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• E1h RiverArea <br /> Chamber ofCommerce <br /> November 12, 1992 <br /> Mr. Don Heinzman, Editor <br /> Elk River Star News <br /> 649 Main Street <br /> • <br /> Elk River,MN 55330 <br /> To The Editor: <br /> Now that the busy election campaign season is finally over, Elk River citizens have the <br /> opportunity and responsibility to focus on issues of critical importance to our community's <br /> future. One such issue is Elk River's response to new business development and <br /> community growth opportunities. <br /> The Elk River Area Chamber of Commerce believes that growth of business and industry <br /> • is essential to Elk River's future prosperity. <br /> Businesses locate where there is a market for their products and services. It is the <br /> community's responsibility to identify the most appropriate locations within the city to <br /> accommodate the future business investments which are responding to market demands. <br /> The proposed commercial development between Highway 169 and Jackson Avenue is a <br /> good example of business responding to the marketplace. As a rapidly growing city <br /> located in one of Minnesota's fastest growing counties, Elk River is in the enviable <br /> position of becoming a destination shopping center for a significant trade area if major <br /> retailers decide to invest in our community. <br /> We believe that expansion of retailing is essential for the long term viability of our existing <br /> retail businesses. The recent program sponsored by the Elk River Economic Development <br /> Authority (EDA) presented the research of Kenneth E. Stone, Ph.D. which shows that net <br /> retail sales continue to grow after a mass merchandiser such as WalMart comes to the <br /> community. More store choices, greater variety, and a commitment to customer service <br /> will encourage area residents to shop locally. The alternative is to discourage business <br /> investment in Elk River and to shun the convenience, new jobs, and increased tax base that <br /> new commercial development would bring to our city. <br /> • <br /> 729 Main Street • Elk River, Minnesota 55330-1595 • (612) 441-3110 <br /> "Building a Better Community Together" <br />