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EDC Minutes <br /> May 20, 2016 <br /> Page 7 of 10 <br /> didn't own it. As a result, Beeman contacted Biolife and received a direct contact to the <br /> land owners which he forwarded to Empire House. Empire House will be following up <br /> with the contact, but it is not certain if they will proceed with the new building or not. <br /> Beeman met with the manager of EI Loro and they have indicated that they will be <br /> leaving in about three months unless there is a way they can drastically reduce their <br /> lease rate and/or increase the number of customers. They mentioned a construction <br /> project on County Road 10 near 1-35W that occurred a few years ago, stating that <br /> because of the construction project, it decreased the number of customers coming <br /> through the door and they were never able to regain that customer base. They would <br /> need to drastically reduce their lease in order to stay. <br /> Beeman described the new restaurant Arepa Bite, which is a Latin American <br /> establishment originating from Venezuela. The owner is from Mounds View and wanted <br /> to start a business that was in close proximity to where she lived. This will allow her to <br /> spend more time with her family and eliminate long commutes for work. The restaurant <br /> was originally supposed to be a sit down restaurant similar to a Chipotle setting <br /> however, the building was set up for fast food. As a result, they have had to compromise <br /> to a quick serve approach. Commissioner Freichels asked where it was located. <br /> Commissioner Helgemoe said it was where Louisiana Po Boy used to be. <br /> Commissioner Dahlstrom encouraged anyone to go there, stating the good quality of <br /> food served. He described that it is food stuffed into a thicker tortilla with a variety of <br /> ingredients. Beeman said they hand roll the tortillas each day and like to keep all their <br /> food fresh with about 11 different traditional versions and anyone can also request <br /> custom varieties. In addition, they serve sugarcane drinks and have a machine that <br /> slices and squeezes oranges for freshly squeezed orange juice. Dahlstrom asked if they <br /> have plans to use their drive thru. Beeman said, he hadn't heard, but perhaps they are <br /> trying to see if they can smooth out their operations first. Dahlstrom noticed that they <br /> didn't have their hours posted anywhere. Beeman said he would notify them and also <br /> mentioned that they were going to try it out for about three months then evaluate their <br /> operations and customer base. Freichels thought maybe they hadn't figured out their <br /> hours yet because they are still trying to figure everything out. Beeman said they do <br /> serve breakfast so they are open earlier. Beeman will notify them to post their hours. <br /> Coordinator Beeman informed the Commission of the trends he is seeing with phone <br /> calls and requests. He said he is seeing a higher volume of calls for industrial, <br /> warehouse distribution and some medical space with companies wanting to build and <br /> own their own buildings. They all like the Mounds View location next to I-35W. If we had <br /> more industrial land we could probably fill it fairly quickly. Tires N More was listed for <br /> sale and the owner had two good offers which he declined. He took the building off of <br /> the listing and is now using it as a warehouse. <br /> Beeman said, the challenge is finding these companies land. We are at the point where <br /> Mounds View may need to start building vertically to meet the parking ratios and <br /> conserve space. Mounds View is out of this type of space and the only possibility is to <br /> focus on redevelopment projects. However, the City Council had not passed an EDA <br /> levy when they discussed it about a year ago, and therefore, no funds are available to <br /> purchase and demo sites in order to repackage them for development. One option is to <br />