2021 Year in Development

2021 was a record year for building activity in Rosemount. The total permit valuation for new projects hit a record $146 million dollars, an almost 40% increase from 2020’s $105 million valuation. Both residential housing and commercial/industrial projects showed significant increases in activity.

The private sector invested a record amount in to new business and development. Commercial and industrial projects were the leading driver increased permit valuation in 2021, which represents a shift from a historically residential lead market. Commercial and Industrial permits rose from 17 in 2020 to 23 in 2021, and total valuation increased from $8 million to $43 million, a 435% increase. Major projects broke ground in the Rosemount Business Park and strong commercial and industrial demand is expected to continue into 2022.

Housing remained the largest sector of activity and housing valuations broke $100 million for the first time, representing a 10% increase over 2020. Single family homes lead the way in permits issues, with a record 226 units in 2021, up from 155 in 2020. 2021 saw the addition of 340 total housing units added between single family (226), townhome (82) and multifamily developments (32). Housing development in Rosemount has dramatically increased year over year since 2010 when 80 units of was brought online. Total actively for all permits citywide increased from 1,415 to 2,219.

Major Projects and Milestones

The Morrison: The Morrison project in summer of 2020 and work has continued throughout the year. In fall 2021 the project completed Phase I and the first residents began moving into Downtown Rosemount.

Amber Fields: The sale of 435 acres in Rosemount paves the way for a sprawling new development with upwards of 2,000 houses and apartments and a new elementary school on land that was owned by the University of Minnesota. In addition to the housing and a badly needed elementary school, the project will also include upwards of 100,000 square feet of commercial space, parks and open space. Read more about the project here.

The Home Depot: Seefried Industrial Properties broke ground in fall on a 417,600 square foot distribution center in the Rosemount Business Park which will house a new facility for The Home Depot.

Rich Valley Golf Course Redevelopment: Developer Scannell Properties was granted approvals for a 548,000-square-foot distribution center with some warehouse and office space that would be placed on a 160-acre parcel in the northeast corner of the 52-42 junction. Construction is expected to begin in spring 2022.

Stordahl Building: A new spec industrial building was completed in the business park by Appro Development. In 2021, 3 tenants moved into the 18,000 square foot facility. The 3 business are:

Valley Natural Foods
Epic Wraps
TunePlus

Carrousel Way Medical: Davis Construction completed the 12,000 square foot medical office building. The Lorenz Clinic of Family Psychiatry is the primary user of the space and opened to the public in winter 2021.

The Clover: In 2020 the Rudy’s restaurant closed and had a change in ownership. The Clover began interior work in fall 2020 and opened to the public in March 2021.

North 20 Brewing: North 20 Brewing broke ground in fall 2021 for a new brewery and event space.

OMNI Orchards: The OMNI Brewing group has submitted plans for a Conditional Use Permit for a farm winery, which were approved in fall. The initial building will be an 8,000 s.f. tasting room with a 4,000 s.f. patio and is scheduled to begin work this spring.

County Road 42 Commercial Growth Visioning

In 2021 the City unveiled a Commercial Visioning Study aiming to create a cohesive vision for growth along the County Road 42 Corridor. The City has placed a high priority on attracting the right kind of business and commercial development that will help connect Rosemount residents with more opportunities to shop and obtain services in Rosemount, provide jobs and expand the tax base.

The study, completed by the consulting firm of Perkins & Will, focused on the County Road 42 corridor and highlights the future vision of four main intersections.

A group of staff and consultants conducted a year of information gathering and joint sessions with the Port Authority and Planning Commission, interviews, and presentations to determine the best use for the identified commercial areas and create visual renderings. The renderings are high level conceptual ideas for each site and will be used to market Rosemount to developers and shared with residents to communicate the City Council’s vision for the community. Learn more about the project by clicking here or watching the video below.