Business View Magazine | March 2020

273 BUSINESS VIEW MAGAZINE MARCH 2020 ROSEV I LLE , MINNESOTA land available, so it’s important that we redevelop underutilized property. While our current development boom in Roseville can certainly be tied to an overall strong economy, I also think much of it began back in 2016, when the city’s Economic Development Authority (EDA) drafted and adopted a public finance assistance policy. That established clear expectations to the development community about what the city wanted, and what type of development it potentially would support. Since that policy was adopted, the city has done a substantial amount of redevelopment.” “The city has also focused on bringing good jobs to the community. These efforts are beginning to attract companies like Colder Products (CPC), which is currently completing its new corporate headquarters here in Roseville,” Gundlach continues. “CPC’s new 135,000-square-foot building will bring nearly 350 new jobs to Roseville. CPC’s project is a great example of what the EDA really set out to accomplish - not only bringing in a new corporate headquarters and a large number of high-quality jobs, but also because it is being built on a site that was environmentally blighted. They were able to take a site that was not being used to its potential and convert it into a $26 million project that will benefit the city for years to come.” “The city has also been focused on job retention; making sure that existing Roseville businesses are able to stay in Roseville,” Gundlach adds. “There are two job retention projects – the first one is McGough Construction Co., Inc. They’ve been in our community for a long time, but needed more space. They were able to secure a site immediately adjacent to their existing facility and build a new headquarters. They were able to preserve an existing warehouse facility, and add new office space to it, which allowed them to display their capabilities as a contractor and developer. That $17 million project has been well-received by people in our community. It also allowed the city to assist in