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<br />Item #: 6A <br />Meeting Date: February 20, 2015 <br />Type of Business: EDC <br /> <br />City of Mounds View Staff Report <br /> <br /> <br /> <br />To: Economic Development Commission <br />From: Brian Beeman, Business Development Coordinator <br />Item Title/Subject: Reports of Staff <br /> <br /> <br />A. Crossroad Pointe Redevelopment Project <br /> <br />Staff continues to market the 4.25 acre site. So far, there has been interest in a medical <br />facility, mixed-use, and assisted living. <br /> <br />B. Business Retention & Expansion (BR&E) Visits <br /> <br />In the month of February BR&E visits have been completed with Quanex and Allegiance <br />Fitness. A visit to Medtronic is scheduled for February 20. Visits are conducted during <br />business hours and normally last no more than an hour. Businesses were hit hard by <br />the “great recession”, but many are continuing to show signs of growth and are <br />optimistic going forward. They are generally pleased with Mounds View and its services. <br />Common issues that come up in the visits are thefts. However, the businesses seem <br />pleased with the Mounds View Police response. <br /> <br />C. Business Health and Welfare Visits <br /> <br />Staff met with CVS during the month of February. They are continuing to add more <br />stores around the country and are reporting strong numbers. The Tires N More building <br />is currently for sale at a price of $550,000. Pat’s Muffler is listed for sale at $350,000, <br />and Silver View Plaza is listed at $3.8 million. Colliers International of Minnetonka, MN <br />is the listing agency for all three sites. Staff is putting together information on the Tires N <br />More area as a potential redevelopment site. Staff will continue to attempt to meet with <br />at least one business each week as the schedule allows. <br /> <br />D. Rice Creek Commons (TCAAP) Development Update <br /> <br />Remediation activities are expected to be completed on the TCAAP site by October <br />2015. The final design will begin April 2015 with construction starting in the spring of <br />2016 and final completion late 2016. On February 2, 2015 Ramsey County, Arden Hills, <br />and engineers held a meeting at the Mermaid regarding the County Road H / 35W <br />intersection improvements showing the preliminary construction layout (attached) which <br />indicate the closure of Clifton Drive and a driveway to the BP gas station . Mounds View <br />business owners affected by the County Rd H improvements were in attendance and <br />have expressed their concerns of the street closings to both city staff and the county <br />Project Manager.