HomeMy WebLinkAboutII.B - Minutes 8-27HEDRA
HASTINGS ECONOMIC DEVELOPMENT and
REDEVELOPMENT AUTHORITY MINUTES
AUGUST 27TH, 2020 WORKSHOP
The Hastings Economic Development and Redevelopment Authority of the City of
Hastings, Minnesota met in a workshop on Thursday, August 27, 2020 at 8:00am in
the Hastings City Council Chambers and via Zoom video conference.
HEDRA Commissioners Present: Sullivan, Peine, Fox, Sinclair, Goblirsch,
Balsanek, and Vaughan (via Zoom).
HEDRA Commissioners Absent: None
Staff Present: Community Development Director John Hinzman
I. Quorum
A quorum was established and the workshop was called to order by President
Sullivan at 8:00 AM with seven members present.
II. Discuss Block 1 Development
Director Hinzman provided a summary of both the Spades SBC office development and
Mint apartment development proposals for Block 1. Commissioners discussed the
benefits and differences of both projects, including:
Spades SBC
Potential growth of other businesses
Jobs bring housing
Support concept; is this the best location for them
May bring greater benefits
Could you do both projects
How long to get to 200 jobs that are anticipated
Tremendous opportunity
Mint Development
Does this solve housing issues
Housing to be at market rate or above
May or may not create jobs
Commissioners generally supported execution of a one year exclusive agreement with
Spades to allow for an examination of feasibility on the Block 1 site. The agreement
would include periodic progress targets. Formal will action will be at a later date.
III. Adjourn
The meeting was adjourned at 9:20am.
Respectively Submitted - John Hinzman