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T <br /> HU:Bil <br /> 0 <br /> 19276 Vernon Street NW <br /> + � . Building 100,Vernon Plaza Phone (612)441-4488 <br /> --� k+y.^ Elk River,MN 55330 Fax (612)441-5835 <br /> . . <br /> 41, <br /> 6 May 1996 <br /> TO: Elk River HRA & EDA <br /> 13065 Orono Road <br /> Elk River , Mn. 55330 <br /> SUBJECT: King & Main Redevelopment <br /> We would like to propose the construction of a multi-tennant <br /> zero lot-line building on the corner of King and Main Street in <br /> downtown Elk River . The size of the building would range from at <br /> least 10,000 S.F. up to about 14 ,000 S .F. based on tennants ' <br /> space requirements and design constraints . Completed value of <br /> the building would range from $800,000 .00 to over $1 million. <br /> Construction would begin as soon as tennant committments were <br /> firm, design completed and construction lending in place . The <br /> earliest anticipated start is late summer/early fall 1996 with <br /> completion in early spring 1997 . Latest completion date is Jan 1 <br /> •1998 . <br /> Lvnd purchase of the 180 ' x 180 ' parcel would be a minimum of <br /> $20 ;1000 after buildings bought and site cleared . <br /> Th nki You <br /> i '. <br /> D-nnis Chuba <br /> e Chu Company <br /> • <br /> UNITED Of <br /> STATES <br /> NEW CONSTRUCTION& REMODELING ECLa[ _MBE. <br />