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Appendix E: Relevant News Articles (cont.) <br />Copyright 2004 Dolan Media Newswires <br />Finance & Commerce (Minneapolis, MN) <br />November 11, 2004 Thursday <br />SECTION: NEWS <br />LENGTH: 101 words <br />HEADLINE: Hempel Properties launches Elk River retail project <br />BYLINE: Staff <br />BODY: <br />Hempel Properties of Plymouth has begun construction on the Elk Ridge Retail Center at Highway 169 <br />and 197th Avenue in Elk River. <br />The complex, featuring a northwoods architectural theme, will include big-box stores, restaurants, <br />financial services firms and shops. The project includes 100,000 square feet of retail. <br />Hempel is partnering with NAI Welsh to market and lease the complex. NorthMarq Capital provided <br />financing. <br />Morcon Construction is the general contractor and Miller Dunwiddie the architect. <br />Hempel officials said they picked the site because of its rapid growth and demographics. <br />LOAD-DATE: November 13, 2004 <br />