The URL can be used to link to this page

Home My WebLink About09 28 2017 FULL BEC Packet Business Engagement Committee Meeting Agenda Thursday, September 28, 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. August 24, 2017 3. Old Business a. Outreach & Marketing Subcommittee Update (verbal report) i. Fall Business Event; ‘Talk of the Town’ ➢ Budget ➢ Marketing ➢ Meeting Format / Topics b. Commercial Liaison Business Visits (verbal report) 4. New Business a. 2040 Vision and Strategic Plan (verbal report) b. CH 21 Corridor Meetings (verbal report) i. Project Alternatives ii. Speak Up Forum iii. October 10th Open House (4:30-7:30 City Hall) 5. Other Business a. EDA Meeting Update b. Residential and Commercial Activity Update c. Staff Update i. Candy Crawl d. Member Ideas/Recommendations 6. Next Meeting Date a. Thursday, October 26, 2017 7. Adjourn 1 4646 Dakota Street SE Prior Lake, MN 55372 CITY OF PRIOR LAKE, MINNESOTA ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MEETING MINUTES – August 24, 2017 1. Call to Order The meeting was called to order at 7:37 a.m. in the Wagon Bridge Conference Room at Prior Lake City Hall. Members present: Bill Henry, Kim Prchal, Jeff Petschl, Ron Martin, Stephanie Carrol and Chamber Liaison Sandi Fleck. Staff present: Casey McCabe and Amanda Schwabe. 2. Approval of Meeting Minutes a. July 27, 2017 MOTION BY PETSCHL and SECOND BY PRCHAL to approve the July 27, 2017 meeting minutes. Motion adopted unanimously. 3. Old Business a. Outreach & Marketing Subcommittee i. Fall Business Event Prchal: stated she sent a poll to EDAC members related to dates for the fall business event. Ms. Prchal received nine votes total and seven of the votes favored a meeting date of Thursday, October 12th. October 12th was selected as the date for the (yet to be named) fall business event. Prchal: recommended a subcommittee is formed to plan the fall business event; Petschl, Martin, Carrol and Prchal volunteered to serve on the subcommittee. EDAC Members: requested staff ask the EDA for a funding in the amount of $1,000 for the fall event. EDAC Members: discussed a location for the event, which has included Fongs and the Wilds in previous years; other locations were discussed as alternatives. The event marketing subcommittee will review locations and make a recommendation to the committee. Petschl: recommended a ‘save the date’ reminder is emailed to potential attendants and sent via Facebook. ii. Website / Facebook Presence Prchal: summarized previous committee discussion related to a Facebook presence for the committee. Committee members were hesitant to have the page tied to their personal Facebook accounts. It was recommended that a profile be created specifically for an EDAC Facebook page. McCabe: stated the EDA has received a report from Prchal and Erbaugh related to an Economic Development focused website. The EDA was receptive to the idea and would appreciate receiving a more detailed presentation which would include the proposed content, costs, maintenance plan, etc. Carrol: recommended the EDAC create a free square space trial mock-up and present it to the EDA. Martin: offered to assist with the website development and felt a Word Press site may be simple enough to maintain and inexpensive. Prchal: stated the marketing subcommittee will discuss content for the website. b. EDAC Name Change Discussion Prchal: emailed committee members with potential names to rename the EDAC following the July meeting. Four votes were received for Business Communications Committee, six votes were received for Business Engagement Committee, one vote was received to keep the EDAC name. Petschl: commented that the Business Engagement Committee name compliments the newly created Citizen Engagement Committee. MOTION BY PETSCHL and SECONDED BY HENRY to recommend the advisory committee name Economic Development Advisory Committee be changed to Business Engagement Committee. Motion adopted unanimously. McCabe: stated staff will take the recommended name change to the EDA for approval. c. EDAC 2018 Budget McCabe: summarized the budget discussion at the August 14th EDA meeting. The EDA discussed an annual allocation of funds to the EDAC for marketing or print purposes. The EDA has not adopted a resolution in support of a budget request; however, the EDA indicated support for a $750 annual allocation of its professional services fund for EDAC activities. Mr. McCabe commented that the EDAC does not anticipate hosting a fall business event in 2018; the EDAC budget request would likely increase in years when a fall business event is held. 4. New Business a. None 5. Other Business a. EDA Meeting Update McCabe: provided a summary of the August 14, 2017 EDA meeting, which included the following discussion items: ➢ Jeffers Pond PUD ➢ Preliminary 2018 EDA Budget ➢ C-3, Business Park Exterior Building Materials ➢ Strategic Property Acquisition Funds ➢ Downtown Development & Improvements b. Residential and Commercial Activity Update EDAC Members: received a copy of the residential and commercial activity update as of July 31, 2017. c. Member Ideas/Recommendations Prchal: asked committee members to circulate potential names for the fall business event so a name can be selected and included on the save the date. EDAC members commented that the new committee name also be included on the save the date. It was suggested the business event meeting invitation include an agenda/timeline for the event, which will be less formal and more social than previous years. Prchal: commented on an EDA presentation which included information about the commercial areas of the community and suggested some of that content be shared with the businesses. McCabe offered to share a presentation the mayor has been giving related to current development activities in Prior Lake. The content will be reviewed by the marketing subcommittee to determine what content would be the most valuable to share with businesses in the community. 6. Next Meeting Date. The next regular meeting of the EDAC will be on Thursday, September 28, 2017 at 7:30 a.m. 7. Adjourn. MOTION BY PRCHAL and SECOND BY HENRY to adjourn the meeting. Motion adopted unanimously. The meeting adjourned at 8:48 a.m. Submitted by: Casey McCabe B u s i n e s s E n g a g e m e n t C o m m i t t e e a n d t h e E c o n o m i c D e v e l o p m e n t A u t h o r i t y i n v i t e y o u t o T H U R S D A Y , O C T O B E R 1 2 6 P M - 9 P M T H E W I L D S G O L F C L U B T A L K O F T H E T O W N LIVE WORK P LAY L I G H T A P P S & C A S H B A R HOSTED BY: THE CITY OF PRIOR LAKE BUSINESS ENGAGEMENT COMMITTEE talkofthetownpl.eventbrite.com OR Casey McCabe 952.447.9815 cmccabe@cityofpriorlake.com R S V P 6PM SOCIAL MEET & GREET 6:30PM WELCOME by BEC & MAYOR BRIGGS 7PM TABLE & OPEN GROUP DISCUSSION 8:30-9PM OPEN NETWORKING E V E N I N G A G E N D A An open forum for business leaders, property owners and developers to gather with local elected and appointed officials to share opportunities, express concerns or offer ideas to make Prior Lake a stronger business community. COMMERCIAL & RESIDENTIAL UPDATES TRANSPORTATION IMPROVEMENTS 21 CORRIDOR PROJECT COMMUNITY FEEDBACK D I S C U S S I O N I N C L U D E S : A-1 Arcadia w/ Traffic Signal at TH 13 A-2 Arcadia w/ Roundabout TH 13 B -1 Main w/ Traffic Signal at TH 13 B -2 Main w/ Roundabout at TH 13 4646 Dakota Street SE Prior Lake, MN 55372 BUSINESS ENGAGEMENT COMMITTEE REPORT MEETING DATE: September 28, 2017 AGENDA #: 5.a. PREPARED BY: Casey McCabe, Community Development Director AGENDA ITEM: EDA MEETING UPDATE DISCUSSION: Introduction The EDA held a regular meeting on September 11, 2017; discussion topics included: ➢ EDA Revenue & Expenditure Report (8/31/17) ➢ Development Update (8/31/2017) ➢ 2018 EDA Tax Levy and Budget ➢ CH21 Corridor Study Presentation - Chris Chromy, Bolton & Menk ➢ EDAC Update (Name Change & Event Funding) Conclusion Updates of EDA activity related to the above listed topics will be presented to the EDAC during the ir September 28th meeting. ISSUES: Update Only. FINANCIAL IMPACT: None. ALTERNATIVES: Update Only. 4646 Dakota Street SE Prior Lake, MN 55372 BUSINESS ENGAGEMENT COMMITTEE REPORT MEETING DATE: September 28, 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 August 31, 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: September 26, 2017 To: City of Prior Lake Business Engagement 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 August 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 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/Major Addition Former SF Residential Fountain Hills Self-Storage 4400 Fountain Hills Dr. NE New Construction Vacant Land Prior Lake Revival SW corner of Duluth Ave/CH21 New Construction Vacant Land SDDI Sign Systems 5702 Graystone Ct. SE New Construction Vacant Land Advantage Chiropractic 16197 Main Ave. SE New Business Prior Lake Spine Port City Bakery 5832 Industrial Lane SE New Business/Major Addition Triple Play (Building Add'n) Universal Motors 16720 Welcome Ave. SE New Construction Universal Motors (2nd Bldg.) Home Time Real Estate 16154 Main Ave. SE, Suite 110C Relocated Business/Tenant Build-Out Wensmann Office (Lakefront Plaza) Bongo's Closet 15981 Jordan Ave. Suite 2 New Business Vacant 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 55 $18,232,000.00 77 $26,691,000.00 (28.60)(31.69) 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 7 $9,066,500.00 1 $4,741,000.00 600.00 91.25 Residential 300 $954,900.00 463 $3,130,200.00 (35.21)(69.49) Industrial & Commercial 9 $710,500.00 11 $247,500.00 (18.18)187.07 Mechanical 339 $0.00 494 $0.00 (31.38)n/a Mechanical (SF & TH)259 $0.00 323 $0.00 (19.81)n/a TOTALS 970 $37,750,900.00 1375 $56,986,700.00 (29.45)(33.75) 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