Oakdale advances 94 Exchange development: comp plan amendment and site approvals move forward

The council voted to adopt a trio of land-use decisions for the 94 Exchange site, a roughly 36-acre property in the northwest quadrant of I‑94 and 694. City Planning Manager Luke McClanahan described the proposal from Capital Partners: a comprehensive plan amendment to re-guide a portion of the site to industrial-office, a preliminary plat to replat four parcels (lot 1 ~13 acres) and a site plan for two light-industrial buildings and two future development areas along the interstate.

McClanahan said the site contains wetlands, some floodplain and significant grade changes; impacts to small portions of wetland and mitigation were proposed. The developer must satisfy park dedication, tree replacement (80 trees proposed where 60 required), utility connection fees (sanitary sewer stub available), and pay for required traffic-signal and pedestrian improvements. McClanahan noted reviews from MnDOT and the DNR remain pending. The council adopted Resolution 2026-46 (comp plan amendment), 2026-47 (preliminary plat) and 2026-48 (site plan) subject to the conditions summarized by staff.

Staff emphasized a set of 12 conditions for the plat (development agreement execution, easement updates, construction plan approvals, financial obligations for traffic/pedestrian improvements, tree replacement fees, sewer connection fee, and permits from outside agencies). For the site plan staff highlighted photometric plans, exterior materials meeting code standards, rooftop and ground equipment screening, and other usual site controls. Councilors approved the measures by voice vote, advancing the project while leaving several external agency reviews outstanding.