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| Field of Dreams becoming a reality |
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| Wednesday, 07 March 2007 | |
The Field of Dreams that led to the creation of the Cambridge Opportunity Industrial Park’s opening in November 2004 is starting to become a reality, Mayor Marlys Palmer has announced. The park’s first building is Larson Properties’ 16,000 sq. ft. building, which is under roof and should be completed and ready for occupancy in the near future, according to Dave Carlberg, the city’s Community Development director. Since the city launched its marking program in 2005, Economic Development Director Tom Willett has worked with 92 industrial prospects. He has handled an additional 35 general inquires for basic information on Cambridge. Willett said 28 or 30 percent of the prospects are still listed as active. In addition to the Larson project, U.S. Water has a 31,000 sq. ft. warehouse addition under construction in the Southeast Industrial Park. The Allina Home Oxygen building on South Main was completed earlier this year. A much larger scale development has been planned by Anderson Builders, a St. Louis Park development firm. At its Feb. 5 meeting, the city council approved an extension of a preliminary development agreement with Anderson Builders encompassing about 20 acres in the Cambridge Opportunity Industrial Park. Greg Anderson, president, explained that they have developed architectural plans to construct three buildings totaling 256,000 sq. ft. in what they are marketing as the Cambridge Opportunity Business Center. The buildings are designed at 96,000, 90,000 and 70,000 square feet, respectfully. The flexible design will allow for small or large tenants, as well as single or multi-tenant occupancy. With the council’s approval, Anderson Builders is undertaking a marketing initiative that complements the city’s ongoing marketing program. A sign announcing the project has been placed along Highway 65 and another along Kennedy Street. A targeted marketing campaign was also kicked-off in February. Anderson personnel along with city staff have begun meeting with prospective tenants, with more meetings planned for the coming months. |
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The Field of Dreams that led to the creation of the Cambridge Opportunity Industrial Park’s opening in November 2004 is starting to become a reality, Mayor Marlys Palmer has announced.
