's
about
2.27
acres,
there's
right-of-way
along
mlk
in
here
it's
excess
right-of-way,
makes
sense
for
that
right-of-way
to
be
combined
with
adjacent
development
site,
and
then
linden
street
up
in
here
on
the
western
gateway
area,
isn't
necessarily
needed
and
there's
right
of
way
around
that
and
that
can
also
be
enveloped
into
an
existing
development.
D
So
about
48
acres
for
the
for
city
on
property
that
will
will
be
either
leased
or
purchased.
No
tax
abatement
will
be
used
on
the
project.
It'll
be
tiff
only
public
access
to
the
parking
ramp
in
the
stadium
area.
This
is
I
right
here
will
be
allowed
during
nights
and
weekends.
D
The
developer
will
be
using
mid-american
commercial
new
construction
program
and
they
are
looking
at
all
kinds
of
other
energy
efficiency
types
of
ideas.
We
won't
know
necessarily
for
preliminary
terms
tonight,
but
by
final
terms,
we
will
know
what
those
are
affordable.
Housing
will
be
required
right
now.
We've
talked
about
ten
percent
of
units
at
eighty
percent
ami
and
then
five
percent
at
sixty
percent
am
I,
but
we
are
still
discussing.
D
D
So
in
conclusion,
we've
got
two
projects
very
worthy
of
the
ira
consideration.
Rural
campus
would
provide
a
catalyst
for
continued
redevelopment
of
the
mall
as
a
regional
center,
as
well
as
an
anchor
to
the
adjacent
residential
neighborhoods
on
both
the
des
moines
side
and
the
urbandale
side
and
the
capital
city.
Reinvestment
district
would
provide
a
new
regional
destination
to
a
site
that
used
to
be
a
superfund
site.
So
it
is
quite
the
reimagining
of
a
superfund
site.
K
Joe
thanks
mayor
naomi
great
presentation:
can
you
tell
us
how
many
projects
are
going
to
apply
at
the
state
level
for
this.
D
We
don't
know
yet:
we've
heard
you
know
here
and
there
a
few
things
johnston
might
we've
been
mostly
concerned
about
the
the
central
iowa
ones,
just
from
a
geographic
diversity.
Standpoint
yeah.
We
heard
that
johnston
may
that
west
des
moines
may
also
fort
dodge.
D
There
was
ames,
potentially
davenport
they're,
doing
some
sort
of
downtown
project
newton
they're,
doing
something
with
the
dmacc
and
maytag
piece
there
dyersville
the
whole
field
of
dreams
idea,
maybe
is
coming
in
fort
dodge
they're
doing
something
with
a
downtown
mall,
similar
to
what
mason
city
did
back
in
2015
and
then
potentially
cedar
rapids.
But
I
don't
know
what
the
project
is.
D
So
we
have
heard
from
ieda,
oh
and
then
sioux
city
is
one
as
well
ones
that
they've
had
questions
from
people,
so
they
don't
know
if
it
will
actually
evolve
into
an
application,
and
I
know
liz.
Maybe
you
have
a
little
more
information,
because
I
know
you
were
looking
into
that
too.
D
D
You
know
how
how
they
fund
those,
if,
if
they
really
do
give
those
projects
all
of
what
they've
asked
for
or
if
they
try
to
award
more
projects
but
at
less
dollars.
I
think
that's
where
it
becomes
kind
of
difficult
for
them
to
weigh
all
those
options
but
yeah
we
don't
know
how
many
they
might
approve.
D
D
K
D
Yeah,
that's
the
the
big
question
we
have
been
talking
about
that
internally
for
quite
a
while
trying
to
figure
out
what
the
best
strategy
is
and
it
it's
just
trying
to
predict
what
eda
is
going
to
do,
which
is
virtually
impossible.
If
you
have
a
good
idea,
joe
we'd
love
to
hear
it.
K
D
K
Just
you
know,
I'm
concerned,
you
know,
I'd
love
both
projects
and
but
we
have
an
inves.
You
know
existing
infrastructure
at
merle
hay
that
I
think
we
should.
You
know
we
should
make
sure
it
doesn't
go
down
by
the
wayside,
and
if
this
is
going
to
help
improve
it,
you
know
I
I
just
wonder
you
know:
are
we
hurting
our
hurting
our
odds
of
getting
something
at
either
one
of
these
locations?
K
C
Joe,
this
is
scott.
I
I
would
just
add
that
both
of
these
projects
are
going
to
be
incredibly
competitive
against
any
other
project
in
the
state,
and
so
it's
hard.
It
actually
was
fairly
simple
to
allow
both
to
move
forward
in
the
application
process,
knowing
that
they
would
be
competitive
with
any
other
project,
and
then
it's
left
up
to
ied
as
far
as
the
geographic
fairness,
if
you
will
that
they,
they
may
judge
them
on.
K
Do
you
think
they
score
pretty
equally
scott
compared
to
each
other.
C
No
not
to
each
other
they're,
very
different
projects
right,
however,
they're
both
incredibly
they're,
hitting
the
mark
for
what
the
program
was
developed
for
at
the
state,
and
so
we
feel
very
confident
that
both
of
the
applications
should
score
well
with
ied.
K
D
Other
thing,
oh,
I
just
did
one
one
quick
comment.
One
thing
that
is
a
little
heartening,
at
least,
is
that
scoring
criteria,
geographic
diversity
used
to
be
its
own
category,
and
now
it
has
been
included
in
additional
factors.
D
You
know
for
10
points
amongst
other
two
things,
so
maybe
the
geographic
diversity
isn't
as
important,
and
when
we
had
a
conversation
with
an
ieda
staffer,
they
were
saying
that
this
isn't
a
rural
program.
You
know
it's
it's
a
city
program,
so
we're
hoping
that
I
mean,
of
course,
ieda
is
going
to
want
to
see
things
spread
out
across
the
state,
but
we're
hoping
that
the
fact
that
city
of
des
moines
is
the
largest
urban
area
and
that
these
are
very
good
projects
and
geographic
diversity
isn't,
as
large
of
a
percentage
of
that
scoring.
H
L
Yeah,
thank
you
mayor.
I
I
just
wanted
to
to
make
a
couple
comments.
One
naomi
thanks.
Thanks
for
all
your
work
on
on
these
two
projects,
one
of
the
things
that
that
I
don't-
I
don't
think
was
talked
about
much
here,
because
it's
kind
of
taken
for
granted,
but
it
was
a
ton
of
work
to
get
to
this
point
was
everything
that's
gone
on
with
the
daiko
site
it
and
a
lot
of
that
predates
even
my
time
on
the
council,
I
mean
it's
been
an
underutilized
hazardous
site
for
decades.
L
Just
the
first
step
is
to
get
it
cleaned
up
and
and
get
the
the
blight
and
the
eyesore
removed,
and
there
have
been
a
ton
of
barriers
to
accomplishing
that
we've.
Finally,
gotten
to
the
point
where
we're
getting
that
done,
and
not
only
do
we
just
get
to
remove
the
eyesore,
but
we
actually
have
a
really
dynamic
development
ready
to
go
immediately
as
we
get
this
cleaned
up
and
and
that
that
in
and
of
itself
is
is
pretty
phenomenal.
L
But
then,
when
you
look
at
what
what
that
project
is
the
opportunity
to
bring
professional
soccer
at
at
the
level
that
we
are
bringing
it
to
the
des
moines
metro
into
the
state?
You
know
soccer
is
a
universal
sport
and
I
it's
something
that
all
members
of
our
community
are
are
engaged
in
and
will
enjoy.
So
we've
got
a
tremendous
fan
base
built
in
it's
something
that
I
think
will
draw
folks
from
across
the
state
because
of
the
level
of
of
the
sport
that
we're
bringing
to
central
iowa.
L
So
you
take
the
first
part
of
this
project
which
we're
transforming
a
superfund
site,
which
has
been
a
long
time
coming
and
incredibly
hard
to
get
done.
You
add
the
the
professional
soccer
and
then
you
add
a
third
third
element.
You
know
the
hope
for
something
like
that
is
you
could
develop
a
district
and
transform
an
area,
and
that's
part
of
this
project
too,
so
we're
we're
going
to
see
this
area
transform
and
really
serve
as
a
bridge
between
amenities
that
we
have
already
developed
in
our
community.
I
mean
this.
L
This
district
is
essentially
going
to
fill
in
and
connect
between
the
western
gateway,
the
sculpture
park
and
gray's
lake,
and
it's
going
to
create
this
dynamic
and
transformative
area.
So
this
project
is
incredible
to
me
that
everything
is
managed
to
come
together
and
that
we're
going
to
see
such
drastic
transformation
from
these
investments
in
what
is
a
relatively
short
time
period
for
for
doing
this
type
of
work
as
a
city,
I'm
incredibly
excited
about
it.
L
It's
a
testament
to
the
vision
of
the
the
kraus
group,
not
just
from
the
soccer
side,
but
the
district
and
it's
a
tremendous
opportunity
for
our
community,
and
I
I'm
really
impressed
with
the
work
that
I've
seen
the
vision
and
the
cohesiveness
of
this,
and
I
think
it's
going
to
be
great
for
des
moines
and
the
state
for
the
long
term.
L
So,
thanks
to
everyone
who
put
so
much
work
into
this
to
get
us
to
this
point,
it's
gonna
be
great
to
to
get
us
to
the
next
point
and
start
seeing
dirt
being
moved
and
projects
going
into
the
ground.
H
Thanks
josh
connie,
I
see
your
hand
up.
I
Yeah,
I
actually
scott
kind
of
talked
about
what
I
was.
I
think
both
of
these
projects
to
me.
I
I
think
they
are
almost
statewide
projects
for
what
they're
going
to
bring
and
they're
truly
exciting
new
developments
for
the
metro
area,
liz
holland,
her
team
for
re-envisioning
them
all
and
keeping
a
retail
center
viable
under
the
conditions
of
what
we
have
and
making
it
what
it
could
be,
and
also
to
kyle
krause
and
his
team
for
what
taking
the
site
as
josh
said
and
re-envisioning,
and
making
it
viable
and
really
connecting
all
of
the
western
part
of
downtown
des
moines.
I
So
I
think
they
stand
on
their
own.
I
think
they're
both
strong
projects,
and
I
would
hope
that
when
they
do
the
scoring,
they
will
see
that
they're,
not
just
just
not
just
a
metro,
not
central
iowa.
It's
all
of
iowa
they'll
be
able
to
participate
in
both
of
these
venues
so
again,
naomi.
Thank
you.
It
had
to
be
a
lot
of
work,
but
it
had
to
be
exciting
work
to
see
what
has
come
forward
and
the
possibilities.
So
again,
thanks.
H
I
I
might
make
one
a
quick
comment
before
we
move
on
the.
I
agree
with
what
everybody
has
said.
Both
of
these
projects
are
really
transformative.
I
I
look
at
up
at
the
northwest
side
of
town.
This
is
a
great
project.
H
To
to
revitalize
a
center,
that
was
a
focal
point
that
actually
was
the
kicking
off
for
everything
that
happened
in
that
side
of
town
that
was
sort
of
the
heart
of
in
build
around
for
johnston
for
urbandale.
H
Even
all
the
way
north
up
is
everything
filled
in
towards
towards
grimes
and
then
a
little
south
and
west
into
clive.
I
mean
this
has
sort
of
been
a
a
center
for
a
lot
of
growth
and
a
lot
of
thought
and
a
lot
of
development
that
is
spurred
by
merle
hay
and
to
rethink
it,
bring
it
into
the
21st
century
and
show
people
how
a
really
thoughtful
redevelopment
can
again
reignite
interest
in
the
the
whole
area.
H
I
think,
is
really
really
exciting
and
again,
I
think,
stands
on
its
own
and
a
great
combined
effort
between
urbandale
and
in
the
city
of
des
moines.
The
the
downtown
project,
I
think,
is
really
exciting.
Also,
you
know
there
weren't
too
many
years
ago.
Let's
say
back
in
the
80s,
when
some
people
thought
that
maybe
downtown
ought
to
not
look
exactly
like
a
downtown
that
maybe
the
way
the
world
was
going
that
downtown.
H
We
ought
to
level
all
these
areas
and
and
recreate
you
know,
sort
of
a
suburban
look
with
buildings
and
parking
all
around
and
and
whatever,
and
I
think
that
the
business
community
and
the
city
of
des
moines
over
the
last
20
plus
years
has
come
together
and
rethought.
H
What
downtown
ought
to
be
that
we're
really
the
heart
of
iowa
and
it
should
be
a
great
place
to
live
a
great
place
to
work
and
the
capital
is
here,
there's
so
much
good
going
on,
and
here
was
an
area
that
had
fallen
into
sort
of
a
sad
situation
with
and
become
a
superfund
site
at
least
part
of
it
and
as
people
rethought
well,
what
could
happen?
H
We
saw
the
investment
in
the
strategic
thinking
that
took
place
between
the
city
itself
and
the
business
community
as
they
rethought.
What
downtown
ought
to
be
and
the
whole
live
work
play
idea
came
to
fruition
and
we
saw
a
huge
sport,
not
only
in
in
occupancy
of
you
know,
office,
buildings
and
businesses
wanting
to
be
in
the
heart
of
iowa,
but
also
people
wanted
to
live
downtown.
H
So
we
went
from
you
know:
1500
people
living
downtown,
maybe
1700
to
17
000
and
the
thinking
here
in
the
catalyst
that
that
this
whole
thing
could
drive
in
in
as
we
look
at
the
downtown
area,
with
thousands
of
more
opportunities
and
places
to
live
and
to
make
downtown
more
exciting.
More
inviting,
I
think,
is
a
very
interesting
and
exciting
opportunity
and
I'm
hopeful
that
the
state
in
iowa
economic
development
take
a
look
at
this
and
say
wow.
This
is
what
iowa
is
and
certainly
there's
other
projects
around
the
state.
H
But
these
two
are
both
catalytic
for
great
things
to
happen.
So
naomi
thanks
for
all
of
your
work
and
to
our
folks
out
at
merle,
hey
thanks
for
yours
and
kyle,
you
and
your
group.
Let's
all
continue
to
think
together
and
work
together,
scott,
unless
there's
anything
else,
I'm
going
to
kick
it
over
to
you
and
let's
move
forward.
C
Thank
you
mayor.
That
actually
concludes
the
agenda
for
this
morning.
So
a
great
great
summary
to
these
two
two
projects.
That's
all
we
have
for
this
morning.
H
B
F
Yes,
this
is
kyle
and
I
think
certainly
thanks
to
thank
you
mayor
thanks
to
all
the
councils.
Certainly
thanks
to
the
staff,
I
think
you
know,
aaron
naomi
matt
specifically
were
fantastic
for
us
in
the
process.
So
it's
a
lot
of
work
to
do
this
for
everybody
and
we're
excited
about
the
opportunity
to
be
in
front
of
you
and
thank
you
for
your
support
of
this,
and
you
know
the
opportunity
to
transform
that
daiko
site.
So
you
know
I've
been
in
des
moines
33
years.