6. EDSR 04-23-2012 - Laserfiche WebLink

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Item # 6. MEMORANDUM ver TO: Economic Development Authority FROM: Annie Deckert, Director of Economic Development DATE:. April 23, 2012 SUBJECT: .Executive Director Update The purpose of this periodic memorandum is to keep the EDA and HRA informed of various ongoing activities that often go on behind the scenes in the Economic Development Division. EDA and HRA Commissioners should feel free to bring up any questions or issues for discussion under the "Other Business".section of the Agenda. Potential Crystal Distribution- Inc. (CDILpansion At their .February 21, 2012, meeting, the City Council approved an administrative subdivision. for lot 1, Block 1, in Northstar Business Park for .the potential expansion of CDI, located on the parcel immediately south. This subdivision would result in two parcels; The northernmost of the two, is 7.33 acres, and the other is 4.8 acres. This split will occur only if CDI moves forward with their proposed expansion. Since the meeting, CDT has indicated that their plans have slowed down, and that they are unsure as to when they plan to move forward. Staff will update the EDA as more information is obtained. ~ortech, Inc. At their Apri116, 2012, meeting, the City Council approved an ordinance amendment to rezone the old Maxsun building from PUD to Business Park. Sportech will be moving into the building to increase their manufacturing, as well as add additional warehouse space. Future industrial park site identification Highlighted as a goal in the 2009-2012 Strategic Plan, staff is working to identify future sites for a potential industrial park. Economic Development staff is working with the Environmental and Planning Departments on potential wetland banking as well. Once conversations are complete with property owners regarding this matter, staff will move forward with discussions regarding potential land acquisition. The properties in question are land which would be highly desirable for a data center. rowEOEO er NA~~~~