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Agenda - Council - 09/13/2016
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Agenda - Council - 09/13/2016
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3/17/2025 3:52:28 PM
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10/26/2016 8:24:53 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
09/13/2016
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_, <br />Platinum 4Properties <br />Group, Inc. <br />143 Jasper Industrial Park <br />Platinum Properties: <br />Platinum Properties Group, Inc (PPG) is Minneapolis based Commercial Real <br />Estate Company in the business of developing and investing in Industrial and Retail <br />properties in Minnesota, New Mexico and Florida. Jeffrey D. Hagen is the CEO/Pres. <br />And owner of PPG. Mr. hagen and his associates are current members of National <br />Association of Industrial and Office Parks (NAIOP), Certified Commercial Investment <br />Member (CCIM), Minneapolis Shopping Center Association (MSCA), and Mr. Hagen is <br />a Graduate of the Realtors Institute (GRI). He and his partners are excited about making a <br />substantial investment in the City of Ramsey, for an industrial project which will include <br />as its main tenant "Adrenaline Sports" a Minnesota sports complex. <br />The Project: <br />This two building office/warehouse will be located off of 143rd Avenue Northwest <br />and Jasper Street Northwest, Ramsey. It's location and access to Highway 10 is <br />tremendous! The buildings in total will be 123,840 square feet with a 24-foot clear <br />ceiling height, and built on 9.36 acres. The depths of the two building will differ to <br />accommodate small to large users. Building A will be a total of 72,000 square feet and <br />will have 72-foot column spacing and a bay depth of 200 feet specifically for "Adrenaline <br />Sports Center" and their use of 40,000 square feet of space. <br />Building B will have a 50-foot column spacing and a bay depth of 144-feet, which <br />would afford it smaller square foot bays. This will allow the project to handle small and <br />large users. <br />Timing: <br />The Project would begin immediately after City approval, obtaining financing <br />commitments and an executed Lease with Adrenaline Sports. We anticipate completed <br />construction and occupancy in August 2017. <br />
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