HomeMy WebLinkAbout4a. October Economic Development Report
Memorandum
To: Economic Development Commission
From: Kati Bachmayer, Economic Development Manager
Copy: Tina Goodroad, Community Development Director
Justin Miller, City Administrator
Date: October 28, 2025
Subject: Economic Development Report
This memo is intended to provide information on new and expanding businesses, proposed
development projects and economic development-related events.
Business & Development Updates
• The Waters of Kingsley Shores & Kingsley Place held a grand re-opening on September
18 to celebrate the senior living facility's new ownership. The Waters is located at
16880 Klamath Trail and offers independent living, assisted living and memory care.
• Midwest Facial Plastic Surgery hosted a grand opening on September 25 to celebrate
its newest MedSpa and clinic. The business can be found at 11020 161st Street West in
the same building as Midwest Ear, Nose & Throat Specialists.
• Best Brains Learning Center held a ribbon cutting ceremony on September 26 to
celebrate opening at 17600 Cedar Avenue. The business specializes in teaching students
ages 3 to 14 math, English, abacus and coding.
• Children’s Dental Care & Orthodontics held a ribbon cutting on October 13 to
celebrate the completion of its 2,571-square-foot addition to the existing building at
17677 Cedar Avenue. The new space has allowed the business to add orthodontic
services.
• During the October 6 City Council meeting:
o A site improvement performance agreement was approved for the construction
of a 11,500-squarefoot office/warehouse/storage building for NPL Construction.
The property is located immediately east of NPL's current location at 8190 215th
Street West.
o A final plat was approved for Marketplace at Cedar. The project proposes nine
commercial lots and three outlots to be located south of 179th Street West, east
of Cedar Avenue and west of Glacier Way.
o A conditional use permit and variance was approved for Chart House to tear
down the existing detached bar building and construct a new 2,660-square-foot
structure.
o Preliminary and final plat applications were approved for Launch Park Fourth
Addition, which proposes the construction of three garage condo buildings for
Lakeville FlexSpace and one outlot for future industrial development to be
located east of Cedar Avenue and south of future 222nd Street West.
o Preliminary and final plat applications for the Spirit of Brandtjen Farm
Commercial 7th Addition, which proposes the construction of a 9,205-square-
foot commercial building for Grow Pediatrics to be located directly south of
Valvoline Instant Oil Change, off Pilot Knob Road and 160th Street West.
• During the October 16 Planning Commission meeting:
o A conditional use permit for Mister Car Wash was recommended for city
council approval. This project is proposed to be constructed in the Marketplace
at Cedar development.
o Proposed development scenarios were reviewed as part of the Southwest Study
Area AUAR by Artemis Development Company. The AUAR is considering a mix
of future residential and commercial uses to be located west of I-35 and south
of 210th Street West (south of Candlewood Suites).
• During the October 20 City Council meeting, the City Council approved a conditional
use permit to allow the construction of a Taco Bell with a drive-thru service window in
the Marketplace at Cedar development.
Under Construction
• A building permit was recently issued to Tropical Smoothie Café (17685 Kenwood Trail)
for tenant improvements, and a sign permit was issued to Metropolitan Pediatrics
(20520 Keokuk Avenue) – the business plans to transition from its current Burnsville
site to Lakeville in early 2026.
• Wild Things Indoor Playground tenant improvement is nearing completion and the
business plans to hold a grand opening celebration on November 15-16 at 20450 Kenrick
Avenue (north of Porterhouse).
• Work continues on Dakota Electric Association’s new HQ site to be located north of
225th Street and east of Cedar Avenue.
• Progress continues on the Lakeville 35 Logistics Center. The 189,678-square-foot spec
industrial building will be located at 21300 Juniper Way and its first identified tenant is
Pickle in the Middle.
Building Permit Report
The City has issued building permits with a total valuation of $290,707,293 through September.
This compares to a total valuation of $194,520,426 for building permits issued through
September 2024.
The City issued permits for 176 single-family homes through September with a total valuation
of $59,529,365. This compares to 220 single-family home permits through September 2024 with
a total valuation of $67,106,000.
The City has also issued 231 townhome permits with a total valuation of $58,694,358 through
September, compared to 87 townhome permits with a total valuation of $20,634,000 during the
same period in 2024.
Lakeville ranked #1 in Twin Cities residential building permits according to Housing First
Minnesota. Visit LakevilleMN.gov for more information on year-to-date building permit totals.
Additional Highlights
• Community Development staff will host a booth at the 18th Annual MNCAR Expo on
November 6. This event attracts more than 700 commercial real estate dealmakers and
is an opportunity to promote Lakeville as a great place for development.
• The City of Lakeville expressed its appreciation to our manufacturing businesses for
Manufacturing Month on October 13 and 14 through the personal delivery of gift
baskets to over 80 businesses. The gift baskets were made possible thanks to our
generous sponsors (Gold Sponsors: Appro-Cerron, Lakeville Chamber, Lakeville Works,
Likewise Partners, Visit Lakeville; Silver Sponsors: Airlake Development, Dakota
Electric Association, Scannell Properties; and Bronze Sponsors: Express Employment
Professionals, Minnesota Energy Resources) and delivered by Community
Development staff, Chamber staff and Appro-Cerron volunteers. A video about
Manufacturing Month was also shared on the City’s social media platforms the week
of October 20.
• Four Business Retention & Expansion visits were completed in October.
Development News Resources
• Lakeville’s Interactive Development Map includes information on development projects.
• Thrive! Business Newsletter is distributed monthly and includes development updates
and helpful business resources.
• City of Lakeville YouTube channel for Thrive! videos and other city news.