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8.2. EDSR 04-12-2010
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8.2. EDSR 04-12-2010
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partnering with your utility company and other Energy City related information. This collaboration <br />between the ED department and Energy City gives us the opportunity to use Energy City as an <br />economic development tool. <br />EDAM serves economic development professionals throughout MN and has more than 500 <br />members who represent private enterprise, local and regional economic development agencies, <br />chambers of commerce and utilities. We anticipate approximately 100 people to attend the <br />Summer Conference. The conference will be held this year June 16th through 18th at Madden's on <br />Gull Lake. <br />MN Commercial Association of Realtors ~NINCAR) Expo -Land Development Conference - <br />October 27, 2010 <br />This year, the City will be an exhibitor at the 4`d annual MNCAR Expo. The sponsorship includes <br />a display booth at the event with an anticipated audience of 600 commercial real estate <br />professionals from across the state, City recognition in all event print and email promotion <br />materials, including media advertising distributed to over 9,000 commercial real estate industry <br />professionals, City recognition on the MNCAR website from August-October 2010 and exhibitor <br />banner and expo program recognition. This gives the City an opportunity to network and build <br />relationships with commercial brokers and realtors and market our available sites in the City. <br />Commercial/Industrial Sites Inventory <br />A site inventory has been made available on our City website through MetroMSP.com, a site <br />selector website which allows users to search for available properties based on their own <br />customized criteria. Users can locate property in Elk River to meet their needs as well as create <br />compelling proposals which include demographic and business data to provide to potential <br />prospects. MetroMSP has partnered with MNCAR to provide users with an up to date listing of all <br />MNCAR properties. Staff also receives email blasts from MNCAR members who axe actively <br />seeking sites fox clients. This tool enables us to determine market trends and help identify potential <br />prospects for our available sites. Once the City Council finalizes the 171st Focused Area Study, <br />staff will upload a transit area site onto the website for additional exposure. <br />Restaurant Efforts <br />Staff has been closely monitoring MNCAR's email blasts for potential restaurants; staff has found <br />that most often they are only looking at vacant restaurant space rather than new construction. <br />Staff intends to meet with restaurant developers about their site criteria later this year. Staff also <br />intends on using the RTA data as a direct mailing, utilizing relevant data once the RTA workshop <br />has been held. In the past months, staff has met with a few local individuals interested in <br />restaurant start-ups as well as a developer who is working on identifying potential restaurants. <br />Economic Development Social Media <br />Staff has created an Economic Development Facebook page (Elk River ED) and Twitter page <br />(E1kRiverED) to use in conjunction with our economic development portion of the City's website. <br />Being a part of social media provides us with another avenue to convey information to residents, <br />business owners and developers. <br />
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