HomeMy WebLinkAboutIV.C. Strategic Plan Matrix_2022YearEndHEDRA STRATEGIC PLAN ACTION STEPS Adopted July 8, 2021
Development of Underutilized Sites
Project Project Status Strategic Actions Budget Impact Timeline
Vermillion/Cty
Hwy 47 Intersection
Redevelopment
Completed Meet with property owners to determine likelihood for redevelopment and the extent to which HEDRA would play a role.
Staff time Near Term (<1 year)
Completed Kwik Trip continues to market their properties for sale. None Near Term (<1 year)
Ongoing Meet with interested redevelopment partners to determine interest and identify obstacles. Staff time Near Term (<1 year)
Not Started Determine any HEDRA resources to spur redevelopment. Potential Acquisition Cost. Assessed value of properties ~500K.
Mid Term 1-2 Years
Ongoing City Staff to coordinate with Dakota County on Cty Hwy
47 improvement project and preserving access to the redevelopment site
Staff Time Near Term
(<1 year)
Hastings Target Site
Completed Establish regular meetings with Target’s real estate broker to determine private market interest for purchase or site
redevelopment.
Staff time
Near Term (<1 year) Not Necessary Work with owner, broker, and Operational Easement Agreement (OEA) Signatories to expand potential uses for
the site
Not Necessary Review any changes to land use controls with HEDRA and City to spur development.
Not Necessary Determine any HEDRA resources to spur redevelopment.
UBC Site Redevelopment
Completed Staff to approach developers to gauge interest in the site
and possibilities for redevelopment.
Staff time
Near Term Staff to work internally to locate alternative storage options Cost to remove
Completed for the various pieces of equipment currently stored in the metal UBC building. metal structure from building. (<1 year)
Completed Work with Approved Developer through Land Use Entitlements Staff time
317 3rd Street E Redevelopment
Completed Staff to continue assisting developer through project entitlements. Staff time Near Term (<1 year)
Completed Staff to apply for Dakota County CDA RIG Grant Staff time
Ongoing Staff to coordinate project through Developer closing on property. Staff time 1 year
Block 28 Redevelopment
Completed Acquisition of Country Nites PID 19-32150-28-085 and PID 19-32150-28-050 Staff time + $240,000 Near Term (<1 year) Completed Acquisition of Rivertown Liquors PID 19-32150-28-020 and PID 19-32150-28-021 Staff time + $230,000
Ongoing
Coordinate with property owners to determine price to
control development interest (sales price, right of first refusal, etc)
Staff time +
Acquisition Budget
Near Term
(<1 year)
Ongoing Meet with interested redevelopment partners to determine interest and identify obstacles. Staff time Mid Term (1-2 year) Not Started Develop RFQ / RFP for development partner for the site once partially assembled Staff time Long Term (3+ years)
Not Started Determine any HEDRA resources to spur redevelopment Staff time Long Term (3+ years)
Block 1 Redevelopment
Completed Staff to continue to meet with Spades and assess progress towards development. Staff time Near Term (<1 year)
Not Pursued Staff to prepare an RFP for a mixed use development on the site. Project to include both residential and either retail/commercial/office uses.
Staff time Mid Term (1–2 years)
County Crossroads Commercial Site
Not Necessary Meet with property owners to determine likelihood for development Staff time Near Term (<1 year) Completed Meet with interested development partners to determine interest and identify obstacles Staff time
Completed Review any changes to land use controls with HEDRA and Staff time
City to spur development. Not Necessary Determine any HEDRA resources to spur redevelopment. Staff time Mid Term (1-2 year)
Westview Mall Ongoing Meet with Property owner to assess their long term vision
for the property and how the City can assist. Staff time Near Term
(<1 year)
Marcus Theatre Completed Meet with listing brokers. Staff time Mid Term (1-2 year) Not Started Review any changes to land use controls with HEDRA and City to spur sale, repositioning, or redevelopment. Staff time
Maintain Hastings Character & Tourism Attraction
Project Project Status Strategic Actions Budget Impact Timeline
Downtown Hastings
Not Pursued Complete an architectural assessment to include the identification of necessary repairs to ensure longevity of
historic structures.
$25,000 study
Near term (<1 year) Completed Staff to review American Rescue Plan Act (ARPA) to assess the use of that resource to fund a matching grant program to fund repairs that are identified by the assessment.
ARP dollars for matching grant program to fund repairs.
Completed Complete renovation projects on downtown historic
structures
$50,000 Mid Term
(1-2 year)
Completed Staff to assess opportunities for activation of alley between 2nd Street and Levee Park as promenade. Staff Time Near term (<1 year)
Paused Prepare repositioning plan for 213 Ramsey Street as a small business incubator and coworking space owned/managed by HEDRA
Staff Time + Construction Costs
(<1 year)
Ongoing Implementation of Façade Improvement Program $50,000 <1 year
Blight Identification
Completed Staff to proactively identify and pursue code violations in
commercial areas.
Staff time
Near term (<1 year)
Not Completed
Staff to review existing Revolving Loan Program and either add to this program or create a new loan program with the
purpose of funding exterior and structural home repairs for households with an annual income <80% of Area Median Income. Hastings 2019 AMI for a four-person household
HEDRA to fund no interest loan
was $71,264.
Improvements To Development Process
Project Project Status Strategic Actions Budget Impact Timeline
Assess Entitlement
Process
Not Started Staff to meet with at least 6 commercial/residential developers that have completed a project in the past 3 years.
Staff time Near term (<1 year)
Not Started Staff prepare summary of areas of strength and areas of improvement. Identify specific alterations to be made to be considered by HEDRA / Planning Commission / City Council.
Staff time
Review Existing
Incentive Programs
Complete Staff to review all existing program handouts for areas to
update.
Staff time Near term
(<1 year)
Complete Bring recommended changes to HEDRA for consideration. Staff time
Business Retention and Expansion
Project Project Status Strategic Actions Budget Impact Timeline
Business Retention & Expansion Visits 12 completed 2021 6 completed 2022 Staff to complete at least 10 BR&E visits annually and provide BR&E survey report to HEDRA. Staff time Near term (<1 year)
Business Drop-in
visits
104 completed 2021
131 completed 2022
Staff to complete at least 100 unique business drops in’s
per year and provide updates to HEDRA in July and January on status of visits.
Staff time Near term
(<1 year)