Coon Rapids Economic Development

Business Council Meeting

Business owners are welcome to attend the Coon Rapids Business Council Meeting. Quarterly meetings are an opportunity to network with City officials and business leaders while learning about current local issues.
The meeting will feature guest speakers from Simonson's salon.
  • 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.

Potential Development Near Northstar Rail Station

Plans are in the works to create a new development project next to the Northstar Commuter Rail station (behind Target) on land owned by the Anoka County Regional Rail Authority. This plan will include a 176-unit market rate apartment building, a 63-unit mixed-income apartment building and a small retail component. Minneapolis-based Sherman Associates will be leading the $51 million project, which could break ground by early 2017 if funding is received.
Coon Rapids Economic Development Coordinator, Matt Brown, says "Most of the project will be funded by a combination of private equity federal tax credits, a Metropolitan Council grant, and a small amount of it would also come in the form of tax increment financing from the City. It’s really exciting to see interest in new construction here in Coon Rapids.”

Construction Moving Along on River North Senior Housing

The exterior framing and roofing of the new, 167-unit senior apartment building is nearly completed at the intersection of 109th Lane and Crooked Lake Boulevard.

The facility, located next to the Coon Rapids Ice Center, is expected to open in early 2017. The project represents a major step forward in development efforts along the Coon Rapids Boulevard corridor. 

River North is the second senior housing project to be constructed along Coon Rapids Boulevard in recent years. Autumn Glen Senior Living opened earlier this year about a mile to the west. More information about the River North Apartments is available at www.rivernorth-apts.com or by calling 763-762-4762.

River North Update
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FREE Business Consultations

Need business advice? Open to Business is available to anyone in Anoka County looking to open a business or who currently owns a business. Advisor Kathleen DuChene holds office hours at the Anoka County Government Center and other locations around Anoka County, including at Coon Rapids City Hall on the third Tuesday of each month from 2:00 - 4:30 p.m.Entrepreneurs interested in this service can also schedule an appointment by calling Kathleen at 763-438-7315.

This service is perfect for those looking to:
• Open a business
• Discuss financing options
• Develop marketing strategies
• Understand the logistics of leasing or purchasing property
• And other business-related needs

More information about this program can be found at www.opentobusinessmn.org.

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