HomeMy WebLinkAbout5. Director's Report 5.25.21
City of Lakeville
Community & Economic Development
Memorandum
To: Economic Development Commission
From: David L. Olson, Community and Economic Development Director
Copy: Justin Miller, City Administrator
Kati Bachmayer, Economic Development Coordinator
Date: May 25, 2021
Subject: May December Director’s Report
The following is the Director’s Report for May 2021.
Development Update
The following are updates on a number of active commercial, industrial, and multi-family
residential projects:
• Several applications to construct or expand restaurant patios have been received
recently, including Porterhouse (expansion, approved 4/5), Northern Taphouse (new,
approved 5/3) and El Parian Mexican Restaurant (expansion, approved 5/17).
• The Lakeville Area Chamber of Commerce hosted a ribbon cutting ceremony for
HOTWORX on May 21. The new business is located at 17693 Kenwood Trail in the
Southfork Center. HOTWORX offers a variety of workouts that take place in infrared
saunas using virtual instructors.
• Raising Cane’s has submitted a conditional use permit application and plans have been
submitted for a 3,700-square-foot restaurant with drive-thru service. The new building
would be located near Target on the vacant lot near I-35 and north of 185th Street. This
project was recommended for approval by the Planning Commission on May 6th and
will be reviewed by the City Council at an upcoming meeting.
• Scannell Properties has recently submitted a building permit application to construct a
158,000-square-foot building in Interstate South Logistics Park. The building would be
located north of Schneiderman’s Distribution Center, at the southwest corner of CR 70
and Dodd Blvd. Scannell is currently in discussions with Outdoor GreatRoom Company
(OGC), who would occupy approximately 100,000 square feet of space. OGC is working
with DEED and the City to submit a Job Creation Fund Program application.
• Launch Properties has submitted an application for Launch Park Third Addition, which
would consist of a 20.3-acre lot and a 42,000-square -foot building. The proposed user
of the new building is Old Dominion Freight Line, a truckload shipping company that
offers regional, inter-regional and national LTL service.
• Preliminary and final plat applications and plans have been submitted by Apple Auto
Group for Airlake Station Second Addition, which consists of one commercial lot located
south of Lakeville Boulevard (CSAH 50) and east of Cedar Avenue (CSAH 23) next to the
new U-Haul. In addition, a conditional use permit application was submitted to allow a
58,550 square foot automotive service and repair and sales facility in the C-2 District.
• Summit Orthopedics continues construction. The new 25,660-square-foot building will
be located at 17210 Kenyon Avenue, near Holiday gas station and Perkins.
• The Keokuk Liquor Store construction is making progress and the new store is expected
to open in fall 2021. The building is located near Harry’s Scratch Kitchen and Hampton
Inn & Suites off I-35 and CR 70.
• Construction continues on the new 750,000-square -foot Amazon office and distribution
center building. The property is located south of 217th Street and west of Dodd
Boulevard (CSAH 9) – south of QA1. The new Amazon facility is valued at $45 million,
will bring 100-200 jobs to Lakeville and is anticipated to open in Fall 2021.
• Arris Apartments is under construction. The 197-unit market-rate apartment building
will be located at 10805 173rd Street, just south of Fleet Farm.
• Construction continues on FedEx Freight’s 88,255-square-foot addition to the
maintenance and warehouse buildings. FedEx Freight is located at 9331 217th Street at
the southeast quadrant of 215th Street (CSAH 70) and Dodd Boulevard (CSAH 9).
• Superior Decks & Railings is nearing completion on its 62,000-square-foot building
located at 7776 Lakeville Boulevard. The business designs and manufactures aluminum
decks, railings and fences.
Building Permit Report
The City has issued building permits with a total valuation of $ 26,517,715 through April. This
compares to a total valuation of $116,175,158 for building permits issued through April of 2020.
The City issued permits for 190 single-family homes through April with a total valuation of $
60,590,000. This compares to 187 single-family home permits through April of 2020 with a total
valuation of $56,600,000.
The City has also issued 54 townhome permits with a total valuation of $11,463,000 through
April, compared to 29 townhome permits with a total valuation of $6,486,000 during the
same period in 2020.
Lakeville has issued the highest number of residential permits year-to-date in the Twin Cities
followed by Woodbury, Cottage Grove, Dayton and Otsego.
Additional Highlights
DEED’s QCEW (quarterly census of employment and wages) has been updated and reflects all
quarters in 2020. As you can see below, Lakeville’s employment increased in Q4 and our annual
employment ended up pretty close to 2019 levels. No 2021 numbers have been posted as of
today.
Employment
Geography Industry Ownership Year Q1 Q2 Q3 Q4 Annual
Lakeville,
Dakota
Total, All
Industries
(000000)
Total, All
Ownerships 2020 17,632 15,934 16,984 17,540 17,023
Lakeville,
Dakota
Total, All
Industries
(000000)
Total, All
Ownerships 2019 17,010 17,848 17,565 18,022 17,611