HomeMy WebLinkAbout02-26-13#f1k • L le
AGENDA
Economic Development Commission
February 26, 2013 — 4:30 p.m.
City Hall, Marion Conference Room
1. Call to order
2. Approval of January 22, 2013 minutes
3. Review of Proposed Amendment to the ImageTrend Contract for Private Development.
4. Presentation of 2012 Economic Development Annual Report
5. Update on Business Marketing Strategy Implementation Project
6. Directors Report
7. Adjourn
Attachments
January, 2013 Building Permit Report
Open to Business Kick -off Event Flyer
"DEED chief: Tax plan will help," Minneapolis / St. Paul Business Journal, February, 19, 2013
"Senior Housing boom sweeps metro area," StarTribune, February 19, 2013
I No.
CITY OF LAKEVILLE
ECONOMIC DEVELOPMENT COMMISSION
MEETING MINUTES
January 22, 2013
Acting Chair Starfield called the meeting to order at 4:30 p.m. in the Marion Conference
Room at City Hall.
Members Present: Comms. Longie, Brantly, Emond, Starfield4i-,Tushie, Schubert, Ex-
officio member Chamber of Commerce Executive Director To 4bornhauser, Ex- officio
member Mayor Matt Little, Ex- officio member City Administra #or Steve Mielke.
Members Absent: Comm. Vlasak, Smith, Matasosky "ib conf4r ce call).
Others Present: David Olson, Community & Ecdn6mic Development Director; Adam
Kienberger, Economic Development Specialist fiett Altergott, Parks & Freation
Director; Dan Licht, TPC Planning Consultant,
2. Approval of November 27, 2012 meeting
Motion Comms. Emondf8bbilbert move&4b approve the minutes of the
November 27,
�12 eng as presented. Motion carried
unanimously.
3. Review of Commercial %Industrial P ar k Dedicatio A nalysis
Mr. Licht pressed the m0mo outlir ag the results of a study conducted by
appraisal constant Patchir��lessner [add & Brumm. The City Council engaged
the consultatioh df. appr aise establish an average fair market value
for undeveloped c0�m pr`c�p k "arttl a separate average fair market value
�:; ,:. .�ti� � s
for induct a ifbrooerties��=..,
W "Licht concludbd by stafiri that the City currently charges much less than what it
is owed to under 66trent Std Statute. He also noted that the Parks, Recreation,
an Ural ResourcesCommittee recommended keeping the park dedication fees
at thei►•trrent levelsr commercial and industrial development and increasing it
by 5% if X2014 e Planning Commission recommended the fee remain
unchanged evaluated as part of the annual budget process. Mr. Licht
added that toy ce economic development goals and parks goals, City staff is
V
recommending tie current park dedication fee stay at its current level and be
reviewed next year.
Comm. Tushie asked how the full park system will be built out if the current park
dedication fee is less than what is needed to fund the current planned build out.
Mr. Licht responded that it would be funded with a combination of park dedication
fees, general fund property taxes, and possible bond funds from any future
referendums approved by the voters.
Economic Development Commission Meeting Minutes, January 22, 2013 Page 2
Comm. Starfield noted that it's important to balance the park system versus
competitiveness. How does Lakeville compare to other ex -urbs such as Lonsdale?
He noted that Farmington currently conducts an appraisal by parcel to determine
park dedication fees.
Comm. Tushie responded that the average appraisal method is a good method and
allows the City to establish a maximum fee amount that can be leveraged via the
statute.
Chair Matasosky (via conference call) stated that the market should come into play
to establish the fee floor. The cap is established by the, ve"fage appraisal method
under statute. All development fees should be studied:�s` it relates to the cost of
doing business in Lakeville to ensure a competitive d&,W' o` pment environment.
Comm. Tushie responded that with a
developed, there needs to be a secure fu
other development fees, but need to acl
built out and that comes at a cost. One
has always had was its parks and the qua
has been noted by the EDC and the City
to become more competitive ort,fees.
substantial amount xef parks still to be
id ng source to pay fatiit,. We can look at
nbWl`edge that the parks ;still need to be
of the longstanding advaritaes Lakeville
lr of it school. This strategid`advantage
sf se focus on this while striving
Comm. Emond recommended
levels and be reevaluated next
dedicado"'n fees remain at their current
Comm. Tushie notes thafidden" # often are road improvements needed for
develo ment r. ec #s
Chair Matasos r ; added the these imokts are often from the County and that
Lakeville should' htinue off` ini`d4te for Ohange in County road policies.
N
Moh r orni Tushie/Emond moved to recommend that the park
dbdicati6ft ;fi ee for commercial /industrial development remain the
same andlobal view of all development costs in Lakeville in
comason tc other cities in the region be prepared for the next
TMx budgo4nalysis. Motion carried unanimously.
Mayor Little added that it could be debated who Lakeville competes with depending
on the develo i en broiect.
Comm. Tushie noted that it can be tough to identify, but in general Lakeville
competes with cities such as Burnsville for commercial projects, and cities such as
Farmington or even Wisconsin for industrial projects. Comparisons will vary based
on the type of development.
Mr. Mielke added that the City can utilize fee reductions and incentives based on
the competition for each individual project.
Economic Development Commission Meeting Minutes, January 22, 2013 Page 3
Mr. Bornhauser noted that the Comprehensive Parks Plan should be reviewed and
reevaluated if we can't truly "afford" it.
Mr. Mielke responded that there is a revised draft 2012 Plan but the Council wants
that review to come after the Visioning Plan currently underway.
4. Review of Proposed Tax Abatement Policy
Mr. Olson reviewed the EDC memo outlining the proposed tax abatement policy.
He provided an overview of the recommended objectives and policies for the use of
tax abatement and noted its similarities to the recommended TIF policy.
Comm. Emond inquired if there have been projects tha; 'have recently requested
assistance.
Mr. Olson responded that there have been several recent reqts for assistance.
z
The EDC discussed the differences betwee,,hAax abatement and TIF -.and how there
needs to be a public benefit demonstrated'`Prior to granting a tax abatement. They
also went on to clarify how this will be ' Iisbd ! as ar � n ntive or aasis ice versus
calling it a subsidy. `= a
Mr. Olson noted that it is pr 6nt��to conduct -Abe diligence of each individual
application for assistance but 4-I0s is� tool that cap .be used as an incentive to
attract business growth.
Mr. Mielke added t� hut- for" test ,,,r public assistance will be a City Council
decision based on'I "he' individual prole s'merit.
Comm. Tush[b oncluded hat the more, tools the City has in its toolbox for
businesses, the k efter posrtrort s` re in ��
Motr omens Tushie /Brantly moved to recommend the draft Tax
�C _
ate me+`t =policy be forwarded to the City Council for approval.
' 10 carried, unanimously.
5. Discos n of Recenity Council Actions
Comm. gie requested clarification on how the EDC motions are forwarded on to
the City Co#tcil
Mr. Mielke respdrided that the Council receives copies of all minutes from boards
and commissions on a regular basis, as well as discusses recommendations at
work sessions.
Comm. Longie inquired about a recent approval of CDBG fund allocation by the
City Council and why it was not brought to the EDC prior to approval.
Mr. Mielke responded that not all CDBG activities are within the purview of the EDC
and that the Council decision this year was on appropriating funds for public
improvements and housing initiatives.
Economic Development Commission Meeting Minutes, January 22, 2013 Page 4
6. Update on Business Marketing Strategy Implementation Project
Mr. Kienberger provided an update on the recent activities related to the
implementation of the business marketing strategy.
Comm. Brantly noted that at the Marketing Partners meetings the establishment of
joint branding elements worked well together. The partners are currently working
on defining joint purposes to guide the group for future meetings.
Comm. Starfield asked about targeted benchmarks of the Business Marketing
Strategy. ..
Mr. Olson responded that the Economic Developmen f' Annual Report will be
presented at the February EDC meeting. k
7. Director's Report
Mr. Olson reviewed the Director's Report d "fioted that th€ flpen To Business
program is getting ready to launch, and that_:kuusiness advisor Laucie_-Crow will have
regular hours at Lakeville City Hall to m6+ #with people, interested m ;ceiving small
business counseling.
8. Adjourn
Meeting adjourned at 6:00 p.m.
Respectfully submitted.by:
Adam
'UM��0.
City of Lakeville
• Community & Economic Development
Memorandum
To: Economic Development Commission
From: David L. Olson, Community and Economic Development Director
Copy: Steven Mielke, City Administrator
Adam Kienberger, Economic Development Specialist
Date: February 22, 2013
Subject: Review of Requested Amendment to the Contract for Private Development with
ImageTrend
In August of 2009, the City Council approved a Contract for Private Development that
authorized the sale to ImageTrend of a City -owned 3.39 acre lot adjacent to their existing
building located at 20855 Kensington Boulevard in the Fairfield Business Campus. The
Contract established a sale price of $627,589 for the property. The terms of the Contract
called for one third of the sale price to be paid by ImageTrend at the time of closing. The
remaining two thirds of the purchase price would be forgiven if ImageTrend completed their
first expansion by the end of 2011 and the second phase was required to be completed by
the end of 2013. The total of the two expansions is required to be a minimum of 50,000
square feet. The contract also required that ImageTrend create a minimum of 21 additional
jobs.
As the attached letter from Mike McBrady of ImageTrend indicates, the company completed
their first phase expansion of 27,000 square feet by the end of 2011 and has created 46 new
jobs which is more than double the number required under the contract. ImageTrend has the
capacity to add an additional 100 employees in their existing building over the next three
years. Mr. McBrady will be in attendance at Tuesday's meeting to provide additional
information on his company.
Based on this hiring curve, ImageTrend will not need additional office space until the end of
2015 and as a result are requesting an amendment to the current Contract for Private
Development to extend the completion date from November 30, 2013 to December 31, 2015.
At this point, ImageTrend will have completed their second phase expansion and will have
the capacity to grow to 300 employees by 2018.
ImageTrend is one of the fast growing companies in Lakeville and has met and will continue
to far exceed the original job creation goals that were put in place in the 2009 Contract for
Private Development. Staff recommends approval of this contract to extend the completion
date for the second building expansion phase to December 31, 2015.
Action Requested: Staff is requesting a recommendation from the EDC to the City Council to
amend the Contract for Private Development with ImageTrend to extend the completion
date of their Phase B expansion from November 30, 2013 to December 31, 2105.
February 19, 2013
David Olson
Community & Economic Development Director
Lakeville City Hall
20195 Holyoke Ave.
Lakeville, MN 55044
Re: Contract for Private Development dated August 3` 2009
Dave:
As you remember in August of 2009 ImageTrend entered in a Contract for Private
Development with the City of Lakeville. At the times we owned and occupied the 33,000
sq. ft. of office space that housed our nearly 100 employees.
The contract was entered into with the understanding that ImageTrend would continue
doing business and grow here in Lakeville. We have done just that and plan on
continuing. We have increased of employee base from 100 to 146. This nearly twice the
jobs we agreed to in the original Contract for Private Development agreement. We
invested in a 27,000 square foot addition to our building at a cost of over two million
dollars. This completed the Phase A requirements of our agreement.
Our original Contract for Private Development agreement stated that our Phase B 20,000
sq. ft. construction would be done by November 30, 2013. As we look to the future and
our growth rates below is how we see ImageTrend growing over the next five years.
• We have space for another 100 employees in the present 60,000 sq. ft. building.
• With our hiring curve that should take 3 years to fill the building to capacity.
• We would plan our second Phase B building in 2014 in excess of 24,000 sq. ft.
• We would construct the second Phase B building in the summer of 2015.
• Upon completion prior to December 31 2015 we will have fulfilled our Phase B
obligations completing our agreement.
• We would move in late 2015 — early 2016.
• We would have the second building fully occupied in 2018 with about 300
employees.
We are asking the City of Lakeville for an amendment to our building Contract for
208 5 5 KENSINGTON BLVD
L A K E V I L L E, M N
TEL- 1 .952.469 ..... .1 5B9 7119 1 M A G ETRENDINC .
FAX - 1 . 9 5 2. 98 5. 567 1
W W W. I M AG E T R E N D. C O M
Private Development agreement to accommodate these plans. This simply extends our
Phase B completion date from November 30, 2013 to December 31" 2015. Let me know
what the next step may be.
Best Regards,
T
M}ke McBrady
ImageTrend, Inc.
208 5 5 KENSINGTON BLVD
L A K E V I L L E, MN 55044
TEL- 1. 9 5 2. 4 6 9. 1 589
FAX - 1 . 9 5 2. 9 8 5. 5 67 1
IMAGETREND
W W W. I M A G E T R EN D. C 0 M
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City of Lakeville
Community & Economic Development
Memorandum
To: Economic Development Commission
From: David L. Olson, Community and Economic Development Director
Copy: Steven Mielke, City Administrator
Adam Kienberger, Economic Development Specialist
Date: February 22, 2013
Subject: 2012 Annual Report on Economic Development
The 2012 Economic Development Annual Report will be presented at Tuesday's meeting.
Copies of the report will be distributed at the meeting. This report was presented to the City
Council at their February 19' meeting.
0 30 No. �
N T 5 5 r k � e!itlze
INNOWWWWOW
City of Lakeville
Community & Economic Development
Memorandum
To:
Economic Development Commission
From:
Adam Kienberger, Economic Development Specialist
Copy:
Steven Mielke, City Administrator
David L. Olson, Community & Economic Development Director
Date:
February 22, 2013
Subject:
Business Marketing Strategy Update
The Marketing Partners group is meeting on February 26' to discuss joint goals for the group
along with implementation timelines for group projects and ideas. The group will continue
to explore additional joint marketing opportunities in the coming months.
2012 resulted in a variety of activities occurring as a result of recommendations of the
Business Marketing Strategy. Just under $9,400 was spent on marketing efforts for 2012.
Expenses included pull up banners that are used to promote Lakeville at trade shows,
promotional items for shows and special events (pens /water bottles etc.), exhibit
sponsorships and booths, and miscellaneous web and graphic design services. Similar
expenses are projected for 2013.
The City is also preparing to launch Facebook pages to increase its visibility to expanding
audiences. Social media within economic development will be a major focus of the Business
Marketing Strategy for 2013.
Action Requested: No action is necessary. The above is intended to be an update on the
progress of the implementation of the approved Business Marketing Strategy.
ft N o.
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Lakeville
�■■■�r
"meow
City of Lakeville
Community & Economic Development
Memorandum
To: Economic Development Commission
From: David L. Olson, Community and Economic Development Director
Copy: Steven Mielke, City Administrator
Adam Kienberger, Economic Development Specialist
Date: February 22, 2013
Subject: February Director's Report
The following is the Director's Report for February, 2013.
Building Permit Report
The City has issued building permits with a total valuation of $7,432,458 through January.
This compares to a total valuation of $6,567,757 through January of 2012.
The City issued commercial and industrial permits with a total valuation of $202,750 through
January compared to a total valuation of $1,555,000 during the same period in 2012. The City
has also issued permits for 22 single family homes through January with a total valuation of
$6,914,000. This compares to 13 single family home permits through January of 2012 with a
total valuation of $4,049,000.
Open to Business Program Update
A kick -off event for this program is planned for February 28t at the Burnsville Performing Arts
Center. Attached is a flyer for this event. Please let Penny know if you wish to attend this
event, and we will get you signed up.
As the attached flyer indicates, Laurie Crow who is the MCCD staff person assigned to Dakota
County will begin her regular hours in Lakeville on Tuesday, February 26' from 1:00 to 3:00
p.m.
City Council Work Session
The City Council will be discussing the Commercial / Industrial Park Dedication Ordinance
recommendation from the EDC and Planning Commission and Parks and Recreation
Committee at their February 25' Work Session. The Council will also be discussing the Tax
Increment Financing (TIF) and Tax Abatement policies that were recommended by the EDC at
this Work Session. An update will be provided at Tuesday's EDC meeting on these
discussions.
Development Update
Earlier this month, the City issued a building permit to MOM Brands (formerly Malt -O -Meal)
for the remodeling of the former New Morning Windows building (which is now being called
the MOM Brands East building) that they purchased last fall. The estimated project cost for
the renovation is $4,320,000. This does not include additional site work that will be
completed including reconstructed parking areas, landscaping, and pedestrian connections
to the existing MOM Brands Building. MOM Brands plans to complete the renovation and the
relocation of their corporate headquarters from the IDS Building in Downtown Minneapolis
by the end of this summer.
State of the City Address
The State of the City Address has been scheduled for Thursday, March 21 It at 11:30 a.m. at
Brackett's. Please mark your calendars.
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OPEN TO BUSINESS Dakota County
provides free one -on -one assistance
from expert staff, customized to meet
the needs of small business owners
and operators. Clients receive help in
planning and organizing their business
ventures, financial management, mar-
keting and regulatory compliance. Ad-
ditionally, a small business loan fund
can help entrepreneurs access the
capital they need to grow their busi-
ness.
For more information on the services
offered through the Open to Business
program or to schedule an appoint-
ment contact Laurie Crow, Business
Advisor at 952 -484 -3107 or
Icrow @mccdmn.org
www.opentobusinessmn.org
•
OPEN TO BUSINESS Dakota County
is a partnership of the Metropolitan
Consortium of Community Developers
(MCCD), the Dakota County
Community Development Agency
(CDA), the cities of Apple Valley,
Burnsville, Eagan, Farmington,
Hastings, Inver Grove Heights, Lake-
ville, Rosemount, South St. Paul, and
West St. Paul and the Apple Valley,
Burnsville, Lakeville, River Heights,
Hastings, and Dakota County Regional
Chambers of Commerce
OPEN
usLI�h
,h, N- A—d, for Business
TO BUSINESS DAKOTA COUNTY!
OPEN TO BUSINESS
Free Small Business Consulting to Dakota County Businesses, Residents
Starting or growing a small business isn't easy, and hiring a trusted advisor to help get a business off the
ground is usually very expensive. Open to Business Dakota County provides free, confidential, one -on-
one assistance from expert staff, customized to meet the needs of small business owners and operators.
Clients receive help in planning and organizing their business ventures, financial management,
marketing and regulatory compliance. Additionally, a small business loan fund can help entrepreneurs
access the capital they need to grow their business.
Beginning monthly in February, an expert Open to Business consultant with the Metropolitan
Consortium of Community Developers will offer free consulting services in each community.
Consultant hours in each community are as follows:
Where
When
Time
South St. Paul City Hall
2 " Wednesday of every month
9:00 —11:00 am
125 3rd Avenue North
(First office date is Feb 13)
West St. Paul City Hall
2nd Wednesday of every month
1:00 — 3:00 pm
1616 Humboldt Avenue
(First office date is Feb 13)
Inver Grove Heights City Hall
3` Tuesday of every month
9:00 —11:00 am
8150 Barbara Ave
(First office date is Feb 19)
Eagan City Hall
3` Tuesday of every month
1:00 — 3:00 pm
3830 Pilot Knob Road
(First office date is Feb. 19)
Apple Valley City Hall
3` Wednesday of every month
9:00 —11:00 am
7100 147th St. W
(First office date is Feb 20)
Burnsville City Hall
3rd Wednesday of every month
1:00 — 3:00 pm
100 Civic Center Parkway
(First office date is Feb. 20)
Farmington City Hall
4th Tuesday of every month
9:00 —11:00 am
430 3rd St
(First office date is Feb 26)
Lakeville City Hall
4th Tuesday of every month
1:00 — 3:00 pm
20195 Holyoke Avenue
(First office date is Feb 26)
Hastings City Hall
4th Wednesday of every month
9:00 —11:00 am
1014th Street East
(First office date is Feb 27)
Rosemount City Hall
4th Wednesday of every month
1:00 — 3:00 pm
2875 145th St. W
(First office date is Feb 27)
This service is free to any business or resident from one of the participating cities or the small cities and
townships in Dakota County. The consultant will be available for walk -in appointments, and can help
plan and work through small business challenges such as:
• Accounting and record keeping
• Business acquisition
• Business start-up
• Business plan development
• Cash flow, financial and business analysis
• Financing options
• Networking
• Operations
• Strategic planning
• Commercial real estate analysis
For more information on the services offered in the Open to Business program or to schedule an
appointment contact Laurie Crow, Business Advisor at 952 - 484 -3107 or (crow @mccdmn.ora Visit
www.opentobusinessmn.org .
Minnesota DEED Commissioner Katie Clark Sieben: Tax plan will he... http: / /www.bizjoumals.com/twincities /print- edition/2013 /02/15 /deed -c...
From the Minneapolis / St. Paul Business Journal
: http: / /www.bizjournals.com /twincities /print- edition /2013 /02/15 /deed - chief-
tax- plan - will - help- mn.html
PREMIUM CONTENT: Feb 15, 2013, 5:OOam CST
DEED chief: Tax plan will help
Sam Black
Senior reporter- Minr7eapoiis /St. Paul SusinessJourl7al
Email I Twitter I Facebook
Minnesota Department of Employment and Economic Development Commissioner Katie Clark
Sieben is defending the need for more funding for economic development incentives to attract
new jobs to the state, even if it means higher taxes for companies already here.
The realities of the economic development world today require states to have hefty budgets to
recruit jobs, and that money has to come from somewhere, Clark Sieben said in an interview
this week. So, Democratic Gov. Mark Dayton included a $55 million increase for DEED's
economic development programs in his budget proposal, which also includes a tax - reform plan
that's been heavily criticized by various business groups in the state.
State being outspent by rivals
Clark Sieben cited a December New York Times study in which Minnesota ranked 39th among all
states in economic development spending, including direct funding and tax incentives. The state
was 46th on a per- capita basis.
"We have a great need here," she said. "Companies have offers from other states. They're
coming to this state to say, We're looking to expand,' or they're from outside of the state
looking to relocate and say, 'We have a proposal from X state; what will Minnesota offer ?'"
But with little money available, it's usually a short conversation.
Clark Sieben is pushing lawmakers to approve $30 million to fund the Minnesota Investment
Fund, a forgivable loan program that is broke today after receiving only $7 million in funding
since 2005. The governor also proposes spending $25 million for a new job- creation fund that
would give companies grants of up to $1 million after they've hired a set number of workers,
with the lowest threshold being 10 jobs.
"We're competing with Texas that has a $200 million fund and Michigan that has a $50 million
1 of 3 2/15/2013 8:44 AM
Minnesota DEED Commissioner Katie Clark Sieben: Tax plan will he... http: / /www.bizjoumals.com /twincities /print- edition/2013 /02/15 /deed -c...
fund," she said. Wisconsin Gov. Scott Walker recently outlined his plan for economic
development spending, which included $75 million per year for two years for economic
development tax credits, $10.9 million to recruit companies from other states and $6 million for
a seed accelerator.
Minnesota's $55 million plan is modest by comparison, but it can compete with these other
states because of the skilled work force, geographic location and natural resources here, Clark
Sieben said.
"I don't think we have to match Texas dollar for dollar," she said. "But we definitely need
significant funding to get a seat at the table."
Clark Sieben said she's heard concerns from the business community about the tax plan, and
said the governor is open to other funding ideas. And Dayton also expects a healthy debate with
legislators.
"If there are other good solutions for how to get this done, we want to hear them," she said.
"But we are looking for a comprehensive plan that shows where revenue will come from and
how we can invest to stay competitive."
The objections
Economic development spending isn't likely to get a big objection from the business community
or from legislators.
In fact, it's barely on the radar, because businesses are so upset by the tax plan, said David
Olson, president of the Minnesota Chamber of Commerce.
The two big issues with business groups are a proposed sales tax on business -to- business
services and a $1.1 billion increase in personal income taxes for the top 1.5 percent of earners.
That will affect some of the larger, profitable businesses in the state that are organized as
pass- through entities, such as S corporations and LLCs, which are taxed at individual income tax
rates.
Olson said his email and phone have been "off the hook" with complaints from businesses upset
about the tax increases. He said he expects Business Day at the Capitol on March 13 to be a big
event.
"If the legislature moves forward with those two taxes, they might as well not waste their
money to lure other companies here," said Weaver, executive director of the Minnesota Business
Partnership in Minneapolis and a former chief of staff for former Republican Gov. Tim Pawlenty
Some businesses don't like the economic development plan either, because it raises taxes on
firms already here in order to give incentives to new companies, Weaver added.
But economic development incentives got a plug from Michael Lanalex CEO of Greater MSP, the
Minneapolis St. Paul Regional Economic Development Partnership. "You get what you pay for" in
that area, he said.
2 of 3 2/15/2013 8:44 AM
Minnesota DEED Commissioner Katie Clark Sieben: Tax plan will he... http: / /www.bizjoumals.com/twincities /print- edition/2013 /02/15 /deed -c...
The state also needs to keep investing in education, infrastructure and transportation, plus have
a good business climate, he said.
Langley believes Minnesota can stay competitive with economic development incentives if
lawmakers from both parties work together.
"The strategy has to be both -and; it can't be either -or."
Sam Black covers real estate, manufacturing, food, and economic development
of 3 2/15/2013 8:44 AM
StarTribune - Print Page
StarTribune
Senior housing boom sweeps metro area
Article by: JIM ADAMS
Star Tribune
February 19, 2013 - 2:38 PM
Senior housing developments are sprouting up across the Twin
Cities, part of a trend to provide elderly people with more housing
choices and better medical, social and other service options.
The building boom stems partly from a backlog of projects that
stalled for several years during the recession that began in 2008,
said Adam Suomala, of Aging Services of Minnesota, an
association of nonprofit senior- housing providers.
Jim Adams, Star Tribune
Norma Nelson has moved into one of the newest assisted - living
buildings, Homestead at Anoka. The $34 million "continuum -of- care" complex opened in early December, a block north of the
city's Northstar commuter train station.
Nelson, 88, had moved from Duluth to live with a daughter in Blaine. She doesn't need much, just meals and the weekly
cleaning of her apartment.
"I want to be independent as long as possible," Nelson said recently over a danish and coffee in the dining room. "I don't want
to be a pest to my children." She said she likes the food, exercise classes and playing 500 Rummy with seniors and
volunteers from local churches.
Nelson can add medical or other services as needed. Memory care and skilled nursing care will be available for Homestead
residents in an adjoining building that Volunteers of America plans to open by the end of February. The city lined up the 7.5
acre site for the 179 -unit complex, which sits just east of the wooded asphalt trail along the Rum River.
Homestead is among about two dozen assisted - living and other senior - housing options that have opened in the past year or
are under construction in Shoreview, Fridley, St. Louis Park, Lakeville, Woodbury and other metro suburbs.
Statewide, the number of housing projects offering senior services increased by nearly 200 since March 2007, to about 1,150
by last month, said Darcy Miner, director of compliance monitoring for the state Department of Health.
Ebenezer Management Services opened five senior centers last year with a total of about 450 apartments, and it has two
more centers underway in Burnsville and Deephaven, said Susan Farr, vice president of business development. She noted
that four of the seven centers offer opportunities for seniors to connect with children, including a senior center connected by
skyway to Hosanna Lutheran Church in Lakeville. The $12.5 million, 93 -unit project opened in October.
Presbyterian Homes opened three facilities in Bloomington, Burnsville and Arden Hills last year and is building two more in
Wayzata and Brooklyn Center, said John Mehrkens, vice president of project development. He said the Wayzata project, a
block from Lake Minnetonka, has pre - leased all 148 independent living units that will sit above the ground level retail shops
anchored by a Lund's grocery.
The Twin Cities is a "very sophisticated senior housing market," said Mary Bujold, president of Maxfield Research of
Minneapolis. The firm does senior housing market studies for cities and developers. She said senior options range from
"affordable, active -adult housing with no services to enhanced assisted - living suites to full -scale memory care."
Bujold said her firm estimated that in 2010 the seven-county area had 192,500 households of people 65 years and older.
Maxfield said 18 percent of those households were in senior housing.
Two new senior projects on Old Central Avenue in Fridley offer aging residents an opportunity to stay in the city where they
have worked and raised families, said Community Development Director Scott Hickok. Moving into the $7 million, 70 -unit,
showy Landmark or the modest, 59 -unit White Pines Assisted Living, also opens up single - family homes to young families
who can use city parks and schools.
"Our seniors love their community, churches and shops, but they have not always had options for housing," Hickok said.
"This provided options in the city. It keeps some of our good customers right here."
Jim Adams • 612 -673 -7658
@2011 Star Tribune
http: / /www.startribune.com /printarticle / ?id= 191567701
Page 1 of 1
2/20/2013
This "continuum of care" complex is run by Volunteers of
America, which plans to open another wing this month. The
Northstar rail station is a block away.