Premium Stop Redevelopment Area
The Premium Stop Redevelopment Area is a redevelopment opportunity that originally included twelve parcels. Only five parcels remain totaling 5.78 acres. The two end lots are vacant and owned by the same investor. The three single-family lots are currently individually owned and all three homes are occupied. About 20,900 cars travel Mounds View Boulevard each day (Source: MnDOT, 2011).
A planning study including a market overview and a redevelopment concept was completed for the area in December of 2006, which included the twelve parcels (12.3 acres).