The Minnesota Environmental Quality Board is requesting an environmental review for an upcoming housing and commercial development expected to begin in Blaine. Parkside North is the development coming to the area and it’s going to be around 135-acres in size, containing 600 housing units plus 120,000 square feet of commercial and office space.
What is the Environmental Review?
On August 7th, The Blaine City Council approved submitting an Environmental Assessment Worksheet to the Minnesota Environmental Quality Board. Due to the size of this project being developed by Paxmar, the environmental assessment was needed. Planning started with Paxmar last fall with city consultants. The assessment is necessary because they’ve already discovered this past spring a few endangered, rare plants.
Blaine has been undertaking a wetland restoration project at The Blaine Wetland Sanctuary. The Blaine Economic Development Authority, a group of seven city council members, brought up the idea to beginning the Parkside North development and wanted to sell wetland credits.
The Blaine Wetland Sanctuary is able to bank a wetland credit for every two acres of wetland that is restored and sell it to developers. Once they are done restoring the wetlands, they’ll have 55 acres worth of credit which currently two of the acres are going to the EDA.
Paxmar can purchase wetland credits since they are responsible for 4 acres of wetland restoration. The Parkside North development is only disturbing two acres of wetland, so Paxmar may restore two acres for this project and purchase two additional acres from the city at around $174,420. Fortunately for Paxmar, the city already owes them $1.4 million for purchasing the Lexington Athletic complex back in July 2012.
Plans are still being made for development layouts. This development is expected to be one of the last huge developments to come through Blaine.
Kris Lindahl Real Estate