MFC Properties is pleased to introduce Lake Elmo’s
largest and most anticipated new residential and
commercial development area in decades. Located
just eight miles east of downtown St. Paul on the north
side of Interstate 94, this recently opened area for
development is poised to leverage the city’s adopted
pro-growth and land-use plan, high-trafficked interstate
location, and notable market demographics. Situated
across from prominent retail and residential communities
in Woodbury, the immediate market area boasts densely
populated and upper-income neighborhoods which
continue to draw new residents. The development is
minutes from Woodbury Marketplace, Woodbury Lakes
and Tamarack Village shopping centers, Eagle Point
Business Park, Stoneridge Golf Club, and Lake Elmo
Regional Park Reserve, and offers direct access from
I-94 via Keats Avenue and Woodbury Drive. Nearby
destination powerhouses include Walmart, Super Target,
and Sam’s Club.
The city of Lake Elmo has been commonly known for its
overall rural character, significant natural resources and
abundance of agricultural land. Fueled by growing interest
among developers, the city has unveiled a new vision and
comprehensive land use plan, that when completed will
make Lake Elmo one of the fastest growing cities in state
history, projected to triple in size in 18 years.
PRIME RETAIL OPPORTUNITYNW Quadrant of I-94 and Keats Avenue, Lake Elmo, Minnesota
mfcproperties.com
MFCPROPERTIES.COM
Buffalo>
<Mendota Heights
Lindstrom>
Buffalo>
Mayer>
New Hope>Oak Park Heights>
<Lexington
<Crystal
<Landfall
Rockford
Hilltop<Willernie
New Trier
Big Lake
Loretto
<Medicine Lake
Birchwood Village>
St. Marys Point
Lauderdale
<Center City
<Minnetonka Beach
<New Market
Greenwood>
Woodland
Spring Park>
Shafer
<Grant
<Excelsior
Lexington
Lakeland Shores
Osseo
Cologne
Bethel
Pine Springs
Lilydale
Mayer
Long Lake
Montrose
Lake St. Croix BeachTonka Bay
<Vermillion
RandolphHenderson>
St. Bonifacius
Maple Plain
Gem Lake
Stacy
Hampton
Elko
Coates
Rockford
Norwood Young America
Watertown
Sunfish Lake
Miesville
Bayport
Somerset
Dresser
Circle Pines
Chisago City
Spring Lake Park
North Hudson
Falcon Heights
Lindstrom
Prescott
St. Anthony
Centerville
Deephaven
St. Paul Park
Delano
Jordan
New Prague
Waconia
Dellwood
Zimmerman
Wyoming
Lakeland
RobbinsdaleOak Park Heights
North St. Paul
Wayzata
St. Croix Falls
Columbia Heights
Osceola
Newport
Carver
Taylors Falls
Hopkins
Cannon Falls
Mounds View
Big Lake
Marine on St. Croix
Belle Plaine
Forest Lake
Little Canada
Albertville
Mound
River FallsWest St. Paul
Rogers
Hanover
New Hope Mahtomedi
Crystal
South St. Paul
Monticello
Hudson
Richfield
New Brighton
Anoka
Stillwater
Buffalo
Vadnais Heights
Brooklyn Center
Victoria
North Oaks
White Bear Lake
Champlin
Becker
Arden Hills
Mendota Heights
Golden Valley
Fridley
Hastings
St. Louis Park
Oakdale
Farmington
Shoreview
Shorewood
Roseville
Chaska
Edina
Prior Lake
Savage
Apple Valley
Maplewood
Greenfield
Chanhassen
Coon Rapids
St. Francis
Lake Elmo
Dayton
Grant
Afton
Orono
Brooklyn Park
Burnsville
Medina
Minnetonka
Shakopee
Ramsey
Inver Grove Heights
Otsego
Minnetrista
Eagan
Blaine
Independence
Andover
Oak Grove
Maple Grove
Rosemount
Eden Prairie
Woodbury
Lino Lakes
Plymouth
Ham Lake
Corcoran
HugoSt. Michael
Lakeville
Cottage Grove
Bloomington
Red Wing
Elk River
East Bethel
St. Paul
Minneapolis
WIMN
35E
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Johnson Memorial Dr
US HWY 10 SE
Rochester Blvd
Forest Blvd N
Coates Blvd E
Lake Blvd
Wayzata Blvd
240th St E
Lillehei Ave
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Hastings R
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Minneapolis Metro AreaZIP Code Map
WorkingMaps.com File ID: mnminneapolis
(c)FLATTEXT Database Scripts, Inc. For permission to reproduce, contact us at: (800) 525-1626
18 miles
100 Units on the Horizonal and Vertical Rulers Equals 3.50 Miles
Layer Index
Counties
5-Digit ZIP Codes
Cities and Towns
Interstate LabelsPrimary Road Labels
Other Primary Road Labels
Buffalo>
<Mendota Heights
Lindstrom>
Buffalo>
Mayer>
New Hope>Oak Park Heights>
<Lexington
<Crystal
<Landfall
Rockford
Hilltop<Willernie
New Trier
Big Lake
Loretto
<Medicine Lake
Birchwood Village>
St. Marys Point
Lauderdale
<Center City
<Minnetonka Beach
<New Market
Greenwood>
Woodland
Spring Park>
Shafer
<Grant
<Excelsior
Lexington
Lakeland Shores
Osseo
Cologne
Bethel
Pine Springs
Lilydale
Mayer
Long Lake
Montrose
Lake St. Croix BeachTonka Bay
<Vermillion
RandolphHenderson>
St. Bonifacius
Maple Plain
Gem Lake
Stacy
Hampton
Elko
Coates
Rockford
Norwood Young America
Watertown
Sunfish Lake
Miesville
Bayport
Somerset
Dresser
Circle Pines
Chisago City
Spring Lake Park
North Hudson
Falcon Heights
Lindstrom
Prescott
St. Anthony
Centerville
Deephaven
St. Paul Park
Delano
Jordan
New Prague
Waconia
Dellwood
Zimmerman
Wyoming
Lakeland
RobbinsdaleOak Park Heights
North St. Paul
Wayzata
St. Croix Falls
Columbia Heights
Osceola
Newport
Carver
Taylors Falls
Hopkins
Cannon Falls
Mounds View
Big Lake
Marine on St. Croix
Belle Plaine
Forest Lake
Little Canada
Albertville
Mound
River FallsWest St. Paul
Rogers
Hanover
New Hope MahtomediCrystal
South St. Paul
Monticello
Hudson
Richfield
New Brighton
Anoka
Stillwater
Buffalo
Vadnais Heights
Brooklyn Center
Victoria
North Oaks
White Bear Lake
Champlin
Becker
Arden Hills
Mendota Heights
Golden Valley
Fridley
Hastings
St. Louis Park
Oakdale
Farmington
Shoreview
Shorewood
Roseville
Chaska
Edina
Prior Lake
Savage
Apple Valley
Maplewood
Greenfield
Chanhassen
Coon Rapids
St. Francis
Lake Elmo
Dayton
Grant
Afton
Orono
Brooklyn Park
Burnsville
Medina
Minnetonka
Shakopee
Ramsey
Inver Grove Heights
Otsego
Minnetrista
Eagan
Blaine
Independence
Andover
Oak Grove
Maple Grove
Rosemount
Eden Prairie
Woodbury
Lino Lakes
Plymouth
Ham Lake
Corcoran
HugoSt. Michael
Lakeville
Cottage Grove
Bloomington
Red Wing
Elk River
East Bethel
St. PaulMinneapolisMinneapolis
St. Paul9494
394
94
694
694
494
494
35W
35W
35W35E
35
94
35
SITE
The plan includes rezoning to accommodate
new businesses, housing, new roadways and
utilities infrastructure, and the anticipated
rapid growth from the three square mile
strip to be developed along I-94. Ultimately,
Lake Elmo has the capacity for 17,000
new residents and 14,000 new employees.
MFC Properties’ development has up to
30 acres of land that can accommodate
up to 260,000 SF of retail space.
EXCEPTIONAL SITE CHARACTERISTICS
OPTIMAL ACCESSIBILITY AND VISIBILITY OFF I-94
• Over 96,000 vehicles per day on Interstate 94
• Over 26,000 vehicles per day on Woodbury Drive
• Located at one of only 4 exits between WI and MN east of I-494/694
ADJACENT TO PROPOSED NEW RESIDENTIAL AND COMMERCIAL DEVELOPMENT
• Up to 17,000 new residents anticipated in Lake Elmo
• Lennar commenced multi-phase project beginning in early 2014
• 312 new homes
• Zoning along I-94 allows for 700,000 SF of new retail/mixed-use
CONVENIENT LOCATION, HIGH DEMAND
• Eight miles east of downtown St. Paul along MN – WI
gateway corridor
• Captures daytime traffic from Wisconsin and eastern suburbs
• 40%+ St. Croix County workers commute to MN
• Residential and worker destination-bound traffic into
Woodbury & Oakdale
• Near primary retail hubs – Woodbury Lakes Lifestyle Center,
Woodbury Marketplace, Tamarack Village, Oakdale Village
• Walmart, Super Target, Sam’s Club, Cabela’s
• Over 100,000 residents within five miles
SEE DETAILED MAP
ON NEXT PAGE.
MFCPROPERTIES.COM
COMPELLING MARKET DEMOGRAPHICS*
RANKED TOP BEST AREAS IN MINNESOTA FOR
YOUNG FAMILIES
• 80% owner occupied households
• $220,778 median home value, 29% above US
• 38% households with kids
AFFLUENT, UP AND COMING COMMUNITY
• $103,689 average income, 44% above US
• 38% earn $100,000+
• 46% college graduates versus 28% US
• Growth rate twice that of US average
WOODBURY AND LAKE ELMO COMPARED TO MINNESOTA:
• Median household income above state average
• Percentage of population with a bachelor’s degree or higher significantly above state average
• Median house value above state average
• Unemployed percentage below state average
• House age below state average
TOP EMPLOYERS:
3M 15,000
South Washington County School District #833 1036
Woodwinds Health Campus 851
Woodbury Healthcare Center 340
Summit Orthopedics 300
Assurant 287
The Hartford 250
Target.com 250
Globe University 221
City of Woodbury 212
Allina 200
*5-mile radius
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3470 WASHINGTON DRIVESUITE 102
EAGAN, MINNESOTA 55122TEL (651) 452-3303
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DEVELOPER
MUNICIPALITY
CNC
MFC13002
2013
C201MFC002
SITE PLANCONCEPT 4
C2.1
SITE PLAN NOTES
ZONING AND AREA SUMMARY
NORTH
060
120
PARKING SUMMARY - SOUTH OF HUDSON
TOTAL AREA SUMMARY
PARKING SUMMARY - NORTH OF HUDSON BLVD.AREA SUMMARY - NORTH OF HUDSON BLVD.
AREA SUMMARY - SOUTH OF HUDSON BLVD.
MFCPROPERTIES.COM
MFC PROPERTIES CORPORATION
“Developing Lasting Relationships”
MFC Properties Corporation’s mission
is to continue to develop, own, lease and
manage a portfolio of quality income
producing commercial real estate projects.
This will be accomplished by developing
not just real estate but lasting, mutually
beneficial, business relationships
with our clients and associates.
MFC PROPERTIES CORP.
Bruce Miller, CCIM
Vice President
(o) 651-452-3303
(c) 612-209-7213
mfcproperties.com
MFCPROPERTIES.COM