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HomeMy WebLinkAbout4B EDA Report 4646 Dakota Street SE Prior Lake, MN 55372 ECONOMIC DEVELOPMENT AUTHORITY AGENDA REPORT MEETING DATE: April 17, 2017 AGENDA #: 4B PREPARED BY: Casey McCabe, Community Development Specialist AGENDA ITEM: DEVELOPMENT UPDATE (3/31/2017) DISCUSSION: Introduction Staff has prepared a development update as of March 31, 2017 for EDA review. Conclusion The attached memorandum provides a summary of commercial development in the City of Prior Lake to date in 2017. FINANCIAL IMPACT: ALTERNATIVES: RECOMMENDED MOTION ATTACHMENT: None. 1. Motion and a second, under the Consent Agenda, to accept the Develop- ment Update through March 31, 2017. 2. Motion and second to table action and provide direction to staff. Alternative No. 1. 1. Development Update Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com Memo Date: April 12, 2017 To: City of Prior Lake Economic Development Authority From: Casey McCabe, Community Development Specialist Subject: Residential & Commercial Activity Update Below is an update of commercial development in t he City of Prior Lake as of March 31, 2017. Name Address Type (New/Relocation/Expansion) Previous Tenant/Owner gg Boutique 16180 Hastings Ave. SE Relocated Business Giggle Gals The Magnolia Shop 4773 Dakota St. SE New Business gg Boutique Trademark Title Services 16268 Eagle Creek Ave. SE New Business ReMax Olive Moon 4775 Dakota St. SE Relocated Business Finder's Fee Whitmer Crafts 4646 Colorado St. SE New Business Vacant Canvas Tattoo 6880 Boudin St. NE Relocated Business Verizon Edward Jones - Scott Pierce 16154 Main Ave. SE, Suite 110B Relocated Business Wensmann Office - Lakefront Plaza Edward Jones - Christy McCoy 4719 Park Nicollet Ave. Suite 260 New Business/Tenant Build-Out Vacant Luxury Laser Edu 14070 Commerce Ave. NE Ste. 200 New Business Kids Talk Childrens Therapy Sweet Nautical 16228 Main Ave. SE, Ste 101 New Business Lakes Area Realty Blahnik Law Office 4617 Colorado St. SE Relocated Business/New Construction Former Single Family Residential 2017 Prior Lake Commercial Activity