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12/09/87
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12/09/87
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Meetings
Meeting Document Type
Agenda
Document Title
Economic Development Commission
Document Date
12/09/1987
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cc~ling and uniquely cc~petitive advantage. ~he ability to group all of <br />the propertie~ into an o~janized marketing Iramework with an overall plan <br />and a protective env~t assures r~sidual value to property owners and <br />businesses. ~uat approach would place ~w~y in t_he rather elite framework <br />of irnhAstrial parks versus indivi~ml ~ial sites. <br /> <br />TAR~E 8 <br />CITY OF RAMSEY, IAND SALES AND LEASE RA/I~ <br /> <br />No~ Suburban Area <br /> <br />Land Price <br /> <br />Warehouse <br />Office/Warehouse <br />Office/Showroom <br /> <br />Parcel Size <br /> <br /> 1-5 ~ 5-15 Acres 15-50A <br /> <br />$1.75-4.60 $2.25 $1o 60 <br />$1.70 $1.80 <br /> <br /> Tenant % Ratas <br />Size (Sq. Ft. ) Office Office Warehouse <br />20,000 5 2.50 <br />7,000 20-50 7.25 3.65 <br />3,000 40-75 10.00 5.00 <br /> <br />S~arce: Resolution, Inc.; T~wle Cos; Coldwell Banker <br /> <br />Transportation Implications <br /> <br />A great deal is known about conditions that will ~ =hange. Trunk Highway <br />i0 %~_11 obviously ~-e~m/n in place, as will the Burl~ Nor~duern ~Rai!road. <br />An ~.--po~ expansion is plar~ned. The a_~_a to the no~h of the <br />park is clearly es~.bli~hed as a residen~ial line. The soils and amenities <br />of t. he ~h Iake area reL~orce ~he resid~ntia! nature of ~hat .area. <br /> <br />c=ntL~ae winh L~ds~ial Boulevard beLng relocat_~_' no~h of =he new airpo, rt <br /> <br />~-~d s~parati~n of t-he r~-~]~oad '~-ac~s. The most logical location for t_hat <br />is on Ramsey BoUleva.~. Alt. hough it has some ',ranspo~on deficiancies <br />%%~-h ~ to ~he local-ion of --~hurs~on Arcade, it does becczne a logical <br /> <br />to the west. The westarly ex~_nsion will be reloca~ed to make way for t_he <br /> <br />18 <br /> <br /> <br />
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