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Permits Issued by the City <br />New Single New Total Value* <br />Family Residential Commercial/Industrial (All Permits) <br />Year Number Value Number Value <br />2015 (to 5-28) 4 $ 1,190,548 1 $ 2,349,000 $ 4,067,616 <br />2014 33 9,046,060 2 1,111,000 13,812,706 <br />2013 30 7,666,210 5 4,505,422 18,337,053 <br />2012 26 6,366,995 0 0 10,751,626 <br />2011 34 8,511,974 0 0 11,192,264 <br />2010 31 7,461,225 0 0 11,295,493 <br />2009 28 6,000,984 0 0 9,586,160 <br />2008 29 6,514,509 2 1,506,213 15,852,780 <br />2007 92 17,421,761 3 9,467,625 30,539,559 <br />2006 91 15,910,108 6 21,156,200 42,078,007 <br />In addition to building permits, the total value includes all other permits issued by the City (ie. heating, lighting, <br />plumbing, roof replacement, etc.). <br />Source: City of Lino Lakes. <br />Recent Development <br />Economic Development <br />The economic development effort established in 1993 by the City Council has begun to have an impact in <br />the diversity of the City's tax base. Since 2001, three industrial parks have been established, and the <br />Apollo Business Park on I -35W has been occupied. Marshan Industrial Park on Lake Drive and <br />Clearwater Creek Development Center on Interstate 35E have also brought new industrial users to the <br />City. Lino Lakes Marketplace, located at Lake Drive and Apollo Drive in the Town Center area, has <br />continued to develop. The commercial retail center includes Target; Kohl's Department Store; <br />Dairy Queen Grill 'n Chill; Discount Tire; a branch of Wells Fargo Bank, National Association; and <br />SMW Credit Union. Three retail buildings of approximately 6,000 square feet each have been added to <br />the area. <br />The City initiated an Alternative Urban Areawide Review (AUAR) in 2005 of more than 4,000 acres in <br />the northeast quadrant of the City, including the property in the I -35E corridor, to assess the impact of <br />future development scenarios in this area. The AUAR provides clear direction for future development <br />regarding environmental and transportation improvements that will be needed, relieving development <br />interests of project -by -project environmental assessments. The City and Anoka County, with financial <br />assistance from the American Recovery and Reinvestment Act, reconstructed the I-35E/County Road 14 <br />interchange in 2010-2011. Recent project approvals include an 8,000 square -foot convenience store, a <br />13,000 square -foot liquor store, and a new McDonald's restaurant located along the I -35E corridor. <br />The City entered into an agreement with a master developer in 2004 to complete development of 40 acres <br />in the southeast quadrant of I-35W/Lake Drive known as "Legacy at Woods Edge". The mixed-use <br />development is intended to include diverse opportunities for housing, retail and office uses. To -date, the <br />development includes the Lino Lakes Civic Complex, which houses the City hall and police station; the <br />Chain of Lakes YMCA; a 60 -unit workforce housing project; 13,000 square feet of leasable commercial <br />space; and a facility initially developed as a hotel and later converted into an assisted living facility. The <br />deep economic recession has stalled housing and commercial plans in the development and forced the <br />remaining 22 acres into tax forfeiture. <br />- 17 - <br />