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10-27-1994
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10-27-1994
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8/20/2018 5:55:25 AM
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MV City Council
City Council Document Type
City Council Packets
Date
10/27/1994
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• INDUSTRIAL <br /> Industrial growth potential is more difficult to quantify than residential and com- <br /> mercial growth. Many suburban communities have developed industrial parks within <br /> the past decade (most of which are not totally developed), and are experiencing <br /> heavy competition to attract industry into their area. In addition, Mounds View <br /> has not been successful in the past in attracting industrial uses that are high tax <br /> producers. With the exception of one manufacturing concern, those industrial uses <br /> which have located within the City are mainly truck terminals and warehouse opera- <br /> tions which are among the lowest tax producers . <br /> While the future for industrial development in Mounds View will never duplicate <br /> the quality or intensity experienced in interstate ring communities, the reduction <br /> of "closer in" industrial properties should have the effect of forcing more, higher <br /> quality industry beyond the interstate limits . As Mounds View has maintained its <br /> policy position to reserve industrial land for future development, an organized <br /> promotional effort to attract new industry could result in a slow, but steady rate of <br /> higher quality industrial development. This potential opportunity can best be <br /> facilitated in the specifically defined areas outside of the City Center. <br /> 1111 <br /> 51 <br />
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