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6.0. EDSR 01-09-2006TT]',ri # 6. x~ver MEMORANDUM TO: Economic Development Authority FROM: Heidi Steinmetz, Assistant Director of Economic Development ~~ DATE: January 9, 2006 SUBJECT: Strategic Industrial Marketing Update Attachments "Starting the year right," Elk River Stax News. January 3, 2006 News from the Hub Econotnic Development Newsletter, Winter 2005 2005 Business Retention and Expansion Visit Schedule I. Product Offering Strategy The EDA will discuss this strategy during the 2006 goals and projects agenda item. I I. Competitive Strategy See the attached article regarding Duke Realty's acquisition of 160 acres of land in Otsego fox an office/industrial park. Duke submitted a proposal to Elk River a year ago for the exclusive development of the EDA's Noxthstar Business Park. III. Key Account/Lead Generation Strategy Staff has received two significant inquiries within the last month. IV. Promotions & Advertising Strategy As in previous years, staff is working with Tammy Miller Design on the 2006 Strategic Industrial Advertising Campaign. More details regarding the 2006 ad schedule will be provided in a future marketing update. V. Public Relations Strategy Technical Assistance Program In May 2003, the F_DA conunitted a $5,000 match to a giant provided to the EDA by the Initiative Foundation to implement atwo-year partnership program with l~linnesota Technology, Inc. (MTI). The progtam offers manufacturing companies up to a X2,000 giant fox technical assistance services, such as plant layout assistance or Lean manufacturing training. Applications axe reviewed and approved by staff. Stcatntn'c Industrial Mazk[ing Updnm January'J, 2006 GllA Meeting L'agc 2 of 3 The program was utilized by Elk River Machine last summer when they received a $2,000 Technical Assistance Program giant fox strategic planning assistance provided by M"T'I. I'he two-year giant period with the Initiative Foundation ended on May 31, 2005. Staff requested and received two 6-month extensions since that time, which allowed the program to be extended until June 30, 2006. Economic Development Newsletter Staff and Wolf Marketing & Media completed the attached 9`h edition of the Economic Development newsletter in late 2005. The purpose of the newsletter is to provide manufacturers and site selectors information that is useful to their operations and to present an "open fox business" image. The newsletter is distributed in the Economic Development marketing packets, is available fox download on the Economic Development page of the City's Website and is distributed directly to approximately 550 people representing the following groups: • Elk River manufacturers • Manufacmxexs located in Anoka, Sherburne, Wright and Hennepin Counties • Past & present prospects/inquiries • Key accounts (site selectors, bankers, etc.) Holiday Card Holiday greeting cards were sent to approximately 175 people, including Elk River manufacturers, prospects and key accounts. Fox the last three years, the holiday card has been custom designed, inwxpoxating the City's logo into a holiday theme on the front of the card. 2006 Community Profile 'T'ypically the Community Profile is available early each year; however the 2006 Profile will not be available until early Spring this year in order to include the fma12006 tax rates rather than the estimated rates. VI. Strategic Partnership Strategy Energy Citv Staff developed a Request Fox Proposals (RFP) fox the redesign of the Energy City Website and received three proposals on January 3`d. Staff and the Energy City Commission Chair will make a recommendation fox a designer at the next Energy City Commission meeting on January 18"'. This project will consume a fair amount of staff time during the first half of 2006. Downtown Revitalization Pxoiect Watch fox the next Q & A Newsletter in a late January issue of the Elk Rivcx Stax News, which will answer many of the community's recent questions about the project. In summary, the environmental xemediation of the Bluff Block occurred in November and construction is anticipated to begin soon. The construction of Jackson Place will begin this Spring. Stxam~c Industrial Marlxe[ing Update ~uvuary'l, 20U( ISDA Meeting Page 3 of 3 Shexbume County Economic Development Over the last couple of months, the County has been working on completing its commercial and industrial market analysis of cities and townships within the County. Staff met with County officials late last year to provided input and assisted them in completing the analysis for Elk River. Staff continues to attend monthly Sherburne County Economic Development Alliance (SCEDA) meetings and most xecendy presented Tax Rebate Financing requests to both SCEDA and the Sherburne County Board fox the Quality Label project in Elk River Business Park. VII. Business Retention Strategy 2005 Business Retention and Expansion (BRF,, Visits A total of seven BRE visits were held in 2005. The 2005 BRE schedule is attached, which contains BRE visit dates and other meetings ox contact made with Elk River manufacturers in 2005. Staff is working on the 2006 BRE schedule, which will include Elk River manufacturers who have not been contacted in the last couple of years. As in previous years, staff encourages that Commissioners attend BRE visits. 2005 Minnesota Manufacturing and Technology Week As you may have read in the attached newsletter article, "Manufacturing Week luncheon scores a touchdown," the 2005 Minnesota Manufacturing Week event drew more than 50 people including about ten Elk River manufacturers. In years past, less than five manufacturers attended the event. Starting the year right Starting the year right by Susan M.A. Larson Staff writer The new year is off to a fine start for Otsego, with news of a multi- million dollar industrial park to be built there by Duke Realty. "This is the first major industrial development for Otsego," said City Administrator Mike Robertson. "We've had several small industrial parks, but this will be as big as anything any other community has. Right now, the concept calls for a million square feet of industrial space." "It's actually more than that," said Pat Mascia, Duke's senior vice president, Minneapolis operations. "We could conceivably build r.4 million.° "It will be a $ too million project when it's done," said Mayor Larry Fournier. "We look for our tax base to continue to be one of the lowest in Wright County." File on Duke Realty Corp. •Duke Realty Corp. owns, builds, develops, leases and manages commercial real estate in r4 cities in the Midwest and the South. •Headquartered in Indianapolis, Ind., with an office in Minneapolis, Duke is one of the larger commercial real estate companies in the United States, with toe million square feet of office and industrial properties in t4 cities in the Midwest and South. •Duke has nationwide construction capabilities with 4,50o acres of land to support 64 million square feet of development and total property ownership of more than rt5 million square feet. The city has agreed to the development and provided incentives and discounts on sewer and water hookup fees. The future industrial park, which Mascia said has yet to be named, will be located just east of Highway ror and south of County Road 37. Duke has approximately rho acres, of which about tzo has been earmarked for industrial. The industrial park will include space for warehouse, office, manufacturing and distributing. "We have various sites under contract," said Mascia. "We haven't closed on any of the land yet. We're scheduled to close on one piece (last week) ... Grading and dirt work will start this spring. Then we have to let the site settle a while. We ie going to look at the feasibility study, but we might be able to put a building up (in 2006). There's some challenges with the topography there." Describing the future park, Mascia said, "We're looking at big box industrial, probably 24-3z-foot clear buildings" of various sizes. "There will be a couple of build-to-suit pads where we could build a couple of smaller buildings, 50,000-85,000 square feet. The rest will probably be anywhere from t53,ooo to z9o,oo0 square feet." Of the decision to build in Otsego, "The location is great," said Mascia. "We have a big footprint in Brooklyn Park and we're looking to expand that. It's the biggest and strongest industrial submarket in the Twin Cities." Expounding on that, Mascia explained that Duke likes to build large industrial parks with a lot of density in one area. There are, he noted, very few sites available that allow for that. ~ ~~ ~d tan ... ~tgage Rates at All Timo Low http://www.erstarnews.com/2006/January/3starting.html 1/5/2006 News f=~ _~- ~ < <~ ~......, ver www.ci.elk-river.mn.us Four groundbreakings to bring and create 126 jobs GOAL TO BE THE `LIGHT INDUSTRIAL HUB OF THE NORTHWEST METRO' IS ON TRACK roundbreaking shovels have been getting quite a workout in Elk River in recent months. Since late September, those shovels have been used by local officials and business owners to break ground for four new facilities in City business parks. All of the finns are new to Elk River, bringing with them a total of 74 existing jobs and creating 52 new ones. All four manufacturing finns received tax rebate financing assistance from the City of Elk River and Sherburne County. .'he assistance provided to the four companies ranges from $150,000 to $275,000, depending on the number of jobs the firm will bring to the City and the cost of the land. "The City looks at these projects as part of along-term effort to attract companies that bring solid employment opportunities and will become active parts of our community," says Catherine Mehelich, the City's Director of Economic Development. "Elk River has truly become the light industrial hub of the Northwest Metro." ^ Medical Extrusion Technologies (MET) Inc. is building a 20,000 square foot facility on 2.4 acres. MET, which manufactures plastic tubing for medical, cotrunercial, telecommunications and recreational applications, has been in business since 1990 in California. It wanted to build a "sister site" in the Twin Cities to be closer to many of its clients. MET expects to create 23 new jobs. Here's a look at the four companies building facilities in Elk River: ^ Crystal Distribution Inc. is constructing a 30,000 square foot facility on 3.7 acres. The company provides sheet tneta] fabrication for custom heating ventilation and air conditioning distributors throughout the United States and Canada. It will bring 31 existing jobs to Elk River and create 15 new ones. There is room on the lot for a future 12,000 square foot expansion. ^ Classic Acrylics Inc., a plastic fabricator ofpoint-of-purchase displays, has broken ground on a 20,000 square Please.ree "Groundbreaking"on Paget a.ray or tcx cover economic Development Winter 2005 Alliance Machine Int.'s Bryan Provo, vice president, and Pat Provo, president and founder, recently broke ground in Elk River. GYOZl72dbi"CRk211g (Continued from Page I) foot facility on 2.48 acres. The company "The people in the Economic plans to bring 13 jobs to the City and °xpects to create five more. The site will .ave room for a furore 5,000 squaze foot expansion. ^ Alliance Machine Inc., which machines plastic and metal components for high-tech manufacturers, is building an 18,000 squaze foot facility on 2.84 acres. There is room for a future 10,000 square foot addition. Alliance's clients are in the aerospace, computer, medical and defense industries. It will bring 30 jobs to Elk River and create nine more. As far as Alliance Vice President Bryan Provo is concerned, relocating to Elk River was a "No-brainer." Development Division welcomed us with open arms and were a month ahead of every other city in giving us a proposal for financial assistance and a plan," says Mr. Provo, whose firm is currently leasing space in another northwest metro suburb. "And working with the fire and building inspectors went very quickly and smoothly. We looked into moving to several other cities, but after we'd worked with Elk River and got such a positive response from everyone there, the decision was easy." Of the four companies to break ground, one, Classic Acrylics, is building in the Elk River Business Park, while the other three are locating in the City's new Northstar Business Park just off U.S. Highways 10 and 169. One of the attractions of the Northstaz Business Park is that it is located within walking distance of the future Northstar Commuter Rail line slated to eventually make a 40-mile run between downtown Minneapolis and Big Lake. "The future Northstar line is a great feature of that business pazk," says Mr. Provo of Alliance Machine. "We definitely have employees who will use i[, and perhaps even some of our customers who fly into the airport will use the rail line to come out to our facility." ^ New Community Development Director on board SCOTT CLARK NOW OVERSEES THE CITY'S DEVELOPMENT-RELATED FUNCTIONS hen the City of Elk River hired Scott Clark in recent months, it did more than just bring a ~ew face to City Hall. With Mr. Clark's hiring, the City also created a new department, called Community Development, to oversee four divisions: Economic Development, Planning, Building and Environmental. Each division has its own supervisor. Mr. Clark, who has worked in various city planning and development deparanents for three decades, is Elk River's new Director of Community Development. "One of the goals of creating the new Community Development Department is to build an even better development process for developers in Elk River," says Mr Clark, who has a master's degree in Urban and Regional Studies. "Some of the keys we see aze communications and efficiency." In the past, developers could enter the city development process through ifferent avenues. Now, they will enter the process in a more uniform way. "We have excellent people in excellent divisions, and my job is to make sure that we create an efficient system and process for developers to follow," says Mr. Clark. "And once the City Council sets the City's goals and strategies for development, we will be committed to following and implementing those as one department, with the different divisions performing their part of the job." For example, the Economic Development Division will continue to make efforts to attract light industrial businesses to the cmnmunity's industrial parks, as well as explain possible financial assistance plans to prospective businesses. Mr. Clark arrived in Elk River in recent months with plenty of knowledge and years of experience concerning city development issues. For 27 years, he worked for the city of Brooklyn Park, where he was both the Deputy Community Development Director and the Director of Economic Development. In addition to day-to-day development issues, Mr. Clark was involved in two major efforts: The development of industrial properties along the new Highway 610 corridor, including the development of a 500,000 square foot financial office building for Target Corp.; and the Village North redevelopment project, a 150- acre rundown retail area that will be transformed into 500 units of new housing and some retail. Mr. Clark also spent ayear-and-a-half as the Community Development Director in Arden Hills, where the city is engaged in an ongoing effort to develop 450 acres of ]and that has long been part of the U. S. Army's ammunition plant. The project is expected to create 2,500 housing units, light industrial projects and sotme retail. When completed, the overall development should generate $800 million of real estate value. As For his new job in Elk River, Mr. Clark said he's bullish on the city's prospects for continued success in attracting businesses, including light industrial companies. Pleare see "Community"nn Page 3 City of Elk River Economic Development Winter 2005 Scott Clark Manufacturing Week luncheon scores a touchdown ECONOMIC DEVELOPMENT DIVISION, CHAMBER TEAM UP FOR INFORMATIVE EVENT txing business with fun and education was an overriding theme at Elk River's Manufacturing Week Luncheon in mid- October at the Time Out Restaurant & Sports Bar. Sponsored by the Elk River Economic Development Authority (EDA) and the Elk River Area Chamber of Commerce, the luncheon drew more than 50 people, including representatives from about 10 manufacturing firms located in Elk River. The featured guest speakers were Dr. Frederick Zimmerman, a manufacturing expert and a professor at the University of St. Thomas, and Chuck Foreman, the All Pro running back from the glory yeazs of the Minnesota Vikings. With these two well-known guests providing their insights for success, the title of the day's events, naturally, blended football with business: "What's "We were impressed that the luncheon featured Dr. Zimmerman, who is a well- known and well-respected industry expert," says Mr. McChesney. "When we saw that he would be speaking, we knew we had to go because anytime you can heaz him talk you're going to gain valuable insight into what's going on in the industry... seeing Chuck Foreman was a nice bonus, too." Dr Zimmerman provided local business owners with valuable information about strategic planning and manufacturing processes, while Mr. Foreman spoke about the vital leadership role that local businesses have in a community. Mc Foreman also provided plenty of autographed memorabilia and gave away, as door prizes, four NFL footballs signed by the legendary No. 44. Before lunch, participants toured two new manufacturing facilities in Elk River: Orluck Industries, a precision machining firm that opened a 23,500 square foot building earlier this year; and Gradient Technology, ahigh-tech firm that opened a 13,000 squaze foot headquarters and reseazch facility in late 2004. I Your Game Plan for 2006?" On hand at the luncheon were Elk River Machine Co.'s Jim Barthel, the president, and Todd McChesney, the manufacturing manager. Community (Continued from Page 2) "The city is well-positioned to continue to grow in terms of more housing, retail, and light industrial," Mr. Clark says. "Our industrial parks offer great opportunities for companies that bring with them good jobs. Our downtown redevelopment project should stimulate other development in the city, as well as major redevelopment projects" Mc Clazk adds that the Community Development Department is planning to host a developers' forum in February in which city officials will explain changes in the development process and ask for input from developers. Details I -onceming the forwn will be available after Jan. 1. Please call the Economic Development Division at 763.635.1040 for updates. ^ City of Elk River "Elk River business people tell us they like to go out and tour the city's manufacturing businesses," says Catherine Mehelich, Elk River's Economic Development Director. ^ Huger Target Tech Center is big catch CITY, COUNTY TEAM SECURES QUICK APPROVAL Target Corp. broke ground in October on its future 160,000 squaze foot Technology Center, which will be located on 30 acres of land formerly owned by Sherburne County in faz western Ells River. Despite the fact that the massive project involved the county and several city departments, the approval process took just a matter of months. Last spring, Elk River's Economic Development Division received an inquiry from a broker looking for a site for a large user, which remained anonymous at the time. Upon receiving the inquiry, the Economic Development Division referred the broker to Sherburne County, which was in control of 70 acres adjacent to its government center to accommodate future growth. Because the county does not need all of the land, it was looking to put a portion back on the property tax rolls. "The City of Elk River and Sherbume County distinguished themselves well, both during the negotiations for the land and the approval process," says Collin Barr, Vice President of Development for Ryan Cos. USA Inc., the designer, builder and general contractor on the Tazge[ project. "They did the whole thing efficiently and effectively, which often is not the case here in Minnesota, and which was important on this project." The project needed to pass through the City's Planning, Engineering, and Building Divisions. Along the way, it needed approvals for platting, site plan and conditional use permits. It also needed approvals from the Elk River City Council and the Sherburne County Board. "It really did take alot ofhand-in-hand coordination between the City and the County, and they did a very goodjob of that," says Mr. Barr. It will be Target Corp.'s second technology center in the Twin Cities. ^ Economic Development Winter 2005 airy of ~.lk River 13065 Orono Pkwy Elk River, MN 55330 PRESORTED STANDARD U.S. POSTAGE PAID PERMIT NO. 106 ELK RIVER, MN Downtown Elk River is being revitalized PROJECT WILL BRING NEW RETAIL, HOUSING AND PARKING TO HEART OF CITY EIk River's Light industrial parks aren't the only spots in town seeing lots of construction activity. The city's downtown is currently undergoing a major redevelopment, which will bring new retail, parking, a plaza and housing to the heart of the business district. The project has been spearheaded and planned during the past three years by the city's Housing and Redevelopment Authority (HRA) and SL Paul-based MetroPlains Development LLC. Constmction began in late October, when three existing older buildings were razed to make way for the redevelopment. The project entails two components: ^ Bluffs of Elk River, which will have 11,000 square feet of street-level retail space, 67 condominiums on three upper floors, underground parking, and a plaza on the corner of Main Street and Parrish Avenue ^ Jackson Place, which will have about 10,000 squaze feet of street-level retail, 32 rental housing units on the upper two floors and underground parking, In addition, one portion of the downtown revitalization project was completed earlier in the summer, when the city improved an existing parking lot on the site of its former Municipal Utilities building, which added about 70 new stalls. Community Development Director Scot[ Clark sees the downtown revitalization project as a key to attracting new businesses, housing projects and residents to the City. "I see the downtown project stimulating other development activity in [he City," Mr. Clark says. "When you have a vibrant downtown, it creates synergy between the residential areas, the business parks and the retail areas." ^ City of EIk River Economic Development Winter 2005 EIk River's revitalization of its downtown began in October with the demolition of several existing buildings. C Cd C a O d 0 u .~ O c 0 u W d Y W O L U N `~_ C 0 .~ C fd a x W C O a~ C d d N d C .N 3 m N O O N 0 ° o ~ N C z v ~ ~ ~ v ca ~ ~ N ~ ti ~ C ~K N N `° ,~ ^ '~ N If) O ~ .~ ~ C k O + 0- O p •- O n ~ ~ N v . ~ O -~' y N c0 ~ m ti O ~ N ~ CC ~ ~, N O W m O A ~ V V~ ~i ,4 ~ ~ N , 'C b ~ . N .~. 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