HomeMy WebLinkAbout4.a. Project updatesEXECUTIVE SUMMARY
Port Authority Meeting Date: July 20, 2021
AGENDA ITEM: Project Updates AGENDA SECTION:
Old Business
PREPARED BY: Eric Van Oss, Economic Development
Coordinator AGENDA NO. 4.a.
ATTACHMENTS: None. APPROVED BY: LJM
RECOMMENDED ACTION: Information Item.
ISSUE
Previous discussions with the Council and Port Authority indicated a desire for more information
regarding completion of workplan activities. The following highlights some of the project and economic
development activities since the last Port Authority meeting.
The Morrison: Third floor sheet rock is in progress and exterior siding is being installed. Staff met with
Ron Clark and a potential tenant of the Phase II commercial portion of the development on July 12.
Further information should be made available in late summer.
Breweries: The OMNI Brewing group has hired CNH Architects to design their building and prepare site
development plans for review. They are planning to submit for zoning approvals by the end of this
month. The City Council approved BP District amendments to allow farm wineries and microbreweries in
this zone on July 13.
Dave Schmitz/North 20 Brewing has submitted plans for a building permit for a brewery located in
northern Rosemount.
Israelson property: The Met Council will be taking action on the Comprehensive Plan Amendment later
this month (this was approved late last year by the Council). Luke Israelson indicated that they have
prepared building plans and elevations for the commercial space, and that we should see a final plat
application for the first two senior apartments and commercial space within the next few weeks.
Merchants Bank site: The Council approved lot split and Major PUD Amendment on June 15th.
Rec Center: The City Council discussed the Recreation Center at the work session on June 1 and Staff
continues to work on agreements for the operations, financing, and land purchase. Legal counsel from
both parties are drafting necessary agreements to present a formal project to the City Council in the
coming weeks.
UMore Residential: Preliminary Plat and Master PUD Plan applications have been submitted and will be
reviewed by the Planning Commission on July 27th. The City, developer, and University of MN are
working through some of the regional infrastructure questions and issues.
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CDA Property: The CDA will present the sale of the Akron property to the CDA Board at the August
meeting.
KJ Walk at 2800 145th: The caretaker/community room framing is in progress.
Origination LLC: Plans are on hold for a truck load-out building.
Speedway: The foreclosure auction was scheduled for the week of July 12th and the previous owner
indicated the Shell buyer was the leading candidate to purchase the property. Once the sale is finalized,
staff expects the new owner to submit for building permit relatively quickly.
Corrigan Art Gallery: A new art gallery opened in Downtown. A grand opening and ribbon cutting was
held on July 9th.
Akron & Hwy 42: Staff is reaching out to commercial users regarding sites along Akron. Several parties
have expressed interest, especially as plans for the rec center move forward.
Spectro Baghouse: Foundation work in progress.
UMore Park Ball Fields: Submitted for building review.
Emery Acres Flower Farm: A new pick-your-own flower farm opened in June and a ribbon cutting was
held Friday, June 18th.
Canada Circle: Staff met with Nate Bry regarding new development on his Canada Circle site near CA
Gear. Interest is geared towards a smaller commercial space that would align with the original PUD.
Multi-Family: Staff continues to meet with multi-family and mixed-use developers for sites at Akron and
UMore. Interest remains high in the area and staff is working to generate interest prior to the Rec Center
becoming public.
Sunbelt Rental: Staff met with Keystone Property regarding this site. The Sunbelt Rental lease runs
through 2034; however, the owner is interested in redeveloping the property for a higher use. This would
likely have to be done in conjunction with the school district property and would involve concessions to
potentially relocate the tenanted prior to the lease. Staff is working with Dakota County to determine
future plans for the Hwy 3 and County Road 42 intersection, as any over pass would affect access to this
site, before extending talks with the school district and Keystone/Sunbelt.
INDUSTRIAL
UMore Industrial site: Staff met with two potential industrial users in July regarding potential
development on the Opus and UMore site.
Biscayne Business Park/ Cerron Commercial Properties: APRO is finishing up work on the first spec
building, which is completely leased. Staff is working to schedule a ribbon cutting for the entire building
and 3 businesses.
Rosemount Business Park: Project Osprey submitted plans for review for the July 27th Planning
Commission meeting.
Staff responded to several RFIs for the Business Park for several potential companies. Inquiries included
both greenfield development and repurposing the old Sweet Harvest building.
Opus Site: Staff met with two potential industrial users in July regarding potential development on the
Opus and UMore site. Staff also completed an additional RFI for the Opus site for an industrial user.
Scannell Project: The AUAR for the project is available for public comment – the comment period ends
on July 22. City has been working on the design of for trunk sewer serving the site and worked out an
alignment that fits the proposed site development plan. The Planning Commission will be considering a
Comprehensive Plan Amendment to change the future land use of a portion of the golf course property
from Regional Commercial to Business Park on July 27th.
MRCI: Staff is working with a buyer on moving forward with a Conditional Use Permit (CUP) that would
bring upwards of 20 office employees to the Business Park. A notable piece of the transaction is the
property transferring from a nonprofit ownership to private entity, meaning it will generate property taxes.
OTHER
Minneapolis Real Estate Journal: Staff reserved a table for the July 29th (4-6pm) Minnesota Real
Estate Journal Awards. Rosemount will have 10 seats and are able to bring the entire Port and staff. The
Rosemount Professional Building (Lorenz Clinic) has been nominated for an award in the Medical
category. This event will have 600+ real estate professionals in the Twin Cities and is a great opportunity
to promote the City’s growth plan to a large audience.