Bloomington Port Authority Continues South Loop District Plan Amid Housing and Development Discussions
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Meeting Type:
Port Authority
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Meeting Date:
10/15/2024
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Recording Published:
10/15/2024
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Duration:
124 Minutes
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State:
Minnesota
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County:
Hennepin County
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Towns:
Bloomington
- Meeting Overview:
In the recent Bloomington Port Authority Commission meeting, the primary focus was on advancing the South Loop District Plan update and addressing affordable housing and development challenges. Commissioners deliberated on various aspects of these topics, striving to align them with the city’s broader strategic goals while evaluating ongoing projects and market conditions.
A significant portion of the meeting was dedicated to the South Loop District Plan update, a revision of a document initially adopted in 2012. The update aims to integrate evolving city policies and reflect current conditions. Commissioners weighed the decision to proceed with the presentation in the absence of the mayor, recognizing the importance of his input but ultimately opting to continue. The update process, part of the 2024 Planning Commission work plan, seeks to transform the South Loop area from a suburban to a more urbanized setting, considering shifts in demographics, the job market, and public investments. The presentation outlined a timeline beginning in July and concluding in April, with public hearings planned to gather feedback.
Sustainability was a key focus, with commissioners noting its growing importance due to advancements in environmental expertise. Commissioners also suggested prioritizing public safety and exploring the potential for a grocery store in the area. The viability of office space was debated, acknowledging current market challenges but emphasizing the need for adaptability in future planning.
Commissioners further explored the financial capabilities of developers, noting disparities that impact project execution. A cohesive branding and identity for developments, particularly around the BCS train station, were discussed, contrasting with less developed areas along Lindale Avenue. The need for strategic urban design principles, such as walkability and zoning frameworks, was underscored. The absence of grocery options was linked to broader issues of walkability and neighborhood connectivity, with commissioners advocating for a more integrated urban environment.
Housing affordability was another pressing topic, with the commission examining the annual housing report. Bloomington’s population is projected to grow, with a demographic shift toward an aging population. Despite rising median incomes, disparities in homeownership rates across racial and ethnic groups remain a concern. The discussion touched on the impact of corporate buyers on the housing market, noting their limited presence in Bloomington due to regional factors. Commissioners also addressed income disparities and housing cost burdens, emphasizing the need for robust policies to address these challenges.
The meeting concluded with discussions on the affordable housing trust fund and compliance processes. The commission reviewed progress in meeting affordable housing development goals, particularly for units at 60% and 50% area median income. However, challenges persist in achieving goals for 30% AMI units, relying heavily on the affordable housing trust fund. The commission approved a contract extension for Port Authority Bond Council services and resolved to apply for a grant to support business district initiatives.
Tim Busse
Port Authority Officials:
Bob Erickson, Cynthia Hunt, Tim Keller, Rob Lunz, Shawn Nelson, Steve Peterson, Holly Masek (Port Authority Administrator)
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Meeting Type:
Port Authority
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Committee:
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Meeting Date:
10/15/2024
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Recording Published:
10/15/2024
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Duration:
124 Minutes
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Notability Score:
Routine
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State:
Minnesota
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County:
Hennepin County
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Towns:
Bloomington