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<br />Item No: D <br />Meeting Date: April 2, 2007 <br />Type of Business: Joint Meeting w/ NB <br />Administrator Review : ____ <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: James Ericson, Community Development Director <br />Item Title/Subject: Development Update <br /> <br />Introduction: <br /> <br />This report briefly summarizes development activity in the City of Mounds View with <br />particular emphasis on activity near the southeast corner of the City and, specifically, on or <br />abutting Old Highway 8 which leads south into New Brighton. <br /> <br />Discussion: <br /> <br />When one thinks of development activity in the metro area, Mounds View is not likely one of <br />the first locations that springs to mind. The Medtronic CRDM development on the former <br />Mounds View golf course. Rising eight stories above the adjacent Trunk Highway 10 <br />roadway, the Medtronic buildings dominate the skyline. Scheduled to open in September of <br />2007, the 1,200,000 square feet of office space and another 1,200,000 square feet of space <br />in the parking ramp will be home to approximately 4,000 employees. The County Road J <br />reconstruction and bridge replacement over 35W is schedule to be completed before <br />Medtronic opens. Medtronic, while certainly the largest, is but one of many developments <br />occurring in the City of Mounds View. The following is a summary of those projects. <br /> <br />CG Hill & Sons. Located alongside 35W north of County Road 10, the owners invested <br />more than $1.5 million into their expansion. CG Hill & Sons manufactures large custom- <br />designed equipment for companies such as 3M, Hutchinson Technology. <br /> <br />SYSCO Foods. Located north of Trunk Highway 10, SYSCO was at full capacity from both a <br />functional and physical standpoint, SYSCO determined it could improve its operational <br />efficiencies by expanding its truck parking area, relocating its drive aisle and adding <br />additional vehicle parking areas. The $1.2 million expansion allowed the company to add <br />drivers and employees and improved stormwater management on the site. <br /> <br />Mounds View Square. An older retail shopping center constructed in the 1970s, the owners’ <br />of Mounds View Square recognized the need to make significant physical and aesthetic <br />improvements to their facility. Boosted by the success of the conversion of a long vacant <br />Hardees restaurant into a Caribou Coffee, Paster Enterprises invested more than $1.0 <br />million to renovate the complex. Aldi’s Foods will open in May of 2007. <br /> <br />Harstad’s Red Oak Estates Townhome project. For better or worse, construction began last <br />year on the first of 66 new townhome units to be constructed on County Road H2 and Long <br />Lake Road. The units run from $225,000 to $250,000 providing new semi-affordable home <br />ownership opportunities in the City.