September 24, Ashley Cauley Senior Planner City of Minnetonka Minnetonka Blvd. Minnetonka, MN 55345

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shley Cauley Senior Planner City of Minnetonka 14600 Minnetonka Blvd. Minnetonka, MN 55345 Re: Marsh Run Redevelopment Proposed Multifamily Development Dear shley, Marsh Development, LLC ( pplicant ) is seeking additional concept plan feedback from the City Council for a proposed apartment building on part of the Marsh Run offices site at 11650 and 11706 Wayzata Blvd in Minnetonka, Minnesota. Currently the two parcels are occupied by three one-story office buildings and associated surface parking. The existing buildings would be razed to allow for redevelopment. The purpose of this second Concept Plan review is to obtain feedback on our revised architectural design. We previously submitted a concept plan for a 6-story building containing approximately 235 units of luxury market-rate apartments. The Planning Commission, City Council and members of the neighborhood all raised concerns about the massing and density of the project. We also received feedback that the architectural design was too urban and too modern, and we were challenged by City staff to better align the architectural style with the adjacent shopping center, condo and townhome developments. This revised plan reduces the total units by 45 from 235 to 190 apartments, reduces the massing of the building by eliminating two stories from a portion of the project closest to the neighbors and one story closest to the highway, eliminates parking on the north side of the building, and maintains a setback on the north side of the building roughly equal to the north façade building height. The north setback is now 43 feet to the property line and 103 feet between buildings. This allows for the preservation of the existing berm and enhancement to the screening between the projects. The revised architectural style is influenced by the more traditional look of the nearby residential townhome and condo projects. Stone mixed with warm wood accents highlight the entrance. Plank siding and brick complement the dark cap and architectural projections at key points along the building. The use of wood, stone and plank siding is intended to echo elements found at both the neighboring shopping center and condos. The proposed multifamily project would be a new 4/5-story structure with two levels of parking containing approximately 300 parking stalls, one level at grade and one level of below grade parking. Wrapping the parking ramp will be townhomes and architectural details to hide the ramp from the street. The project would include a mixture of 1-story townhomes, alcoves, 1-bedroom and 2-bedroom apartments. The project would also include on site management and a leasing office, approximately 10,000 square feet of indoor amenities and common areas, and an exceptional outdoor recreational space with additional amenities. 7803 Glenroy Road, Suite 200 Bloomington, MN 55439 952.288.2000 Fax: 952.288.2001 www.dorancompanies.com

In addition to comments provided by the Council and the public at the meeting October 8 th, we will also be hosting an open house on September 29 th at the Moline and another meeting on the subject site on October 3 rd to solicit additional neighborhood feedback. Concept Plan and Future Entitlement pplications The concept plan of the proposed redevelopment is expected to be reviewed by the City of Minnetonka s Council on October 8 th. Comments from that meeting will be considered when preparing the subsequent entitlement applications. The applications anticipated to allow for the redevelopment include: rezoning of the site to R-5 High Density Residential District, a comprehensive plan amendment to conform with the proposed 2040 plan, a floor area ratio variance, a front yard setback variance, a side and rear yard setback variance, a variance for off-street parking, a preliminary plat and final plat applications. Thank you for reviewing our concept plan and we look forward to having the project fully entitled to allow for the redevelopment of this site. Please let me know if you have any questions. Sincerely, Cody Dietrich Senior Development ssociate Marsh Development, LLC 7803 Glenroy Road, Suite 200 Bloomington, MN 55439 952.288.2000 Fax: 952.288.2001 www.dorancompanies.com

MRSH RUN REDEVELOPMENT Intersection

MRSH RUN REDEVELOPMENT Entrance

MRSH RUN REDEVELOPMENT Overall View on Fairfield

MRSH RUN REDEVELOPMENT From djacent Condominiums