Loading...
6.6 EDSR 05-15-2017E lls River` Request for Action To Item Number Economic Development Author* 6.6 Agenda Section Meeting Date Prepared by General Business May 15, 2017 Amanda Othoudt, EDD Item Description Reviewed by Director's Report Cal Portner, City Administrator Reviewed by Action Requested Information presented for discussion only in effort to keep the EDA updated development activity. Background /Discussion BUSINESS VISITS 7 BR &E visits have been completed this year. More retention visits are in the scheduling process, watch for the emails, and please RSVP and let us know if you are able to attend. NEW PROJECTS Housing TIF Project - Patrick Briggs Patrick Briggs withdrew both the Jackson Hills and the Saxon /Elk River Lodge TIF applications. Staff rescored the applications based on new information and the Jackson Hills project scored 24/50, making the project ineligible for TIF. The Elk River Lodge TIF application was dependent upon receiving tax increment from the Jackson Hills Project. MISCELLANEOUS Revolving Loan Fund Balance Reports At the request of members, a copy of the Revolving Loan Fund report is attached. TIF Policy Review Over the past year, staff has been working to review and update all of the city's financial policies, the TIF policy is the final policy left to review. Workshops were scheduled with the EDA and the HRA. Staff in conjunction with our Attorneys and Financial consultant, are working to create a policy that incorporates the cities priorities for the use of TIF funding into the actual policy instead of using scoresheets to evaluate projects. The policy revision will be presented to the EDA at their June 19`'' meeting. Die Concepts Fred Trapp has moved all of his equipment into his new Line Avenue facility. The project utilized the HRA Blighted Properties Commercial /Industrial Forgivable Loan Program and an EDA Microloan of $260,200. Jake Pace is working on compiling the completed project video and will present it at a future EDA /HRA and City Council meeting. Some before and after photos are attached. MN Economic Redevelopment of Brownfields Workshop I will be presenting at the MN Economic Redevelopment of Brownfields Workshop next week to iawERfu sr 4A UO'E highlight the Die Concepts project and the creative financing that went into redeveloping the project. Financial Impact None Attachments Revolving Loan Fund Balance Report, April 13, 2017 MPLS /St. Paul Business Journal — Data Center Article Photos of Die Concepts — Before /After L.L 0 2 CD'/ z SW L 0 z J Q W >° W 0 0 0 U U 0 z 0 W L.L W L.L J LU C N U I� F •C O r U 03 r C y 0 - > E E N L E O O > U , E L i-•� �CC i-d i-d G c CO U rr c O c6 O O J El r _NI OS Co 00 J N 3 O 0 00 0 Q0 Q0 Q0 Q0 Q0 Q0 T O O O O O O O O 0 0 0 0 0 0 O O O O O O O N M N M M M M 0 0 0 0 0 o rn 0 0 0 0 C o rn N C C C C 7 Cl LO lzt O O O O U- 00 I" O O O M n r_ N 0 p OD W c6 N C 0 W cc CO 00 O CD M T M T O T J T z T (n li O N N N N N U_ N M LO N LO r M 2 0') CO M T M LO T W CO CO O N Nt N Nt CO O 6 6 6 n n 4 n O N I- 00 CO Nt Nt LSD N Nt O n N O LSD 00 C 6 C 6 cr C 6 N cr 00 I� CD 0') LSD CD T qzt N T ER ER T ER ER E9 CO O M T T M O C� O CO n CO O N CD CD LO M I- n Nt M T CD M CD CD N 0') n 0') LO M T I, 0 Q0 Q0 Q0 Q0 Q0 Q0 T O O O O O O O 0 0 0 0 0 0 0 O O O O O O O N M M M M M M 0 0 0 0 0 o rn 0 0 0 0 0 o rn N C C C C C Cl LO lzt O O O O Nt 00 I" O O O M n N 0 p OD W W N C 0 W cc CO 00 CD CD M T M T O T T T T T (n li N N N N N N N M LO N LO r M O Q0 N LO LO C) 0000 N T T T M I ft N N C O LL C ca O J N C N U C O O o W p M LO 00 I- N 0') 4 4 o0 CV � 00 O 00 Ni M O 00 N N I- n n T T 00 0 T • O O M O O O N N 0 0 0 0 C C CD O N N LO LO 0 0 M (.0 M 00 U O J O J i > O U c .J y o 0 cn >, O T O ER J O U c O U °' 0 U o O O n3 Y - o °' c 0 C > c O U — O N o "O o t N � O 0- O 0 U J o H 0 Q n cr cc r N p W 2 0- 0- 0- 0� N N C O LL C ca O J N C N U C O O o W p M LO 00 I- N 0') 4 4 o0 CV � 00 O 00 Ni M O 00 N N I- n n T T 00 0 T • O O M O O O N N 0 0 0 0 C C CD O N N LO LO 0 0 M (.0 M 00 U O J O J i > O U c .J y o 0 cn T O T O ER T N T (.0 0') n cr r N (� T N Nt I� N r N r > N O N C V C y O 0 p OD W W N C 0 W cc p O W a o 0 0 C U O LL � (n li 24 TABLE of EXPERTS ADVERTISING SUPPLEMENT TO THE MINNEAPOLIS /ST. PAUL BUSINESS JOURNAL DATA CENTERS SPONSORED BY COMMSCUE® mclrc COIOg iR "iHNGE. MODERATOR PANELISTS Amanda Othoudt City of Elk River Amanda Othoudt is economic development director for the city of Elk River, focusing on business retention, attraction and expansion. Prior to Elk River was community development coordinator for the city of Becker, where she was responsible for planning, zoning, community development and economic development activities. She also was a land development assistant at Lyon Contracting Inc. and Trident Development. She graduated magna cum laude from St. Cloud State University with a Bachelor of Arts degree in planning and community development and a double minor in economics and heritage preservation. She is certified as an economic development finance professional through the National Development Council. Stave Knutson Marco Steve Knutson is chief technology officer at St. Cloud -based Marco, where he has led the charge in its strategic growth and technology implementation. He graduated from the University of New Mexico in 1991 with a bachelor's degree in computer science. He developed and helped lead the deployment of large -scale IT networks for the United States Department of Defense and served as a computer analyst for BDM Inc. before joining Marco in 1999. Knutson put the pieces in place to launch Marco's hosted voice and UCaaS solutions, built its cloud infrastructure, consolidated the data center from six to three, and migrated customers while building the architecture of Marco's data center. Kam Patel Commscope Kam Patel is director of global data center solutions at CommScope. He has been with the company for 25 years in a variety of strategy, business development, product line management, marketing, engineering and operations roles, and has authored numerous articles, white papers and presentations on the design of telecommunications and data networks. Patel holds and Bachelor of Science degree in electrical engineering from the University of Vermont, and holds more than 20 patents for network equipment. Graham Williams Co10gix Graham Williams is chief operating officer for Cologix, responsible for operations, construction, commercial management, marketing and strategy. In his time at Cologix, he also has led the development and sales organizations. He has over iS years of experience in the data center, communication, i nternet, content delivery and video industries. Prior to Cologix, Williams held product management and strategy positions at Charter Communications and Level 3 Communications. He has an MBA and a bachelor's degree in political science. Ernest Sampera vXchnge Ernest Sampera is responsible for sales, product management, marketing communications, corporate communications and business development at vXchnge. He brings over 25 years of marketing, sales, distribution channels, program management, strategic alliances /business development and financial management experience to the company. Prior to joining vXchnge, he was senior vice president and chief marketing officer at Switch & Data. Prior to that, he served as vice president of channel marketing for AT &T Business Services. He also has held executive marketing and development positions with IBM, UNISYS and the American Medical Association. ADVERTISING SUPPLEMENT TO THE MINNEAPOLIS /ST. PAUL BUSINESS JOURNAL By Holly Dolezalek Contributing writer he Minneapolis -St. Paul TBusiness Journal held a panel discussion on the topic of data cen- ters recently. Panelists included Graham Wil- liams, chief operating officer of Cologix; Steve Knutson, chief technology officer and chief information officer for Marco; Kam Patel, director of global data center solutions at CommScope; and Ernest Sampera, chief marketing officer for vXchnge. The moderator was Aman- da Othoudt, economic development director for the city of Elk River, which is home to two fortune 50 data cen- ters and has a 33 -acre, shovel -ready data center site available. Othoudt: Why are enterprises turn- ing to data center services and what are the key considerations in their selection? Williams: We see three big demand - driving trends. One of those is that enterprises are increasingly outsourc- ing their data center needs to third - party providers. They originally built their own data centers five to 10 years ago, and those data centers are now coming to the end of their useful life. Enterprises are now having to decide whether to rebuild or look at alterna- tives where they can effectively pay for what they use on a service basis for a monthly fee and let someone else manage that infrastructure. There are four key considerations. The first is that a lot of enterprises are realizing that managing and maintaining gen- erators is not their core competency, and that their focus is on goods and services, so they rely on experts to help them keep their focus on what they do best. The second is that they like the idea of a monthly fee for a service more than writing a big check; CFOs are having a harder time justi- fying big capital checks for internal data center equipment and servic- es. The third is that having access to a lot of different networks provides flexibility and drives costs down, due to providers competing against each other to offer the best price. Finally, enterprises are not sure how they're going to use the cloud. They want to future -proof their model so they can use some of their own infrastructure and then access service providers and not have to physically move servers to access providers in the future. Sampera: The pace of innovation is what we see driving the need for data center services. It has become far less about physical space and more about getting enough power and cooling to the footprint they need. There used to be a case for an enterprise owning and maintaining its own facility. How- ever now, as technology and meth- odologies have introduced concepts like hyperscale and hypercloud, it no longer makes sense for the business to spend the CapEx and IT resourc- es on the less flexible, less scalable private data center. What enterprises are really seeking is reliable, secure space, power and cooling for their ever - shrinking footprint. Interconnectivity is the other piece that makes data centers so attractive to enterprises. With a private data center, you're likely to have one or per- haps two carriers servicing the facil- ity. However, that connectivity para- digm leaves you open to the whims of those carriers in terms of pricing, service, maintenance, etc., and leaves you open to myriad security threats. By choosing space and power at a purpose -built facility that has a carri- er- neutral environment, you're open- ing up considerable new options and leveraging a more secure, compliant environment. Knutson: We work with the end user, with a lot of SMBs who don't know what it means to move to the cloud or move to a data center, and how they connect to the data cen- ter. They think it's a universal solu- tion for optimum performance and cost savings, when that's not always the case. So we help the customer decide if data center services make sense based on this criteria. Patel: We focus a lot on the For- tune 500, and we've seen a variety of customers migrate to the cloud. APRIL 28, 2017 25 We'll also see outsourcing to the pub- lic cloud; a lot of customers are send- ing workloads, but it depends on the size of the enterprise. SMBs are more likely to go to the public cloud, as opposed to the larger players. They don't want to be the experts on build- ing their own data centers, because they've had this experience where they built a building that was sup- posed to last 20 years, and at that time they might have needed 5 kilo- watts per rack but now they need 40 kilowatts per rack. I've been to plenty of data centers where there's plenty of square footage, but they can't add any more equipment because they're out of power. Another big consider- ations is fiber diversity in the region. People want to move to where Inter- net exchanges are. Building a data center in a smaller metro may have fewer carrier choices than in larger metros. Some metros may even have direct access to other regions such as Asia, Africa, South America or Austra- lia. With applications like 5G and self - driving cars, that's driving a need for lower latency, which means more data centers in smaller locations. Othoudt: What are you seeing in the migration process from on- premise to the cloud? Knutson: If a customer has decid- ed to move to the cloud, that usual- ly entails moving part or all of their 2s TABLE of EXPERTS ADVERTISING SUPPLEMENT TO THE MINNEAPOLIS /ST. PAUL BUSINESS JOURNAL 0i®i ®1 servers and applications off - premise. Business analysts have to go through each different workgroup that's using those applications, thinking about the co- dependencies of each application on each other. You can't necessarily just take one application off-prem- ise and move it to the cloud, because something else might break. For us, it's all about the end user experience. The person at the PC who's running your business should have the same or better experience with the cloud, as it was on- premise. Otherwise, why do it? Patel: We think of cloud as soft - ly to going cloud -based as your ERP. ware as a service and infrastructure as So we see software as a service tak- a service. With SaaS, as Steve pointed off. Eighty percent of our clients out, some services are easy. At Sales- participate in some form of that, and pa force.com, everything resides on their about 30 to 40 percent of them are server, you make the transition to in infrastructure as a service. That last Microsoft 365 and that takes care of 20 to 30 percent are getting ready, your email and those things are easy t and they're building applications for to do. Then there's infrastructure as the cloud, but they're probably ve a service, where you move the bulk going to move what they have to of workloads. What customers often 'the the cloud because it's too difficult and waver on is, you kind of pick who you aver 'costly. pick, and once you've picked them, Williams: Certainly the notion of it's a commitment, because it takes a ' the Cloud with a capital C as a mono - lot of work to make applications work entity is confusing to enterprises in the cloud. You get to a point with and small businesses. Our customers a nd insecurity or latency where some ser- are learning important lessons that vices just become difficult. If you're 'we're passing on to other custom - moving SAP to the cloud, there's moving ers. For example, there are probably lot of customization to suit your going to applications you're going business, and it may not be as friend- to want to o run yourself on your own mclr taking technology further Marco's technolo- geniuses can keep your important business applications and data safe and secure by migrating them to the cloud. Moving to the cloud with Marco protects your data and applications, provides limitless storage, and saves you money on expensive hardware and licensing. And it gives your users convenient remote access. Learn how Marco's Cloud Services can give your business more sunny days. marconet.com 41 N Wi -1 � o £ m aes safe an I 100% a ? 3 Saoin�as P business IT // managed services // cloud services // copiers & printers infrastructure, whether that be for security or latency. There will be oth- er applications where you'll be able to gain efficiency by moving them to the cloud. Once you've done that, you don't want to do it again, and you certainly don't want to have to pick up your servers and move them from one data center to another if your overall IT strategy changes. So customers ask us: How can you help us make a good decision today that won't hurt us in three years? We pro- vide access to lots of cloud providers and service providers, so that custom- ers know that if they have to change providers, they can just slot the cross - connect to another provider. So the low switching costs for a highly con- nected interconnect point are really important and compelling to our busi- ness customers. Sampera: It's probably best described as cautious optimism in that we're largely past the rush of ear- ly adopters going full bore on cloud. Now we're seeing enterprises take a more strategic approach to deter- mining what goes into the cloud as opposed to staying on -prem. Compli- ance and security are such important priorities, those tend to be the first exceptions or considerations in any migration plan. This is where we're seeing a lot more hybrid, where cus- tomers say that this information can- not be in the cloud because of how many instances of that record there are, where it's propagated, and how they enforce record destruction from a compliance standpoint. We're also finding that connectivity is an important aspect of any migra- tion. With a solid interconnection strategy, you have multiple approach- es to network design, different DDOS providers, and private architectures, versus having to engage a carrier and have them build out to your facility. With cyberattacks being a leading cause of outages, prevention and mit- igation have to be key considerations in any migration strategy. Othoudt: How are you handling the influx of demand for connectivity to the hyperscale cloud providers? Williams: The businesses that we Most Carrier choice (95 +) Most Cloud choice (25 +) Low switching costs Scalable and reliable infrastructure 20 minutes from anywhere ADVERTISING SUPPLEMENT TO THE MINNEAPOLIS /ST. PAUL BUSINESS JOURNAL work with are increasingly looking for access to the hyperscale cloud pro- viders with more security than they can get by connecting via the public Internet. These customers are looking to use services like Amazon's Direct Connect, Microsoft's Express Route or IBM Softlayer's DirectLink. These on- ramp services create private, secure connections from the customers' equipment to cloud infrastructure. Today in Minneapolis, customers lever- age these services by choosing from a range of network service providers who are pre- approved by the cloud providers. Cologix's meet -me -rooms have the most approved network ser- vice partners in our markets which our customers value to ensure cost effec- tive services for ever - increasing traf- fic volumes. Based on Minneapolis's strong economy and our experience in other markets, we believe that the cloud providers will extend their net- works to Minneapolis which will cre- ate a lower latency access point for local customers that does not require a backhaul service to a different mar- ket. Cologix is regularly championing markets like Minneapolis to the hyper - scale cloud providers as a logical next step for expansion. Patel: Our products address this challenge a little differently. If direct connectivity is needed within the building, from these larger customers, it requires a lot of fiber. The amount of fibers required tend to clog path- ways and meet -me rooms. Our meth od to address these challenges is with smaller products that are more dense. This allows Graham and Earnest to meet the fiber glut and still provide the diversity and cross - connections. Knutson: Our customers' number one problem is connectivity to cloud services. When they're in their own building, with their data center on- premise, they can have direct connec- tivity right into the services they're consuming. But if we're going to pick that up and drop it into a smaller pipe or pipes, what happens if that one pipe goes down? We're talking about multiple paths, carriers or routes to get to those services. They ask, "Why doesn't this act the same? Why is it not as good ?" It's because we made the pipe smaller. We don't just need good connectivity, but also diverse connectivity. Sampera: Flexibility and accessibil- ity are the keys to connectivity. Enter- prises need choices as well as the agil- ity to shift when their business needs change. In an environment like ours, companies can determine best -fit car- rier options. The connectivity is just a cross connect, and you get the best of both worlds. You can deploy one and interconnect many, as opposed to try- ing to engineer networks to wrangle many to one. Knutson: If you're in a large metro- politan area like Minneapolis -St. Paul, you just do a cross - connect. But in the secondary and tertiary markets, they don't have that luxury. So it's not the 11 .... a .... 0 connectivity into the data center, it's the connectivity out of the customer; we have to map both ends. For us, it's not always the data center that's the bottleneck; sometimes it's the cus- tomer themselves. Othoudt: How do companies choose where they locate their data center? Patel: As it relates to the data cen- ter, the availability of low -cost pow- er is a big issue. And people forget that when you build these big data centers, it takes talent and people to work in them. It might be beneficial for latency and cross - connects in one location, but the talent to run these things may not exist there. Williams: First and foremost is location. In Minnesota, what can be a 20- minute drive in summer can be an hour and a half in winter. If you are concerned about connectivity, you want to sit at the physical inter- section between the metro fiber and the long -haul fiber, at the 511 building near the Vikings stadium. Looking at service providers, the first thing cus- tomers do and should look at is: Will my services always be on? Data cen- ters area physical infrastructure busi- ness. The people who are really good at this have big generators that are well maintained and managed. They have redundancy so that any given piece of equipment can fail and the entire system stays up. For anyone who hasn't gone through the pro- curement process with a provider, go see the data center. You can look and see and touch the equipment, and the difference will become very clear very quickly. All of the things we've been talking about really don't mat- ter if you lose power or air condition- ing. Start there, and the next choice is connectivity, making sure that service providers come to you as opposed to you having to chase them. When you have to unbolt servers from the floor, and drive them across town and rebolt them somewhere else, that is a painful, expensive, risky process. Sampera: While some enterpris- es still prefer to be in close proximity to their data center, there are other important considerations to the loca- tion choice. As we've talked about, interconnectivity gives you the abil- ity to reach your various user popu- lations with high reliability and mini- mal latency. It may also be important for IT teams to choose a data center that offers other sites relative to dif- ferent geographical areas they need to reach. The other important value proposition is reliability. If you have a business continuity need, which is becoming more prevalent, there's an issue relative to the consistency of service, the infrastructure, and the methodology for maintaining equip- ment. Beyond location, look at a data center's standard operating process- es, and ask maintenance questions. That's going to tell you that you have a service provider who lives and breathes the IT issues you're facing every day. Williams: Internet exchanges are a really important driver and attractor of demand. Minneapolis has a great story overall in terms of overall Inter- net traffic that's coming to the mar- ket, and that's best seen through the Midwest Internet Cooperative Exchange (www.micemn.net). It's a huge economic development driv- er because it allows companies to exchange internet traffic without paying for it. So it drives cost down and performance up. We've seen big names like Google and Netflix and Akamai come into the market here, where that traffic exchange used to happen in places like Chicago. Traffic on the MICE exchange is growing fast- er than internet exchange overall. The state is becoming more important in the global internet than our peers in other states. Othoudt: What are companies look- ing for in terms of disaster recovery when considering data center sites? Williams: Security has to be multi - layered and incorporate physical and logical security. Our customers come to us to ensure 24 -7 guards at the site and the front of the building, and that there is dual- factor authentica- tion only for authorized users, with all users tracked throughout and records kept. If you go into a data center that doesn't have video cameras with stor- age of the videotapes, you should go find another one. Sampera: Disaster recovery is tak- ing on new meanings today. Beyond the traditional definitions, there is quite a bit more focus on prevention and proactivity. For example, we're starting to see customers imple- menting RFID technology. Custom- ers want physical asset tracking as part of their security. As you can imagine, in a lot of these data cen- ters, moves /adds /changes occur dai- ly. We've implemented asset tracking using RFID technology, and custom- ers can access it through their portal. Knutson: We've found that one thing is often getting left out: You should know where your data is. We had a customer whose contract said that the cloud provider could move their data out of the United States, depending on loads. For this custom- er, that wasn't okay; they needed their data to stay in the U.S. Othoudt: Where do you see the industry going in the next five years? Sampera: We think it's going to continue to grow. Cloud computing is becoming cheaper, and given the fact that more and more devices are going to be using the internet, that more and more analytics are going to be calculated, latency will be more important. There's going to have to be more data centers in more mar- kets, and the question is, how do you anticipate the next market? That's the $64 question for all of us. Williams: People forget that the growth of the internet and mobile APRIL 28, 2017 27 traffic and IoT has a physical mani- festation, that as you do more on your phone, there need to be more rout- ers and switches in the data center. We also expect to see enterprises outsource more and more. For over- all footprint, I think there's going to be a consolidation, as enterprises let go of their own DIY data centers and consolidate into more efficient foot- prints in a co -lo provider. Othoudt: Final thoughts? Patel: What does everyone think about retail versus wholesale? Sampera: In terms of the value cus- tomers are looking for, we see more and more enterprises doing multi - deployments. Retail data centers deliver a more hands -on experience, which in our case means people who are on staff 24/7 to the reboot lay- er, the physical rack and stack. With virtualization and hyperscale, we see more footprints consolidating, and in many cases, customers are having to deploy smaller edge -based comput- er nodes to maintain and optimize performance. It's a pretty interesting ecosystem that leverages the cycle of growth to benefit all data center customers. Williams: Our view is that we're going to continue to see growth in retail and wholesale. They're natu- ral environments in the data center and there will be customers for both. Across retail and wholesale, connec- tivity becomes more important for each, and we're seeing larger enter- prises that five years ago needed two megawatts in 10,000 square feet, but now can fit more in a higher density. So they'd like a smaller footprint — but they have to be close to connectivity. There may be a blurring of retail and wholesale, largely in a space where traffic and outsourcing are going to rise both retail and wholesale boats. Patel: You know, our end users often have similar pain points. What in your business helps reassure them that they're making the right decision, whether it's to stay in their own data center, or go to the cloud, or a co- location facility? Williams: For us, it's robust infra- structure and redundancy. They come to our site and they see our genera- tors and our cooling and our UPSs and say: These guys know what they're doing and this is better than what I can do. Also, connectivity. Customers walk out thinking: We have maximum choice, and that gives us a lot of con- fidence beyond knowing that our ser- vices will never go down. Knutson: In the small to medium enterprise sector, they might have limited IT staff. Their IT people are doing things like running a help desk when they really should be focused on strategy, becoming more efficient and making more money. It's about how to maximize the talent they have and offload the tasks to IT staff so they can help drive business value instead. Former M N FAB Building February 2016 75- 135 -2379 Rearview Former M N FAB Building April 2017