Some rather ordinary industrial buildings just north of downtown Minneapolis are about to get an attractive new neighbor.
Construction begins next week on the North American headquarters for Coloplast, a Danish medical technology firm that arrived in Minneapolis in 2006 when it acquired Mentor Corporation's urology division. The deal included the $5.8 million purchase of Mentor's campus on West River Road.
Two outdated buildings already have been demolished to make way for a redeveloped campus that will consist of three buildings totaling about 180,000 square feet. But Coloplast and city officials say the project's significance goes beyond the buildings' scale.
For Coloplast, the development is an important step in establishing its presence in the United States and Canada, according to Jan Frederiksen, president of the Danish company's North American operations. The Minneapolis site will be one of three global innovation centers along with others in Denmark and France.
More than 300 people will work at the new headquarters when it's completed early next year, including about 140 positions transferred from other Coloplast and former Mentor operations. To make room for future expansion as a headquarters and research facility on the 5-acre site, Coloplast moved about 100 manufacturing employees to leased facilities in Vadnais Heights. It also decided to keep a skin care products division at its current location in North Mankato.
Coloplast, which develops and makes urology, continence care and wound care products, has had U.S. offices for more than 20 years but in several different locations. Most will be centralized in the new Minneapolis facilities, including operations transferred from Santa Barbara, Calif., and Marietta, Ga.
Revitalize the corridor
For Minneapolis, the project is a significant step in a long-term effort to revitalize the commercial corridor on the North Side. Not only are the new facilities a corporate headquarters, but one in medical technology, an industry with strong growth and well-paid jobs that make it one of the most sought-after employers by communities.