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HomeMy WebLinkAbout2015-10-11 PACKET 04.01.A. TO: Economic Development Authority FROM: Jennifer Levitt, Community Development Director/City Engineer DATE: November 4, 2015 RE: Development Update Construction activity occurring within the City of Cottage Grove has added a total commercial valuation of $50,175,123 YTD. Year to date, the Building Division has issued 59 new home permits, with a total valuation of $19,003,672. Economic Development Authority Development Update November 4, 2015 Page 2 of 6 Project Specific Updates American Agco The American Agco project is nearly finished, with the exterior grading and exterior hard surfacing being completed. The interior concrete floor is being set. The roof and underground plumbing is being completed. The HVAC permit has been issued with a project valuation of $110,000. Economic Development Authority Development Update November 4, 2015 Page 3 of 6 Werner Electric The final site restoration is underway for the Werner Electric project. Up North Plastics The Up North Plastics project is almost complete. The roofing is being done and the interior slab pour is being set up. The plumbing permit is being issued with a construction valuation of $77,500. Renewal by Andersen The Renewal by Andersen office has completed roof, windows, and doors, and the exterior is weather proof or dried in. On the warehouse portion of the project, they are continuing to work on the roof, underground plumbing, and slab work. Economic Development Authority Development Update November 4, 2015 Page 4 of 6 Cottage Grove Self Storage All underground plumbing and foundation work for the Cottage Grove Self Storage project has been completed. They are currently ready to pour the floor in the semi-heated north building. Interior demolition within the existing building, roofing, and exterior paint is being completed. The plumbing permit has been issued with a construction valuation of $8,000. Church of St. Rita The Church of St. Rita project is continuing with exterior wall and roof construction. The building is currently not fully enclosed. The mechanical permit with a construction value of $79,500 has been issued. Starbucks Starbucks applied for an interior remodel permit with a construction value of $144,000. Economic Development Authority Development Update November 4, 2015 Page 5 of 6 Hastings Creamery The City submitted a proposal to Hastings Creamery on October 30. Below is the proposed layout. Dominium Tour On October 20, representatives from the City Council, Economic Development Authority, and developments Legends at Silver Lake Village in St. Anthony and Cavanaugh Senior in Crystal. Economic Development Authority Development Update November 4, 2015 Page 6 of 6 Hotel RFP On October 28, the City of Cottage Grove and Economic Development Authority sent out a Request for Proposals for development of a 75 to 80 guest room multi-story hotel on a 1.67-acre vacant commercial property owned by the City, located at 7855 Harkness Avenue South. The Request for Proposal for Development and Operation of a Hotel can be accessed at: http://www.cottage- grove.org/docs/cg-hotel-rfp-2015.pdf. The deadline for submittal of proposals is November 27, 2015. Business Park Aerial Photography Aerial photographs of the Business Park have been completed and marketing material is being developed. Photos of the overall area of the Business Park are attached. In addition to aerial photos of the whole Business Park, the City has site specific photos of the various businesses.