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7.2. EDSR 10-18-2021
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7.2. EDSR 10-18-2021
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City of <br /> Elk �-- Request for Action <br /> River <br /> To Item Number <br /> Economic Development Authori 7.2 <br /> Agenda Section Meeting Date Prepared by <br /> General Business October 18, 2021 Brent O'Neil, Economic Development Director <br /> Item Description Reviewed by <br /> General Updates Cal Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Item presented for information and discussion. <br /> Background/Discussion <br /> Economic Development Specialist—Colleen Eddy,who has been in this position since 2014,will be <br /> leaving her position as she accepted a business development role with DEED. Her last day will be <br /> October 26. <br /> Harvest Hills Building—There is a potential buyer going through a due-diligence period and has just <br /> started discussions with the city. The company would relocate a food manufacturing business from the <br /> metro into the facility. <br /> North Star/Tyler site—Our office has been in contact with a broker representing a manufacturer in <br /> Minneapolis looking to relocate. We have provided supporting information on the site and the potential <br /> buyer is reviewing. This is the site with the gas line easement. The site also has stormwater pipe which <br /> would require relocation to accommodate the desired building footprint for this business. <br /> Project Singularity—We received an RFI through GreaterMSP looking to site a German-based precision <br /> manufacturing company.We co-responded with Sherburne County on its large site near the government <br /> center. We have been notified that the site is one of four in Minnesota under consideration for the next <br /> round of review and have provided additional responses the questions posed about the site. <br /> Sourcel-ink—We anticipate having the software in place by November 1. <br /> Real Estate Expo—Staff will be attending the MnCAR Expo on October 27 and will have a booth <br /> showcasing properties available in Elk River. <br /> Real Estate Services—The RFP was released with responses due on October 29. We pushed it out to <br /> capture the interactions we anticipate with brokers at the MnCAR Expo. <br /> The Elk River Vision <br /> A Y�elcoming community nvith revolutionary and spirited resourcefulness, exceptional P U W E H E o s r <br /> service, and community engagement that encourages and inspires prosperity ,g /` UR <br />
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