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2013.03.12 EDA Packet
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2013.03.12 EDA Packet
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Meeting Date
3/12/2013
Document Type
Agenda/Packets
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EDA
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• K <br /> Get Your Business ' ' <br /> -r <br /> 00 <br /> Shovel-Ready <br /> Sites Await Buyers <br /> Cambridge Opportunity Indus- seal of approval: "So it's not just <br /> trial Park sits on 107 acres 45 me or Cambridge saying that <br /> miles north of the Twin Cities. this site is shovel-ready, it's the <br /> Most of the park is occupied, State of Minnesota." w <br /> but 39 acres remain buildable. Why have only 15 municipali- <br /> As an enticement to companies ties invested in certification so <br /> looking for a place to set up far?The top reason, economic 7aOO FRANCE <br /> shop,the site is certified by the development specialists say, is <br /> State of Minnesota as "shovel- probably that many areas lack 7700 France Avenue ! ina <br /> ready." sites that are close to meeting <br /> That amounts to a promise shovel-ready criteria.The major <br /> that most of the unpleasant expense lies in preparing such . Exceptional • • <br /> surprises known to delay or sites, not in certifying them. A <br /> -Cafeteria with on-site catering services. <br /> sabotage commercial develop- sluggish market for commer- <br /> ments have been anticipated cial real estate has discouraged -Auditorium and conference facilities for . to 75 peo <br /> and eliminated.The planning, property owners from investing <br /> zoning,surveys,and title work heavily in site preparation when lockerith •• <br /> on a shovel-ready site have been -24/7 on-site security. <br /> completed. Public infra- <br /> structure needs—roads, -Close tomany • nnts, retail,entertainment, • <br /> .sewers, utilities—are in Certification functionsve additional . high <br /> place or planned out.All <br /> necessary environmental as a third-party density <br /> studes and soil <br /> have been doneanalysis approval. "It's not dust <br /> Shovel-ready sites.are [the city] saying that <br /> . attractive to corporate C <br /> buyers because they NC <br /> "take[some] risk out this Site is Shovel- -3601 Minnesota Dr. • Edina .e <br /> of development;" says ' <br /> Kevin McKinnon,direc- ready. It+s. the State <br /> for of the business and ++ from <br /> community develop- of Minnesota. <br /> ment division of the <br /> Minnesota Departmentupdated . <br /> of Employment and there are fewer buyers. <br /> Economic Development(DEED). Connexus Energy,headquar- •• • • <br /> "Businesses know what they're tered in Ramsey,supplies powerareas throughout. <br /> getting into when they try to to 60 cities and has offered to _ <br /> develop a site:" pay DEED's shovel-ready certifi- include <br /> DEED launched Minnesota's cation fee for a certain number of • conference <br /> Shovel-Ready Certified Sites cities each year.A 2011 meeting facilities,cafe with on-site <br /> program in 2010. Cambridge's to introduce the idea attracted <br /> industrial park is one of 15 certi- representatives from 11 cities.Two catering,fitness center with <br /> fied sites to date in cities from of them, Isanti and Centerville, locker rooms, <br /> Fairmont in the south to Grand went on to earn DEED certifica- <br /> two <br /> Rapids in the north. tion,says Brian Burandt,Con- •' kin • <br /> "I was sold [on the program] nexus manager of business and touch screen directory. <br /> right away," says Stan Gustafson community relations. Easy access from 1-494 <br /> of the City of Cambridge. "Years No cities took advantage of <br /> ago, manufacturers would look Connexus'offer in 2012.As of and France Avenue. <br /> at a site and plan to build on it December,the sites in Isanti, <br /> three years later. Now they want Centerville,and Cambridge were <br /> to choose a site and dig today, still on the market.Of the 15 <br /> and know that they won't say DEED-certified sites in the state, •r a • information, contact: <br /> 'Whoops."' only St.Cloud's Airport Industrial <br /> DEED does not pay for any Park had found any buyers. Last Sherry <br /> preparation, paperwork,test- September,German farm-equip- Hastings <br /> ing, or physical improvements ment maker Geringhoff bought Senior Vice President 952-829-3468 <br /> needed to make a site shovel- an existing 110,000-square-foot <br /> ready;all of that is up to the building at the St.Cloud location <br /> landowner and the local govern- and announced that it will invest <br /> ment. What DEED certification $20 million in a new manufactur- <br /> supplies,for a $3,000 applica- ing operation. <br /> tion fee, is consulting on how to Though Geringhoff didn't <br /> meet the criteria and marketing dig,sources at DEED say that ;� <br /> of certified sites on DEED's web the site's shovel-ready status <br /> AUENSHUn <br /> site and elsewhere. did factor into the company's Commercial Real <br /> The great benefit Gustafson decision because it will greatly <br /> sees in certification is that it simplify any future expansion. <br /> functions as an independent —J. G. FrauenshuhCornmercial.corn <br /> MARCH 4013 tcbmag.com TWIN CITIES BUSINESS 85 <br /> r. <br />
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