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Int <br />Navarre Study Area Map — Figure 1 <br />Lake Interaction Opportunities <br />One of the key issues identified for this study was whether the Navarre neighborhood can be <br />expanded to touch and interact with Lake Minnetonka. Few opportunities exist to physically <br />connect with the lake based on the Navarre boundaries shown in Figure 1. The most logical <br />location to provide any sort of connection would be along the south side of Shoreline Drive <br />between Carman Street and Kelly Avenue. The PAC identified this area as possible opportunity <br />to connect with Lake Minnetonka. Should any of these properties redevelop in the future, it is <br />possible that development could occur in a way that provides views of the lake. Through the <br />community engagement process, feedback was received that was overwhelmingly opposed to <br />any active lake access, such as a public launch, in this location. Environmental concerns were <br />cited as the primary reasons. Therefore, connections with the lake in this area should be passive <br />and limited to views and opportunities to walk or sit near the lakeshore. If development is <br />proposed in the future, the city should work with developers to create a public space near the <br />lakeshore, where appropriate. When redevelopment opportunities along the Lake present <br />themselves, the City should consider if those redevelopment could provide a possible connection <br />for the Navarre neighborhood with Lake during the redevelopment. <br />Future Development <br />Market Study Considerations <br />Maxfield Research and Consulting, LLC was hired to conduct a market study to evaluate potential <br />development opportunities in the Navarre area. The entire market study is attached to this report <br />as Appendix A. The scope included a review of key demographic trends, assessment of current <br />market conditions for housing, and analysis of the current commercial market in the Lake <br />Minnetonka area. <br />The study identifies seven potential redevelopment areas and describes the potential land uses <br />that could result. These land uses are an indication of what the market would support but do not <br />Page 5 <br />