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Elk River Business Park—I'04-22 <br /> October 26,2004 Page 2 <br /> Attachments <br /> • Location Map <br /> • Memo from the City Engineer dated October 12, 2004 <br /> • Memo from the Director of Economic Development dated October 11, 2004 <br /> • Economic Development Department Inquiry/Prospect Tracking Report 2001 —2004 <br /> • Sketch Plan—Tractor Supply/Maxsun Furniture <br /> • Preliminary Plat—Elk River Crossing 6th Addition <br /> Land Use/Zoning <br /> HB Highway Business/PUD Planned Unit Development <br /> LI Light Industrial/BP Business Park <br /> Overview <br /> The subject parcels are currently vacant. Transecting the northeast cornet of Lot 1,Block 3 <br /> of Elk River Crossing is a 200-foot wide transmission line easement within which are electric <br /> transmission lines operated by Great River Energy. Also located in this general vicinity is a <br /> storm water detention pond. <br /> Elk River Business Park is currently home to two buildings; a 50,000 square foot multi- <br /> tenant speculative building,within which is housed Great River Energy offices and a <br /> building supply company, as well as Twistmaster Gymnastics. Also located in the Business <br /> Park is a 20,000 square foot building under construction for Gradient Technology, a <br /> research and development operation for the demilitarizing of Army munitions. <br /> Analysis <br /> Land Use Amendment <br /> The Planning Commission needs to consider the land use request prior to the other three <br /> requests. If the land use request is not approved, then the zone change, conditional use <br /> permit and preliminary plat are a moot point. <br /> The Director of Economic Development's October 11th memo outlines the various issues <br /> relating to a land use change in this area. It has been a long-term goal of the City to develop <br /> industrial land. The Economic Development Authority's marketing tagline is to be "the <br /> light industrial hub of the northwest metro". Converting a portion of the Business Park to <br /> Highway Business land use would be inconsistent with this stated strategic goal of the City. <br /> The Comprehensive Plan was recently adopted on August 16, 2004. In it the Plan kept the <br /> area in question as Light Industrial, even though during the Comprehensive Plan <br /> discussions,it was contemplated that this site could be commercial or even mixed use,given <br /> the adjacent development to the north. <br /> The applicant, at the Economic Development Authority meeting, noted that they have had a <br /> difficult time marketing the Business Park and had always intended that Lot 1,Block 1 of <br /> S:\PLANNING\Case Files\2004\P 04-22 E R Crossing 6th\10 26 04 pc memo.doc <br />