Two more lots in Luverne’s industrial park are on the market priced at $21,000 and $31,000, according to action at the January meeting of the Luverne Economic Development Authority.
The lots are located near the intersection of Koehn Avenue and Dakota Road in the Mayes subdivision, named for the late Marty Mayes who farmed the 91 acres before they were annexed into the city in 2007.
“We already have someone really interested in one of the lots,” EDA director Holly Sammons said at the Jan. 9 meeting.
She said the Mayes lots are priced at the same cost per square foot as other lots in the industrial park.
"Having an industrial park served with streets and utilities with I-90 visibility is a very attractive asset to our community," Sammons said.
She offered a historical perspective on industrial park growth west of Papik Motors over the past 10 years.
When she started 10 years ago, the LEDA owned 132 acres, including the 30 acres Gold’N Plump had an option to buy.
Since then, 53 acres — seven lots — have been sold. These buyers include:
•RSD Development (Rich Dreckman), one acre
•Henning Construction, 3.32 acres
•Kemp Electric, one acre
•John LeBrun (Stein Seed), 1.23 acres
•Minnesota National Guard Armory, 15 acres
•Backdraft Manufacturing, 1.81 acres
•Lineage Logistics purchased 30 acres from Driftless Meats, affiliated with Premium Minnesota Pork, which exercised the Gold’N Plump option to buy from LEDA.
Sammons said seven smaller lots, a total of roughly 10 acres, remain available for sale in the industrial park.
"We try to keep a handful of smaller shovel-ready lots on the market for our small businesses so that they can see what's immediately available,” she said.
That leaves 69 acres available but not yet subdivided and platted that could accommodate a variety of interested businesses.
“We also have larger lots that can accommodate larger industry that may need five, 10, or 20 acres,” Sammons said.
“But we'll work with them on a case-by-case basis to subdivide and plat the lots as needed to meet their specific needs."