HomeMy WebLinkAboutJune 2022 CEC PresentationPriorLakeMN.gov
Prior Lake
Community Development Update
June 16, 2022
Citizen Engagement Committee
PriorLakeMN.gov
Agenda
•2021 Year-End Review
•Historical Comparison
•Residential Development Activity
•Commercial Development Activity
•EDA Overview
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2021 Building Permits
•Total building permit valuation was $84.4 million
•Highest valuation since 2006
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2021 Building Permits (Residential)
•2,839 permits issued
•132 single-family homes
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2021 Building Permits (Commercial)
•C/I building permit valuation totaled $13.3 million (125,000 SF new)
•$70.4 million in C/I over past 5 years
•More than previous 10 years combined ($60.8 mil)
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Development Activity
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SUBJECT
PROPERTY
Pike Lake Landing
•Tradition Development / Ron Clark Const.
•NE of CH21 & CH42
•65 Lots
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Parkwood Estates
•CNC Development
•South of Ponds Park on Mushtown Road
•55 Lots
•Fish Point Rd. Extension
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Springview Meadows
•D.R. Horton
•SW Corner of Marshall & CH12
•43 Lots
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Spring Lake Ridge
•D.R. Horton
•SE Corner of Marshall & CH12
•99 Lots
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The Preserve at Jeffers Pond
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Prior Lake Luxury Apartments
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EAST PERSPECTIVE
(Dakota St. & Erie Ave.)
WEST PERSPECTIVE
(Dakota St. & Arcadia Ave.)
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Commercial Highlights
Norbella Senior Care
•South Side Fountain Hills Dr.
NE
•~28,000 S.F.
•40 Units
•Assisted Living & Memory Care
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Commercial Highlights
Suite Living Senior Care
•North of C.R. 21 and North of
Credit River Road
•~21,000 S.F.
•32 Units
•Assisted Living & Memory Care
SUBJECT
PROPERTY
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Commercial Highlights
Whitemore Fire Consultants
•South of C.R. 21 & North
of Adelmann St. S.E.
•~11,000 S.F.
SUBJECT
PROPERTY
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Commercial Highlights
Accelerated Auto
•West of Revere Way
S.E. & South
Adelmann St. S.E.
•~8,400 S.F.
SUBJECT
PROPERTY
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Commercial Highlights
Storage Condos
•North of Adelmann,
west of Revere Way
•~68,000 S.F.
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Commercial Highlights
Lil’ Explorers Childcare
•SW of CH42/CH21
•~16,800 S.F.
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Java Properties 1
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Java Properties 2
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Revere/CH21
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Prior Lake EDA
The Economic Development Authority (EDA), a statutory committee, promotes
the development and redevelopment of retail, commercial, and industrial
properties in Prior Lake to diversify the city's tax base.
Members:Kim Prchal, President
Marie Boucher-Hoese, Vice-President
Tim Marco
Zach Braid (Council Liaison)
Kirt Briggs (Council Liaison)
Staff Liaison:Jason Wedel, Executive Director
Casey McCabe, Community Development Director
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2021 EDA Accomplishments
•Acquisition of 16298 Main Ave.
•Acquisition of 4528 Colorado St.
•Transition Technology Village Business Accelerator to Scott County-wide program
•Scott County Center for Entrepreneurship
•Established the Arts and Culture Committee
•Work to redevelop EDA-owned lots 4662-4666 Dakota St.
•Participated in Ordinance amendments; self-service storage and DT design guidelines
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Arts and Culture Committee
Purpose:
•Serve as a liaison between city government and the arts and
culture community
•Make recommendations to the EDA related to arts and cultural
events, installations, and initiatives
Erin Belanger Braid, Chair
Alejandra Pelinka, Vice Chair
Cassandra Bryant
Jeanine Bigalk
Kathy Dawson
Shannon Hoffmann
Marie Boucher Hoese (EDA Liaison)
Questions?
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