HomeMy WebLinkAbout20240220 MinutesROSEMOUNT PORT AUTHORITY
REGULAR MEETING PROCEEDINGS
FEBRUARY 20, 2024
CALL TO ORDER/PLEDGE OF ALLEGIANCE
Pursuant to due call and notice thereof, a regular meeting of the Rosemount Port Authority
was held on Tuesday, February 20, 2024, at 6:00 PM. in Rosemount Council Chambers, 2875
145th Street West.
Chairperson Essler called the meeting to order with Commissioners Freske, Essler, Theisen and
Beaudette. Commissioner Klimpel and Weisensel were absent.
ADDITIONS OR CORRECTIONS TO AGENDA
Motion by Theisen Second by Freske
Motion to approve agenda.
Ayes: 5.
Nays: None. Motion Carried.
CONSENT AGENDA
Motion by Ober Second by Theisen
Motion to approve consent agenda.
Ayes: 5.
Nays: None. Motion Carried .
a. Minutes of the January 16, 2024 Regular Meeting
CHAIRPERSON’S REPORT
None.
REPORTS FROM PORT AUTHORITY COMMISSIONERS
Commissioner Ober shared a recent article she saw which highlighted Restaurant Week in
Eagan. Commissioner Ober suggested this event to be a good way for restaurants to showcase
certain menu items and a way to get customers in the door. Staff stated Rosemount has not
done anything like this, except for during COVID (bingo cards) and the Food Truck Fest where
local restaurants with mobile trucks may participate.
NEW BUSINESS
a. Hotel Market Dynamics
Economic Development Coordinator Van Oss introduced Chris Flagg of TPI Hospitality,
who presented the latest hospitality trends. Mr. Flagg noted there are 8 submarkets in
the greater Minneapolis area. The submarket for Rosemount is Eagan/35E South area,
noting this submarket is 4th in size however ranked 8th in performance and stated the
market has not yet come back to the market standards prior to Covid.
Mr. Flagg stated when it comes to having a hotel in the south, there are limited
primary demands, a glut of new supply in Bloomington and Rosemount is too far away
to capture compression nights from Minneapolis and Minneapolis area. The south
metro is missing a demand generator; i.e. Blaine international sports complex.
Mr. Flagg further discussed the next steps to take to determine the hotel needs in
Rosemount; order a feasibility report, encourage high amenities, mixed-use
developments, consider subsidizing projects that induce new hotel demand, i.e.
Regional sports complex, convention center, entertainment district and to build a hotel
for Monday-Thursday business and not just for the weekends.
b. Minnesota MedTech Hub
Economic Development Coordinator Van Oss explained the Greater MSP region was
designated as one of the leading technology hubs in the U.S. through a national
competition run by the U.S. Department of Commerce. The “Minnesota MedTech 3.0”
effort builds on existing strengths to create a medical device ecosystem that is even
more connected, more strategic and “smarter” by incorporating cutting-edge
technologies, such as artificial intelligence, machine learning and data science. Staff
wanted to bring the awareness of the hubs to the Port Authority as staff is in the
discussions of the steps to continue to drive the opportunity.
The continued membership with Greater MSP puts Rosemount in a greater position
especially being Rosemount has a Port Authority.
OLD BUSINESS
a. Project Updates
Economic Development Coordinator Van Oss highlighted the Rosemount Expo and noted
there is no additional activity on the Isrealson Property at this time.
DISCUSSION
None.
ADJOURNMENT
There being no further business to come before the City Council at the regular council meeting
and upon a motion by Essler and a second by Freske the meeting was adjourned at 6:56 p.m.
Respectfully submitted,
Erin Fasbender
City Clerk