HRSR INFORMATION 05-03-2004 - Laserfiche WebLink

Home Browse Search

Economic Development 2003 Annual Report spoken human languages. The software has a number of key applications for commercial, government, military, and personal use. In September, the EDA welcomed a new Incubator tenant, Lap2 Technology Corporation. Lap2 is a developer of high-end, integrated web server and data management software suites targeted to specific businesses, consumers, and organizations. The software suites standardize web and data management functions, which today are realized only through the use of outside consultants and custom-built, one-off web sites and databases. In 2003 staff continued to maintain a close relationship with incubator graduate, Cymbet Corporation for their anticipated expansion project in Elk River. HOUSING & REDEVELOPMENT AUTHOIUTY Housing Work Plan A Housing Work Plan was developed in early 2003 to gather information and examples of housing programs and partnership possibilities. The following presentations occurred each month to accomplish this goal: • Minnesota Housing Finance Agency • • City of Fridley • St. Cloud HRA • Central MN Housing Partnership • Tri-CAP • Habitat for Humanity • Housing stock inventory/analysis of Elk River presented by the Planning Department • Informal/non-scientific survey of Elk River manufacturers and retail/service businesses regarding housing availability and affordability issues. Downtown Revitalization Project In late 2001 the HRA developed goals and objectives for the Downtown Revitalization Project. The goal of the project is to enhance downtown Elk River as a vibrant retail, commercial and residential area and revitalize private investment downtown. Objectives of the project include retaining the traditional character of downtown, better utilize the riverfront, ensure safe pedestrian and vehicle movement, and provide sufficient parking. Following a request for proposals and interview process the HRA selected MetroPlains Development as the project developer in August 2002 and entered into a preliminary redevelopment agreement together. In early 2003 the HRA held a joint meeting with the Heritage Preservation Commission regarding recommendations of local historic significance in the downtown area. While the HPC noted many of the buildings in the downtown are of local historic significance, • the HRA directed the developer and staff to proceed with the original proposal area— including the west Brick Block(east King Avenue and the northeast corner of King and