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05-20-2016
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05-20-2016
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MV EDC
EDC Document Type
Council Packets
Date
5/20/2016
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Reports of Staff <br />May 20, 2016 <br />Page 2 of 8 <br /> <br />facility. Since there are currently three homeowners in the area, the developer would <br />need to negotiate with the home owners to purchase those parcels then demo the site <br />for a potential retail center. Staff has not heard back from the caller. <br />Flea Market: City staff received a request to host a flea market in Mounds View. Since <br />they were not interested in a parking lot location, and the city parks are reserved for <br />other activities such as soft ball, Festival in the Park, etc. they are trying to find anothe r <br />location. They originally wanted to locate at Crossroad Pointe, however, this land is <br />locked up in a contract and the developer will be needing access to the site to conduct <br />soil borings etc. They indicated that they will also be looking at surrounding cities. <br />Bio Tech Company: A broker called looking for 3-6 acres of vacant land for a company <br />to build a facility that can house a clean room that would test medical equipment. <br />Coordinator Beeman provided them information on the vacant land north of Bio Life and <br />also mentioned the possibility of contacting Rydell Auto for additional acreage. They are <br />also looking for sites near Edina. <br />Magazine Distributors: They have gone out of business. Their business model is to <br />distribute phone books, newspapers, magazines, and mailers. All of these media tools <br />have experienced a downturn in the market, as more customers are using eBooks and <br />the internet to find their information. As a result, their space is now available. <br />2402 County Rd I: The office building next to Snap Market is for sale. The realtor is <br />having a difficult time finding interested buyers and it was recently vandalized as well as <br />the Snap Market building. <br />Snap Market: Spray paint was painted over twice in the last month on the Snap Market <br />building. Ankur Chopra of Keshav Enterprises, Inc. has been trying to move into the old <br />Snap Market space. They have been slow moving in because the owner of the building <br />owes back taxes and this has delayed their liquor license approval. It is not certain <br />whether or not the license will be approved. Their application goes in front of the <br />Council May 23. <br />Dynex/Dymax: These two businesses have left Mounds View to find another lease <br />space. FedTech owns the building and needs the space to continue to grow their <br />business. <br />Bio Clean: They are still looking to build a new building to assemble their franchise <br />trucks equipped with power washers. They tried negotiating a deal with the Skyline <br />Motel and the owners of the Motel wouldn’t negotiate enough on the price to make the
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