Rosemount Measurement, a division of Emerson Process Management, is bringing 500 new jobs to Shakopee, Minn., as it moves into a 500,000-sqare-foot building that has been vacant for the last 13 years.
The glass structure stands as a testament to the Dot-com boom -- and bust. It was built in 2000, but has never been occupied, leaving the state-of-the-art facility to sit as a backdrop for the Minnesota Valley RC Club.
"It's new on the outside, there's nothing new on the inside," JohnHalvorson told FOX 9 News. "You can look through a window on this side and see out the other end of the building."
Now, it seems the bounty of one boom will play host to another -- namely, the oil sand boom in places like North Dakota. Over the next five years, the facility will become an expansion of the companies' flow metering equipment manufacturing.
Shakopee Mayor Brad Tabke described the new gigs coming to his city as high-paying positions in engineering and manufacturing.
"They're nearly all high-end manufacturing and engineering jobs in the range of $60,000," Tabke explained. "It's really good."
According to Tabke, the facility is already well-situated to welcome the new occupants because it was built specifically with manufacturing in mind.
"It was built specifically for ADC," he said. "They did a lot of tech components, so it works really well for Emerson to have."
ADC telecommunications spent tens of millions to build what would have been their dream headquarters -- but when the tech bubble burst, they abandoned their plans and never moved in. Now, the only reminder of those plans is the location on Broadband Boulevard and Tabke said he's happy to see the symbol of a missed opportunity get new life.
"This project is a result of the extraordinary collaboration of local, regional and state governments and entities with Rosemount," Tabke said. "The city of Shakopee has invested heavily in this project utilizing tax abatement, waived fees and other tools."
Shakopee officials have been trying to bring businesses to the site for more than a decade, even submitting the industrial park as a proposed location for the new Minnesota Vikings stadium.