Compiled by: Stephanie Cadmus, Mod & Co., and Andy McDermott, Shea, Inc. Feature

MSCA Connection May 2010msca-online.com

Minnesota Shopping Center AssociationVol 24. No. 5

Connection

1

Take Me Out to Target Field

Location: SE corner of Diffley Road and Lexington AvenueMonth/Year Opened: November 2008Owner: Reliance Development CompanyManaging Agent: Mid-America Real Estate-Minnesota, LLCCenter Manager: Mark NormanLeasing Agent: Stefanie Meyer/Johnny Reimann, Mid-AmericaReal Estate-Minnesota, LLC (952) 563-6600Architect: Rylaur, LLC, Planmark (Cub), Landform (Civil)Construction Contractor: Copeland Building CorporationGLA: 62,000 sfCurrent Occupancy: 87%# of Stores: 8Anchor Tenant: Cub FoodsMarket Area Served: SE Eagan and SW Inver Grove HeightsAdditional Facts/Narrative: Diffley Marketplace is aneighborhood shopping center anchored by Cub Foods.Adjacent to the multi-tenant buildings are two pad sites ideal fora bank, sit down restaurant, daycare or automotive user toservice the surrounding neighborhoods. The center is across thestreet from Eagan High School and Northview Elementary.

May 2010

In this Issue

Diffley Marketplace -- SNAPSHOT 1Mobile Apps ---------- HOT SPOTS 3Technology ------- COMMITTEE CHAT 4Stumph / Stanke -- MEMBER PROFILES 5CorePower Yoga ----- RISING STAR 5Mixed Use --------- PROGRAM RECAP 6

The newsletter committee is dedicated to bringing you newsand information that is fresh and relevant, and we admit

that we paused before bringing you this specialfeature on Target Field, fearing that perhaps

it was too much of a “fluff” piece.

But, as we considered the strongsense of community pride, thestrengthened image of our region,the potential economic benefits ofthe development, the sheermagnitude and beauty of theballpark itself…we determined that

the enthusiasm surrounding the newTwins ballpark IS fresh and relevant.

Those of us who have already been arestill giddy with excitement. For those that

haven’t been, grab your friends and family andexperience it for yourself. There is truly something foreveryone. In no particular order, here is just a sampling of allthere is to see and do at the new Target Field:

Snapshot

Diffley Marketplace

Features Worth FindingTarget Plaza, designed by Populous andOslund and Assoc., is a walking bridgeand public space connecting Target Field tothe heart of downtown Minneapolis, beginning at thecorner of First Avenue and Sixth Street, and features:

� Nine 40-foot baseball bat-inspired topiaries � An oversized bronze

baseball glove—asymbol of the annualGold Glove award

� Twins Hall of Famepennants

� A Minnesotabaseball historymonument

Attendanceat the opener

on April 12, 2010

39,715

Stats

Ballpark size: 1,000,000 sf

Total ballpark budget:$425,491,694

Target Field is the second ballparkto achieve LEED Silver

certification. (Nationals Park inWashington, DC was the first,

but Twins earned 36 pointsto the National’s 34.)

2010 Sponsors

ACI Asphalt Contractors, Inc.American Engineering Testing, Inc.Aspen Waste Systems, Inc.Bremer Bank, N.A.Brookfield PropertiesCB Richard EllisCSM CorporationChuck & Don's Pet Food OutletClassic Asphalt & Sealcoating Co. Inc.Faegre & Benson LLPFendler Patterson Construction, Inc.Fredrikson & Byron, P.A.Gray Plant MootyGreat Clips, Inc.H.J. Development, Inc.Inland Real Estate CorporationJE Dunn ConstructionJones Lang LaSalle/Rosedale

CenterKraus-Anderson CompaniesLarkin Hoffman Daly & Lindgren Ltd.Lawn RangerLeonard, Street and DeinardM & I BankMFRA, Inc.Messerli & Kramer P.A.Mid-America Real Estate -

Minnesota LLCMidwest Maintenance &

Mechanical, Inc.Minneapolis/St. Paul Business

JournalMinnesota Real Estate JournalNorthMarqOlsson AssociatesOppidan, Inc.Opus Northwest, L.L.C.Paster EnterprisesRJM ConstructionRLK IncorporatedRSM McGladrey, Inc.Reliable Property ServicesReliance Development Company, LLPRobert Muir CompanyRobins, Kaplan, Miller & Ciresi L.L.P.Ryan Companies US, Inc.Solomon Real Estate Group Inc.Stewart Title Guaranty CompanySunde Land Surveying, LLCTCF BankTCI Architects/Engineers/

Contractor, Inc.Target CorporationU.S. BankUnited PropertiesVenture Mortgage CorporationWells Fargo Bank, N.A.Welsh CompaniesWestwood Professional Services, Inc.Wipfli LLP

MSCA Connection May 2010 msca-online.com

Gate Numbers: The gates at the ballpark are numbered after the retired numbersworn by Twins players except for Gate #42, retired throughout Major League Baseballfor Jackie Robinson. The center field gate is Gate #3, for Harmon Killebrew; the left fieldgate is Gate #6 honoring Tony Oliva; the home plate Gate #14 is for Kent Hrbek; theright field gate serves as Gate #29 in tribute to Rod Carew; and the plaza gate knownas Gate #34 honors Kirby Puckett.

Wind Veil: Designed by artist Ned Kahn, covers the expanse known as the “B”Parking Garage. Made of 9,000+ baseball card shaped metal flaps designed to movewith the wind, this mesmerizing kinetic art also features a multitude of LED lights.

Legend Statues—Bronze statues of legendary Twins players: KirbyPuckett, Rod Carew and Harmon Killebrew. Each weighs over 750 pounds.

Met Stadium Flag Pole: The original flag pole from Metropolitan Stadiumhas been placed just inside Gate 34 from Target Plaza.

Celebration Sign: This 46’-tall sign in center field features the original Twinslogo from 1961 which is an outline of the state framing cartoon characters Pauland Minnie, representing the two cities, standing across the Mississippi River andshaking hands. It lights up when a Twins player hits a home run.

5th Street Knotholes: The 5th Street side of Target Field features multiple“knotholes” which allow fans to watch the action from outside the park without havingto purchase a ticket.

Take Me Out to Target Field - continued

2

continued on page 7

Hot Dogs: Four kinds of Dogs will beoffered at Target Field. Hormel is out and

locally owned Schweigert is in! The Original Twins Dog goes backto the Twins’ roots at the team’s

first ballpark, Metropolitan Stadium.On Mondays during games, the

Original Twins Dog is a mere $1. The DomeDog is replaced by the Twins Big Dog, a ¼pound all beef hotdog. The Digger Dog isan extra-long dog, and the Dugout Dog is apork-beef dog in natural casing and is soldby retro-attired vendors in the stands.

Local Flavors + Ball Park Tradition:Three of the nine concession stands atTarget Field pay tribute to Twins’ Legends:pitcher Frank Viola (Frankie V’s Italian),broadcaster Halsey Hall (Halsey’s SausageHaus) and pitcher Juan Berenguer (SenorSmoke’s).

Here are a few menu highlights:• Mill City Grill—Features the signatureMurray’s Steak Sandwich and walleyefingers

• Hennepin Grille—Offers the VincentBurger, along with other burgers, dogs, friesand chicken tenders

• North Shore Creamery—Land O’ Lakessoft-serve ice cream, Twins helmet sundaes

• Frankie V’s Italian—A variety of pizza,calzones, and an Italian chopped salad

• Halsey’s Sausage Haus—Loon Cafe Chili,Lunds and Byerly’s Wild Rice Soup, Italianand Polish sausage and jumbo hot dogs

• Senor Smoke’s—From Juan’s homecountry of Panama features empanadasand other regional favorites such asnachos, burritos and tacos

Total: 42,000Lower Deck Seats: 23,450Upper Deck Seats: 12,482 (smallest in MLB)Private Suites: 60Group Party Suites: 12Club Level Seats: 4,000Disabled Seating: 820 (the Metrodome had 190)Seats with Obstructed Views: 0 (the Metrodome had 1,392)Home Plate to First Row Spectator: 50 feet1st/3rd Base to First Row Spectator: 40 feet

Food and More Food

Seating

Restrooms

Total Restrooms:34

(the Metrodome had 16 total)

Total Men’s:17 (8 at Metrodome)

Total Women’s:17 (8 at Metrodome)

MSCA Connection May 20103

msca-online.com

by Mark Norman, Mid-America Real Estate-Minnesota, LLCHot SpotsFeatured

Sponsors

American EngineeringTesting, Inc.The industry leader clientstrust.

CB Richard EllisTo be the trusted advisor toowners and occupiers ofcommercial property.

Classic Asphalt &Sealcoating Co. Inc.20 years of quality work.

Larkin Hoffman Daly &Lindgren Ltd.Larkin, Hoffman, Daly &Lindgren Ltd. is a full-servicelaw firm solving problemsand creating opportunitiesfor businesses and individualssince 1958.

Minnesota Real EstateJournalFor 25 years the MinnesotaReal Estate Journal has beenrecognized as the onlysource for complete newsand information on theCommercial Real EstateIndustry.

Ryan Companies US, Inc.To be the developer andbuilder of choice for thecustomers we serve.

U.S. BankU.S. Bank Commercial RealEstate Division offers theindustry’s best line-up ofinnovative products andservices. We cater to allcommercial real estateclients ranging from localdevelopers to nationalinvestors. U.S. BankCommercial Real Estate isstrong, safe, and capable ofdelivering the financialsolutions you deserve.

Many consumers turn to the internetto research, price and shop forvarious goods and services, making

cell phones a logical progression, after acomputer, for information gathering. Mobileapplications are continually catching theattention of anyone with an iPhone,Blackberry or any other smartphone. Itshould be no surprise that theseapplications are now being adapted in anarray of avenues for retail.

Yet, there is some fear of this innovativetechnology among retailers, as it can offerconsumers easy access to information fromdirect competitors. But in reality, many ofthe mobile apps actually complementtraditional “bricks-and-mortar” retail bydriving more traffic and improvingin-store experiences.1

Here are just a few suchmobile applications that are ofinterest:

ShopSavvy—Consumers canscan a product barcode with their phone’sbuilt-in camera, and ShopSavvy providescomparison shopping for online stores andnearby retail locations.2

FastMall—Specific to the iPhone (andiTouch), this app provides interactive mapsof malls, including stores, elevators, andrestaurants. Type the name of a store, andFastMall will give you directions; tell yourphone where you parked, and it willremember it for you; or even give yourphone a shake, and it will locate thenearest restroom.3

Yowza—Uses GPS to find the user’slocation, and sends coupons for nearbyretailers. The user sets the range from within1 mile to 50 miles from the current location.

The coupon is displayed on yourphone for viewing and scanning atthe store.4

Besides the numerous third partyapplications, some retailers areutilizing this technology on their own.In fact, Target is one of the firstretailers to implement couponsaccessible from your phone, either

via their mobile website or through texting,which are then scanned at checkout fromyour mobile phone. JCPenney is alsoexpected to begin a nationwide mobilecoupon program, and several grocerystores and fast-food chains already offersimilar services.5

There is no doubt that retailers will continueto pursue mobile applications in the comingyears as the devices have becomepowerful gateways to the consumer. Theabove examples are just the tip of theiceberg, and the true potential for mobileapps to drive retail sales is yet to be fullyrealized.1 http://adage.com/digital/article?article_id=1423182 www.biggu.com3 www.fastmall.com4 www.getyowza.com/learn5 www.startribune.com/business/87294762.html

A Perfect Match:

Mobile Apps and Retail

With the ICSC Re-Con Conventioncoming up in May, it’s a great time to getcaught up on some publications onrelevant topics to our industry.

Sustainable Retail Development: NewSuccess Strategies (Hardcover), JerryYudelson; Springer; 1st edition; November18, 2009 – With the next generation ofshopping centers inevitably tied to ideasof sustainability, this essential strategyguide speaks to how principles ofsustainability might work in not onlydevelopment, but management,promotions, and marketing efforts.

Enchanting a Disenchanted World:Continuity and Change in the Cathedralsof Consumption (Paperback), GeorgeRitzer; Pine Forge Press; 3rd edition;December 9, 2009 – More of a book onconsumption patterns and retail theory,this read offers a larger perspectiveregarding the consumption patterns ofthe upcoming millennial generation.

Small Talk

Bookmark:

ICSC preparation

Have a reading recommendation? Contact Christopher Max Naumann atchristopher@christophermax.org or JudyLawrence at jlawrence@karealty.com.

Small Talk

Websites:

Summer Trends

Here are some good referencesabout projected trends for 2010.

� www.stores.org� www.retailtouchpoints.com� www.analytics.pbbiblogs.com� www.trendwatching.com

� � Über Baby’s new flagship location opened April 9 in St. Louis Park atthe Shops at West End offering tons of hip lines for little fashionistas,

including Appaman, TOMS Shoes and Misha Lulu. Expectant motherscan also score chic maternity wear in the store-within-a-store,Expecting Über Baby.

� � French-themed accessories store C'est Chic opened in theMinneapolis warehouse district the first week of April carryinghandbags, scarves, hats and jewelry from hard-to-find Frenchlabels. The store is located at 212 Third Avenue N., Suite 109.

� � Soma Intimates, Chico's answer to Victoria's Secretopened its first Twin Cities location on April 14 at RosedaleCenter. The store offers bras, shape wear, lounge apparel andmore, with modest, but not matronly styling.

� � Ringo at the Shops at West End opened April 12. The newrestaurant concept is summed up with its tagline, “World Flavors,Local Comfort.” One third of the menu will include classic dishesfrom around the world, including paella from Spain and OssoBucco from Italy. Another third of the menu will feature “localcomforts” such as fresh walleye fillet, caramel apple pork chop

and meatloaf sliders. The final third is what Ringo calls the“destination menu,” and it features the cuisine of a different part of

the world every month. Ringo Restaurants, Inc. worked with Shea,Inc. of Minneapolis to design the roughly 8,000 sf space which also

focuses on local comfort with an international flair.

� � Ulta will open a new store at St. Cloud Rivertown Village at Hwy 15and Division Street. The lease for the 21,329 sf space was signed in April,

with an opening expected in early fall of this year.

MSCA Connection May 2010

MN Marketplace

M A R K E TEvents

May 5 Retail Focus

May 6 Joint University of St. Thomasmeeting

Jun 2 Transportation

Jun 21 Golf Tournament

July 14 Economic Outlook

Aug 4 Shopping Center Focus

For program times and more info,please log on to

www.msca-online.com

OFFICERSPresidentStephen Eggert, Target Corporation1st Vice PresidentPeter Berrie, Faegre & Benson LLP2nd Vice PresidentPaula Mueller, Northtown Mall/Glimcher PropertiesTreasurerEric Bjelland, NorthMarqSecretaryDeb Carlson, Cushman & Wakefield of Minnesota, Inc.

DIRECTORSDana Andresen, Chuck & Don’s Pet Food OutletJohn Dietrich, RLK IncorporatedSteve Johnson, Solomon Real Estate Group Inc.Andy McDermott, Shea, Inc.Tricia Pitchford, NorthMarqRonn Thomas, NorthMarqJeff WurstImmediate Past President (as Director):Cindy MacDonald, Kraus-Anderson Companies

COMMITTEE CHAIRSProgramBarry Brottlund, InSite Commercial Real Estate, Inc.Tom Goodrum, MFRA, Inc.MembershipBrad Kaplan, NorthMarqMatt Parten, Doran ConstructionNewsletterStephanie Cadmus, Mod & Company, LLCJoAnn Maloney, Fredrikson & Byron, P.A.AwardsSteve Young, Arbor Commercial GroupTony Barranco, Ryan Companies US, Inc.LegislativeHoward Paster, Paster EnterprisesJack Amdal, KKE Architects, Inc.Retail Report Janet Goossens, Kraus-Anderson CompaniesJim Mayland, Cassidy TurleyTechnologyTom Madsen, Benson-Orth Associates, Inc.Jase Stumph, LS Black Constructors, Inc.GolfRick Schroeder, Robert Muir CompanyRyan Burke, Kraus-Anderson CompaniesSponsorshipJanele Taveggia, LEO A DALYNed Rukavina, NorthMarqMSCA CaresStefanie Meyer, Mid-America Real Estate – Minnesota LLCJesseka Doherty, Mid-America Real Estate – Minnesota LLC

STAFFExecutive DirectorKarla Keller Torp(P) 952-888-3490 (C) 952-292-2414 (F) 952-888-0000ktorp@msca-online.comAssociate DirectorStacey Bonine(P) 952-888-3491 (C) 952-292-2416 (F) 952-888-0000sbonine@msca-online.comExecutive AssistantDanielle Pelton(P) 952-345-0452 (F) 952-888-0000dpelton@msca-online.com

2010 Leadership

Many people often confuse the role andresponsibilities of the Technology Committee.Let me clarify for you—we are not a bunch of “computer geeks.” Maybe

we need to change the name of our committee. In fact, most of our meetingtime is focused on marketing and customer service. Our focus is to improve ourwebsite’s format and function to better market our association and serve theneeds of our dedicated members that visit and use our website. www.msca-online.com (Approximately 90% of our members register online for our monthlyprograms).

Our primary responsibilities are to manage and administer the MSCA websiteand to enhance the website to better inform, educate and serve ourmembership. We spend the majority of our quarterly meetings viewing the MSCAwebsite, discussing enhancements to the site, reviewing common concerns andprocedures and researching other sites for new and improved ideas.

The committee is also responsible to generate revenues from banneradvertisements and online resumes and assess capitalized equipment andsoftware requirements of the association (kind of geeky stuff). Most recently, wehave begun to research the various social media opportunities for ourassociation. The “technical” part of the work is administered by the MSCA staffand Dan Thompson, NorthLANs Alliance, a consultant.

We currently are looking for several more MSCA members to serve on theTechnology Committee. If you’re interested in joining the TechnologyCommittee, please contact either of the Co-Chairs: Tom Madsen or JaseStumph. Our next meeting is Wednesday, May 12 at 8:30 am in the MSCA offices.

Committee Chat

Technology

msca-online.com4

Primary Career Focus: Construction project management and business development;working towards development projects in the future.Education: BS Aviation Management, Mini Masters of Project Management at St Thomas,pursuing the Certificate in Construction Management at the U of MFamily: Wife, Lauri and daughters, Kylie and KelseaHobbies: Travel, building stained glass windows, home-brewing beer, kayaking Dream Job: US AmbassadorSecret Talent: I speak Serbo-Croatian after living in Bosnia for 2½ yearsFavorite Food: Pizza-especially from Punch & Pizza Luce Favorite Book: Any book by Vince Flynn (Local Author)Favorite Quote: “Never argue with an idiot, they bring you down to their level and then theybeat you with experience!”Mentors: Rick Schroeder, Bill Wren, Charles SmootFavorite Place Traveled: Former Yugoslavia, especially Slovenija & CroatiaMSCA Involvement: Co-Chair on the Technology Committee

Primary Career Focus: Building business and managing properties for clients Education: University of Wisconsin River Falls—College of EducationFamily: Husband, Jeff; daughter, Kalee (16½); and the “Pack”—Shadow, Miley and JonahHobbies: Volunteer opportunities, dog rescue, and getting my hands dirty on the back 40Very First Job: Snack bar girl at Saints North Roller RinkDream Job: You mean…other than the one I have?Secret Talent: Interior staging and decoratingFavorite Food: CAKE—every kind!Favorite Book: Tuesdays with Morrie, by Mitch AlbomFavorite Quote: “It’s what you do and not what you say, If you’re not part of the futurethen get out of the way,” John Mellencamp Mentors: The incredible staff at Suntide!Favorite Place Traveled: Cherkassy, Ukraine

MSCA Connection May 20105

msca-online.com

Julie StankeSuntide Commercial Realty, Inc.

Jase StumphLS Black Constructors, Inc.

Member Profiles

W A T C H

by Richard Jahnke, Paster EnterprisesRising Star

Trevor Tice and Tim Johnson are the foundingpartners of CorePower Yoga. Their goal inopening CorePower Yoga was to create an encouraging environment where

individuals could leave behind their conventional ideas about the limits of body and mind.Tim grew up in Burnsville, Minnesota, and has served as Partner and Director for CorePowerYoga since 2004. His responsibilities include the overall design and development of allstudios and development and oversight of all lifestyle programs across all regions.

People come to CorePower Yoga for physical and emotional nourishment. The physicalbenefits come from the yoga itself. The emotional benefits come not only from the yoga,but also from the connection with the students in the classes, according to their websitewww.corepoweryoga.com. Whether you’re a beginning yoga student or just new toCorePower Yoga Studios, CorePower Yoga offers a truly unique yoga practice based onintuition rather than tradition. CorePower Yoga heals, detoxifies and exhilarates the bodyand mind with emphasis on movement, balance and intention. No matter your age,strength or flexibility level, yoga is for everyone.

The Edina location in Centennial Lakes is complete with massage services and facials inthe Serenity Spa. You can shop the 1,200 sf boutique for yoga and eco-inspired fashion,skincare, books, music, yoga must-haves and more, and then take in the natural sceneryon the outdoor patio. Some classes are taught in 100 degree heat and humidity to fostercirculation and sweating. The build-out for the CorePower studios can be expensive dueto the extra HVAC requirements in the “hot room.”

CorePower has 33 yoga studios in Colorado, California, Illinois, Minnesota and Oregon. Theaverage size range is 2,500 to 3,500 sf. CorePower has opened eight locations in the TwinCities. At first, their demographic customer profile was primarily in the core urban areas ofSt. Paul, Minneapolis, Uptown and Stadium Village. However, as yoga has become moremainstream, they have been branching out to the suburbs with newer locations in EdenPrairie, Edina, Minnetonka and St. Louis Park.

CorePower Yoga

New Members

Roxanne DeCosterKKE Architects, Inc.

Thomas J. LincolnKimley-Horn & Associates

Michael P. PurfeerstSteiner Development, Inc.

Phillip B. BaumSteiner Development, Inc.

Anne-Marie CooksonSimon Property Group

Renee Haglund TierneyStewart Title GuarantyCompany

Craig EstremBlackRock

Chad ThomasUpper MidwestManagement Corporation

Kari ThomasBuffalo Wild Wings

Scott MichaelisEmmes Realty Services LLC

Ross DahlinADYME, LLC

This month’s paneldiscussed manyof the pitfalls as

well as the rewardsassociated withdeveloping mixed-use properties.

Penn & AmericanKeith Ulstad, Senior Vice President ofRetail Investment & Development forUnited Properties, discussed theongoing development process forUnited Properties’ project at Penn &American Boulevard. This project includesoffice, retail, housing and associatedparking. Things were looking good in spring2007. United Properties began planning fora new project that included 73,500 sf ofretail and restaurants, 20,000 sf of officespace, a 6,500 sf restaurant, housingbetween 230-240 units and a parking rampcontaining 588 stalls. Three years later, theland has been cleared, but no ground hasbeen broken. Many months have beenspent securing the rights to the land, thefinancing and design development. AsUlstad noted, United Properties is in its 13thiteration of the original rendering.

The challenges identified in a mixed-useproject include finding the optimum timing ineach of the retail, office and housing cyclesto take advantage of recent lowconstruction costs. Right now is a good timefor housing, but not overly favorable for retail.

In a project such as this, a developer mightlike to phase construction. There are someportions of work that are not “phaseable”such as the considerable infrastructureexpense necessary to support the project.Furthermore, it is difficult to get commitmentsfor a current phase if there is no set date forthe future phases. Developing dependableinvestment and exit strategies is anotherchallenge faced in developing multi-useprojects. Long-term debt financing is toughto secure in this market. Rates andconstruction costs as well as comparableproperties are all moving targets.

On the opportunities side of this project, theproperty is good real estate located in ahigh quality trade area and close to densepopulation. United Properties is not onlylocated in Bloomington, but has alsodeveloped many successful propertieswithin the city. United Properties considers

this a “home fieldadvantage.” Finally,long-term, mixed-useprojects are a trendfor futuredevelopments andare part of a largerinitiative. Patienceseems to be thebyword in thesetypes ofdevelopments.

Vadnais Heights Sports CenterShannon Rusk and Patrick Barrett ofOppidan introduced us to the VadnaisHeights Sports Center at Highway 61 andCounty Road E. This is a 15-acre and200,000 sf development that includes twoskating rinks, a turf dome, 20,000 sf ofexisting retail, restaurants and outlots.Thisproject is an example of what can happenwhen the city, the developer and thecommunity work together.

This project was a team partnership ofOppidan and the City of Vadnais Heightsthat required sure and steady progress andcooperation of the partners. Although thefacility will be owned by a non-profit group,in a creative twist of thinking, the Cityagreed to become the master leaseholder.This enabled them to use their bondingability to help support the project; however,taxes were not raised and no municipalfunds are included in the financing.

Susan Banovetz, Mayor of Vadnais Heights,outlined the numerous challenges andopportunities associated with this project.Challenges in this development includedovercoming politics, developing a no-brainer proforma that helped the city todecide to become the leaseholder,creating a team that was able to workefficiently to streamline project approvalsand developing a safe circulation plan thatwould accommodate up to 200 cars perhour. Right now the major challenge istiming. This project must be operational byNovember 1 in order to meet contract andrevenue projections.

Opportunities included creating a gatewayentrance to the City of Vadnais Heights,redeveloping a once-blighted area,creating an impetus for furtherdevelopment, creating jobs and filling alocal need.

April

Professional

Showcase

United Properties RetailGroup is an integratedreal estate operatingcompany that operatesgrocery-anchoredshopping centers within aregion from Chicago toColorado. The companyinvests through development,redevelopment andacquisitions. UP placesemphasis on understandingtheir customers’ businessesand the markets in whichthey operate. In connectionwith NorthMarq Real EstateServices, UP has developedre-lyticsTM, a proprietaryprogram of research,market analytics and web-based tools, to develop thebest possible insights whenunderwriting markets,locations and tenants.

MSCA Connection May 20106

msca-online.com

by Judy Lawrence, Kraus-Anderson CompaniesProgram Recap

Opportunities & Challenges of

Developing Mixed Use in Today’s Market

April program presenters left to right:Keith Ulstad, United PropertiesShannon Rusk, OppidanSusan Banovetz, City of Vadnais HeightsTom Moorse (moderator), HTG Architects Pat Barrett, Oppidan

Small Talk

Your MSCA

Website Tip:

MSCA ConnectOnline

> Go to msca-online.com> Sign onto members

section with your ID andpassword.

> Click on RESOURCEStab on top.

> Click on NEWSLETTER.> Browse by year (i.e.

2009).> View Headlines. Select

month desired underLINK—click desiredmonth.

> Open with AdobeReader. PDF of MSCAnewsletter will open.

MSCA Connection May 20107

msca-online.com

2227 University Avenue • Saint Paul, MN 55114 • www.pasterenterprises.com

Dedicated to providing needed goods and services to communities since 1946

Call Lisa Store: 651.646.7901

Take Me Out to Target Field - continued from p. 2• Taste of Twins Territory—Beer-steamed brats,jumbo hot dogs and pretzels

• State Fair Classics—Walleye on-a-stick, J.D.Hoyt’s pork chop on-a-stick, Michelbob’s ribs,Veggie kabobs and cheese curds

• Twins Brews—Craft and premium selections fromMinnesota and regional breweries, including Summit, Schells,Grainbelt, Finnegans, Leinie’s and Michelob.

Other Local Flavors: Karmarczuk’s Sausages, Angie’sKettle Corn and Tony Oliva’s Tony O’s Cuban Sandwich.

Beyond ConcessionsAll fans have access to two full-service restaurants at TargetField. Hrbek’s will be open prior to and during all Twinshome games. The restaurant is located behind home platein the main concourse and will feature pub fare such as theRex Burger, a one-half pound, all-beef burger stuffed withcaramelized onions and pepper jack cheese, served on abrioche roll. The Town Ball Tavern, themed afterMinnesota’s strong amateur baseball tradition, will featureTarget Field’s own Juicy Lucy with the cheese inside theburger, the Southpaw Walleye Sandwich, Twin Towns TurkeySandwich, Give ‘Em the Heater Nachos and the DoubleDipper Hot Spinach and Artichoke Dip. The Town Ball Tavernis located behind the left field foul pole on the Club Level.

In and around Target FieldPatrons served on Opening Day outside the stadium—toomany to count! A manager at Kieran’s Irish Pub on thecorner of 6th St and 1st Avenue said they served “hundredsand hundreds; we were busy all day!” Roy Smalley’s 87Club on 1st Avenue between 5th & 6th Streets offers family-friendly fare at reasonable prices. The “87 Club” part of thename references the year the Twins won their first WorldSeries championship, and Smalley played for that team.Hubert’s Sports Bar & Grill which replaced NBA City atTarget Center brings a Metrodome sports tradition right nextdoor to Target Field.

According to Metro Transit spokespersonBob Gibbons: Metro Transit calculatedthat it carried at least 6,700 Twins fans tothe game, 15-17% of the total

attendance at Target Field and well above the usual 10-12% figures for Metrodome events.

The new Route 679 bus—dubbed the Twins Express—picks up riders every 15 minutes from the MinnetonkaPark and Ride lot located near the intersection of I-394and County Road 73, beginning two hours before eachgame. The Twins Express will depart the ballpark every 15minutes for an hour after each game.

The official Target Field stats list 300 bicycle parkingspaces. Look for racks behind the third-base wall on thenorthwest side of the ballpark.

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