Economic Development

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Ramsey Economic Development Authority (EDA)

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

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.

ED Guide
Development Projects

Current Commercial Projects

Numerous commercial projects are in process or have been completed in the City. See City Council, Planning Commission and EDA agendas and minutes for specific project details. Specific project questions can be directed to

  • ALDI: Construction has begun to build a 20,664 SF grocery store on 2.83 acres in the COR near the intersection of Sunwood Drive NW and Armstrong Boulevard NW. An opening date is planned for early summer 2024. 
  • Bunker Lake Industrial Park: (BLIP) A development agreement was approved by the City Council for PSD, LLC to construct a fifth building (84,000 SF) on one of two lots in the Bunker Lake Industrial Park (BLIP). A sixth building is planned for 2024 or later. 
  • Home2Suites by Hilton Hotel: Construction has begun on a 98-unit, four-story hotel located at 7895 Sunwood Drive NW, with a planned completion date of October 2024. There is room for future expansion and/or the addition of restaurant/retail space. 
  • Jam Hops: The City completed the 4.14 acre land sale to BC Nolby LLC (Jam Hops). Jam Hops plans to build a 22,000 SF recreational facility at 14200 Limonite Street NW (near the intersection of Ramsey Boulevard and Highway 10). A groundbreaking took place on February 16, 2024.
  • Norhart Architecture:  The City Council has approved a purchase agreement to construct a market-rate 200-unit apartment building with 5,000 SF retail space and a patio. Planned amenities include on-site staffing, a community room, a coffee station, a fitness center, a pet spa, an outdoor lounge, and a pool. Grounding breaking is planned for Spring 2025. More details about the apartment can be viewed here.
  • Oppidan Inc. is adding three new buildings to Bunker Lake Industrial Park: 111,300 SF and two 147,000 SF facilities (totaling 405,000 SF).  The project is anticipated to create at least 300 new jobs. Leasing is now available. More information on Oppidan can be found here.
  • Soderholm & Associates: A 46,000 SF expansion for this Ramsey business located at 7150 143rd Avenue NW is planned. More details on the project can be found here.
  • Storyteller Café: Stories Foundation has purchased a 1/2 acre City lot in the COR. It plans to build a 12,000 SF facility that includes a café, retail store, and apartments with a rooftop patio.
  • Water Treatment Plant Construction is underway for a centralized City water treatment facility (19,000 SF) near the Public Works campus at 6900 143rd Avenue NW. Groundbreaking took place in July 2023. Completion is expected in August 2025.


Recently Completed Projects

  • Anderson Dahlen: located at 7105 Sunwood Dr NW, the 65,000 SF expansion was completed in 2022. The 45-ft tall facility will accommodate the company's current growth with space for an additional 50,000 SF. The project is anticipated to create at least 40 new jobs.
  • Reliable Holdings (Blue Line Collision): Construction was completed in January 2024 on a new 12,320 SF facility for Blue Line Collision. Blue Line Collision relocated due to the Highway 10 construction project at Sunfish Lake Blvd and Highway 10. The new building is located at 6710 Highway 10. 
  • PSD, LLC.: has completed work on their fourth building (67,000 SF) in the Bunker Lake Industrial Park (BLIP) in 2022. Integrity Engineering & Manufacturing, Inc. has signed on to lease 37,500 SF of the building.
  • Gigi's Salon's new 9,700 SF building. located at 7850 Sunwood Dr NW, on the corner of Sunwood Drive and Zeolite Street. The new location opened in March 2022.
  • G-Will Liquors, at 5427 Alpine Drive NW, opened a new 12,000 SF building on three acres in December 2022. It is located north of Bill's Superette off Alpine Drive and Highway 47.
  • Delta ModTech moved into their new 230,000 SF manufacturing facility in August 2020 in Bunker Lake Industrial Park.
  • Lil' Explorers Childcare is a new 16,000 SF daycare facility located on the northeast corner of Bunker and Ramsey Boulevards, south of Ramsey Storage Center. The new center opened on January 2, 2024.
  • Northstar Marketplace Construction of a 7,200 SF multi-tenant building at 7912 Sunwood Drive NW was completed in 2023. The proposed uses are retail and restaurant with a drive-thru along the west side of the building. The location is north of Coborn's grocery store. Tenants are yet to be determined.
  • The O'Reilly Auto Parts Store, located at 7248 Sunwood Drive, the 7,800 SF building was completed in 2022. An additional 7 acres adjacent to the property is planned for a commercial/retail development. Potential users could include a small coffee shop, car wash, retail store, financial institution, restaurant and grocery store.
  • PACT Charter School Construction was completed on the new 73,000 SF secondary school campus in time for the 2023-2024 school year. In addition to the school project, 161st Avenue was reconstructed to include a trail.
  • 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 Boulevards in 2020.
  • West Armstrong Retail is a 15,000 SF multi-tenant retail building at the intersection of Sunwood Drive and Armstrong Boulevard 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.

latest-newsCheck the latest News in Ramsey Economic Development 

Development Trends

The City of Ramsey has experienced solid 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 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.