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09/05/2013 EDAC Packet
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09/05/2013 EDAC Packet
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EDAC
EDAC Document Type
EDAC Packet
Meeting Date
09/05/2013
EDAC Meeting Type
Regular
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<br />2 <br /> <br /> <br /> <br /> <br /> <br />Light Industrial <br /> <br />The Apollo Business Park on Apollo Drive is a 100-acre light industrial development that <br />includes office/warehouse, manufacturing, and wholesale distribution facilities. The park <br />is full although the recessionary period of 2008-2009 have forced the closings of several <br />tenants within the park. <br /> <br />A light industrial business park called Clearwater Creek Development Center is located <br />on 35E. Most of the remaining vacant land within the park is owned by a private <br />developer. It holds good potential for future industrial business development. <br /> <br />The Marshan Industrial Park on Lake Drive began development in 2003. This park has <br />two remaining small acreage sites for new light industrial business. <br /> <br />The draft comprehensive plan space needs analysis projects an additional 47,000 sq. ft. <br />of industrial on the west side of the city and 127,000 sq. ft. on the east side of the city by <br />2020. <br /> <br />Commercial <br />In recent years the city has turned its focus to the development of commercial business <br />in the Town Center in Lino Lakes. Commercial development refers to any nonindustrial <br />development that is taxed at a C/I tax rate, i.e., professional offices, service businesses, <br />entertainment, and retail. Retail development refers to that which provides consumer <br />goods at retail prices. <br /> <br />The Town Center on 35W is the primary commercial area th at has been designated as <br />the future “downtown” Lino Lakes. Extensive planning since 1998 has provided the <br />momentum for development. To date, SuperTarget, Kohl’s, three 14,000 sq. ft. multi- <br />tenant buildings, three banks, two clinics, a convenience store/ga s station, the Lino <br />Lakes Civic Complex, McDonald’s. DQ, Discount Tire, affordable apartments, the <br />YMCA and two hotels have developed in the Town Center area. In addition, the 35W <br />interchange and bridge have been reconstructed. <br /> <br />Current economic conditions have stalled development, primarily within the high <br />density, mixed use portion of the project. Moving forward with the project as conditions <br />approve is a high EDAC priority. The draft comprehensive plan analysis for commercial <br />use indicates that from 2006-2010 there will be a total of 24,000 sq. ft. of retail demand <br />on the west side of the city. However, the city has already exceeded that amount of <br />retail development, and has considerable empty leasable space available. It can be <br />assumed that additional retail will be slow until population figures for that market area
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