7.0. EDSR 04-14-2003 - Laserfiche WebLink

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Market Strategy, Objectives & Positioning D To establish City of Elk River as the hub for light manufacturing firms in the northwest metro region of the Twin Cities by 2005. ❑ To build out East and West Business Parks with a range of building sizes that meets the City of Elk River's design standards by 2010. ❑ To target the following Standard Industrial Classification sectors: Industrial Machinery, Fabricated Metal and Electronic Equipment. City of Elk River's Product Offering o Confidential Location Site Services o Information and knowledge of state, regional and local products and services that help an industrial client locate, grow and prosper. o Available Industrial Land o Land Acquisition Incentives o Tax Increment Financing o Tax Rebate Financing o Micro Loan Fund Analysis There appears to be confusion in the marketplace if the City truly desires industrial development. The current design standards are not written specifically for industrial development including design standards that small industrial companies can build to or willing to invest at. Also,calling the two parks East Business Park and West Business Park does not directly say to the target market,they are welcomed or if industrial firms will be compatible. For example, a small industrial client typically needs no more than 1.5 to 3 acres and a broader range of more economical building materials. There typically is not a standard industrial building style because it depends on the operating functions that are required within the building. However, small to medium-size industrial companies typically need heavy power and reliability,water capacity,heavy floor loads,no height restrictions,storage of flammable or hazardous materials and no restrictions on hours of operations. They may • need to operate three shifts. • Duckor&Associates,Inc. 3 A BIuePrint for Your Success . ..Today and Tomorrow