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The Business Beat...................................................2
CSM Advances Industrial Park in Blaine’s Lexington Preserve Business Park
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CSM Corporation is bringing more high-quality industrial space to Blaine with the development of two new speculative office-production and warehouse buildings at 3705 and 3745 Pheasant Ridge Drive NE. Together, the projects represent nearly 168,000 square feet of new construction in the growing Lexington Preserve Business Park. Each building will total approximately 83,866 square feet and is being designed with both function and appearance in mind. To complement the architectural character of the surrounding business park, the buildings will feature architectural precast concrete, aluminum composite material (ACM) panels, and windows with an anodized aluminum finish. These materials provide durability while presenting a modern, professional appearance to the heavily traveled I-35W corridor.
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City of Blaine 10801 Town Square Drive NE Blaine MN 55449
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3705 & 3745 Pheasant Ridge Drive New Construction - Opening December 2025 The project sits on a 12.45-acre parcel that was recently platted as the CSM Lexington Fifth Addition. Public approvals included a preliminary plat and a conditional use permit, reviewed by the Blaine Planning Commission and City Council earlier this year. The site plan accommodates multiple dock and drive-in doors, offering flexibility for future tenants and positioning the space for a wide range of industrial and office-production users. The new buildings are designed to meet the strong demand for mid-bay industrial space in the north metro. Spaces will be available starting at approximately 30,000 square feet, with options for larger tenants to expand into full-building footprints of roughly 84,000 square feet. The location also offers excellent visibility and access, with more than 50,000 vehicles passing daily on I-35W and quick connections to major Twin Cities highways. This latest investment underscores Blaine’s emergence as a regional hub for modern industrial development. With the City’s business parks nearing capacity, projects like this ensure that companies seeking to expand or relocate have access to the kind of space needed to grow. Leasing for this project is being managed through CSM’s commercial property team, with additional details available through local brokerage listings.