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EDC Minutes <br />May 20, 2016 <br />Page 7 of 10 <br /> <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 /> <br />Beeman met with the manager of El 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 I-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 /> <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 /> <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 /> <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 /> <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