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Wilfahrt, Clay <br /> From: City of Elk River Economic Development <cwilfahrt @elkrivermn.gov> <br /> Sent: Friday, August 17, 2012 11:36 AM <br /> To: Wilfahrt, Clay <br /> Subject: City of Elk River - Developing by Nature <br /> Having trouble viewing this email?Click here <br /> L. 4 it © Like <br /> .9,-',4,4..71.4 ',r,{1► 1 ' , t 4 ., 4 •,, <br /> ° ,. `fir . - : <br /> i <br /> Elk, 4 <br /> 4 <br /> M River <br /> rt. Vil , \ 1 fir , 1 <br /> iparELOPING BY NATURE I viss• <br /> . . 4" <br /> t <br /> State Awards Elk River $250,000 <br /> to Assist in Opening up New Lots <br /> for Development <br /> The Elk River Economic Development Authority <br /> received a$250,000 grant from the MN ..— J., %' , `,r <br /> Department of Employment and Economic = ./' <br /> Development earlier this month through their .A-;,,' <br /> Business Development Public Infrastructure . ' <br /> grant program. The goal of the program is to ''Si! <br /> stimulate economic development activity by --,..) ; <br /> helping local units of government provide <br /> infrastructure to assist private sector developers, , ' ; \ — <br /> in hopes of creating and/or retaining high quality <br /> jobs. <br /> Recently renamed Nature's Edge Business Center to promote the <br /> community's brand,'Powered by Nature',this city-owned property is roughly <br /> 75 acres located on the fringe of the primary growth area of the Mpls/St.Paul <br /> Metropolitan area,just southeast of the Northstar Commuter Rail Station in <br /> Elk River. This site has great access to feeder routes through the area with <br /> excellent access to US HWY 10 and US HWY 169(less than 1/3 mile <br /> away). The property is zoned light industrial with retail,commercial,light <br /> industrial and warehouse use permitted. <br /> Phase one of the construction of the industrial park will begin early July,and <br /> will open three lots for development:10.36,4.01 and 0.86 <br /> acres. Improvements will include the construction of two new streets, <br /> municipal trunk sewer and water facilities,storm sewer and storm water <br /> 1 <br />