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06/01/2009 Council Packet
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06/01/2009 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
06/01/2009
Council Meeting Type
Work Session Regular
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• <br />• <br />• <br />APOLLO BUSINESS PARK <br />ACCOMPLISHED: <br />• All parcels sold in business park, park to full buildout <br />• Multi - tenant rental properties developed as incubator space <br />• Last TIF District will be decertified at the end of 2009 <br />• More than 1,000 jobs <br />• More than 400,000 sq. ft. manufacturing /distribution <br />PURPOSE: Continue marketing the Apollo Business Park to high quality <br />companies to support full occupancy of existing buildings. <br />TIME FRAME: <br />STRATEGY: <br />1. Work with landowners, landlords and prospective users to market vacant <br />properties and leasable space in the business park. <br />2. Strategize methods for creating opportunities based on current market <br />trends. <br />3. Develop a list of companies with a potential to move or expand. <br />4. Target which employers to contact in 2009. <br />5. Develop a retention strategy for existing /expanding businesses in the park. <br />PROJECTED RESULTS: <br />Full occupancy of Apollo Business Park, realizing the optimal tax <br />base and job creation. <br />MARSHAN INDUSTRIAL PARK <br />APOLLO LANDING <br />ACCOMPLISHED: <br />• Two businesses sold in business park, two sites remaining <br />• TIF District formed in 2003. <br />PURPOSE: Full occupancy of Marshan Industrial Park <br />TIME FRAME: Ongoing <br />STRATEGY: <br />1. Continue working with Rehbein Cos. to market vacant properties <br />2. Strategize methods for creating opportunities based on current market <br />trends. <br />PROJECTED RESULTS:Full occupancy of Marshan Industrial Park, realizing the optimal <br />tax base and job creation. <br />7 <br />
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