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• City of Elk River <br /> Strategic Industrial Marketing Plan <br /> Elk River...Where city and country flow together <br /> Competition <br /> In the short term, Anoka-Ramsey is the most serious competitor of the <br /> Highway 10 corridor, which includes City of Elk River, Big Lake, and <br /> Becker. In the competitive 94-corridor which includes the City of Rogers, <br /> Albertville and Monticello, the most critical competitor is the City of <br /> Rogers. Long-term competition will most likely come from Otsego and <br /> possibly Dayton. <br /> It will be necessary to monitor the competition once the City of Elk River <br /> launches its plan. It just may motivate the others to become more <br /> competitive in the area. <br /> Perseverance & Patience <br /> Location site decision timeframe ranges from three to twenty-four months. <br /> The build-out timeframe for both West and East Business Parks is estimated <br /> to be at least ten years. It is important that the City, City Council, <br /> Economic Development Authority and community nit understand the <br /> o need to maximize the asset value of these parks <br /> o timing of the build-out, and <br /> o need to be patient to selectively, attract high growth, light <br /> manufacturing businesses. <br /> The City of Elk River is well positioned to be the Northwest metropolitan <br /> region's hub for light industrial businesses and capture its share of the <br /> business growth. If, and only if, the city implements and manages the plan <br /> and is proactively patient for the type of manufacturing growth that will <br /> yield the greatest economic multiplier effect on its local economy. <br /> Duckor&Associates, Inc. <br /> A BluePrint For Your Success <br /> ...Today and Tomorrow <br />