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Feasibility Study of a Potential New Youth and Amateur Sports Complex in Mounds View, Minnesota ●Page 14 <br />Market &Destination Attributes <br />Located in Ramsey County,Mounds View is a small suburb of the <br />Twin Cities located immediately off 35-W.Mounds View is located <br />in close proximity to Blaine Sports Center,downtown Minneapolis <br />and the Mississippi River. <br />With a total area of 4.12 square miles,the 2020 census estimated <br />population of the city of Mounds View is approximately 13,250, <br />while the population of Ramsey County is estimated at 550,200. <br />City government is comprised of a Mayor and four Council <br />Members.The Anoka County-Blaine Airport (Janes Field)serves <br />the area and sits within a ten minutes drive of Mounds View. <br />Mounds View is in close proximity to the National Sports Center in <br />Blaine,which hosts a calendar of amateur sporting events and <br />tournaments with participants from all over the country. <br />Medtronic,the worldwide medical device company,has its Cardiac <br />Rhythm Management campus,with approximately 3,000 <br />employees,in Mounds View. <br />Mounds View features the Mermaid Entertainment and Event <br />Center and Mounds View AmericInn Hotel and Suite.Offered are <br />two event spaces that include the Coral Bay Ballroom and the <br />Atlantis Ballroom. <br />Mounds View Public Schools includes two high schools,three <br />middle schools and six elementary schools.They include Irondale <br />High School,Mounds View High School,Chippewa Middle School, <br />Edgewood Middle School,Highview Middle,and Bel Air,Island Lake, <br />Pinewood,Sunnyside,Turtle Lake and Valentine Hills Elementary <br />Schools. <br />LOCAL &REGIONAL CONDITIONS2 <br />Introduction <br />An important component in assessing the potential success of a new Youth and Amateur Sports Complex in Mounds View is the <br />demographic and socioeconomic profile of the local and regional market.The strength of a market in terms of its ability to <br />support and utilize sports and recreation facilities is measured,to some extent,by the size of the regional market area population, <br />its age,income,and other characteristics.In addition to the demographic profile of the local and regional market area,other local <br />market characteristics have relevance when considering the attractiveness of a particular community as a host for high-quality <br />sports and recreation facilities.These include items such as transportation accessibility,existing inventory of athletic facilities, <br />and visitor amenities (such as hotels,attractions and other such items).