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HomeMy WebLinkAbout4.1 Economic Development Update/Business Inquiry Business/ Inquiry To: Honorable Mayor Bailey and EDA Members From: Matt Wolf, Economic Development Specialist Date: September 5, 2019 Activites that have taken place in the community that may have a potential impact on economic development activity: Discussion Staff Action DARTS Bus Loop Economic Development Specialist Wolf and Management Sponsorship Meeting – July Assistant Chris Hetland met to discuss sponsors for the 10, 2019 DARTS Bus Route. Renewal by Andersen Renewal by Andersen held their groundbreaking for their Groundbreaking Ceremony – 350,000 square foot expansion in the Cottage Grove July 22, 2019 Business Park. Tourism Bureau Board Acting Community and Economic Development Director Meeting – July 22, 2019 Costello attended the Cottage Grove Tourism Bureau Board Meeting. At the meeting they discussed the setup the Bureau and potential marketing ideas. Southwest Washington Acting Community and Economic Development Director County Arterial Study Costello, Economic Development Specialist Wolf, and City Business Open House – July Engineer Ryan Burfiend attended the Southwest Washington 25, 2019 County Arterial Study Business Open House to address and answer businesses comments or concerns. Cottage Grove Bus Circulator The Cottage Grove Bus Circulator Advisory Committee met Advisory Committee – July to discuss marketing of the service, sponsorships, and a 25, 2019 timeline of implementation. GreaterMSP Business Economic Development Specialist Wolf attended the 2019 Investment Summit – August GreaterMSP Business Investment Summit. At the event 5, 2019 GreaterMSP discussed the MSP-STP market and how they deal with potential projects that are looking for sites in Minnesota. Skyline Displays Meeting – Mayor Bailey, Councilmember Dennis, City Administrator August 6, 2019 Levitt, Acting Community and Economic Development Director Costello and Economic Development Specialist Wolf met with Skyline Displays to discuss a new display for marketing Cottage Grove at events. Bocce & Beer Event Economic Development Specialist Wolf met with River Oaks Discussion – August 12, Manager Dennis Nietz and Cottage Grove Area Chamber 2019 Jennifer Wenshau to discuss 2020’s EDA Appreciation Event tentatively titled Bocce & Beer. EDA River Boat Cruise – The Cottage Grove Economic Development Authority held August 13, 2019 their annual EDA appreciation River Boat Cruise on the Mississippi River. Development Inquiry Update September 5, 2019 Page 2 East Metro Summit Event – Community and Economic Development Director Costello August 14, 2019 attended and presented at the East Metro Summit at the Golden Valley Country Club. The presentation was to highlight the latest developments in the City of Cottage Grove and that the City is positioned for growth. Harkness Multi-Family Acting Community and Economic Development Director Project Meeting – August 15, Costello, Senior Planner Emily Schmitz, and Economic 2019 Development Specialist Matt Wolf held a preliminary meeting on a proposed multi-family development in the Harkness Area. A City Council Workshop will be held on the project at the Wednesday, September 18 City Council meeting. nd 2019 2 Trimester Acting Community and Economic Development Director Minnesota Marketing Costello and Economic Development Specialist Wolf Partnership Meeting – August attended the Minnesota Marketing Partnership Meeting. 15, 2019 Meeting included a DEED update from Commissioner Grove and DEED’s marketing efforts. Pizza Ranch Preliminary Site Economic Development Specialist Wolf and Senior Planner Discussion, August 20, 2019 Schmitz held a preliminary meeting to discuss the future Pizza Ranch site plan on Hardwood Avenue. Pizza Ranch has submitted their planning application for the September 23 meeting. Cottage Grove Bus Circulator The Cottage Grove Bus Circulator Advisory Committee met Advisory Committee – August to discuss the proposed final route, marketing plan, and a 22, 2019 official start date. The route is set to start on Wednesday, October 15. Drone Videos Meeting – City of Cottage Grove staff met with SWCTC to discuss August 23, 2019 doing a drone video to market the Cottage Grove Business Park and Shoppes at Cottage View. Tourism Bureau Board Acting Community and Economic Development Director Meeting – August 26, 2019 Costello attended the second Cottage Grove Tourism Bureau Board Meeting. At the meeting the marketing plan was discussed. Norris Square Senior Center Economic Development Specialist Wolf and Management Members Meeting – Assistant Hetland attended the Norris Square Senior Center September 5, 2019 Members meeting to ask for volunteers to appear in a video marketing the Cottage Grove Bus Circulator. City of Cottage Grove & City Administrator Levitt, Acting Community and Economic Kraus Anderson Meeting – Development Director Costello, City Engineer Ryan Burfiend September 6, 2019 and Economic Development Specialist Wolf met with Kraus Anderson to discuss current and future development projects in the community. Summary of Economic Activity - Employment and Wages Prices - - - I-1 - Consumer Spending -- - Manufacturing -- - - Construction and Real Estate Agriculture, Energy, and Natural Resources - - - - - - - - I-2