SHAKOPEE, Minn. -- In the business world it's the equivalent of bringing a ghost ship to life and filling it with living, breathing people.
The expansive ADC Telecommunications building in Shakopee will become a manufacturing and design facility for Rosemount Measurement, a division of Emerson Process Management in St. Louis. The redevelopment project will add up to 500 jobs to a site that has been dormant since its construction 13 years ago.
"It's an extraordinary collaboration between local and regional and state government units," Shakopee Mayor Brad Tabke told KARE.
The ADC campus near Canterbury Park has become of symbol, of sorts, for economic boom and bust. The telecommunications supply company was still building its new facility when the dot-com bubble burst in the year 2000.
The company never moved into the new complex. It has sat empty since despite many efforts to redevelop it for another manufacturing use.
"Bringing in 500 jobs plus 700 spin-off jobs to a place that hasn't been occupied for 13 years is a great thing for any community," Tabke remarked.
Rosemount builds high-tech electronic flow metering devices used in the oil industry and refining, among other applications.
"So it brings with it high-end engineering and manufacturing jobs, and we're obviously excited about that."
It's a $70 million redevelopment plan leveraged with $6 million in tax breaks, loans and other incentives put together by several governmental entities including the State of Minnesota's Department of Employment and Economic Development, Scott County, the city of Shakopee and the Shakopee Public Schools.
The mayor said that Emerson has agreed to work with the school district on STEM related curriculum, which is a plus for both the company and the school system.
The county's fiber optic network was also a key factor in sealing the deal with Emerson and The Opus Group, which is the real estate developer that now owns the ADC campus.
"The county is throwing in the fiber network, so we're linking the different Emerson buildings together. And that was a huge win for all of us," Tabke explained.
The mayor said the Rosemount Measurement plant will utilize 60 acres of the 110-acre site, and that the 50 remaining acres will be available for other development.
Emerson Process Management already has 2,600 employees in Minnesota, including 2,000 working in Rosemount Measurement facilities in Eden Prairie and Chanhassen.
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