HomeMy WebLinkAbout03/06/2025 EDAC Combined Packet
ECONOMIC DEVELOPMENT ADVISORY
COMMITTEE AGENDA
Thursday, March 6, 2025
COMMITTEE MEETING, 8:00 A.M.
Community Room
1. Call to Order and Roll Call
2. Approval of Minutes: February 6, 2025
3. Discussion Items
A. Town Center Commercial Broker Panel Discussion
4. Adjournment
ADJOURNMENT
DRAFT MINUTES
CITY OF LINO LAKES
ECONOMIC DEVELOPMENT
ADVISORY COMMITTEE
MINUTES
DATE:
February 6, 2025
TIME STARTED: 8:00 a.m.
TIME ENDED: 9:26 a.m.
MEMBERS PRESENT: Blakely LaCroix, Patrick Kohler, Randy Rennaker,
Sam Bennett, Andrew Cravero
MEMBERS ABSENT: Suzy Guthmueller, Chris Spenner, Nathan Vojtech,
Chad Wagner
STAFF PRESENT: Michael Grochala, Julie Whitney
1. CALL TO ORDER
Mr. Grochala called the Economic Development Advisory Committee meeting to order at
8:00 a.m. on February 6, 2025.
2. ELECTION OF CHAIR & VICE CHAIR
Nathan Vojtech was nominated as Chair and Patrick Kohler was nominated as Vice Chair.
Mr. Cravero made a motion to accept the nominations. The motion was supported by Mr.
LaCroix. Motion carried 5 – 0.
3. APPROVAL OF MINUTES
Mr. Cravero made a motion to approve the January 9, 2025 meeting minutes. Motion was
supported by Mr. Kohler. Motion carried 5 - 0.
4. DISCUSSION ITEMS
A. Town Center Commercial Development
Mr. Grochala presented an overview of land availability within the “Town Center” area,
noting that over 60 acres remained for future development. 9 acres are owned by the
City.
The EDAC discussed the site location, walkability, and amenities to draw people into the
area. Event planning opportunities and impediments where discussed. Mr. Grochala
noted that the “Community Green” located in the center of the development has been
Economic Development Advisory Committee
February 6, 2025
Page 2
DRAFT MINUTES
underutilized. This area includes a fountain, along with a pergola/stage area, and was set
up to host music events and farmers markets. The prevailing opinion was that events in
and of themselves would not generate commercial market demand.
Mr. Grochala stated that he would be setting up a panel of commercial real estate brokers
for the March 6, 2025. This will give the EDAC opportunities to ask questions and gain
insight into the commercial market and demand.
B. Project Updates
Mr. Grochala updated the committee on current City projects.
5. ADJOURNMENT
Mr. Cravero made a motion to adjourn the meeting at 9:26 a.m. Motion was supported
by Mr. LaCroix. Motion was carried 5 - 0.
Respectfully submitted,
Julie Whitney, Community Development Administrative Assistant
1
ECONOMIC DEVELOPMENT ADVISORY COMMITTEE
AGENDA ITEM 3A
STAFF ORIGINATOR: Michael Grochala, Community Development Director
MEETING DATE: March 6, 2025
TOPIC: Town Center Commercial Broker Panel Discussion
BACKGROUND
As part of the EDAC’s discussion regarding development of the City’s 6.28-acre parcel by City
Hall, a broader discussion on the land availability and development within the Town Center
area was started. At the February 6, 2025, meeting staff provided an overview of the Town
Center area, noting approximately 61 acres remain available for development.
To provide a better understanding of market conditions, opportunities and constraints staff has
invited a small group of commercial brokers, familiar with the area to provide some insights.
Committee members will have the opportunity to ask questions and hear directly from
professionals with many years of experience working in commercial real estate.
EDAC CONSIDERATION
Discussion only.
ATTACHMENTS
1. EDA Woods Edge Property
2. Town Center 2040 Land Use
3. Town Center Undeveloped Property
4. Town Center For Sale Property
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Property Location Map ±
Area of Interest
Date: 6/9/2024
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