Mendota Heights could be the next Twin Cities community to get an indoor trampoline park, the latest of several springing up here and nationwide.

The City Council recently approved a conditional use permit for the park at 2250 Pilot Knob Road. Curt Skallerup, the founder and operator of Altitude Trampoline Parks, said he still needs to finalize the lease for about one-fourth of the space in the 87,000-square-foot industrial building. The other tenant is Restaurant Technologies Inc., whose business involves helping the foodservice industry store, recycle and dispose of cooking oil.

Skallerup said he said he's hoping to open the Mendoto Heights park in March. It will be smaller than one Skallerup plans to open in suburban Dallas in February but will have similar features, like floor-to-wall trampolines and foam pits for tumbling. Plans call for party rooms and package deals for groups as well as fitness classes. Skallerup said more adults are discovering the calorie-burning benefits of working out on trampolines.

Trampoline parks appear to have supplanted water parks as the hottest trend in the amusement industry. There currently are about 50 of the centers nationwide, including Zero Gravity in Mounds View and Sky Zone, which has parks in Plymouth and Oakdale.

Veterinary supply firm moving

Midwest Veterinary Supply has purchased a new headquarters property in Lakeville's Airlake Industrial Park and will be relocating from Burnsville. President Guy Flickinger said the new 51,000-square-foot building, which has both office and warehouse space, is more than twice as large as its current home.

The two-story building at 21467 Holyoke Av. was the former home of DHY, a die casting metal manufacturer that went out of business, according to Adam Kienberger, economic development specialist for the city.

The property had been taken back by the lender and was marketed for $1.95 million by the Twin Cities office of CB Richard Ellis. A purchase price by the veterinary supply business has not been disclosed.

Midwest Veterinary is a distributor of veterinary supplies and sells to over 12,000 veterinary clinics in 30 states. The company has six distribution facilities nationwide.

Homebuilding up in Lakeville

Building activity in Lakeville has climbed back to pre-recession levels, powered mainly by robust residential development.

The city has issued building permits with a total valuation of $104.7 million through the end of October. That's up from $61 million for the same period last year and the first time there's been more than $100 million in total building permits since 2008, even with two months remaining this year.

The city has issued 215 single-family home permits valued at $63.7 million. This compares with 105 permits valued at $32.7 million for the same period in 2011. It is the first time since 2006 that the city has issued over 200 single-family home permits.

Lakeville also has issued commercial and industrial permits valued at $9.6 million through the end of October, compared with $9 million during the same period in 2011.

Stream Global starts hiring

Stream Global Services, which earlier this year moved its headquarters from suburban Boston to Eagan, last week held an open house at it new home to recruit workers for its call center. The technology company said it would hire 50 people but will eventually fill more than 150 positions in the coming months.

Stream Global's new Eagan facility has a capacity of about 300 workstations, so the company expects to fill more positions in the future.

Please send your Dakota County business news to susan.feyder@startribune.com.