Coon Rapids Economic Development

Quarterly Economic Development Report

What type of business activity is going on in Coon Rapids? What are the employment numbers in Coon Rapids and what is the average wage? Find all of this information and more in the latest Coon Rapids Quarterly Economic Development Report available online.
 
Pt. Riverwalk

Potential Port Riverwalk Housing Development

The City Council has directed City staff to begin negotiating a development proposal with The Beard Group and Centra Homes for the City-owned land on the south side of Coon Rapids Boulevard generally between Egret Boulevard and Avocet Street. The potential project will likely include market rate apartments, for-sale detached townhouses, and additional land reserved for retail. The apartments would be amenity-rich and more contemporary and different from other apartment offerings in the City.

The City’s Housing and Redevelopment Authority (HRA) had purchased the property, demolished older buildings, and cleaned up contamination several years ago. A previous development proposal for the site never materialized and the City’s agreement with that developer was terminated in 2014. As details of a potential project are worked out, there will be several opportunities for input from the public.

Mercy Hospital Expansion

Mercy Hospital is going to be expanding its building and parking capacity at its current location. The three-year project will enhance critical care and surgical services at the facility. At the same time, renovations will also take place at the Unity Hospital campus, located in Fridley. Mental health and addiction services will move from Mercy Hospital to the Unity campus as part of the enhancement plans. Mercy and Unity Hospitals, owned by Allina Health, are working to enhance patient care by operating as a single system on two campuses. The renovation work at Unity Hospital is expected to be complete by early 2017, while the work at Mercy Hospital will be complete by late 2018.

NLX

Northern Lights Express Passenger Rail

A rail station for NLX is proposed in Coon Rapids, near the Foley Boulevard Park and Ride, which would make Coon Rapids home to two passenger rail stations. The other rail station is located in Riverdale, the stop for the Northstar Commuter Rail Line.

The NLX passenger rail service will operate on 152 miles of an existing Burlington Northern Santa Fe Railway (BNSF) rail corridor between Minneapolis and Duluth on a schedule of four round trips per day at speeds up to 90 miles per hour with an end-to-end travel time of approximately 2 ½ hours. For more information, visit the MNDOT website.

Other Business News

  • CPR, Cell Phone Repair has opened a new location at 12689 Riverdale Boulevard Northwest. 
  • Edward Jones Investments has opened a new location at 11650 Round Lake Boulevard, Suite #106.
  • Gordman's (specialty retail) will be opening a new store at 3340 124th Avenue NW, #2 (in the old Rainbow Foods store) located in the Riverdale Crossing Shopping Center.
  • Jimmy John's (sandwich shop) has opened a new location at 1835 Gateway Drive, #102.

Save the Date

Coon Rapids Business Council Meeting

  • Tuesday, May 24, 2016 from 7:30 a.m.- 9:00 a.m.
  • Bunker Hills Clubhouse, East Ballroom
    12800 Bunker Prairie Road
  • Learn about improvements being proposed for Highway 10

Anyone involved with business in Coon Rapids is welcome to attend this quarterly meeting.

Visit the Metro North Chamber of Commerce website for more information.

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