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NorthPoint Communications: Provider of high-speed DSL-based Internet access to consumers and businesses via a reseller channel.

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NorthPoint plans $200M industrial development in Cottage Grove

Jul 22, 2021

NorthPoint Development could begin pushing dirt as soon as this fall on a $200 million industrial development in Cottage Grove, a project described by the city as a hub for NorthPoint’s Midwest operations. Missouri-based NorthPoint wants to construct the seven-building complex on a 196-acre site near 100th Street South and Ideal Avenue, the city said. Buildings would range in size from 200,000 to 700,000 square feet. NorthPoint didn’t disclose any end users. But the city said NorthPoint will select tenants for the buildings, “which will be key to corporations’ manufacturing and warehousing/distribution efforts.” Full build-out will likely take place over four years. The first building could open in summer 2022, according to the city, which added that the new Class A complex could generate $50 million in annual wages and create 1,360 “direct staffing jobs.” Christine Costello, Cottage Grove’s director of economic development, said in an interview that the city and NorthPoint have been discussing the possibility of an expansion for about a month. Cottage Grove’s comprehensive plan calls for industrial development at the site and the city has been seeking out potential users. In this case, NorthPoint reached out to the city and expressed interest in the location, she said. NorthPoint is pretty new to the Twin Cities, though the company has a logistics presence in Minneapolis, Costello noted. “They’re unique in that they will retain ownership of the site” in Cottage Grove, Costello said. “They will not sell it off to anybody. They will always be a community partner.” Costello said NorthPoint is proposing a couple of buildings with “cross docks,” or docks on both sides of the building. “That’s something that they think is kind of missing from the Twin Cities market,” she added. Cottage Grove’s Planning Commission, Economic Development Authority and City Council will review the proposal “in the coming months,” the city said. Costello said the city is in the “very early” stages of discussing tax increment financing for the project. Cottage Grove Mayor Myron Bailey said in a statement that the NorthPoint proposal represents “a significant investment in our community. It has the potential to bring hundreds of jobs to our city and generate even further growth in our housing and commercial sectors.” Brent Miles, NorthPoint’s chief marketing officer and founding partner, said in a statement that the company was “impressed with the location of the site and the recent growth within the city of Cottage Grove.” “NorthPoint is not only committed to the process moving forward, but our leaders also want to express our commitment to the city and its residents moving forward,” Miles said. “Our core values not only represent an investment in a community; we have been recognized for our continued commitment to the cities we call home.” NorthPoint is active in 24 states and has nine offices. Founded in 2012, the company has developed and managed nearly 108 million square feet of industrial space, according to its website. The NorthPoint proposal comes on the heels of another industrial expansion in Cottage Grove. Earlier this month, North Star Sheets, a provider of materials used in the packaging of goods, said it plans to add 35,600 square feet of space to its 168,000-square-foot manufacturing facility at the Southeast Industrial Park in Cottage Grove. On its website , the city says its southeast metro location allows businesses “to draw from a labor pool of over 359,000 workers, including employees from the heart of the metro area as well as from nearby rural areas.”

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