The Chaska Gateway development is a10-acre property located at the northeast corner of Chaska Boulevard and Audubon Road. The site is located in the southern half of the triangle formed by Chaska Boulevard, Audubon Road, and Highway 10 (Engler Boulevard). The City Council approved the Chaska Gateway Concept Plan, Preliminary Plat, and rezoning from Open Development (O) to Planned Multi-Use Development (PMD-16) in November of 2004. A Final Plat was approved in January of 2005 and the Final Site/Building Plans for Lots 2 and 3 were approved subsequently. At the same meeting in January of 2005, the preliminary site/building plan approval was given for the remaining three lots (Lots 1, 4 and 5).
Lot 2 contains a retail building that currently houses a Papa Murphy’s and a Caribou Coffee. Lot 3 contains another retail building where a Napa Auto Parts store is located. The remaining three lots are currently vacant.
At the October 19th Council meeting,approval was given to the site and building plans for Lot 5 of Chaska Gateway, which is approximately 1.8 acres (78,740 square feet). The 20,000 square feet bio-medical condominium building proposed by the applicant for Lot 5 was reflected in the Concept Plan and Preliminary Site/Building Plan approvals as a Warehouse/Industrial condominium building.
The applicant has two interested parties at this time that would essentially divide the building into two separate condominiums, each totaling 10,000 square feet. Formacoat, a company that specializes in providing coating-engineered application solutions utilized in sophisticated medical design and development, will take ownership of one of the condos. The applicant has also been working with the Carver County Community Development
Agency (CDA) to potentially take over the other half of the bio-medical condo building. The CDA has an interest in providing an incubator type facility for small bio-medical startup companies that wish to locate in Carver County.The idea is that this facility could potentially house multiple companies in the same space, rendering the situation ideal for startup companies who have limited working capital but innovative ideas. Many companies like this need a location to incubate until they are ready to take the next steps into a larger space. The hope is that when they are ready for that next step, it will happen in the Chaska community where they first got their start.
Watch for work to begin on the site after the first of the year.
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