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EDSR INFORMATION #2 03-13-2000
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EDSR INFORMATION #2 03-13-2000
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City Government
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EDSR
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3/13/2000
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City of Elk River <br /> Strategic Marketing and Sales <br /> Elk River...Where city and country flow together <br /> PRELIMINARY DRAFT <br /> City of Elk River <br /> Strategic Marketing and Sales Plan for Industrial Development <br /> Competitive Analysis <br /> Competition is significantly driven by labor force proximity: <br /> • Typical 25 mile commute, driving radius of employees (Labor Shortage Market)i.e. <br /> Best Buy's decision to locate in Richmond vs. a campus setting somewhere in the <br /> Metro area. Retaining its employees drove the decision. <br /> • Historical geographic expansion direction from inner city: Minneapolis to Brooklyn <br /> Park or Brooklyn Center to Anoka or Blaine for light manufacturing businesses <br /> The competition is identified in the North of the Norwest quadrant of the Metro area: <br /> Industrial Business Zoned Spec Metro Local Marketing Tag <br /> Land/ Parks Industrial Buildings Proximity Incentives Positioning Lines <br /> Price Avail. to Mpls <br /> Elk River 200 Acres No 35 TIF Where City <br /> 1.10/sf Tax Abat &country <br /> Loans Flow <br /> together <br /> Big Lake 70 Acres 35 TIF Gateway to Where <br /> Loan the NW Unity <br /> • Land industrial makes <br /> corridor Community <br /> Becker 20K 45 Rebates for <br /> land costs <br /> Monticello 44 TIF <br /> Loans <br /> Plymouth 40K sf 12 Yes <br /> ..Anoka/ 21 TIF <br /> Loans <br /> AEP Incent <br /> Ramsey 140K sf Yes <br /> Andover 21 <br /> Coon 21K sf 14 <br /> Rapids <br /> Maple 145K sf 16 TIF <br /> Grove IRBs <br /> Loans <br /> Albertville 35 TIF <br /> Loans <br /> Rogers TIF <br /> Ill Champlin Loans <br /> other <br /> A BluePrint For Your Success 1 <br /> ...Today and Tomorrow <br />
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