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IEDC Agenda - 05/07/2024AGENDA INDUSTRIAL & ECONOMIC DEVELOPMENT COMMITTEE (IEDC) Tuesday, May 7, 2024 7:00 a.m. at Monticello Community Center Members: Chairperson Luke Dahlheimer, Vice Chairperson Jarred Merchant, Sarah Kortmansky, Tracy Hinz, Jarred Merchant, Eric Olson, Joni Pawelk, Darek Vetsch, Wayne Elam, Andrew Tapper, Randy Skarphol, Rob Stark, Tony Velishek, Cory Ritter, Liz Kokesh Liaisons: Rachel Leonard, Angela Schumann, Jim Thares, Marcy Anderson, Jolene Foss, Dave Tombers, Tim Zipoy 1. General Business A. Call to Order B. January 2, meeting minutes C. Consideration of Adding Items to the Agenda 2. Regular Agenda A. Table Topic — Commercial and Industrial Land Absorption/Pricing Trends — Wayne Elam, Commercial Realty Solutions 3. Liaison Updates A. Wright County Economic Development Partnership (WCEDP) B. Chamber of Commerce C. Economic Development • Project Update —Verbal Presentation • Prospect List • May 7, 2024, Planning Commission Agenda D. City Council Update 4. Next Meeting Reminder— Date: Tuesday, June 4, 2024 -as per new meeting schedule 5. Adjournment (8:00 a.m.) INDUSTRIAL & ECONOMIC DEVELOPMENT COMMITTEE (IEDC) DRAFT MINUTES January 2, 2024 7:00 a.m. at Monticello Community Center Members Present: Chairperson Sarah Kortmansky, Vice Chairperson Luke Dahlheimer, Tracy Hinz, Liz Kokesh, Eric Olson, Joni Pawelk, Darek Vetsch, Jarred Merchant, Cory Ritter, Rob Stark, Andrew Tapper, Tony Velishek Members Absent: Kevin Steffensmeier, Randy Skarphol, Wayne Elam Liaisons Present: Rachel Leonard, Jim Thares, Marcy Anderson 1. Call to Order Chairperson Sarah Kortmansky called the regular meeting of the Monticello IEDC to order at 7:00 a.m Approve Minutes: TONY VELISHEK MOVED TO APPROVE THE DECEMBER 6, 2023, REGULAR MEETING MINUTES. CORY RITTER SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. Consideration of Adding Items to the Agenda: Jim Thares, Economic Development Manager, suggested adding an item, accepting Kevin Steffensmeier's resignation. LUKE DAHLHEIMER, MOVED TO ACCEPT KEVIN STEFFENSMEIER'S RESIGNATION. ROB STARK SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. 2. Regular Agenda A. Consideration of Electing 2024 Officers (Chairaerson. Vice Chairaerson and Secretary) Mr. Thares presented the IEDC's Organizational and Membership Guidelines requiring election of officers. Luke Dahlheimer accepted the nomination for Chair. JONI PAWELK MOVED TO APPOINT LUKE DAHLHEIMER AS CHAIR. MOTION SECONDED BY ERIC OLSON. MOTION CARRIED UNANIMOUSLY. Jarred Merchant accepted the nomination for Vice -Chair. SARAH KORTMANSKY MOVED TO APPOINT JARRED MERCHANT AS VICE -CHAIR. MOTION SECONDED BY CORY RITTER. CORY RITTER. MOTION CARRIED UNANIMOUSLY. Jim Thares accepted the nomination for Secretary. JONI PAWELK MOVED TO APPOINT JIM THARES AS SECRETARY. MOTION SECONDED BY ANDREW TAPPER. MOTION CARRIED UNANIMOUSLY. Newly elected Chair Luke Dahlheimer took over presiding over the meeting. He expressed gratitude to Sarah Kortmansky for her dedication and serving as Chair for the past year. B. Consideration of Amended Organizational & Membership Guidelines Mr. Thares presented the consideration of revisions to the Organizational & Membership Guidelines. These revisions are prompted by the change in the meeting scheduled for the IEDC. JONI PAWELK MOVED TO APPROVE THE AMENDED ORGANIZATIONAL & MEMBERSHIP GUIDELINES. MOTION SECONDED BY TONY VELISHEK. MOTION CARRIED UNANIMOUSLY. C. Consideration of Adoatine "2024 IEDC Position -Action Statements" Mr. Thares presented the consideration of making changes to the to the Action Statement for 2024 and revise the title and intent to the 2024 IEDC Position - Action Statement. Mr. Thares said the intent of this change is because the IEDC shares its support and promoting of economic impact projects within the city and consideration of policies and participates in limited actions including BRE visits, Round Table events, and the Manufacturer's Appreciation Breakfast. Changes by consensus will be incorporated. SARAH KORTMANSKY MOVED TO ADOPT THE 2024 IEDC POSITION -ACTION STATEMENT WITH REVISIONS AS ADVISED. MOTION SECONDED BY CORY RITTER. MOTION CARRIED UNANIMOUSLY. D. Consideration of Table Topics for 2024 (preference for meeting topics) Mr. Thares presented a 2024 Table Topics. The following additions were added; • Cannabis Legislation • Local Option Sales Tax • Expand Tax Impact of Xcel MNGP shutdown in 2040 • WCEDP Wheel — Website Review • School District Update E. Economic Development Mr. Thares provided an update i. Prospects and Projects • Block 52 — A tour will be available within the next 2 months. • Country Club Manor significant change by eliminating the apartment building • Large industrial project • Hotel project ii. Planning Commission Mr. Thares reviewed the Planning Commission 01/02/2024 agenda. b. City Council Rachel Leonard, City Administrator, presented current projects and actions of the City Council including advocating for design for the Water Treatment plant, adjustments for business support policies, 71" Street and Broadway East Project, and passing the tax levy. c. Wright County Economic Development Partnership (WCEDP) Jolene Foss, WCEDP Director, gave an update. In 2023 the Partnership membership was increased by 13 and 28 new businesses in Wright County. The Partnership visited 25 schools in 2023, participated in 13 expo events and 7 networking & Capacity Building events. d. Chamber of Commerce Marcy Anderson, Chamber of Commerce Director, gave an update including the revamping of the Chamber website, adding a young professionals group, Dexter Hason, was selected as Ambassador of the Year, and a recent tour of the large Fingerhut Warehouse in St. Cloud, MN and how their storage space is being offered to businesses in communities throughout the region. 3. Next Meeting Reminder — Date: Tuesday, May 7, 2024 4. Adjournment (8:19 a.m.) ROB STARK MOVED TO ADJOURN. MEETING ADJOURNED BY CONSENSUS. Industrial Economic Development Agenda: 05/07/2024 2A. Table Topic — Commercial and Industrial Land Absorption/Pricine Trends Prepared by: Meeting Date: ® Regular Agenda Item Administrative Assistant 05/07/2024 Reviewed by: Approved by: N/A Economic Development Director REFERENCE AND BACKGROUND Presentation of the current status of Commercial and Industrial Land Absorption/Pricing Trends in the City of Monticello. SUPPORTING DATA A. Available Industrial Properties B. Available Commercial Properties C. Listing Description of OCBP Lots Properties for Sale I Guided Industrial community.development@ci.monticello.mn.us 1763.295.2711 L:W1Zi,L 1600 Aft ' �1e s ° Z AiIN 412 3. ®�►/�. y � CCCi11 • ` � �,F •- WE Iwo I Legend City Owned Properties -Guided Industrial Privately Owned Properties - Guided Industrial® Updated February 2024 CIOF \\ Moniicello 1 155-273-001010 City of Monticello 9.764 $0.00 1-1 2 155-273-001020 City of Monticello 6.19 $0.00 1-1 3 155-194-000020 City of Monticello 6.67 $0.00 1-1 4 155-274-001010 City of Monticello 7.94 $0.00 1-1 5 155-274-002010 City of Monticello 10.384 $0.00 1-1 6 155-274-002020 City of Monticello 8.886 $0.00 1-1 7 155-274-003010 City of Monticello 6.28 $0.00 1-1 8 155-248-001030 J X Bowers LLC 8.02 $336 IBC 9 155-248-001020 J X Bowers LLC 4.98 $232 IBC 10 155-271-000030 Gold Nugget Development Inc 88.97 $14,032 IBC 11 155-255-001010 Spaeth Development LLC 0.53 $3,466 1-2 12 155-255-001030 Spaeth Development LLC 0.47 $3,200 1-2 13 155-500-042400 Praise Acres LLC 6.48 $4,396 1-2 Vacant Properties & Properties for Sale I Guided Commercial community.development@ci.monticello.mn.us 1763.295.2711 - '/ yam Fr �• • � ��� • � ����s it i� ��Ol r.. �1. • . . . Qi Oil�3 e 21 -fl 20 *A 33 �1i 2 19 �r ' ` �� f s�\•�Il� i f 28 327'87\ w t`. . 6� f I, �� �, . • 2229 3 0 31 ! 38 �. ..:��• •:'` s♦� Y. 'S _ 17 18i`+k;24 25 3fi _ �39426 0/. /gym i e`er � ♦ f 15 i � _ �' � 47� 27 IYs . :ltlAbte. ! _ r • �.- 12 -aid ji:1S1�_ w. = to � WA _ JAWS oil a �• ••.'ll - 111�� �i I sn• �l�sw /� �i � � �� v 1 it ®P',� �� �� is - �(f� . ���s' p ,� /�g�. , , i i�i :. • :1 :1i1 . ori��l � . '•, s -��ir� Ilnr :��®�= a= ; . : >,,• - .� -- ,.` a Legend �,� a�� �� j+i1i• ; City Owned Properties - Guided Commercial Privately Owned Properties - Guided Commercial Updated February 2024 CIi�o Montic�eno 1 155-247-001020 Ryan Buffalo Land Company LLC 4.94 $57,412 B-3 2 155-125-000070 Ocello LLC 12.96 $6,834 B-3 3 155-151-003010 Bradley & Sharon Larson 1.78 $2,984 B-4 4 155-157-001010 Steven & Deborah Muth 1.55 $6,970 B-4 5 155-174-001010 Steven & Deborah Muth 0.9 $5,152 B-4 6 155-151-004010 Legacy Christian Academy 0.57 $2,900 B-4 7 155-189-001010 Steven & Deborah Muth 2.99 $18,218 B-4 8 155-260-001020 Vikram Aggarwal 2.01 $4,032 B-4 9 155-260-001010 Vikram Aggarwal 2.57 $4,458 B-4 10 155-164-000030 City of Monticello 7.02 $0 B-4 11 155-269-000010 Ocello LLC 20.82 $11,024 PCD 12 155-227-000010 Ocello LLC 9.61 $7,446 PCD 13 155-230-000010 City of Monticello 35.69 $27,112 PCD 14 155-500-142303 City of Monticello 2.98 $0 PCD 15 155-500-142300 City of Monticello 3.75 $0 PCD 16 155-278-001010 Deephaven Development 1.66 TBD PCD 17 155-278-001030 Deephaven Development 2.21 TBD PCD 18 155-278-001040 Deephaven Development 1.4 TBD PCD 19 155-079-001010 Jyoti R Patel 0.79 $1,932 B-3 20 155-029-002050 Bravera Bank 2.75 $5,198 IBC 21 155-226-000020 City of Monticello EDA 14.17 $47,456 B-3 22 155-241-002010 Venturian Holdings LLC Etal 2.39 $17,106 PUD 23 155-241-000010 Venturian Holdings LLC Etal 2.34 $16,814 PUD 24 155-011-000101 Monticello Industrial Park Inc 4.76 $3,634 IBC 25 155-011-000111 Monticello Industrial Park Inc 7.76 $6,752 IBC 26 155-011-000171 Monticello Industrial Park Inc 10.5 $9,584 IBC 27 155-011-000171 Monticello Industrial Park Inc 17.8 $16,246 B-2 28 155-215-002010 Church of St Henry of Monti MN 2.04 $0 B-4 29 155-212-001020 McDonald's USA LLC 1.22 $25,080 B-4 30 155-212-001030 RGC-Monticello MN LLC 1.1 $10,326 B-4 31 155-178-002030 RGC-Monticello MN LLC 1.27 $13,380 B-4 32 155-229-001020 RGC-Monticello MN LLC 0.66 $6,380 B-4 33 155-011-000010 Steven G. & Thomas E. Hoglund 3.16 $5,274 B-2 34 155-037-001010 Kean of Monticello Inc 1.92 $6,966 B-2 35 155-037-001030 Deborah Dahlheimer Rev Trust 0.39 $1,878 B-2 36 155-205-001020 RGC-Monticello MN LLC 0.93 $9,402 B-4 37 155-214-001010 PRC Acquisitions VI LLC 1.01 $3,714 B-4 38 155-214-001020 PRC Acquisitions VI LLC 2.38 $4,970 B-4 39 155-117-001030 Kwik Trip Inc 2.23 $12,632 B-2 40 155-257-001010 Mivva LLC 0.99 $1,534 B-2 Otter Creek Business Park Lots 05-07-24 1. Lot 1, Block 1, 7th Addition OCC (OCBP) = 9.76 acres (about 5.8 acres is actually functionally usable due to the power line easement and topography near -around the power line towers) 2. Lot 2, Block 1, 7th Addition OCC (OCBP) = 6.19 acres 3. Outlot B, 3rd Addition OCC (OCBP) = 6.67 acres 4. Lot 1, Block 1, 8th Addition OCC (OCBP) = 7.94 acres ***************************************************************************************** 5. Lot 1, Block 2, 8th Addition OCC (OCBP) = 5.15 acres These two are actually one lot totaling 10.68 acres. 6. Lot 1, Block 2, 8th Addition OCC (OCBP) = 5.53 acres ****************************************************************************************** 7. Lot 2, Block 2, 8th Addition OCC (OCBP) = 8.44 acres These two are actually one lot totaling 8.89 acres. 8. Lot 2, Block 2, 8th Addition OCC (OCBP) = 0.45 acres ****************************************************************************************** 9. Lot 1, Block 3, 8th Addition OCC (OCBP) = 6.28 acres The total available, usable acres in OCBP is 52.45 acres in 7 lots. . ---a z �0_0004, crs COMMERCIAL REALTY SOLUTIONS �tiww,cummrraity�olu(i�n�.c���ii Monticello Commercial Land Sales 8-31-23 Mastercraft Landscaping 1.46 acres $300,000 $4.71 psf 10-23-23 XXX Chelsea Rd West 5.00 acres $648,172 $3.00 psf 1-9-22 Take 5 car wash 1.16 acres $725,000 $14.39 psf 2-7/22 Monti Lake Apts 10.73 acres $1,000,000 $2.14 psf 7-27-22 WiHa new building 12.8 acres $799,000 $1.43 psf 8-30-22 Sunny Days Therapy 1.54 acres $550,000 $8.18 psf 9-16-22 Block 52 Holdings 1.47 acres $11484,099 $23.14 psf 27.7 acres 7-21-21 Deegan Ave (S of Applebees) 2.7 acres $930,440 $7.90 psf (1031) 8-26-21 StorageLink, west Chelsea Rd 5.77 acres $940,896 $3.75 psf 9-22-21 Points of Cedar 35.69 acres $3,264,559 $2.31 psf 9-23-21 Up North Carwash 1. 15 acre $849,000 $ l 6.95 psf 12-15-21 City Public Works (Proposed) 69.97 acres $2,800,000 $ .92 psf 115.28 acres 4-1-20 XXX Chelsea R.d (UMC exp) 7.25 acres $1,031.00 $3.26 psf 2-22-19 Dundas Circle 1.93 acres $190,000 $2.26 psf 4-30-19 Monticello RV 5.98 acres $810,000 $3.11 psf 7-3-19 XXX Hart Blvd .95 acres $125,000 $3.01 psf 7-31-19 XXX County Rd 82 (Asst Lvg) 5.04 acres $889,000 $4.05 psf 8-1-19 211 Dundas: Monti Plbg 3.00 acres $320,000 $2.45 psf 12-11-29 Deephaven Development 18.27 acres $1,672,186 $2.1 Opsf 35.17 acres 3-18-18 Ryan Auto 5.0 acres $628,432 $2.92 psf 5-30-18 Twin City Staffing 1.12 acres $130,000 $2.68 psf 7-12-18 Barry Fluth to BP Pines Apts. .76 acres $30000 $9.11 psf 8-9-18 IRT to Moon MotorSports 1.46 acres $195,000 $3.06 psf Total 8.34 acres 2-13-17 Burnham Mini -Storage 6.28 acres $240,000 $ .88 psf 5-22-17 Dental Clinic 1.68 acres $486,268 $6.69 psf 10-27-17 Red Rooster to EDA .l 0 Acres $ 34,000 $7.60 psf 11-7-17 Ryan Auto 5 acres $628,432 $2.92 psf Total 13.06 acres zzw�—Wwsk crs COM61ERCIAL REALTY SOLUTIONS .�,���.•v,r_r�rr�mr+.r3ltj'sr,,It�titm's.ri�ni 1-28-16 5-27-16 8-15-16 10-4-16 12-27-16 4-27-15 7-24-15 1-9-14 6-19-14 10-9-14 4-15-13 7-31-13 Auto Zone 1.73 acres $500,000 $6.65 psf Aspen Dental 1.13 acres $371 NO $7.50 psf LaMont Retail .75 acres $141,200 $4.32 psf Camping World (used car lot) 6.2 acres $1,750,000 $6.48 psf Sherburne State Bank .89 acres $515,000 $13.31 psf Total 10.7 acres I{wik Trip 2.23 acres (purchased adjoining lot to E Broadway Store)$340,917 $3.50 psf Mattress Firm .93 acres $475,675 $11.74 psf Total 3.16 acres Aldi's 2.0 acres $638,077 $7.32 psf Goodwill 2.6 acres $800,000 $6.96 psf IRET Apartments 12.69 acres $1,658,329 $3.00 psf Total 17.29 acres Dollar Tree .75 acres $243,000 $7.37 psf Von Hansons 1.77 acres Total 2.52 acres Total for 6 years: 55,07 acres Years 2013-2019 6 year average: 9.17 acres / year 7h�1 Beacon Wright County, M N ,. ,,+•� j,"J r l jti'��1'lt j ram; 75 p -� ` "' "•t / .S/p�/ T t Y ... M - , . as •y. �� � Pj 94„ �' �,,,...'. r � ff � .� t•. �'�r -� <_ � , • �''' ' �..:� Ste'." •�; TrE 14 � Y. elI XIT ,1:94�FRpMg�41N� i • a, r 4 w, }�Y• - - a..+a.+rm,=•..• ........max t � 'Cr :. Ml+sar'.•y.V'•+:•,j� _ _ : r . .`.; t'a Mr.� • fy(lif+MI JINA, ij, ` t �y.�y If Z y.�r II4 i It i _ if a /. •x 1 SCHO:OLBLVD' r ` JAYSON NE+ _ N :ORIOLEtLN,. 118 y ,. •-.; ._�t Date created: 5/6/2024 Last Data Uploaded: 5/6/202411:44:12 AM Developed by" Schneider GEOSPATIAL Overview r•'� �i Y)t' Legend Highways Interstate State Hwy US Hwy City/Township Limits IA C t 1 F.1 f4.Beacon Wright County, MN �'r'•t-%-f".�' � '1•' `�, ,�•fN •'h. a ��}�a'� i� v •• ��r� v�+ �+ '1'jj� ,{,_ t� ,.••. ,.,r j(,y/l t�,r _—f- �� � wi t_ S t 'FC r� _•� r.�.i+ ". �jW'�%' �. (ari .�•` �-+t. J,t� `•tom � /��/AT yI. . '!�,_ �Yril'Y]P/Q ..'R •k r. � T� ,\ � �(� � ;'�y' Q.' �G`•; - . ' � � �° F7�,� ifs. �i,/.; f. '4r`+ t' AG.OLFC.OURS`ERD'.�?!'.`co �S#j; �9,�,; Aj �: • t c It, ,*.4• �• t��'I t ��, �„ � M r. ,� t��..` �• 9 r. ��� , �1 1 '� t I ��; 1 • �,i 1 N'FAI R1NAYDR` +f +�i �• � fl . ~!` ,'�' b j4 ►,,. ,� �� 'r ' , r t� a��.i i. � -�' . r. ",. A'�• r`,4 �-•f. �_t.: •1�.• � .'A - titXTf�'y / - y ,-!•,�/ r ` y(,`r�r 1 , / +t ', .; ' iF. X,=� t f t �• � t� il`-' � . � ,i !. �'�+r . � L ',� �_•� �h� '^� `,J� � S '`Jt'lTt Jt -. k �.a )r t r• ,: J �rr�. 4`ti.. ,fi{'�s ,.. �.•' y..",.,. 'rG" Vj tW.,,� o`, �" h, ktft 4�,11 ^Ly �`t �R f ty �•�• r'� V,��1 '' i rl z; J • Y r ' c ! ti y >• 94 N� ',ENT"1"931 �6 4W '; %; • _ �`�, 193 10 tv qly ; � f � t ,, ', n, '9?l,, t<f �S �Jii 3 k`� 1 , ^- _ y °`• 10�,.. M f,r �,w t7F � t►� 6 ."M4-• + � �A� r� rlt (^ ��1 � • 1 ` � , ', ...-..� �'. �('� �� .;� k�l•r K,.. ��.. `.Ia �}t�.� . Off• ` ,,, � . .L 4z by ✓ .'1•'�.. � OOT� , .i, �;j_ - vJ.. ,'f25•,' � t`k7 td, -k, ? ' � + ,C3�� �- ,� NN5 (�. �' � »"C , ri ('..i �+r �.'�„ %j y A .,, OO •''L, '�': et At �� �Y �'�[��O�O'1 �, -�� }I'.�'�k l.'ir.. � �• '+. t �4y .fI M1��{,k•��..!(+'�.. s'{� S.i. �0�/�` �' i 1 r�r ;t • l A�, + t i i 'k'rt t ' • :%c ! 4 { r — N k./[J� ', j11 ;+I. , e_ U GA, ELSEA ANNAH},4V,E a `::• �- y" — --WR� Date created: 5/6/2024 Last Data Uploaded: 5/6/202411:44:12 AM A . / C Ple, 4 #` Developed b p y�� Schneider GEOSPAT1AL Overview y/ I 14 1 �f Legend Highways Interstate State Hwy US Hwy City/Township Limits C [ t f%, B T Ar1 eaco n Wright County, MN i. is " . � , ,. � . +-:a�:.. '}��, . 1. � ,. ! .;�/�� `•- "'., r a � /' 1.'y '�! r. ' • � 'd t :tip. \,=--`_`— 2 .: ,� �, m :✓ �, 5,515 0101,202'' w � ,� ,y ,UJ ,w • r �, r 3,9i~ NEr.. e M. t W I - Ok fZ, s. the i s f.05 21"31000o.140�0,',--- .10 MR ,{ 11r,' •� 155194001,010 213ID9094400 - 213100103300 827 ft Date created: 5/6/2024 Last Data Uploaded: 5/6/202411:44:12 AM Developed by4.i Schneider GEOSPATIAL 'l ,• Y Jar , t�i' d�. '�` �,�^ ., At z r gat r , �� , . ,•t�...^'� �-''/ %"�� /(:�. 7A c- West 67-i lVl�SS �rqC_/C Overview .j f7, Legend Highways Interstate State Hwy US Hwy City/Township Limits F]c ©t (] Parcels Lot 1, Block 1, 7m Addition OCC (OCBP) = 9.76 acres (about 5.8 acres is actually functionally usable due to the power line easement and topography near -around the power line towers) Lot 2, Block 1, 7`h Addition OCC (OCBP) = 6.19 acres Outlot B, 3Id Addition OCC (OCBP) = 6.67 acres Lot 1, Block 1, 8th Addition OCC (OCBP) = 7.94 acres Lot 1, Block 2, 8`hAddition OCC (OCBP) = 5.15 acres These two are actually one lot totaling 10.68 acres. Lot 1, Block 2, 81h Addition OCC (OCBP) = 5.53 acres Lot 2, Block 2, 8th Addition OCC (OCBP) = 8.44 acres These two are actually one lot totaling 8.89 acres. Lot 2, Block 2, 8th Addition OCC (OCBP) = 0.45 acres Lot 1, Block 3, 8th Addition OCC (OCBP) = 6.28 acres The total available, usable acres in OCBP is 52.45 acres in 7 lots. Beacon 11VI Wright County, MN A '_ t�� 'A•r,�+:4 !' {7f'- to t +.�'',-'t,_ai -.-, y`� .1, •'q"e1 t�1� a1,1 -3_.v l� i spy, l 1 6' I 7.71 . .�.1py, _ �+1�' jai 1 9 •O.- ;a y—� 6 1� { , "` .., •Q`' / tilt:•" td. a.,i `�`., 1 r .. �RsSs � `•'€1 i R ' \ J � sty ��Jt ,21^},,,� 17 fvkt -• � "�'�!11,�Ti �'• l.. - •i• Ij�. x^,�•�„ �� «� 'ic it1+t�1`t��Ay t* {{ ►IS i,.�' �y"y/�+j �%( f+�} `a' a�1} V to y ! { / •7 yr f �` s' •Mj�TIA'+t ,1 f-R�`i t ��+Jw'" ,XII s��r�•, *1 .. . ilrs +r•t•YII• �+... r,. J�•a►:+...w»k•. /1,,../ ,% i! i .ITi } ��r.a ( _j'1� # ?eSlrr. `r � ra:E•'� '�,• .'T+.M.I. N =d r'� ',18�8.TH1^541'T;��NF�E�� � ,: �•,j ...`"� �a'�,��-. . ✓" ..t r •moo y. ` ikr ,' , "� �r 1" �j !f fly i b �., a:Gja a f ir 1. .� �ut,• g a r. u W tl n W: il:a• r hi R.6;•1:+. ?t , ra �4 Z �"� 151 8%T{ (T� NEB, w k. • r # _ c,. ti•86THtSP. 1 , < <85TH STONE; 106 "'`- fr• ;� •,►.''K. g ,:r_J3 _ it A. _ i 1,36 Overview f y Legend Highways Interstate State Hwy US Hwy City/Township Limits ® c [] t ] Parcels y Torrens Parcel ID 213100221200 Alternate ID n/a Owner Address MONTICELLO LAND LLC Sec/Twp/Rng 22-121-025 Class 101- 2A/113/4136 AGRICULTURAL 8800 N BRONX AVE FL 2 Property Address Acreage 44.26 Acres SKOKIE, IL 60077 District (2902) TOWN OF MONTICELLO-0882 Brief Tax Description SECT-22 TWP-121 RANGE-025 UNPLATTED LAND MONTICELLO TWP2 44.26 AC NE1/4LY W OF ELY LN OF R/W OF HWY25EX PRTTO ST FOR HWY EX TR DES IN BK327-610EX TR DES ON D00561159 &EXC TR DES ON D00561160 (Note: Not to be used on legal documents) S—a e4� �%ig Date created: 5/6/2024 Last Data Uploaded: 5/6/202411:44:12 AM Developed by4wf Schneider C GEOSPATIAL 4-) 41 V) rJ Lot 1, Block 1, 7ch Addition OCC (OCBP) = 9.76 acres (about 5.8 acres is actually functionally usable due to the power line easement and topography near -around the power line towers) Lot 2, Block 1, 7ch Addition OCC (OCBP) = 6.19 acres Outlot B, 3`d Addition OCC (OCBP) = 6.67 acres Lot 1, Block 1, 81h Addition OCC (OCBP) = 7.94 acres Lot 1, Block 2, 8`h Addition OCC (OCBP) = 5.15 acres These two are actually one lot totaling 10.68 acres. Lot 1, Block 2, 81h Addition OCC (OCBP) = 5.53 acres Lot 2, Block 2, 81h Addition OCC (OCBP) = 8.44 acres These two are actually one lot totaling 8.89 acres. Lot 2, Block 2, 8ch Addition OCC (OCBP) = 0.45 acres Lot 1, Block 3, 81h Addition OCC (OCBP) = 6.28 acres The total available, usable acres in OCBP is 52.45 acres in 7 lots. B ea G 0 �-��,« Wright County, MN 411, j'„�It • ; i y +t ,�,y'i� �'}���/a ,•`ly'• 4`r� '� Y1�# �.. C it � i' '�V . , �%y •� � # ! i Q �j .e. .� fit. :y _ 1'°•3^ '�? ]mot? r -y 4, gj:, o ♦ "« .► K� 4e °• t 1IC/°'"� i�1�I�t11j(%1.+y4}� '+� fj�9 • �1�'v v I;rn �t . ��=.��br' �.,�� $ �;C;;t� �;�c,-,'1`f !' '�%:. �'�*�t�,`a�•'+�' �^%,'�r�,tii;�- `'O S �q ����,.; �o .1 1 88TN ST.41 41 IU W niSir, r ,; is r • " }ie t 5 5 • ,"to N 'i ",�„►, t 86,TH STUN ilk a ST;NE; 106 i}« 1,36 Overview y5 a; ) i Legend Highways Interstate State Hwy US Hwy City/Township Limits ®c Ot [] Parcels Torrens Parcel ID 213100221200 Alternate ID n/a Owner Address MONTICELLO LAND LLC Sec/Twp/Rng 22-121-025 Class 101- 2A/1B/4BB AGRICULTURAL 8800 N BRONX AVE FL 2 Property Address Acreage 44.26 Acres SKOKIE, IL 60077 District (2902) TOWN OF MONTICELLO-0882 Brief Tax Description SECT-22 TWP-121 RANGE-025 UNPLATTED LAND MONTICELLO TW132 44.26 AC NEI/4LY W OF ELY LN OF R/W OF HWY25EX PRT TO ST FOR HWY EX TR DES IN BK327-610EX TR DES ON D00561159 &EXC TR DES ON D00561160 (Note: Not to be used on legal doasmPts) % �� Date created. 516/2024 Last Data Uploaded: 5/6/202411:44:12 AM Developed by" Schneider G£OSPATIAL J IEDC Agenda 05/07/24 3C. Economic Development Updates Prepared by: Meeting Date: ® Regular Agenda Item Administrative Assistant 05/07/2024 Reviewed by: Approved by: N/A Economic Development Director REFERENCE AND BACKGROUND Information overview by Jim Thares, Economic Development Manager. IEDC members are encouraged to ask questions as so inclined. Attachments include the Project Updates report, the Prospect List and the Planning Commission Agenda (05-07-24 Mtg.). • Exhibit A. Prospect List • Exhibit B. and C. Building Permit Updates • Exhibit D. Project Updates • Exhibit E. Planning Commission Meeting Agenda — May 7, 2024 PROSPECT LIST 05/03/2024 Date of Contact Company Name Business Category Project Description Building -Facility Retained Jobs New Jobs Total Investment Project Status 5/22/2018 2/16/2021 3/19/2021 2/28/2022 6/16/2021 10/28/2021 2/7/2022 4/28/2022 Karlsburger Foods Project Cold Project Orion Project Emma II Project UBAA Project Stallion Project Shepherd III Project Cougar Food Products Mfg. Industrial -Warehouse -Di stri Warehouse-Distributi on Light Ind -Assembly Child Care Services Technology Service Lt Assembly Distribution Precision Machining -Mfg. Facilty Expansion New Construction New Construction New Construction New Construction or Exist New Construction New Construction New Construction 20,000 sq. ft. +/- 80,000 sq. ft. 832,500 sq. ft. 20,000 sq. ff. 5,000 sq. ft. 42,000 sq. ft. 75,000 sq. ft. 35,000 to 45,000 sq. ft. 42 0 0 0 0 10 to 20 21 500 4 14 to 19 40 75 38 $4,500,000 $12,000,000 $125,000,000 $1,350,000 $2,000,000 $3,600,000 $10,500,000 $4,700,000 On Hold Concept Stage Active Search Active Search Act Search Active Search Active Search Active Search 8/11/2022 Project Sing Precision Machining New Construction 400,000 sq. ft. 0 500 $90,000,000 Active Search 10/28/2022 Project IAG Mfg. New Construction 300,000 sq. ft.? 0 50? $70 to $80,000,000 Active Search 11/9/2022 Project Tea Mfg New Construction 25,000 sq. ft. 55 20 $5,800,000 Active Search 12/13/2022 Project Love Mfg New Construction 250,000 130 $24,000,000 Active Search 4/20/2023 Project Lodge DH1 Lodging -Service New Construction ? ? ? $9,500,000 to $12,500,000 Active Search 4/20/2023 Project Lodge R52 Lodging Service New Construction ? ? ? $9,500,000 to $12,500,000 Active Search PROSPECT LIST 05/03/2024 Date of Contact Company Name Business Category Project Description Building -Facility Retained Jobs New Jobs Total Investment Project Status 5/30/2023 Project Flower-M &M Commercial Concept Expansion ? ? ? Concept 6/9/2023 Project Pez Mfg New Construction 6,000 to 8,500 sq. ft. 12 2 $1.300,000 Active Search 7/1/2023 Project V-MOB MOB New Construction 175,000 +sq. ft. ? $21,000,000 Identified Site 8/16/2023 Project Lodge RT4 Lodging-Hopsitality New Construction 98 Room Hotel N/A 30 $12,500,000 to $13,600,000 Identified Site 8/31/2023 Project Enclave- W300 Industrial - Warehouse- Distr New Construction 300,000 sq. ft. N/A ? $30,000,000 to $34,000,000 Active Search 9/19/2023 Project Panda #4 Sz Childcare Facility New Construction ? N/A ? $2,000,000+/- Active Search 10/12/2023 Project Fun Entertainment Expansion 2,400 sq. ft. N/A 4 $200,000 Concept 1/17/2024 Project Tex Industrial New Construction 500,000 sq. ft. 0 100 $500,000,000 Active Search 1/17/2024 Project G Industrial New Construction 1,000,000 sq. ft. 0 ? $120,000,000 Focused Search 1/2/2024 Project Simpl Office New Construction -Build Out 13,303 sq. ft. 23 50 $2,000,000 Identified Site 2/12/2024 Project Lodge- MSMWDC Lodging -Hospitality New Construction ? 0 10 $12,000,000 Identified Site 3/5/2024 Project Panda 20- MS Child Care Facility New Construction 20,000 sq. ft. 0 20 $2,000,000 Active Search PROSPECT LIST 05/03/2024 Date of Contact Company Name Business Category Project Description Building -Facility Retained Jobs New Jobs Total Investment Project Status 3/29/2024 Project ET-BB-12-9 Industrial Relocate - Existing Bldg 12,000 sq. ft. 12 $1,150,000 Identified Site 4/12/2024 Project Rest B52 Restaurant New build out -Finish 5,000 sq. ft. +/- 0 15 1500000+/- Identified Site Contacts: M = 03 YTD = 18 BUILDING PERMIT ACTIVITY AND VALUATION 2023- 1st 2024-1st PERMIT TYPE Qtr Valuation YTD Valuation Qtr Single Family 2 $550,000.00 $550,000.00 $550,000.00 17 Multi -Family Townhomes 0 $0.00 $0.00 $0.00 12 Comercial-Industrial New - Remodel - Addition 4 $1,383,790.00 $1,383,790.00 $1,383,790.00 6 Valuation I YTD I Valuation $4,433,995.08 1 171 $4,433,995.08 $1,200,000.001 121 $1,200,000.00 $327,200.001 61 $327,200.00 BUILDING PERMIT ACTIVITY AND VALUATION 2022-4th 2023-4th PERMIT TYPE Qtr Valuation YTD Valuation Qtr Valuation YTD Valuation Single Family 4 1,025,795 35 8,763,675 1 630,928 22 5,996,934 Multi -Family Townhome 91 units Falls under commercial value 10 1,000,000 22 2,200,000 Multi -Family Apartment 0 0 2 30,400,000 Comercial-Industrial New - Alteration - Addition 6 23,577,959 22 29,064,720 7 1,379,000 32 24,043,269 IEDC Agenda: 05/07/24 3C. Project Update Block 52 Mixed Use Commercial -Residential Redevelopment: Residential units are still being rented out; approximately 50 units +/- have been filled. The developer expects full occupancy in mid -August 2024. Project Simpl office space is being finished at this time (13,000 square feet +/-) for Simplicity Group Financial Services, a financial services -products (insurance and investments) firm, with 102 FTE employees (50 new FTE). A restaurant operator has recently toured the building. A total of 95 new FTE jobs [50 + 451 will be required to be created by the new businesses that occupy the building. Headwaters Villa Twin Homes: The 60-unit Phase 1 twin home housing development project for ages 55 + on 7th Street West is progressing with modular units being placed on the foundations. This work is expected to occur for the remainder of 2024. The 22 twinhome unit Phase 2 project is going through TIF (1-42) modification -amendment review and approval steps. Completion of those steps is expected in late June 2024. Post approval from the City Council and EDA, the developer has indicated that it will move forward and expects to complete construction of the additional 22 units by the end of 2024. Monticello Lakes — Savanna Vista Apartments: Construction of a two building, 200-unit apartment development at a parcel on the west side of Edmunson Ave NE in the Pointes At Cedar (PAC) Master Plan Planned Community District is in rapidly progressing. This is a market rate housing development. The PAC water amenity features and proximity to restaurants and shopping are expected to be a strong leasing draw for this development. Wiha Tools Warehouse Facility Development: Construction of Wiha Tools' new 74,000 square foot assembly and warehouse facility development also continues with a completion date of early March 2024. The new 75,000 sq. IEDC Agenda: 05/07/24 ft. facility will house Wiha Tools' assembly, warehouse, distribution, sales, and administrative functions. Wiha received $880,000 in funding assistance from the MIF and JCF programs for equipment and building (MN -DEED) as well as City-EDA TIF assistance to offset land acquisition and site prep costs. Under the Business Subsidy component of the TIF Development Agreement, Wiha is required to create 59 FTE new jobs over the next 5 years. A second phase expansion of 79,000 sq. ft. is projected to occur in about 2028 or 2029. An additional 21 FTE jobs are expected to be created in Phase 2, increasing the total workforce to approximately 142 +/-. A Monticello Times news article is also attached as to this update as Exhibit D. Other Proposals on the Prospect List: Several other proposals, some which are sizable, are making progress toward submittals of concept development plans. Staff will provide a verbal update of those proposals at the meeting. 2 AGENDA REGULAR MEETING — PLANNING COMMISSION Tuesday, May 7, 2024 — 6:00 p.m. Mississippi Room, Monticello Community Center Commissioners: Chair Paul Konsor, Vice Chair Andrew Tapper, Teri Lehner, Melissa Robeck, Rob Stark Council Liaison: Councilmember Charlotte Gabler Staff: Angela Schumann, Steve Grittman, Ron Hackenmueller, Hayden Stensgard 1. General Business A. Call to Order B. Roll Call C. Consideration of Additional Agenda Items D. Approval of Agenda E. Approval of Meeting Minutes • Joint Workshop Meeting Minutes —April 2, 2024 • Regular Meeting Minutes —April 2, 2024 • Joint Workshop Meeting Minutes — April 8, 2024 • Special Meeting Minutes —April 15, 2024 F. Citizen Comment 2. Public Hearings A. Continued —Consideration of an Amendment to the Monticello City Code, Title XV: Land Usage, Chapter 153: Zoning Ordinance, Section 153.046 Overlay Zoning Districts, Adopting the updated Flood Hazard Determination including Flood Insurance Study and Flood Insurance Rate Maps for the City of Monticello as part of the Official Zoning Map and the subject Zoning Ordinance Section herein. Applicant: City of Monticello B. Consideration of a Request for a Conditional Use Permit for Accessory Structures Exceeding 1,200 Square Feet in the R-1, Single -Family Residential District. Applicant: Ben Holland C. Consideration of a Request for an Amendment to a Conditional Use Permit for Electric Vehicle Charging Stations as an Accessory Use in the B-3, Highway Business District. Applicant: Doug Walkup D. Consideration of a Request for an Amendment to a Conditional Use Permit for Planned Unit Development for a Restaurant as a Principal Use and Drive -Through Services as an Accessory Use in the B-4, Regional Business District. Applicant: Westwood Professional Services 3. Regular Agenda Other Business A. Consideration of a Letter to Governor Walz Supporting Retention of Local Land Use Authority B. Community Development Director's Report 5. Adjournment Wiha Tools celebrates expansion I Monticello Times I hometownsource.com https://www.hometownsource.com/monticello_times/wiha-tools-celebra... https://www.hometownsource.com/monticeIlo_times/wiha-tools-celebrates-expansion/ article b4622842-fc32-11ee-8daf-2763ead5d965.htmI FEATURED Wiha Tools celebrates expansion Lauren Flaum Monticello Times Apr 18, 2024 1 of 8 1 of 8 4/19/2024, 5:05 PM Wiha Tools celebrates expansion I Monticello Times I hometownsource.com https://www.hometownsource.com/monticello_times/wiha-tools-celebra... Ad MONTICELLO — Wiha Tools, a local company with a global footprint and German origin, has expanded its American headquarters in Monticello, recently moving into a 90,000-square-foot space visible from Interstate 94. The family -owned company feted its new $12.5 million facility on 7th Street, located on the north side of town, with a grand -opening celebration and ribbon - cutting ceremony April 9, bringing together city leaders, members of the business community, employees from around the world and others who contributed to the effort. "We're trying to modernize the business, become a little more efficient, a little more professional," said Patrick DiPerno, divisional president and managing director for Wiha Tools USA. "The team is growing. We needed a nice, modern place to house everyone and support the growth of the business." Sitting on nearly 13 acres, Wiha's new campus at 516 E. 7th St., replaces its former facility on Dundas Road in Monticello, where it had operated for the past four decades, since 1985. Three flags flying high along its I-94 frontage — representing Germany, America 2 of 8 4/19/2024, 5:05 PM Wiha Tools celebrates expansion I Monticello Times I hometownsource.com https://www.hometownsource.com/monticello_times/wiha-tools-celebra... and Wiha — offer a hint as to the company's European heritage and international operations. It took just under a year to get the new location — designed by Lampert Architects and built by Kinghorn Construction — up and running, after ground was broken in April 2023. With the old building on the south side of I-94 sold to Servpro of Wright County, approximately 75 Wiha employees moved into their new digs the first week of March. Wiha Tools added about 40 new jobs with its expansion, with more to come, the company said. "We are not fully staffed right now," said Ryan Selly, director of operations. He said Wiha currently has three open positions in the Monticello warehouse, including in the setup and kitting departments. Expansion in two phases This is only the first phase of the company's U.S. expansion. A planned second phase would add an additional 85,000 square feet, making the total footprint 175,000 square feet, with a potential 25 more jobs. The completed project is estimated to cost approximately $17 million altogether. With 1,500 employees worldwide, factories in four countries — Germany, Poland, Switzerland and Vietnam — and its products sold in nearly 80 countries, the business has seen massive growth since its founding 85 years ago in Wuppertal, Germany, in 1939. 3 of 8 4/19/2024, 5:05 PM Wiha Tools celebrates expansion I Monticello Times I hometownsource.com https://www.hometownsource.com/monticello_times/wiha-tools-celebra... While the Monticello facility is the base of the company's largest division, Wiha Tools USA, it also operates a separate automotive parts division, along with a small company in Switzerland that makes products out of composite materials, including hockey sticks and surfboard fins. Hand tools, however, are what the company was founded on, and remain the largest source of revenue. "The tools company last year did about $125 million USD revenue," said CEO Wilhelm Hahn, grandson of founder Willi Hahn. The third -generation owner shared the company's goal of doubling that figure in the coming years. "Our plan is to grow to a quarter billion — $250 to $300 million — through 2030," he said. "And this is one of the reasons why we invested into this nice big building. Everything is bigger, not only in Texas, but also Minnesota." Wiha Tools makes more than 3,500 different professional -grade products, with everything from screwdrivers, pliers, bits, hex keys and mechanics tools to insulated tools, torque -control products and power -tool accessories. While most of that is produced in Germany at one of the three factories there, the Monticello facility serves as the company's distribution and logistics center, among other roles. "We basically do everything here that a business would do with the exception of manufacturing," DiPerno said. "So we've got sales, marketing, finance, product development." Monticello is also where assembly, packaging, printing and shipping are done for 4 of 8 4/19/2024, 5:05 PM Wiha Tools celebrates expansion I Monticello Times I hometownsource.com https://www.hometownsource.com/monticello_times/wiha-tools-celebra... all of the tool company's business in North, Central and South America. While a high -cube warehouse takes up a big chunk of the 90,000-square-foot space, it also includes a large training facility, digital -marketing studio, high - capacity print shop, product -testing laboratory, conference areas and meeting spaces, three huddle rooms and a company store that is open to the public. On -site amenities for staff include an employee workout room with showers, a modern lunch room and separate cafe, a quiet room, outdoor walking trails and a large outdoor patio. Unveiling the new facility All of this was available for visitors to tour during Wiha Tool's well -attended grand opening on a recent sunny April afternoon, which drew about 200 people, including members of the City Council, Monticello Chamber of Commerce & Industry leaders and many from the business community. "The turnout was amazing," said Mayor Lloyd Hilgart, who was joined by fellow city councilors Charlotte Gabler and Sam Murdoff, along with Economic Development Manager Jim Thares. "I would say that's one of the largest turnouts I've ever seen" About half of those present were Wiha workers, including high-level employees who had flown in from around the world, some coming as far as Germany and Poland, with one, the general manager of Wiha's Song Cong plant, coming all the way from Vietnam. The German contingent included second -generation owner and former CEO Wilfried Hahn, a son of the founder, who ran the company from 1976 until 2011, when his own son took over. 5 of 8 4/19/2024, 5:05 PM Wiha Tools celebrates expansion I Monticello Times I hometownsource.com https://www.hometownsource.com/monticello_times/wiha-tools-celebra... While in town, the Wiha group was staying at the Best Western Plus Chelsea Hotel. Months of work went into planning the grand opening, said executive assistant Melissa Klang, who helped organize the celebration, which included food and drink. A spread of edible delights featured a German specialty — soft, salted pretzels, served warm with mustard for dipping — along with platters of salmon, sausage skewers and more. Nordic Brewpub owner and operator Zach Barthel was on hand, serving up beer and other alcoholic beverages to those looking to imbibe. During the event, Wilhelm Hahn gave a presentation on Wiha's history, explaining how his grandfather was forced to restart the company twice after founding it at the start of World War II, first after British bombs destroyed the original facility and then after Russian looting at the war's end. Hilgart said he was fascinated to learn the backstory. "I thought it was pretty amazing," he said. "Just the story behind the company was pretty moving. You can't make up a story about rebuilding multiple times due to World War II and Russian invasions." "It's just amazing what someone endured to be in business," he continued. "A lot of people would have given up" Wilhelm also explained how the company went international, a feat accomplished by his German-born father, Wilfried, who, as a youth, spent a year in Galveston, Texas, as a foreign-exchange student. 6 of 8 4/19/2024, 5:05 PM Wiha Tools celebrates expansion I Monticello Times I hometownsource.com https://www.hometownsource.com/monticello_times/wiha-tools-celebra... "That's how this started, his love for the United States, his language affinity," Wilhelm said of his dad. He also shared how the company found its way to Minnesota, explaining it stemmed from a relationship with the Bondhus Corporation in the 1980s, when that Monticello -based company was importing Wiha hand tools into the U.S. "They conspired and founded Willi Hahn Corporation here and, across the freeway, built the building, a huge investment for a small company back then," he said. "Now, 40 years later, a big success." And now, the CEO said, "My job is to take this heritage to the next generation, facilitating needs for the professional, modern tradesman" He offered his appreciation to Monticello for its role, saying "We have to thank the City of Monticello for the support." The city's Economic Development Authority (EDA) was aggressive in supporting Wiha Tools' expansion, according to Hilgart. "This is the purpose of the EDA, to keep these businesses in town when they're ready to expand," he said. "It means that not only were we able to retain the jobs that were already here, they'll be adding more in the next few years:' It's a mutually beneficial relationship, as city leaders are thrilled to host the U.S. headquarters of a prominent global company. "I am delighted that Wiha has chosen to continue to call Monticello its American headquarters," Gabler said. "Their new facility consolidates locations they have had in town for many years, will add additional employment opportunities, and developed a piece of land that had been vacant for many years:' 7 of 8 4/19/2024, 5:05 PM Wiha Tools celebrates expansion I Monticello Times I hometownsource.com https://www.hometownsource.com/monticello times/wiha-tools-celebra... For more information or to purchase tools, visit the company's website at www.wihatools.com. To shop in person, Wiha Tools can be found at Lowe's. laurenflaum 8 of 8 4/19/2024, 5:05 PM