Hy-Vee to begin planning process in New Hope

Hy-Vee, a unique grocery retailer, has publicly announced its plan to expand its business in to the Twin Cities market. The 90,000-square-foot store will have four separate entrances making it appear more as a mixed use than a single facility. (Submitted image)

Hy-Vee, a unique grocery retailer, has publicly announced its plan to expand its business in to the Twin Cities market. The 90,000-square-foot store will have four separate entrances making it appear more as a mixed use than a single facility. (Submitted image)

In February, New Hope learned that Hy-Vee, an Iowa-based grocer, is planning to break into the Twin Cities market and has a special interest in the former Kmart site at 42nd and Xylon avenues.

On Jan. 22 residents and City Council members alike heard City Center proposals for the first time. Among the concepts was a 130-unit apartment complex, 30,000 square-foot medical office and new City Hall proposed by Amcon Construction; a new City Hall, senior housing facility, townhomes, 70-unit apartment complex and retail building proposed by The Beard Group Inc.; and a large grocery store featuring several specialty departments proposed by Anderson Companies.

Knowing that for years residents have voiced the desire for a grocery store within the city borders, City Council agreed to begin discussion with Anderson Companies and Hy-Vee.

New Hope recently signed a preliminary development agreement to work with Anderson Companies, Hy-Vee’s developer, over a six-month period in which a potential site plan will be developed and discussed as well as cost and conditions of a potential sale of property.

The agreement provides the developer sole rights to the property for the duration of the six-month period.

If at any time during the six months either party believes it is not in their best interest to continue, the agreement can be terminated.

Both parties hold responsibilities within the next six months.

City responsibilities include the following:

• Assist in identifying necessary public improvements to the development

• Identify type and amount of development fees that Anderson Companies will be required to pay

• Identify the approval process and time frames for development approvals

• Provide title information, surveys and environmental reports related to the property to developer

• Draft a Redevelopment Agreement

• Provide access of the property to developer

The developers responsibilities:

• Continuing to refine the site and building plans for development

• Submit a proposed schedule for the development

• Update evidence of title to the property

• Submit to staff a form detailing all costs of the development

• Undertake preliminary engineering and soil testing of the property

• Determine the acceptability of the environmental condition of the property

• Identify public improvements expected or required

• Conduct a community open house to receive input

• Make all required presentations to City Council, EDA and Planning Commission

Anderson Companies will be required to deposit $10,000 to the city to cover the costs of the negotiation process.

The agreement expires Oct. 1, at which time the City Council will have to decide to move forward with the project process, opt to go with a different project or extend the agreement only if both parties agree.

Hy-Vee aims to fulfill not only grocery needs but many others as well. The proposed 90,000 square-foot building will house a liquor store, pharmacy, restaurant and specialty departments such as cheese, Artisan breads, meat and seafood.

The City Council will hear what residents have to say at the developer’s first open house April 17.

If you go:

Hy-Vee open house

• 4:30-8 p.m., Thursday, April 17 at New Hope City Hall, 4401 Xylon Ave.

• Info: 763-593-5100.

 

Contact Gina Purcell at gina.purcell@ecm-inc.com

 
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