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HomeMy WebLinkAbout[09b] Development Updates 2015 Review of Investment Rolling Ridge Events Center completed k. a .75M investment in remodeling a historic barn to be used for weddings and events. The facility is open May through October each year and is located on CR 133. September 2015 the City purchased E,7� 77 Colts Academy from District 742. The facility is currently used by Little Saints for a Daycare based business and Early Childhood. The facility will eventually be converted to a Community Center and Little Saints will remain as a tenant. (2.3 M) Resurrection Lutheran Church completed an addition to their worship space and added classrooms. (.75M) - ! i -------------- r Sliced opened in 2015 adding a takeout food restaurant and late night pizza window for after bar hours. Bad Habit Brewery opened in 2015 offering six different craft beers. They B+ . HABIT BSE are located in Millstream Shops and Lofts. res p"r CLC Partners developed an eight lot M;• t single family develop on the North side of St.Joseph, adjacent to the Northland developments. 2016 Anticipated Investments April 4,2016 the City started construction on _ the new Government Center with an - anticipated February 2017 opening(4.875M) Ni Kwik trip purchased the former El Paso facility and razed the building to make room M for a 10,145 square foot facility. The facility will include a convenience store,gas station and car wash. Anticipated opening in August. (3.5M) _ Collegeville Properties is anticipating starting construction on a three story mixed use building. The facility will include residential,commercial and restaurant. A fall ni 2016 start date is anticipated. (5 M) J` Fortitude Housing—45 unit senior housing. The facility will allow for aging in place with services brought to the residents as they need. The facility will serve the all levels of income and accept elderly waivers. _ Anticipated start date is July 2016 with a OMM mid-year 2017 occupancy. (6 M) A specialty retail purchased property immediately north of McDonalds on CR 133 and anticipates a 2016 construction start. 2016 Anticipated Investments . .r a Country Manor purchased 135 acres of the former Arcon Development. The property is J adjacent to CR 121 and Jade Road,near . . '` Kennedy Community School. The project will be completed in three phases with phase one consisting of 60 independent living units, 24 memory care,chapel and some commercial uses and 12 patio homes. At full build out the plan is 120 independent living units,48 memory care units, 59 patio homes, chapel,bistro,beauty shop and restaurant. (16M) The College of St.Benedict will construct a new athletic field to include softball fields, soccer/lacrosse fields multipurpose field and events center. Construction is anticipated in - ANU y'y 2016 with completion in 2017. (12 M) The City Council started the process for construction the easterly portion of Field Street. The project will start at CR —_ - 121/College Avenue and extend easterly to a point to be determined. It is anticipated the project will begin in late 2016 with completion in mid-2017. The EDA is looking to create shovel ready sites for industrial and commercial development. It is anticipated the City will partner with a developer or agency to extend water and sewer to the site. The property is c- L �r1r located on CR 133 north of the existing .� industrial park. 2016 Anticipated Investments i The City acquired 95 acres of parkland adjacent to the Sauk River. This property was part of the original Arcon development that was dedicated for park. The majority of the property is not developable; however has 0 great potential to include a canoe park and • -� other features. The City has received funding from the St. Cloud APO to study the possible placement of a pedestrian bridge over CR 75. In addition the City submitted a bonding request I to the Governor for funding assistance. While it did not make the Governors bonding it did make the Senate list and still has to go to the House.