Site work begins for warehouse, distribution center

Excavation equipment arrived on Lots 6 and 7 in the Larry Luker Memorial Industrial Park Tuesday morning to begin preparing the site for a warehouse and distribution center which will employ 164 persons.

Windmill Realty LLC purchased the land immediately west of Titan Pro on 12th Avenue South for $920,700 from Snyder Construction Partnership LLP.  Charlson Excavating, Clear Lake, is doing the site work for the planned 360,000 square foot facility.  The building plan is expected to come before the city’s Planning and Zoning Commission at its next meeting April 15.  Construction is then estimated to take 12-18 months.

It is anticipated that after construction Windmill Realty LLC will assign the development agreement to a Fortune 100 Company.

Earlier this month the City approved a development agreement with Windmill Realty LLC, which includes a $2.3 million investment in the project by the City and Cerro Gordo County.  Windmill Realty LLC now has the legal obligation to create the tax base, capital investment, and jobs detailed in the agreement.  It has been stated that 164 full-time jobs with an average wage of $39,000 annually, a $6.5 million annual payroll, tax base of not less than $12 million and total capital investment of $65 million will be achieved.