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5.0. EDSR 07-12-2004
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5.0. EDSR 07-12-2004
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7/12/2004
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• <br /> ILPFOGOESSARTNERch <br /> \ City ofElkt-, <br /> RiverJuly 2004 he Light Industrial Hub of the Northwest Metro <br /> Farmland will now grow businesses <br /> SEEDS OF SUCCESS HAVE BEEN SOWN AT ELK PATH BUSINESS CENTER <br /> seat of Sherburne County,one of <br /> •_' f the nation's fastest-growing <br /> ,,•:-IV .-. -- _••':' _ __�_ = ;j�� counties. That puts the spotlight <br /> - 3' Court Cnurt'House <br /> ' ; r pr } ty "- on the Wilson property which,at <br /> - J-`—( – eSs Dente ,7t,',1,--,.� , .. more than 93 acres,is one the <br /> � : . _ <br /> 4;+�=-~ o"sin `�°' " community's largest remaining <br /> SITE n undeveloped parcels for business <br /> 5.j,.. �' :Y.5wr s0 park users. <br /> ` •. FS "Elk River is a big and bursting <br /> mISsissippi Rd Mw l . ;:. community,"says Mr.Wilson,who <br /> •• r• - sees the growth firsthand as a vice <br /> ¢ �-g president with The Bank of Elk <br /> River and as the chair of the city's <br /> II <br /> �` = _ '—. Nom'' �: .3' ,��_ r �`r`' Housing and Redevelopment <br /> Authority. It's no longer an <br /> Mississippi River `" ' <br /> v �' �' unknown quantity. There are lots of <br /> Photo courtesy of folliers Tuley Martin Tucker things happening here." <br /> Elk Path Business Center offers one of the largest undeveloped industrial sites in the The property has been christened <br /> northwest metro area. Elk Path Business Center,Business <br /> Center Drive has been constructed <br /> Elk Path features: to ease access,and all needed <br /> LiLand that has historically <br /> nfrastructure has been extended, <br /> grown corn,wheat and soy • easy access to major providing electric,water,gas,sewer <br /> eans will soon be sprouting transportation routes; and fiber optic service. <br /> a new crop:commercial,office/ • flat,buildable lots; "It really has great location,"Elk <br /> showroom and manufacturing • access to all needed River Mayor Stephanie Klinzing <br /> infrastructure;and says."It has great visibility and easy <br /> businesses. <br /> • competitive land costs. access off of Highway 10" Golfers <br /> Elk Path Business Center,at will appreciate that Elk Path is also <br /> the southeast corner of the Stewart T.Wilson is part of a right across 182nd Ave.N.W.from <br /> family partnership that has owned Pinewood Golf Course,the Mayor <br /> intersection of U.S.Highway 10 the land since the mid-1960s. A <br /> and Waco Street in Elk River,is ripenotes. <br /> p "greenfield"site in the true sense "I think what Elk Path Business <br /> for development. All needed of the word,the property has been Center really offers is flexibility," <br /> infrastructure is in place and,as used as a horse pasture and rented adds Chris Pendroy,CCIM,a senior <br /> • the largest undeveloped light to farmers during the years. <br /> g passociate with Colliers Towle Turley <br /> industrial site remaining in Elk More recently,however,city Martin Tucker,which is marketing <br /> River,Elk Path would be ideal for officials approached the family the property. Although there is <br /> with another <br /> type of growth in plenty of space for a large user, <br /> a large corporate campus or majorthe land could also be used for a <br /> manufacturer. mind.Elk River happens to be the <br /> continued on page 2 <br />
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