Economic Development Authority (EDA)
<br />Meeting Date: 11/08/2018
<br />By: Tim Gladhill, Community Development
<br />Title:
<br />Receive Development Update
<br />5. 1.
<br />Purpose/Background:
<br />This case is for informational purposes only. Below are several updates of potential interest to the Economic
<br />Development Authority.
<br />Notification:
<br />Observations/Alternatives:
<br />General Development Patterns - 2018
<br />[Type Amount
<br />Detached Single Family Homes 126
<br />Units173,,,,,,,,,,,,,,
<br />[Multifamily (1Building)
<br />[Industrial
<br />60000 s
<br />quare feet
<br />Commercial,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 28,000 s
<br />quare feet
<br />New Construction Val
<br />ue $35M
<br />Affinity at Ramsey (Inland Group)
<br />This 173 unit senior housing development located west of Center Street, north of Sunwood Drive is under
<br />construction. The project site was previously land owned by the City. The project encountered some minor delays
<br />due to weather conditions in early fall. Completion is planned by the end of 2019.
<br />Brookside Elementary School (Anoka Hennepin School District No. 11)
<br />This 225,000 square foot elementary school located east of Nowthen Boulevard at 170th Avenue plans to house
<br />approximately 800 students. Construction is planned to complete in time for the Fall 2019 start to the 2019-2020
<br />Academic Year.
<br />Bunker Lake Industrial Park (PSD, LLC)
<br />This proposed 60,000 square foot industrial building is planned for south of Bunker Lake Boulevard, west of
<br />Armstrong Boulevard. This is the third building in the Bunker Lake Industrial Park. Construction is for the week of
<br />November 5. The Developer needs to submit final fees and documents.
<br />Connexus Solar Farm
<br />Construction of this 17-acre solar farm and battery storage utility located south of Highway 10, west of Llama
<br />Street is nearing completion. Production is expected to begin in late 2018 or early 2019.
<br />Cottages at The COR (Centra Homes)
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