The Public Policy Committee acknowledges those people who are representing NAIOP and the commercial real estate industry in various capacities. We appreciate and thank them for their time and energy.

June 1, 2012 at 2:49 pm

Do you have further interest in any of these topics? Or have suggestions or feedback on these topics?

Frank Dutke, President and CEO of United Properties, briefed Metropolitan Council members on May 2nd on commercial real estate development in the region.

The Met Council is in the process of working on the next generation of the Regional Development Framework and asked regional stakeholders to give their perspectives.
 
Frank gave a historical, current and projected overview of the commercial real industry, educating Council members  on how the business works and what’s important to its ease and success.  

To cite a few of his points:

  • Cost and regulations really matter-must be supported by market rents
  • Developers don’t create markets, they react to them
  • Scarcity of public resources demands more cost-effective and efficient government service delivery
  • Allocate resources to alternatives that are most likely to result in economic expansion
  • The interplay between risk and a reasonable rate of return
  • The impact of technology on job creation and the demand for space

Thanks to Rick Collins and Pat Mascia for helping Frank prepare his remarks.

More information on the Met Council’s Regional Development Framework

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Matt Van Slooten, President of Carlson Real Estate Company, represents business property taxpayers on the Property Tax Working Group.

The Property Tax Working Group was established by the Minnesota Legislature in 2010.  The specific goals of this working group are:

  • to simplify the property tax system and make it more understandable;
  • to shorten the two-year cycle from assessment through property tax collection; and
  • to determine the cost versus the benefits of the various property tax components and to suggest ways to achieve some of the goals in simpler and more cost-efficient ways.

The group must report its findings to the Legislature by February 1, 2013.

More information on the Property Tax Working Group

____________________

David Bade, Director of Land Development Services at RLK Inc., represents commercial real estate developers on the Minimal Impact Design Standards (MIDS) Work Group, the next generation of storm water management.

 

Historically, the goal of storm water management was to move water off the landscape quickly and reduce flooding concerns. Now the focus is on keeping the raindrop where it falls.

The development of MIDS is based on low impact development (LID) – an approach to storm water management that mimics a site’s natural hydrology as the landscape is developed. Using the LID approach, storm water is managed on site and the rate and volume of predevelopment storm water reaching receiving waters is unchanged.

The Minnesota Legislature allocated funds to “develop performance standards, design standards or other tools to enable and promote the implementation of low impact development and other storm water management techniques.”

Members of the MIDS workgroup will provide guidance and recommendations to the MPCA on the MIDS project.

More information on MIDS

Brandon Champeau, Development Manager at United Properties, represents commercial real estate developers on the MIDS Linear and Redevelopment Technical Team, which is a sub-group of the MIDS Work Group, formed in February 2012.

More information on the MIDS Linear and Redevelopment Technical Team

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Testifying at the Capitol:

Representing the Nexus Task Force and all property tax payers in support of NAIOP’s expenditure type reporting legislation:

  • Paul Reinke, Senior Director – Development at Haugland Company, provided the perspective of a commercial property owner as well as a city council member.
  • Mark Haveman, Executive Director of Minnesota Taxpayers Association, provided the perspective of good tax policy and transparency for all taxpayers.

Representing the business property taxpayer in support of the phase out of the State General Property Tax:

  • Mark Reiling, Senior Vice President, Principal, Cassidy Turley, provided the perspective of an owner/investor.
  • Doug Fulton, Executive Director, Brokerage Services, Cushman & Wakefield/NorthMarq, provided the perspective of a site selector/lease negotiator.
  • Pat Mascia, Senior Vice President-Minneapolis/St. Paul Operations, Duke Realty, provided an overview of the market both in Minnesota and nationally.
  • Adding the perspective of a business owner and business property taxpayer, were Kevin Bador, Executive Vice President, Japs Olson Company, in St. Louis Park and Steve Wise, President of Cass Screw Machine Products in Brooklyn Center.

Entry filed under: Featured Articles.

State view: Access to details would make local government budgets easier to trim Cocktail Confessions – Volume 5


For more information about NAIOP Minnesota, visit www.NAIOPMN.org.

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