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HomeMy WebLinkAbout7.a. Discussion (Work Session) with Mel Allen on Real Estate TrendsCITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION PORT AUTHORITY COMMISSION MEETING DATE: SEPTEMBER 14, 1992 AGENDA ITEM: AGENDA SECTION: WORK SESSION WITH MEL ALLEN NEW BUSINESS PREPARED BY: AGENDA NO. JOHN MILLER, ECONOMIC DEVELOPMENT COORDINATOR 7.A. ATTACHMENTS: APPRAISALS OF MCMENOMY, PORT APPROVED BY: AUTHORITY, AND KLEVETER PROPERTIES Mel Allen will be present to review his findings in completing appraisals of the three properties. In visiting with Mr. Allen, you will find his insights in the local and metropolitan real estate market rather interesting. You should be sure to talk to him about: 1. Office space and the office market. 2. The amount of activity in Rosemount. 3. Industrial land costs. RECOMMENDED ACTION: None. PORT AUTHORITY ACTION: