The "mystery" company behind plans for a major tech hub near the Mall of America in Bloomington has been revealed as Germany-based sensor company SICK Sensor Intelligence, Inc.
Ok, so it's not a big-name tech company like Google or Amazon, but the scanner and sensor makers are planning a potentially significant investment as it expands its Bloomington base.
Its U.S. headquarters are already at 6900 W 110th St. in Bloomington, but it wants to expand to a new campus across the street from the Mall of America to the northeast, which would consolidate all its U.S. operations (which includes a site in Savage, Minnesota) into one location.
Over the course of the next 15 years, it wants to gradually build a 600,000 square-foot campus that would comprise warehouse, distribution, production and office facilities.
In documents due to be discussed by Bloomington's Port Authority and City Council on Monday, SICK says that a move to the new location would result in the creation of 1,546 jobs by 2035, as well as 740 temporary construction jobs.
These workers meanwhile would be paid on average the same as the current median wage of SICK's Bloomington employees, $81,000.
But in order for the development to go ahead, SICK is seeking the city of Bloomington to provide $32 million for the project, through a combination of reduced land cost and the construction of parking facilities.
SICK meanwhile would be investing more than $100 million into the project.
While it remains to be seen whether the plans will get the backing of elected officials, the documents note that it is also considering Houston – where it already has a presence – as an alternative location.