5.0. EDSR 03-14-2005 ITEM # 5.
4110 City of
Elk
River
MEMORANDUM
TO: Economic Development Authority
CC: Planning Commission
FROM: Catherine Mehelich, Director of Economic Development
DATE: March 14, 2005
SUBJECT: 2004 Annual Inquiry/Prospect Report
Attachment
• Inquiry/Prospect Tracking Report 2001-2004
Issue
• Since the year 2001, staff has been tracking inquiries and prospects within a database. At the meeting, staff
will discuss the attached Tracking Report which indicates trends over the past four years in inquiry type,
size and status.
i
• Economic Development Department
Inquiry/Prospect Tracking Report 2001-2004
1; 'toot' 200 4
Total Inquiries 75 48 75 84
Commercial 30 17 29 36
Industrial 45 31 46 48
Light Industrial NA 21 34 27
Heavy Industrial NA 10 12 2
Distribution/Warehouse NA NA . NA 1
Commercial-Service NA NA NA 11
Other NA NA NA 7
Nature of Light Industrial Inquiry
Lease Space 12 6 10 7
Land/Building 28 13 9 18
Other (info/$) 5 2 11 2
Light Industrial Size
• Small(Less than 10,000 sf) 16 5 5 9
Medium (10,000 sf to 29,000 sf) 10 13 9 8
Large (30,000 sf+ 13 6 6 8
Other (spec/info) 6 3 11 2
Light Industrial Relocation/Expansion to Elk River
2002
*Dimensional Concepts (lease)
2003
*Lake Assault Custom Boats (lease)
•Sportech (expansion)
2004
•Orluck Industries
*Gradient Technology
*Display Solutions (lease)
•