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HomeMy WebLinkAbout[07c] Business Development UpdateCITY OF ST. JOSEPH T)K,V. cityofstjoscph. com Administrator Date: June 19, 2013 Judy Weyrens Memo To: Members of the EDA Mayor City Administrator Weyrens Rick Schultz Memo From: Cynthia Smith - Strack - MDG, Inc. Councilors Steve Frank RE: Business Development Report Bob Loso Following are updates on Business Development Projects over the past month: Renee Symanietz Dale Wick Met with business owner seeking to relocate warehouse, choosing between St. Joseph EDA and St. Cloud. Several options reviewed. Contact is very sensitive to taxes. Doug Danielson • Kayla Welz - Schulzetenberg has taken over the lease to the Farmer's Insurance Office Steve Frank former) Luigi 's Pizza and Zenzen Fire Suppression). opening (formerly Lui g pp )' She will be o p g a new Larry Hosch boutique. Gary Osberg Dale Wick • Precise Refrigeration has completed expansion project. They are looking at another expansion and working with the Building Official on a few items. • Two contacts have repeated looked at the DBL building. Both report copious mold issues. • The Silver's Equestrian property adjacent to Birch Street was recently listed for sale. I've reached out to the business owner to inquiry as to status of business and listing. • TIF estimates were run for biomedical building based on construction plans. Tax abatement estimates (stacked onto economic development TIF) have also been requested.