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10-06-14 Council Packet
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10-06-14 Council Packet
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1/14/2015 12:28:55 PM
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10/1/2014 4:14:44 PM
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City Council
Council Document Type
Council Packet
Meeting Date
10/06/2014
Council Meeting Type
Work Session Regular
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<br /> <br />5 <br />Li <br />n <br />o <br /> <br />L <br />a <br />k <br />e <br />s <br /> | <br /> <br />6/ <br />1 <br />/ <br />2 <br />0 <br />1 <br />4 <br /> <br />Priority Four –Interstate 35E and County Road 14 Corridor <br /> <br />Summary <br /> <br />Development in this area will be predominantly market driven. The construction of the Park <br />and Ride in conjunction with the proposed housing development opens up commercial <br />opportunities. Industrial development in the area will occur more slowly due to inactive land <br />owner participation. Key to future development will be dependent on the build to suit market; <br />speculative development is unlikely to occur due to adjacent lower densities. <br /> <br />EDAC considered the commercial development more attainable in the nearer future than the <br />industrial market. Lino Lakes can create a marketing strategy to attract attention to the sites <br />development potential. <br />KEY Actions <br /> <br /> Evaluate the potential for commercial development on the site adjacent to proposed <br />housing development <br /> Meet with property owner(s) to establish an agreement for land value <br /> Solicit feedback from potential developers and engage in project planning <br /> <br /> Industrial activities <br /> Maintain inventories, contacts and pricing on industrial properties for inquiry <br />responses <br /> Generate marketing piece <br /> Continue responding to DEED and Greater MSP requests for information <br /> Developer email blast that provides updates on Lino Lakes projects <br /> <br /> <br />
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