Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Home
My WebLink
About
07-23-13
Lakeville Ah M..�4 w "tNq+MRert Wo AGENDA Economic Development Commission July 23, 2013 — 4:30 p.m. City Hall, Marion Conference Room 1. Call to order 2. Approval of June 18, 2013 minutes 3. Presentation by representatives of Greater MSP 4. Follow -up on discussion with representative of First Park Lakeville 5. Update on Business Marketing Strategy Implementation Activities 6. Update by City Administrator Steve Mielke on Envision Lakeville Project (to be presented at the meeting) 7. Directors Report 8. Adjourn Attachments June, 2013 Building Permit Report June 2013 Foreclosure Update "What price jobs? Shakopee's handing out millions" StarTribune July 14, 2013 "Price tag for Datacard move to Shakopee: $29.5M" StarTribune, July 9, 2013 "Twin Cities industrial vacancy lowest since 2007" Mpls. / St. Paul Business Journal July 9, 2013 "Our View: Minnesota is winning economic battle" Rochester Post Bulletin July 15, 2013 "Top States 2013: Overall Rankings, CNBC.com July 11, 2013 "Housing custom -made for seniors is booming as Twin Cities age" StarTribune July 17, 2013 " State Unemployment Rate Dips to 5.2 Percent: DEED News Release July 18, 2013 Item No. a CITY OF LAKEVILLE ECONOMIC DEVELOPMENT COMMISSION MEETING MINUTES June 18, 2013 Chair Starfield called the meeting to order at 4:30 p.m. in the Marion Conference Room at City Hall. Members Present: Comms. Matasosky, Akason, Vlasak.,Emund, Starfield, Tushie, Schubert, Ex- officio member City Administrator Steve Mielke. Members Absent: Comms. Smith, Longie. Others Present: David Olson, Community & Economic Development Director; Adam Kienberger, Economic Development Specialist; Grad y Hamilton,.Trammell Crow Company. 2. Approval of April 23, 2013 meeting mi Motion Comms. Matasosky/Tushie moved„ to approve the minutes of the April 23, 2013, meeting as .esented. Motion carried unanimously. 3. Presentation by Grady "Hamilton,:..Trammell Crow — Developer of First Park Lakeville Grady Hamilton wf.Trammell Crow Company gave a presentation on commercial development across.the Twig Cities notinggrowth areas for warehouse /distribution projects EDC'=members ask ed,about: mparabl&'lease rates, development trends, and the need for incentives Mr. Hamiltorr.responded that incentives are quite common, although needed less in core cities. He,, noted thak the availability of incentives makes industrial property more salable ar+ , :'attractive to potential projects. Comm. Matasosky 'and Tushie added that incentives are best used on a case -by- case basis and be dependent on job creation goals. Mr. Mielke added that Scott County is extremely aggressive on using incentives for economic development. Comm. Vlasak asked what Scott County is doing that Dakota County currently isn't. Mr. Olson responded that Scott County partners with its cities on doing tax abatement projects, whereas Dakota County has historically opposed the use of tax increment financing and has not participated in any tax abatement projects. Economic Development Commission Meeting Minutes, June 18 2013 Page 2 Comm. Tushie noted that apartment projects with a low number of jobs often have similar tax base implications that certain types of industrial warehousing projects provide. Mr. Olson responded that three recent senior housing projects in Lakeville provide a significant tax base to the community, but TIF incentives can't be granted on tax base expansion alone. Mr. Mielke asked how the City can help jointly market these industrial properties with the brokers. Mr. Hamilton responded that by allowing them to communicate the availability of TIF and incentives on the front end of a project, the sites become much more marketable. Comm. Tushie noted that in Woodbury one type of incentive that was utilized was the creation of a regional storm water pond to facilitate development. Mr. Hamilton thanked the EDC for their time and concluded his presentation. Presentation to Former Chair Jack Matasosky The EDC presented Jack Matasosky with a recognition plaque for serving as EDC chair for the past ten years. They thanked Comm. Matasosky for his many years serving as EDC Chair. 4. Update on Downtown Parking Lot Project Mr. Olson provided an update on the concept plan for the redevelopment of the Downtown parking lot on block behind the commercial buildings on the west side of Holyoke south of 207 Street. 5. Update on Business Marketing Strategy Implementation Activities Mr. Kienberger provided an update on the Business Marketing Strategy noted some of the upcoming events staff will be participating in to promote economic development in Lakeville. 6. Update by City Administrator Steve Mielke on Envision Lakeville Project Mr. Mielke provided an update on the Envision Lakeville process. He noted that the Task Force has developed "themes" and "values ", and is currently working on "strategic initiatives ". The process is expected to be completed by mid - August. 7. Director's Report Mr. Olson reviewed the Director's Report. 8. Adjourn Meeting adjourned at 5:55 p.m. Economic Development Commission Meeting Minutes, June 18 2013 Page 3 Respectfully submitted by: Adam Kienberger, Recording Secretary Item No. -,,2 5 L57k � !Miflte 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: July 18, 2013 Subject: Presentation by Representatives of Greater MSP Kathy Schmidlkofer, Executive Vice President and Sara Barrow, Director of Investor Relations, with Greater MSP have requested an opportunity to provide the City with an update on the activities of Greater MSP. Greater MSP was created approximately two years ago and is a public /private economic development organization that works with a variety of partners to help businesses expand or relocate to the Twin Cities region. Ms. Schmidlkofer and Ms. Barrow will make a presentation and answer questions EDC members may have regarding Greater MSP. The City of Lakeville is not currently a member of this organization. item No. L 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: July 18, 2013 Subject: Follow -up Discussion on Presentation by Grady Hamilton Regarding First Park Lakeville It would be helpful for staff to have to continue the follow -up discussion on the issues raised at the June meeting by Grady Hamilton with Trammell Crow regarding the possible use of incentives for projects proposed in the First Park Lakeville industrial development. Item No. 5 Lakeville City of Lakeville Community & Economic Development Memorandum To: From: Economic Development Commission A. Adam Kienberger, Economic Development Specialist A'— Copy: Steven Mielke, City Administrator David L. Olson, Community & Economic Development Director Date: July 19, 2013 Subject: Business Marketing Strategy Update Below is an update on a few of the recently completed and upcoming marketing initiatives underway as part of the Business Marketing Strategy. These marketing activities are in line with the report completed by Arnett Muldrow & Associates which continues to serve as a guide to staff for pursuing new and ongoing marketing initiatives. The Marketing Partners met on July 11th to discuss and collaborate on new joint marketing efforts. Steve Mielke provided the group with an update on the Envision Lakeville process and discussed some of the "values" that are being developed by the Envision Lakeville task force. The Partners also focused on the idea of creating a repository or system for sharing community events that can serve as a central point of information for people looking to find out what is going on in Lakeville. The City of Lakeville was the dinner sponsor at the June 25th Minnesota Commercial Association of Real Estate (MNCAR) golf tournament at the Legends Club. Mayor Little provided welcome remarks and a pitch for commercial and industrial development in Lakeville. Sheila Longie was present representing the EDC along with staff to network with the commercial brokers and promote Lakeville. 150 commercial brokers were in attendance at this event, and staff would recommend participating in this event again next year. Staff attended the 2013 Economic Development Association of Minnesota (EDAM) Summer Conference in Duluth on June 26th -28 th Lakeville was an exhibitor again this year at this conference comprised of economic development professionals, developers, engineers, architects, financial consultants, and other economic development related professions. 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. 1.Ea7k Memorandum Item No. City of Lakeville Community & Economic Development To: Economic Development Commission From: David L. Olson, Community and Economic Development Director Copy: Steven Mielke, City Administrator Adam Kienberger, Economic Development Specialist Date: July 18, 2013 Subject: July Director's Report The following is the Director's Report for July, 2013. Building Permit Report The City has issued building permits with a total valuation of $70,046,388 through June. This compares to a total valuation of $53,713,886 through June of 2012. The City issued commercial and industrial permits with a total valuation of $6,950,250 through June compared to a total valuation of $5,699,500 during the same period in 2012. The City has also issued permits for 170 single family homes through June with a total valuation of $52,575,000. This compares to 122 single family home permits through June of 2012 with a total valuation of $35,328,000. Development Update The City has issued permits for several commercial and industrial projects in the past week. The first is for a new 6800 square foot new Advanced Auto Parts store to be located in Hoppe Marketplace on Kenwood Trail between Culver's and NTB. United Properties will own the building and lease it to Advanced Auto Parts. This City also issued a permit to QA1 to construct 17,200 square foot addition to one of their two manufacturing buildings located in Airlake Industrial Park and are expanding the building located at Grenada Avenue and 218' Street. QA1 is a manufacturer of performance automotive suspension parts and is experiencing considerable growth. Finally, the City has also issued a permit for a 1,500 square foot office addition for National Polymers located at Co. Rd. 70 and Hanover Avenue. National Polymers is a plastics manufacturer and also completed a significant warehouse and office addition in 2012. Foreclosure Update There were 11 Sheriff Sales in June. This brings the total to 63 year to date. There were a total of 220 Sheriff Sales in 2012. The City has averaged just over 10 Sheriff Sales per month for the first half of 2013 compared to an average of over 18 Sheriff Sales per month in 2012. This represents a 44% decrease in the average number of Sheriff Sales for the first six months of the year. August Meeting It has been the practice of the EDC to take a month off during the summer in terms of having a regular monthly meeting. Typically that has been in July, however it was decided to schedule the Greater MSP presentation prior to the end of summer. Because of the fact that the Envision Lakeville process will not be completed until the end of August, staff would suggest taking the month of August off, and begin the Strategic Plan Update process in September after the Visioning process has been completed. w C C 00 w_ N O O 91 O O O O O O O O J 0 0 0 0 0 0 0 0 O O O O O O O O 00 -A O C O O C C J Do N O O O O O O O O p O O O O O O O O O A N w U� O O w O O N J O N O O O ►� A N O O O N O K 00 A z7A � N N Vl W l.li A O LA C O O O W J 00 C O O N w O, �c J tz �O W N W W LA A LA W .- O O ao J N 91 0 0 O w W O J O o 0 0 o cn Vi J O O cr O N o O N 000 N -4 O C Vi J J C L O c.n C a� ggo00 z C M o Soo'A o00�o$S�oLA CS�So�oao 3 0 a a d o 0. a 0 a a o o o C d =_ C z O N O r� " - c" c ii � n' a 00 CC 00 CO O C C vi 0 0 0 O C c k O O O F, O O O O O O O O O C C C O O O C O O O O O C O O n 5 z c ^C tr C Z C� O. �. R. 7 ° o ° o ° o ° O ° o ° o ° o ° o o CD ° '� y oy y N 7c' t0. a s cc H 0 0 0 0 o O cc 0 0 0 cc 0 o 0 0 0 7 p O CO o r �. 0 c co x m °0 w an o c M. M. 5 5� n7 h W o. n O d ^ <� z '�' H y .'�. n A n (� A% a C17 n Z O o b ; O CD O�c O c R c c C a o b to °^ a z: °_ °"_ o o CD a p, n r' n " a c n �. n ti, ° < 3 .. N O EL 00 Y G. a cc :E iD Y C. Z T< y ' A f o cro CD O E3 o r'ti C. z :E CD z Q s < a CD a a o a E L r� y ( 1: y A w CD w C C 00 w_ N O O 91 O O O O O O O O J 0 0 0 0 0 0 0 0 O O O O O O O O 00 -A O C O O C C J Do N O O O O O O O O p O O O O O O O O O A N w U� O O w O O N J O N O O O ►� A N O O O N O K 00 A z7A � N N Vl W l.li A O LA C O O O W J 00 C O O N w O, �c J tz �O W N W W LA A LA W .- O O ao J N 91 0 0 O w W O J O O �O N U Vi w 0 Vi OD O O )O C w C 0 0 )O oo �D O O Cn 00 0 0 o cn Vi J O O cr O N o O N 000 N -4 O C Vi J J C L O c.n C ggo00 C CrJ rJ O O O O O Vi O O O O CA O O CA O O O Cn cn O O O t Cn O O O O O Soo'A o00�o$S�oLA CS�So�oao O� A N C � O N O r� " ��. O� vD VD J N ►- N W X 0 0 N O z 00 CC 00 CO O C C vi 0 0 0 O C O O O F, O O O O O O O O O C C C O O O C O O O O O C O O tA r z O tr O Z N ° o ° o ° o ° O ° o ° o ° o ° o o ►� ° '� O, O O O, O o o, o C o o, , o o 0 0 0 0 o O cc 0 0 0 cc 0 o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 r W z � N W r- CD wd. C17 P�l N O CD O�c O C O O O O C O O O O O C pp C C C C C 00 0 C 0 C= O�c Q C C ro r N Z N N O\ N W N ro M fD a 10 --j t O ==MM A z7A � "C O LA C O O O W J 00 C O O J tz uj J W W A A W J C, A U C\ W W W O1 �C O �O N U Vi w 0 Vi OD O O )O C w C 0 0 )O oo �D O O Cn 00 ggo00 C CrJ rJ Soo'A o00�o$S�oLA CS�So�oao o C O N J A oo N N �-- ��. O� vD VD J N ►- N W X 0 0 N O 00 CC 00 CO O C C vi 0 0 0 O C O O O F, O O O O O O O O O C C C O O O C O O O O O C O O M C z O p 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Z N ro r N Z N N O\ N W N ro M fD a 10 --j t O ==MM C w x °n c 9 a c -c 0 5 ao :; =° w m < v a � m n �. __ a 9 ° C m W a 5. co co a F _. z a a o va ti C] m �. ti a io �' ^ a a co b e co o ►3 c� a o T, S a o � w o o H g a� o o n: � M , v n ° ° ^" ° y n r. co C rJ ,� co co Cn Q oa 0. p o co (D co x? :: ° c m, a s :y C fD m r E a o v a �, = x, a< CD y x a \. CrQ co a �. C1 " °° ti c a v a x :� k p CD o C 0 °° G n S d �• OrQ n 0. r/2 0. CD C OaQ C -e n �. H N 0. N `G V1 N W �" O O ao A A O O� �D ao C w O C O w 00 oo .- A O O C O N O ►. N �- O O CA tl� W O�0 W w C.A 0 0 G\ o0 00 O j O, �l �c 00 O O C O �c O �o A A O �O �D C �D O O coo O c O O CA 0 . A . . . . 0 O C C A . J . . . . . . . . . . . . . . . . . . . . . . . . CA O O O C O O O Cn C Vi O CA CA C O O O O O LA O O -1 O O O O C O O �--� O C O = C O O N O O O O C O O O O C O O O O C O O O O O O O N p� O ON 0 0 0 0 C O O O C O O C C O O 0 0 0 0 C O 0 0 0 C O O O O C O 0 0 0 0 0 0 0 o . O O O O C c O c O C O O C O O O . O O O O O O O O O O O O O O C O O O O O O O O O O O O O C O O O O C O O C O O O O O O O O O O O O C O O O O O O O O O O O O O O O O O O C O O O O C O O C O O O O O O O C O O O O C O 0 0 0 0 0 0 0 0 0 0 0 0 0 O O C C c Q 0 0 0 C 0 0 0 0 0 O O C O O C C O O O c O c O O C C C O Q O g C C C coo 0 0 0 o c o 0 o c o o c o 0 0 0 0 0 o c o 0 0 o c CCD 0 o c 000 0 N w 00 O O to w G\ O v v 00 C O O O �-- �O - - j O N N O C � 0 0 � w v � O O� O O w 0 �--� N N O J �D r N N 01 to W 00 J �_ O, N A W 00 w J c O N J J W J W W N W J J W O O J 00 J . O� r+ �- C � O O CA A O �O �D O C O O O �c Oo .- �O O O �O O O IC O �O A �c O 00 . . O O LA cA O O cA N O O �c O c 0 �c 00 . O O O O C O O O LA c.A O O cn O O c c cA O O O Lto O O c c c 0 0 0 0 0 --1 C O O -4 O O O O O O O O O O O O O O O C O O O O O O O O O A _ � _ ON o A O J v c v D\ O N A C� w A N iLA �1 N o\ - O 00 O C/� CA N �c w O w V� J W pp N CJ� )o C w O C O w A O O O O C O O O Cn C )D O O O C 00 0 00 0 0 0 O O O O C O 0 c 0 c C C C C 0 C C O C O C C O O O O O O C C C O O O O 0 C C C O O O C C O O O O C O O C O O O O O O O C O O O c C O 0 c 0 C 0 0 0 0 0 0 0 0 O O O O O O O O c C O O C O O O O O O O C O O O O C O O O O O O O O O 0 O O O O C C C C C O O O O C O O C O O O O o O c C C C 0 0 c 0 0 0 0 C 0 0 0 0 0 0 0 0 0 0 0 0 0 C 0 0 0 O C O O C Coco 0 O O O O C O O O O C O 0 0 0 0 0 0 0 0 0 0 0 0 0 00 CN J J J O O O O O O N LA O O O O O O O O 0o J W .-. p O p O O O O O O O O O O O O O O O O O Cn CA O O O O O O O O O O O O O O O O O 00 N U O O O O O O O 00 O U O O O O O O O O 0 0 0 0 0 0 0 O 0 0 0 0 0 0 0 O 00 00 cc w W �-- C C to O CA O O Vi 0000000 O O� O� w 0 0 0 0 0 0 0 O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 w cli O O C Cn v� v� �n C 0 0 0 0 0 0 0 0 0 N �O �- a, 00 c�ii 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OI O O II O O O O IOI O O IOI 0 0 O O O O O IOI 0 0 0 0 0 0 0 0 0 H ro cn cn ro d (] v� y o 0 a G � n � G � � A co co to ❑ n o � G ro 0 CD o CD o aro o b °_ d o o ° n o cn R , o cn x C, eD C O = rn d0 r vni Q. y = CD b X17 �1 C _ _ y 0' 0' _ /. -1 y 00 C CD n� @.a Oy n 7 7 < < pq £ CD y _ X n N D\ O N 00 O O O O O 00 w cn 0 0 0 0 0 0 O J O �O O N O H+ 00 O 00 00 �-+ W C.A O O A D\ N J W W �O G� 00 �l "A O\ W �l O O O O O O O O cn O to O O O O�c O O� O� 00 O O O O O O O O O O O C1i O O O O Cn O O O 0 00 O O O O O O O O O O O O 0 0 0 0 0 0 0 O 0 0 0 0 0 0 O O O A J J � O O O O O O O O O O O O 0 0 0 0 0 0 0 O O O O O O O O O O O 1O O O O C cc C O O cc C C O O O C C O O O O C O O C O C O O cc O cc O O O O O O O O O O O O O O O O O O O O O O O N LA O O O O O O O O 0o J W .-. p O p O O O O O O O O O O O O O O O O O Cn CA O O O O O O O O O O O O O O O O O 00 N U O O O O O O O 00 O U O O O O O O O O 0 0 0 0 0 0 0 O 0 0 0 0 0 0 0 O 00 00 cc w W �-- C C to O CA O O Vi 0000000 O O� O� w 0 0 0 0 0 0 0 O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 w cli O O C Cn v� v� �n C 0 0 0 0 0 0 0 0 0 N �O �- a, 00 c�ii 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OI O O II O O O O IOI O O IOI 0 0 O O O O O IOI 0 0 0 0 0 0 0 0 0 N J W LQ v �o � w o cn cn o 0 0 0 0 fT o o o C O O O O O O C O O O O O O, O J � r C W C ccS0 C/1 A O O O O O C o 0 0 O co C O O p C O O O O O p 1� N O O N ? J N A W N N N ;; y A O W O J �-. cn � D\ oo N O O O N O �C A r _ _ LA W 00 1 - A O �D w N A ca 0 A IO cn O n 0 N A J �- w A J w w �O A O oo A O c W c w N N O N �1 N_ N ( - A 00 c N cn 91 N oo .- 0o N w poo cn N A by 0 0 0 0 0 ccc W O O v O J 0 0 0 ► —7 0 0 cn O N O O p p N v O J O to cn 0 0 0 0 0 cn 0 0 in 666 N A O J J 00 w A - cn w �p O\ w 00 J 0\ D\ LA nnn Y� O O O O C w w w w c-A � w �c N� w� O N O 000 O O\ D\ O� a\ w cn O O >> o C cn O O J c.n O O J O O N N O O pp U, O cn v N J O Cn J cn lV O cn O ac 'tip 0 '' n G `• " A r. •S G '� �. y H O ° f] o A O £ cD ti F C. C QQ O <' O CD n �•. C G 0. 0 G p, 0. G iC G G 0 I O t O �j �' G N ^O a (y CD (p O C' O O O O f ' O. ? O O O O O o O O O O O O v O O O O O o O O O O O � z a 0Q s w O K o N CA W O W N a, N J W cn A -j N O O J v r ° y y °�° a o m °. ° n. O O CA O C O 0 0 O O C J C cn C O C O N z O O O O O 0 0 O O O to O O O O O O y ° b �• C co 0 0 0 0 C 0 0'C O O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 p `C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 z "►�! CL CD G, y C O j O y O tD C au CD CD d Y 0. Q m> i �< F QQ CD a c H r^ o Es N c 7p a CD fD �• C; �O to A G\ D\ CD 00 O cn O A oo A O\ �c �c C �+ O p O p O O O O O c.n O A vi O - O w . 00 O C CpC CD � � O N O O O O w O 0 0 0 C 0 C� O� 0 A� 0 LA O W O CD � y t C y ry ¢ N J W LQ v �o � w o cn cn o 0 0 0 0 fT o o o C O O O O O O C O O O O O O, O J � r C W C ccS0 C/1 A O O O O O C o 0 0 O co C O O p C O O O O O p 1� N O O N ? J N A W N N N ;; y A O W O J �-. cn � D\ oo N O O O N O �C A? C A N coo A r _ _ LA W 00 1 - A O �D w N A ca 0 A IO cn O n 0 N A J �- w A J w w �O A O oo A O c W c w N N O N �1 N_ N ( - A 00 c N cn 91 N oo .- 0o N w poo cn N A by 0 0 0 0 0 ccc W O O v O J 0 0 0 ► —7 0 0 cn O N O O p p N v O J O to cn 0 0 0 0 0 cn 0 0 in 666 N A O J J 00 w A - cn w �p O\ w 00 J 0\ D\ LA cn 0 0 0 0 cn O C O O Vi cn O cn O C O O O O O O O O O O O O C w w w w c-A � w �c N� w� O N O 000 O O\ D\ O� a\ w cn O O o C cn O O J c.n O O J O O N N O O pp U, O cn v N J O Cn J cn lV O cn O W 00 J N 00 00 N W 0 0 0 cn 0 0 0 cn C C cn cn 0 0 0 0 0 0 vi c.n cn 0 0 cn 0 0 0 0 0 _ W J N O\ cn �- .� �O W A c0 O N N ��i O� � N 00 W V A O� W O� O cn O O\ 00 O O\ W J Oo C n O N In O\ O O 00 O O O O C O cn O O > O c�i� O w 0 0 0 S 0 0 0 0 0 0 0 N O 0 0 0 0 0 0 0 0 '1J O O C O C O O o 0 0 0 0 Q o 0 0 0 0 0 0 0 0 0 0 Q C coo Q ►+ O O O O O o O O O O O O v O O O O O o O O O O O O z N N CA W O W N a, N J W cn A -j N O O J v r O O CA O C O 0 0 O O C J C cn C O C O N z O O O O O 0 0 O O O to O O O O O O y ° b �• C co 0 0 0 0 C 0 0'C O O o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 `C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 z "►�! r r � � N �- �• •.• N J w cn •- r� fD �• �O to A G\ D\ 00 O cn O A oo A O\ �c �c C �+ O p O p O O O O O c.n O A vi O - O 00 O C CpC � � O N O O O O w O 0 0 0 C 0 C� O� 0 A� 0 LA O W O A? C A N coo rcy n 5' a. SD - C N O — W b r W 00 1 - A O �D w N A ca 0 A IO cn O n 0 N A J �- w A J w w �O A O oo A O c W c w N N O N �1 N_ N ( - A 00 c 00 Cn O� �- �D O� �� J Cn O �- J O �- O oo W A A J O �O O W �O W O O O by 0 0 0 0 0 ccc W O O v O J 0 0 0 ► —7 0 0 cn O N O O p p N v O J O to cn 0 0 0 0 0 cn 0 0 in 666 O O O 0 O� O O O O O O O cn 0 0 0 0 cn O C O O Vi cn O cn O C O O O O O O O O O O O O C C o C w W 00 J N 00 00 N W C _ W J N O\ cn �- .� �O W A c0 O N N ��i O� � N 00 W V A O� W O� O cn O O\ 00 O O\ W J Oo O N In O\ O O 00 O O O O C O cn O O > O c�i� O w 0 0 0 S 0 0 0 0 0 0 0 0 0 O 0 0 0 0 0 0 0 0 O O C O C O O o 0 0 0 0 Q o 0 0 0 0 0 0 0 0 0 0 Q C coo Q ►+ O O O O O o O O O O O O v O O O O O o O O O O O c C� O coo z N rcy n 5' a. SD - C N O — W b r W moo O N �1 N_ N ( - A 00 c 0 N - 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ccc W O O v O J 0 0 0 ► p C C C C �--• O C C �1 O w D\ C O O O O O 0 O� O O O O O O O rcy n 5' a. SD - C N O — W 5 d n v a O m IQ ry O p CL O 0 uo n m 7 N N C O � CN �-. A 0 �C A W N A In Q O cn A w A cn O? O O O O C O� 0 0 N _ �c 00 O O W O E O O O O C O� 0 0 C C C C C C C C C C C O O O O O O C O C C C O O O O O O C O 0 0 0 O O O O O O C O 0 0 0 N �-- - V N N O O .91 N O A w W D J W 00 O N J A A �D Vi C OO O N O O C f-A LA O o C O - .- O w 00 J O O V 0w0 w A O w O W m �- C Do O O O O O O O C O O O O O O O O O O C O 0 0 0 O O O O O O O C O 0 0 O' C ay k � G r � d y n w 0 O O C� N A A 0o O O N Cn O C A —1 W OO A 07 A O O W W Q\ � N A O O O �O V C O O O O O O C OI O O C O O O O C O wl O — N C JI v � U N O O N (21, Q1 C O ? 0 C � C w OI OOCO OI O O O C O O O C O C/1 - 3 cn cn cn cn cn v, cn rn cn ,M 'v O O O 4 r- 5 5 x m 'z1 -11 m n CD F Q v" o o as ; '+ < v0 c »� ° M O" N N y N N cn C tz f7 w '� N O � �9 d n d CD J N d W C� A C A O O C w J N W w O N N O o � — o=o w to w w to w J C w N Do J oo �c �c C Oo O ID U C� OD 1 0 a\ 1 .0 w �O Cn . . . . . . Cli O O CA (.A C O O In O (n LA LA O vi to O O O O Cn O LA O W W A �O C � Q1 C O O O O C O O O O C O O O O C O ....... . . . . . . . . . . . . . . C C C C C C C C C C C C C C C C C C C C C C C C C C O O O O C O O O O C O O O O p O 0 0 0 0 0 0 0 0 0 C O O O O C O O O O C O O O O C O 0 0 0 0 0 0 0 0 N w to N A — O N C\ IC w — N 10 N N A w A v N — W r - Cn A W -1 A J J U W �- W W �2 J W �O a\ aD a\ O C O N oo �p �p Cn \O 1D w � ao \D Oo �- IO Vi Vi O O pp (.A O C O O O O N cn c.n C to C O v� LA to Vi O cn O W O O _ N _ O N w w r O cn w C O 0 to C O O O O C O O O O O O O W C C O C O . 0 0 C O O O O C O O O O C C C C C C C C C C C O C C O C O O O O C O O O O C O O O O 00 O O O O C O O C C O O O O C O O O O C O O O O C O 0 0 0 0 0 0 0 0 C O O O O C O O O O C C O O O C O 0 0 0 0 0 0 0 0 C S O O S C N ao N U LO O O cc O O O O O O O O O O J N W N Cn O O J O O N O S C 10 S O W O O N_ O Cn O O O C C O O O 0 O C S O S O O O O 8 w O �- N O C�ii I O O i O O f O O O O S S C S f C S O O O O a S S C C O O � O O t C C i 0 0 0 0 0 0 0 SSSSSSS O O �c �c Oo O Vi O C Cn Cn to O �-- 0 0 0 0 0 0 0 A 00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O Si 0 0 0 0 0 0 0 0 G O O O O O O O O C 0 0 0 0 0 0 0 o c �c ? N W w W tli r J �1 C0 O W h I.O Oo ON W Oo W N W N Oo (71 �c N ID N �c O O p Cn to CJi to O in u a, w 00 _ W O O O O C O O O C 0 0 0 0 0 0 0 f 0 0 0 0 0 0 0 a O O O O O O O O C S S S S S C S O C O ul rn ro y rn '17 a vn v, M 10 � v rn .j ^o aro rn � cn � v � d n � rA � � � � r � n n a G rn m G 1 ; p G w co o G m �, b A o o a G C C, r 20 CO e m CD o __ CD n v TJ cm CD 0 b n�a UQ o o _ R N W 00 U A W N N O\ cn N J S O N? O� W W w Vl N O O O N O Oo ? O W N Cn N? F+ W N O W N O vA w A A O A U vi vi O J J N A 00 w 0 Oo -.7 -P �l w N A C O O c.n O O w O O O O A � O O O� O 9 A W O W O �l �c cA � - . . . . . . . . w . �l C O O C O O O O O . . O O . O . . . . . . . 0 0 0 0 0 0 0 . vi . O O W O cn 8 tr O O N vi O O O C O O O O O O O O 0 0 0 0 0 0 0 O O O O O O 0 C 0 w O N W N IJ Q U fs 74 O O s '.A 70 C O O C O O O O O O O O 0 0 0 0 0 0 0 _l 0 0 0 0 0 0 —1 O O Oo O C O 0 C coo= O 0 0 O 0 0 0 0 O c p p p C 0 0 0 O C C C O O C 0= C C= O O O O O O O O O O O O O O O O O O O O O O O O C S O O S C N ao N U LO O O cc O O O O O O O O O O J N W N Cn O O J O O N O S C 10 S O W O O N_ O Cn O O O C C O O O 0 O C S O S O O O O 8 w O �- N O C�ii I O O i O O f O O O O S S C S f C S O O O O a S S C C O O � O O t C C i 0 0 0 0 0 0 0 SSSSSSS O O �c �c Oo O Vi O C Cn Cn to O �-- 0 0 0 0 0 0 0 A 00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O Si 0 0 0 0 0 0 0 0 G O O O O O O O O C 0 0 0 0 0 0 0 o c �c ? N W w W tli r J �1 C0 O W h I.O Oo ON W Oo W N W N Oo (71 �c N ID N �c O O p Cn to CJi to O in u a, w 00 _ W O O O O C O O O C 0 0 0 0 0 0 0 f 0 0 0 0 0 0 0 a O O O O O O O O C S S S S S C S O C Dakota County r% rj Community Development Agency CDA To: Dakota County Cities From: Lisa Henning Date: July 15, 2013 Re: Foreclosure Update HOME OWNER HIP Dakota County Stats — June 2013 • # of Sheriff Sales in June — 58 (compared to 120 in June 2012) • Total Sheriff Sales for 2013 — 533 (compared to 830 Jan.- June 2012) • # of Notices of Pendency Filed in June — 135 • # of Notices of Pendency Filed in 2013 — 880 A Notice of Pendency is filed by a mortgage company's attorney as official notification that the foreclosure process has begun. Not all of these result in Sheriff Sales. Mapping Using Dakota County GIS http://L The Dakota County Office of GIS is updating the 2013 Foreclosures and Notice of Pendency layers on a monthly basis. If you need assistance using this Web page, please call Randy Knippel or Mary Hagerman with the Office of GIS at (952) 891 -7081. If you have any concerns, please call me at (651) 675 -4467 or send me an email at Ihenning@dakotacda.state.mn.us � �Un 4 z z o c N 0. O c N O 0 O Z+ U 'c rooms U O c d1 0 0) aUQ HI L w to E N 0 _ H O u O L 0 U. 4J O V to 41 O L s C4 Ln N O N N N 0, 2 N N^ 1� V N N M O %o — N `- m N O to N N N h 00 V N oo Oo LA N V1 %o N V N M Ln N u! c�a G �d 1� r4 �O O Ln 4J p. M M %O N � Q M M co — — H I, I m N — — M N — O 00 Ln O N M C1 Ln M _ M :!: Ln r*� %o — %o 00 Ln — CD C4 H 1l% 0% — — — a^ M Ln — O N V M r% 0. rZ Go — — — fV N O� %o v' co co V1 I N 'o v — Il% C% O M I� to M %0 %O V. = — N Q0:' %O O Ln 0% M Ln O M v h � s U rd ai 0 > 0 = rCL o00 4j 4j 4i C4 f4 C4 S �-_ Q m W 5 LL Z >0 E J E OG (a E vl OOO F- O N d _ N d V N C O V N C nj C U� d Ln t � N %0 47 C L ' .o O " W = C V O L 2 O Q O 0 v U V d � o u tv M-0 O .a c O A C C �V1 C 7 L C Cl O E L O LL G W Q � �W z o�: C N 0- O Tj c N C O O+ U •� Y 3 T E U O O o co c00) OUQ � 0 u H blo C LL u A c W CL w. O ref O O u O = Z � N � O N _ v Ln ^� M M _ �p C, O IV O N M V M N — — M - -- N M M Ul 00 O ZO LA .O = Ln %O N O N u O D O Z u O a O DO Q N Co N C% O' — N M Ln M N N N I o N N 2 N O M Y L a N N N M N— O- 10 N N CO N N O M O` M Ln M- N LA V1 p M LL N �NN qT — Ln 41 UA 41 � 2 > CA • d (d ( h V >•� c c =U= i d_ 2 c =aCL 0 ++ • a� U J O- i b0 •£ a _ 7 4J y ed H QmwLLt =J��(O�Nf O c 4w 75 N 4I L N H � L u � 0 O co o a cl Z V C 3 7 E n O fC t y fd u V O L L � d L G1 N L � N O U � wo L � N � L O S V c � O V d � O O d C � � c oU � O N z ED cz 0 cc a- ZEE 3 C c C C u c d � do c a` a CL O 0 E y cd V O �Z 4- O d � fd y � L C � � N o E Z V o Z w_ F- 0 L a� Z -1 N N V 41 N C O V v C N C O U V d Ln N d c "' .o O 0) C V 0 L- Z O N OA Q O 0(4 U d O w y `v O C 3 ` 3 3 C O f� N_ C w C v O E O L Starl'nbune - Pnnt Page StarTribune What price jobs? Shakopee's handing out millions Article by: Susan Feyder and David Peterson Star Tribune staff writers July 14, 2013 - 10:48 AM For a midsize suburb at the far edge of the metro, it's an eye - popping haul. In just 15 months, Shakopee stands to reel in well over 1,000 jobs from five new employers, representing hundreds of millions in investment and covering well over 100 football fields worth of land. But at what price? http://www.startribune.com/printarticle/?id=215394981 The millions in tax subsidies that Shakopee is dishing out to land Provided photos, Dml - Dml - those jobs, counting deals in hand and deals in progress, has eyes rolling among some civic leaders in Scott County. Nor are the deals ones that every other suburban competitor is willing to consider. But the city insists that the long -term gains will justify the short-term sacrifice. The latest to surface is a possible deal to bring the headquarters of Datacard Group to Shakopee from Minnetonka, where the maker of secure ID and card personalization products had outgrown its space. With Shakopee's once - commanding lead in Twin Cities housing development slowly melting away, the cascade of subsidies is starting to suggest a community anxious about its future prospects. "We have a lot of people traveling out of town now to have those kinds of jobs," said the city's newly hired economic development chief, Samantha DiMaggio, who commuted from her home in Shakopee to St. Paul before starting her job in April. A lot of her neighbors work in Minneapolis and nearby suburbs like Eden Prairie, she added, and "we want to bring them back here." The pile of deals has some business owners, already unhappy with their own tax bills, grumbling, said Joe Wagner, a county commissioner who runs small businesses along the highway south of Shakopee. "What I hear from people is 'the big guys get the breaks and the little guy is on his own, "' he said. "And there's an element of truth to that." There's also the problem, added Chanhassen City Manager Todd Gerhardt, of where you stop. "You kind of wind up going down slippery slope. You start abating taxes for one and having to explain why you're not for others," he said. Chanhassen lost out to Shakopee in a competition for a major new installation for a division of Emerson Electric partly because the company wanted to spread out its operations, Gerhardt said. Emerson already has about 1,500 employees in Chanhassen. But the company did ask about the possibility of financial assistance for one Chanhassen property it had looked at, Gerhardt said. The city offered Emerson some breaks on permitting fees, Gerhardt said, "but nothing that could come close to the deal that Shakopee put together." Shakopee Mayor Brad Tabke concedes that the city will take a financial hit for quite some time — but he says it will be worthwhile. 1 of 2 7/17/2013 8:55 AM A photo of the existing ADC building in Shakopee that will be taken over by Emerson Electric Co's subsidiary that goes by the name of Rosemount Inc. StarTribune - Print Page http:// www. startribune.com/printwticle / ?id= 215394981 "We were a sleepy rural town that went through a heavy growth stage and then hit a very decisive lull," he said. "Something that does us immediate good in six months might not be the right path to take, versus something that's beneficial five or 10 or 20 years down the road. All these deals are extremely beneficial in the long term." And the deals the public knows about are just the start, he added; the city expects to announce more in the coming weeks and months. Major slowdown So far, however, there's little sign of a recovery for Shakopee in annual building permit totals and population estimates. For the first half of this year, the city has recorded 39 single - family housing construction permits, 10 fewer than the same period in 2012. The Metropolitan Council is warning that development is shifting heavily away from comfield- subdivision suburbs and toward the inner metro as demographics change. And that's notably true for Shakopee, one of very few major suburbs not to experience a major acceleration in its population growth rate last year. Even inner -ring Richfield added more population — quite a change from the past decade, when Shakopee's growth numbers were 18 times as big. In its quest for jobs, Shakopee has lowered the bar for what businesses receiving financial assistance must pay their employees. Last year, companies seeking economic incentives had their minimum wage requirements cut from $19.94 to $14.50 an hour. The reduction was described as a reaction to the recession, but was put into effect at least two years into the economic recovery. Wage levels don't appear to be an issue with Datacard. DiMaggio told a city committee last week that the jobs pay an average of $85,000 a year. The renovations Datacard would make would mostly turn manufacturing space into professional office space. A major plus for Shakopee, in the eyes of Commissioner Wagner and his colleagues: Despite the drop in wage requirements, it insists on well- paying jobs more than other places. "On the surface it doesn't look good, I know that," he said, "but that industrial park in Shakopee is an ATM for all of Scott County, it spins off so much money, and as long as we're getting good- paying jobs, jobs that fuel restaurants and homebuilding and not just starter homes but big ones, I can't help but feel it offsets it. Ten, eleven bucks an hour? No way." Still, DiMaggio agrees that part of the challenge for Shakopee will be to measure the benefits. The city worked with Greater MSP, a regional development partnership, to get an impact study on the upcoming move of Emerson. She also said the city hopes to develop more - specific criteria for which types of businesses it's willing to subsidize. "We're not just going to give [financial assistance] to everyone," she said. dapeterson @startribune.com " 952 - 746 -3285 susan.feyder @startribune.com " 952 - 746 -3282 ® 2013 Star Tribune 2 of 2 7/17/2013 8:55 AM >tarTribune - Print Page http://www.startribune.com/printarticle/?id=215394981 "We were a sleepy rural town that went through a heavy growth stage and then hit a very decisive lull," he said. "Something that does us immediate good in six months might not be the right path to take, versus something that's beneficial five or 10 or 20 years down the road. All these deals are extremely beneficial in the long term." And the deals the public knows about are just the start, he added; the city expects to announce more in the coming weeks and months. Major slowdown So far, however, there's little sign of a recovery for Shakopee in annual building permit totals and population estimates. For the first half of this year, the city has recorded 39 single - family housing construction permits, 10 fewer than the same period in 2012. The Metropolitan Council is warning that development is shifting heavily away from comfield- subdivision suburbs and toward the inner metro as demographics change. And that's notably true for Shakopee, one of very few major suburbs not to experience a major acceleration in its population growth rate last year. Even inner -ring Richfield added more population — quite a change from the past decade, when Shakopee's growth numbers were 18 times as big. In its quest for jobs, Shakopee has lowered the bar for what businesses receiving financial assistance must pay their employees. Last year, companies seeking economic incentives had their minimum wage requirements cut from $19.94 to $14.50 an hour. The reduction was described as a reaction to the recession, but was put into effect at least two years into the economic recovery. Wage levels don't appear to be an issue with Datacard. DiMaggio told a city committee last week that the jobs pay an average of $85,000 a year. The renovations Datacard would make would mostly turn manufacturing space into professional office space. A major plus for Shakopee, in the eyes of Commissioner Wagner and his colleagues: Despite the drop in wage requirements, it insists on well - paying jobs more than other places. "On the surface it doesn't look good, I know that," he said, "but that industrial park in Shakopee is an ATM for all of Scott County, it spins off so much money, and as long as we're getting good - paying jobs, jobs that fuel restaurants and homebuilding and not just starter homes but big ones, I can't help but feel it offsets it. Ten, eleven bucks an hour? No way." Still, DiMaggio agrees that part of the challenge for Shakopee will be to measure the benefits. The city worked with Greater MSP, a regional development partnership, to get an impact study on the upcoming move of Emerson. She also said the city hopes to develop more - specific criteria for which types of businesses it's willing to subsidize. "We're not just going to give [financial assistance] to everyone," she said. dapeterson @startribune.com • 952 - 746 -3285 susan.feyder @startribune.com • 952 - 746 -3282 ® 2013 Star Tribune 2 of 2 7/17/2013 8:55 AM Shak opee ays to get jobs SHAKOPEE FROM B1 E E, DEAL BY DEAL hired economic development chief, Samantha DiMaggio, who commuted from her home in Shakopee to St. Paul before starting her job in April. A lot of her neighbors work in Min- neapolis and nearby suburbs like Eden Prairie, she added, and "we want to bring them back here." The pile of deals has some business owners, already unhappy with their own tax bills, grumbling, said Joe Wag- ner, a county commissioner who runs small businesses along the highway south of Shakopee. "What I hear from people is `the big guys get the breaks and the little guy is on his own,"' he said. "And there's an element of truth to that." There's also the problem, added Chanhassen City Man- ager Todd Gerhardt, of where you stop. "You kind of wind up going down slippery slope. You start abating taxes for one and hav- ing to explain why you're not for others," he said. Chanhassen lost out to Sha- kopee in a competition for a major new installation for a division of Emerson Electric partly because the company wanted to spread out its opera- tions, Gerhardt said. Emer- son already has about 1,500 employees in Chanhassen. But the company did ask about the possibility of finan- cial assistance for one Chanhas- sen property it had looked at, Gerhardt said. The city offered Emerson some breaks on per- mitting fees, Gerhardt said, "but nothing that could come close to the deal that Shakopee put together." Shakopee Mayor Brad Tabke concedes that the city will take a financial hit for quite some time — but he says it will be worthwhile. "We were a sleepy rural town that went through a heavy growth stage and then hit a very decisive lull," he said. "Something that does us immediate good in six months might not be the right path to take, versus something that's M sa es � u. P; (B a 1 In the past year, Shakopee has used a variety of economic incentives to attract large companies. 2012 • Seattle -based SanMar Corp. gets $ 2 million in tax- incre- ment financing to build a distribution center. • Faribault -based Trystar Inc. gets a $1 million tax abate- ment for an office and manufacturing facility. 2013 • Shakopee approves a tax subsidy of almost $600,000 as part of a larger state and local financial package for Emerson Process Management Rosemount. The division of a St. Louis - based multinational will use the funds to help it expand into a large empty building near Valleyfair. Other deals are still in the works: • Datacard Group would move almost 700 jobs from its offices in Minnetonka. The city is considering a possible nine- year tax abatement on the increased taxes it would receive after Datacard acquires and renovates a building. • Compass Datacenters is another serious prospect. In April the City Council voted to offer the Dallas company a package that includes a 50 percent rebate in property taxes — up to $251,000 worth over nine years — in exchange for 40 new jobs. SUSAN FEYDER Major slowdown So far, however, there's little sign of a recovery for Shakopee in annual building permit totals and population estimates. For the first half of this year, the city has recorded 39 single - family housing construction permits, 10 fewer than the same period in 2012. The Metropolitan Council is warning that development is shifting heavily away from cornfield- subdivision suburbs and toward the inner metro as demographics change. And that's notably true for Shakopee, one of very few major suburbs not to experi- ence a major acceleration in its population growth rate last year. Even inner -ring Richfield added more population — quite a change from the past decade, when Shakopee's growth num- bers were 18 times as big. In its quest for jobs, Sha- kopee has lowered the bar for what businesses receiving financial assistance must pay their employees. Last year, companies seeking economic incentives had their minimum wage requirements cut from $19.94 to $14.50 an hour. The reduction was described as a an average of�o�vrr� -9 The renovations Datacard would make would mostly turn manufacturing space into pro- fessional office space. A major plus for Shako- pee, in the eyes of Commis- sioner Wagner and his col- leagues: Despite the drop in wage requirements, it insists on well- paying jobs more than other places. "On the surface it doesn't look good, I know that," he said, "but that industrial park in Shakopee is an ATM for all of Scott County, it spins off so much money, and as long as we're getting good - paying jobs, jobs that fuel restaurants and homebuilding and not just starter homes but big ones, I can't help but feel it offsets it. Ten, eleven bucks an hour? No way." Still, DiMaggio agrees that part of the challenge for Sha- kopee will be to measure the benefits. The city worked with Greater MSP, a regional devel- opment partnership, to get an impact study on the upcoming move of Emerson. She also said the city hopes to develop more - specific criteria for which types of businesses it's willing to subsidize. "We're not just going to give ay, be format', rates, nna 435 is@ I artribune. n /`; ition uired, is ®ws )le call nail „glints upon the snow I am the sunlight on ripened grain am the gentle autumn rain When you awaken in the morning's hush [am not there, I did Finance & Commerce > Print > Price tag for Datacard move to Shako. Finance & Commerce http: / /finance- commerce. com /wp- content /plugins /tdc -soc iable- toolba... http: / /finance - commerce.com Price tag for Datacard move to Shakopee: $29.5M by Chris Newmarker Published: July 9th, 2013 Datacard Group is looking at spending $29.5 million to buy and renovate a 370,000 - square -foot facility at 1187 Park Place in Shakopee, according to a city document The property itself is valued at $12 million for property -tax purposes, according to the staff report, prepared for a Shakopee Economic Development Advisory Committee meeting Wednesday. CBRE has been marketing the Shakopee building for $19 million. The city of Shakopee staff report offers extra tidbits of information about Datacard's plans, which the city announced last week A maker of security- card - making machines and systems, Datacard has outgrown its present 118,008- square -foot space at 11111 Bren Road W. in Minnetonka. Besides the potential move to Shakopee, Datacard officials are also looking at simply remodeling their existing Minnetonka building, buying a smaller auxiliary building about 2 miles away, and relocating some employees to Colorado, according to the city of Shakopee report. "At this time we do not have any plans of moving current Minnesota colleagues to the Colorado location," Datacard spokeswoman Kristin Eckmann said in an email Tuesday. "We are still actively looking at the site in Shakopee to accommodate our growth now and in the future." Shakopee and Scott County officials are considering a property -tax abatement of $100,000 to $200,000 for the Datacard project and are planning to support Datacard as it seeks state economic - development incentives. If Datacard goes for the Shakopee option, it could be adding about 120 jobs over the next three to five years — on top of the 680 people it already employs at Minnesota facilities, according to the report. More than 500 of Datacard's existing Minnesota jobs involve professional positions. The company generates a payroll of $65.1 million a year from its Minnetonka location, according to the report. The average salary per employee, not including benefits, is about $95,000. Datacard plans to make modifications to the Shakopee building, including the conversion of existing manufacturing space to office space, expanding the building to add a cafeteria and workout room for employees, and adding to the building's 680 existing parking spaces. The Scott County assessor has estimated that the property value would increase in a range of about $2.5 million to $4.5 million. The current owner, Swiss multinational TE Connectivity and its Berwyn, Pa. -based Tyco Electronics Corp., has been downsizing at the Park Place building since its 2010 acquisition of ADC. TE Connectivity plans to maintain a Twin Cities presence. 1 of 2 7/10/2013 9:18 AM Datacard plans to make modifications to the Shakopee building, at 1187 Park Place, including the conversion of existing manufacturing space to office space, expanding the building to add a cafeteria and workout room for employees, and adding to the building's 680 existing parking spaces. (Submitted photo: Costar) Jul 9, 2013, 10:54am CDT Twin Cities industrial vacancy lowest since 2007 Provided by Trammell Crow A rendering of Trammell Crow Co.'s speculative industrial building going up in Roseville. � Sam Black Senior reporter- Minneapolis /St. Paul Business Journal The vacancy rate for industrial real estate in the Twin Cities has dipped below 10 percent for the first time since 2007, according to a second - quarter market report released Tuesday. The industrial market is on a "stabilizing track" and the average vacancy for all types of industrial real estate in the Twin Cities is 9.9 percent, down from 10.3 percent at the end of the first quarter, according to the report produced by Colliers International Minneapolis -St. Paul. The office - warehouse segment (the most flexible type of space that appeals to large and small users) of the market is performing the strongest, with a vacancy of 8.7 percent. The bulk warehouse (used mostly for distribution centers, storage and large manufacturers) rate is 9.3 percent. The weakest segment is the office showroom market (with office -like finishes for industrial space) with a vacancy rate of 15.1 percent. The report declares that it's "still overall a tenants' market, with significant vacancies available." Landlords are making deals that allow them to hold lease rates at current levels but offering some concessions, such as a month of free rent per year of term on the lease. The Colliers report details a handful of industrial development underway in the metro, many of them that are being built speculatively (or prior to having lease deals): • Scannell Properties, Mendota Heights, (speculative) 70,000 square feet • Industrial Equities, Meridian Industrial Center St. Paul, (speculative) 68,000 square feet • Midtown Business Center, Roseville, Trammell Crow, (speculative) 185,000 square feet • Valley Park Business Center, Opus, Shakopee, (speculative) 200,000 square feet • Redevelopment of the BAE Building, Fridley, Hyde Development 1.5 million square feet, initial building 200,000 square feet • InverPoint Business Park Inver Grove Heights, United Properties, 130,000 square feet, first phase of a 450,000- square -foot complex • Boulder Lakes Business Park, Eagan, Interstate Partners, for tenant MISO, 60,000 square feet. Sam Black covers real estate, manufacturing, food, and economic development Our View: Minnesota is winning economic border battle - PostBulletin.com: Local Opinion Page 1 of 2 Our View: Minnesota is winning economic border battle Posted: Friday, July 5, 2013 3:10 pm When Gov. Scott Walker declared Wisconsin "open for business" and promised to bring 250,000 new jobs to Wisconsin by the end of 2014, many were concerned that his low -tax policies would lure jobs to Wisconsin at the expense of Minnesota. Yet more than two years after Walker made his proclamation, Wisconsin's economy appears to be stagnant, and Minnesota's is growing. Walker, more than halfway into his first term, is falling short of his ambitious goal. The U.S. Bureau of Labor Statistics says Wisconsin has added 62,000 jobs since Walker took office. Other economic numbers the contrast between the states: • The U.S. Chamber of Commerce put Wisconsin 44th in overall economic performance, while ranking Minnesota 15th. Worse yet, the Chamber study ranked Wisconsin dead last among the 50 states in short-term job growth, and Minnesota rated 18th. • Forbes magazine ranked Wisconsin 42nd in its annual Best States for Business survey, and Minnesota placed 20th. • Minnesota had the fifth- fastest growing economy in the nation in 2012, with the state's gross domestic product surging by 3.5 percent. The U.S. Commerce Department found that Wisconsin's economy is growing by a slower 1.45 percent. • The latest U.S. Census Bureau numbers lists Wisconsin's median household income at $52,374, and Minnesota's is $58,476. • Wisconsin's unemployment rate is 7.1 percent, and Minnesota's is 5.3 percent. By almost every measure, Minnesota is outpacing its next -door neighbor. So far, there's little substance in Wisconsin's "open for business" boast. Part of Wisconsin's inability to keep up with Minnesota can be explained by a 611 -page report released last month that dissected the Badger State's economy. Commissioned by the Wisconsin Economic Development Corp., the state's main job- creation agency, the study found that 36 of Wisconsin's 37 largest industries are in manufacturing. The report also said that because of the reliance on manufacturing, Wisconsin lags in innovation and technology. http:// www .postbulletin.com /opinionlour- view - minnesota -is- winning- economic - border - bat... 7/15/2013 Our View: Minnesota is winning economic border battle - PostBulletin.com: Local Opinion Page 2 of 2 That's where Minnesota's advantage lies. Acknowledged as a national leader in biomedical technology, environmental technology and renewable energy, Minnesota has a diverse economy in which manufacturing makes up 33 percent of the jobs, putting it in far better position than Wisconsin to adapt to the changing markets of the 21 st century. Since both were elected in 2010, Walker and Minnesota Gov. Mark Dayton have been trading barbs about business climate and leading their states down divergent paths. This year, Wisconsin's Republican- controlled Legislature passed its second straight budget with income and business tax cuts. Conversely, Minnesota's Democratic - controlled Legislature raised taxes on the wealthiest 2 percent of Minnesotans. Walker says Wisconsin soon will turn the economic tide with a business - friendly tax climate that rewards earners and attracts expanding companies. Time will tell, and the comparisons between Minnesota and Wisconsin will only get more interesting between now and the 2014 elections. http:// www .postbulletin.com /opinionlour- view - minnesota -is- winning- economic - border - bat... 7/15/2013 op States 2013: Overall Rankings Symbol /Company Go Symbol Go HOME NEWS MARKETS EARNINGS INVESTING SMALL BUSINESS VIDEO CNBC TV CNBC PRO Stocks Soar After Bemanke Comments; Dow Rallies Above All -Time Closing High Top States 2013: Overall Rankings littp://www.cnbc.comllc[/IUUZ524/ /9 Welcome. Guest Register I Sign In We scored all 50 states on 51 measures of competitiveness developed with input from business groups including the National Association of Manufacturers and the Council on Competitiveness. States received points based on their rankings in each metric. Then, we separated those metrics into ten broad categories, weighting the categories based on how frequently they are cited in state economic development marketing materials. That way, our study ranks the states based on the criteria they use to sell themselves. VIEW RANKINGS: Data Table I Chart I Maps Overall Ranking •Overall •State •Cost of Doing ♦Economy ♦infrastructure ♦Workforce TOuality of TTechnology it •Business Friendliness ♦Education TCost of Living TAccess to Capital Rank Business Life Innovation 1 South Dakota 1 6 19 11 7 48 2 30 26 ... 39 .......__. ..................... 2 Texas 35 1 1 11 41 2 20 10 9 3 3 North Dakota 12 2 2 8 5 46 6 36 30 29 4 Nebraska 10 4 16 23 4 36 3 30 5 39 5 Utah 21 10 21 19 21 23 4 39 11 7 5 Virginia 38 10 21 6 18 12 6 8 20 13 7 Colorado 37 7 23 10 15 8 17 15 32 11 8 Georgia 28 19 18 1 32 17 14 8 14 5 9 Wyoming 9 15 9 16 11 47 8 20 27 39 10 Idaho 7 31 20 14 16 37 5 33 3 39 ll Iowa 13 5 28 40 14 30 9 15 16 31 12 North Carolina 32 13 31 3 30 10 18 15 20 ............................. 15 13 Tennessee 14 9 2 ......______.... 5 . 49 25 18 45 2 27 14 Kansas 27 21 4 17 24 29 12 15 7 35 15 Minnesota 39 10 8 32 3 18 15 23 34 17 16 Massachusetts 47 3 40 28 13 7 21 7 43 1 17 Oregon 36 16 13 39 8 14 25 26 38 11 18 Indiana 26 32 5 27 39 24 10 13 6 25 of 3 7/11/2013 9:21 AM op States 2013: Overall Rankings http://www.cnbc.com/id/100824779 •Overail •State ♦Costof Doing Business •Economy ♦Infrastructure - ♦Workforce ♦Quality of Life ♦Technology& Innovation ♦Business Friendliness Education •Cost of Uving ♦Access to Capital Rank 19 Montana 5 19 12 34 12 40 43 23 30 39 20 Arizona 31 43 10 2 29 19 16 49 35 33 21 Washington 44 24 31 24 10 4 23 28 36 7 22 Wisconsin 28 34 17 40 19 19 24 13 28 21 23 South Carolina 8 35 15 9 41 26 34 36 19 19 24 Arkansas 4 18 34 7 40 38 43 15 7 37 25 Oklahoma 2 24 25 25 45 35 28 48 1 37 26 Missouri 19 17 5 48 47 22 29 20 11 23 27 New Hampshire 18 43 45 33 9 27 13 2 40 15 28 Ohio 23 22 11 47 44 16 33 12 14 17 29 Michigan 33 26 25 15 43 12 32 32 18 23 30 Florida 40 38 29 4 28 11 35 28 29 27 31 Delaware 24 27 39 30 34 39 1 34 37 14 32 Vermont 22 8 48 49 2 40 31 11 41 31 33 Alabama 6 40 27 25 45 34 37 36 13 39 33 New Mexico 15 30 23 38 26 32 47 46 25 29 35 New York 49 14 42 45 22 1 30 2 47 3 36 Kentucky 17 42 14 31 38 31 37 43 3 39 37 Illinois 44 45 5 29 30 5 36 22 23 25 38 Maine 16 46 44 43 5 32 27 27 39 33 39 Pennsylvania 44 29 33 44 33 5 41 6 33 5 40 Maryland 41 33 46 20 25 9 45 2 42 9 41 Mississippi 3 47 36 18 37 44 49 47 10 39 42 New Jersey 42 48 43 21 23 15 41 1 46 9 43 Louisiana 10 35 41 22 50 28 39 40 20 35 44 Alaska 25 23 38 36 35 50 10 35 49 39 45 Connecticut 43 39 49 37 17 21 26 5 48 19 46 Nevada 30 50 30 13 47 42 22 50 17 39 47 California 50 35 34 34 27 2 48 43 45 1 48 West Virginia 19 27 37 50 36 49 50 42 24 39 49 Rhode Island 34 49 47 42 20 42 46 23 44 21 50 Hawaii 48 41 50 45 1 45 40 40 50 39 „fZ 7/11/)nII Q•11 AX4 'op States 2013: Overall Rankings http://www.cnbc.com/id/100824779 ♦Overall ♦State •Cost of Doing •Economy ♦Infrastructure ♦Workforce ♦Qualityof Life ♦Technology& Innovation ♦Business Friendliness •Education •Cost of Living ♦Access to Capital Rank Business 19 Montana 5 19 12 34 12 40 43 23 , 30 39 20 Arizona 31 43 10 2 29 19 16 49 35 33 21 Washington 44 24 31 24 10 4 23 28 36 7 22 Wisconsin 28 34 17 40 19 19 24 13 28 21 23 South Carolina 8 35 15 9 41 26 34 36 19 19 24 Arkansas 4 18 34 7 40 38 43 15 7 37 25 Oklahoma 2 24 25 25 45 35 28 48 1 37 26 Missouri 19 17 5 48 47 22 29 20 11 23 27 New Hampshire 18 43 45 33 9 27 13 2 40 15 28 Ohio 23 22 11 47 44 16 33 12 14 17 29 Michigan 33 26 25 15 43 12 32 32 18 23 30 Florida 40 38 29 4 28 11 35 28 29 27 31 Delaware 24 27 39 30 34 39 1 34 37 14 32 Vermont 22 8 48 49 2 40 31 11 41 31 33 Alabama 6 40 27 25 45 34 37 36 13 39 ........ ..... ........... 33 New Mexico 15 30 23 38 26 32 47 46 25 29 35 New York 49 14 42 45 22 1 30 2 47 3 36 Kentucky 17 42 14 31 38 31 37 43 3 39 37 Illinois 44 45 5 29 30 5 36 22 23 25 38 Maine 16 46 44 43 5 32 27 27 39 33 39 Pennsylvania 44 29 33 44 33 5 41 6 33 5 40 Maryland 41 33 46 20 25 9 45 2 42 9 41 Mississippi 3 47 36 18 37 44 49 47 10 39 42 New Jersey 42 48 43 21 23 15 41 1 46 9 43 Louisiana 10 35 41 22 50 28 39 40 20 35 44 Alaska 25 23 38 36 35 50 10 35 49 39 45 Connecticut 43 39 49 37 17 21 26 5 48 19 46 Nevada 30 50 30 13 47 42 22 50 17 39 47 California 50 35 34 34 27 2 48 43 45 1 48 West Virginia 19 27 37 50 36 49 50 42 24 39 49 Rhode Island 34 49 47 42 20 42 46 23 44 21 50 Hawaii 48 41 50 45 1 45 40 40 50 39 of 3 7/11/2013 9:21 AM StarTribune - Print Page StarTribune Housing custom -made for seniors is booming as Twin Cities age Article by: JANET MOORE Star Tribune June 30, 2013 - 11:28 PM Housing developments that are custom -made for seniors are springing up across the Twin Cities in a new building blitz to accommodate the state's "silver tsunami" — its 1.5 million baby boomers nearing or now into retirement. More than 6,000 senior housing units are currently planned for the Twin Cities. While not all projects will be built and others may still be under wraps, about 1,100 senior units are under construction in the metro area, with most opening by the end of this year, says Tom Melchior, director of market research for CliftonLarsonAllen in Minneapolis. http://www.startribune.com/printarticle/?id=213776021 Anna Reed, Star Tribune The projects stretch from Burnsville to Maple Grove, and they come in many iterations, including independent and assisted - living units, plus nursing and memory care options for those suffering from Alzheimer's and other dementia - related illnesses. Every day between now and 2031, about 10,000 baby boomers across the country will turn 65 — a tempting demographic for the $250 billion senior housing industry. More for - profit developers are entering the space than ever before, said John Mehrkens, vice president of project development for Presbyterian Homes & Services, a Roseville -based nonprofit developer. "You see people looking at senior housing as a type of development that can get done, even if economic times are challenging," he said. 'The next wave' Despite the surge in development, the latest wave of senior housing is more likely to serve the boomers' parents — those in their mid -80s and older — than the boomers themselves, said Matt Alexander, director of development for Kraus - Anderson Realty in Bloomington, a longtime developer and builder of senior housing. "Boomers are the next wave." Because the oldest baby boomers turn 67 this year, "the real push [for senior housing] is going to start in about seven or eight years," he said. Between 2010 and 2040, the number of Twin Citians over the age of 65 will double from 307,000 to 770,000, according to the Metropolitan Council. By 2040, seniors will make up 21 percent of the population. For now, older boomers may be more interested in independent - living options. Plymouth -based affordable housing giant Dominium Co. is building two over -55 complexes in St. Anthony and Crystal, representing an investment of close to $50 million. In Crystal, 130 units are slated for property that once was home to the Cavanagh school at 5400 Corvallis Av. N., while in St. Anthony, 170 apartments are planned. "The demographics are so great for what we're doing," said Ron Mehl, Dominium's senior developer. While the complexes will feature amenities such as party rooms, guest suites and exercise facilities, "We don't have nursing services, or any services, that's exactly our niche," he said. One of the higher - profile development in the works is planned for Maple Grove, where developer Ryan Cos. has teamed up with SilverCrest Properties LLC to build a $34 million full- service senior campus at Weaver Lake Road and Main Street. Ground is expected to be broken in September. 1 of 2 7/17/2013 1:22 PM Eileen Roby, 92, left, and Katherine Pincus, 85, took a water aerobics Gass at Summit Place Senior Campus in Eden Prairie. Roby said the pool swayed her to choose Summit Place. StarTribune - Print Page http://www.startribune.com/printarticle/?id=213776021 The first part of the two -phase project includes a four -story building with 182 units spanning 260,000 square feet, located in the heart of the city's retail district. "The location is key because the kids of the people living in the community want to be close to restaurants and shopping," said Eric Anderson, vice president of development for the Minneapolis firm. "This isn't your grandparents' nursing home," he added. "It's more like a hospitality model." The current wave of construction is good news for an arm of the commercial real estate industry that slowed considerably during the Great Recession. Demand for senior housing waned in tough times, as many retirees saw their stock portfolios and home values shrink. Experts on aging say the majority of seniors prefer to "age in place" in their current homes and communities, close to family and friends. Among Minnesota's seniors, 86 percent live in a single - family home that they own, and most remain there even in retirement, according to the state Department of Human Services. "People don't want to move," said George Cundy, an architect who serves on the 50 -plus Housing Council for the Builders Association of the Twin Cities. "They like to stay in their house, and if they can't, they like to stay in their neighborhood, and if they can't stay in their neighborhood, they want to stay in their community." 'A different niche' With more senior projects coming on line, providers need to come up with strategies to differentiate themselves, especially as boomers move into the mix. "We decided early on that we needed a different niche from other providers, and we focused on wellness," said Michael Gould, president of SilverCrest Properties, which has five senior projects in the Twin Cities. "That's what people want; it was a huge discovery for us." One of the stand -out features of Summit Place is the HydroWorx aquatic treadmill. For years, athletes from the Vikings, Wild, Twins and Timberwolves sports teams used the pool - treadmill at the senior complex because there was nothing like it elsewhere in the Twin Cities. "When I told my partners I wanted to buy [the $300,000 piece of equipment], they thought I was out of my mind," Gould said. Shirley Schaller, 76, lived in Eden Prairie and began using the gym at Summit Place well before she moved to the complex. "Everyone was so nice, and you really get to know people," said Schaller. She was sold on the place and moved in a little over a year ago. As boomers live longer, senior communities will likely see more residents like June Sweet. At 100, the retired St. Paul homemaker is accustomed to being asked her secret to aging gracefully. "I do my chair exercises three times a week," she said. "It's important to get your circulation going." Sweet moved to Summit Place five years ago. "I like all the people here," she said. "We're all in the same boat. We're old." Janet Moore • 612 - 673 -7752 © 2013 Star Tribune 2 of 2 7/17/2013 1:22 PM Olson, David From: DEED Media <MNDEED @public.govdelivery.com> Sent: Thursday, July 18, 2013 9A5 AM To: Olson, David Subject: June Employment Press Release For Immediate Release Contact: Madeline Koch, 651 - 398 -9459 July 18, 2013 madeline.kochCa�i state.mn.us Steve Hine, 651 - 259 -7396 steve.hineCd)state.mn.us State Unemployment Rate Dips to 5.2 Percent —Private sector adds 2,500 jobs in June— ST. PAUL — The Minnesota unemployment rate fell to a seasonally adjusted 5.2 percent in June, reaching its lowest point since May 2008, according to figures released today by the Minnesota Department of Employment and Economic Development (DEED). The U.S. unemployment rate in June was unchanged at 7.6 percent. State employers added 400 jobs in June; a 2,500 increase in private sector hiring was offset by a 2,100 loss in government employment. May figures were revised upward by 1,900 jobs, from 8,400 jobs gained to 10,300. Over the past year, the state has added 54,100 jobs, a growth rate of 2 percent. The U.S. growth rate during that period was 1.7 percent. "The Minnesota economy continues to improve, with the unemployment rate reaching a post - recessionary low point and private sector employers adding 2,500 jobs in June," said DEED Commissioner Katie Clark Sieben. "We have now recovered 95 percent of the jobs that were lost in the recession." Professional and business services added 3,600 jobs last month to lead all sectors. Other gains occurred in trade, transportation and utilities (up 1,900), leisure and hospitality (up 1,400), logging and mining (up 200), and education and health services (up 100). Job losses occurred in June in government (down 2,100), financial activities (down 1,200), construction (down 1,000), manufacturing (down 1,000), information (down 900) and other services (down 600). Over the past year, professional and business services added 16,500 jobs. Other gains occurred during that period in leisure and hospitality (up 11,600), education and health services (up 11,000), trade, transportation and utilities (up 10,000), government (up 5,100), construction (up 2,100), logging and mining (up 300), financial activities (up 300) and information (up 100). Year - over -year job losses occurred in manufacturing (down 1,400) and other services (down 1,300). In the state Metropolitan Statistical Areas, job growth occurred in the past 12 months in the Minneapolis -St. Paul MSA (up 2.9 percent), St. Cloud MSA (up 2.2 percent), Mankato MSA (up 0.8 percent), Rochester MSA (up 0.6 percent) and Duluth- Superior MSA (up 0.4 percent). DEED is the state's principal economic development agency, promoting business recruitment, expansion and retention, workforce development, international trade and community development. For more details about the agency and our services, visit us at www.PositivelyMinnesota.com Follow us on Twitter at www.twitter.com /PositivelyMN Over The Year Em to ment Growth By Industry Sector NSA Seasonally adjusted Not seasonally adjusted Unemployment Rate June 2013 May 2013 June 2013 June 2012 Minnesota 5.2 5.3 5.2 5.9 U.S. 7.6 7.6 7.8 8.4 Employment June 2013 May 2013 June 1 12- June '13 Level Chan e June '12- June '13 % Change Minnesota 2 2 772 100 1 54 2.0 U.S. 135,902,000 135,707,000 2,249,000 1.7 Over The Year Em to ment Growth By Industry Sector NSA OTY Job Change OTY Growth Rate ( %) U.S. OTY Growth Rate Total Non -Farm Employment 54,100 2.0 1.7 Logging and Mining 300 4.7 1.5 Construction 2,100 2.0 3.1 Manufacturing -1400 -0.5 0.3 Trade, Trans. and Utilities 10,000 2.0 1.7 Information 100 0.1 0.3 Financial Activities 300 0.2 1.5 Prof. and Bus. Services 16,500 4.9 3.2 Ed. and Health Services 11,000 2.3 1.8 V Leisure and Hospitality 11,600 4.5 3.5 Other Services -1 -1.1 0.9 Government 5,100 1.2 -0.2 Upon request, the information in this news release can be made available in alternative formats by contacting the DEED Communications Office at 651- 398 -9459. Minnesota Department of Employment and Economic Development Communications Office Phone 651 - 398 -9459 or1- 800 - 657- 3858•TTY 1- 800 - 657 -3973 www.PositivelyMinnesota.com An equal opportunity employer and service provider. POSITIVELY Questions? Contact Us awrrr a Cwpgww w Ec�wac aww.wn STAY CONNECTED: ©© W O SHARE SUBSCRIBER SERVICES: Manage Preferences I Unsubscribe I Help This email was sent to dolson@ci.lakeville.mn.us using GovDelivery, on behalf of: Minnesota Department of Employment and r~ /� j " /V r Economic Development 332 Minnesota Street Suite E -200 Saint Paul, MN 55101 (800) 657-3858 oa r OTY OTY Employment Employment Change Change Metropolitan Statistical Area (# , NSA) % NSA Minneapolis -St. Paul MN -WI MSA 51 2.9 Duluth-Superior MN -WI MSA 600 0.4 Rochester MSA 700 0.6 St. Cloud MSA 2 2.2 Mankato MSA 400 0.8 Upon request, the information in this news release can be made available in alternative formats by contacting the DEED Communications Office at 651- 398 -9459. Minnesota Department of Employment and Economic Development Communications Office Phone 651 - 398 -9459 or1- 800 - 657- 3858•TTY 1- 800 - 657 -3973 www.PositivelyMinnesota.com An equal opportunity employer and service provider. POSITIVELY Questions? Contact Us awrrr a Cwpgww w Ec�wac aww.wn STAY CONNECTED: ©© W O SHARE SUBSCRIBER SERVICES: Manage Preferences I Unsubscribe I Help This email was sent to dolson@ci.lakeville.mn.us using GovDelivery, on behalf of: Minnesota Department of Employment and r~ /� j " /V r Economic Development 332 Minnesota Street Suite E -200 Saint Paul, MN 55101 (800) 657-3858 oa r