1-17-23 EDC Minutes - Laserfiche WebLink

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EDC Minutes January 17, 2023 Page 2 of 4 6. Workforce Housing Update Mark Jurchen stated the apartment complex is moving forward and the lot price is being discussed at approximately $40,000 per acre. He stated Timber Builders is still moving forward with the eight plex units on Lilac. He said they are still working on getting the word out and are starting to see referrals on what type of housing Pequot Lakes is looking for. Discussion ensued about Thomas Allen Homes verbally agreeing to start three homes in Trailside Estates in the spring. Discussion ensued about the impact on the school district when the housing units are added. Discussion ensued about the cost of building. 7. EDC Goals Chair Lottman discussed bringing information to the Council and recapped the goals. He informed the Council that in the Marine industry the pre- season sales are down forty percent already and that may be an indicator of where the economy is going. He stated that it may help with the construction industry and to enable homes to sell for less. Chair Lottman asked the Commission members to look at goals they think would be most important to focus on and be ready to discuss them at the February Council meeting. He said if no one has anything or does not reach out he will take the lead on three potential goals. Discussion ensued about assigning tasks to keep the goals moving. COMMISSIONER LELWICA MADE A MOTION FOR EACH COMMISSIONER TO LOOK AT EACH GOAL AND GET THEIR FEEDBACK TO CITY CLERK/TREASUER DUUS BEFORE THE FEBRUARY MEETING. COMMISSIONER HALLAN SECONDED THE MOTION. MOTION CARRIED 4-0. 8. BLAEDC Update Tyler Glynn stated the Thomas Allen Homes is a statewide builder. He said they have big developments in Deephaven and seven different developments in this region. He stated the owner is Tom Dean, owner of the Power Lodge. He stated he is a great builder and understands the area. Discussion ensued about other local builders. Discussion ensued about the apartment building complex builders and making introductions within the next couple months. Mr. Glynn stated he has discussed and is working on potentially using some of the Crow Wing County’s Housing Trust Fund dollars for the project. Mr. Glynn stated they will be hiring another person that could potentially be a dual position at BLAEDC. He said they are looking for help on social media content and an administrative assistant. He said he will be attending his state meeting next month and will learn about programs with DEED. He said their could potentially be housing money out there. He discussed how a majority of the money stays closer to the metro area but there has been discussion about more of it going out to greater MN. Mr. Glynn stated that there are about 1,600-1,700 open spots of childcare in the County still and said there is some potential funding