Laserfiche WebLink
INFORMATION <br /> \-i„./,,City of Elk 4.,....,. <br /> MEMORANDUM <br /> -,--. . .0„...., <br /> Ivey <br /> TO: Housing Redevelopment Authority <br /> FROM: Annie Deckert, Director of Economic Development <br /> DATE: October I, 2012 <br /> SUBJECT: Executive Director Update <br /> The purpose of this periodic memorandum is to keep the EDA and HRA informed of <br /> ongoing activities in the Economic Development Division which don't require formal <br /> action. <br /> Nature's Edge Business Center (NEBC) <br /> The final plat for Nature's Edge Business Center has been received and will be recorded at <br /> Sherburne County. Staff is working with MNDEED to begin disbursements from the <br /> $250,000 BDPI grant to assist in covering the costs for the first phase of improvements. <br /> Sanitary sewer,water main and storm sewer construction is complete at NEBC. Final site <br /> grading is nearing completion and will then be seeded and mulched. Crews expect to place <br /> the roadway aggregate base in the coming week followed by the concrete curb and <br /> bituminous paving. <br /> 2013-2016 Economic Development Strategic Plan <br /> Both the HRA and EDA authorized staff to move forward with the creation of the 2013- <br /> 2016 Economic Development Strategic Plan. Staff is working to compile information, <br /> recommendations and goals from existing plans and studies,and anticipates bringing <br /> forward for HRA and EDA review at a future work session. <br /> Granite Shores <br /> Staff attended a broker's event held by Granite Shores to discuss their commercial space. <br /> Area and metro brokers were invited to provide input and suggestions to fill the vacant <br /> space. Three brokers attended the lunch, and it was the consensus of the group that filling <br /> the space with retail and/or commercial would be extremely challenging. Their works with <br /> retail/commercial tenants indicate their desire to be along Hwy 169,not Hwy 10. They <br /> indicated that limited parking was a major deterrent and encouraged soliciting executive type <br /> office uses. The brokers also indicated Granite Shores lease space was considerably higher <br /> than all other available space in the area, and highly encouraged Granite Shores to accept <br /> and work with any and all offers they received from potential tenants. Staff provided <br /> community information, downtown parking maps and incentive information to the brokers. <br /> POWERED 6f <br /> NATURE <br />