03-30-1987 Council Packet - Laserfiche WebLink

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-7- EMPLOYEE CRITERIA, IN TERMS ESPECIALLY OF THE DISADVANTAGED AND DISLOCATED: It follows that the facility can not be remote from concentrations, for example of the "disadvantaged.' The target area designated relates to these concentrations in '.'he county. Not only is distance critical, public transportation has to be accessible and available for the facility. Free parking for employees, with transportation, is also critical. There has to be some viable relationship to fast food and shopping resources, especially for single heads of household. By the same token, child care resources are planned for the facility to be managed on an independent basis. Finally, the facility will house resources oriented to training and counseling those employees with the need. FACII,TIT PHWILSB IN TEMItS OF BASIC CRITERM Since the focus of the iniative is on the human resources, corporate tenant criteria and employee criteria have been dealt with first. Nevertheless, certain basic parameters have been developed which relate to the size of the facility, and the level and extent of the activity. These criteria are not absolute, but relative and clecrly numbers which represent an order of magnitude. First, it is planned that the facility has at least thi:ty thousand square feet of net rental space. This means that common areas are excluded, such as restrooms, corridors, reception area and administrative offices, from the estimated square footage. Second, it is thought that the tenant population will be in the range of fifteen to twenty corporate tenants. Thirdly, an energy efficient building is necessary in the state of Minnesota. Fourth, the plan is presently for a flat rental fee of three dollars per square foot, whiclm includes utilities, taxes, insurance along with management charges. I` has to be repeated that the market in Hennepin county for commercial an] industrial space is highly competitive and likely -o become more so in the foreseeable future. Quality space is widely available in the three to four dollar range. The fifth consideration is that the building be available for purchase, or acquisition and/or use on a nominal fee basis. The sixth criteria is that the facility be in an attractive and visible location, and final.y it must be as already indicated viable in term of hignly competitive market alternatives. su<alness Plan: lie ,o 1/15/87:RSA:05