5.2. SR 01-11-1999 - Laserfiche WebLink

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01/07/99 THU 10:34 FAX 904-MAINSTREET III 002 . DRAFT DRAFT Elk River Where city and country flow together... LOGO City Planner - Position Profile The Community The City of Elk Biver is located on H-,vys. #169 and #10 wirhin a thirty minute drive time to the Twin Cities metropolitan area. or to St. Cloud. The City is situated at the confluence of the Mississippi River and the Elk River creatine a peaceful setting for 17,000 residents. Elk River serves as the county seat of Sherbume County. Sherburne County is currently one of the fastest arowiDz counties in the State of Minnesota. COMMERCE AND DEVELOPMENT . Tbe City's historic downtowD. is active and vital with retail and b~ serving customers from Ellc River and the surrounding areas. In addition, substantial cnmmncial and retail development has taken place along the H"tghway 169 corridor and the Highway 10 corridor. There is excellent potential for additional retail and industrial development. Several industrial sites are located adjacent to major transportation links and house a variety of industries. Great River Energy is the City's largest taX payer, employing SOO workers and S\lpplying electricity to 15 distribution cooperatives in Minnesota and Wisconsin. In 1988, the company constructed a receiving and storage builciing which bas since become part of the Anoka County :Resource :Recovery Facility. Municipal solid waste is brought to the facility from five counties and recycled ot processed for fue.l.. A $2.2 million expansion of the plant was completed in 1993. Numerous manufacturing companies are located within the City's seven industrial parks with capacities of up to 120-acres. The Elk: River Industrial Park covers SO-acres and is fully developed. A new business park of over 40 acres will be developed in 1999. Over the past seven years. annual commercial and industrial constIuction values bave been approximately SlO.5 million. In 1994, in:fnlstructure improvements supported the development of a 310,000 square foot retail center on a 52-acre site. Tenants include Target, Cub Foods, Taco Bell, First National Bank of Elk River, and NolW'est Bank.. A more recent development is Hillside Crossing - a 14-acre commercial !tite housing Sax Food and Dru~. A 160,000 squ.are-foot Mtmards, Applebee's Rtstaurant, Holiday Gas Station and Convenience Store, and a second building for L&W Liability Co. have recently been consb:Uctec1. An. additional 300,000 to 500,000 square feet of retail space is anticipated to be available by 2000. . Recent expansions have occurred at Time Out Sports Bar and RestaW'BIlt, In4~peI1dent School District 728, Central Lutheran Church, Fairview Hospital and Healthcare Services, Sherbume County Courthouse, Bank of Elk River, and the Guardian Angels nursing facility. A commercial center was constructed between ilie Holiday Store and Applebee's. Industrial expansions have occurred at Shiely Masonry. E&,O Tool and Plastics, Morrell Transfer, Barton Sand and Gravel, Metropolitan Gravel, Weicht and Associates, and Plaisted Companies.