HomeMy WebLinkAboutItem 3City of Lakeville
Community & Economic Development
Memorandum
To: Mayor and City Council Members
From: David L. Olson, Community & Economic Development Director
Copy: Justin Miller, City Administrator
Kati Bachmayer, Economic Development Specialist
Travis Scoles, Senior VP - QA1 Precision Products Inc.
Chris Schastock, CBRE
Rachel Gradner, CBRE
Kylle Jordan, DEED
Date: November 26, 2018
Subject: Tax Increment Financing (TIF) Application – QA1 Precision Products Inc. Project
QA1 Precision Products Inc. has recently submitted an application for Tax Increment
Financing to assist in the development of a new 100,000 square foot manufacturing facility.
This new manufacturing building is proposed to be the third project developed in Interstate
South Logistics Park located at the southwest quadrant of Co. Rd. 70 and Dodd Blvd. The
proposed new 100,000 manufacturing facility would replace two existing adjacent buildings
owned by QA1 in Airlake Industrial Park. The main existing QA1 building is located at 21730
Hanover Avenue and is 57,130 square feet and the adjacent second building is located at
7885 218th Street and is 28,192 square feet. The proposed project would result in the creation
of 44 full-time jobs in Lakeville over the next five years with an average wage level of $40,600
per year, not including benefits.
QA1 was established in 1993 and is a manufacturer of high performance automotive after-
market automotive parts including shock absorbers, carbon fiber driveshafts, bearings, rod
ends, ball joints and other related items for the racing industry and other markets including
construction, fitness, and agriculture industries. QA1 currently employs 95 people. In recent
years, QA1 has acquired several other companies and through continued growth and
technology developments, has become one of the leading U.S. manufacturers of high
performance aftermarket suspension components and carbon fiber driveshafts. The need for
this expansion is being driven by projected growth, customer demands and capacity
constraints in their current facilities.
The estimated total development cost of this new proposed manufacturing facility is
$11,459,000. Of the total estimated development cost, $2,809,000 of these costs is
considered eligible for TIF assistance. The TIF application has identified a financing gap of
$3,000,000 for the project. The Developer’s estimated building construction cost is
$7,500,000. Using this estimated construction cost, it is estimated that this project would
generate between $500,000 and $700,000 in available tax increment. This increment would
be paid out over the next 10-11 years on a “Pay-as-you-go” approach with annual
reimbursements based on a percentage of the actual new tax increment received.
The TIF application indicates that “but for” Tax Increment Financing, it is not economically
feasible for QA1 to construct a new manufacturing building in Lakeville. QA1 indicates that
the estimated costs of expanding in Lakeville versus an out-of-state market is approximately
$3 million more over a 10-year period. The cost gap is caused by the cost of labor, real estate
taxes, and sale taxes on the one-time costs. TIF support will make the project feasible from a
Return-on-Investment (ROI) standpoint.
This application appears to be consistent with the City’s current Business Subsidy Policy and
Tax Increment Policy. If the EDC and City Council concur, the next step in the process would
be to retain Springsted, the City’s TIF consultant, to prepare a draft Tax Increment Financing
Plan for this project and to send out the required notice of fiscal impact to Dakota County and
ISD 194 prior to the City Council holding a public hearing on the creation of a Tax Increment
Financing District for this project. Concurrent with the process for the creation of a new TIF
District would be the preparation of a proposed TIF Agreement between the City and QA1
that would spell out the terms and conditions of any proposed TIF assistance.
DEED Applications: QA1 is also seeking funding from two different programs with the
Minnesota Department of Employment and Economic Development (DEED). The first is an
application for up to $350,000 from the DEED Job Creation Fund (JCF). This is a pay for
performance program that provides job creation awards and capital investment rebates to
businesses that retain or create high paying, full-time jobs and invest in real property
improvements. The award amount for the job creation is paid out over a 4-5 year period and
the rebate for the real property improvements is paid at the end of the first complete year.
This program requires a resolution of support from the City.
The Minnesota Investment Fund (MIF) is a loan program based upon capital investment and
the creation of new full-time jobs within 2 years. The assistance can be in the form of a loan
or forgivable loan. DEED has determined the project may qualify for a $100,000 forgivable
loan. This program would require that the City be applicant for the loan funds from DEED in
the form of a grant and the City would enter into a loan agreement with QA1. This program
requires that the City hold a public hearing prior to the submission of the application to
DEED.
EDC Recommendation: The Economic Development Commission reviewed this preliminary
tax increment financing application at their October 30, 2018 Meeting and unanimously
recommended proceeding with application including the preparation of a proposed tax
increment financing plan.
Action Requested: Staff is requesting a consensus of the City Council as to whether to
proceed with the processing of the Tax Increment Financing application from QA1 Precision
Products Inc. Representatives of QA1, CBRE, and MN Department of Employment and
Economic Development will be in attendance at the Work Session.
CITY OF LAKEVILLE
ECONOMIC DEVELOPMENT COMMISSION
MEETING MINUTES
October 30, 2018
1. Chair Scherer called the meeting to order at 4:00 p.m. in the Marion Conference
Room at City Hall.
Members Present: Comms. Collman, Dautel, Emond, Gillen, Matasosky, Scherer,
Smith, Starfield, Vlasak
Ex-officio members: Mayor Anderson, City Administrator Miller, Chamber President
Jech
Members Absent: Comm. Seiler
Others Present: David Olson, Community & Economic Development Director; Kati
Bachmayer, Economic Development Specialist; Rachel Gradner, CBRE; Travis
Scoles, QA1; Kylle Jordan, MN Department of Employment and Economic
Development (DEED); Dan Salzer, Scannell Properties
2. Approval of September 25, 2018 Meeting Minutes
Comms. Matasosky / Emond moved to approve the minutes of the September 25
meeting as presented. Motion carried unanimously.
3. Review of Preliminary Application for Tax Increment Financing Assistance
from QA1 Precision Products Inc.
The City recently received a Tax Increment Financing application from QA1
Precision Products Inc. to assist in the potential development of a new 100,000
square foot manufacturing facility. The proposed new building would be the third
project developed in Interstate South Logistics Park, located at the southwest
quadrant of Co. Rd. 70 and Dodd Blvd, and would replace two existing adjacent
buildings owned by QA1 in Airlake Industrial Park. If the proposed project moves
forward, it would result in the retention of 95 Lakeville jobs and the creation of 44
additional full-time jobs in Lakeville over the next five years, with an average wage
level of $40,600 per year, not including benefits. The estimated total development
cost of this new proposed manufacturing facility is $11,459,000 and $2,809,000 of
the estimated cost is considered eligible for TIF assistance. The TIF application has
identified a financing gap of $3,000,000 for the project. The Developer’s estimated
building construction cost at $7,500,000 and it is estimated that this proposed project
would generate between $500,000 and $700,000 in available tax increment. The tax
increment would be paid out over the next 10-11 years on a “pay-as-you-go”
approach with annual reimbursements based on a percentage of the actual new tax
increment received. The TIF application indicates that “but for” Tax Increment
Economic Development Commission Minutes October 30, 2018 Page | 2
Financing, it is not economically feasible for QA1 to construct a new manufacturing
building in Lakeville. QA1 indicates that the estimated costs of expanding in
Lakeville versus an out-of-state market is approximately $3 million more over a 10-
year period. The cost gap is caused by the cost of labor, real estate taxes, and sale
taxes on the one-time costs. Receipt of TIF support is identified as making the
project feasible from a Return-on-Investment (ROI) standpoint.
Rachel Gradner, CBRE and Travis Scoles, QA1 Precision Products Inc. attended
the meeting to present information about the company and its TIF application. Dan
Salzer, Scannell Properties was also present as a representative of the proposed
location in Interstate South Logistics Park. Scoles said QA1 has experienced
significant growth since 2011 and anticipates that growth to continue. The current
two-building system is inefficient and lacks space for expansion. EDC members
asked for more information about the project’s equity package, its current employee
travel radius, a breakdown of the new job wages and benefits, and its hiring plans in
a tight labor market.
Kylle Jordan, DEED shared information on the state agency’s programs that may be
available to the company should this proposed project occur in MN. Those programs
include the Minnesota Job Creation Fund, Minnesota Investment Fund, and
Minnesota Job Skills Partnership.
Comms. Starfield / Smith moved to recommend review of the preliminary Tax
Increment Financing application from QA1 by the City Council and HRA Board.
Motion carried unanimously.
4. Presentation of Proposed County Road 70 Expansion Plan by City Engineer
Zach Johnson, City Engineer attended the meeting to provide information on the
upcoming County Road 70 Expansion Plan. The City is partnering with Dakota
County officials on the project which will expand County Road 70 into a 4-lane,
principle arterial roadway from Kenrick Ave/Kensington Blvd to Cedar Ave. Meetings
have already been held with businesses and land owners who will be directly
affected by the project. Public meetings will be held in early December to share
information with the community. Feedback on the project will be collected through
the end of 2018, design and Right-of-Way acquisition will take place in 2019 and
preliminary construction could begin in Summer 2020. Updates and information
about the project can be found at: www.highway70expansionproject.com.
5. Director’s Report / Development Update
Mr. Olson reviewed the Director’s Report and showed a PowerPoint of recent
commercial construction projects occurring in the City. Lakeville is on track to issue
a similar number of single-family building permits in 2018 compared to 2017. The
City had a good turnout for its Manufacturers Appreciation Event held on October 2.
A Workforce Development Panel Discussion and Appreciation Reception were held
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PROJECT: QA1 Precision Products Relocation
1. Business Name: QA1 Precision Products Inc
Address: 21730 Hanover Ave, Lakeville, MN 55044
Telephone: 952-985-5675
Contact: Ralph Thatcher, CFO
2. Brief description of the business:
QA1 was established in 1993 and specializes in providing performance shock
absorbers, carbon fiber driveshafts, suspension, rod ends, spherical bearings, ball
joints and other related items to a variety of markets including: circle track racing;
drag racing; street performance; street rodding; construction, fitness; agriculture
and packaging equipment; as well as several other industrial markets.
3. Present ownership of the site:
The potential site is owned partially by Thomas J & Jane M TS Stepka, Michael V &
Jean A T Hauer, et al and a smaller portion by Scannell Properties #347, LLC.
4. Proposed project: Building square footage, size of property, description of buildings
– materials, etc.
The proposed project would require the purchase of approximately eight (8) acres to
build a new 100,000-square foot manufacturing facility with the ability to expand
within five (5) years.
The preliminary shell building design includes insulated load bearing precast wall
panels, anodized aluminum and insulated glass storefront and window system.
Elevations and renderings to follow once developed.
Approximately $2.65 million of IT and machinery and equipment is planned for the
new facility.
General Building Specs:
- Total Building: 100,000 SF
- Manufacturing: 46,000 SF
- Warehouse: 38,000 SF
- Office: 16,000 SF
- Building clear height: 28’ (roughly 32’ to top of parapet wall)
- Number of Docks: 5
CITY OF LAKEVILLE TAX INCREMENT FINANCING
APPLICATION
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- Number of Tractor Trailer Parking Spaces: 10 spaces (against the building)
- Number of Employee Parking Spaces: 220 spaces
5. Total Estimated Project Costs:
a. Land Acquisition $950,000
b. Site & Shell Cost (incl. design) $4,500,000
c. Fit-Out $3,000,000
d. M&E and IT $2,650,000
d. Permits & Impact Fees $359,000
Total $11,459,000
6. Estimated Project Costs Eligible for TIF Assistance (i.e. Acquisition, Demolition, Site
Improvements, Utilities, Streets):
a. Site Improvements $1,500,000
b. Land Acquisition $950,000
c. Permits & Impact Fees $359,000
Total $2,809,000
7. PLEASE SUBMIT PROJECT PROFORMAS SHOWING NEED FOR ASSISTANCE (I.E.
WITH ASSISTANCE AND WITHOUT).
Bank(s) Equity State Local Gov't
Other Total
Property Acquisition
Site and Shell
Fit-out
Purchase of M&E
Infrastructure
Other: IT/Office
Other: Permits & Impact Fees
Total Project Costs
$950,000 $950,000
$4,500,000 $4,500,000
$2,650,000 $350,000 $3,000,000
$2,400,000 $100,000 $2,500,000
$0
$150,000 $150,000
$359,000 $359,000
$0
$11,009,000 $0 $450,000 $0 $0 $11,459,000
8. Total Estimated Market Value at completion: $8,450,000 (cost of construction)
9. Estimated real estate taxes upon completion: $132,800 annual estimate
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10. Source of Financing:
a. Equity $0
b. Bank Loan $8,650,000
c. TIF (Gap) $3,000,000
Total $11,459,000
11. Amount of Assistance (Estimated Gap): 3,000,000
12. Type of Assistance Requested (Upfront or Pay-as-you-Go): Pay-as-you-go
13. Name & Address of architect, engineer, and general contractor:
• Pope Architects: 1295 Bandana Blvd N, Suite 200, St. Paul, MN 55108
• Innovative Structural Solutions: 5279 Kyler Avenue NE, Albertville, MN
(Robert Hutchinson, PE)
• Civil, Landscape, MEP and General Contractor: TBD
14. Project construction schedule:
a. Construction Start Date May 2019
b. Construction Completion Date November 2019
c. If phased project: _Year % Complete
_Year % Complete
15. State specific reasons why assistance is necessary for the project (the “but for”
test).
This project represents a new 100,000-square foot, build-to-suit facility if located in
Minnesota. If located outside of Minnesota, the project would represent an
expansion in a market that meets the business requirements related to supply chain,
labor and low operating costs. The expansion need is driven by projected growth,
customer demands and current capacity constraints. Tax Increment Financing
assistance will facilitate the project occurring in Lakeville as the site requires mass
grading and up-front investment to construct the building. The project will be
funded by a loan with interest only payments during construction and personal
property investment will require financing or using a line of credit. TIF support will
make the project feasible from an ROI standpoint. Over a 10-yer period, the
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estimated cost of the expansion versus the cost of expanding in an out-of-state
market is up to $3.0 million more expensive in Minnesota. The cost gap can be
attributed to the cost of labor, real estate taxes and sales taxes on the one-time
costs. TIF assistance will reduce the overall cost of expanding in Minnesota and
increase the likelihood of the project occurring in the state.
16. Please indicate how the project would meet one or more of the following: Economic
Development goals; creation of jobs that pay wages adequate to support
households, job retention, or tax base expansion.
- This project represents the creation of 44 net new jobs to the State of Minnesota
and the City of Lakeville with an average starting wage of $40,600, excluding
benefits, over 5 years. These jobs are assembly, welding, engineering, IT,
material handling CNC, customer service, tech support and other office roles.
There will be approximately 10 new jobs in the first year of occupancy, 9 net
new jobs in year two and an additional 11 net new jobs in year 3 and the
remaining jobs created in years four and five. The jobs are high-quality positions
with the entry level positions starting at $14.00 per hour. The company has
approximately 95 existing employees which would be retained as part of the
expansion project with an average annual wage of $51,000, excluding benefits.
Benefits include medical and dental insurance with HRA and FSA, vision plan, life
insurance, 401K match and profit sharing, long and short-term disability, paid
holidays and PTO. The company offers tuition reimbursement and
reimbursement for on-going training.
- The total proposed investment is approximately $11,459,000 which includes
$8,809,000 for land acquisition, site work, construction, fit-out and permit/impact
fees and $2,650,000 in IT and M&E. Thus, the project meets the Economic
Development goals of job creation, investment, and tax base expansion.
17. Municipal Reference (if applicable). Please name any other municipalities wherein
the applicant, or other corporations the applicant has been involved with, has
completed developments within the last five years.
18. Additional Comments:
- This project represents an expansion to support future growth and customer
demands in a market that meets business requirements and the ability for future
expansion.
19. Submit this form along with an initial $500 nonrefundable application fee. An
additional fee of $5,500 will need to be submitted should the request for assistance
proceed. If the City incurs out-of-pocket costs in excess of $6,000 for legal,
financial, and engineering consultants in conjunction with the review and processing
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of this application and the project does not proceed, the applicant agrees to reimburse
the City for these additional out-of-pocket expenses.
ADDITIONAL DOCUMENTATION AND CHECKLIST
Applicants will also be required to provide the following documentation.
All personal financial information will be kept private and confidential.
1. Written business plan or a description of the business, ownership/
management, date established, products and services, and future plans.
2. Two-year financial projections, or if housing project, or leased space, include a
10-year operating pro-forma.
3. Letter of commitment from other sources of financing, stating terms and
conditions of their participation in the project.
4. Initial nonrefundable application fee of $500, with a $5,500 fee to follow
should the request for assistance proceed. In addition to defraying the cost of
staff time, the fee will be used to pay costs associated with processing this
request for financial assistance such as legal, engineering and financial
analysis. The City reserves the right to stop the processing of the request until
additional fees are paid should the original amount be insufficient to pay such
costs. That portion which remains unspent, if any, will be returned only if the
project is denied approval.
5. Attach the following documentation:
Attached Part 1 – Corporation/Partnership Description
Attached Part 2 – List of Shareholders/Partners
Attached Part 3 – Description of Project
Attached Part 4 – But For Analysis
n/a Part 5 – List of Prospective Lessees
Attached Part 6 – Legal Description, Property Identification Numbers,
maps of the project area, and project renderings
Attached Part 7 – Public Purpose Narrative
Attached Part 8 – Sources & Uses of Funds – Additional Information
The undersigned certifies that all information provided in this application is true and correct to
the best of the undersigned’s knowledge. The undersigned authorizes the City of Lakeville to
check credit references, verify financial and other information, and share this information with
other political subdivisions as needed. The undersigned also agrees to provide any additional
information as may be requested by the City after the filing of this application.
Applicant Name Date
By
Its
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1. The company is looking to build a new manufacturing facility to meet customer
demands and new growth. The company is evaluating markets that will offers
customer access, manufacturing talent and lower operating costs.
Founded in 1993 by Jim Jordan, QA1 introduced rod ends and spherical bearings
specifically for the performance racing industry, quickly becoming the #1 name
in rod ends, spherical bearings, custom linkages and similar products to the
motorsports industry.
With the purchase of Hal Shocks in 1998, QA1 started manufacturing shock
absorbers for the drag racing market. In 1999, QA1 introduced racer revalveable
and rebuildable shocks for circle track racing, saving racers time and money.
Over the next six years, QA1 fine-tuned and expanded its product offering by
adding several shocks and struts engineered for street performance and circle
track applications. QA1 purchased Carrera Shocks in 2004, making QA1 the #1
manufacturer of performance racing shocks. In 2011, QA1 acquired Edelbrock’s
suspension line and CAP Auto Products, further expanding its line of fabricated
suspension components.
Always on the cutting edge of technology, QA1 recently introduced its Advanced
Materials Division, offering in-house filament winding of carbon fiber and similar
materials, to provide driveshafts and other products.
QA1's ability to impact sales to the automotive racing and performance markets
has been rapid. Inc. magazine twice ranked QA1 Precision Products, Inc. in its
top 500 list as amongst the fastest growing privately held companies in the
United States.
With continued focus to fine-tune and expand its product offering of American-
made high-performance suspension components and carbon fiber driveshafts,
QA1 has grown to be a household name in the performance aftermarket.
QA1 also supplies a variety of products to various industrial markets, including
agricultural, lawn and garden, construction and more. Our expert engineering,
design and quality control personnel, coupled with our international
manufacturing alliances, allow us to lead the way in providing quality and
consistent products at competitive prices. With over 6,500 SKUs, QA1 has the
selection to fit any industrial need. We offer a variety of connection components,
including: rod ends, spherical bearings rod eyes, linkage adjusters, ball joints,
shock absorbers, tube adapters, spacers, filament wound tubes, custom products
and more.
QA1’s #1 priority is quality, which is why their quality system is certified to the
ISO 9001 standard. QA1’s products are designed, built and tested to ensure
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consistent quality, ultimate reliability and unbeatable performance. QA1
follows strict processes, use precision machinery and inspect all products to
ensure the quality meets the highest standards.
2. Financials
3. The project will be funded with a construction loan and either financing
the personal property investment or using a line of credit.
4. Fee
5. Additional Detail
a. Part 1 & 2:
Corporation/Partnership Description: QA1 is a privately
held corporation
List of Shareholders/Partners with 10% ownership or more:
b. Part 3:
The company is looking to build a new manufacturing facility to
meet customer demands and new growth. The company is
evaluating markets that will offers customer access,
manufacturing talent and low operating costs.
Project Gold represents a 100,000-square foot build-to-suit
manufacturing facility with the preference to own the facility in
the final market. The total proposed investment is
approximately
$11,459,000 which includes $8,809,000 for land acquisition,
site work, construction, fit-out and permit/impact fees and
$2,650,000 in IT and M&E. The site under consideration in
Lakeville is approximately eight (8) acres.
The project would require approximately 44 net new jobs to
Lakeville and the State of Minnesota with an average starting
wage of $40,600, excluding benefits. These jobs are primarily
assembly, welding, CNC material handling and engineering
positions and includes customer service, sales, marketing, IT,
purchasing and other office roles. There will be approximately
10 new jobs in the first year of occupancy, 9 net new jobs in
year two and an additional 11 net new jobs in year 3 and the
remaining jobs created in years four and five. The company
has approximately 95 existing employees which would be
retained as part of the expansion project with an average
annual wage of $51,000, excluding benefits. Benefits include
medical and dental insurance with HRA and FSA, vision plan,
life insurance, 401K match and profit sharing, long and short-
term disability, paid holidays and PTO. The company also offers
tuition reimbursement and reimbursement for on-going
training.
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HIRING SCHEDULE 2019 2020 2021 2022 2023 TOTAL AVERAGE
STARTING WAGE
Admin Support 1 1 1 1 1 5 $50,000
Customer Service/Tech Support 1 1 1 1 4 $37,000
HR 1 1 $55,000
Purchasing 1 1 $40,000
Sales 1 1 2 $72,000
Marketing 1 1 $46,000
CNC 2 1 1 1 1 6 $48,000
Material Handling 1 1 2 $32,000
IT 1 1 $37,500
Engineering 1 1 1 3 $51,000
Assembly 4 3 2 2 2 13 $29,100
Welding 1 1 1 1 1 5 $36,800
TOTAL 10 9 11 7 7 44
AVERAGE WEIGHTED SALARY (rounded) $40,600
c. Part 4
Project Gold would not occur without TIF assistance and the
market value of the project site will result in a higher value
than if TIF was not used.
This project represents a new 100,000-square foot, build-to-
suit facility if located in Minnesota. If located outside of
Minnesota, the project would represent an expansion in a
market that meets the business requirements related to supply
chain, labor and low operating costs. The expansion need is
driven by projected growth, customer demands and current
capacity constraints. Tax Increment Financing assistance will
facilitate the project occurring in Lakeville as the site requires
mass grading and up-front investment to construct the
building. The project will be funded by a loan with interest only
payments during construction. TIF support will make the
project feasible from an ROI standpoint. Over a 10-yer
period, the estimated cost of the expansion versus the cost of
expanding in an out-of-state market is up to $3.0 million more
expensive. The cost gap can be attributed to the cost of labor,
real estate taxes and sales taxes on the one-time costs.
TIFassistance will reduce the overall cost of expanding in
Minnesota and increase the likelihood of the project occurring in
the state.
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d. Part 5: n/a
e. Part 6: Legal Description, Property Identification Numbers, maps of the
project area, and project renderings
PIN: 220310075011; 223751000040
Map of project area and project renderings: See below for a
preliminary site plan.
10
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f. Part 7: Public Purpose Narrative
Project Gold will result in increased employment and result in
preservation and enhancement of the tax base
Project Gold represents a 100,000-square foot built-to-suit
manufacturing facility with the preference to own the facility in the
finalist market. The total proposed investment is approximately
$11,459,000 which includes $8,809,000 for land acquisition, site
work, construction, fit-out and permit/impact fees and $2,650,000
in IT and M&E. The final sites under consideration are
approximately eight (8) acres. The project would result in
approximately 44 net new jobs to Lakeville and the State of
Minnesota with an average starting wage of $40,600, excluding
benefits. There will be approximately 10 new jobs in the first year
of occupancy, 9 net new jobs in year two, 11 net new jobs in year
3 and the remaining jobs created in years four and five. The
company has approximately 95 existing employees which would be
retained as part of the expansion project with an average annual
wage of $51,000, excluding benefits. Benefits include medical and
dental insurance with HRA and FSA, vision plan, life insurance,
401K match and profit sharing, long and short-term disability, paid
holidays and PTO. The company offers tuition reimbursement and
reimbursement for on-going training.
g. Part 8: Sources & Uses
Bank(s) Equity State Local Gov't
Other Total
Property Acquisition
Site and Shell
Fit-out
Purchase of M&E
Infrastructure
Other: IT/Office
Other: Permits & Impact Fees
Total Project Costs
$950,000 $950,000
$4,500,000 $4,500,000
$2,650,000 $350,000 $3,000,000
$2,400,000 $100,000 $2,500,000
$0
$150,000 $150,000
$359,000 $359,000
$0
$11,009,000 $0 $450,000 $0 $0 $11,459,000
*M&E and IT investment occurs over 5 years
QA1 Current Lakeville Sites
Property Information
October 25, 2018
0 225 450112.5 ft
0 60 12030 m
1:2,400
Disclaimer: Map and parcel data are believed to be accurate, but accuracy is not guaranteed. This is not a legal document and should not be substituted for a title search,appraisal, survey, or for zoning verification.
57,130 SF
3.35 Acres 28,192 SF
3.34 Acres
QA1 Owned
1.09 Acres
QA1 Proposed Project Site
Property Information
October 25, 2018 0 450 900225 ft
0 130 26065 m
1:4,800
Disclaimer: Map and parcel data are believed to be accurate, but accuracy is not guaranteed. This is not a legal document and should not be substituted for a title search,appraisal, survey, or for zoning verification.
Proposed
Project Site
8 Acres
Schneiderman's
Distribution Center
Future 150,000 SF
Spec Building
PROPOSED
PROPERTY
LINE
PROPERTY
LINE
PROPERTY
LINE
DODD BLVD
FUTURE
PARKING
EXPANSION
PROPOSED
PROPERTY
LINE
PROPOSED
BUILDING
100,084 SF
TRUCK
COURT
65
84
60
GROSS BUILDING AREA:
OFFICE: 15,582 SF
MANUFACTURING:43,780 SF
WAREHOUSE: 38,160 SF
EXTERIOR WALLS: 2,562 SF
TOTAL GROSS BUILDING AREA: 100,084 SF
PARKING REQUIREMENTS:
OFFICE: 15,582 x 90% x 1/200 SF = 70
MANUFACTURING:43,780 x 90% x 1/350 SF = 113
WAREHOUSE: 38,160 x 90% x 1/1000 SF = 35
TOTAL REQUIRED PARKING SPACES =218
TOTAL PROVIDED PARKING SPACES =220
SITE AREA: 466,213 SF (10.70 ACRES)
FUTURE
BUILDING
EXPANSION
37,728 SF
FUTURE
COURT
EXPANSION
64
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382'-0"144'-0"
15'-1 5/16"
24'-0"
14'-10"
23'-8 27/64"262'-0"10/15/2018 10:38:54 AM
C:\Revit Projects\61166-18093 QA1 - R18 - workshared_rlister.rvt
QA1 PRECISION PRODUCTS - NEW FACILITY
1234 ANY STREET
LAKEVILLE, MN
10/11/18 | COMM#61166-18093
NORTH
PROJECT SITE
TRAILER PARKING
ACCACCREF.DWREF.REF.REF.REF.ACCACCACCACC
A
1
B
C
D
F
2 3 4 5 6 7 8 9
SHOCK, FAB ASSY, CNC
RAW MATERIAL
4,915 SF
3,059.45 SF
HOIST 3,191.67 SF
VEHICLE
STOR
1,720.51 SF
BREAK
297 SF
CONF
700.86 SF
WORK CAFE
256.53 SF
OFF
98.91 SF
OFF
128.44 SF
CONF
98.91 SF
OFF
98.91 SF
OFF
98.91 SF
OFF
103.92 SF
OFF
98.91 SF
OFF
98.91 SF
OFF
190.34 SF
OFF
137.88 SF
CONF
127.01 SF
OFF
99 SF
OFF
99 SF
OFF
103.92 SF
OFF
270.61 SF
REST
247.93 SF
REST
85.04 SF
WR
CNC
EXPANSION
3,700 SF
FAB ASSY AND BOX
2,560 SF
SHOCK ASSEMBLY
2,470 SF AMD
FINISHED GOODS
WELDING
3,950 SF
SHIPPING
QUAL LAB
1,300 SF
RECEIVING
CNC
5,550 SF
DRIVE-IN
DOOR
RECEPTION
VENDOR / 8 PEOPLE
OPS
ENGINEERING
(24 WORKSTATIONS)
ENG
(PROGRAMMER)
ADMIN /
ACCOUNTING
CHANGING CHANGING
WAREHOUSE
MANAGERS
OPS
ACCOUNTING
IT
WORKSTATION
10-12 PEOPLE
STAIR TO
MEZZANINE
FUTURE
ELEVATOR
COLLABORATION
VP OF OPS
DIR OF ENG
EVP (TRAVIS)
PRESIDENT (MELISSA)
IT
ACCOUNTING
240 SF
DYNO
120 SF
OFF
120 SF
OFF
168 SF
CONF
CORR
WAITING AREA
127.47 SF
OFFICE
99 SF
OFF
99 SF
OFF
115.75 SF
OFF
119.67 SF
STOR
184.83 SF
OFFICE
102.62 SF
OFF
SALES
MARKETING
TECH/CS
SALES /
MARKETING /
CS GROUP
SALES
SALES
SALES
DIR BD
SALES
469.34 SF
CONF /
TRAINING COLLABORATION
AREA
67.04 SF
IT
241.37 SF
CONF
100.84 SF
VESTIBULE
679.37 SF
CORRIDOR
109.87 SF
VESTIBULE
81 SF
STOR
6 PEOPLE
59.62 SF
STOR
AIR COMPRESSOR
IN MEZZANINE
ABOVE
126.75 SF
OFF
159.75 SF
TLT
229 SF
TLT
SHIPPING
MANAGER
93.96 SF
CONF
89.91 SF
OFF
89.91 SF
OFF
89.91 SF
OFF
METAL CHIP
RECYCLING 177.92 SF
MECH / ELEC
SHIPS LADDER TO
MEZZANINE ABOVE
SHIPS LADDER TO
MEZZANINE ABOVE
WOOD TRASH BIN
HR
89.91 SF
OFF
252.84 SF
REST
204.39 SF
REST
59.11 SF
MOTHERS
ROOM
43.82 SF
JAN
199.13 SF
CONF
45.51 SF
ELEV
EQUIP
45.04 SF
STOR
20 PEOPLE
8 PEOPLE
C:\Revit Projects\61166-18093 QA1 - R18 - workshared_rlister.rvt
QA1 PRECISION PRODUCTS - NEW FACILITY
1234 ANY STREET
LAKEVILLE, MN
11/02/18 | COMM#61166-18093
STAINED PRECAST WALL
PANELS
ALUMINUM
STOREFRONT
WINDOWS
ALUMINUM CURTAIN
WALL GLAZING
PREFINISHED METAL
PANELS
PREFINISHED METAL
PANELS
ALUMINUM
STOREFRONT
WINDOWS
STAINED PRECAST WALL
PANELS
FIRST LEVEL
100'-0"
SECOND LEVEL
114'-0"
TOP OF WALL AT ENTRANCE
132'-0"
C:\Revit Projects\61166-18093 QA1 - R18 - workshared_rlister.rvt
QA1 PRECISION PRODUCTS - NEW FACILITY
1234 ANY STREET
LAKEVILLE, MN
10/25/18 | COMM#61166-18093
3/32" = 1'-0"A3.1P1A
1 PRELIMINARY SOUTH BUILDING ELEVATION
3/32" = 1'-0"A3.1P1A
4 PRELIMINARY EAST BUILDING ELEVATION
3/32" = 1'-0"A3.1P1A
2 PRELIMINARY NORTH BUILDING ELEVATION
3/32" = 1'-0"A3.1P1A
3 PRELIMINARY WEST BUILDING ELEVATION
PRELIMINARY EXTERIOR ELEVATIONS