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HomeMy WebLinkAbout4.1a Business Inquiry 4-8-22 Business/Development Inquiry To: Honorable Mayor Bailey and EDA Members From: Gretchen Larson, Economic Development Director Jaime Mann, Assistant to the City Administrator Date: April 8, 2022 Activites that have taken place in the community that may have a potential impact on economic development activity: Discussion Staff Action Meeting, March 16 Director Larson met with the owners of Salons by JC and provided them a list of community agencies that assist with marketing and workforce issues. We also provided stats and other information on the city and surrounding area. Meeting, March 18 Director Larson and Assistant Mann met with Laurie Levine, Executive Director of the Chamber, to discuss economic development activity in the City. Meeting, March 18 Director Larson met at the 2.6-acre City owned site on W. Point Douglas Drive to discuss development options. There is a business interested in purchasing the property. Staff followed up with the broker representing the business to request that they provide a site plan for review before additional meetings will be considered. The property has development challenges given the City utilities located on the property. Meeting, March 25 Director Larson attended a virtual meeting with Morgan Hill of Greater MSP and a business looking at sites in the City industrial park. The business is seeking to purchase approximately 14 acres to build a manufacturing facility. A locational decision is expected in late summer. Meeting, March 29 City Administrator Levitt and Assistant Mann attended a sales meeting with Coldwell Banker’s Woodbury office. City Administrator Levitt presented an update on things happening in Cottage Grove to a group of realtors for their sales meeting. The presentation included information on the industrial, commercial/retail, and residential growth that is happening in Cottage Grove. Business Event, March 30 The first Business Over Breakfast event took place on Wednesday, March 30 at River Oaks Golf Course. The event not only allowed the City to reconnect with the businesses in the business park but to also provided the businesses an opportunity to update each other on their various projects. The Mayor, Councilmember Dennis, City Administrator Levitt and Director Burfeind provided an update on the County Road 19A and 100th Street improvements and discussed the construction of a bridge over the railroad to create a grade- separated crossing. Director Larson provided businesses draft letters of support for their consideration. A reminder to return the letters was sent on April 8. The grant application is due April 14. Closing, March 30 The closing was completed on the land sale to Renewal by Andersen. They are well in to the planning and approval process for their 350,000 square foot addition. Meeting, April 1 City Administrator Levitt, Director Larson, and Assistant Mann participated in a meeting with Wash. Co. CDA to discuss a rescheduling of the May 12 East Metro Development Summit. Upon conclusion of the discussions, it was decided that doing the events on a bi-annual basis made the most sense. Meeting April 6 Staff met with Trellis who is proposing to build a senior affordable housing project at 7601 76th Street. City Administrator Levitt provided a letter of support to Trellis for the Washington County CDA GROW Program grant request they are submitting. Trellis will present their project at the Council workshop on April 20. Meeting, April 6 Assistant Mann met with the Cottage Grove Area Chamber of Commerce, Community Showcase committee and attended the planning meeting. Training, April 6 Director Larson, Assistant Mann, and Administrative Specialist Bengtson attend the Chamber Showcase Training at River Oaks Golf Course