Economic Development

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Ramsey Economic Development Authority (EDA)

Learn more about what the EDA does and find your EDA board members here. View current agendas and archived meeting minutes and agendas. Watch EDA meetings at 7:30 am the first Thursday of each month on

ED Guide

EDA Mission

The mission of Ramsey's economic development efforts is to support our local businesses, grow the city's tax base, foster job creation, and improve the overall quality of life for Ramsey residents.  The City has placed an emphasis on encouraging economic development within the City Council's Strategic Plan, the Ramsey EDA's work plan, and the City's Comprehensive Plan.

Current Commercial Projects

Numerous commercial projects are currently in process or have been completed in the City:

  • ALDI A purchase agreement was approved by the City to build a 20,664 SF grocery store on 2.83 acres in the COR located near the intersection of Sunwood Dr and Armstrong Blvd. A site plan needs to be submitted and approved. Construction is tentatively planned for summer 2023 with an opening date of 2024.
  • Anoka Ramsey Athletic Association (ARAA) Dome This project is located west of the Armstrong Interchange at the south end of Ferret St. NW. The project is proposing multiple uses on site to include a sports dome and other commercial uses. Site plan review was approved at the February 14th city council meeting.
  • COR Trust Bank A purchase agreement has been approved by the City to build a 3000-6000 SF building on the corner of Sunwood Dr and Zeolite St NW, across from Gigi's Salon. A site plan will need to be submitted and approved before construction can begin.
  • Ramsey Properties (Hilton Hotel) - A purchase agreement has been approved by the CIty Council to build a 98 unit 4 story hotel with a pool on the corner of Sunwood Dr and Zeolite St. A site plan will need to be submitted and approved before construction begins.
  • Lil Explorers is a new 16,000 SF daycare facility approved by the City that will be located on the northeast corner of Bunker and Ramsey Blvds, south of Ramsey Storage Center.
  • Northstar Marketplace Work has begun for a 7,200 SF multi-tenant building at 7912 Sunwood Dr NW. The proposed uses are retail and restaurant with a drive thru along the west side of the building. Location is north of Coborn's grocery store. Tenants are yet to be determined.
  • Oppidan Inc is adding three new buildings to Bunker Lake Industrial Park: 111,300 SF and two 147,000 SF facilities (total of 405,000 SF). Construction of Buildings 1 and 2 are about complete with Building 3 slated for 2023. The project is anticipated to create at least 300 new jobs
  • PACT Charter School  Construction has started on the new 73,000 SF secondary school campus with a desired completion date for the 2023-2024 school year.  In addition to the school project, 161st Ave will be reconstructed to include a trail. Project details can be viewed here.
  • Reliable Holdings (Blue Line Collision) Sale of cIty property was approved and construction is scheduled to begin in Spring 2023 for a new 10,000 SF facility. The new building will be located at Highway 10 and Dolomite St NW. Plan for completion is Fall 2023.
  • Storyteller Cafe Stories Foundation has purchased a 1/2 acre city lot in the COR and plans to build a 12,000 SF facility that includes a cafe, retail store and apartments with a roof top patio.


Recently Completed Projects

  • Anderson Dahlen - the 65,000 SF expansion is complete on the north side of Sunwood Dr just east of Ramsey Blvd. The 45-ft tall facility will accommodate current growth for the company with space for an additional 50,000 SF. The project is anticipated to create at least 40 new jobs.
  • PSD, LLC has completed work on their fourth building (67,000 SF) in the Bunker Lake Industrial Park (BLIP) this spring. Integrity Tool & Engineering, Inc has signed on to lease 37,500 SF of the building.
  • Gigi's Salon's new 9,700 SF building on the corner of Sunwood Dr and Zeolite St. The new location opened in March 2022.
  • G-Will Liquors, located at 5427 Alpine Dr NW, opened a new 12,000 SF building on 3 acres in December 2022. It is located north of Bill's Superette off Alpine Dr & Hwy 47.
  • Delta ModTech moved into their new 230,000 sq foot manufacturing facility in August 2020 in Bunker Lake Industrial Park
  • O'Reilly Auto Parts Store 7,800 SF building has been completed and is open at 7248 Sunwood Dr, west of Casey's General Store. An additional 7 acres adjacent to the property is being planned for a commercial/retail development. Potential users could include a small coffee shop, carwash, retail store, financial institution, restaurant and a grocery store.
  • Suite Living Senior Living & Memory Care opened in a brand new 32 unit facility in 2021
  • Sapphire Apartments completed a 118 unit building in December 2020
  • Ramsey Storage Center opened a 125,000 SF climate-controlled storage facility on the corner of Bunker Lake and Ramsey Blvds in 2020.
  • West Armstrong Retail is a 15,000 SF multi-tenant retail building at the intersection of Sunwood Dr and Armstrong Blvd that was completed in 2020. Big Adventures Academy opened in October 2021 as the first tenant Additional tenants include Anytime Fitness and Papa Murphy's Pizza.

View an overhead map of all commercial developments.

latest-newsCheck the latest News in Ramsey Economic Development 

Development Trends

The City of Ramsey has experienced strong and steady development over the past 20 years. This trend is expected to continue - Ramsey is the second fastest growing city in Anoka County with well over 1,000 acres of developable greenfield land located near the U.S. Highway 10/Armstrong Interchange. 

Ramsey boasts two unique developments: (1) The COR is the city's downtown development.  This 300 plus+ acre development is a true, transit-orientated, mixed-use, walkable, urban development; and (2) the cities of Ramsey and Anoka also share a 1,000 acre business park, which is home to several Fortune 500 operations, and has created about 15,000 jobs.

View additional development updates.