On April 24, 2008, the Post-Bulletin published an article headlined "Biotech center groundbreaking expected this year." Download Elk Run groundbreaking plan announced in Post Bulletin April 24 2008
[Advertising sign at the planned Elk Run site. Please click to enlarge. Photo by Jeff Hansel. Copyright.]
Technically, ground was broken, although little fanfare occurred. Since then, a non-paved road has been constructed and work has been done in preparation for a foundation for the first building — which, according to developer Tower Investments, is on track to house its first tenant in August of 2011.
But I spoke with a construction official yesterday (December 27, 2010) and learned that the developer has not approved the start of construction yet. Everything is dependent upon the timing of the tenant, I was told. This is the same thing Tower had claimed earlier. But it remains unclear exactly when actual construction of a building will occur.
It also remains unclear who the first tenant might be.
Finance & Commerce reported this week that it has found a biotech company interested in locating at Elk Run. That company, called Vet-Stem, "uses stem cells to treat arthritis, tendon and ligament injuries in dogs, horses and cats."
That's not exactly the kind of human biotechnology company project backer G. Steven Burrill, CEO of Burrill & Company, has suggested might locate in Pine Island. But he has given little hint, beyond suggesting a bioenergy or human health focus.
Burrill has declined recent interview requests from the Post-Bulletin. The key question is whether Burrill has been able to raise $1 billion, enough to dangle multiple carrots to entice biotech companies to locate at Elk Run.
If he succeeds, those close to the project (including proponents and opponents) say, Elk Run will too. But if he fails, going might be much rougher.
In the meantime, my colleague, political reporter Heather J. Carlson has a piece scheduled for publication today in the print edition of the Post-Bulletin — in which the U.S. 52 interchange at County Road 12 once again gets scrutiny.
If Elk Run eventually becomes the next Silicon Valley, a historical review of the criticisms might be harsh. On the other hand, if Elk Run lays fallow, a historical review of project proponents might be equally harsh.
Burrill's history of success suggests he has the ability to eventually succeed. When I spoke with Pine Island city administrator Abraham Algadi yesterday, he told me he spoke with Burrill as recently as December 17, 2010.
"His report was fairly short, basically, 'We're going to get it done,'" said Algadi.
Pine Island is awaiting Tower's update on Burrill's fundraising effort. Algadi said there's no deadline for Burrill's fundraising.
"He's operating on his own clock and these are self-imposed deadlines for the most part," Algadi said.
The Elk Run project has taken longer than it takes to build a McDonald's restaurant (which takes on average about three to three-and-a-half years), he said.
He noted when people drive down Civic Center Drive in Rochester that "one day they see a Walgreens…it's there. It almost magically appears to the average consumer." But that particular Walgreens, Algadi said, has actually taken three years of planning.
He's not averse to making blunt statements about Elk Run.
"I am prepared to say that come March, which is the time they promised work will begin on the building, if there is no work on the building at that time, there will be serious consequences in terms of where I would recommend what the city should or should not do," Algadi said.
However, I note that Tower actually promised substantial progress on the building in October of 2010.
If there's 50 inches of snow on the ground still come March, Algadi said, that would affect the recommendation to the city council.
But, that said, "come March, 2011, if there is no serious progress on site towards construction of the building and beginning to meet the job creation goals which begins Jan. 1st of 2011, we're going to more fundamentally reassess the city's position in terms of what recommendations we ultimately provide to the council on the project and on a number of other things," Algadi said.
Yet Algadi continues to express optimism. It took 30 years for the Research Triangle Park on the eastern seaboard to begin to show success. That park claims to have 170 companies and to support 42,000 full-time "knowledge workers" and an additional 10,000 contract workers.
Algadi cites that as reason for his take-it-slow optimism.
"We worked so hard on this project and I'm an optimist — was and will continue to be…at the end of the day my faith in the project is not shaken, and will not be shaken," Algadi said.
Pulse on Health
By Jeff Hansel, member Association of Health Care Journalists
Health Reporter for the Post-Bulletin newspaper, 18 1st Ave. S.E. in Rochester, Minnesota 55904
Twitter Hansel's Pulse: @Jeff Hansel
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