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Agenda - Economic Development Authority - 01/08/2026
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Agenda - Economic Development Authority - 01/08/2026
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1/22/2026 9:34:13 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Title
01/08/2026
Document Date
01/08/2026
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THE COR <br />The City of Ramsey's COR is an impressive 400+ acre <br />transit -oriented and walkable urban development. <br />Strategically located near U.S. Highways 10 & 169, it <br />promotes accessibility and convenience. This mixed - <br />use area features a blend of residential, retail, office, <br />recreational spaces, and government facilities. The COR <br />aims to create a cohesive community that supports <br />sustainable living and economic growth, making it a key <br />focal point for residents and visitors. <br />In 2009, the City of Ramsey acquired The COR to transform <br />it into a vibrant urban center through a public/private <br />partnership. Nearly 50 acres within The COR is available <br />for development, with about 20 acres owned by the city. <br />In addition, 40 acres next to The COR is designated for <br />commercial and retail development, boosting growth <br />potential and attracting new businesses. This makes The <br />COR an exciting opportunity for developers and investors <br />focused on community revitalization and growth. <br />Recent Major Activity <br />• Kwik Trip (Projected 2026) <br />• Chipotle Mexican Grill (Projected 2026) <br />• Home2Suites by Hilton - 98 unit ext. stay hotel (2025) <br />• Taco Bell (2025) <br />• King Baguette (2025) <br />• Ramsey E Sunfish Lake Boulevard Exchanges (2025) <br />• Skyline on Sunwood -133-unit apartments + 10,000 sq ft <br />retail space (2025) <br />• ALDI - 20,664 sq ft grocery store (2024) <br />• Take 5 -1,860 sq ft quick oil change (2024) <br />• Waterfront Park -16.1 acres with trails, lake (2024); splash <br />pad E fishing pier (Projected 2026) <br />• Waterfront Village -108-unit detached townhomes (2024) <br />• O'Reilly Auto Parts - 7,800 sq ft retail store (2022) <br />• Gigi's Salon E Spa - 9,000 sq ft spa and salon (2022) <br />Pre-2020 COR Projects <br />• Affinity at Ramsey -174 units market -rate (55+) amenity - <br />rich housing (2019) <br />• New Horizon Childcare - 9,200 sq ft daycare <br />and preschool (2018) <br />• Greenway Terrace - 54-unit affordable housing by <br />Aeon (2018) <br />• Armstrong Boulevard Interchange (2016) <br />• Casey's Retail Co - 4,500 sq ft convenience store (2016) <br />• Parkview East -121 units of market -rate apartments <br />(2016) <br />• Metro Transit Station: connected to an 800-stall covered <br />parking ramp by skyway with service to Minneapolis <br />and MSP Airport (2012) <br />• Allina Medical Clinic - 25,000 sq ft clinic (2011) <br />• Veterans Affairs (VA) Outpatient Clinic - 40,000 sq ft <br />(2011) <br />• Midwest Medical Examiner's Office -18,350 sq ft (2008) <br />• Ramsey Office Plaza - 80,000 sq ft office and <br />restaurant (2006) <br />• Ramsey Municipal Center - 65,500 sq ft (2006) <br />• Coborn's - 95,000 sq ft anchored multi -tenant retail <br />center (2005, remodel 2022) <br />• PACT Charter Elementary School - 72,000 sq ft (2004) <br />• $3M The Draw Park & Amphitheater <br />
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