Developers are revved up to build an 80,000-seat, NASCAR-caliber racing oval and quarter-mile drag strip in the northeast corner of Lino Lakes.
Whether the plan -- including hotels, racing-related retail and entertainment -- accelerates or sputters may depend on resident reaction and the outcome of ongoing environmental studies.
The development group, International Motorsports Entertainment Development Co. (IMEDC), has met with the City Council and Economic Development Advisory Committee, though no official proposal is yet on the table.
The group, which previously eyed sites in Big Lake and Arden Hills, has made a conditional offer on 400 acres near Interstate 35E and E. 80th Street, close to city borders with Hugo and Centerville. It has not yet consulted officials in those cities.
Lino Lakes officials are listening. But all sides acknowledge more work is needed to address concerns about noise and traffic.
The group is looking at how site placement, design and building materials could mitigate noise, said IMEDC President Jim Farnum.
The speedway alone could generate more than $2 million in property tax revenue, he said, and fill area hotels and campgrounds. The Twin Cities, he said, is the largest U.S. market without a major motor sports complex, although local corporations such as 3M, General Mills, Best Buy and Target are big racing sponsors.
He noted that on off-weekends, the track could be used for craft fairs, farmers' markets and other community events.