In the background of this photo is a slight hill that lies at the intersection of Flying Cloud Drive and Valley View Road. The building to the right is the Ridge at Riley Creek. The building to the left is Real Life condo/co-op building. click on the photo to enlarge it if you want a better view.
The City is examining a proposal from TOLD Development Company to build a new 100,000 sq ft office building on this site. According to the April 6, 2007 edition of the Twin Cities Business Journal, staff writer Sam Black says this new building will be the future headquarters site for Alliant Techsystems, Inc.
Alliant Techsystems is currently headquartered in Edina. They employ 15,000 people worldwide. They sell advanced weapons systems, ammunition, and space launch motors & vehicles. Their 2006 sales were $3.2 billion. The proposed move would impact 275 employees.
It can be awkward when a business pulls up stakes to move to an adjoining community. While Alliant Techsystems appears to be planning a move to Eden Prairie, Lifetime Fitness is making a move from Eden Prairie to Chanhassen. You win some. You lose some. This a straight market deal. The City is not providing any form of incentive to lure Alliant Techsystems from Edina to here.
The deal isn’t done yet, but when it is, we will welcome them here.
