Neighborhood meeting scheduled for Monday, April 24th from 5:15 – 6:30pm at Wayzata City Hall
Lake West Development is proposing redevelopment at 200 East Lake Street. Courtesy Hobbs + Black Architecture.
Developer Curt Fretham and his company Lake West Development have submitted another application to redevelop the former TCF headquarters site located at 200 East Lake Street in Wayzata.
The public has been invited to a neighborhood meeting on Monday April 24th, from 5:15 – 6:30pm at City Hall.
Other anticipated dates include: Monday, May 1, 6:30pm – Planning Commission public hearing Monday, May 15, 6:30pm – Planning Commission consent agenda Tuesday, June 6, 7:00pm – City Council
Lake West Development is proposing redevelopment at 200 East Lake Street. Courtesy Hobbs + Black Architecture.Lake West Development is proposing redevelopment at 200 East Lake Street. Courtesy Hobbs + Black Architecture.Lake West Development is proposing redevelopment at 200 East Lake Street. Courtesy Hobbs + Black Architecture.
More information can be found on the City of Wayzata’s website including a full copy of the application.
Stay tuned to Wayzata.com for more real estate news.
The iconic building will be open to the public for this event, which includes heavy appetizers, a hosted bar, and live music from local sensation PowerTap and Chris Kroeze, who performed on the NBC hit show The Voice.
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The event is dedicated to building brighter features and supporting the local community. All proceeds from ticket sales, which are $100 per person, will go towards helping homelessness, housing, and food insecurity in the community through the charity IOCP.
“We are thrilled to open up this building to the community for this exciting event,” said Curt Frethem, CEO of Lake West Development. “Not only will attendees have the opportunity to enjoy a night of live music and delicious food, but they will also be making a direct impact on the lives of those in need in our community. We encourage everyone to come out and support this important cause.”
Don’t miss this can’t-miss community event! Purchase your tickets today and be a part of something truly special.
For more information and to purchase tickets, please visit IOCP.ORG/2023.
About Lake West Development
Lake West Development are innovative developers, approaching properties from an unconventional angle, looking to add value to the property and surrounding neighborhood. We make welcome improvements to the Minnesota communities in which we work and live.
About Interfaith Outreach and Community Partners (IOCP)
Interfaith Outreach and Community Partners (IOCP) mission is To strengthen our community by meeting basic needs and equipping individuals and families for ongoing stability.
The Wayzata Planning Commission recommended city staff to draft a denial of a proposed redevelopment concept for the TCF headquarters property on Lake Street on Monday.
This is the third time Lakewest Development has come before the commission to present plans for redeveloping the property at 200 E. Lake Street. In 2020, it presented plans to convert the existing TCF Bank into condominiums and construct new residential buildings.
TCF Building in Wayzata. Photo Dan Gustafson.
In 2021, it returned to the commission with a plan to demolish the TCF building and construct two new residential buildings.After the previous two denials, the developer took feedback from the commission as well as the public through a neighborhood meeting in January.
The new plan discussed Monday included an underground mechanical parking system, 32 condominiums and retail space. There would also be pocket parks on the property, and 25-foot facade breaks every 150 feet. The development would include two buildings, referred to as east and west buildings or ‘building A’ and ‘building B’.
Approval of the plan would have required a zoning amendment to the existing planned urban development to create a new PUD district, design standards deviations and a shoreland impact plan study.Consultant Eric Zweber said 66-percent of the parking under the east building is beneath groundwater elevation, as well as 17-percent of the west building’s parking.
More than 100 pages of public comments were received, with many of them noting concern over tearing down the TCF building, losing views of the lake, the proximity of the redevelopment near the BNSF railroad tracks and increases in traffic. There was also a petition which received more than 400 signatures from residents and 1100 signatures in total in about a week opposing the development plans.
200 Lake Street East – Proposed Site. Image courtesy Lakewest Development.
Curt Fretham, chief manager of Lakewest Development, said his development team has tried to be creative to meet requirements in the city’s design standards and comprehensive plan.
“We did that,” Fretham said of a number of changes his team was asked to make. “You asked us in initial meetings to reduce mass, provide more open space. You asked us in other words to make it smaller. You also asked us to increase density or in other words, make it bigger. We’ve been asked to do a lot of things. And we have been accepting and approving of those asks. All we really want to do is use our property in a reasonable manner.”
The applicant had several consultants discuss the concept further, addressing how the mechanical parking system works, the traffic impact of the new residential and commercial space and the architectural design.
“We’re frankly surprised, given all the consultants they brought tonight, they did not do a railroad study,” said Kendra Lindahl during the public forum. “It’s not that it could happen. It has happened.”
Lindahl referenced a train derailment which struck another site along the railroad corridor, though commissioner Peggy Douglas corrected that it did not happen on the site in question. The south side of the property is marked by the railroad tracks about 25-feet from the proposed building.
Lindahl asked what value this development would bring to the city, which Brad Hoyt echoed. Hoyt is the owner of Ventana Apartments.
“This building is only 35 years old. It’s not even depreciated yet,” he said. “My view is the project is already reasonably developed and should remain in its state.”
Lindsay Bashioum, who previously served on the planning commission, said the commission got it right the first two times it denied development plans.
“There’s no public benefit that isn’t already there,” Bashioum said.
The commission thanked the applicant for coming forward with a new concept for a third time, remarking on some of the things they liked about the new plans. They also said many of their concerns remain.
“This does not depict the charm of a lakeside community,” Douglas said. “I’m worried about the precedent for future development.”
“I think it’s too big to be charming,” Commissioner Jeff Parkhill added.
Commissioner Ken Sorenson motioned to direct staff to draft a denial of application. Commissioner Jennifer Severson seconded and the commission voted unanimously in favor of denial.
The Wayzata Planning Commission will review a proposed project thatwould convert the existing former TCF Headquarters Building at 200 East Lake Street in Wayzata to a 10-unit condominium building.
Courtesy ESG Architecture & Design
Two new structures would be added to east and west of the current building. The proposed eastern building would include 10 condominiums and the proposed western building would include 18 town homes.
The entire project would stretch from Barry Avenue to Ferndale Road along the south side of Lake Street.
Courtesy ESG Architecture & Design
Small “pocket parks” would be developed on the far east and west ends of the property.
Existing TCF Building
The current structure was build in 1990. It served as the corporate office for TCF National Bank. TCF employees moved to other offices and the building was listed for sale.
The existing building would not change. It has a legal non-conforming height of 52 feet to the top of the gable and 60 feet to the top of the spire.
Courtesy ESG Architecture & Design
Under the proposal, the property is envisioned as entirely residential. No commercial or other office uses are planned.
One question the Planning Commission will consider is whether an all-residential use of the property be appropriate for the site.
Courtesy ESG Architecture & Design
The Planning Commission could direct staff to prepare a draft Planning Commission Report and Recommendation.
This would then be reviewed at the following Planning Commission meeting.
Courtesy ESG Architecture & Design
Minnetonka-basedLake West Development, LLC and Minneapolis-based ESG Architects are working on the project. Lake West Development has a signed purchase agreement for the property that would allow it to redevelop the property as it proposes.
Courtesy ESG Architecture & Design
The City of Wayzata only allows buildings in a Planned Unit Development (PUD) District to be 35 feet tall. The building height in this proposal complies with the 35-foot rule.
The TCF Headquarters building located at 200 Lake Street East between Barry Avenue and Ferndale Road has been acquired by a new owner, according to the City of Wayzata.
According to city officials, the new owner is interested in redeveloping the parking lots on either side of the building.
The owner intends to convert the existing office building into condos.
The city states that there is not currently a development application.
The building was constructed in 1990.
A neighborhood listening session is scheduled for Thursday August 13 at 7 p.m.
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