MnDOT selects team to design and build interchange near Elk Run

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Who will be the next Medtronic? What will be Minnesota's next breakthrough industry? Wendy Lee, with help from James Walsh, will provide you the latest information and commentary on the people, companies, and trends driving innovation in Minnesota. From visionary entrepreneurs to game changing technologies, this blog offers a window into the future of Minnesota's economy.

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MnDOT selects team to design and build interchange near Elk Run

Posted by: Wendy Lee under Minnesota innovation, Minnesota technology Updated: September 2, 2010 - 7:01 PM

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Shafer Contracting Co. was selected by the Minnesota Department of Transportation as the team that would lead the design and building of the interchange on Highway 52 and an Oronoco frontage road near Pine Island's Elk Run project.

Shafer, which competed against four other firms, bid $34.3 million and must complete the overall project by Nov. 15, 2012, said MnDOT project manager Terry Ward on Thursday.

The selection came after Elk Run's developer Tower Investments on Wednesday donated 290 acres to the city and county for the interchange project to MnDOT.

Tower plans to build a bio business park, housing, a wellness community, along with other commercial space on the 2,325-acre Elk Run property.

Tower said on Wednesday the groundbreaking of the first building will take place at the earliest in October, a month later than officials had last predicted.