MREJ St. Cloud Development Summit
November 22, 2019 • 10:00 AM - 2:00 PM
912 Regency Plaza
912 W St. Germain Street
St Cloud, Minnesota 56301
US
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2019 St. Cloud Development Summit - In St. Cloud
Friday, November 22, 2019
10:00 AM - 2:00 PM Program
912 Regency Plaza
912 W St Germain St, St Cloud, Minnesota 56301, USA
9:55 AM Welcome and Introduction
10:00 AM Opening Remarks
Cathy Mehelich, Economic Development Director, City of St. Cloud
• City of St. Cloud State of the Market
10:10 AM A Resilient Economy: The St. Cloud Metropolitan Area
Dr. King Banaian, Dean of School of Public Affairs, St. Cloud State University
Luke Greiner, Regional Analyst, DEED
• Population and workforce trends that are impacting the real estate market
- Education levels of St. Cloud workforce
- Commuting patterns
• How relationships between private industry and education fuel workforce
• Business climate – major employers in the market and trends
• Current business sentiment and local economic indicators
11:05 AM Residential & Multifamily Real Estate Market Update
State of the Industry – Size and Overview of the Residential Real Estate Market
Chris Jacques, Sales Manager, Premier Real Estate Services
Andy Martin, President & CEO, Granite City Real Estate
Ted Schmid, COO, Lumber One, Avon Inc.
• Market trends - Home sales analysis year over year – what is selling and why
• Market trends - What is the impact of the new multifamily projects hitting the market
• Market trends - Senior Housing & Affordable Housing
• Projects that are impacting housing in St. Cloud Region
• Development Opportunities Highlight – St. Cloud Stone Gate Community
• Future forecast and trends
12:00 PM Break – Lunch Provided
12:10 PM Commercial Development Opportunities
Kate Hanson, Vice President, Granite City Real Estate
Kevin Brink, Primary Broker/Principal, TriVista Brink Commercial Real Estate
• Retail Market Update – Vacancy Rates, Market Size, Trends & Opportunities
• Office Market Update – Vacancy Rates, Market Size, Trends & Opportunities
• Industrial Market Update – Vacancy Rates, Market Size, Trends & Opportunities
• What’s driving investment in St. Cloud? Recent developments
• Commercial development opportunities in St. Cloud
• Future outlook and opportunities investors and brokers need to know about St. Cloud
1:05 PM Opportunities for Investors, Developers & Business in St. Cloud
Matt Glaesman, Community Development Director, City of St. Cloud
Lindsey Brown, Project Coordinator, Stantec
• Federal Opportunity Zones & TIF
• Infrastructure improvements and Transit Orientated Development
• Redevelopment Opportunities – Downtown & Retail Opportunities
• NorthStar Corridor & Amtrak Development Opportunities
• How does the new High School impact the city
2:00 PM Adjourn and Networking