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Home My WebLink About07 27 2017 FULL EDAC Packet Economic Development Advisory Committee Meeting Agenda Thursday, July 27, 2017 7:30 a.m. City Hall, Wagon Bridge Conference Room Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com 1. Call to Order 2. Approval of Meeting Minutes a. June 22, 2017 3. Old Business a. Outreach & Marketing Subcommittee Update (verbal report) b. EDAC Name Change Discussion (verbal report) 4. New Business a. EDAC Action/Discussion Items 5. Other Business a. EDA Meeting Update b. Residential and Commercial Activity Update c. Staff Update i. Development Map ii. Land Use Plan Update iii. Planner d. Member Ideas/Recommendations 6. Next Meeting Date a. Thursday, August 24, 2017 7. Adjourn 1 4646 Dakota Street SE Prior Lake, MN 55372 CITY OF PRIOR LAKE, MINNESOTA ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MEETING MINUTES – June 22, 2017 1. Call to Order The meeting was called to order at 7:34 a.m. in the Wagon Bridge Conference Room at Prior Lake City Hall. Members present: Lloyd Erbaugh, Bill Henry, Kim Prchal, Stephanie Carrol, Thane Tande and EDA Liaison Kirt Briggs. 2. Approval of Meeting Minutes a. May 25, 2017 MOTION BY HENRY and SECOND BY PRCHAL to approve the May 25, 2017 meeting minutes. Motion adopted unanimously. 3. Old Business a. Outreach & Marketing Subcommittee Marketing Committee report was provided. Comments included issues with an EDAC Facebook account, as the account is tied to an individual’s Facebook account. Alternate opportunities will be pursued and may potentially include the City serving as the user. b. EDAC Name Change Discussion Suggestions included Business Relations and Retention Committee (BRR) or to include Business Advocacy of some sort. Discussion will be continued to a future meeting. 4. New Business a. EDAC Flyer Update Discussion of the EDAC Flyer was continued to a future meeting. 5. Other Business a. EDA Meeting Update Briggs and Prchal provided a summary of the May 15, 2017 EDA meeting. Discussion topics included the EDA’s focus on attracting business and the EDAC taking care of the existing businesses. The EDA was very concerned about the Google search when new or existing business would be changing location or moving into Prior Lake – the EDA/EDAC do not come up at all and First Stop Shop didn’t come up at all – the only return was Scott County’s website. EDAC representatives requested more frequent joint meetings between the EDA and EDAC; 6 joint meetings (EDA comes to EDAC 3 times – EDAC goes to EDA 3 times) was proposed. Prchal: discussed an economic development website with a user-friendly front end, a query layer. Committee members discussed what information should be provided. EDAC needs to come forward with a budget proposal for the Business Mixer and proposed budget for 2018. b. Residential and Commercial Activity Update EDAC Members: received a copy of the residential and commercial activity update as of May 31, 2017. c. Member Ideas/Recommendations A business mentorship program was discussed. EDAC Members: in attendance felt any restrictions which limited use of properties within the TC-T use district should be lifted. The Marketing Committee will provide dates for the fall event; formerly the business mixer. The EDAC should discuss ideas to bring visitors to Prior Lake during Super Bowl week. 6. Next Meeting Date. The next regular meeting of the EDAC will be on Thursday, July 27, 2017 at 7:30 a.m. 7. Adjourn. MOTION BY HENRY and SECOND BY PRCHAL to adjourn the meeting. Motion adopted unanimously. The meeting adjourned at 8:54 a.m. Submitted by: Kim Prchal, Vice Chair 4646 Dakota Street SE Prior Lake, MN 55372 ECONOMIC DEVELOPMENT ADVISORY COMMITTEE REPORT MEETING DATE: July 27, 2017 AGENDA #: 4.a. PREPARED BY: Casey McCabe, Community Development Director AGENDA ITEM: EDAC ACTION/DISCUSSION ITEMS DISCUSSION: Introduction The July 17th EDA work session topics included a discussion about EDAC goals, direction and pri- orities. The EDA discussed multiple projects in which the EDAC could assist the EDA and the City of Prior Lake in 2017 and 2018. CH21 Corridor Study – One potential projects included communicating with all businesses in town related to the CH21 corridor planning which is currently underway. A website has been created: https://clients.bolton-menk.com/movingforward13-21/ which includes project and study information, opportunities to participate in the planning and discussions as well as multiple surveys related to the upcoming project. The EDA would like to encourage all businesses and residents, not just those downtown, to participate in this process. The EDA felt the EDAC could greatly assist in getting the word out through the commercial area liaison program. Communication - The EDA also felt the EDAC could assist with communicating to businesses about other upcoming projects, particularly Duluth Ave and Hwy 13 intersection. The Engineering staff have been asked to develop a fact sheet that will be made available on the City and/or 21/13 website. The EDAC will also be asked to help get this information out to business owners so they are aware of their opportunities to participate in the discussion and can properly plan for these upcoming pro- jects. MPLS/STP Magazine - The EDA would like the EDAC to weigh in on how the City can capitalize on and get the most out of the MPLS/STP magazine coverage. The August MPLS/STP magazine has a 32-page article on Prior Lake which highlights the city’s recreation, entertainment and overall qual- ity of life. The Prior Lake Chamber coordinated this effort with multiple businesses and the result was a very flattering overview of Prior Lake. This type of coverage is extremely positive and the city would like to promote the article and build upon the positive momentum. Winter Event - The EDA has discussed opportunities to bring visitors to the community all months of the year. One option would be to host a large winter event that would draw residents from other communities. The Vikings Winterfest was successful last year so one option would be to build upon that with similar events. Another option would be to identify a niche event that may draw crowds from a broader area. If this were pursued, what role should the EDAC play and what other organi- zations should be involved? ALTERNATIVES: Discussion Only. 4646 Dakota Street SE Prior Lake, MN 55372 ECONOMIC DEVELOPMENT ADVISORY COMMITTEE REPORT MEETING DATE: July 27, 2017 AGENDA #: 5.a. PREPARED BY: Casey McCabe, Community Development Director AGENDA ITEM: EDA MEETING UPDATE DISCUSSION: Introduction The EDA held a work session on July 17, 2017; discussion topics included: ➢ CH21 Corridor Improvement Project Update ➢ Development Update ➢ Prior Lake Super Bowl Activities ➢ EDAC Goals/Direction/Priorities ➢ Comprehensive Plan Process Update Conclusion Updates of EDA activity related to the above listed topics will be presented to the EDAC during the ir July 27th meeting. ISSUES: Update Only. FINANCIAL IMPACT: None. ALTERNATIVES: Update Only. 4646 Dakota Street SE Prior Lake, MN 55372 ECONOMIC DEVELOPMENT ADVISORY COMMITTEE REPORT MEETING DATE: July 27, 2017 AGENDA #: 5.b. PREPARED BY: Casey McCabe, Community Development Director AGENDA ITEM: RESIDENTIAL AND COMMERCIAL ACTIVITY UPDATE DISCUSSION: Introduction Staff has prepared a development update as of June 30, 2017, for EDAC review. The attached memorandum provides a summary of commercial and industrial development and residential con- struction in the City of Prior Lake. ALTERNATIVES: RECOMMENDED ALTERNATIVE: ATTACHMENT: Information Only. Information Only. 1. Development Update Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com Memo Date: July 19, 2017 To: City of Prior Lake Economic Development Advisory Committee From: Casey McCabe, Community Development Director Subject: Residential & Commercial Activity Update Below is an update of residential and commercial development in the City of Prior Lake as of June 30, 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 Lease Space 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 Lease Space 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 SF Residential Fountain Hills Self-Storage 4400 Fountain Hills Dr. NE New Construction Vacant Land Medical Office Development SW corner of Duluth Ave/CH21 New Construction Vacant Land SDDI Sign Systems 5702 Graystone Ct. SE New Construction Vacant Land 2017 Prior Lake Commercial Activity Number of Permits Declared Value Number of Permits Declared Value Number of Permits % Increase / (% Decrease) Declared Value % Increase / (% Decrease) Single Family Dwellings 40 $12,915,000.00 58 $20,736,000.00 (31.03)(37.72) Townhouses (# units)0 $0.00 4 $676,000.00 (400.00)### Multiple Units 1 $8,787,000.00 2 (168 units)$21,501,000.00 (50.00)(59.13) New Commercial Industrial & Commercial 0 $0.00 0 $0.00 n/a n/a Residential 396 $2,218,057.00 337 $2,534,100.00 17.51 (12.47) Industrial & Commercial 6 $347,500.00 6 $216,500.00 0.00 60.51 Mechanical 280 $0.00 376 $0.00 (25.53)n/a Mechanical (SF & TH)156 $0.00 232 $0.00 (32.76)n/a TOTALS 879 $24,267,557.00 1013 $45,663,600.00 (13.23)(46.86) Increase / (Decrease)  Mechanical permits include but are not limited to furnaces, water heaters, softeners, and fireplaces. They are flat-rate permit fees. Mechanical (SF & TH) permits include required plumbing, heating, sewer and water and fireplace permits for new single family residences. They are flat-rate permit fees. 2017 Year to Date 2016 Year to Date New Residential Additions and Alterations