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5. EDSR 09-11-2006
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5. EDSR 09-11-2006
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9/11/2006
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Appendix E: Relevant News Articles (cont.) <br />Copyright 2006 Star Tribune <br />All Rights Reserved <br />Star Tribune (Minneapolis, MN) <br />April 4, 2005 Friday <br />Metro Edition <br />SECTION: BUSINESS; Pg. 4D <br />LENGTH: 480 words <br />HEADLINE: Commercial Real Estate; <br />Growth in Elk River <br />BYLINE: Dan Mitchel;, Staff Writer <br />BODY: <br />Elk River, about 25 miles northwest of Minneapolis, aims to be "the light-industrial hub of the northwest <br />metro,' according to the city's slogan. Toward that end, the city is planning to develop two sites totaling <br />about 100 acres for industrial development, adding to about 120 acres already taken up by business <br />parks. <br />Amcon Construction of Eagan and Indianapolis-based Duke Realty recently made bids to develop one of <br />the sites - 38 acres next to what would be the Elk River station of the proposed Northstar commuter rail <br />line. The city is evaluating the bids, both of which call for creating space for industrial and warehouse use. <br />The second parcel, called the Cargill property because the city bought it from Cargil Inc., includes about <br />60 acres along Hwy. 10. It will be developed sometime in 2006, said Catherine Mehelich, Elk River's <br />director of economic development. <br />Dan Mitchell is at dmitchell@startribune.com <br />LOAD-DATE: April 5, 2005 <br />
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