7.1. EDSR 08-18-2014 - Laserfiche WebLink

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Noodles and Company- Remodeled vacant property off of Hwy 169.The completed remodeling project equated to approximately$10,500 of taxable value. Midwest Mini-Storage- Recently completed construction of two new mini-storage facilities totaling 10,020 sq.ft.The completed project will equate to approximately$185,000 of taxable value. Alliance Machine—Completed a 17,200 sq ft manufacturing expansion.The completed project added $625,000 of taxable value. Elk River LLC- Recently remodeled the old vacant Saxon Auto sales office located on Hwy 10 into a medical office clinic.The project will add approximately$271,200 of taxable value and filled an existing building that had been sitting vacant for several years. Ralphie's Victory Lane—Purchased and remodeled a vacant building into a convenience store.The completed remodeling project equated to$30,600 of taxable value and fills an existing property that had been sitting vacant for several years. Big Lake Commons of Big Lake—Completed construction of a 13,440 sq.ft. retail center.The property currently has two tenants, a dentist and a hair salon.Approximately 75%of the building is available for lease.The completed project will equate to approximately$950,000 of taxable value. Cargill—Began construction of a 4,740 sq.ft.warehouse expansion.The project will add an estimated $185,000 of taxable value. Kelco—Purchased, remodeled and constructed a 24,724 sq ft manufacturing facility.The completed projects added $384,300 of taxable value and filled an existing property that had been sitting vacant for several months. Dill Dental—Constructed a new 3,530 sq ft dental office facility.The completed project,which was built on a previously exempt vacant site,added $559,600 of taxable value. Big Lake Township Govesco Properties—Completed construction of a 2,618 sq.ft. mini-storage expansion.The project will add approximately$28,500 of taxable value. MLBL—Completed a 12,794 sq.ft. office remodel and expansion.The completed project equated to $315,000 of taxable value. Becker Raking LLC—Began construction of a new 3,120 sq.ft. retail facility on Hwy 10.The project has an estimated cost of$84,000.