HomeMy WebLinkAbout2016-04-12 PACKET 04.01.B.MJCottage
Grove
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Honorable Mayor Baii. y u1 1u MVI I1IJ lI
From: Christine Costello, Economic Development Director
Date: April 8, 2016
Activites that have taken place in the community that may have a potential impact on economic
development activity:
Discussion
Staff Action
Meeting on 3/4/16 with
Discussed what information would be needed to form a
Councilmember Thiede
public/private partnership. Mr. O'Brien is willing to explore and
and Joe O'Brien regarding
develop a partnership that might work for the BEC. Staff is
a public/private partnership
exploring options that work in other communities.
for the BEC.
A fast-food restaurant
Sent an email listing of available tenant locations. They are
interested in locating in
looking to lease, not own, and would like to be an end cap.
Cottage Grove.
Sent available end cap spaces available and all other options
for lease that are guided for fast-food restaurants in the
community.
Interest from a developer
Sent an email listing of available sites, including sites for sale
in opening a sit-down
as an alternative option. They are interested in the 80th Street
restaurant.
Crossing; provided details on the retail center remodeling and
reconfiguration and what tenant locations may become
available at the site.
Broker with a client looking
Broker's client is looking for an industrial site with rail access.
to relocate from
Sent broker a listing of parcels available in the business park
Minneapolis.
with rail access. Broker will contact when ready to meet with
staff to discuss potential relocation.
Meeting with a broker
Broker's client has expressed interest in an 18-20 acre
regarding location of a
development in the business park roughly south of the
trucking company in the
Gardenworld site, with access off of Hemingway Avenue. Client
business park
has not made a decision to date to locate in Cottage Grove.
Meeting with Housing
Discussed potential redevelopment of the area including the
Developer
Washington County Library, BEC, and additional parcels in
Gateway North area. Idea will be vetted through a design
charrette with the developer.
Meeting with Regional
Discussed hotel parcel and likelihood of development to occur
Director of Hotel Company
at the site. Finding development has a timeframe for
development and that development mostly likely will not occur
without some form of financial incentive. Staff is exploring
financial incentive options discussed at meeting. Will present
results to EDA in June.
Development Inquiry Update
April 8, 2016
Page 2
Meeting Request
Set up a meeting with the land representative for the Cottage
View District area.
Meeting 3/31/16
Had a meeting with the land owner at 7500 79th Street South
and City Administrator Stevens.
Business Showcase
Showcase development that has and will take place in the
April 16, 10 am to 2 pm
community.
Business Lunch and Learn
The lunch and learn will discuss bus rapid transit and impact
April 22, 2016
and benefits on local businesses. Mailing was sent to
businesses in the community (flyer is attached).
Site Visit April 5
Visited Renewal by Andersen to meet company president and
staff as well as learn about company operations.
80th Street Crossing
Working with two tenants that are looking to relocate in the
community.
Small Business Interest
Working with a resident interested in starting own business in
the community.
Aldi Ribbon Cutting
April 28 — Aldi is planning the event.
Rivertown Bakery Ribbon
Planning for end of April, waiting for business owner
Cutting
confirmation.
Justin Fox, Remax
Planning for May 10. Date is not confirmed
Professionals Ribbon
Cutting
Renewal by Andersen
June 30 event planned for the expansion.
Ribbon Cutting
Community Profile
Updating profile with the help of the U.S. Census Bureau and
GreaterMSP. Has not been updated since 2014.
Property Listings
Updating listings of for lease and for sale properties in the
community that are used for potential businesses.
Realtor Forum
Event slated for early fall; forum will focus on housing market.