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HomeMy WebLinkAbout4.1 Economic Development Update/Business Inquiry Business/ Inquiry To: Honorable Mayor Bailey and EDA Members From: Christine Costello, Acting Community and Economic Development Director and Matt Wolf, Economic Development Specialist Date: February 6, 2019 Activites that have taken place in the community that may have a potential impact on economic development activity: Discussion Staff Action Sushi Café Ribbon Cutting The City of Cottage Grove hosted a ribbon cutting for the January 12, 2019 newly remodeled and opened Sushi Café at 7750 Harkness Ave. S. #112. Meeting with Chamber to Economic Development Specialist Wolf met with Jennifer discuss Lodging Tax January Wenshau the Executive Director of the Cottage Grove Area 18, 2019 Chamber to discuss the proposed timeline for implementing the Lodging Tax within Cottage Grove and establishing the Cottage Grove Area Visitors and Tourism Bureau. Meeting with VSM Acting Community and Economic Development Director Commercial January 22, Costello and Economic Development Specialist Wolf met 2019 with VSM Commercial. VSM Commercial is an investment firm looking into purchasing the Shamrock Liquors/Von Hanson’s building (9030 Inwood Ave. S.) and the current Subway/old Selvig Jewelry building (8455 East Point Douglas Rd. S.). The purpose of the meeting was to discuss the City of Cottage Grove zoning ordinance and what uses would be permitted in the buildings. Massage License Ordinance Acting Community and Economic Development Director Meeting with Area Costello, City Administrator Levitt, Deputy City Clerk Businesses January 24, 2019 Belscamper, and Economic Development Specialist Wolf met with local area massage businesses to discuss the recently established massage ordinance and how the ordinance was affecting their businesses. Planet Fitness Ribbon The City of Cottage Grove hosted a ribbon cutting for Planet Cutting January 29, 2019 Fitness at 7210 East Point Douglas Road. SWCTC Meeting February 5, Acting Community and Economic Development Director 2019 Costello, Communications Manager Scott Seroka and Economic Development Specialist Wolf met with SWCTC to discuss developing a marketing video for the City of Cottage Grove that could be used to promote the community at events and to developers. Washington County CDA Economic Development Specialist Wolf attended the Economic Development Washington County CDA Economic Development meeting to Meeting February 6, 2019 discuss the upcoming new website the CDA is developing to Development Inquiry Update February 8, 2019 Page 2 highlight Washington County communities for business growth, expansion and retention. Ehlers Conference February Acting Community and Economic Development Director 7-8, 2019 Costello and Economic Development Specialist Wolf attended the winter Ehlers Seminar. The seminar covers a range of topics from tax increment financing, economic outlook for Minnesota, current state of the industrial market, and more. DARTS Meeting – Bus LOOP Economic Development Specialist Wolf met with DARTS to Planning February 11, 2019 discuss the needs assessment survey and advisory committee for the proposed bus circulator loop in Cottage Grove. TO: Economic Development Authority FROM: Christine Costello, Acting Community & Economic Development Director DATE: February 8, 2019 RE: Development Update Building Permits Building Permit Statistics Between January 1 and January 31, 2019, there were 218 building permits issued with a total valua- tion of $6,530,753, including 16 new single-family homes valued at $4,520,338. In 2018, there were 383 commercial permits issued with a total valuation of $52,811,194. In addition, total of 3,414 permits were issued with a valuation of $116,931,536, which included 160 single-family homes valued at $46,082,402; 24 townhome units valued at $4,151,599; and 1 manufactured home (185 housing units with a total valuation of $50,234,001. Commercial/Industrial Construction Activity 120000000 100000000 80000000 60000000 40000000 20000000 0 19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019 yearvaluation Economic Development Authority Development Update February 8, 2019 Page 2 of 11 Residential Permits -New construction 1996 to 2019 350 300 250 200 150 100 50 0 1995200020052010201520202025 Current Project Updates HERO Center Footing installations progressed throughout December. During the month, interior masonry wall construction also began. Precast wall panel installations are scheduled to begin in February with structural steel installation to follow panel erection. Construction of the HERO Center will continue through the winter as weather conditions allow. January 21 Aerial Image of Project HERO Site Economic Development Authority Development Update February 8, 2019 Page 3 of 11 Muddy Cow: The stonework has been completed for the new beer cooler addition to the rear of the building; the roof will be installed soon. Contractors are continuing with the interior finish work. Triple Angels: Exterior items for the building unit are complete. Landscaping and lot items will be addressed in the spring. Interior paint is on the walls; the ceiling has been installed; doors, trim, and flooring will be done over the coming weeks. Economic Development Authority Development Update February 8, 2019 Page 4 of 11 Park Place Storage: Hinton Avenue & 70th Street Roundabout During the month of January, Washington County completed the project plans for the Hinton & 70th roundabout and put the project out to bid. These improvements will enhance safety and mobility through the intersection. The roundabout will be built for two lanes of traffic to accommodate a poten- tial widening of 70th Street to four lanes in the future. In the near term, the roundabout will be striped to function as a single-lane facility. The bid for this project will be brought to the City Council for con- currence on February 20, prior to the Washington County Board awarding the bid. This project is scheduled to begin late spring of 2019 and is anticipated to be complete by late fall 2019. Jamaica Avenue & 95th Street Signal In 2019 the City plans to install a traffic signal at 95th Street and Jamaica Avenue to improve the operations of the intersection. With recent construction in the busi- ness park, this intersection now meets the warrants for the signal. This signal will also accommodate addi- tional growth in the future. To accommodate the required geometry for a traffic signal installation, the intersection will be reconstructed to improve site-lines, alignment, and operations. While the concept for the project included a concrete intersection, staff is also reviewing the option of heavy-duty bituminous pave- ment as well. This pavement is designed to handle higher truck traffic and may provide a more cost-effec- tive and easily constructible project. This project is anticipated to begin in the summer of 2019 and be complete by late fall of 2019. Economic Development Authority Development Update February 8, 2019 Page 5 of 11 Hamlet Park Improvements As shown in the CIP, the City plans to begin the first part of a four-phase expansion of Hamlet Park in 2019. The first phase will include grading and utility work to extend the storm sewer, sanitary sewer, and watermain required to facilitate future phases. The second phase includes ballfield construction and sod establishment and will occur in 2020. The third phase, which will occur in 2021, will include construction of the new parking lots, trails, sidewalks, and landscaping. The fourth and final phase will include the construction of a new park pavilion and concession stand in 2022. Below is the concept plan of the project. West Central Ravine Sanitary Sewer Lining The City plans to conduct a slip-lining project to repair damages caused by corrosive sewer gases in a section of concrete sanitary sewer pipe that extends from 80th Street to Hillside Trail along the West Central Ravine Park trail corridor. The location of this pipe is highlighted in red on the map below. This project is earmarked in the CIP for 2019 and will extend the life of this trunk sanitary sewer pipe and prevent a costly replacement. This project will be very similar to the slip lining project that was com- pleted in 2016 on the Hamlet trunk sanitary sewer pipe that runs from Hamlet Avenue to 95th Street. Economic Development Authority Development Update February 8, 2019 Page 6 of 11 Planning Division Planning Commission Meeting The Planning Commission met on January 28, 2019, and held public hearings on the following appli- cations: Capp Industries Concept Plan: Capp Industries, Incorporated applied for a concept plan review for a warehouse development on 25.3 acres of vacant land located between 7858 and 8585 West Point Douglas Road South. The applicant proposed develop- ment of three office/warehouse buildings that would be approximately 120,000 square feet each. The Planning Commission held the public hearing and reviewed the application. There was no public testimony for or against this application. The Planning Commission unanimously (9-to-0 vote) recommend approval of the site plan. This application will on the on the February 20, 2019, City Council meeting agenda. Aggregate Industries Mining Permit: Aggregate Industries North Central Region, Inc., applied for their 2019 mining permit to continue mining operations at 11250 Grey Cloud Trail South on Lower Grey Cloud Island. The Planning Commission reviewed the application at their meeting on January 28. There was no public testimony for or against the application. The Planning Commission unani- mously (9-to-0 vote) recommended approval of the mining permit. This application was on the on the February 6, 2019, City Council agenda. Economic Development Authority Development Update February 8, 2019 Page 7 of 11 Young Addition: US Home Corporation, dba Lennar, applied for a zoning amendment to change zon- ing of property located at 7930 65th Street South from R-2.5, Residential, to R-3, Single-Family Residential with a Planned Development Overlay (PDO), and a preliminary plat for a residential sub- division consisting of 10 residential lots for single-family homes. The Planning Commission held the public hearing and reviewed the application at their meeting on January 28. There was no public testimony for or against the application. The Planning Commission unanimously (9-to-0 vote) recom- mend approval of the mining permit. This application will on the on the February 20, 2019 City Council meeting agenda. February 25 Planning Commission Meeting The agenda for the February 25 Planning Commission meeting includes: Lake Flora Addition Preliminary Plat (PP2019-010): The City of Cottage Grove has applied for a preliminary plat for a subdivision to be called Lake Flora Addition, which will be located on 24.588 acres of land north of 100th Street and east of Jamaica Avenue. This plat will create two commer- cial/industrial lots and two outlots. Airgas (SP2019-007, CUP2019-008, and V2019-009): Airgas, an Air Liquide Company, has applied for a site plan review and conditional use permit for the development of an industrial processing facility, which will be approximately 17,000 square feet, and related processing equipment, parking, and utilities on an 8.5-acre parcel of land located on the northeast quadrant of Jamaica Avenue exterior building materials. Economic Development Authority Development Update February 8, 2019 Page 8 of 11 Economic Development Airgas USA In 2017, the City of Cottage Grove worked to get over 50 acres of land certified through the new Xcel Energy Shovel Ready Certification Program. The program was an effort by Xcel to compile a list of available sites in their service area that would be build-ready for potential industrial businesses. As a result, Airgas USA, in August 2018, contacted Xcel Energy for potential sites to expand their opera- tions in the Midwest market. Specifically, Airgas USA was looking to build an Air Separation Plant to produce liquid oxygen, nitrogen, and argon that are used in many industrial and medical facilities. Due to the nature of their business Airgas required Heavy Industrial zoned land for their expansion. The City of Cottage Grove proposed a site just to the west of the intersection of Jamaica Avenue and 100th Street. The plant would be on a site that is roughly 8.5 acres Airgas USA submitted a Letter of Intent to work ex- clusively with the City of Cottage Grove EDA on developing a purchase agreement, which was ap- proved at the January 8, 2019 EDA meeting. Due to the nature of their business, they will also be re- quired to apply for a conditional use permit and a variance for exterior building materials. These ap- plications are on the February 25, 2019, Planning Commission agenda. A workshop on the project will be held with the City Council at their February 6meeting. The purpose of the workshop will be for Airgas USA to discuss their preliminary site layout and the operations of the site and to answer questions regarding their prospective project. The project will then move to the EDA on February 12 for discussion of the Pur- chase Agreement, Development Agreement, and State assistance through the Minnesota Investment Fund and Job Creation Fund. Hotel Site This past December staff attended the Minnesota Marketing Partnership meeting and were able to make a connection with a representative from Stahl Construction. Stahl Construction was formed in 1981 and specializes in hospitality development projects. They are based out of Urbandale, Iowa, but most of their projects are in the Twin Cities region. Their projects include a wide variety of brands such as Hyatt, Marriott, Hampton, and Holiday Inn. They recently have branched out to not only do con- struction but also development. Stahl Construction is interested in further vetting the City of Cottage Grove controlled site along Hard- wood Avenue in more detail to determine potential partners and construction type that would work on the site. A Letter of Intent between Stahl Construction and the City of Cottage Grove will be on the Economic Development Authority Development Update February 8, 2019 Page 9 of 11 February 12 EDA meeting agenda. The LOI lasts for a period of 90 days, during which time Stahl Construction will look at the feasibility of the site, including market study, analysis of pro formas and risk factors, and presentation to potential investors and funders. A sample of their hospitality projects can be found at: http://www.stahlconstruction.com/projects/industry/hospitality/ Muddy Cow Muddy Cow has applied for their liquor license. The application is currently under review by Public Safety, and if there are no issues, the license is scheduled to be on the February 20 City Council Las Margaritas/Perkins Las Margaritas has completed the purchase of the old Perkins building along East Point Douglas Road for $900,000. Their current lease at Shoppes at Gateway North goes through 2019. Staff has space until their current lease runs out. During this time, they plan undertake interior remodeling of the building. Staff will be reaching out to Las Margaritas to discuss the Façade Improvement Program for potential exterior renovations. Lodging Tax The Economic Development Authority, at their January 8 meeting, held a workshop with the Cottage Grove Area Chamber of Commerce to discuss the potential administration of lodging tax funds through -profit organization that would be run by staff provided by the Chamber. At the workshop, the Chamber presented a sample annual operating budget along with discussion of how it would work to form the separate non-profit the Chamber (Cottage Grove, St. Paul Park, and Newport). Bus Circulator A workshop was held at the January 8 EDA Meeting to discuss the potential for a once-a-week bus circulator through a company called DARTS. DARTS is a nonprofit organization that offers a service called Bus LOOP Transportation. LOOP is a bus circulator transportation service offering scheduled stops that are targeted towards senior citizens so they can access the community for retail, restau- rants, health services, and other activities. The buses are wheelchair and scooter accessible, and the costs usually range between $2-$5 to have unlimited rides on the bus for the day. The service is called five times. The service costs $25,000 a year for a once-a-week route in the city. This cost is split between com- munity partners and sponsors that help pay the costs to offer the service in the community. These community partners also form an advisory committee that helps plan the route and advise on how the service can be improved. The EDA was receptive to the idea of the bus circulator, and staff will begin working on the next steps of forming an Advisory Committee and carrying out a Needs Assessment Survey with DARTS. Shoppes at Cottage View The City of Cottage Grove has been in contact with Landform to discuss creating a development plan for the Shoppes at Cottage View. The goal is to develop a mixed-use development plan that reflects current market conditions for this site. The plan could then be used to help market and promote the Economic Development Authority Development Update February 8, 2019 Page 10 of 11 site to brokers and developers at conferences (i.e.; MNCAR, ICSC, etc.). The plan would be carried out in three phases: Schematic Study and Design, Development Plan, and Presentation Materials. The City of Cottage Grove is currently in discussion with Landform to determine the exact boundaries of the site to be part of the plan and the overall cost. A meeting is also being setup with Landform to discuss including in the plan a site for the potential Community Center. To help fund the plan, the City of Cottage Grove will be applying for a predevelopment finance fund grant through the Washington County CDA. The grant would pay for up to 50 percent of the total cost for the Master Plan. A resolution of support will be brought before the EDA at the February 12 meeting. Annual Business Breakfast The Annual Business Breakfast held at 3M each year is scheduled for Tuesday, March 26, from 7:00 -winning broadcaster, author, and community leader. Joe will be speaking on making an influence through purpose, persis- tence, and passion. Ribbon Cuttings Orange Theory Fitness: Trace and Courtney Martin, the owners of Orange Theory Fitness, held their grand opening on Monday, December 31. Orange Theory Fitness offers heart-rate based, science- based classes focused on interval training. They will be open 364 days a year and have 15 employees. Sushi Café: The ribbon cutting/grand opening was held on Saturday, January 12 at 11:00 a.m. The newly renovated space is owned and operated by the same ownership group that operates Osaka in Woodbury. Economic Development Authority Development Update February 8, 2019 Page 11 of 11 Planet Fitness: Planet Fitness hosted their ribbon cutting ceremony on Tuesday, January 29, at noon. The Cottage Grove Planet Fitness is owned and operated by PF Baseline Fitness, a franchisee of Planet Fitness based in Fargo, ND that currently owns over 22 clubs in the Midwest and California. &¤£¤± « 2¤²¤±µ¤ " ­ª ®¥ -¨­­¤ ¯®«¨² 4§¤ "¤¨¦¤ "®®ª * ­´ ±¸ ͻ͹ͺ΂ Summary of Economic Activity Employment and Wages Prices I-1 &¤£¤± « 2¤²¤±µ¤ " ­ª ®¥ -¨­­¤ ¯®«¨² Consumer Spending Manufacturing Agriculture, Energy, and Natural Resources Construction and Real Estate I-2