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REJournals.com -Major new industrial park planned for Maple Grove MIMNE80iA REAL ESTATE JOIJR~IAL Page 1 of 2 INFORMATION Friday June 23 2006 Welcome, Major new industrial park planned for Maple Grove signaut Maple Tree Business Center envisions 450,000 s.f., six buildings Don Jacobson Editor ~'i~k A major new industrial facility is being proposed in Maple Grove, one that its t0 ' owners hope will eventually add nearly 450,000 square feet of office/showroom ~~$t and warehouse space to one of the fastest-growing parts of the Twin Cities ~~,~; metro area. (~onfe! The first of Maple Tree Business Center's six planned buildings, a 77,000 square foot structure with 24-foot clear ceilings, was before the Maple Grove Planning l' Commission for approval in June. City officials and the local developer, Town Center Companies, are positioning the Maple Tree project a signature gateway '~ for the city into its Gravel Mining Area, which has seen an explosion of retail development in recent years. ~ f1,`2~ The city is seeking high architectural standards for the business center, which would be located at 85th Avenue North (also known as Weaver Lake Road) and ' ;n^^ s interchange with Revere Lane North, about two miles east of Weaver Lake Interstate 94. The city's planning commission tabled the project after its first appearance before them, urging Town Center to make the building's architecture more striking, as would befit an area the city wants to upgrade and turn into a gateway. ~. That's just what the owners are now doing, says Doug Uhrhammer of Town ~ • ' Center Companies, a Maple Grove-based real estate firm. , , Would you li "It's going to be upscale so it will look like an office park," he says. "We're advertise wi Learn how y going through the PUD process now, and we're going to show the city some options on the outside skin. It's at the beginning of the Gravel Mining Area, which is an area they have long-term plans to redevelop. "There are some older distribution buildings that were built around 12 years ago up there now, and they're not attractive. The city wants to have a statement made there and are looking for an upgrade, we've been able to do that so far. We're not asking for any public subsidies for this, and we've already gotten a lot of inquiries from prospective tenants." Uhrhammer says Maple Tree will be "50-50 warehouse-office space. We're aiming at 20,000 to 30,000 square foot users because we're looking at large bays with a 24-foot clear height." The city is trying to funnel that growth along corridors, and one them is the Gravel Mining Area. The area still has several active mines (some of which are http://www.mrej.com/story.cfm?Market=MN&StoryID=14217 6/26/2006 » HOME » ARCHIVES n BUBSCN4B@ > CONTACT » CONFERENCES » A BIND