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5.1. EDSR 09-13-2004
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5.1. EDSR 09-13-2004
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City Government
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EDSR
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9/13/2004
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ITEM # 5.1. <br /> III City of <br /> Elk -� <br /> River <br /> MEMORANDUM <br /> TO: Economic Development Authority <br /> CC: Planning Commission <br /> FROM: Catherine Mehelich, Director of Economic Development /e <br /> DATE: September 13, 2004 <br /> SUBJECT: 2004 Semi-Annual Inquiry/Prospect Report <br /> Attachments <br /> • Inquiry/Prospect Summary:January—August 2004 <br /> • Inquiry/Prospect Tracking Report 2001-2004 <br /> • Overview <br /> Since the year 2001, staff has been tracking inquiries and prospects within a database. Attached is a brief <br /> summary of inquiries received for the first half of 2004. The attached Tracking Report indicates trends <br /> over the past 3 years in inquiry type, size and status. <br /> 2001 - 2004 Industrial Clients Status: <br /> • Active Prospects/Delays 9 <br /> o Kraus-Anderson,manufacturer 50-450,000sf build Decision Delay (2004) <br /> o Advance Resources,manufacturer 60-120,000sf build Decision Delay (2004) <br /> o Conveyor systems manufacturer 12-20,000sf build Decision Delay (2004) <br /> o Countertop manufacturer 8-12,000sf build Decision Delay (2004) <br /> o Robotics/automation manufacturer 20,000sf build Timing Delay (2004) <br /> o Machine shop expansion 40,0000sf build Decision Delay (2004) <br /> o Aeroacoustics design& fabrication 2,000-sf Financing& Site Delay (2003) <br /> o Gamesa,wind turbine manuf. 193,750-sf build Decision Delay (2003) <br /> o Cymbet Corporation 50,000-sf lease Financing&Site Delay (2002) <br /> • Located Site in Elk River 6 (cumulative) <br /> o Gradient Technology,Blaine 13,000-sf build (2002) <br /> o Orluck Industries,Dayton 15,000-sf build (2001) <br /> • o DisplaySolutions 10,000 sf lease (2003) <br /> o Lake Assault Custom Boats 5,000-sf lease space (2003) <br /> o Public Infrastructure Contractor,Rogers Purchased 20+ acres of Cascade Industrial Park(2003) <br /> o Dimensional Concepts,machining 5,000-sf lease space (2002) <br />
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