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12/07/95
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12/07/95
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Meetings
Meeting Document Type
Agenda
Document Title
Economic Development Commission
Document Date
12/07/1995
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The Ramsey Business Letter <br /> <br />RAMSEY BUSINESS NEWSLETTER <br /> <br />This is the fa'st issue of a periodic City of Ramsey <br />business newsletter. This project is being started <br />because the City Council is focusing its attention <br />on the growth and development of the business <br />community. This focus has resulted in the <br />purchase of over 100 acres of prime commercial/ <br />industrial property. This property will be used for <br />the development of a high quality industrial park <br />area. The City has completed the construction of <br />two roadways to service a portion of this property <br />and h as already sold offfour lots from its holdings. <br /> <br />The combination of this property purchase and <br />business visitations has led to an increase in the <br />number of commercial/industrial properties <br />developed. Along with 1995 and currently <br />pending projects, the City has benefitted by the <br />construction of the Rarnsey Commercial Park <br />Business incubator of over 26,000 square feet, <br />with two future phases to bring it to over 70,000 <br />square feet and the Detail Tool and Engineering <br />building of 13,000 square feet in 1994. The long- <br />term outlook for additional construction is also <br />very strong with the City currently discussing <br />development opportunties with additional <br />business concerns. This development will be <br />anchored by the construction oftheAnokaElectric <br />Cooperative Headquarters in the west and the <br />new Business Park in the east. <br /> <br />As additional developments occur in the future <br />they will be highlighted in this newsletter <br /> <br />Future Topics <br /> <br />If you have ideas for articles in future editions of <br />the Business Letter please contact Jim Gromberg <br />at 427-1410. The City of Ramsey reserves the <br />right to determine what may appear in this <br />newsletter. This newsletter is read and obtained <br />with the understanding that the information <br />presented is from varied sources from which there <br />can be no warranty or responsibility as to accuracy <br />or completeness. <br /> <br /> Mayoral Minute <br />Welcome to the first Ramsey Business Letter. This <br />document is completed by the City of Ramsey to <br />help bridge the gap between the City and Local <br />Businesses. <br /> <br />In the past year, the City has seen many changes, <br />including the election of new members to the City <br />Council, the beginning of the wide-scale <br />development of the City's commercial/industrial <br />area, and the continued growth of existing <br />businesses. This development will lead to the <br />ground breaking of over 300,000 square feet of <br />industfial/comercial building space during 1995. <br /> <br />Included in the above are Anoka Electric <br />Cooperative (AEC) Headquarters, Carbon Product <br />Technology, Command Corporation, Rum River <br />Plaza Expansion, and Wendells, Inc. Since 1991, <br />business expansion will create an additional tax <br />base of over $18 million for the City of Ramsey. <br />This development has also led to the creation of <br />additional jobs in the City. This is illustrated by <br />Wendell's hiring 7 new employees from the area <br />even before the new facility opened in July. This <br />trend is one of the goals of the new development in <br />the City, to allow for area residents to have living- <br />wage jobs close to home. <br /> <br />This growth should continue as the City has <br />purchased industrial property located east of S un fish <br />Lake Blvd and south of Industry Avenue (CR <br />gl 16). This ownership allows the City to develop <br />unique ways to assist in the construction of new <br />facilities. The land available for development has <br />been expanded by the approval of the AEC Energy <br />Park to be located to the south of the AEC <br />Headquarters at the corner of Ramsey Blvd. and <br />County Road gl 16. Together, these two business <br />parks encompass the majority of the area located <br />between the City of Anoka and Ramsey Blvd., <br />south of County Road #116. (continued page 2) <br /> <br /> <br />
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