4. Pequot Lakes Business Park Infill

Home Browse Search

City of Pequot MEMO Lakes= _ TO: Pequot Lakes Economic Development Commission s' FROM: Dawn Bittner, Zoning Specialist��'� DATE: August 16, 2018 RE: Business Park Subdivisions In 2008, the City significantly reduced the density requirements for the Light Industrial zoning classification, allowing smaller lots and setbacks, as well as increasing the maximum impervious surface coverage limit. In 2011, in coordination with the EDC and BLAEDC, the Planning Commission prepared an ordinance amendment creating an Industrial Park Subdivision Overlay District to simplify the subdivision process in the Business Park. This amendment allows property owners in the Business Park to subdivide their land without the need to plat. A subdivision can be completed with a legal description prepared by a surveyor and a quick site visit. This reduced the time it would take for a subdivision to occur from three months or more to mere hours. The overall goal of this approach is to squeeze more value out of the Business Park properties. There is a significant public investment in the infrastructure serving these properties and both the Planning Commission and the EDC have recognized that our highest return on this public investment will come about by increasing the capacity for private-sector investment in the park. I have attached City Code Section 17-6.7 Business Park Infill Zone which outlines the process for subdivisions in the Overlay District and Section 17- 5.13 Light Industrial density requirements. I am also attaching a map with sample subdivisions, as well as a table that lists the type of business on each lot, the dimensions of the existing lot and what may be considered for subdivision. The minimum lot width is 50 feet, so there could be considerably more subdivisions than what is included on this sample map. 4638 Main Street Pequot Lakes,MN 56472 dbittner(a�pec�uotlakes-mn.gov 218-568-6699