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10-18-17 JDA Agenda Packet
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10-18-17 JDA Agenda Packet
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Proposed Location <br />RICE CREEK COMMONS <br /> 9 <br />Local Market Highlights <br />The following are some of the amenities in the immediate vicinity of Rice Creek Commons which will make this <br />site an attractive and welcoming community for Amazon: <br />• The northeast region of the Twin Cities metropolitan area offers affordable to luxury housing options, both <br />rented and owned. This housing product diversity, ranging from workforce housing to executive-level <br />homes, will be able to support Amazon’s employment needs now and in the future. <br />• There are more Fortune 500 Companies (18) per capita in the Minneapolis/Saint Paul metropolitan area than <br />any other region. Several Fortune 500 corporate headquarters campuses are located within a few miles of <br />Rice Creek commons, including Medtronic, St. Jude Medical, Boston Scientific, and Land O’ Lakes. <br />• Minneapolis/Saint Paul is the 9th most inventive metropolitan area worldwide. It is the birthplace of game <br />changers like the pacemaker and supercomputer. (Organization for Economic Cooperation and Development) <br />• Arden Hills is home to 14 parks and more than 26 miles of trails that connect to a regional trail system <br />with more than 240 miles. <br />• The Mounds View School District, which is consistently rated among the best in Minnesota, is the <br />school district for Rice Creek Commons residents. <br />• With a highly educated population, the northeast metro is uniquely positioned to provide a local <br />employment base for Amazon: <br />• The Twin Cities is a national magnet for young professionals, with the highest employment <br />rate for 19-34 years olds in the country. <br />• 49% of residents within a five-mile radius of the site have a bachelor’s degree or higher. <br />• 70,000 four-year college students study within a 10-mile radius of the site. <br />• 661,000 employees live and 33,000 businesses are located within a 10-mile radius of the site.
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